Editor’s Quibids Reviews
Quibids.com seems to offer more penny auctions than any other penny auction site (it’s hard to tell since many penny auctions seem to exaggerate the number of daily auctions offered). As a result, the product variety is incredible, as-is the frequency of auctions. Let’s just say that you will never find it hard to find something that you want to bid on.
That being said, Quibids ranks on the high side of the scale when it comes to competition. Their large advertising budgets draws lots of new members daily so bidding can be nuts at times. Fortunately, they offset the high competition by offering so many auctions.
Quibids.com Penny Auction Features
- Buy It Penny Auctions: Quibids was one of the first auctions to really embrace ‘Buy It’. In fact, they embrace it so much that you don’t actually have to bid on an auction to buy an item, the eCommerce store is always open for purchases (although you can get a much better deal in the auctions).
- Badges: Badges are Quibids rewards program. Users earn badges for participating in auctions, winning auctions, losing auctions, bidding a lot and not bidding at all. In fact, Quibids badges are awarded to active penny auction bidders for just about anything. Why do these matter? Badges are really the only way to get free bids on Quibids (except when you sign-up)
- Games: After you win an auction, Quibids awards you tokens to play games on their website. We see these as a bit of gimmick to keep you on the site but hey, they are free and some of the games are actually pretty fun.
- Locked Auctions: Called ‘no jumper’ on other penny auctions, Quibids Locked Auctions are auctions which limit competition by only allowing existing bidders of an auction participate (no new bidders can enter).
Common Quibids Auctions
- Gift cards of all shapes and sizes
- Laptops and tablet computers
- Video games and video game consoles
- Motorize scooters and small vehicles (occasionally)
- Sporting and recreational goods such as golf clubs, fishing poles/reels, camping equipment
- Headphones, MP3 players
- Digital cameras including SLRs and GoPro’s
- Household goods such as Dyson vaccuums and cookware sets
- Purses, Jewelry, Art
- Tons of other stuff.
Quibids.com shipping and fees
Quibids is one of the few penny auctions who offer free shipping on almost everything. This is a big perk because shipping charges can add up and eat into penny auctions savings!
Is Quibids a scam?
We think that Quibids practices transparent business practices and can be considered an industry leader as far as penny auctions go. We have no reason to believe that Quibids is a scam.
Update (6/17/2015): According to BBB, Quibids was asked to disclose statistical information concerning its auctions and the winners of those auctions. According to the company, it hosts about 9,000 auctions per day; of those auctions, about 4,000 are won by different individual bidders. An average of 2,000 bidders per day win multiple auctions.
Quibids Pros and Cons
- Quibids Pros: Tons of product variety, tons of auctions, extremely transparent business practices (which is important in the penny auction industry), ‘buy It’ options on every auction, great customer support (live chat)
- Quibids Cons: Competition can be a little stiff, hard to get free bids, no auctions are free