How does QuiBids work?

Have you checked out the QuiBids YouTube page?

We’ve got a few different playlists organizing user-made videos into categories like Unboxing, Tips and Strategy, and QuiBids Testimonials. All great resources for the young bidder!

We’re also currently running a video contest through May 9 where you could win a new-model iPad (not that you’d be interested in that…) just for shooting a video of yourself unboxing your big QuiBids win and posting it to YouTube!

But we understand that not everybody wants to sit and passively accept information being thrown out at them. It’s often much better to lean forward and proactively engage content by reading, so we’ve transcribed the copy from our very first how-to video into the blog post below, and improved it a bit by hyperlinking you to other appropriate resources and updating old information (which we’ve indicated in bold). Happy bidding!

Welcome to QuiBids! Shopping redefined!
QuiBids is where you can get amazing deals on brand-new items, such as laptops, HD TVs, cameras and more! QuiBids isn’t your typical auction site, so let’s take a look at how it works.

You’ll start out by purchasing your bids. All of our bids are sold in bundles called Bid Packs. The first Bid Pack costs $60 and comes with 100 bids.

Now that you’ve purchased bids, let’s take a look at one of our typical auctions. Here we have an auction for a Nintendo Wii. A QuiBids auction starts just like any other auction. The clock starts ticking down and the price starts at zero. Each time a bid is placed, the auction price will go up in increments of one, five, ten, 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 one-cent increments.

Once you’ve placed a bid, you’re in the lead! Until someone places a bid after you, or until the clock runs out. Now here’s the catch: when the clock reaches the final seconds of an auction, each time a user places a bid, time will be added to the clock in increments of ten, fifteen, or 20 seconds. This gives all the other users an opportunity to top your bid. Much like the “Going once, twice, sold!” of traditional auctions. When the clock reaches zero, the auction is over and the last person to bid wins. Congratulations, you won!

Want to know how much you saved? Just look below, and you’ll see exactly how much you saved off retail price. Most of our winners save an amazing 80% off the retail value!

Once you’ve won your auction, just follow the simple checkout process, by giving us your shipping info and paying the winning bid amount. The item will be processed and shipped within a couple of days.

But wait! Let’s say you didn’t win the Wii auction, but you really wanted it. You might want to use our Buy Now feature.

This is how our Buy Now works: let’s say you spent 200 bids worth $120 trying to win, but you came up short and the Wii went to someone else. Simply go to the bottom of the screen and click Buy Now. When you use the Buy Now feature, we subtract the value of the bids you placed from the value price of the item, leaving only the difference to pay. In this particular case, for an additional $80, you can purchase the Wii.

Let’s do a quick recap.

First, purchase a Bid Pack. Second, find an auction you want to participate in. Bid for the chance to win factory-sealed products! If you win, way to go! But if you don’t, use our risk-free Buy Now auction, so you don’t lose the value of the bids you placed. Lastly, simply follow our checkout process to finish the purchase.

Remember, if you ever have questions, visit our Help section or email us at support@quibids.com. That’s all you need to know! Now go get yourself a win, and thanks for bidding on QuiBids!