After being an active shopper on DealDash.com since Feb. 8, 2012, I have seen a lot of changes and I have learned a lot of lessons – some from simply watching other shoppers and some from my own hands-on experiences.
Therefore, I decided to share some of my observations over the years.
Consistency Matters
If there is a particular auction that we really want to win, consistency matters. Regardless if the auction product has a high-dollar value or not, if we bid on the item each and every time it goes up for auction, eventually we will win. Some auctions are a lot more difficult to win than others and might take a lot longer, but the key is to never give up and to never stop trying.
I bid in one auction 44 different times before I finally won. One thing that helped is that the auction I won was limited to “only one per customer” so all previous winners were eliminated from competing. Another thing that helped me win is the special feature where all new bidders were eliminated after the auction reached only $3.00. Sometimes other shoppers are used to not seeing the “No New Bidders” banner go up until the auction reaches $5.00. Therefore, when all new bidders get locked out of the auction earlier than that it often means fewer shoppers get in on the auction in time, which is good. That usually results in less competition.
I learned a couple lessons from this experience. First, I might have won that auction sooner when it closed early, but I got distracted and failed to add more bids in time. Second, I might have won sooner if I placed 500 bids four times instead of 2,000 bids one time. But the bottom line is consistency matters.
Continue reading “Lessons Learned”