Quibids.com is a penny auction
website. The bids cost sixty cents each which is mid range industry standards. Like all penny
auction sites you have to buy your bids before you place them. This may seem a bit odd to have to
pay for bids before you actually make the bid. This is how these types of websites are able to
bring high dollar items to the auction block and offer them up for pennies on the
What is a Penny Auction?
According to Wikipedia, a penny auction is a type of all-pay auction in which participants must
pay a non-refundable fee to place a small incremental bid. While there are deals to be had at just about any penny
auction, a more popular choice for finding deals online is by using a service like Auctionresource.org.
When I am checking out any type of penny auction site there are a couple of key things I am looking
for. I want to know if you get anything for free or if there is any kind of redemption for lost bids.
These two factors are important to me because I don't like losing money and I like getting free stuff
as an encouragement for joinng.
Right out the gate Quibids.com disappoints for
me at least. No free bids for registering. I feel a bit let down about this because my theory is if you want to
really reel people in than you should offer them a reason to come on in. Free bids work wonders to drum up
business! This is one of the places that Quibids.com can improve.
Some Positive Stuff
I like this site because it offers up a lot of
information about the site. There are plenty of frequently asked questions that are addressed and quite a few tips
and tricks offered on the site. I like information and I like that I did not have to look far for the information.
I think that there is certainly enough information listed here to satisfy even the most inquisitive of
The Quibids reviews show that the inventory was pretty beefed up when I visited which is nice to
see. More times than not the penny auction sites throw up a few high dollar items than they fill up the rest of the
space with low dollar crap.
This is a decent site. I think the novice though may
be better off heading somewhere there are free bids being offered just to get their feet wet a little bit. Free
bids offer the novice an opportunity to witness exactly how quickly your bids and your cash can flow out the
As far as penny auction sites go this is a good bet.
It is a legit site where you may just be the next person to win that sixty four inch flat screen for forty
Subscription Price: $0 Number of Items: 100's Geographical Location: Nationwide
Overall, the Quibids.com reviews show that this is a
legit site and is not a scam as far as penny auctions go, however if you’re someone looking for a deal online you
may want to use a service like Auctionresource.org as many people are
reporting that they are finding good deals there.
Customer Responses, Reviews, or Complaints About Quibids.com