Want to Win More Auctions? Try These Suggestions…

What can you do to win more auctions on DealDash? Win, win, WIN with these tips.

If you’re a newbie who just signed up today, or a seasoned DealDash veteran, everyone could stand to brainstorm every now and again on ways to get more auction wins. When you stop trying new things your wins grow stagnant. Here are a few tips that will help you get more wins, or at least help you start brainstorming some new techniques.

  • Make sure that you have enough bids to BIN (Buy It Now) if you don’t win the auction. By having enough bids available in your DealDash account to BIN the item, it means that you won’t have to stop in the middle of the auction to buy more bids. I personally have made the mistake of not having enough bids available to BIN, and in the time that it took to switch over to the section to buy bids, select a bid pack, put in my credit card number, and switch back to the auction I had lost. You may think that you have time to buy bids during an auction, but you just never know. Be prepared, be stocked up on bids!
  • Keep a list of “overbidders.” I have a list of people that I have either personally come up against or have observed overbid in auctions. There are a few people I have in mind that only go after certain auctions, and in these particular auctions they are not only “all in”, they are MORE than all in, bidding more than the item is worth. If you keep a list in a program like Excel you can add to the list, highlight the list, and then sort by A-Z, so you can quickly look up different bidders names when you enter in an auction. If you notice any of the overbidders in the auction don’t put any bids in. Just wait and watch the auction for a few minutes. Sometimes it seems that these overbidders just throw a few bids in and then come back later. If you see that they aren’t bidding anymore you might be able to win the auction before they come back in. Just wait and watch, then make your move.
  • Bid on gift cards. Bidding on gift cards might not help you win that particular auction, but you can always BIN, get your bids back, AND get to keep your “time as highest bidder” earning you more bids to win an auction the next time around. Bide your time, be patient, and bid on gift cards to earn clock time towards free bids.

These are just a few tips to help get you thinking about new ways to bid and win more auctions on DealDash! We all want to win, it pays to be a strategist. I hope that this article has been helpful for you. Be sure to check out DealDashBlog every Monday, Wednesday, and Saturday for more tips and articles to help you understand DealDash. Good luck and happy bidding everyone!

 

BIN it or WIN it on DealDash

Have you ever been in an auction and realized that you are so far in over your head you will be paying WAY more than an item is worth if you win it? Then BIN it!

 

Here’s a little riddle for you: What’s worse than losing an auction? Winning an auction and paying more than the retail price! Okay, that was a terrible riddle, but it really is a terrible sinking feeling when you realize that you “won” the auction but overbid by more than the BIN (Buy It Now) price.

If you want to avoid that horrible feeling, it’s easy! You just have to do a little bit of DealDash math. All you have to do to keep your head above water when bidding is calculate how many bids will equal the BIN price before the auction even starts. After you have figured out the magic number of bids that you are willing to put into an auction to get to the BIN price simply put that amount of bids into your BidBuddy. Of course, this only works on a day when they are having free auctions, if it’s a regular day and you have to pay the final auction price, then you must also calculate that in with the price of bids.

Once your BidBuddy has run out of bids and you aren’t willing to put in any more bids into the auction then it’s time to use the trusty BIN feature that DealDash offers. Just hit the “Buy It Now” button, pay the retail price that is listed on each auction, and you will receive all of the bids back that you spent, get to keep the clock time that you accumulated while bidding, and get the item very quickly in the mail with free shipping. It’s win-win-win-win!

I hope that instead of feeling sad about mis-spent bids that next time you take advantage of the BIN feature that DealDash offers and get all of your bids back to try again on another auction. Pay attention to what you’re doing, check out the auctions ,and use your BidBuddy. See you on DealDash everyone! Good luck and happy bidding.