Rationing Bids So They Last Longer

When shopping on DealDash.com there are several different ways we can ration our bids to make them last longer.

Bid Saver 1

Experienced shoppers use BidBuddy, the automated bidder, so our bids are not used until or unless they are needed. New customers often waste bids by placing one bid at a time from the home page because they have not yet found or know how to use BidBuddy. Double click on the auction you want to win and place your bids into BidBuddy.

Bid Saver 2

We cannot always predict at what point an auction will close, but we can usually get a pretty good idea by looking at the closing cost of the last 10 winners. The first thing we will want to do is to ensure that we place our first bid before all new bidders are locked out — which is usually at $5.00 but is sometimes at $3.00.

Let’s say we have 125 bids and the auction we want to win usually sells between $10.00 and $15.00. We could ration our bids by placing 25 bids for every dollar the auction goes up, starting at the $10.00 mark. If we are competing with three other shoppers, we would have enough bids to cover ourselves with no gaps in-between. By stretching our bids this way, we might be there when the auction closes. If the auction closes early, however, we would have to wait until the next time the product goes up for auction

Bid Saver 3

If we have our eye on winning a particular product, we might want to do a search on the product. For example, if the same product is scheduled to go up for auction seven more times throughout the day, we might want to ration our bids by placing 27 or 33 bids on each one. I suggest 27 or 33 because they are odd numbers. Other shoppers might be more apt to play 25 or 30 and in that case, we would outbid those other players by placing an odd number of bids in the auction. If just one of those auctions closes early we will be there when it happens.

Link to DealDash.com

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.