Tag Archives: DealDash Winning Tips

Guide to Using DealDash BIN Wisely

DealDash Are you using the DealDash BIN feature to the best of your ability? Read these tips and figure it out!

DealDash is such a fun place to shop and win auctions! Are you using your bids wisely or are you just bidding all over the place? Don’t bid all “willy nilly”, use your bids wisely and don’t waste your bids. Use the BIN feature to maximize your savings. I would love to help you make sure that you’re getting the most for your money, so read on for more information.

Be Wise – Use BIN on DealDash

Using your bids wisely sometimes means that you know when to stop bidding. There will be times that you win an auction on DealDash, and times you should BIN. When you BIN, it means that you are “Buying It Now”. This means when you pay the price that’s listed on the auction, you will receive the bids back that you used on the auction.

When Should I Stop Bidding?

There is an easy way to tell if it’s time to stop bidding. First, see the maximum amount of bids that you can use to “break even”. Next, compare the number of bids that you have already spent to the current price of the auction.

Simply multiply the number of bids you have used by the amount that you paid for each bid. If you don’t know exactly how much you paid, no problem. Bids are typically priced between 12 and 15 cents. I usually use .15 as my multiplier. Here’s an example:

If you are bidding on an auction that has a BIN (Buy It Now) price of $200, take $200 and divide it by .15 (or however much you paid). With this equation, you get the number 1,333. This is the maximum number of bids that you should use if it happens to be a “Free Auction” promotional event. Otherwise, compare it to the current auction price. It sounds complicated, but it’s really simple once you get the hang of it!

It’s Easy to BIN

Using BIN is wise, and it is super easy! Just look at the picture below. See a big black box? At the bottom of the box, on a gray button,  you will see text that says “Buy this item for ___” When you want to BIN, just click the gray button. After you have paid for the item DealDash will refund all the bids you used to try and win this auction.

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Thanks for Reading

I hope that you found this DealDash Tips article on using Buy It Now helpful. Now, be sure to check out DealDash and see what you can bid on. DealDash has everything you need for your home and family. Have a great time and happy bidding everyone!

 

DealDash

This sponsored blog post was written by Dawn E, a mother of 3 who loves DealDash. Dawn was compensated by DealDash for this blog post. Read even more at DealDashTips.com or on her own blog, DawnBlogtopus.

Helpful DealDash Tips

5 Tips to Boost Your Winnings

Like most of us, I have had my ups and downs winning on DealDash. Now that the holidays have past, I hope to have a few more wins on DealDash this year. These are 5 tips to help boost your winning on DealDash in 2014.

1.  Buy Bids on Sale – I prefer to buy most of my bids while they are the cheapest at $0.15. I feel that way if I have to use more bids that I want to, I can maximize my out of pocket when I do win this auction.

2.  Bid at Different Times and Keep Tabs on Your Auction – Timing is everything. I have won some of my best auctions while working or sleeping. It doesn’t always happen but you will never know unless you try. I usually plug in my starting bids into my Bid Buddy then check periodically to see how I am doing and if I need to add more. The worst feeling in the world, is to check your auction, only to see you were the runner-up. In others words YOU LOST

3.  Identify Power Bidders – I try to stay out of the auctions with the Power bidders. You know who they are, hopefully ! No need to name names. Those bidders usually do not care how much it takes to win and you are just a stepping stone. Oh I admit I may “waste” a few bids to “teach” them a lesson. Yea right ! In my mind anyway.

4.  PAY ATTENTION – So many times I get off doing other things, like Blog posting, and I realize I am bidding via my Bid Buddy, only to go back and find out the auction ended in the meantime. Makes me very sad. Here’s a good article to help with paying attention – 7 Tips For Staying Focused On Your Auctions.

5.  Bookmark the auctions you really want to bid on or watch. If the price goes to high just uncheck that auction and refresh. This helps me to have all the auctions, both ongoing and up coming, so I can see them all on one page. I don’t want to sift through all the auction pages to find the auctions I am interested in. That’s what those little stars are for in the top right-hand corner of the auction window.

Bookmark Auctions

Just remember to also be a good person when you bid. Our desire to win tends to bring our the claws ! It happens ! I try to be a good bidder while I am in an auction, allowing the clock to run so all can accumulate free bids. I like to show the occasional bid stomper that I am indeed there and watching and I do care that you are chomping into my highest bidder time. But try to be the kind of bidder you wish everyone was.

Have you read this article? Knowing “when” to concede and playing fair on DealDash