DealDash Strategy For Change: Know When It’s Time
Every single day on DealDash hundreds of people bid at any given time, we all want the same thing, to win, but some more than others! I can’t stress enough how important it is to know the competition and what they are capable of. So, let’s say you do know the completion, you’ve been in this auction for two hours and suddenly someone jumps in who you know to be a late bidder. Now if you want to conserve bids, you have to back out or will soon be out of bids….and you knew this guy was going all the way, by going all the way, I mean, you know when to come back, after they have exhausted a couple hundred bids, and this auction isn’t going to end soon and requires great patience.
This is a strategy of many, many players. You must get to know them. On high ticket items there are the bidders who bid a lot early, go away, and come back tomorrow. They have no doubt had a strategy for change. It does take time to become familiar with the site, so do that first, but you have to know when your strategy is just out of date!
I know this because I have changed my strategy, I’ve had to, I’m bidding on a budget, you just don’t want your competition to know that. You know it’s time for change when you see yourself not winning as much as you used to, or you’ve gotten to know the site very well and you spread yourself too thin. I can’t tell you how many auctions I’ve lost doing that!
Spreading yourself thin should be saved for the sales where 100 auctions start at once, then I can see getting into 6 auctions, people make mistakes, and that’s how we win! However, on an average day, stay focused on a manageable number of auctions; one or two. That is the best way to conserve bids, because the odds are strongly against you winning every auction.
The you have the newbies who “you’re going to teach a lesson”, don’t do that, let them have it, they’ll be done and gone. It’s that simple, walk away from stompers, there is always someone else out there to teach them a lesson, don’t let it be you. Here’s the exception, you have 10,000 bids and won’t lose to anyone. This isn’t a great strategy it costs a fortune, but believe it or not, those players are out there. Newbies seem to love the smaller prizes, that is something you can put in your strategy.
If you are in a rut, and it happens, change your strategy. Don’t bid on too many auctions at once, stay focused. Stay away from stompers, you don’t need to teach them a lesson, karma will get them. Know the late bidders and return after they leave, unless it’s just you and him, then you would set your Bid Buddy and hit him with bids!
From day one you have been winning at DealDash and once in a while you may experience a losing streak, it’s normal. Don’t get discouraged, get smart, change your strategy, and win!
Good Luck and Happy Bidding!!!