DealDash Bidding Tip: Just Take It Slow
Hi New/Future Bidders,
I would like to share a little bit of information about some of the behavior I’ve noticed of new bidders that could prevent successful bidding and possibly discourage you from returning to DealDash after your first bidding experience.
First it appears they buy some bids and just start bidding. Bids have a value and it is not beneficial to spend a hundred dollars worth of bids on a fifty dollar item. I suggest slowing down and taking the time to read all the very beneficial information DealDash has available to support success.
Second, rather than using the BidBuddy they will manually place a bid between each of the other bidders. This behavior will use two, three, four or more the number of bids and the odds of winning an item are extremely low. It will look like your on top but each time you get to zero a BidBuddy bidder will take top position.
That said, I suggest slowing down and taking the time to read about the use of the BidBuddy as it truly is a buddy and this will give you the best opportunity for success. Plus, double click on the item you are bidding on so you will only see that item and a list of the other bidders in the auction. If you don’t see the other bidders avatar, on the left, try looking up in the address bar just to the left of the refresh button for what looks like a square broken in half. If you see it there right click on it and this should bring the other bidders avatar into view.
A couple of personal tips I use before bidding on an item are; first I check the price on the internet so I will feel comfortable using the Buy I Now (BIN) option if I don’t win the auction. If the item seems to be over priced (rarely happens) I choose not to bid on it. Next; I keep my calculator minimized at the bottom of the page so I know how many bids I will need and my limit of how many bids I will use on an item.
Example, I take the price of item and divide it by the price of the bids that day. If the item is valued at $57.00 and the bids are $.17 I divide 57 by 17 and I will purchase at least 335 bids for that item. Of course, each auction starts with the item at a price of zero and continues up in price one penny at a time. Therefore, it’s worth starts at 335 bids but as the cost of the item continues up in price from zero to lets say $20.00, for the winning price of the item, I will consider reducing the number of bids to 217 to win the auction because paying $20.00 for the item reduces its bid value to $37.00 or 37 divided by 17 or 217 bids to equal the $57.00 value of the item.
I hope this has been beneficial because my experience on DealDash has been very good and I would like yours to be too.
Happy bidding!