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Mushy S.

Contributor Level

Total Points
84

1 Review by Mushy

  • QuiBids

1/27/11

After joining, I went to the beginners auction. I waited to see what bid packets were being bid on and waited. The entire page consisted of $50 and $25 bid packets. No one was bidding on them. I chose a $25 bid packet down the page. Not one packet was bid on before or after the bid packet I selected. But strangely, the packet I selected was bid on by others. Really? Why would anyone bid against me for a $25 bid packet when all the previous and subsequent $50 bid packets were not bid on? Sounds like a computer generated system with psuedo bidders. I'm certain some auctions are legit, after all, even if the company sells the item at half price, they are still making a killing (if you consider how many people are paying 0.61 per bid and how many bids there are for each item). They may sell a $100 gift card for $50, but they probably earned $600 in bids. I believe they have a set price programmed into the system, and if this price isn't met, the system puts in a "psuedo" bidder who will win the bid if a legit bidder doesn't meet the set price. I won some item for a penny (actually 0.61 + 3.99 for shipping,) and after I went to Amazon to look up the product, I could have purchased it for six dollars and some cents. Quibids stated the retail price at $15.99. The biggest problem I have with Quibids is the fact it is a "penny" auction. Unless you have hours and hours of free time, don't get involved. I was bidding for a $100 gift card, and although the card went for five or six dollars, the auction for this item took well over an hour. To sit and watch the bidding pattern and then stragetically make bids, takes time. Imagine bidding on an item, a penny at a time, that will go for $600 or $700. I gave up due to time restrictions. I belive they have 0.20 bids, but I'm not impressed enough with Quibids to continue using them and look this information up. They have an automatic bidding system, but that could get very expensive to have the system up the bid for you every single time someone else ups the bid. Consider how valuable your time is. Winning big items will take a time commitment.

Mushy Has Earned 4 Votes

Mushy S.'s review of QuiBids earned 4 Very Helpful votes

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