If you’re one of those bidders who just and bid and end up losing tons of money, and believe me, even the most conservative spenders can get carried away when they get started on a penny auction site (I’ve been there), learn how to make the most of your bids.
How to Make the Most of Your Bids on DealDash:
1. Don’t “bid throttle” – Slow down! This means don’t just bid right away and blast away your bids by bidding right after anyone else bids. A lot of people get carried away and frustrated that they aren’t able to win right away, so what do they do? Blast away TONS of bids when they really shouldn’t. If you are bidding and someone else bids against you, then you place a bid and they bid against you again notice how other bidders that were also there bidding before you started to bid have slowed down? They’re still there and waiting for you (or the other bidder) to drop out… Watch out for this and don’t get carried away so that you place way more bids than you need to.
2. Stock up and Save!
Okay, I know that sounds like a weekly supermarket ad – BUT, it’s a great idea to stock up on bids, so that you can save money in the long run. Ways to do this would be to watch out for bid promotions and purchase bids in BULK when they’re on sale. For instance, the cost of a bid in an initial bid pack is $0.60 a piece. If you wait or get in on bid pack sales you can get them for as low as $0.17 or even less! There’s currently a bid promotion for Mother’s Day where bids are now $0.15 each.
3. Don’t win? Get ALL of your bids back
Huh, What? You can get ALL of your bids back? I know what you’re thinking… how can that be? Well, DealDash lets all bidders get their bids back if they don’t win an item by using “buy it now” to buy the item within 7 days from the auction close date. This is great if you really want the item you were bidding on and don’t like to lose money by losing the bids you placed. So definitely use buy it now when you bid and don’t win.
4. Keep track of your win limits and make the most of them!
All bidders can win up to 6 items valued less than $200 and 3 items valued more than $200 per week.
You can keep track of the status of your wins by looking at the win limit slots right next to your bid balance amount on the upper right-hand corner of DealDash.com.
5. Bid wisely.
Only bid on items that you really want or need and that you would be able to use buy it now on to get all of your bids back and minimize losses.
Do you bid on DealDash or any other penny auction? Tell us about your bidding tips! Good luck, win tons!
Photo Credits 401kcalculator.org
Tips to Win on DealDash: Your Bidding Buddy
Do you have a bidding buddy? And no, we’re not talking about a friend who tells you when to bid against them and when not too: note this is called collusion and it’s against the terms & conditions, not to mention it’s unethical.
Tired of clicking the bid button?
Make bid buddy your bidding friend. Bid Buddy is an automated bidding system provided by DealDash and accesible in the interface of each auction item
How it works is you input the amount of bids you would like the BidBuddy system to bid for you in the bid field, you must first have the amount in your bidding balance.
You can also tell the system the start and end time you would like to bid from. Once it’s set sit back and watch the computer bid for you.
Getting started:
1. Under where it says BidBuddy – Your Automatic Bidding Tool type in the number of bids you would like BidBuddy to bid for you – then click “Book a BidBuddy”
Advantages to using DealDash’s bid buddy.
- -You won’t risk losing to another bidder if you miss the bid button, if your Internet connection disconnects, if you computer is slow, or due to internet latency if you place a bid too close to the end time and the system does not register.
- – You don’t know if any other bidder is on bid buddy though, and they won’t know that you are. What happens is with each bid round bids are placed by the system by bidders on bid buddy and you can’t control or predict when the bid buddy will fire or when your’s will, but it will fire when the timer goes down and no one else bids and another bidder isn’t on BidBuddy.
- – Keep an eye on how many bids you have left in both your account and in your BidBuddy bidding queue, You don’t want to run out of bids and lose anticipating it to place another bid from your account when you don’t have any left.
- – If you want to try to win the item and if you don’t win, but plan on using buy it now, just set your Bid Buddy for the full retail amount and forget it. Check back later and see if you won. If you didn’t all you have to do is buy it for the stated price and then you will get all of your bids back. Just be sure you buy it now before 7 days from the auction date have passed. Learn more about buy it now on DealDash and save money on everything you want!
Try DealDash today and use BidBuddy to bid on DealDash.com!
DealDash Bidding Tip: Stay Focused
I must admit, the biggest problem I have is patience. Waiting it out is not my forte. One of the best DealDash tips I can give you is to stay focused.
I have lost more auctions by putting a few bids on my Bid Buddy and either walking away to do something or getting involved in my Mahjongg game only to come back a find out I lost the auction. And to add insult to injury, I was the second to last bidder. If only I had stayed focused, I could have at least had a chance. It just happened to me very recently. I was bidding on a Monarch Specialties White Juvenile Chair and Ottoman for my grandson and I plugged in a few bids, walked away, came back to find several other bidders had dropped out and then my bids ran out, making me the next to the last bidder, or the loser!!
Previously I was lucky enough to win a Manual Series 92-inch Projector Screen by Elite Screens for $1.78. I then needed to try for the projector to go with it. Once again I was just 2 away from winning and the projector which sold for $0.91.
Thus I have to try very hard to change how I bid in the future. I need to remain focused and not lose site of what I want in the end – the win! I hope maybe DealDash will add a feature for us “drifters” in the future and add a verbal or noise alert when our bids are about to run out. I know it would help me! Until then I will be more diligent when bidding in the future.
I have been shopping as a DealDash bidder since 9-2012. I have won over 150 auctions. I live in Ohio with my family. Written by Kim Finnegan
ALSO SEE: Patience, Patience, Patience
Why Buy it Now on DealDash?
What’s this “Buy It” on DealDash you’re wondering and why should you do it?
Really, the question shouldn’t be “Why buy it now?” but “Why not?”.
DealDash’s “Buy it now” option makes this penny auction site one of the most sustainable entertainment auction sites on the web.
Buy it Now is a great feature offered on every single item that DealDash auctions from bid packs to gift cards to swimming pools, colorful Kitchen-Aid mixers, iPads, HDTVs, laptops and more.
Bidders love buy it so much because it allows all bidders to try to win an item they want without losing money.
Take a look, for instance, at this upcoming item for a brand new HP Split 2-in-1 13.3″ touchscreen laptop.
The retail value of the laptop is $849.99, so the buy it price is a $200 clearance discount off of the original price and this little laptop is a powerhouse of features and flexibility, and it’s super lightweight to boot at only 4.4 lbs. So say you plan to bid on this laptop with purchased bids (which by the way, are on sale at only $0.16 a piece right now) and say they don’t win the item and have already spent $600 and the auction ends with someone else as the winner.
You really would feel terrible if you just lost out on the $600 you spent in bids (which really had to have been a lot of bids (3,750 at the sale price of $0.16 to be exact) so what does DealDash do to make losing easier on you?
DealDash lets you buy it now!
If you didn’t win the auction for the new HP ultrabook, if you decide you would like all of the bids you placed back and you really want the laptop, for up to 7 days from the time the auction ends DealDash will let you buy the item and get all of the bids you used bidding back in your account instantly!
DealDash makes it super easy to do too: All you have to do is click “Buy it now” on the item after it’s already ended and pay $650, and you will get ALL of the bids you placed back into your account to try again next time. Most penny auction sites don’t let you do that, you would have just lost $600!
Step 1: Click buy it now, it’s right under the bidding area on the item’s page!
Step 2: Click buy it now on the second screen that pops-up over the item. Pay $650 and your new laptop will be shipped to you free of shipping charges – The ultrabook will be covered with a full manufacturer’s warranty from HP!
Good luck and happy bidding and buying on DealDash!