DealDash Demystified




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!

dealdash.com
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.
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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).  dealdash-tutorial2
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.
 
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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.

 Best Buy

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.

 

kcups

canon_eos

GNC

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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!
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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.
 
 

7 Tips For Staying Focused on Your Auctions

FocusedIt’s easy to lose an auction. That is, if you’re not paying attention. Keep your eyes on the prize and don’t lose focus.

  • Don’t bid and multitask
  • Don’t bid and drive
  • Don’t bid and talk on the phone
  • Don’t bid while cooking dinner – or washing dishes – yeah, if you do that you may need to bid on a new smartphone or laptop 😉
  • Don’t bid then walk away from the computer for a minute, or even 7 seconds.
  • Don’t bid when your computer is about to do an automatic update
  • Don’t bid when you’re not paying attention

Okay, so it may seem pretty simple to stay focused on the auction you’re bidding on, but sometimes it really can be a challenge, especially if the auction has been going on for awhile.
It’s easy to get bored while bidding and even easily to open up a new tab and start browsing, playing a game or bidding in another auction even, so, with that said here are 7 tips to stay focused.
#1 Minimize Distractions
Before you start bidding make sure you are able to focus on the auction for as long as you decide you are going to watch and bid on the auction.  Set aside time to bid where you won’t get distracted. Find a quiet place to bid. Put headphones on maybe. If you have a hard time focusing on more than one thing. Turn your phone ringer off – set it to silent until the auction is over, or until you win. You’ll save yourself frustration and the other person on the line won’t be wondering why you keep freaking out.
#2 Set up BidBuddy – BidBuddy is DealDash’s automatic bidding tool that will let you set a predetermined number of bids, as many that you’d like to spend to try and win the item. It will only use your bids during the last few seconds of the timer. Others may be on BidBuddy too, and you won’t know it, but they also won’t know that you’re on bidbuddy. So set it and forget it, but really don’t forget it… Still watch and see where you’re at and how the auction is doing.
#3 Don’t multitask. Don’t open up new browsers and start surfing the Internet. Really, it’s easy to open up a new page and check something else out Online only to find when you switch back the auction ended and you lost your bids. Or – opening new browsers could freeze up your computer and not even let you get back on DealDash.
#4 Update & Clean Your Computer Make sure your computer’s software is up to date before you start bidding. A scheduled automatic update could suddenly force your computer to restart mid-auction. Also, make sure your computer is virus, spyware and adware free before you start bidding. Pop-ups and browser hijacking due to viruses and trojans will only wreck havoc, you’ll be unable to focus on an auction if you can’t get back in it. Some good, free software to use to clean your computer: AdAware, SpyBot Search & Destroy, Malwarebytes, Avast and AVG AntiVirus.

#5 Finish your chores first

Make sure dinner is already done. Laundry & dishes already started. Your homework or work obligations done. Your kids occupied or in bed. If you put off your obligations until the last minute and decide to take a break from them to bid, you are more likely to get distracted and lose an auction. So make sure that everything you need to do for the day is already taken care of before you start bidding.
#6 Train your mind to focus
Really, it seems easier than it is. It’s easy to get distracted while bidding, or while doing anything. Stop yourself if you’re beginning to lose focus. Apply this to all areas of your life, not just bidding, and you may just find more success when you manage your time and focus on the task at hand.  Start small with maybe just a few minutes a day and work up to larger amounts of time. If you find your mind wandering, just go back to bidding or whatever it is you’re working on.
#7 Set Goals and Time
Before you go into bidding write down how much money you want to spend at max to try to win an auction. Set how much time you want to spend bidding. Keep within this timeframe or budget and you will be less likely to lose focus on bidding.
What do you do to keep your eye on the prize and focus on the auction or task at hand? Tell us in the comments section!
Now is the best time to stay focused and try DealDash. Right now bids are only $0.15 each!
If you bid on DealDash share your tips with us!

Toilet Paper, Tide and Toothbrushes: The Secret to Learning How to Win on DealDash

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Are you new to bidding on DealDash auctions and want to know how to win?

The secret? Go for the toilet paper.

I know you want to win a shiny new Dyson vacuum cleaner, that way you can get your significant other or kids to actually want to clean the house, right?  Or  maybe you want a MacBook? or a PC?
But wait a second…
I wouldn’t suggest you purchase bids and go all out trying to win the big auctions, just not quite yet.
You need to start small and work your way up. Think baby steps.
Start out by bidding on items that you actually use in your day-to-day life.
DealDash offers really useful items. We’re not talking more iPods, laptops, Macbooks, chopping gadgets,  TVs, or ice cream makers, though these are all pretty useful and you really should bid on those, too.
So what are you going to bid on? Toilet Paper, Tide® and Toothbrushes. 

DEALDASH-TIPS-ITEMS

  • Bid on the things you wouldn’t be able to live without. Like toilet paper.

Yes, DealDash has toilet paper auctions. Really!

  • You need to wash clothes. Think Tide®. DealDash has laundry detergent auctions.
  • Clothes always wrinkled? How about a new iron?
  • If you own a car, you’re going to need to buy gas. Right? DealDash has gas gift cards.
  • Drink coffee and use a Keurig? Want a cup of tea? There’s even K-Cup auctions for you. Want a Keurig? Check.
  • Like snacking on cheese and crackers? How about Cheez-It Crackers? You can bid on these, too.
  • Wood floors need cleaning? There’s even auctions for wood flooring cleaning solution.
  • If you go out to eat, or go shopping at anywhere from Lowe’s, Bath & Body Works, Target, CVS, Amazon.com, Toys R Us, Red Robin, Chili’s, Kmart/Sears, JCPenney, even AMC gift cards for when you go out to see a movie, Applebee’s, Panera Bread, Boston Market, Staples, Dunkin Donuts, Barnes & Noble, Old Navy, Outback, Cracker Barrel, Walmart, new shoes? Foot Locker, to so many more retailers and restaurants.

It really is a no-brainer to bid on the items that you are already spending money on in your daily online and offline life.
Worried you might not even be able to win that $23 package of toilet paper, well guess what?
For each and every item you bid on at DealDash and don’t win, you can buy it now and get all of the bids you spent in the auction back into your account! Read more about how to bid on DealDash in DealDash Demystified.
This means you can use your bids again on another item you might need, this way you will be honing your bidding skills, making your name known (The Powerbidder’s Strategy to Winning DealDash Auctions), and after too long, maybe win your first big item!
Soon you may be winning items for less than you’d pay for them at the store. So, try it, “buy it now,” save yourself the gas and a trip to the store, and soon the delivery guy or girl will be bringing you your toilet paper. 96 rolls of toilet paper, if you want.
If you are brand new to DealDash, bidding on these useful items is a perfect way to learn how to bid, before you try higher valued items like new TVs, and other expensive electronics.
Bidding on what you need could help you win the things you really want.
Join DealDash  and buy bids.  But hurry! For a limited-time only, bids are just $0.18 each now $0.16, but you first must purchase a pack of them for $0.60 each if you’re a new user.

The Powerbidder's Strategy to Winning DealDash Auctions Part 3 of 3


The importance of watching auctions.

“So if you know the place and time of battle, you can join the fight from a thousand miles away. If you do not know the place and time of battle, then your left flank cannot save your right, your right cannot save your left, your vanguard cannot save your rearguard, and your rearguard cannot save your vanguard, even in a short range of a few to a few dozen miles.”- Sun Tzu, The Art of War
Following on from part I & II.
Now do you see just how important it is to watch auctions and “get to know your competition?”
The bidders that are intently watching will see that the bidder who appears to have placed upwards of $1k in bid m (granted you’ll have to have been watching this for a few hours) and didn’t win likely didn’t want to lose their bids so they used buy it now to get their bids back. Say they spent approximately $1k in bids, 1,666 bids at $0.60 each. Maybe even more if they purchased the bids during a bid promotion.
$0.60/1000= 1,666.66.
Right now, for a limited time, with DealDash’s Christmas promotion bids are $0.18 each. $1,000/$0.18 = 5,555 bids.
Each bid placed by a bidder resets the auction clock by 10 seconds. Can you imagine just how long the $1k auction would go on for? 1 bid = an additional 10 seconds may equal 55,500 seconds (more or less). This is equal to perhaps at least 15 hours of bidding, then add another bidder bidding against this one bidder, and others every now and then. This is if the timer was reset each time towards the very last second of bidding (more on why you shouldn’t always bid last minute in a future tips article). Depending on the number of opponents and frequency of all users bidding, these two bidders could bid for well over 20 hours! Of course not all auctions last this long, but it has happened! This just goes to show that a penny auction on DealDash for a popular, high priced item could take a lot of time before it sees an end.
At $5.00 auctions are closed to new bidders, this is a good idea as it helps to decrease auction times and competition.
Should you be a powerbidder?
This is really up to you to decide, and there are other strategies that you could use that you will be able to learn about here in this blog in future articles.
Just remember it takes time, focus, patience and money (or winning a lot of bid pack auctions) to be a “powerbidder.”
What do you think of the powerbidder strategy? Are you glad that DealDash sets both time and win limits?
We want to hear from you and would be honored to feature your bidding stories here.
Don’t forget to share these articles with your friends!