What To Do When Many People Are Bidding
Here are a few DealDash bidding tips and strategies to keep in mind. Follow some of these basic steps when trying to win the more expensive items and when there are many people bidding in the auction.
1. Make sure you get a bid in before it gets to the $5.00 range.
Why? DealDash has No Jumper™ Auctions.
The big difference between No Jumper™ auctions and normal auctions is that new bidders can’t enter the auction after $5.00. This means you won’t have to compete with users that didn’t bid in the auction from the start, before the price reached $5.00.
2. Keep watching the item to see when the amount of bidders get less.
No sense in bidding while you can see several others are bidding; especially if you can tell they are on their BidBuddy.
3. Occasionally put in a few bids, but not many. Save your bids.
This helps you keep a pulse on the auction and how it’s developing.
4. Be aware that sometimes bidding can go on for more than a day.
With a high value item; be prepared to follow, watch and study the auction as it’s possible to go on for more than a day.
6. Once the bidding is between two and three people, starting your bidding.
Once you see the auction calm down to just a few bidders, make your move.
Hopefully the other bidders are almost depleted of bids and you have yourself a winning outcome. This process has worked for me on several occasions, but not all which is why it’s good to also be prepared to use DealDash’s Buy it Now option. If you don’t win the auction, you can buy it at normal price to get the bids you used in that auction back. The Buy it Now option is available for a full 7 days so you have a good amount of time to decide, even though it’s good to make this decision before entering the auction.
– dondra48