QuiBids Strategy for Stretching Your Money

Looking for the QuiBids strategy for stretching your money?

Some of our readers were asking what the QuiBids strategy for winning is, so I decided to share this information with you.

If you're not familiar with QuiBids, the merchandise bidding is pennies on the dollar, with some large ticket items won for a small portion of the normal retail value. Thus the name, "Penny Auctions".

First off, bidding on sites like QuiBids is a strategy in itself for stretching your money! You can expect to find three main types of merchandise to bid on:

  1. Liquidations
  2. Overstock surplus
  3. Warehouse closeouts

In our prior post, "QuiBids and Pinching Your Dollars", we shared some basic information about QuiBids, and now you've been asking what the strategy is to win items. Let's cover some basic QuiBids tips to see if we can help you with stretching your money!

Quibids states the following under their, "What is the Best Way to Win an Auction" section:
There’s not a guaranteed winning strategy, but here are a few tips to help you get started, as well as a few tips on what not to do in an auction.
What are some of their tips for a winning QuiBids strategy for stretching your money?
  • Place your bid within the last 15 seconds
  • Bid on the cheapest products
  • Use their Bid-O-Matic tool
  • Turn Your Competitors Bid-O-Matics against each other
  • Watch other bidders
Keep in mind that while you may use their Bid-O-Matic tool, that your competitors can use it against you, while you may try to use it against them.

In closing, is there really a winning strategy for QuiBids? Just as there are winning strategies for money games, there must be one for QuiBids, but I'll let you decide!

You may wish to read what their site provides regarding the biggest mistakes bidders make! By reading what they say are mistakes, it can help you to plan you winning auction strategy! The more you can determine a winning strategy the more you'll be stretching your money!