Adapt To Be Successful on DealDash
I have seen and experienced a lot of changes in the bidding habits of long-time bidders, which I presume have occurred because of new bidders and of course the need to adapt.
Having been on DealDash.com for over two years now, I have watched and participated in many auctions. I have had to adapt my own bidding strategies by tweaking, readjusting and tweaking again in order to be successful and stay competitive. Knowing that you’ll have to adapt and continuously adjust your bidding strategy is important and will help you stay competitive too. What may have worked for you six months ago may likely no longer be a viable bidding strategy.
[Tweet “Intelligence is the ability to adapt to change – Stephen Hawking”]
While “newbies” have had the advantage to adapt quickly by reading some great tips and hints about being successful on auctions, not all of them have taken the time to adapt to those tips and have instead used all of their bids on any and all auctions.
In a recent bidding experience with several 2014 bidders, many were using their bid buddy and what I would call “playing nicely in the sand box”. Unfortunately, just because someone is using the bid buddy and letting others earn their time for free bids, they can also be driving up the cost of winning an auction. Rather than being focused on one or two auctions, one particular bidder was bidding aggressively on more than four (4) auctions at the same time! Since he had already won 5 of his 6 win allotments for DealDash’s Weekly Winning Limits.
The mentality of driving up prices and hoping to get “lucky” on one of those four auctions caused the price on all of the auctions to be higher. Of course knowing your DealDash competition is critical if you would like to win the auction. If you want to win and experience the “deal” in DealDash, then stay focused, use your time and bids wisely and adapt to different bidding strategies. We all benefit from those strategies. Happy Bidding!
By Joan Vith