Knowing “When” To Concede And Playing Fair On DealDash

As Christmas fast approaches, a lot of bidders are competing for the items you want to see UPS dropping off at YOUR doorstep this season. But, the simple truth is “You can’t win em all” as the saying goes. I recently was bidding on DealDash for a computer that I would have loved to win as a Christmas gift for my son. I had been bidding with three other bidders for hours and finally it was down to three of us. The other two had been in even longer than I had and were more invested. I then made the decision to drop out of the competition, conceding the auction to the other two….or so I had hoped since they had been there from the beginning and had a lot of bids invested.

In the morning, I checked my dashboard to see which of the two had won the auction and sadly, it was neither of them. A completely different bidder came in late and took it for 1/4 the bids that the others had bid for the item. I was very sad because that is what often happens when  no one wants to concede!

I have let my opponent take an auction when I realize how determined they are to win. I would rather a worthy bidder who invested the time, money and bids in the auction have the win than to let a late entry who comes in to “steal” it win. I realize it is perfectly legal and legitimate to come into an auction late and try to win the item. It is just not what I think of as “ethical” so I would rather concede the auction to someone who truly invested in it when I am at my limit for the bids I wanted to invest.

Now, I don’t mean that you can’t enter an auction late. It is something we all have done when the competition thins out, but when I see two bidders going at it for a long time, and it is very late in the auction (close to retail for example) I will NOT go in there to try and steal it because I think it is unfair to the two who have invested so much in and it drives up prices as well because a determined bidder will keep going anyway as they already invested a lot of money in that item.

I believe in karma and when I am ethical, it comes back to me. You should try it. That is when every one ends up with a piece of the pie and gets bargains. Concede to a fellow bidder once in a while BEFORE someone comes in to steal it for a few bids. It feels good and keeps prices down. Would you not rather a worthy opponent win it who has a lot invested rather than that late jumper? I would.  And, people DO notice when you are fair and ethical!

Happy Holidays and Happy bidding on DealDash.com!

– april485