Beezid strategy to win is slightly different from Quibids strategy because of the inherent differences between the two. My Quibids strategies can be found on the right hand side of the page. This post deals with Beezid strategy.
Beezid is another famous penny auction like Quibids. I know Quibids is getting overcrowded and therefore people are looking for alternatives to Quibids. Beezid is famous because of its aggressive marketing campaign, but there are many areas in which it falls short. Read my complete analysis of Quibids vs Beezid
Now, as mentioned earlier, Beezid strategy can be quite different from Quibids strategy. Here is how.
At Quibids, you can use aggressive bidding and it greatly helps you win items because there is a Buy It Now option so you know you don't really lose a lot of money even if you lose the auction. This is well explained in my Quibids Strategy Volunteer's Dilemma post. On the contrary, there is no such option at Beezid. Therefore I would not suggest this bidding strategy at Beezid.
So what is the best Beezid strategy? I would say use the Waiting Game strategy for most cases. This will minimize your losses and give you a good chance at winning. However, it is of utmost importance that you do not quit - keep bidding till you are the winner. This is the only real way to win. In all other cases, you simply lose the money.
Also, at Beezid there is no real difference between the real bids and voucher bids. Therefore you should try and win as many Beezid voucher bid packs as possible. You can read about Strategies to Win Voucher bids.
Remember that at Beezid you get 10 free bids when you register (you don't need any Beezid coupon code). You should use these bids wisely. They are valid on all beginner auctions. These auctions are easier to win and it would be great if you can win something big using just the free bids. Since beginners may not really know a lot about Beezid strategies, you have a good chance of winning. So make sure you know all the proper Beezid strategies before you start bidding.
Saturday, January 22, 2011
Thursday, January 20, 2011
Alternatives to Quibids: OMGiWON
There are several alternatives to Quibids that you might be interested in. The auction model of Quibids is a bidding fee model, which is called as a penny auction. If you do not know what this means, read my post on How Does Quibids Work.
So why should you be interested in alternatives to Quibids? After all, Quibids has, for a long time, been one of the best penny auction sites on the internet and its success is inspiring with over a million auctions. The reason is, as many people have noticed, Quibids is getting increasingly crowded and thus more and more competitive. This reduces your chances of winning, and even if you win, you might need to spend a lot of bids and thus money on winning the item.
To my readers, I recommend a new website OMGiWON. This is still new and has many promising features for the future. Being new, I can immediately see the lower competition. You can simply use Quibids Strategy Waiting Game or Quibids Strategy Volunteer's Dilemma to win on OMGiWON.
While choosing alternatives to Quibids, it is important that you look for legit penny auction sites. This is important because a few new sites are just a scam. This is why I recommend this particular site. You also get 7 free bids on registering. In addition, the site has a special bonus of 5 bids by using the coupon code - wow. This can be redeemed from the My Account tab of the site.
With 12 free bids, you can win something good already from the site. I have seen gift cards going for a few cents, which translates to just a few bids. This is not surprising since the site is quite new.
Here is a small case study: Both these auctions are from yesterday, January 20th 2011. Both the products are similar - Bose Headphones/Earphones of similar pricing. The two auctions, one at Quibids and one at OMGiWON are shown below:
As can be seen, the difference is significant - OMG is cheaper by more than 10 times. This becomes significant considering how much money you have to spend if you win/lose this auction.
I would be happy if you can share your own success stories on this site here.
So why should you be interested in alternatives to Quibids? After all, Quibids has, for a long time, been one of the best penny auction sites on the internet and its success is inspiring with over a million auctions. The reason is, as many people have noticed, Quibids is getting increasingly crowded and thus more and more competitive. This reduces your chances of winning, and even if you win, you might need to spend a lot of bids and thus money on winning the item.
To my readers, I recommend a new website OMGiWON. This is still new and has many promising features for the future. Being new, I can immediately see the lower competition. You can simply use Quibids Strategy Waiting Game or Quibids Strategy Volunteer's Dilemma to win on OMGiWON.
While choosing alternatives to Quibids, it is important that you look for legit penny auction sites. This is important because a few new sites are just a scam. This is why I recommend this particular site. You also get 7 free bids on registering. In addition, the site has a special bonus of 5 bids by using the coupon code - wow. This can be redeemed from the My Account tab of the site.
With 12 free bids, you can win something good already from the site. I have seen gift cards going for a few cents, which translates to just a few bids. This is not surprising since the site is quite new.
Here is a small case study: Both these auctions are from yesterday, January 20th 2011. Both the products are similar - Bose Headphones/Earphones of similar pricing. The two auctions, one at Quibids and one at OMGiWON are shown below:
As can be seen, the difference is significant - OMG is cheaper by more than 10 times. This becomes significant considering how much money you have to spend if you win/lose this auction.I would be happy if you can share your own success stories on this site here.
Winning Quibids Bid Vouchers
Winning Quibids bid vouchers is one of the first advices given to beginners. However, this may not be the right way to start off your Quibids journey. Indeed, Quibids bid vouchers may not even be that attractive when you take a comprehensive view.
Should you Win Quibids Bid Vouchers?
Depends. Firstly, bid vouchers are extremely competitive. People tend to think that if they are bidding on a 25 bid voucher, they think they can afford to spend up to 25 bids to win in. Add in dozens of bidders and you get the point.
The real problem is, voucher bids are not equivalent to real bids. Quibids has a wonderful "Buy It Now" feature that you can use to buy the item you bid on at the retail price if you don't win the auction. Voucher bids do not count towards this. Theoretically, you should not lose bidding on Quibids. However, so many people just ignore this that it is just sad.
Winning Quibids Bid vouchers should be a concern only when you do not want to buy the item that you are bidding on. This can happen with some big-ticket items like Macbooks and HD TVs. You can learn about the Quibids strategy of winning big ticket items to win these.
However, for smaller items, I would suggest not trying to win voucher bids. You can always look at Quibids like a nice place for entertainment and possibility to win. If you only bid on those items that you would buy in any case, you really cannot lose. Voucher bids will reduce this possibility because voucher bids don't count towards buying the item at the market price.
If you are still interested to win Quibids voucher bids, you should prefer to bid on the 50 and 100 bid vouchers. These are comparatively less competitive. For beginners, I suggest the 15 bid voucher as well, but the payoff is low in this case. Also remember that you need to pay an additional $2.00 for handling fees, which reduces the effective bids won by about 3. Therefore you are making a profit only when you win the 50 bid item within 47 bids or 15 bid voucher within 12 bids.
Quibids bid vouchers are a double edged sword. On the one hand, they allow you to increase your bids but on the other, they can lead to potential losses. You need to tread carefully.
Are you looking to get some free Quibids bids? Check out how you can win 50 free Quibids bids.
Should you Win Quibids Bid Vouchers?
Depends. Firstly, bid vouchers are extremely competitive. People tend to think that if they are bidding on a 25 bid voucher, they think they can afford to spend up to 25 bids to win in. Add in dozens of bidders and you get the point.
The real problem is, voucher bids are not equivalent to real bids. Quibids has a wonderful "Buy It Now" feature that you can use to buy the item you bid on at the retail price if you don't win the auction. Voucher bids do not count towards this. Theoretically, you should not lose bidding on Quibids. However, so many people just ignore this that it is just sad.
Winning Quibids Bid vouchers should be a concern only when you do not want to buy the item that you are bidding on. This can happen with some big-ticket items like Macbooks and HD TVs. You can learn about the Quibids strategy of winning big ticket items to win these.
However, for smaller items, I would suggest not trying to win voucher bids. You can always look at Quibids like a nice place for entertainment and possibility to win. If you only bid on those items that you would buy in any case, you really cannot lose. Voucher bids will reduce this possibility because voucher bids don't count towards buying the item at the market price.
If you are still interested to win Quibids voucher bids, you should prefer to bid on the 50 and 100 bid vouchers. These are comparatively less competitive. For beginners, I suggest the 15 bid voucher as well, but the payoff is low in this case. Also remember that you need to pay an additional $2.00 for handling fees, which reduces the effective bids won by about 3. Therefore you are making a profit only when you win the 50 bid item within 47 bids or 15 bid voucher within 12 bids.
Quibids bid vouchers are a double edged sword. On the one hand, they allow you to increase your bids but on the other, they can lead to potential losses. You need to tread carefully.
Are you looking to get some free Quibids bids? Check out how you can win 50 free Quibids bids.
Monday, January 17, 2011
How Does Quibids Work
This post is for the beginners who want to know how does Quibids work. For the people who are already members of the site and know your way around, you should look for my Quibids strategy series. For starters, you can look at the Best time to bid on Quibids, Quibids strategy of Waiting Game and Volunteer's Dilemma.
So for the newbies again, how does Quibids work? How are they able to give away Macbooks for a hundred bucks? Is Quibids legit? How can anyone offer 90% off?
So let's get the obvious out of the way - Quibids is legit and it is making loads of profit. It is not a charity that gives away brand new items for a few bucks. So how does Quibids work?
Simple - Quibids uses a Bidding fee auction model (link to Wikipedia page) which is usually called the penny auction on the internet.
There are 3 fundamental differences between penny auctions and ordinary auctions. If you understand these, you will know exactly how Quibids works and how they can offer up to 90% discounts and still turn a sizable profit.
Pay Per Bid: Bidding is NOT Free
This is the most fundamental difference between a penny auction like Quibids and a traditional auction site like eBay. Quibids makes it profit from the bids. Whenever anyone places a bid, she is charged $0.60 irrespective of whether it is a winning bid. As you can imagine, this adds up quick.
For example, a typical Macbook auction can attract more than 10,000 bids. This is a very conservative estimate. This translates to $6,000, which is a healthy profit margin for a Macbook selling at $100.
Do you see the point? Quibids doesn't make money from the price of the item they are selling. They can afford to give away the products for free! Their income stream is from the bids.
Simply put, Quibids is a win-lose type of situation. The winner can get a great deal on the purchase but everyone else loses. Contrast this with a traditional auction scenario which is a win-break even situation: If you win, you get a good deal and if you lose, you actually lose nothing. In Quibids, if you lose the auction, you will lose money.
Timer Increments
This can be a confusing aspect to beginners who ask how Quibids work because they do not understand how the timer is increment. In spite of what Quibids claims, the simple reason for this is they want to make more money.
A fixed timer can give rise to the auction strategy of sniping. Everyone will bid at the last moment. This will significantly reduce the total number of bids placed and as stated in the previous point, Quibids makes money off the number of bids placed.
So Quibids simply increments the timer by 10/15/20 seconds each and every time a bid is placed. This is also a reason why you will never know when an auction will end. It will always be 2 seconds away when someone bids and the timer increments. I have seen auctions go up to 12 hours for the big-ticket Quibids items.
Bid Value Incremental
In a traditional auction, you can bid any amount. However, at Quibids, you can only bid so that the price increments by 1 cent (sometimes 2/5/10 cents). Why is that?
As previously stated, the source of revenue for Quibids is not through the selling price of the item but through the bids placed. From their standpoint, they make a maximum profit only when the number of bids placed are high. So their aim as a business is to see to it that people bid a lot on a product.
The simplest way to accomplish this is by lowering a price. When someone sees a Quibids macbook selling for a couple of bucks, he is more tempted to bid than when the same product is bidding at a thousand dollars. Thus to maximize the number of bids placed, Quibids will not allow you to bid any amount but only an amount that increments the cost up 1 cent.
So now you know how Quibids works, you can start off your Quibids journey! Don't forget about Free Quibids Bids that you get on signing up. Also, before you start bidding, go through all the Quibids Strategies tutorial that you will find on this blog. This will greatly improve your chances of success and you can make some really good profits. Good luck!
So for the newbies again, how does Quibids work? How are they able to give away Macbooks for a hundred bucks? Is Quibids legit? How can anyone offer 90% off?
So let's get the obvious out of the way - Quibids is legit and it is making loads of profit. It is not a charity that gives away brand new items for a few bucks. So how does Quibids work?
Simple - Quibids uses a Bidding fee auction model (link to Wikipedia page) which is usually called the penny auction on the internet.There are 3 fundamental differences between penny auctions and ordinary auctions. If you understand these, you will know exactly how Quibids works and how they can offer up to 90% discounts and still turn a sizable profit.
Pay Per Bid: Bidding is NOT Free
This is the most fundamental difference between a penny auction like Quibids and a traditional auction site like eBay. Quibids makes it profit from the bids. Whenever anyone places a bid, she is charged $0.60 irrespective of whether it is a winning bid. As you can imagine, this adds up quick.
For example, a typical Macbook auction can attract more than 10,000 bids. This is a very conservative estimate. This translates to $6,000, which is a healthy profit margin for a Macbook selling at $100.
Do you see the point? Quibids doesn't make money from the price of the item they are selling. They can afford to give away the products for free! Their income stream is from the bids.
Simply put, Quibids is a win-lose type of situation. The winner can get a great deal on the purchase but everyone else loses. Contrast this with a traditional auction scenario which is a win-break even situation: If you win, you get a good deal and if you lose, you actually lose nothing. In Quibids, if you lose the auction, you will lose money.
Timer Increments
This can be a confusing aspect to beginners who ask how Quibids work because they do not understand how the timer is increment. In spite of what Quibids claims, the simple reason for this is they want to make more money.
A fixed timer can give rise to the auction strategy of sniping. Everyone will bid at the last moment. This will significantly reduce the total number of bids placed and as stated in the previous point, Quibids makes money off the number of bids placed.
So Quibids simply increments the timer by 10/15/20 seconds each and every time a bid is placed. This is also a reason why you will never know when an auction will end. It will always be 2 seconds away when someone bids and the timer increments. I have seen auctions go up to 12 hours for the big-ticket Quibids items.
Bid Value Incremental
In a traditional auction, you can bid any amount. However, at Quibids, you can only bid so that the price increments by 1 cent (sometimes 2/5/10 cents). Why is that?
As previously stated, the source of revenue for Quibids is not through the selling price of the item but through the bids placed. From their standpoint, they make a maximum profit only when the number of bids placed are high. So their aim as a business is to see to it that people bid a lot on a product.
The simplest way to accomplish this is by lowering a price. When someone sees a Quibids macbook selling for a couple of bucks, he is more tempted to bid than when the same product is bidding at a thousand dollars. Thus to maximize the number of bids placed, Quibids will not allow you to bid any amount but only an amount that increments the cost up 1 cent.
So now you know how Quibids works, you can start off your Quibids journey! Don't forget about Free Quibids Bids that you get on signing up. Also, before you start bidding, go through all the Quibids Strategies tutorial that you will find on this blog. This will greatly improve your chances of success and you can make some really good profits. Good luck!
Friday, January 14, 2011
How Does Beezid Work
A lot of people ask how does Beezid work? I find a number of beginners asking this question because they are unaware of the penny auction model. Among the penny auction sites, Beezid is one of the most aggressive advertisers. This is why a number of people seem to stumble upon Beezid. As with any penny auction, you should never bid before knowing how Beezid works. However, just because you have heard of the name doesn't really make it any better.
Beezid is just like Quibids in that the model of the auction is a penny auction. However, it does have some different rules which may be good or bad for the bidders, depending on a number of factors.
As a quick overview, Beezid and indeed any other penny auction is very different from an ordinary auction. The main difference is that you pay for every bid placed, the bid amount is not determined by you but simply increments by 1 cent and the timer increments every time a bid is placed. This is how Beezid works - mainly on these 3 principles.
So how does Beezid differ from Quibids? Well, for one, they are proud to be called a penny auction, unlike Quibids! More seriously, the bid cost is different that Quibids. Different bid packs cost different. I think the reason is simple - they want people to buy bigger bid packs. This seems tempting but I would resist, especially because Beezid seems to have a far negative reputation in terms of reviews than Quibids.
Beezid also gives some free bids that you can use on registration. This is also given by Quibids but you need a coupon code. If you are looking for Quibids free bids, you should get a coupon code. However, Beezid works differently - everyone is given the free bids, which makes it better (especially to those who don't stumble upon a blog like this to get a ton of free Bids :) )
So to answer how does Beezid work and how does it compare to Quibids, I would suggest reading reviews online. From my experience and research, Quibids fares far better than Beezid in terms of customer satisfaction in general. That being said, I am sure people are realizing how competitive Quibids is getting, which means they are looking for alternatives. Of course Beezid can be as competitive, but people are surely looking for other avenues.
Beezid is just like Quibids in that the model of the auction is a penny auction. However, it does have some different rules which may be good or bad for the bidders, depending on a number of factors.
As a quick overview, Beezid and indeed any other penny auction is very different from an ordinary auction. The main difference is that you pay for every bid placed, the bid amount is not determined by you but simply increments by 1 cent and the timer increments every time a bid is placed. This is how Beezid works - mainly on these 3 principles.
So how does Beezid differ from Quibids? Well, for one, they are proud to be called a penny auction, unlike Quibids! More seriously, the bid cost is different that Quibids. Different bid packs cost different. I think the reason is simple - they want people to buy bigger bid packs. This seems tempting but I would resist, especially because Beezid seems to have a far negative reputation in terms of reviews than Quibids.
Beezid also gives some free bids that you can use on registration. This is also given by Quibids but you need a coupon code. If you are looking for Quibids free bids, you should get a coupon code. However, Beezid works differently - everyone is given the free bids, which makes it better (especially to those who don't stumble upon a blog like this to get a ton of free Bids :) )
So to answer how does Beezid work and how does it compare to Quibids, I would suggest reading reviews online. From my experience and research, Quibids fares far better than Beezid in terms of customer satisfaction in general. That being said, I am sure people are realizing how competitive Quibids is getting, which means they are looking for alternatives. Of course Beezid can be as competitive, but people are surely looking for other avenues.
Wednesday, January 12, 2011
50 Free Quibids Bids!
If you were following this blog, you would know that Quibids was giving away 10 free Quibids bids every day for their Facebook users. Quibids will ask a question every day and the best answer would win 10 free bids.
Well, Quibids changed this policy - now the prize has increased to 50 free Quibids bids!
This is a great promotion strategy. It looks like Quibids is well positioned to take the social networking boat to success. The future of internet marketing is through social media and Facebook is without doubt the best medium for this. I am sure that Quibids will get a number of users who in turn will promote it to their friends. I find the aggressive marketing campaign for Facebook to be timely and appropriate for the company to grow.
Also, I would like to remind you that you get 10 free Quibids bids on just joining, i.e. becoming a fan of the Quibids page.
As of today, there are 34,569 people who have 'liked' the Quibids page on Facebook. It sure does look popular.
My prediction: The page will reach 50,000 fans by the end of April.
This is a cool opportunity to get some free Quibids bids and win big. Don't forget to check out my Quibids strategies to know how to win on this penny auction.
Well, Quibids changed this policy - now the prize has increased to 50 free Quibids bids!
This is a great promotion strategy. It looks like Quibids is well positioned to take the social networking boat to success. The future of internet marketing is through social media and Facebook is without doubt the best medium for this. I am sure that Quibids will get a number of users who in turn will promote it to their friends. I find the aggressive marketing campaign for Facebook to be timely and appropriate for the company to grow.
Also, I would like to remind you that you get 10 free Quibids bids on just joining, i.e. becoming a fan of the Quibids page.
As of today, there are 34,569 people who have 'liked' the Quibids page on Facebook. It sure does look popular.
My prediction: The page will reach 50,000 fans by the end of April.
This is a cool opportunity to get some free Quibids bids and win big. Don't forget to check out my Quibids strategies to know how to win on this penny auction.
Tuesday, January 11, 2011
Quibids Strategy-7: Winning Against Bid-o-Matic
This Quibids strategy helps you to win against those bidders who use bid-o-matic. It is very natural that you might be intimidated by the automatic bidding tool. It gives the whole "not-human but machine" thing to bid-o-matic. However, you do not really need to fear this automatic bidding tool. Follow the Quibids tips given in this post and you should do just fine.
To beat the Quibids bid-o-matic, you just need to understand the limitations of this tool. Here are the main Quibids strategies that you must use to beat this tool -
To beat the Quibids bid-o-matic, you just need to understand the limitations of this tool. Here are the main Quibids strategies that you must use to beat this tool -- Arbitrary Bid Timing: This is an important characteristic of the Bid-o-matic tool. You will never know when the bid is placed - it is always placed before the timer reaches 0. Therefore it it could be when there are 12 seconds left or 1 second left for the auction to end. This means you can simply use my Quibids Strategy Waiting Game for this purpose.
- Limited Bids: Many times, people forget that you can only place a maximum of 25 bids in the Bid-o-matic tool. You should use this to your advantage. Bidders sometimes just forget this limit and leave their computer, only to lose the auction soon. Patience is therefore the key and one of the most important Quibids strategies that you will really find.
- Use the Round-off Psychology: We have a tendency to prefer whole rounded off numbers when it comes to setting the price limits. There is no mathematical advantage here but that's the way humans work. Thus you will see a number of bid-o-matic bids expiring when the price hits $5, $3.5, etc. Be sure that you bid till you reach this "nice" number and chances are you will win soon after, mainly because of the Volunteer's Dilemma but even otherwise.
Saturday, January 8, 2011
Quibids on Facebook
Quibids is on Facebook. This isn't really new but I wanted to let my readers know. You can join the Quibids page.
The good thing is, you can get 10 free Quibids bids by joining the Quibids page. In addition, there is a contest there every day and the winner gets 10 bids. This is a good way to win some free Quibids bids for your bidding. The questions are quite general and really there is no "right" answer.
Facebook is really gaining popularity among small businesses. Quibids sees this as a great opportunity to connect with the bidders. The main Quibids site isn't very good for this interaction.
You can also ask Quibids questions on their Facebook page and they usually answer if they have one. I think it is also a good way to connect with other Quibidders!
So go ahead and join Quibids on Facebook to get your free Quibids bids
The good thing is, you can get 10 free Quibids bids by joining the Quibids page. In addition, there is a contest there every day and the winner gets 10 bids. This is a good way to win some free Quibids bids for your bidding. The questions are quite general and really there is no "right" answer.
Facebook is really gaining popularity among small businesses. Quibids sees this as a great opportunity to connect with the bidders. The main Quibids site isn't very good for this interaction.
You can also ask Quibids questions on their Facebook page and they usually answer if they have one. I think it is also a good way to connect with other Quibidders!
So go ahead and join Quibids on Facebook to get your free Quibids bids
Thursday, January 6, 2011
Featured Auction of the Week: Complete 3D Projector Package
I had discussed the last featured auction of the week from Quibids here. My readers will know that I mentioned this in that blog post:
"One good thing - Quibids is not holding this featured auction on a weekday. This is good for bidders because weekdays can be really busy at Quibids with lots of bidders and thus a reduced possibility of winning. Instead, they are putting up the Quibids featured auction on Thursdays."
Looks like Quibids changed the rules of the game already! The new featured auction of the week is going to be held on a Saturday. I think this only reinforces how important the right bidding time is. If you haven't already, read my post on Best Time to Bid on Quibids.
A Thursday would have been very good for bidders. Saturday is good for Quibids. I would certainly have liked to see the auction continue on a Thursday to give bidders a better chance. Oh well.
So this week you can win a Complete 3D Projector Package. The countdown has already started but there is absolutely no point bidding right now, so don't start already! Wait till the last moment and then place your bids. Don't waste your bids as of now.
"One good thing - Quibids is not holding this featured auction on a weekday. This is good for bidders because weekdays can be really busy at Quibids with lots of bidders and thus a reduced possibility of winning. Instead, they are putting up the Quibids featured auction on Thursdays."
Looks like Quibids changed the rules of the game already! The new featured auction of the week is going to be held on a Saturday. I think this only reinforces how important the right bidding time is. If you haven't already, read my post on Best Time to Bid on Quibids.
A Thursday would have been very good for bidders. Saturday is good for Quibids. I would certainly have liked to see the auction continue on a Thursday to give bidders a better chance. Oh well.
So this week you can win a Complete 3D Projector Package. The countdown has already started but there is absolutely no point bidding right now, so don't start already! Wait till the last moment and then place your bids. Don't waste your bids as of now.
Wednesday, January 5, 2011
Quibids vs Beezid
Quibids vs Beezid is a good question that people seem to ask when faced with the prospect of choosing a penny auction site for their needs. There are many similarities and differences between Quibids and Beezid. You need to understand both these penny auctions to know which one seems good for you.
I would like to mention here to Quibids doesn't identify itself as a penny auction. However, it is the same business model and certainly falls within this category. Beezid is quite open about being a penny auction site.
So getting back to Quibids vs Beezid, how do you decide which one to join. And how about both of them? Well, here are some details you might want to know.
Quibids vs Beezid: Quibids Wins
The post discussed about Quibids vs Beezid and which one is better. It is hard to say as peopel are happy and disappointed with both these sites. Personally, I would say Quibids is better than Beezid, but of course you might disagree.
I would like to mention here to Quibids doesn't identify itself as a penny auction. However, it is the same business model and certainly falls within this category. Beezid is quite open about being a penny auction site.
So getting back to Quibids vs Beezid, how do you decide which one to join. And how about both of them? Well, here are some details you might want to know.Quibids vs Beezid: Quibids Wins
- Buy It Now Feature: This is the single most important factor in favor of Quibids. With the Buy it Now feature of Quibids, you can greatly reduce your losses in a penny auction. This is why this feature is a cornerstone of a number of different Quibids strategies. For example, I have discussed the Quibids strategy using Volunteer's Dilemma. This is wonderful and is applicable to any penny auction strategy, including Beezid. However, it works best with Quibids because of the Buy it Now feature.
- Auction Diversity: Beezid does have some good variety of products on its auction site. However, in terms of number and diversity of the products, Quibids wins hands down. Quibids has at least 2-3 times more auction a day than Beezid (I am sure it is much more), so in this round of Quibids vs Beezid, Quibids is the winner!
- Bid Pricing: This is a double edged sword. Quibids has a uniform bid pricing throughout which I personally like. However, some others might prefer cheaper bids if you are buying more number of bids. This is frankly a hard one to judge.
- Customer Service: Quibids seems to be more involved with the customers than Beezid, so I would say in terms of customer service, Quibids vs Beezid is certainly won by Quibids. I know there are quite a few people unhappy with Quibids but you will be surprised to know how many are unhappy with Beezid.
- Free Bids: Quibids does give away some free bids but they are rare. Beezid gives away 10 free bids when you join. These can be used on the special 'Cherry Auctions' on the site. This is quite similar to Quibids beginner auctions, but I think not everyone at Quibids is given the free bids whereas everyone at Beezid gets free bids when they join. I would say Beezid wins here.
- Limits: In this aspect, Quibids vs Beezid might be hard to compare because Quibids has a Buy it Now feature which prevents them from limiting the final cost of auctions. Beezid does have some limits on auctions, so they don't go on forever.
- Cheaper Bulk Bids: As I said, this is a double-edged sword. If you are serious about winning high-end items, this is a good thing. However, if you just want to try out the site first, you end up paying more than you should. Still, it is good for some, so I'll give this round of Quibids vs Beezid to Beezid.
The post discussed about Quibids vs Beezid and which one is better. It is hard to say as peopel are happy and disappointed with both these sites. Personally, I would say Quibids is better than Beezid, but of course you might disagree.
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