Do you know about the Buy-It-Now option? Have you ever used it? Do you know when to stop bidding and use BIN instead?
If you cannot answer these questions, chances are you are losing more than you are winning. Nobody can win every auction, so it’s important to know what to do when you lose and when to do it. If you know when to BIN, you can at least break even.
Do you ever over-bid? When I was a Newbie, I did. Why? I grew up in a very large family and became a very competitive person because I had to compete for nearly everything. Therefore, I now thrive on competition. When I first started playing on DealDash, I did not stop to do the math. I just kept bidding. That was a huge mistake. When I finally stopped to do the math, I felt really stupid. Now I watch other Newbies doing the same thing I used to do.
I watched a player use enough bids in a $50 gift card auction that she could have bought four $50 gift cards instead of winning only one. It’s easy to get caught up in the fun, but whenever you over bid, you only make it more difficult for yourself and everyone else to win a bargain.
So do yourself a favor–learn when to BIN. If you purchase the item and get all your bids back free, you can use the same bids in another auction.
Winning on DealDash is one thing. Knowing when to BIN on DealDash is another. The most successful winners on DealDash are customers who do both.
Submitted by: Barbara L. Sellers.