Analyzing Data – Three kinds of online shoppers

From my observations, I see three kinds of shoppers on

  • Those who enjoy playing on this shopping site because they find it fun and entertaining, but they don’t really care if they win or not;
  • Those who shop on DealDash to win great bargains, but they don’t want to put in any effort to become better players; and
  • Those who want to win as many auctions as possible. They continually read, research and study how to become the best and most successful shoppers on DealDash.

Shoppers who fall into the last group I mentioned above are most likely the ones reading this blog now to see if they can learn any new tips or tricks.

Since I started shopping on DealDash on Feb. 8, 2012, I’ve never stopped learning new things or getting new ideas on how to become a better player. In the early days of DealDash, shoppers did not have as much data to look at when making decisions on “to bid or not to bid.” Now DealDash provides plenty of data that shoppers can analyze to make wise shopping choices.

Data Available

When we double click on an auction a window will open up. There we can see the dates that same auction was last won, the screen names of the winners, what the sale price was when it closed, how many bids the winners used and what the estimated total cost was to the winners (the final sale price, plus the cost of the bids that were used to win it).

The total cost to each winner might not be very accurate because we do not know if the winners bought their bids on sale or if they won a huge pack of bids for only a few bids. That makes a difference to the overall cost for each winner, which is good to keep in mind.

There’s data available also on how real bidders have enjoyed DealDash. You can find the legit reviews online and make your own decisions based on that.

We can also see how many DealDash customers qualified to compete in the auction before it as closed to “No New Bidders.”

Now What

This data can give us a good idea how many bids it might take to win the auction.

By adding up how many bids the last 10 winners used, and dividing it by 10, we will come up with an exact average number of bids it took to win that particular auction. However, we can come to a good idea just by eyeballing it. In other words, if 8 out of 10 winners used 200 or fewer bids to win the auction, we might feel safe by just placing 200 bids from the start.

It might also help to see at what point in the auction each winner started to seriously compete. Perhaps one winner started bidding at the beginning of the auction and continued bidding all the way through to the end, but another shopper only placed one bid at the beginning and then waited until just before the “No New Bidder” banner came up. The point in the auction at which each winner first started seriously competing makes a difference, too. The winner who started shopping from the beginning most likely would have used the most bids to win it. Winners who did not start to seriously compete until later would most likely have used fewer bids.

When an auction gets down to the final two or three bidders, we should open the Winner’s List and check out the data there, too. If we see that one of our fellow shoppers just won a 7,500 bid pack, it would be wise for us to cancel what bids we have left and save them for another auction.

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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.