“..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 the 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 price far below actual retail -
- and even below the wholesale price they paid the manufacturer for it..”
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