New to DealDash and have never heard of penny auctions before?
It’s about time you did. You could be missing out on some great deals!
What Is DealDash?
DealDash.com is a pay-per bid auction, popularly known as a “penny auction.”
DealDash launched in the United States in February of 2009 and is the longest running penny auction site of its kind.
What does it mean to pay-per bid, and what’s a penny auction?
Penny auctions operate a bit differently from traditional online auctions where the last bidder to place a bid wins.
First, all auctions on DealDash start at $0.00 and have no price reserves. Each bid placed raises the auction price by $0.01 and the time on the auction clock by 10 seconds.
To bid you have to first register, next, buy bid credits.
Bids on DealDash.com are $0.60 each, but with the current Christmas Gift Clearance promotion bids are just $0.18 a piece.
Bids must be purchased in bid packs ranging in packages of 200 ($36), 450 ($81), 950 ($171), 1,500 ($270) all the way up to 2,500 ($450).
How do you win an auction?
The object of winning an auction on DealDash is to be the last bidder to bid when the timer hits 0. In other words, there must be no opposing bidders to place a bid after you have.
There’s no telling how many bids you will have to place before you win.
You could win an item with just 1 bid, or 100+ bids.
What’s the catch? There really isn’t one.
Say you’re a photographer and really want to win a new Canon lens, so far you have spent a bunch of money on bids trying to win it, and suddenly you get distracted by something else on the Internet, or your Internet connection mysteriously disconnects, bummer.
You were either already going to purchase the same lens and were just trying to score a deal, or you don’t care that you lost money. If you were wanting to purchase the lens before you started to bid, you’re in luck.
DealDash’s “Buy-it-Now” saves the day!
On DealDash if you don’t win an auction, you can use “Buy it Now” and get all of the bids you placed back for free. You can rest assured that the item is brand new and backed by the manufacturer. Payments are accepted by either credit card or PayPal.
Take a look at a few recent deals scored by DealDash Bidders:
All auction end prices reflect the amount of bids collaboratively received in each item, $0.07 = 7 bids.
What other items can be won?
DealDash auctions include major league baseball memorabilia, digital cameras, surveillance systems, iPads, bid pack auctions, small household kitchen appliances (Keurigs and K-Cup too!), and tools, video games, game systems, gift cards, CDs, water bottles, laundry detergent, seasonal items, kitchen tools, Bose speakers, GPS’s, laptops, iPods, and so much more.
What do you do once you’ve won?
After you win an auction be sure to go to “My dashboard” and your “Won auctions” to pay the final end price for your win. All items are shipped for free within 10 days.
How many items can you win?
You can win 6 products worth $200 or less and 3 valued at over $200 per week. Once you’re logged in there’s an indicator on the top of the site that keeps track of how many items you’ve won for you.
For 1 bid you can see who is at their “win limit.”
All items on DealDash are brand new and come with standard manufacturer warranties.
DealDash has over 2 million registered customers, won’t there be a lot of competition?
DealDash knows that the auctions are competitive, that’s why all auctions are “No Jumper” auctions. This means that after the auction price reaches $5.00, no new bidders can enter and try to win an item.
Why would you really want to even bid on a penny auction site that didn’t have buy it now? Try DealDash.com for yourself, you will see just how risk free it is!
DealDash Fair Auction Guarantee: DealDash guarantees that all bids made are 100% legitimate and that strict third-party audits are performed on the bidding platform to ensure and maintain complete integrity of the auctions. Employees and immediate family members of employees are not permitted to participate in any auctions run by DealDash.
Now that you know how DealDash works register and get ready to win!
Let us know about your DealDash bidding story and you could be nominated as the DealDash Bidder of the Week.