Over the years, there have been many skeptics of the penny auction industry and those who even claim that QuiBids is a scam. In the past, there were some unscrupulous penny auction sites that entered the mix and muddied the water for those legitimate sites. This essentially created an uphill battle for auction sites of the like and since that time, QuiBids repositioned itself as an entertainment retail auction site. There are many factors and features that separate QuiBids from its competitors. Many of which can be explained by the sheer entertainment QuiBids has built into its model, not to mention its achievements in being the model leader in its industry.
Even though QuiBids continues to strive for excellence by its leading model behavior, addressing complaints and issues via rant sites, etc. there always seems to be another review site that needs attention and the record set straight for QuiBids. A more recent review site, known as Web of Trust (MyWOT), is one that takes collective ratings/reviews of sites around the world from users who have downloaded their add-on. It’s a rather nifty tool and very well implemented. However, QuiBids current rating on MyWOT is poor and there really shouldn’t be any reason for it. QuiBids takes all consumers’ negative reviews very seriously and will always do its best to resolve them.
This month, the niche penny auction industry blog, PennyBurners, is conducting a contest in that entries to the contest are obtained by downloading the WOT add-in and giving reviews (hopefully positive) to those legitimate auction sites. It’s a very smart and a great way to set the record straight for this industry. Penny auctions and entertainment retail auctions of the like are not scams and should be fun for all! PennyBurners does a great job in showing you how easy it is to enter their contest and leave reviews.
If you enjoy QuiBids and are interested in leaving your review on MyWOT, please do so. You may also want to leave a review for PennyBurners as well. They’re an awesome advocate for the industry and strive to be one of the best resources out there for it.
There should never be a question as to whether QuiBids is a scam or not. Should you have questions, be sure to review their BBB rating, their internal controls audit, get ahold of their customer support, check up with watchdog sites like PennyBurners and just do some research. You’ll quickly find that QuiBids is not a scam and in the end, you may even want to tryout QuiBids for yourself.
It’s no secret that QuiBids strives to be the best in their industry. Besides being the model leader, in the past year, we’ve seen them accomplish many achievements and recognitions while only being in its third year of operation. Most of these achievements and recognitions can be seen via their media page.
Many of the awards are from the Interactive Media Awards, an organization that recognizes the highest standards of excellence in website design/development and honors individuals/organizations for their outstanding achievement. QuiBids has specially been recognized in the categories of Entertainment, Auction and eCommerce.
As we know from their media announcement, QuiBids has now been recognized as one of the Best Places to Work in Oklahoma for the second year in a row. In 2011, they ranked 4th in the small/medium companies. The 2012 awards banquet is June 28th where they’ll see what place they rank this year in the same category of small/medium companies. For more information on this award, see the full press release here.
The American Business Awards is an organization responsible for giving out the annual Stevie Awards – created to honor and generate public recognition of the achievements and positive contributions of companies around the world. In 2011, QuiBids was a finalist in the category of New Company of the Year. QuiBids had some stiff competition however, just being a finalist was a great achievement in itself! In 2012, QuiBids is once again a finalist, but in the category for Fastest Growing Tech Company up to 2,500 employees. The awards banquet for the 2012 Stevie Awards is set in September. Fingers crossed…
Multiple organizations know QuiBids and what they stand for. This most certainly assures that QuiBids is not a scam. A few of the other awards and recognitions include: Innovator of the Year, presented by the Journal Record and finalist into the Web Marketing Association as well as Red Herring. As QuiBids continues to grow and expand into other markets, just what will their next award/recognition be?
QuiBids continues to increase the entertainment value on its site by adding new site features and products. On the gamification side of things, QuiBids recently launched another couple of badges – its latest, The Gamer Badge and The Globetrotter Badge.
The Gamer Badge
As the name implies, you may be interested in this badge if you like to play games, QuiBids style. Earn three free bids after you play your first QuiBids Game. Needless to say that with this badge, it’s just simply giving you more free bids to further you along your QuiBids entertainment journey! What can be better than that?!
This badge is for those who win one of QuiBids multiple market auctions. Scale the United States, Canada or Australia – you can blaze the world without leaving the comforts of your own computer screen. It can’t get much better than that! Should you win just one of these multiple market auctions, you’ll earn three free bids!
If you’ve never been to QuiBids, now’s the time to do so. With so many opportunities to win free bids, you can really build your strategy up and give yourself a great opportunity for a sweet deal! So what are you waiting for? Try QuiBids today!
Which badge will you get? Tell us what you think. Or better yet, what are your ideas for the next QuiBids badge?
As we know, Livestream is a market leader for live event coverage. To date, QuiBids has not had very many live coverage events. However, knowing the industry giant, there’s sure to be some live event coverage and additional videos to come out soon! In fact, rumor has it, an event may be coming up the end of July…
As of today, QuiBids has only live hosted its International Launch event back in July of 2011. PennyBurners was in attendance and conducted a live interview with QuiBids CEO, Matt Beckham. It was a great interview for the industry and the plans QuiBids has in the near future. As far as the international launch event goes – great success, not to mention some celebratory dancing at the end … very entertaining.
Anyway, their current livestream features a loop of their QuiBids commercial and the pre-launch event teaser videos. So in the event you missed the teaser videos, you’re still able to view them here. Although this was the only live event to date, it’s assured QuiBids will be conducting additional live coverage. There’s the rumored event end of July, but what else?
What do you think? Would you like to see more live coverage events from QuiBids? What kinds of live events would you like to see – interviews, actual events, charitable activities, executive Q&A? Let us know.
Crunchbase is known for a large database of tech companies, people and even investors that anyone can edit. It’s another directory started by TechCrunch, a leading tech media outlet. Today, let’s look at QuiBids online profile in Crunchbase.
QuiBids fits quite perfectly in this directory since it has fast become the world’s leading online entertainment retail auction site. It started with the original five executives and has now blossomed to over 150 employees and operating in four countries. Taking note that Crunchbase profiles can be edited, QuiBids’ will certainly be updated soon to reflect the most current QuiBids reviews and features. Its mission is the same, “to redefine shopping by providing the best deals possible for its customers with a unique, fun and exciting online shopping experience,” but today, its product offers so much more than what it did in the beginning!
Gamification is the latest component QuiBids interjects in its auctions. Gamification in the form of Badges or Achievements, interactive maps, Games and so much more will shape where QuiBids is going in regards to the ‘entertainment shopping’ industry. Be sure to check the QuiBids Crunchbase periodically.
Taking a look at the competitors listed, Swoopo and Big Deal in particular have both exited the industry, leaving the few already listed. There are other similar operating auction sites in the space, but QuiBids still maintains around 80% of the market share.
Next up, the QuiBids’ Livestream profile. What will their plans be for this social outlet in the near future?
QuiBids has always strived to be as competitive as possible with its products and bidding structure. Even so, over time, there were customers who complained about the transaction fee that was charged on bid vouchers; probably for good reason, because who would want to pay an extra buck or two for an intangible item? Because of this, some consumers would claim “QuiBids is a scam,” but that’s far from the truth. It’s assured that QuiBids is not a scam. Sites built around gamification thrive on intangible goods all the time, but that’s a totally different topic and one for another post.
Back to the transaction fees on bid vouchers… One thing to keep in mind is that there’s always the other side to the story as to why that transaction fee was implemented in the first place. QuiBids initially had to charge the fee because they couldn’t process a transaction of less than $.50.
In continued efforts to better their product and customer experience, they have eliminated the transaction fee on bid vouchers! Even though this doesn’t seem like a monumental update, it’s a big step for QuiBids to ensure their customers satisfaction. After all, they are the leader in their industry!
What does this actually mean for QuiBids’ customers? There is now the possibility for a customer to win a limit buster or bid voucher for a final close price of less than $0.50. When this happens, the customer will see a popup when they go to complete their order. They will owe nothing and the bids or limit buster order can be completed with no additional financial transaction.
As it’s always said, Happy Bidding!
As the world’s leading entertainment retail auction site and the success of their members through stories featured in the QuiBidder of the Week one can only imagine that QuiBids’ Live Auctions are in high demand.
Although bidding on live auctions can be fun and interactive sometimes people just desire the Buy Now. QuiBids’ Buy Now feature allows members to purchase an auction item minus the cost of bids they initially put into that auction if they chose not to pursue bidding on the item. This feature assures no ever has to walk away empty-handed! Or should the auction go longer than what customers want to spend time on they can utilize that feature to get the item at a competitive retail value. That’s always been one particular feature that separated QuiBids from its competitors. Well, QuiBids has out done themselves for those impatient members and has introduced the QuiBids Buy Now Deals, also known as QuiBids Deals. This new feature debuted April 26, 2012 where QuiBids offered members the Garmin nuvi GOS system discounted at 67%!
QuiBids Deals is a weekly program offering QuiBids’ customers the opportunity to skip auctions and buy the brand-new items at discounts as low as 75% off retail value. What makes the Deals feature different from the Buy Now feature? With Deals, members do not have to start bidding at all and Deal items will be featured, weekly instead of on each individual auction.
This new feature also serves as a rewards program for their members. Only registered users are allowed to participate and take advantage of the savings so join now on QuiBids!!
Multiple market auction formats have been implemented on QuiBids since April 24, 2012. This is a new feature in its auctions allowing those interested, to participate in auctions with individuals from other markets. When a customer enters the auction page for a particular item, they are able to see if that auction is across multiple markets by looking at the auction ID bar and seeing if it is marked with those market icons:
Can you imagine QLive now?! The entertainment’s just getting better!
Now, the option is left up to the customer as no one has to participate in these multiple market auctions. Multiple market auctions came about as a way to offer more auctions and more product variety across all markets. Since QuiBids launched back in October of 2009, and upon it going international back in July of 2011, each market had its own pool of auctions. With this said, some of QuiBids vendors don’t distribute worldwide, therefore the products offered in multiple market auctions may not be the exact same. We will offer similar but distinct prizes in different countries (e.g. a $10 Target gift card in the US may read as a $9.65 Amazon gift card in Australia).
In working with its product suppliers, the ability to share auctions across all markets, essentially enables QuiBids to allow just that, more product variety. And to reassure those bidding buffs, due to the increase in the number of auctions, competition should not increase but rather remain the same.
What are your thoughts on auctions in multiple markets? Give your feedback below.
Since the launch of QuiBids Achievements, also known as Badges, the site continues to develop and deploy new badges. It’s yet another way QuiBids implements gamification and entertainment into its service. The QuiBids Crunchbase profile provides another avenue for an overview of what QuiBids offers.
Back to badges, some of the more recent badges include: 250th Bid Badge and the 750th Bid Badge.
250th Bid Badge:
This badge launched around mid April. If you place up to 250 bids on QuiBids, you’ll earn this highly sought-after badge!
Be sure to check out all the information on the 250th Bid Badge.
750th Bid Badge:
This was released on April 30th. Should you place up to 750 bid on QuiBids, you’ll earn this coveted gem.
Be sure to check out all information on the 750th Bid Badge.
QuiBids offers these Bid Badges in increments of 100, 250, 500, 750, and 1000. Each one gives a certain number of free bids, therefore, more opportunities to bid on great products and experience the fun at QuiBids! These badges are coded retroactively in the sense that if a user places a bid and they have already gone over the bid threshold, they will be awarded the badge. Now that’s a pretty sweet deal in itself!
QuiBids is fun and exciting and appreciates its customers. Badges is just one way to offer rewards to its customers for their support and hopefully, adds another fun element to participating on the site.
Keep up with QuiBids via their Facebook, Twitter, Google+ and other social profiles.