SUCCESSFUL STRATEGIES TO USE ON QUIBIDS.COM Oklahoma City based QuiBids has been a leading penny auction site since 2009. Once the clear industry leader, Quibids is
Once you have signed up for the penny auction giant, Quibids, you have a pocket full of bids, and you are able to start browsing. As you start looking and bidding, you start to think that 100 bids is not going to be enough after a while. While you have a great strategy, you know you are not going to be able to win every single item you bid on. As Christmas creeps closer and closer, it is time to start taking your bidding seriously and to get as many free bids as possible. Here are some great ways to get some free bids.
One of the best ways to save money on anything on the Internet is to look for promo codes. A Quibids Promo Code can be found in many places. You can get one from time to time on their website. You just have to keep a look out for them. You an also type in Quibids Promo Code into any search engine, and you can find codes that are available on several sites. Sometimes these are old codes, but quite often they are not, so give it a try! You can even use a Quibids Promo Code to pay for your initial bid pack.
Play Games On Quibids Website
Quibids has a tab on their website for games that you can play if you are a member. As you play the games, you an occasionally win a few more extra bids. If you get pretty good at these games, you can rack up a substantial number of bids, and this can be a really fun way to do it. They offer several different games for you to play, and they are always adding more, so give this method a shot if you are getting low on bids.
Bid on Free Bids
For any Quibids user, this is pretty obvious. You can spend only a few of the bids you have to win a whole bunch more. Just be really careful, as it is possible that you could spend more bids than you will win, and of course, you take a big risk in not winning any at all. Decide ahead of time how many bids you are willing to shell out to try and win these extra bids, and make sure you do not waver from that decision no matter how tempting it is. You do not want to spend 30 bids to win 40. That is not worth it.
Get the Quibids Newsletter
A way to get 3 free bids is to subscribe to the Quibids Newsletter. With the newsletter, you will get three free bids, as well as updated information as to what will be auctioned coming up, what deals there are, and what great deals were obtained in that past week. You might be able to get a reduced price buy looking for a Quibids Promo Code.
Take The Quibids 101 Quiz
One of the ways Quibids tries to make sure their customers understand how this whole penny auction site thing works is to get people to read their Quibids 101 post. They offer a quiz at the end of this post that you can take, and you can win 3 free bids by doing so. It only takes a few minutes, so it is definitely worth it.
Refer A Friend
Another great way to get a bunch of free bids is to refer a friend. For every friend you get to join, you will receive 25 free bids. That can be significant, especially if you can get three or four people to sign up! When referring people, be sure to have a Quibids Promo ode available, and they might feel more inclined to heck it out and pony up the initial fee. You also want to tell them how great it is by highlighting your own successes. You an make it a sort of part-time job for a little while to convince people to sign up and say they were referred by you, and you can rack up a ton of free bids! It just takes a little salesmanship from you.
Play the Facebook and Twitter Sweepstakes
Everyday on Facebook, the people at Quibids offer a sweepstakes that allows you to enter your name to win 50 free bids. All you have to do is “Like” their page on Facebook, got to the Free Bids App under their cover picture on the Quibids page, and fill in the sweepstakes form. It is short and simple and easy, and available to you every single day. Obviously you are not going to win every day, but even if you only win one, that is 50 free bids that only took a few minutes a day to get.
Quibids also offers a daily sweepstakes on Twitter. Start following @Quibids and every time you see #Free Bids, retweet or comment on the tweet and you will automatically be entered to win the drawing. Just like with the Facebook contest, if you just take a few minutes a day, your chances of winning increases, and you should get the 50 free bids eventually, if not more than once.
Buying Products From The Quibids Store
Everytime you buy something from the Quibids store, you are given free bids. If tere is a product you want to get and you did not win, you can at least gain a few more free bids buy purchasing at the store. There may even be a Quibids Promo Code for items at the store, so you and get the items you were going to buy anyway for less, and you will get free bids.
Of all the ways you can get free bids for Quibids, you should be able to make this quite cost efficient for yourself. It canbe great fun and exciting while also being a good way to get Christmas gifts or items on your list of things you really want for really cheap!
QuiBids is a Penny Auction | What is a Penny Auction You Ask?
Bidding sites have grown exponentially ever since eBay started and grew on the Internet. But like all good things, there must be an end to the status quo, and new folks need to move in. That is just how the market has always worked, and it seems to not be any different this time. While penny auctions are still relatively new, there seems to already be one website that has the business figured out. There are several penny auction sites coming up, but Quibids seems to be the one that is rising to the top, so look for some of their Quibids free bids.
How It Works
The way the penny auctions work is when you register to the site, you have to immediately purchase 100 bids for $60. Now, this is where a lot of people are turned off and get concerned. Don’t be alarmed. This is how penny auctions work. You buy the bids, and then you add your bids to products you want to bid on. Every time you or someone else places a bid, the cost of the product increases by one penny, and the clock resets. The goal is to be the person who set the last bid when time finally runs out. It takes time to figure out a strategy for people to figure out how to bid on these products and to actually get a deal, but in the end, it is possible to get an iPad or iPod for only $15.00.
QuiBids is Not A Scam
Because so many people are new to the process of penny auctions, there are allegations of these sites being a big scam. The truth is, there are elements of strategy as well as an element of luck involved in getting these items for so little money. Naturally, Quibids is sensitive to being called a scam, and they want people to take them and their website seriously. To help bring people into the website to see what they are really doing, Quibids offer multiple ways for you obtain Quibids free bids. The Quibids free bids are used to help people feel better about the money they are spending up front and to enter the site. This is smart, because, with a good strategy, people will be able to go in and buy some products for just pennies on the dollar. Even when you add in the fees for the bids, the amount paid for the items is just a fraction of what would have been paid if bought in the store. It can ultimately be a really good deal.
Before you go into a penny auction site like Quibids, make sure you understand that these auctions are a lot like a cross between strategy and luck. The luck is hard to control, but the strategy part is not, and that is the most important part. The first thing to consider is the best time of day to place your bids. The more people there are placing bids, the harder it is to get the product for a really low price. You want to place bids during the day on Tuesdays through Wednesdays, because those are the times people are least likely to be on the website. Quibids tries to be fair to everyone, so they reduce the number of items available for bidding during these slower times, but it is still a better opportunity for you to place your bids and to even win some Quibids free bids for a lower price. Also, you will want to look at how often to bid, and when to bid once you have chosen an item you want to try and win for yourself. Thinking about your strategy and researching other methods are two ways you can take advantage of Quibids and everything they have to offer. If you want that iPad for $25, go and get it, but just make sure you have a plan on how to do it. You can try to keep track of things that you think are important to gaining an edge, but you’ll find you’ll quickly be overwhelmed with the details. Your best bet is to win on QuiBids more often is to use a QuiBids tracking software like the one offered here on Bid-Ninja. If you just want a little “taste” of what is offered by the Bid-Ninja software suite, check out the free QuiBids statistics offered by us right on our site.
Quibids is a company that wants a piece of the bidding website pie. They are never going to be able to do that if they are dishonest, scamming, or don’t protect their customers. Honesty is evident all over the Quibids website. If you read their blog, you cam learn how their site works, and then you will understand the initial charges, and how all the fees and other charges work. They tell you up front that you are going to be paying for bids, and how many you will be getting as a result of signing up and buying those bids, known as a bid pack. You are not just suckered into the deal if you read what they put right in front of you. Another thing they are very serious about is keeping their customers and their financial information safe. Some of the steps they take to protect people are as follows:
- There are limits to how many wins a person can win per day
- They have thought ahead and figured out the obvious game people will play, and they do not allow multiple accounts from the same person or household, nor is using bots allowed
- There are consequences for breaking those rules. You will not be able to get the product you bid on after 12 wins in 28 days, and there will be no refunds. Make sure you are aware of these rules, though
- Although it is understood that children might get onto your Quibids site and make bids for you, in order to keep it fair for everyone, they do not accept this as a reason to get refunds. You are responsible for your account and for anyone that uses it
- They do not sell your information to third parties. This is big for a lot of people, and they are serious about not selling your information
- They take fraud very seriously. Stolen or fake cards are reported to the proper authorities, and they are willing to prosecute anyone that attempts to use fraud on their sites.
What is QuiBids?
QuiBids penny auction site provides bidders (or players) a chance to win highly-prized consumer items such as iPhones, iPads, jewelry or clothes at a sizable discount off the retail price. Bidding commences in increments of one cent, and each time a bid is placed, it will be deducted from the remaining bids in the participant’s account. After each bid, the timer is reset back to 10 or 20 seconds (depending on the auction). The winner is the last person to have placed a bid when the timer reaches zero and the auction ends.
Since its establishment, Quibids has attracted a number of bidders who have implemented successful strategies and developed into professional QuiBidders – also known as power-bidders. These individuals have mastered the art of the auction bidding, many of which use penny auction software such as Bid Ninja. The Bid Ninja App gives its users vital information such as win-rates and net gains and losses of competing players, which bidder is running out of bids, total bids used and more – all in real time.
Here is a video of the Bid-Ninja software in action:
Quibids Winning Strategies
Penny auction players who participate in auctions must set realistic expectations and develop sound strategies. Adhering to a sensible spending limit will enhance the auction experience and ensure he or she does not incur unnecessary expenditure. There’s a fine line between being an aggressive bidder and a scorched earth strategy.
Bidding by volume can be problematic. This strategy requires very aggressive bidding to “scare off” all others. Firstly, to sustain it requires lots of money. This strategy may instill resentment within the QuiBids’ community and place a target on this player’s back – metaphorically speaking, of course!
Jumping an Auction
Entails locating “hidden” Quibids penny auctions. Often these auctions are for premium items such as iPhones and have less bidders because they occur during rush hour. Sounds funny, but its logical. During rush hour, people are busy travelling in cars, buses, trains, and even airplanes. Astute players take advantage of playing during these “slow” periods where the odds of winning are higher. To learn more about this strategy, check out our blog post how to properly jump an auction on Quibids.
The goal with here is to wait until very late in an auction to begin bidding. The strategy requires some experience playing penny auctions and the ability to recognize when an auction is about to close. Two indicators of an auction’s pending closure are known as Hot Price (HP) and Very Hot Price (VHP). The HP of an auction is the point at which 84.1% of all previous auctions closed for a given item; the VHP occurs at 97.7%. For example, an auction reaching HP suggests the final price is getting closer; whereas one reaching VHP could close within seconds. While the percentages may seem random, these analytics are derived from analyzing years of similar auctions and generally quite accurate. Bid-Ninja’s color-coded bar clearly displays pricing thresholds that makes sniping a Quibids winning strategy.
Bidding by Group
While some players choose to be a Jack of All Trades, others prefer to master 1-2 auction groups. The strategy here is to become an expert on like products, such as gift cards, electronics, or appliances. Alternatively, products can be grouped together by value. In this case, you could focus on high-end or inexpensive items. Regardless which group, the logic here is someone who is thoroughly knowledgeable about a particular category of products will be more successful in the long run.
In summary, Quibids players who take the time to develop and implement good auction strategies are more likely to achieve success.
How to Win on Quibids
Winning in the world’s biggest online retailer and penny auction requires cunning, the tools of the bidding trade and strategy. Every bidder knows that winning the auction means being the highest bidder when the time runs out. Of course, you would also need to know about other aspects about the bidding war such as your competitors. Here is how you can win on Quibids –
This cannot be stressed enough. Unfortunately, it is also often neglected. Penny auctions such as Quibids are addictive and can cause some players to set unrealistic expectations. Therefore, the first tip to win on the penny auction website is to limit your spending to realistic levels. You have to realize that you’re up against serious competition on Quibids…there are people (like the one in the video below) that have spent over $700,000 on QuiBids! Because of this, staying realistic is of the utmost importance.
The Time and Day Matters
You can win big if you keep this fact in mind and capitalize on it when the opportunity arises. For example, you can win if you only bid on the day and time certain Quibids items are put up for auction for the least amount. How will this help you win? There is less competition for items that sell for less than their average price. In other words, you will have better chances of snagging a bigger prize if you be patient.
Bid Late Strategy for High Value Products
If you absolutely have to gun for high value products and can afford to pay more, you can choose to bid at the very last second at the Very Hot Price or Hot Price of the auction. What are they? These are records of statistics that are reported on Quibids Report. These are basically rare price points which mean there might not be many bidders vying for them unless they are in it for the long haul like yourself. Also keep a close eye on other bids and wait it out till other bidders give up. You shouldn’t have a problem with this if you are in it for the long haul. Claim your prize once the field is clear.
Know your Bid Time
You can bid cheaper on certain auctions by selecting the best time to bid. For example, if you bid on a time when they are less competitors bidding for a particular item you have a stronger chance of winning. There are a lot of auctions for people to choose from so you won’t have trouble looking out for auctions with a thinner online crowd.
Use Bid Ninja
This particular software gives Quibids bidders a definite edge. Bid Ninja is designed to provide users a layout of the Quibids playing floor. For example, it provides the number of auctions your competitors have won, the auctions they are currently bidding in, and more. But the best part is that Bid-Ninja also lets you know the best week and hour of the day to play in. Such a tool would give you a plethora of strategies (read opportunities) to win big and then some.
*** Avoid this next temptation like the Plague! ***
Going for the Big Prize
Going for the most popular item on auction immediately is a bad idea, period. This is one of the most common mistakes that beginners make when they use the website for the first time. Needless to say, the results aren’t pretty. Remember, there is a lot of competition for these particular items and most of the competitors are seasoned bidders.
So there you have it. Remember, when it comes to winning big in Quibids, strategy counts. Choose the best online software, remember when to bid, keep track of your competitors, avoid the common pitfalls and you will rake in the winnings in no time.
Various QuiBids Strategies
QuiBids is one of the most popular Penny auction sites where you can have the chance to win big ticket items for a fraction of the price. Bidding on QuiBids is an amazing idea when you’re looking for a bargain price on products. What’s even more interesting is that even if you lose the auction, you can directly buy the product at retail price without incurring a loss.
The same idea has definitely occurred to a lot more people and the QuiBids site continues to get more and more competitive. If you are one of the few that never seem to be able to challenge the pros, then these strategies would be a great place to start until you can find your own lucky formula to win auctions.
This is a tricky one to use. This entails placing a new bid before the clock has run out of time. This move is all a play on the psyche of the bidder. Imagine being in the shoes of the other person.
As soon as you bid on an item, the other person outbids you and this cycle keeps on going over and over again until you have no choice but to give up. Waiting for the clock to run out would show some hesitation on part of the other bidder allowing them to hope that they have a chance to win the bid.
The Other Side of the Coin
There are times when you will come face to face with someone who will be aggressively bidding on the product that you have set your sights on. Have no fear because such bidders can be easily dealt with. At this point, you need to understand from the perspective of the aggressive bidder.
When a bidder gets aggressive, chances are that they are trying to outsmart you because they only have a limited number of bids left in their account. This is because they are trying to outbid every person in the auction and this can take a toll on their bids. At this point just wait and see when the bidder runs out and you can take your prize home.
Know When to Bid
Timing is everything when it comes to bidding. The best time to bid is when it’s time to commute to work. No one has access to a computer and the chances of winning an auction are higher. The prime time when the competition gets heated is after work hours until 10pm. Try to find the sweet spot when there are fewer bidders and more auctions.
Use Bid Ninja
Using a third party software such as Bid Ninja can work wonders for your auctioning capabilities. Bid Ninja is a great tool that allows you to gather information on the auction and the bidders working against you. You will be able to see the average closing price of a product and whether bidders are playing with real money or bids. You will also be able to see the win-loss history of your competitors along with the number of auctions they have taken part in.
Knowing just how exciting and dynamic a penny auction can become, they have introduced the tool as an extension which means that you won’t have to navigate away from the site in order to take a look at the numbers.
A penny auction such as QuiBids can be a great place to find bargains but like every other competition, you need to have a strategy and a working knowledge of your opponent’s strengths and weaknesses. Once you have the information and know how to use it, nothing can stop you from getting the prize.
In this weeks edition of QuiBids “Pro’s to Know” we’re giving you the username of a user you should avoid like the plague because they have placed over $702,000 in bid on QuiBids. In fact, they’re statistics are pretty staggering all around…here is the list of this users stats (username of this user is shared below to our subscribers, free or paid):
Total Bids Placed: 1,171,388
Total Wins: 2,122
Total Auctions Played In: 6,905
Win Percentage Rate: 30.74%
Total Bid Spend: $702,832.80
Wins with a Retail Value Over $200: 877
These statistics are…well…staggering. Unless you’re a truly serious QuiBids professional with a bankroll to match, you need to AVOID players like this. Once a week we’ll be notifying you of all the usernames of users like this. If you’re a paid Bid-Ninja user, you can submit your username to us for consideration in our weekly notification to our thousands of subscribers and website viewers.
The username of the user above, that you should be avoiding, is below (you must be logged in to view it, or you can simply watch the video below):[DAP isLoggedIn=”Y” errMsgTemplate=”SHORT”] The username of the user with the stats above is: mscars
Check out the video that shows you not only this weeks “pro to know” (and avoid) but where to find this information when YOU’RE using Bid-Ninja:
Quibids Locked Auctions: What You Need to Know
With the rollout of Quibids new “locked auctions” the more experienced Quibids players thought winning on Quibids would become more difficult…this couldn’t be further from the truth!
Bid-Ninja rolled out a truckload of new features that actually make winning on Quibids in combination with these new locked auctions even easier than it has ever been before. This video demonstrates just exactly how that’s possible. Now not only will you know when a Quibids auction will lock before it does, but you’ll also be able to see which bidders have and haven’t been locked out of an auction after it locks AND you’ll see which bidders will and won’t be locked out before an auction actually does!
Here is the video (watch in full screen HD to see details):
What You Need to Know
Knowing when a Quibids auction locks before it does means that you don’t need to waste bids trying to prevent yourself from being locked out. You can now just pop into an auction just before it’s going to lock, place a single bid, and then when it locks you won’t be locked out!
For example, let’s say Quibids has two different auction, both offering $50 gift cards. As a Bid-Ninja user, you tell BidBuddy to “prevent lockout.” Both auctions are live: “Auction A” locks with 30 eligible bidders; while “Auction B” locks with 15 eligible bidders. Naturally, you decide to stay with Auction B. However, just to be extra diligent you review the bidder analytics in Bid-Ninja to see which of the two auctions has more power-bidders. Unless there is a big disparity between the players’ experience level in the two auctions, always stick with the auction with less bidders. Fortunately, Bid-Ninja’s player stats are color coded by experience level, allowing you to quickly access the level of competition in each auction.
Check out the detailed screenshots on the following linked post: Quibids/Bid-Ninja locked auction features. Bid-Ninja makes winning on Quibids.com even easier. So go ahead, get your piece of the action and get Bid-Ninja today!
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