Most people know the basic function of the BidBuddy – you put in the maximum amount of bids that you are willing to spend on a particular auction and the BidBuddy will tirelessly bid until the bids have all been used or you cancel the BidBuddy. However, the BidBuddy can also help you learn more about the auction and it’s bidders that you are currently competing against.
If you are new to DealDash you might mistakenly think that the bidders you are competing against are watching the auction just as closely as you are, however in my experience about 95% of auctions are not won with 1-click bids but by using the BidBuddy.
The key to figuring out who is using a BidBuddy and who is single bidding is easy. Simply look for the pattern. If Bidders A, B, and C are consistently bidding in that order 9 seconds apart then Bidders A, B, and C are using the BidBuddy. If bidders D and E are bidding at random intervals other than 9 seconds apart and not following the A, B, C, D, and E pattern then they are using single bids.
Knowing who is using the BidBuddy and who is placing single bids can be a great thing to know – you know that A, B, and C will bid tirelessly and effortlessly until their bids have been exhausted, where Bidders D and E are more likely to give up, lose focus, or just accidentally click the “Bid” button too slowly and lose the auction.
Remember, you can load up the BidBuddy with as many bids as you like, and stop or start him at any time. I personally exclusively bid using the BidBuddy – I remember losing a few auctions way back when I started with DealDash by bidding just a second too slow and losing the auction, and I vowed never to do that again.
Bidding at DealDash is never a waste, though, because you can always buy the item at retail price and get all of your bids back with the BIN (But It Now) feature.
I hope that this article has helped you get to know your best buddy the BidBuddy a little bit better. Good luck and happy bidding everyone!
I won this item: KitchenAid Artisan Series Persimmon 5-Quart Stand Mixer on DealDash.Com It has a retail price of $427.00 and I won it for $53.19 and actually paid 1 penny for it because it was free in the listing and only bided 83 bids on it so the actual cost was only $9.96 plus .01 cent for shipping. WOW what a FANTASTIC DEAL…. THANKS DEALDASHCOM. Your the BEST!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Today we will continue talking about some common mistakes that bidders make, and how to avoid making them.On Monday we talked about how bidders make mistakes by not buying bigger bid packs when they are on sale, and also by not setting reasonable and achievable goals for themselves. Today we will continue to examine how we are bidding and how we can improve bidding with the end result being that next big win at DealDash.
Not thinking ahead – Is a common mistake in DealDash bidding as well as in other aspects of life. Thinking ahead goes hand-in-hand with buying bigger bid packs when they are on sale, but thinking ahead is much more than just that. Thinking ahead means planning and making strategic decisions about when to spend your bids and what to spend them on.
Thinking ahead in DealDash terms means that you carefully decide what auction that you will be bidding on, and then do the math to figure out exactly how many bids that you can spend on that auction to get up to the BIN (Buy It Now) price without going over, and then inputting that amount of bids into your BidBuddy.
The BidBuddy is the best tool to use when you are trying to think ahead – the BidBuddy will effortlessly and tirelessly bid for you, up to the amount of bids that you inputted, and you don’t even have to be at your computer.
Spreading your bids too thin – Another mistake that is frequently seen at DealDash is spreading your bids too thin. Instead of picking one or two auctions and showing them the attention and focus that they deserve a common mistake at DealDash is placing a bid here, there, and everywhere on lots of different auctions and then being disappointed when there is nothing to show for it at the end.
The easiest way to fix this mistake is of course by taking more care and spending more time doing a little research to decide what you truly want to bid on. If you are only halfway interested in a certain auction, why bother throwing a few bids on it? Use those bids on an auction that you are truly interested enough to “go all the way” and Buy It Now (BIN) if you don’t happen to win.
Don’t despair if yourself doing all of the bidding mistakes that I have mentioned in the blogs this week – it takes time and experience to develop bidding skills and strategies. If you take my advice to heart, chances are good that soon you’ll be winning the big prizes and wonder why you were ever having trouble with bidding mistakes at all. Good luck and happy bidding everyone!
