QuiBids LLC A cunning ripoff, Internet

I wanted to respond to this report as soon as I saw it.  To begin, I'm sorry to hear that this customer was dissatisfied with our company/service.  It is extremely hard (near impossible) to please everyone.  However, we have to have certain terms and conditions set in place, as do most companies.  Our Terms & Conditions state we allow a user to register once and that QuiBids reserves the right to temporarily or permanently terminate a user's account at its sole discretion.  http://www.quibids.com/help_terms.php  Seeing that multiple accounts were setup and pointing to the same credit card, and all within a short time period (with a very high transaction volume), we can only assume that there was something going on with this account.  Not to mention one of the accounts had suspicious information.  So, we used our discretion.  We did follow up with a call to discuss further.  I sincerely apologize for this but hope that our side is heard and understood as well.  Thank you.

Jill
QuiBids

You have some good points about quibids, but it isn't anything you can not find on their website. In fact they mention in the bidding FAQs to carefully research an auction, and explain in easy to understand terms the premise of the auction. The site even has a beginner area with real value items so that people can get a feel for the bidding style. Also, you can opt to apply your bid investment towards the full price with a buy now option. In fact, the only items you should be bidding on are things are you are considering buying in real life. The prices are reasonably matched with Amazon but you need to make sure you do not drop $80 in bids on an item, unless you fully intend on buying it- dont forget you still have to pay the price of the item plus shipping, and $.60 adds up real fast!

The problem with consumers is when they see a great deal, they do very little background checking. Its the same with Houses, Cars, Vacations- when we see a high value items selling for absurd black friday like prices, we tend to forgo reasoning and let our wallets speak for us. That being said, if you are too lazy to do the math for the auction or investigate the FAQs, then you might as well throw your money away.

I joined the site via an ad from Woot on Wednesday. I picked up a LaCie 8gb disk drive for $14 + $6 in bids and $3 S&H. The cheapest price on Amazon at that time was $35. It something I was going to buy anyways. I also picked up a Flip HD, for $50 plus $5.40 in bids and $5 S&H and cost savings of $140 over the closest price. Now, I did get greedy with a XBOX Elite System, and I probably closed the gap on the cost of the flip a little more. But I also learned a valuable lesson

I am not going to tell you blatantly how to bid, but if you watch enough auctions and keep mental track of the going rate of the goods, you can get into an auction at its waning moments without spending an arm and a leg.

I am a little bit suspicious on the big ticket items. I think if no one bids on an item it goes for real low-to an employee or subsidiary. Additionally, I think the company has employees monitoring the auctions driving the prices up when people start bidding. For instance last night while bidding on the Elite 360, there was a user putting $.05 bids on almost every matching bid. I googled the user name and discovered the guy had an Ebay site on which he sold some of his recent winnings. But this guy was driving up the price every 5 people that bid, at one point he matched every bid for 20 minutes straight. He probably dropped $200 easily into the unit if not more. Then when the unit hit $75 he stopped cold Turkey. At that point there was more than $900 invested in bids on the XBOX. A macbook that sold for 460, had more than $9000 invested in it. So I guess they can afford to let a few slide out the door at $10-15.

All in all, I would advise that you  do your research before entering an auction and make sure you set a limit on bids. Research the previous selling point of an item and wait for the amount of bidders to drop down to 5 or so. Some auctions just aren't worth participating in and the rapid fire bidding will make life hell.

In response to the report someone posted about Qbids being a Ripoff...I must disagree.  Over the past 2-months I have been on "several" different penny auction sites and Qbids is, in my opinion the best..  I have won several items and all items have shipped in perfect condition.  Furthuremore, when asking q question about product, after repeating myself again,I was given a clear logical response.

As far as the bidding...Yes, auctions can go for a long time. People have differnet stratgies to win.  Obviously, your does not work. I would NEVER say that you pay far too much for a little....On the contrary, I have won many items all at a fantstic price and I recieved all that I won within (1) week....

QBIDS.COM is the BEST PENNY AUCTION SITE BY FAR!!!

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CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

  I have been a member of quibids.com for a while and think they are okay. I have won a few things for less then the listed price.

  The only problem I have is the Reserved auctions. I noticed while online that the auctions and past auction history were different when I was logged on. 88% of the auctions were missing and a least that in past bidding history were missing.

  There is however no tell of this what so ever in there information and help sections. I get that limiting people to certain areas can increase the chance of winning. However it also gives you less feed back for research, less selection to bid on and you are in no way informed about this.

   I feel as though I wasn't supposed to notice, and that makes me feel ripped off. I know that Quibids is legit but I am not sure if I agree with all of their policies.