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Adam D.

Contributor Level

Total Points
80

1 Review by Adam

  • QuiBids

12/27/13

Whatever way you look at it... this site is a scam. Yes it may be legitimate, yes it's policies may be transparent and in many ways they are upfront with customers however this site is designed to extort large sums of money from unknowing and optimistic customers looking to score a bargain. So the site is famous for selling £400 digital cameras for only £25 and £700 ipads for only £120 but it really doesn't work like that, it costs you significantly more and the company effectively quadruples the retail value in profit. It appears like an auction but it's not. Each item (all items are brand new) has a countdown like an auction, only every time somebody bids so many seconds is added to the countdown timer and you pay a set price for each bid you place which up's the final selling price by a penny each time. So for example you purchase 50 bids for £20 that costs you 40p per bid. Q-Bids is earning 40p every time somebody bids and the items final selling price goes up by 1p every time. Now lets take for example that camera I mentioned that is worth around £400 that sold for £25 (as shown on the site). If it sells for £25 that amounts to 2500 bids made by everybody who is bidding on the item because each bid ups the price by 1p. Now multiply 2500 bids by the cost of a bid (40p) you find that the item actually sold for £1000 in bids + the selling price and postage on top. Every time somebody places a bid more time is added to the countdown, the selling price still appears dirt cheap and people keep bidding non stop because it appears to be a bargain until eventually people give up and come home empty handed after spending a ridiculous amount on bids. Now the site does offer to discount the amount you spent on bids from the full price if you go for the buy it now option but chances are most customers are not there to pay full price... they are there to score a good deal and by the time they are done with the frustration of the auction they are just looking at it as a hard lesson - cut losses and run. Feel free to go and explore cause you never know, somebody has to win but I wouldn't recommend it to anybody. A site that appears to be one thing and is actually quite another - this is the definition of a scam!

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