Few things match the thrill of getting an incredible deal on an item
we really crave. It’s a basic human response that we all can relate to.
That’s why auctions are so much fun – they present the titillating
chance of scoring something for a lot less than we would expect. And
that leaves us feeling great, because we now have the object of our
desire and we have money left in our pocket.
Marketers know this and exploit it all the time –hence the profusion
of sales, discounts, coupons, and the like… so much so, in fact, that we
become numb to the tactic. People just don’t believe they’re really
getting a bargain.
But now there’s a new online company that has actually figured out a
way to sell new must-have consumer products for jaw-dropping prices.
It’s called Quibids
– and it turns out that they are selling everything from the latest new
Apple iPads and iPods, to MAC and PC notebooks, to HDTV’s and gift
cards from the top retailers at prices as low as 5% of regular retail
prices. Now, of course, anyone in their right mind would be skeptical of such
a claim – so we looked into it to learn just how they do it.
It turns out that both the prices and the products are real. Quibids
runs a unique version of the traditional auction - when you bid on an
item you actually get charged a small fee of about 60 cents.
Collectively, the amount collected for all of the bids on an item allows
the company to sell the item at a price far below actual retail and
even below the wholesale price they paid the manufacturer for it.
Figuring out how many bids to place and when to place them involves a little strategy but on QuiBids
it’s actually a lot of fun. Each auction has a strict time limit and
when you place your bid, the system adds a little time to the auction to
see if any other bids come in. If you have the winning bid when the
clock runs out – you win the item for that price. According to QuiBids
CEO Matt Beckham, “Thousands of people are trying QuiBids every day –
and then coming back again and again - so we must be doing something
right.”
For the auction winner, the true cost of the item is slightly higher
than their winning bid price because they have also spent a little for
their bids, but this amount is usually modest, and the savings still
work out to be spectacular in most cases.
And then there’s the “Buy Now”
feature. This allows bidders who did not win an auction to still buy
the product they want and apply the cost of the bids they placed as a
discount on the regular product price. So, you still get the item and
the bids you placed previously in the auction don’t cost you anything.
How To Buy New Must-Have Products For Next To Nothing
In: android, ipad, iphone Tuesday, March 19, 2013 By: Anonymous
Label:
android,
ipad,
iphone,
mobile phone
Anonymous
This is a short biography of the post author. Maecenas nec odio et ante tincidunt tempus donec vitae sapien ut libero venenatis faucibus nullam quis ante maecenas nec odio et ante tincidunt tempus donec.
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