There have been many times on DealDash I have thought to myself “Why didn’t I think of that?” If you feel the same way, read on for more information.
Everyone tends to look at things from a different perspective, and things that are obvious to you might not be clear to me, and vice-versa. In this article, I will tell you about some of the things that I have learned from watching other DealDash bidders. Truly, I have learned quite a bit by just observing many auctions and tons of different bidding styles. Here are some tips I’ve learned from watching other bidders on DealDash.
You Don’t Need to be the First Bidder
Before I really got heavily into DealDash bidding I did quite a bit of research by reading different articles online. Many of these articles seemed to suggest that unless you join the auction in the very beginning then the other bidders would be upset if you joined in later. Now, this might be the case if you join in the last few bids before the auction reaches the $5 No Jumper limit. However, if you join at the $3 or $4 mark, for example, no one will most likely notice or care.
The $5 No Jumper limit was put in place to limit how many bidders can enter an auction at any one time, so the bidders have a better chance of winning. So technically, even if you join the auction at $4.99 then you are still within the rules. However, if there are only 2 or 3 people left in the auction at that point, they are definitely going to notice and not be very happy. This can make them fight even harder and longer for the auction because they feel that you are “late to the game”. In short, you can save bids by not joining an auction until closer to $5, but personally, I wouldn’t join too close to $5.
Want Free Bids? Use the Time Clock
When I first started bidding on DealDash, I could never understand why people would stay in an auction when they clearly weren’t going to win. For example, you can see when everyone placed their first bid – so why would someone who placed their first bid at $.02 and have been continuously bidding still be trying to win a $10 gift card whose auction value is currently $7? They have obviously put in way more than $3 worth of bids, which would be their break-even point. The answer is Time As The Highest Bidder (TATHB).
TATHB is when you get time on your time clock for each of the 10 seconds or so that you are the highest bidder. Once you have filled up your time clock, then DealDash will give you free bids. Once this bidder realized that they had put in enough bids to break even on the gift card and decided to do a BIN (Buy It Now) to get all of their bids back, yet saw that there were still 20 people still in the auction, it just makes sense to keep bidding! They figure that they might as well rack up some time on their time clock as the highest bidder to get their free bids faster. If there are more than 5 people in an auction it’s very unlikely that the auction will end abruptly with everyone canceling their bids at the same time. However, it CAN happen, so do this at your own risk.
Thanks for Reading the Tips Blog
I hope this article has encouraged you to use observe other bidders on DealDash. Remember, the more you watch the other bidders on DealDash, the more knowledge you have to win auctions. Now get out there and check out the auctions on DealDash. Visit DealDash now to see what’s up and new for auction. DealDash has everything you want and need. Have fun on DealDash, and happy bidding everyone!
This sponsored DealDash blog post was written by Dawn E, a mother of 3 who loves DealDash. Dawn was compensated by DealDash for this blog post. Read even more at DealDashTips.com, DealDashR