Thread: Quibid
View Single Post
  #1  
Old 01-30-2010, 08:18 PM
PersonaNonGrata's Avatar
PersonaNonGrata PersonaNonGrata is offline
Moderator
 
Join Date: Mar 2005
Location: SoCal
Posts: 7,749
PersonaNonGrata is on a distinguished road
Quibid

Has anyone used QuiBids - Shopping Redefined It's a sort of online auction site that someone I know swears by. The site sells all sort of things but primarily cool electronics like MacBooks, iPods, digicams, and gaming consoles. The prices they sell for are ridiculously cheap. For example, recently sold was a 13" MacBook for $50.34. An 8GB iPod Touch for $0.59.

How do they make money? Every bid costs $0.60 whether you win or not, in addition to the price of the item if you do win. As you can imagine, if there are a dozen bidders each ponying up $0.60 a bid and bids are either $0.01 or $0.02, you can rack up some pretty good numbers. A PS3 that sells for $45 can yield the site many time more than the retail price of the item with bids going in $0.02 increments.

The guy I know who uses the site has won things and they have shipped directly from stores like Target and Costco so the products do get delivered and in new condition. It's just the whole bidding thing.

Any users?
__________________
Reply With Quote

Sponsored Links