If you’re just getting started at DealDash you might be puzzled at all of the different ways that people use to bid on items. Be mystified no more, here is a handy guide to a few different bidding styles.
I know when I first got started with DealDash a few years ago I was seriously confused…When you think of bidding in an auction you might picture an auctioneer raising the price higher and higher as people commit to paying a certain amount of money. Well, online auctions are totally different. Not only do the customers dictate the price by raising the price of the item by 1 Penny every time they bid, bidding is not as straightforward as you might think. Here are a few different ways that people bid:
The Newbie: The Newbie tends to be overexcited about their first few times on DealDash, and they bid like crazy on every auction on the home page, without even opening up the item page or doing any research whatsoever. This bidding style very rarely wins anything, and just leaves the bidder frustrated.
The Stomper: Everyone hates The Stomper. The Stomper picks an auction, and rather than bidding politely and waiting for the timer to go down to 2 or 3 seconds they bid immediately after a person, therefore cheating the person out of their “clock time.” The Stomper is not the best way to bid, because it usually ends up making people angry and they will just keep bidding til the BIN (Buy It Now) price any possibly even beyond just to spite The Stomper. However, occasionally being The Stomper can win you an auction, especially if you are bidding against The Newbie, because as we talked about above The Newbie is easily frustrated and will move on pretty quickly.
The Bid it and Quit it: The person who uses “The Bid it and Quit it” style tends to spread out small amounts on bids on many different auctions in the hopes that they might get lucky and have one of the auctions that they picked to The Bid it and Quit it are one of those magical auctions that ends for just a few cents. This bidder tends to do some research on when is the best time to bid, as well as picking lower value auctions that might not be as popular. On first glance you might think that The Bid it and Quit it and The Newbie are the same, but they are really very different – The Newbie is surprised and frustrated when they don’t win, and The Bid it and Quit it doesn’t really expect to win, they just like the thrill of possibly winning something for pennies. The Bid it and Quit it treats DealDash as if it’s a virtual scratch ticket, tossing away $5-$10 in bids in hopes of a big payoff.
Those are just a few of the ways that people like to bid on DealDash. What’s your favorite way? Please stay tuned for future blogs where I will discuss more advanced ways to bid. For now, check out the auctions and see what you would really like to bid on, and try my tips to save bids. See you on DealDash everyone! Good luck and happy bidding.