Thursday, September 18, 2014

QuiBids

An interesting mix of online gaming and auctions...

While winning an auction is a huge thrill, strategizing over when to bid and how many bids to commit to a particular auction is a ton of fun too. Every time a user bids, no more than 20 seconds is added to the auction clock, and the last person to bid when the clock runs out claims the right to purchase the item at the discounted price. CEO Matt Beckham said that QuiBids is growing rapidly, and that their number of customers now reaches into the millions. “This is a new type of shopping that appeals to a mass audience.  Consumers expect more when they shop these days and QuiBids offers that,” he said.

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