1. Only bid on the items on DealDash that you need or want
Especially if you’re new to DealDash – it’s a good idea to start out just bidding on items you need or want, that way if you end up spending more money on bids to win the items, you will get an item you already were planning on purchasing. Use the buy it now – you will get all of your bids back, the items will be shipped free of charge to you and come brand new in sealed packaging.
2. Pay close attention
Do not allow yourself to get bored or distracted when you’re in the midst of bidding on an item. It only takes a second for you to switch screens on your computer, look away or answer the phone, etc. and you could very well end up letting the auction end. Set auto bid if you need a few minutes to do something else, just be sure to keep track of where that’s at.
3. Make Time for Bidding
Since it’s really not a good idea to spend money on bids when you have other things you should be doing, set aside time to bid and make sure you are free from distractions.
4. Keep Track of Your Bids and What You’re Spending
Set a budget. Write down how much money per month you are able to spend, and want to comfortably spend bidding on items at DealDash. Set a goal for how much money you can spend on bidding if you don’t win. Set amounts you will go up to before you elect to buy it now Stay within your set budget.
5. Use the autobidding feature on DealDash
Save bids, money and don’t leave your reaction time to chance (you really could miss out and let another bidder win if you didn’t click bid fast enough and the timer hits 1-0- ended.
7. Take Notes
Watch active auctions. Check out the ended auctions. Write down names, prices, items, time of day. Know your competitions.
8. Bid Later/ Bid Earlier
Try bidding early in the morning or late at night — the competition may not be as fierce.
9. Keep track of your opponents
Since all bidders are limited to winning 9 items a week, 6 items under $200 value, 3 over $200, keep track of who is at their win limit.
From your account dashboard click on “Who’s on their limit” – for just one bid, ($0.60) or if you buy bids now ($0.15) you can see a list of all of the bidders who have reached their win limits.
10. Keep track of winners
See a pattern of consistent winners? Watch what items they bid on, when and how many bids they spend to win.
These are just a few tips to become a smarter bidder in DealDash’s entertainment penny auctions. Do you have tips that you win by? We want to hear them! We’re also looking for DealDash bidders to interview to feature here each week. Bid wisely, bid often, bid smart, but most of all have fun bidding!