Category: Experienced Bidders

Perhaps one of the most important things DealDash.com customers can do to win more frequently is to check back often.

The DealDash shopping site changes and the only way to keep track of the latest auctions and the newest customers is to return to the site on a regular basis.

My previous list of power bidders to avoid needs to be updated on a regular basis because the customer base changes, too, and it’s a good idea to be familiar with who’s who. New customers come and old customers go.

If we look at the last seven winners of the auctions we want to win, we will see that some shoppers win a much better bargain than others. Why is that? Answer: Sometimes more than one power bidder competes in the same auctions and they knock heads.

I’ve been a loyal customer of DealDash since Feb. 8, 2012, and I’ve noticed that whenever two or more power bidders compete in the same auction, that auction will not close for a very long time and the final selling price will go a lot higher. Therefore, smart customers will return to the site often enough to recognize the screen names of the following kind of shoppers:

• Those who consistently have a seemingly endless supply of bids
• Those who have a habit of overbidding the value of the auction product
• Those who have the habit of joining the auctions with a bunch of bids near the very end.

Any senior on a limited budget, like I am, must make wise decisions to get the most out of all of our bids. Some shoppers might actually enjoy getting into a bidding war, but some of us simply cannot afford it. Therefore, I return to DealDash often enough to keep my keep my list of power bidders updated.

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

Perhaps consistency is one of the most important things we need to win more auctions on DealDash.com.

If we consistently place bids in an auction, we will most likely eventually win it. To get a good idea how many bids it might take to win an auction, however, we should check to see how many bids previous winners placed in the same auction. Then, after we purchase our bids, we could try one of the following:

1. Place all of our bids into BidBuddy, the automated bidder. Then consistently add more bids and never stop until we win. Unfortunately, some customers end up over-bidding the value of the auction and never stop even when it makes more sense to BIN.
2. Place only some bids at the beginning into BidBuddy. Then only place more bids whenever the auction gets down to two or three players. This option could work well if we have the time to closely monitor the auction.
3. Place some bids at the beginning, and continue to place another 10 bids for every dollar amount the auction price goes up. Rationing our bids to make them last longer could work, but we run the risk not having any bids there when the auction closes.
4. Place some bids at the beginning of the auction and then wait until the auction reaches the average closing price before we add the rest of our bids. Adding several bids at the point where the auction usually closes could work.
5. Place some bids at the beginning of the auction every time that particular auction is listed. If we look at the selling prices, we will see that most auctions will eventually sell low. If we consistently place bids at the beginning each and every time this item goes up for auction, we have a good chance of being there when it sells low. In other words, we might have a much better chance of winning an auction by placing 50 bids in the auction 12 times (every time it goes up for auction) than we would by placing all 600 bids or more in one auction.

If one method does not work, it might be time to try another. We all need to figure out for ourselves which system works best based on our own personal budget.

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

Are you a Bid Wizard on DealDash.com?

Bid Wizards instinctively know where to be and when to be there. Bid Wizards are shoppers who consistently win auctions on DealDash using a minimal number of bids. Bid Wizards win great bargains because they have developed bidding strategies that work.

Let’s face it. Everyone can win auctions if they have plenty of bids to place into BidBuddy. It does not take skill to win auctions if we are rich enough to buy hundreds or thousands of bids.

Bid Wizard Rules

Of course the fewer bids we use to win auctions on DealDash, the fewer bids we have to buy. Therefore, Bid Wizards conserve bids by doing the following:

• Check the Winners’ List to see which auctions are selling for the least amount and for the fewest number of bids and then focus on winning those auctions.
• Always place a small number of bids at the beginning of the auctions we most want to win. We never know when an auction might close early and that’s when we want to be there.
• Place more than one bid in auctions that have the fewest number of competitors.
• Avoid bidding in the same auctions with power bidders who consistently bid over the value of the auction products.
• Look at the closing cost of the last seven winners and figure out the cost the auction usually closed at. Save bids until the auction gets to that “average” winning amount.
• Save the bulk of our bids until the auction gets down to the last two or three serious bidders.

By following these rules, we could become Bid Wizards, too!

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