Thursday, 5 July 2012

Quibids - The Exciting Way to Win Sweat Deals: Is It for Real?......


I'm John Smith ...I want to utter something about the subject mentioned in the Title..:)
Going Once, Going Twice... SOLD! Those are words you'd probably only hear at a live auction but their theory has been adopted with Quibids. This is a very popular bidding site that allows you to win great deals at very low prices.
How it works
The idea is to purchase bids that cost 60 cents each and use these bids to bid for a particular item. On the website, all the items have a timer attached to them. Each time a person bids, 10-20 seconds is added to the timer. If nobody else bids and the timer reaches zero-you win the item!
The steps can be summarized as follows:
1. You sign up for an account (free membership) and buy bids (60 cents per bid)
2. Find an item or product you fancy
3. Place your bid
4. If you're the last one to bid-you win!
How about if you are really dying to get an item and can't imagine someone else winning the bid on it? Quibids has a great solution for this. Anytime from when you first place your first bid, you have the option of purchasing the item at a discount price. This way, you avoid wasting your bids and always have the chance to buy the item on discount. The overall cost of bids you placed (# of bids x 60 cents) is deducted from the item's value price.
The money making potential
Though the site is purely for bidding on items and members do not have the opportunity to actually present products of their own for bidding unless they become partners, there is a lot of money-making potential.
Quibids has discovered a very effective way to keep making money with their 'buy now' option where members are allowed to purchase the item on discount. But how can you make money?
It is noteworthy that all the items put out for auction are "brand new, brand name and factory-sealed" which means that you could easily resell whatever items you win. Then the only thing you'd have to do is simply get good at bidding and winning.
Is it a scam?
Often, when things seem to be 'too good to be true', they in fact are. Winning brand new items for such a low price or purchasing them on discount on the site may have you asking: "What's the catch?" Scams seem to have no catch and purely for your benefit. Well Quibids is making money-a lot of money with the option they have for members to purchase the product even after auction and this is why they can afford to give those discounts.
As for security of the site, well, the site has a return policy and their payment page is secure and that says a lot.
You may not think of membership with them as a great learning experience but there is clearly a good degree of potential when it comes to adding to your home business income. You could use whatever income you end up getting here to finance your endeavours as an entrepreneur.


Take Care...!!

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