- Calculate Your SXSW ROI (Interactive Infographic) Entrepreneur
Question about Quibids.com?
Hello, so I've been looking into Quibids, but I have a few questions before I decide on whether I choose to use it. Have, or do, any of you use Quibids.com?
1 - I had seen that for every bid, you're charged. So, how much are you paying per bid?
2 - Is there a membership Fee? One-Time, Monthly?
3 - Also, in the end, are you really saving any money, as opposed to just buying the product? How much would you end up paying when you purchase the Product?
Thanks in advanced!
For every bid you are paying 1 dollar.
There is no monthly fee, you just have to buy credits to spend on bids where 1 credit=1 dollar
You can save money assuming you actually win an auction., every bid people place only raises the price of the item by one penny. But there are a lot of people bidding.
Go to their website, there is a page that explains in detail exactly how it works.
I wouldn't use it. Seems like the risk outweighs the payout.
it's a scam don't use it.
if something sells for $6 the company makes money of ALL the bidders think of it as like buying a raffle ticket that isnt' based on luck but rather who ever buys the last ticket.
and many of the top items are bid on using auto-bidders a type of program that automaticly bids in the last minute so that it's very difficult for 'real people' to win.
bids go up by a penny not a dollar at least they use to. so lets say for example a TV goes up for bid it' value is $75
the bidding ends at $45 which means the company gets the $45 you bid but they also get all the money that it cost others to bid so in reality they sold it for like $90
if you ask me this site should be illegal. proceed at your own risk.