Who is quibids model

The one who placed maximum bids or the one who bids last? The winner of the auction is the user who places the very last bid into the auction before the timer reaches 0.

The 'Buy Now' option allows you to use the monetary value of the real bids you placed into the auction to purchase that item at a discounted price. I am confused about the You Choose It Auctions.

There are multiple items in that auction but if I win that auction I can choose any item for that multiple auction? What if someone is bidding on a different item and they win their auction at a higher bid-is there only one winner although there is many different products? Even though someone may be after a different item, it is still the same exact auction. Therefore, there is only one single winner, not a winner for each individual item.

Why such a job in the price? That total calculation includes the monetary value of bids that the user placed into the auction to win. It displays the total investment, not just the auction ending price. In response to Q 5," Will everyone bidding on the item get a chance to buy now? Everyone who participates in the auction will be allowed the chance to utilize the 'Buy Now' option. Why must i give details of my Bank Account?

If you do accept Paypal, why is it not included in the registration process as an option? We ask for your credit or debit card information to pay for your first package of bids. You will be able to use PayPal as your payment method for future purchases though! I was watching an auction I wanted to participate in but waiting for the right time to bid when the auction became locked.

Locked auctions are a new feature on all QuiBids auctions that allows bidders to win more easily by limiting the competition in each auction. I am considering joining Quibids but have one question. If I were to want to place a bid on an item where does it show the bidding time available. A maximum of 20 seconds is added to the timer every time someone bids. This gives enough time for someone else to make the decision to bid if they're interested.

As long as customers chose to participate, the auction will continue. Going twice If you use a real bid in an auction and don't win the auction, you will be able to apply the value of that bid towards the value price to get a new Buy Now price. Voucher bids are won in auctions, purchased through the Buy Now, or given away for free through a promo. They are not refundable and can not be applied to the value price so they do not count in the Buy Now.

That's not quite right! The bids are pre-paid, so regardless of whether you win or lose the auction, you do not have to pay for the bids after you use them. I sighned up and started out with bids and 3 vouchers are those free or do I have to pay for them. During the registration, if you signed up for our newsletter, you were also credited with 3 voucher bids for free.

When is an auction locks is completely random and based on many different factors of the auction. The bids you used in the auction are pre-paid so if you do not win the auction, you do not have to pay anything else.

The processing time can vary depending on a number of factors. We try to get everything out as quickly as possible, but processing can take anywhere from a few minutes to a few days. On rare occasions, it can even take longer.

If you have an order you are concerned about, contact our Customer Support Team and we will be more than happy to look into it for you! If I win an auction, what do I have to pay next?

Only shipping cost? If you win an auction, first Congratulations! Next, you will need to pay the final auction price plus any shipping or additional fees that may be included.

You can review all the fees that might be included though before you begin bidding. This information will be listed in the Item Description for your review. Yes, you are more than welcome to use either voucher bids or real bids first when you have both in your account.

You can choose which to use first through the QBar at the bottom of your screen in the My Bids area. We are always happy to refund any unused, real bids at your request! My question is if every time a person places a bid it ups the time by 20 seconds, then you cannot win unless no one else bids for that 20 seconds. Is that correct? That is correct. In order to win an auction, you must be the last person who bid before the clock successfully counts down to zero!

Why are there different items to bid on in an auction lot? For example, I was bidding on the "Go-light", when people I was competing with were bidding on a kitchen mixer. Even if I won the "go-Light", I was bidding on the kitchen mixer? Is this the catch? This is a great example of what we call You-Choose it Auctions. This means that you can bid on many different items and once the auction is won, you can select the specific item that you wish to purchase. When watching the items, I noticed one "Locked" What does that mean?

I still see bidding going on? That indicates the auction is locked and only those who were considered active bidders in that auction prior to it locking are able to bid in that auction now. When I bid, can I know whether other bidders are using bid-o-matic or read bids or voucher bids or free bids? Thank you. You will be able to see if users are using the Bid-O-Matic feature or placing single bids by the bidding history section on the left side of the auction page.

Say I am bidding on one item, and since there are multiple items in that auction, what if someone is bidding on a different item and they win their auction before my auction expires? Does it mean they win and I and all the people bidding with me on our item lose although our auction is still going on?

Thanks for your clarification. Even though there are multiple items in the auction, it is still just one auction. That means the bidding will be the same and the auction will end at the same time. Each user will be able to select which item from that auction they are interested in. Is it even possible to win against B-O-Mat??? Is there a way to raise the Ante Yes, it is possible!

They may shut their Bid-O-Matic off, it may run out of bids and not be reset, or the user may decide they have reached their limit. Please note, any transaction or shipping fees which are listed in the Item Description will be added on top of the final auction price.

Yes, QuiBids really works and people do win some really amazing deals every day. Please note, not every one wins every single time, but the users who take their time to learn and understand our auctions are the ones who do the best. I just won't to know when u bid on something. If you do not win the auction, you do not get your bids back. However, you can apply the value of your real bids towards the Buy Now price so you only have to pay the difference.

Am I correct in assuming that I lose All of the money I bid if I do not win or choose not to buy that item? We frequently recommend bidding on the items that you would be willing to pay the full value price. Yes, when you win an auction, regardless of the final auction price, we ask that you claim that item and complete the entire check out process so we can confirm the item you want, the mailing address and the payment information.

If you need help through this process, please contact us and we will be happy to help you! I just joined, I didn't really want to join but I did and got charged so i used all the bids, will I ever be charged on my credit card for any unnecessary reason without buying bids again?

Like not using my account? No, you are only ever charged for the purchases you make. We do not charge any fees for not using your account. If you would like a refund, please contact our customer support team and we will be more than happy to help!

This was already asked in question 38 above but the answer doesn't make sense to me. I'm currently looking at 6 auctions that have exactly the same price, exactly the same bidders, exactly the same bidding pattern and the same auction number. If the auction numbers are the same how do you know what you are bidding on and how are all of these other things matched up exactly? You need to "claim your prize"—which is odd, because it's not a prize, right? A prize is something you get for nothing, not something you purchase.

Anyways, to claim your "prize", you need to pay the amount you actually won the Bid Pack for, which could be anything. Remember, the amount of bids you made have already been deducted from your Bids Account, so you've already spent money to win the auction. So, if took you 20 bids to win a 25 Bid Pack, then it seems like you are up 5 bids.

Quite a deal, huh? And this is just the beginning, which is meant to get you comfortable in the bidding process. I don't know about you, but I'm not comfortable yet. Something to be warned about—if you're one of those many users who did not know they had to claim the "prize", then you might just lose it. You have a week to claim the auction you've won, and if you don't, everything you spent will be forfeited and you're officially screwed.

In the video, they use a Nintendo Wii as an example of an actual not beginner auction. You can see the bid price, the time remaining and the bidding history. For new auctions, the price starts at zero. Each time a user makes a bid, the price for the auction goes up by 1, 2, 5, 10 or 20 cents, which is predetermined by QuiBids.

Each time a user bids on the item, the clock gets reset, with a maximum of 20 seconds, so other users have a chance to bid. Quote from the video: "Each time a bid is placed, the auction price will go up in increments of 1, 5, 10 or 20 cents. This increment is always shown at the top left of the product image. If there isn't one, it will automatically go up in 5-cent increments. Now, as you can see in the video, there's a 2 cent bid appearing in the top left of the product image, which in fact is allowed.

I'd say this immediately shows the unprofessionalism of QuiBids—someone I would not trust my money with. But I may be reading too much into this.

If you're currently the highest bidder, and no one else bids by the time the clock reaches zero, then you've just won the auction. In actuality, if you're committed to winning the auction, but there's also at least two others committed, you've got yourself a pretty good bidding war. This is the only part of the video that seems to be legitimate.

You pay all the above costs with your credit card and fill out your shipping information. Easy enough. If you really wanted to purchase the product, but lost the auction, then you have one chance left—Buy It Now. If you lose, you can opt to buy the product anyway, for the full retail value minus the cost of bids you've already placed. Let's use the video's Wii example again.

It was. Another editing goof? Or a way to make the final purchase price lesser and more enticing? As part of that commitment, the QuiBids section will feature a number of articles that detail how the company works and how that affects our How does QuiBids offer such low prices? How does QuiBids differ from other online auction sites? Last we checked, approximately 15,, auction websites are out there estimated , each trying to offer you the best deal.

So what shoves QuiBids out in front of the rest of the pack? We combine the thrill of competition with the fun of entertainment and shopping, which is why our users keep coming back for more.

We want Bid-O-Matic to work as simply as possible, so that you can utilize it to its full potential, and to your benefit! So what do you do We realize that we sound like a broken record at this point, but we really are always looking to improve your shopping experience at QuiBids! Watching Out for Your Watchlist We auction off a lot of products every day here on QuiBids, so we built the Watchlist as a useful tool to help you keep track of them.