Quibids: Auction and Win
Quibids.com is an online penny auction site that has got popular these days . This is a place where you
can win exciting products, even the electronic items at very cheap prices by bidding on them
appropriately . It is remarkable that Quibids allow its users to win exciting items at heavily cut-rate
prices. Bidding and winning is not that simple as it is apparently visible. One needs to have a proper
planning before starting bidding on a particular item .
Though it appears to be very easy that you just need to bid for a product and if the last bid is yours, the
product is yours . The process is quite intricate actually. The product is yours if you bid on the highest
price at the zero time but you can do so only if you have sufficient knowledge about the site and how it
works . The price of a bid is $ 0.60 . The bids are prepaid in the account and one can purchase them in
different denominations. An important fact about the website is that the one who is not much
experienced should not go on bidding just like that and expect to win products at very low prices .
An important thing about the penny auction site is that as soon as you bid for the product the timer is
increased by 20 seconds so that the other persons can make higher bids in that time if they want to grab
the product. This bid war continues for long time unless a last bid is made . This is basically the
traditional approach of auction . the one who is the top bidder at the zero time wins the auction . You
just need to pay the price you have auctioned plus the shipping charges .
Another interesting feature that is specially made for those who want to buy the item without taking a
risk is “ Buy it now” which helps the user to purchase the product when he wants . This helps the user to
buy the product at the last auction price made subtracting the price of bids made till then. To make sure
that the product is in your hands only, this feature can be very supportive.
There are many important facts about the bidding on this site which are necessary to know for any
beginner. Being well informed will help you get the desired products at the best prices ever . Sometimes,
it is possible that you win the factory sealed products at very low prices in just 20 or 30 bids, but at other
times, the odds may be against you . So, some adopted strategies which the experienced users suggest
should be used to win the product at the best price .
One should know properly as to when should the bid be made so that he/she has the maximum chances
of win. In order to make the optimal use of bids, one should check out the average final bid price of a
certain product so that one starts auctioning only when it is required. It is very good to know that the
last 50 auction prices can be tracked to get an idea about its value price. Therefore, if one is ready to do
a bit of research about the site, it can prove wonderful as amazing products which are factory sealed
sometimes are available at lower prices than their actual retail prices.