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DealDash Spells Savings B-I-N

Everyone loves to WIN an auction for pennies on the dollar, but it’s also nice to BIN when you don’t win.

The great thing about bidding on DealDash is you never walk away empty-handed. You will win plenty of auctions if you follow the suggestions on all of the DealDash blogs, but no one can win every auction that they enter. DealDash wants you to feel good about bidding, whether you win or lose – that’s why they created BIN – Which means “Buy It Now.”

Buy It Now – BIN – is your safety net. No matter which auction that you are bidding on, no matter how many bids that you have used you can always BIN the auction. The BIN price is always clearly labeled at the top of the auction description, and as a bonus, each and every auction and BINned auction includes free shipping. After you have paid for your BIN auction you will receive all of your bids back that you have placed in the auction.

Let’s look at an example. If you are bidding on a Blu-Ray disc that has a BIN price of $20, and you have already placed 125 bids, assuming you paid around .16 per bid, it would make sense for you to BIN this auction and get all of your bids back, because .16 x 125 = $20. So if you BIN this Blu-Ray disc for $20, you will receive free shipping as well as all of your bids back to try again on a different auction. So you see, if you are willing to BIN an auction you will never lose, because you will get all of your bids back!

In addition to getting all of your bids back, you will also get to keep the “clock time” that you accumulated while bidding on that Blu-Ray disc. Once you have collected enough clock time then you will receive FREE bids from DealDash. No catches, no strings, just free bids to use on whatever you like. This is the reason that gift cards are so popular on DealDash, because as long as the gift card is for a store that you shop at anyway, there’s absolutely nothing to lose by bidding in the auction and possibly getting that gift card for an awesome deal!

I hope that you have found this article helpful in learning some useful information about DealDash. Now use your newly acquired information and go check out the auctions! See you on DealDash everyone! Good luck and happy bidding.

BIN to WIN on DealDash

Being a great bidder on DealDash is easy, it just takes a little time, knowledge, and willingness to BIN!

When you think about bidding on DealDash, what are the most important things on the website? The products? Sure, those are great, but the real gems on DealDash are the bidders! DealDash loves all of it’s bidders, and wants to give you some tips on how to be an awesome bidder and win more auctions.

The first thing you need to do is be sure that you have enough bids to work with. To be a great bidder you need to have lots of bids in the bank so that you can be sure that you have enough to bid until you reach the BIN (Buy It Now) price. If you have enough bidding power to BIN, then you can bid confidently, and that will shine through, and people will begin to recognize your name as someone who’s willing to “go all the way” in an auction. It’s a great thing to be known as a bidder who will bid until the BIN price, because if someone recognizes your name and isn’t willing to bid until BIN price, they will usually drop out of the auction.

Another way to be an awesome bidder is to use your BidBuddy. The BidBuddy is a great auction tool that DealDash provides to all of the bidders to use for free. It just isn’t feasible to bid one-by-one if you are participating in an auction that is likely to last for hours or even days. And as we discussed before, it’s important to be willing to BIN each auction that you are in, so if you don’t win you can always pay the retail price and get all of your bids back.

Personally, I only bid on auctions that I am willing to BIN, that way I am not losing any money if I lose the auction. I love the BIN feature on DealDash, because it’s like an insurance policy for your bids.

Let’s Talk About the Importance of Monitoring Other Bidders

Have you been paying attention to your fellow bidders? Well, you should be. Monitoring other bidders can be a great strategy.

If you are a newer DealDasher you might just be jumping right into auctions without doing your research. Well, that’s not a very good idea. Not only should you be researching the items that you plan on bidding on, you should also be doing research on your fellow bidders. If you’re new to DealDash you might be amazed at some of the awesome deals that people seem to get by chance. The more seasoned bidders might make it look easy to win, but I can almost guarantee you the winners of most of the bigger ticket auctions not only watched many of the auctions to see what the final auction fee was, but also took note of the bidders who were in for the long haul.

If you are interested in a certain type of auction, say laptops, then you should be watching and observing every laptop auction that you can find, even if it isn’t the particular laptop that you plan on bidding on. If you have been watching the laptop auctions and you see that Bidder A, Bidder B, and Bidder C show up to almost all of the laptop auctions and stay until the final auction fee has surpassed the BIN (Buy It Now) price, then you might want to try and find a different laptop auction that Bidder A, Bidder B, and Bidder C are not involved in. Every bidder has a win limit of 9 items per week, so if you are patient you might be able to find a laptop auction when Bidder A, Bidder B, and Bidder C have already used up all of their win slots.

Alternately, if you wait until DealDash has one of their “Free Auction Weekends” when there is no final auction fee you might be able to snag a win even if Bidder A, Bidder B, and Bidder C have been bidding on an item. Most (but not all!) bidders tend to try and stay within the BIN price, and will stop bidding once they know that they would be losing money by continuing to bid. Once Bidder A, Bidder B, and Bidder C have stopped bidding and have decided to either cut their losses or BIN the item, then it’s your time to go ahead and start bidding. Just make sure that you have already placed at least one bid before the $5 No Jumper limit has been reached.

In case you don’t know what the “No Jumper” limit means, here is an explanation straight from DealDash’s FAQ section:

The big difference between No Jumper™ auctions and normal auctions is that new bidders can’t enter the auction after $5.00. This means you won’t have to compete with users that didn’t bid in the auction from the start, before the price reached $5.00.

I hope this helped some of you newer DealDashers! If you’re interested in reading even more tips and tricks check out the “Tactics & Tips” section on DealDash. Good luck and happy bidding everyone!