Thinking About Mistakes We Make as Bidders: Part 1

Everyone makes mistakes. Let’s see how we can try to prevent some of them.

Are you a new bidder that feels like they just can’t win? Did you get for first few wins easily and now find yourself in a bidding slump where you feel like you just can’t win again? Or are you a more seasoned bidder who has quite a few wins under your belt but feel like you have just hit a plateau with your bidding? Well, let’s examine how we are bidding and maybe we can improve your bidding so you can go on to get that next big win at DealDash.

The cost of bids – Are you paying too much for your bids? If you’re buying your bids at full price then the answer is “Yes! You are paying too much for bids.” It’s a much better practice to wait for a big sale on bids and buy the largest bid pack than to buy bids whenever you run out and pay top dollar for them.

Just imagine yourself in a bidding war over a laptop – you’ve already put hours and hours into the auction, you’ve put a ton of bids in and you’re not about to give up…But then…you’re almost out of bids…And the current bid price that day is .18! If you had bought bids a few days ago they might have only cost .16, .15, or even .12 on special sale days. If the person that you’re bidding against in this fictional auction had bought their bids at .14 versus you buying them at .18 they are going to be able to bid significantly longer than you yet spend the same amount of money.

Long story short, the person who pays the least for bids and buys them in the biggest bid pack is going to be able to bid for longer, outlasting the competition on auctions. Also, if you’re buying tiny bid packs whenever you run out of bids instead of buying big bid packs when they are on sale then you’re just wasting money, and that in itself is a mistake.

 

Not setting goals for yourself – The other mistake that I would like to talk about today is not setting goals for yourself. You have to crawl before you walk, and walk before you run; so why are you trying to bid on a 50″ TV before you have even won at $10 gift card? Bidding smart means that you have to start small, get to know the bidding terrain around DealDash, study the competition, and get a few small wins before you try for the “big score”. If you are trying to win a $200+ item before you have won a few small ones to see how things really work then that is a mistake. However, it’s easily corrected by setting some goals for yourself and work on achieving them before you move on to more difficult auctions. For example:

  1. Win a $10 gift card to Burger King
  2. Win a $25 gift card to Shell gas
  3. Win a $50 gift card to Target
  4. Win a $100 gift card to Wal*Mart

If you’ll notice, these goals are all to win gift cards. The reason being most people would eventually use all of the above gift cards, so even if you don’t win these auctions while you are practicing your bidding you can BIN (Buy It Now) them for face value, get free shipping, and you are not out any extra money. Once you have attained your bidding goals and feel confident then you can move on to bigger, better, and more difficult to win auctions.

I hope that you found this article helpful in your quest to better wins at DealDash. Please keep an eye on DealDash Blog on Wednesday for Part 2 of this article. Good luck and happy bidding everyone!

Setting Your Bid Limit on DealDash

Everyone wants to win every auction that they enter, but in reality that is very unlikely to happen. However, you can always be a winner if you stick to your bid limits and BIN (Buy It Now) when you aren’t the last bidder.

One of the most common questions that I have had people ask me is “How do you know when to stop bidding?” Well, the answer will possibly sound a little complicated, but in practice it’s really very easy to figure out, especially if you are the sort of person who “checks in” on the auctions that you are bidding on every so often.

The first step, of course, is to find an auction that you are interested in bidding on. Now, make sure that you truly want this product, because the way to know when to stop bidding involves being willing to BIN (Buy It Now) if you don’t happen to win the auction. You can check the BIN price of any auction if you open up the auction’s page and look in the upper left hand corner under the title of the auction. There should be a $$$ money amount next to a phrase that says “Buy It Now price”.

The next step is to think about how much you spent per bid. The official cost for bids is .60 per bid, but DealDash is kind enough to have bids on sale every single day. Sometimes they are .12, .13, .14, .15, .16, .17, or .18 per bid depending on what day you buy your bids.

After you have determined the BIN price and the price you paid per bid then it’s time to get down to the math. Let’s make things easy and say you are bidding on something that has a BIN price of $20, and you spent .14 per bid. If you divide $20 by .14 you get 142. So if it happens to be a FREE auction day (which it is occasionally, especially on a holiday weekend) then go ahead and load up your Bid Buddy with 142 bids and sit back and see if you win or if you BIN. If it’s not a FREE auction day then you would be smart to monitor your auction every now and again to see what the final auction price is and adjust the bids in your Bid Buddy accordingly.

I hope that these simple tricks help you to save your bids and get the most out of your bid pack purchases. Pay attention to what you’re doing, check out the auctions and see what you would really like to bid on, and try my tips to save bids. See you on DealDash everyone! Good luck and happy bidding.

Tweet DealDash and Get Free Bids

  

Did you know that you can get FREE bids from posting your wins on Twitter? Here’s how you can get in on the fun!

Unless you have been living under a rock for the past ten years or so, I’m sure that you have heard of Twitter. However, you might not know anything about Twitter’s history. Twitter is an online social networking service that lets users share short 140-character messages called “tweets”.  Users can send and read tweets from just about anyone, from their next door neighbor all the way up to President Obama. Users may subscribe to other users’ tweets—this is known as “following” and subscribers are known as “followers”. DealDash has a whopping 10.4 thousand followers! If you love looking at the “Winners” tab on DealDash, looking at the tweets that people post on DealDash’s Twitter page is even more fun.

You can get totally free bids really easily and quickly using Twitter. The way you can do that is by simply following DealDash and posting photos on Twitter. If you are going to take photos of your wins to post on Facebook and Pinterest to get free bids, why not also post them on Twitter?

First things first, you need to follow DealDash on Twitter at this link here. Then go to DealDash, win an auction, and wait to receive it. After that you can get free bids by simply taking a photo of yourself holding the auction win and posting the picture on Twitter with a quick message such as “I got this – ____________ item – @DealDash for – ___________ bids- & $ – ___________ final auction price-. I love it! #DealDash also gives #FREE shipping!” Just “fill in the blanks” with the appropriate answers, and you are all set!

When you take advantage of the generous free bid offers that DealDash gives everyone every single week you can build your bid bank and win even more auctions. Then, of course, use your bid bank to get more wins, and then repeat the process. There is no limit to how many weeks in a row that you can post on Twitter and get totally free bids. As long as you have a new auction win every week then you can get more free bids every week.

 

 

 

 

I hope this helped some of you that didn’t know how to use Twitter to get free bids! 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!

 

 

 

Another Look at the DealDash YouTube Page

YouTube is one of the biggest internet sensations that can be used and enjoyed by just about anyone, from young to old. DealDash has a great YouTube channel.

I’m sure that you have heard of YouTube before, but did you know that YouTube has actually been around for over 11 years? That’s right – YouTube was founded on Valentine’s Day in 2005.

If you like watching YouTube videos, I suggest you check out DealDash’s YouTube channel. When you arrive at their page a video on the very basics of how DealDash works begins to play. Here is that video:

https://youtu.be/-x_WIXZnK4A

Did you know that DealDash has just over 25 videos posted, and over 3,242 subscribers? That’s awesome, I personally only have about a third of those subscribers, and I consider YouTube a hobby of mine! YouTube videos take a lot of time and patience to make, edit, and upload, so let’s show our appreciation for the Social Media Team at DealDash for uploading videos for us to watch.

 

Have you seen the DealDash commercials on TV? If you haven’t, the are available to watch on DealDash’s YouTube page.

If you haven’t seen the TV commercials, check them out below:

https://youtu.be/GHvvfKecmWw

https://youtu.be/f5E1BhpeshI

There are also some YouTube reviews of DealDash, as well as some product reviews, and other fun videos for you to watch. I personally do a lot of DealDash unboxings on YouTube, if you are interested in watching those, come on over and watch my DealDash user experience video!If you would like to check out the video that I made for DealDash, please see below:

Since you have been checking out DealDash’s YouTube page, how about subscribing to the DealDash YouTube channel, and then watching a few videos and giving them a “Thumb’s Up” to show that you “Like” them? Then maybe DealDash will put up even more videos for us to watch. It would be wonderful if we DealDashers could help grow DealDash’s YouTube page to 3,500 subscribers! Let’s see if we can do it!

 

 

I hope this article made you want to check out DealDash’s YouTube page, or even re-visit it if you have seen it before. If you watch all of their videos you are bound to pick up some bidding tips and tricks that will be useful on DealDash. If you’re interested in reading even more tips and tricks please check out the “Tactics & Tips” section on DealDash. Good luck and happy bidding everyone!

 

Did You Join DealDash Today? Here’s How It Works

Are you just getting started? Here’s how DealDash works.

1. Buy Bids

Bids are what you use to bid in the auctions to try and win.  Bids are available in a variety of different sizes of bid packs. The regular price per bid is 60 cents, and your first bid pack purchase will use this price. However, DealDash offers bid sales pretty much every day where you can purchase them from around 14-18 cents per bid. If you buy a larger bid pack, the cost per bid is usually much lower. Sometimes on holidays the prices will be even lower. You just have to be patient and see what the price is every day.

2. Browse Auctions, Do Research

All items sold on DealDash are brand new and come with manufacturer warranties. All of the items are clearly displayed, some with multiple pictures. All of the items have descriptions, and of course you can always google the item you’re interested in to get consumer reviews or more information.

3. Start Bidding

All auctions start at $0.00. Everytime you or anyone else bids it adds one penny to the final price of the item. Each bid from you or anyone else restarts the timer to 10 seconds and allows people to place bids until the timer reaches 0 or is reset again by someone bidding. You can bid one by one, or use the free tool  to help you bid called the BidBuddy. The BidBuddy is an awesome tool that everyone should take advantage of – you can program it to bid as many times as you like, and you can watch it bid against the competition or step away from the computer, or even turn it off and go to sleep!

4. Win or BIN

When the timer reaches 0 and no one else places a bid, the last bidder wins the auction and pays the final auction fee that is displayed on the bidding screen. Sometimes DealDash offers half off all auctions, or even FREE auctions. When you start bidding in an auction you never know if it’s going to be over in a matter of minutes or even days! However, if it’s an item that’s important to you, you probably want to think about going “all the way” and be willing to BIN (Buy It Now) if you don’t win. That way, when you BIN the item for the retail price you get ALL of the bids back that you placed, as well as getting free shipping. Sounds great, right? Well get bidding!

 

I hope this article made you want to check out DealDash’s auctions and start bidding. If you’re interested in reading even more tips and tricks please check out the “Tactics & Tips” section on DealDash. Good luck and happy bidding everyone!