Does beezid exist?
The company’s name is a play on the word “bid,” using a form of slang similar to izzle-speak. On September 30, 2016 Beezid auction site was placed on standby. Beezid confirms the site is not functional on October 11, 2016 on their Facebook page.
Is QuiBids real?
QuiBids.com is an American online retailer headquartered in Oklahoma City, Oklahoma, United States. It is a retail website that operates as a bidding fee auction, also known as a penny auction. The company has been sued under allegations that it is a form of illegal gambling and that its advertising is misleading.
Is DealDash a con?
DealDash is a legitimate website. And it is possible to sign up and purchase products at significant discounts. But remember: you need to pay money to enter each bid. And due to the amount of participants in each auction, the odds of a single bid winning a discount purchase are very low.
What’s wrong with DealDash?
DealDash, one of the largest and best known “penny auction” websites, has been accused of operating an “illegal gambling site” and using a “widespread deceptive marketing campaign to lure customers” to the site, according to the advertising watchdog group Truth in Advertising (TINA.org).
What kind of items are on DealDash?
Here is where you will find classic favorites such as bikes, grills, luggage, baby items, and Lego – but you will also find new and interesting things such as the new wheeled “hoverboards” that are so popular right now. Home, Garden, and Tools – This is another section that has gotten a major makeover recently.
Can auctions be rigged?
Bid rigging is a form of anticompetitive collusion and is an act of market manipulation; when bidders coordinate, it undermines the bidding process and can result in a rigged price that is higher than what might have resulted from free market competitive bidding.
How much is a DealDash bid pack?
60 cents each
At DealDash, you can buy a pack of as few as 60 bids, or as many as 1,000, for 60 cents each. At Gankit, bids cost 55 cents each, with packages starting at $22 (or 40 bids).
What does Beezid mean?
Beezid was a Canadian online retailer and penny auction website located in Montreal, Quebec . Beezid CEO Max Bohbot had previously worked on developing other E-commerce websites, and decided on the bidding fee auction model after observing its success in the European market.
Is Beezid a scam?
One of the most unsettling things about this development with Beezid is that many users are left feeling that Beezid is a huge scam. The very popular penny auction forum for avid PA players “Penny Auctions Forum” has actually dedicated an entire section to the shut down of Beezid and the fallout here.
What is the Beezid Store?
In November 2013, the Beezid Store opened as a retail extension of the penny auction site, offering the same merchandise found in their auctions that could be purchased directly rather than having to be won in a bidding fee auction. The Beezid Store additionally allowed the members to sell their auction wins from Beezid directly.
When did Beezid come out?
Following nearly a year and a half of development, Beezid launched in October 2009. The company’s name is a play on the word “bid,” using a form of slang similar to izzle-speak.