Many new bidders win one or two auctions soon after they register at DealDash only to find their confidence shattered a few weeks later when they lose auction after auction, unable to win even a $10.00 gift card. Perhaps at this point the bidder wonders do they have the correct bidding strategy? That’s when people start second-guessing. Some may even wonder, Are Online Auctions a scam? If you’re bidding at DealDash, the answer to that question is, “No.”
Old-timers will say that consistent winning is possible. But like any skill or sport, you have to invest time and effort to learn the secrets of success and then incorporate those strategies with tricks that work for you. But all successful bidders know that hard work is what separates mostly winners from mostly BINners at DealDash.com.
Here are some strategies to help you get past your slump, master the art of the hunt and start winning big. So, how does DealDash work?
Online auctions are a great way to save money. Everyday people save up to 90 percent buying products in DealDash’s easy to win Internet auctions. The savings and the selection of products is why DealDash has become the Internet’s #1 source for legitimate auction bargains. The only catch is that different bidders will be able to take advantage of this opportunity in different ways. Before starting to bid, it’s important to know how to to go about maximizing the savings potential available on DealDash. One way that many bidders overlook is by learning how to use DealDash’s Buy it now option (BIN) to help them save big bucks!
DealDash’s “Buy it now” option is a unique feature that lets bidders purchase the item at a regular price if they don’t win (or if they think they won’t win) an auction. This feature is always available on all of the items featured in the auctions, and the best part of it is that bidders get all of the bids back that they used in the auction. Didn’t win that $20 Amazon gift card? No problem. Pay the twenty bucks and get your bids back to try again in a different auction. It’s pretty simple, it’s just like paying for a regular auction win, and clever bidders recognize that using the Buy it now option can help win auctions. Not kidding: paying the regular price can help you save money on DealDash. Here’s a few suggestions from some big DealDash winners on how planning to BIN can help them win the auctions!
Look at the BIN price before deciding on whether or not you want to participate in the auction. Everything looks good when you enter an auction expecting to pay a couple of dollars. Looking at the BIN price and asking yourself if that’s something you’d consider paying for the item can help you prioritize your auctions and decide on where to concentrate your bids. Focusing your bids in a few auctions helps you budget and get more for your bids, and it also makes sure that you focus 100% on getting that item you really want!
Budgeting is a really important component to consider when creating your bidding strategy. And even though you might not have control over how much bidding will happen in each auction, you do have control over how much you’re willing to spend on a particular product. Take this recent auction for a $10 Walmart gift card as an example:
The BIN price for this gift card is 10 dollars. Assigning a dollar value to the bids you use in the auction can be difficult, as this depends on when you purchased your bids (see the “DealDash Promotions Make Auctions Easier to Win!” blog entry for more information on how to save money when buying bids). However, you know that buying this gift card will never cost you more than 10 dollars. So when bidding in the auction, it’s important to keep in mind that winning the auction isn’t really winning if you wind up using too many bids. The BIN option gives you a great safety net if you find yourself using too many bids to win an item that you can buy for a reasonable price. Not only do you get the product you have your heart set on, but you get the bids back too!
If you prepare yourself for purchasing the item at the BIN price, conserving your bids doesn’t become so important. After all, if you’re going to buy the item anyway, you don’t have to worry about wasting bids. You can use as many bids as you want and get the product at that unbelievably low price (like this LG 32-Inch TV), or you can simply buy the item and get all of those bids back to use however else you’d like. Once again, you get the product you want and get it at the price you want to pay!
Different bidders will have different strategies they use to win the auctions, and some of them like to use what might be called an “aggressive” approach. This is in no way a better approach to saving money than what some other bidders like to use, but it can be useful to take a page from their playbook and use your bidding to let other users know that you’re going to get that item no matter what. Once again, the BIN option provides these bidders with a great safety net. If you use a ton of bids trying to let other users know you’re 100% dedicated to winning the product, and that backfires, you buy the product and get those bids back. Try this out on some lower priced auctions to see if it works, and you might be surprised to see how much you save!
These are a few of the tactics that real DealDash bidders use to help them save money in the auctions. The smart bidders know that winning on DealDash is about learning how to stretch budgets as far as they can and outsmart their opponents, and the BIN feature is just one of the resources available on DealDash’s website. Check out our Winning Tips, Tactics, and Strategies page for more advice on winning on DealDash, and don’t hesitate to leave comments with your own hints!
POLL: Vote for what kind of products you’d like to see more on DealDash!
With a 100% satisfaction guarantee on your initial bid pack purchase, trying DealDash is a risk free proposition. Over 500 customers won their first auction with us last week, so get in on these great bargains by signing up for your free account today!
An important, often overlooked tactic for saving money on DealDash is to take full advantage of the different pricing options available through the promotions. You can almost always get bids at a huge discount by buying while they’re on sale: more than 80% if you buy at the right time! These promotions are almost always running, so it’s important and really not too difficult to capitalize on these great savings and leverage the benefits into more (and bigger) auctions wins. Not only can you save money, but often the rules governing the auctions will change during promotions, which gives bidders the opportunity to apply their strategies in new ways.
Cheap Bids are only part of the Savings
One of DealDash’s recent promotions, for example, reduced the cost of bids to 12¢ each. Buying bids at 12¢ each is equal to getting 5 bids for the price of 1. The benefits of this are pretty clear, but how exactly to leverage this benefit into your bidding strategy might not be so apparent. Some users might take the discount but not really change their approach to bidding, but leveraging the discount into a bidding strategy can help you win more auctions. The freedom to place 300 bids in an auction as opposed to 60 is a real benefit these discounts offer, as these extra bids can help you utilize more bidding techniques (such as relying more on the BidBuddy). Not everyone will buy bids during a certain promotion, so you shouldn’t assume that the other bidders are able to bid as freely as you. Remember, you’re bidding against other people, and a good bidder will focus on how to beat bidders and not the clock!
Special Auction Rules are an Opportunity to Win
You also need to keep in mind how special rules implemented during promotions can change the way bidders can or cannot bid. For example, during DealDash’s recent President’s Day promotion, auction winners were given 50% off the final price of their auction wins. A promotion like this not only reduces your costs by offering cheaper bids, but it also lets auction winners pay less for their products. To make the most of these savings, it makes more sense to take the opportunity to try and win bigger items. Auctions featuring big-ticket items (things that cost over $200)tend to be more competitive, so using those cheaper bids to take advantage of the bigger discount gives you a unique opportunity to really go for the big wins!
Budget Before Bidding
But the most important way to save money, and again this is something overlooked by many bidders, is to set a budget and stick with it. You can find lots of information about how much certain products go for by browsing through DealDash’s website, and you can always search through upcoming auctions or search for specific products to help you plan ahead. This doesn’t mean that you can’t be spontaneous about the auctions you bid in, but it does mean that you should plan whether or not you want to leave some extra bids to do this. Many successful bidders emphasize the importance of strategy and planning ahead, so don’t hesitate to spend some time looking through DealDash’s website. Winning bigger and better bargains is always worth spending the time, and don’t hesitate to leave your own tips in the comments!
WANT TO WIN SOME FREE BIDS? Check out DealDash’s Pinterest page for this great new promotion. This man won all of these great products (with a total retail value of 213 dollars) bidding on DealDash! Guess how much he paid to win, and the closest guess wins some free bids! Leave your guess on the Pinterest pin before February 27th for your chance to win!
With a 100% satisfaction guarantee on your initial bid pack purchase, trying DealDash is a risk free proposition. DealDash customers regularly save between 60-90 percent on the products featured in DealDash auctions, so get in on these great bargains and sign up now!
Winning on DealDash is easy when you follow some basic guidelines.
Three Simple DealDash Winning Tips
1) Bid on No Jumper™ auctions
-> These are special auctions that can only be found on DealDash. They end earlier, have less bidders and are easier to win. No Jumper™ auctions do not let new bidders enter the auction once the price hits $5. So if you bid early, you have greater chances of winning.
2) Enter the auctions early
-> Most auctions end in the first hour of bidding. A common rookie mistake is to enter the auction when it has already been going on for hours and hours. This simply means that you will bid against other committed bidders.
3) Bid on items you are prepared to buy
-> Inorder to fully take advantage of DealDash, you should never bid on items outside your budget. We recommend using the Buy it Now option if you lose an auction. By doing that you’ll pay a regular retail price for the item you were bidding on, and get all your bids back for free. This way you won’t have to worry about having to buy new bids every time an auction is over and you do not win.
If you have a DealDash Review or Bidding Tips you would like to share please be sure to contact us by sending an email to [email protected].
DealDash Review: Bidding, Winning, Buy it Now, and BidBuddy.
