A bidding strategy using BIN

Is our win truly a win or would we be better off using BIN? 

That is the question we should all ask ourselves whenever we shop on DealDash.com. 

Sometimes we would be much better off if we simply purchase the product to get all our bids back free to use in another auction. Therefore, I decided to write this blog about how to better understand how the BIN option works so more shoppers can learn to use it wisely.

A woman holding a notepad and a pen has a great idea!

When the Buy It Now (BIN) is a great choice

Before we start shopping on DealDash  we should make a shopping list of all of the items we need or want and plan to buy in the near future. Then look to see if we can find any of the items on our shopping list that are now up for auction or will soon go up for auction. If the products we want are listed for upcoming auctions but are not yet scheduled, we can press the “Alert Me” button to be notified when these auctions will go active.

Next, we should take a note of the BIN price listed with the auction. When shopping for the items we need, we should never continue bidding over the BIN price listed. If we do not win the auction by the time it reaches the BIN price, we should stop bidding, purchase the item, and get all our bids back free to use in another auction. 

This may seem straightforward, but some shoppers might not understand how the BIN option works or how to make it work for them. I hope this explanation helps more DealDash shoppers know how to “win using BIN.” 

That, my dear fellow shoppers, is how we keep the bargain in the win. 

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This sponsored blog post was submitted by: Barbara L. Sellers. Barbara was compensated by DealDash for this blog post. Blog posts are written by real DealDash customers. The opinions and advice here represent our customers’ views and not those of the company.