DealDash Tips to Be an Organized Bidder

Being organized on DealDash is a key element to being successful. If you’re a new bidder be sire to read these tips so you can start off ahead of the game.

When you first sign up to DealDash you need to get (and stay) organized. An organized bidder is a winning bidder. One of the first things that I would suggest that you do is make yourself an Excel spreadsheet. This spreadsheet will be useful for many things that I will tell you about later on in this article. The information will help you make educated decisions when bidding in DealDash auctions.

Keep Track of Bidders

One of the first things that you are going to want to keep track of on your Excel spreadsheet is bidder names. You’ll want to make a notation of any Power Bidders that you recognize, what they’re bidding on, and what price the auction ended up costing. This will be important information, you will eventually uncover different patterns in their bidding preferences and styles.

Keep Track of Auctions

Next, you’ll want to make a notation of the DealDash auctions that you enter. You’ll want to put the name of the auction and how many bids that you placed. You’ll also note the final auction price, and if you won or lost. Finally, you’ll want to note the time and date that the auction started and finished. This information will become useful in figuring out popular bidding days and times.

Your Wins and Competition

You’ll also want to keep a separate area with just your wins.  This will help you stay organized when bidding, and you can be sure that you aren’t “double buying” anything. It will also be helpful to note which bidders were your stiffest competition, and what dollar amount they dropped out at.

Your Budget

Don’t forget to write down every time you make a purchase of bids or BIN (Buy It Now) to help keep you on your budget. Sometimes it’s hard in the heat of bidding to not pay attention to how much you are spending. Keeping a list of bidding and BINning expenses will help you stick to your budget.