QuiBids, in online advertising proclaims, “Department stores are ripping you off.”
Indeed. But I bet department stores can only dream about numbers like these:
Think about it. With a bidding increment of one cent a closing price of $14.49 represents 1,449 bids. At 60 cents each that adds up to a whopping $869.40 in bidding fees for QuiBids.
QuiBids claims these cameras normally sell for about $699. Of course, I just did a quick scan of Google Shopping and found the same camera and same lens selling new for $550. I guess that so-called “value price” isn’t worth the paper its printed on.
Let the bidder beware! And remember, kids, don’t let those department stores rip you off. Meh.
In closing I quip: Qui gone, gin? Can you hear the clicking of the bids, Clarice? Can you?
This has become your raison d’etre, I see!
Yeah, I can’t stop thinking about it. $6,500 profit on a $300 item seems pretty incredible to me. QuiBids, in their online documentation, claims that they take a loss on 50 percent of the items they list but they also say that their company is already profitable.
I sense nefariousness.
Something smells funny, uh huh.