How My Biggest Mistake Changed My Bidding Strategy

Ironically, the biggest mistake I ever made on DealDash.com also turned out to be my best win—same auction, two different times.

When I first saw the 5,000 bid pack go up for auction on DealDash.com, I wanted to win it in the worst way. At first, I did not bid on it because I knew everyone else would want to win it just as badly as me, but I kept checking it out, anyway.

One day it appeared that not very many customers were going for it and I thought it might close early. Therefore, I decided to go for it. Every time it looked like it would soon close, however, someone new would jump in and start bidding.  Before I realized it, I had over-committed myself, but instead of quitting at that point, I felt an even stronger need to win it. Well, that turned out to be a huge mistake. I bought (on sale) and used more than 5,000 bids in my effort to win the 5,000 bids, and I still do not win. I ended up having nothing to show for it, and that taught me a lesson. It is so important to know when to quit, and sooner is often better than later.

After that, I decided the only way I would ever try to win the 5,000 bids again would be to place only a reasonable number of bids in the beginning of each auction. That strategy paid off. One day I only had 153 bids left and I placed all of them on the 5,000 bid pack just before going upstairs to watch TV.  Later on, I came downstairs to see who won and I was shocked to find out it was me. That 5,000 bid pack auction closed at only $9.26 and it was my very last 153rd bid that won it. Talk about luck!

Note: Written by Barbara Sellers, resident of Tacoma, Wash., who has been shopping on DealDash.com since Feb. 8, 2012. Barbara is on Level 48 and has won over 560 auctions.