QUIBIDS REVIEWS

quibids-reviewWhen it comes to penny auctions, Quibids is the quintessential household name. Quibids’ large television advertising budget has helped it to become the most well-know and trafficked penny auction website in the USA, Canada and other major countries around the World. Other penny auctions which compare in size include DealDash and possibly Beezid. If you’ve bid recently on Quibids, please help us by leaving your Quibids review at the bottom of this page.

About Quibids

  • Competition: Medium to high
  • Quibids Coupon Codes: Hard to come by
  • Free bids at sign-up: 3
  • Other ways to get free bids: Badges (see below), sweepstakes, referring a friend, email newsletter, buying items from the Quibids store.
  • Quibids Address: 4 NE 10th St. Suite 242, Oklahoma City, OK 73104
  • Phone number: (405) 242-5339
  • Facebook: facebook.com/quibids
  • Twitter: twitter.com/quibids
  • BBB Rating: B

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-homepage

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 aways 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.
  • Transparency: Quibids is a fairly transparent penny auction website in that they publish past auction stats freely. This allows the savvy bidder to do some homework before bidding on auctions.
  • 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
  • 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
Try Quibids and Get 3 Free Bids

Quibids FAQs

What is Quibids’ buy now feature all about?

Quibids is a penny auction site which offers Buy Now, a feature which allows penny auction losers to apply the value of the bids they lost to the purchase price of an auctions. Here’s how it works- Let’s say you use 300 bids (worth $180) while bidding on an iPad. Even worse, let’s say that you lose!

Quibids allows you to then apply a $180 credit toward buying the iPad, if you choose to do so. This basically makes it less-risky to bid on an auction if you are prepared to purchase the item at retail anyways. Learn more about Quibds.

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Are Quibids products brand new?

Yes, according to their help documentation and our bidding experiences, Quibids only auctions brand new, factory-sealed auction items.

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How much do Quibids bids cost?

Quibids bids are $0.60 each, almost always. Quibids is the only penny auction website that we know of which sticks very firmly to their bid prices. We rarely see any sort of discount on Quibids bids. In fact, the only way to really save on bids is to win them in auction or to get free bids when signing up.

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Does Quibids offer auto-bidding?

Auto-bidding on Quibids

quibids-autobidYes, Bid-O-Matic is the name of Quibids auto bidding software. Bid-O-Matic is started when a user sets a ‘bid from price’ (the price at which it will turn on) and the number of bids to be placed.

  • When it bids: During the final 20 seconds (although you can’t control exactly when)
  • How many bids can it place per campaign: Minimum of 3, maximum of 25
  • How many can be set simultaneously: 1 per auction, as many as you want in total
  • Can it be deactivated? Yes (at any time)
  • Restrictions: Cannot be activated when there are less than 2 seconds on the clock and some auctions don’t allow it at all.
  • Try Bid-O-Matic

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How does Quibids’ Buy It feature work?

Quibids offers Buy It penny auctions where auction losers can apply the value of lost bids on any auctions towards purchasing the product for retail value.

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Quibids Bidding Tips

Every new bidder should consider these tips when bidding on Quibids auctions:

  1. Quibids Tip 1: Watch several auctions before you start to bid
  2. Quibids Tip 2: Review the “Statistics” tab on your items before entering in an auction. These are loaded with useful information including average closing price, average number of bids to win, etc.
  3. Quibids Tip 3: Bidders earn one extra bid by rating their Gameplay before you claim their win.
  4. Quibids Tip 4: If bidders are hitting the auction heavy, back off, let them spend their bids and then get back in!

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Sites Like Quibids?

Which penny auction websites are most like Quibids?

Quibids Competition

There is only one penny auction which rivals Quibids in terms of bidding competition and that’s DealDash. DealDash and Quibids are currently the largest (by far) in terms of active auctions and active users.

Sites with Similar Products as Quibids

HappyBidDay, OrangeBidz, and DealDash all offer a simliar variety of product auctions as does Quibids. While HappyBidDay has many fewer auctions (and users!), they do offer a ‘choose one’ feature which let’s you pick from a variety of similarly-priced products when you win an auction.

Overall, we feel that DealDash is most similar to Quibids due to the size of the site.

Tired of Quibids? Try DealDash!

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How Does the Quibids Store Work?

quibids-store

The Quibids store is Quibids’ attempt to become a typical “ecommerce” website. The Quibids store works just like any other online ecommerce website with just one exception- When you purchase something from the Quibids store, you get ‘Voucher bids’ which can be used in Quibids penny auctions.

In our review of the Quibids store, we noticed that the pricing on most items is about the same or slightly higher than other online retailers. We think that the Quibids store is a good fit in case where you want to purchase an item and Quibids pricing is competitive. That way, you can cash in on some free bids for Quibids penny auctions.

What we like about the Quibids Store

  • Competitive prices
  • Free bids (when you purchase)
  • Free shipping

What we don’t like about the quibids store

  • Hmm, sometimes prices are a bit higher than Amazon.com.

 

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Quibids Bidder Ratings and Reviews

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Average rating:  
 6 reviews
by BiddingBuddy on Quibids
Quibids Meh

Quibids was the first penny auction that I ever bid on years ago. At this point, it's become very difficult to 'profit' from bidding. It's not my favorite penny auction but it's not the worst either.

by peter on Quibids
Free is not free

Free delivery does not apply if you live outside the US. In fact it is quite high, although postage is given in the description. So check the description if you are outside the US before you bid.

by Randy Rosebrock on Quibids
Know your real cost.

Quibids is not in business to lose money. the only ones here that lose money are the consumer. Ignore low price show for winning bids on apple stuff and almost all prices are locked at a low price but bids are not and your only cost is your bids. Now multiply .60 (bid cost) times 3000 bids and you now see why they don't lose money. this also goes to "free to bid" as it still cost you on each bid. Items not locked or free are truly better but be careful as you need to figure you bid cost and final winning price.

by BudBids on Quibids
quibids is good

One of my favorite penny auctions. Lot's a variety, buy it is very forgiving. However, it's really hard to develop a good strategy with the level of compeition.

by pwrbids on Quibids
Saw qbids commercial on tv

I saw the quibids commercial on tv and thought it looked pretty cool. I blew about 60 bucks and stopped there. Guess i shud have done some homework first.

by Maurice on Quibids
Auctions good, shipping free

Quibids has pretty fair auctions and good product selection. The buy it and free shipping features make it one of my favs. Like any other PAs, there are power bidders but not too bad.

Visit Quibids.com
2017-10-24T13:27:56+00:00 May 21st, 2013|Penny Auction Reviews|

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