So you’ve looked over the DealDash site and found a number of items that interest you. You’ve decided which one you are going to focus on, how much you are willing to pay for that item and are planning on sticking to that budget. Have you bought your bids yet? What was the cost or how much did you pay for them?
My advice is “don’t buy bids at full price unless you absolutely cannot avoid it”. In my opinion, if you paid full price for them, you did not make an educated decision and here’s why I say this. While DealDash does sell bids for 60 cents each, they frequently run sales on their bids at a reduced cost. The minimum purchase of bids is usually for 200 – 220 bids. When DealDash has a sale on bids, the discount available reduces the cost by as much as 75 percent. Once you have purchased your initial bid pack, you can bid on any item you want including other bid packs available at auction. The bid backs available at auction come in a wide variety of packages, including packs that have as few as 25 bids and as many as 5000 bids.
While DealDash provides discounts for purchasing some of their bid packs, they also have special auction times when the winning bidders pay either 50% of the cost for the winning bid, or get it free except for a 1-cent processing fee. Honestly, because of my limited budget and cost of bid packs at full price, I haven’t even really considered bidding on the bid packs. There seems to be such a crowd trying to win the big bid packages that I imagine I would go through my purchased bids way before the end of an auction.
What is wonderful about DealDash is that if you do bid on something, and you are not the winning bidder, you can purchase the item for exactly what it retails for and get back the bids you used on the auction. This is called the BIN (Buy it Now) option. Something else you may consider is the Exchange for Bids process. This is when you “give up your win”, in exchange for bids.
Yes, it will cost you to play and you will need to buy some bids initially at retail price. Then you have to strategize on how you use those bids in the most cost effective way. In 12 months, I have earned more than 1500 free bids just by filling my bid meter and taking advantage of participating in auctions during the times when DealDash offers double or triple credit for the time you are the highest bidder.
Taking advantage of one of the free weekends, I bid and won a Science Tech Galaxy Planetarium with Night Light. It was a big hit at Christmas time for six year old and 8 year old brothers who share a bedroom. The item retailed for $37.00. It sold for $7.34 and I placed 104 bids to get it. I used 75 of those free bids I earned so I only had to consider the cost of the remaining 24 bids, approximately $3.50, plus the 1-cent administrative fee payable during free weekends.
By Mary Dowdell
I have been a DealDash customer since August 2013. I am grandmother of seven and a resident of Virginia.
