Quibids Report - How to win on Quibids

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Showing posts with label Quibids win limits. Show all posts
Showing posts with label Quibids win limits. Show all posts

Thursday, April 21, 2011

Are there penny auction sites that offer better deals than Quibids?

Yes. Although Quibids is the biggest penny auction site, it does not necessarily mean its the best. There are other penny auction sites that offer more free bids and give an even greater discount than Quibids.  One of those sites is HappyBidDay.com.


Lets do a quick compare and contrast:


Amount of free bids at registration:
HappyBidDay: 30 bids
Quibids: 10 bids


Cost for starter bid pack:
HappyBidDay: 80 bids for $48 and 10 bonus bids ($0.53 each)
Quibids: 100 bids for $60 ($0.60 each)
*Also note the start up price at HappyBidDay is $12 less than Quibids.com


Return policy on most items:
HappyBidDay: 14 days in original packaging
Quibids: no returns


Win Limits:
HappyBidDay: Win limit of 30 a month
Quibids: Win limit of 12 a month


Winning Opportunity:
HappyBidDay: Ratio of people to auctions smaller
Quibids: Ratio of people to auctions larger



Free Bids:
HappyBidDay: Receive 3 free bids for daily login, 20 free bids for referring friends, 50 free bids on your birthday.
Quibids: Can only win free bids on Quibids daily Facebook promotions. But must compete with 100-250 people each day. You can also get 25 free bids for referring a friend.



Auction Types:
HappyBidDay: Offers "100% Off Auctions" where winner does not pay final price of auction
Quibids: Does not have "100% Off Auctions"


As you can see in my compare and contrast between Quibids and HappyBidDay.com, there are penny auction sites that offer better deals than Quibids. So what are you waiting for? Register at HappyBidDay.com and see for yourself. 

Thursday, March 24, 2011

Quibids Raises Their Monthly Win Limit

Quibids.com is once again giving their customers a greater opportunity to win! They announced this week that the site's win limit will be raised from 8 to 12 wins a month. Win limits were originally put in place to ensure that everyone on the site had an opportunity to win. If win limits were not in place power bidders could bid up and buy up every auction. Win limits help even the playing field for new and mildly experienced bidders. With the win limits slightly raised customers can now bid on and win more items.

How does the increased win limit affect Quibids customers? Even though win limits are put in place to protect customers, the higher win limit would not have an adverse affect on Quibids customers. Quibids offers 15,000+ auctions a day. That is 450,000 auctions a month. Thus, if every customer reached their win limit that would allow 37,500 customers to purchase 12 items a month at a terrific price. Customers are ecstatic!  Several customers were reaching their win limits within the first week or two of the month. Now they can spread their wins and continue to play the entire month. In response to the win limit changes, Quibids CFO, Jeff Geurts said, "We've had a lot of customer feedback to raise the limits, so we're giving our customers exactly what they want."
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