Did you notice one of the latest icons on DealDash.com?
It is identified with a round blue circle with a robot in the middle. If we click on it, we can see that it’s called an “Overload Auction.”
Introducing Overload Auctions
The special rules for auctions marked in the upper right corner with this icon say that we are not allowed to place more than 100 bids into the automated bidder, BidBuddy. Now what does this mean, exactly?
I asked a DealDash customer service representative to clarify this question because I was not exactly sure if we were each only allowed a maximum of 100 bids during the entire duration of the auction or if we could never have more than 100 bids placed at any one given time until the auction closes. It appears it would be the later.
The way the “Overload Auctions” were explained to me is that it only means that when we participate in these auctions, we are simply never allowed to have more than 100 bids placed in BidBuddy at any one given time; and we are not allowed to place single bids.
For example, if we place 100 bids into one of these auctions and later see we are down to 50 bids, we would be allowed to place another 50 bids to bring our bids back up to 100. If we were to place 60 additional bids, then only 50 bids would be placed into Bid Buddy and the extra 10 bids would automatically go back into our account.
Therefore, the “Overload Auctions” probably would not be the kind of auction we would want to participate in if we just wanted to load up BidBuddy with lots of bids and go to bed. The “Overload Auctions” are the kind we need to be watching so we can add more bids if and when needed.
A varying No Jumper limit
Whenever DealDash has a special event, we will see it designated in the left side of the header on the Home Page, like it is as of this writing. Now what does that mean?
Normally, we will see the “No New Bidders!” yellow banners show up on an auction when it reaches $5.00. However, when DealDash has a “Varying No New Bidders Limit” it means that some auctions will allow “No New Bidders Limit” for even less than that. It might be set to block all new bidders at only $2 or $3 or $4 instead. To know what amount has been designated for each auction, we must open the auction and look at the top right of each auction listed to see what it says.
If an auction says it will have a “No New Bidder’s Limit” of only $2.00, that might be a really good auction to participate in because it probably means there will be far less competition in that auction than there might be otherwise. Many of the other shoppers might not notice the auction will not allow new bidders after it reaches $2.00 instead of $5.00.
In fact, while I was writing this blog I was looking at several “Varying No New Bidders Limit” auctions to see how low they would go. I found a 4-piece double bed sheet set with a “No New Bidders Limit” of only $2.00 so I decided to place some bids on it. Guess what? It sold at only $2.47 and I won it after placing only 15 bids. Wow! That made my day.
The bottom line
Before placing our first bid we must understand what particular rules have been designated to each auction. By introducing various new icons DealDash keeps this shopping site as fun and exciting as it was from the start.
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.