DealDash.com – Winning 101

Real bidding advice from Bryan and Debbie – Listen to learn how to win more auctions with fewer bids on DealDash.com!

Debbie and Bryan both agree that studying the site before you set out to win that new laptop is the best way to go – winning auctions is a skill so watching, learning, and practicing is the best way to get the most bang for your buck! They discuss issues like bid stomping, the different parts of the site that have information you can use to plan your winning strategy, and the bidders who win big. They also think it’s important to know all the different ways you can earn free bids, what you can buy on DealDash, and who you can contact when you need help!

Debbie and Bryan have years of experience bidding on DealDash, so listen to the podcast to take the quick path to success on DealDash.com!

ARE YOU SABOTAGING BIDDING SUCCESS? – By Another Satisfied DealDash.com Bidder

Greed, fear and hope can be dangerous emotions if we let them drive our financial decisions, cautions Jason Ramos in a blog article published on Wealth Lift’s website. Ramos directs his warning at investors but it applies to bidders too, especially when we add a fourth and potentially the most sabotaging emotion to the top of the list.

Call it feeling frustrated, ticked off, annoyed, irritated or enraged, it takes only a second for anger to drag us blindly down a bidding path that we otherwise would avoid.

Our anger may be directed at bidders who cut into our clock time — and free bids. Or maybe it’s the long line of bidders waiting to jump us at a No Jump auction that ticks us off. Either way, abandoning our bidding rules to teach them whatever lesson we’ve decided they should learn doesn’t enlighten them.

It hurts us.

An odd phenomenon occurs whenever shiny, expensive electronics come up for auction. Even if we’ve already spent this month’s bidding budget and have three computers at home, suddenly we’re convinced that this MacBook Pro or 72-inch television set has our name on it. Mine, we think. I’m going to win. The problem happens when fifty other people simultaneously think the same thing.

We load up our Bid Buddy and then watch as the auction we felt certain we’d steal for eighteen cents goes on all day, into the night, through the next day and the one after that. Then just when it looks like we’ll finally prevail, the next in what we discover is a long line of bidders, jumps us at a No Jump auction. Even if we manage to drive off one jumper, another one takes his or her place. Like ants, the more we get rid of, the more come around.

As we watch the price rise we’re clear on only one idea: our bidding long ago passed the point of no return, that place where we’ve spent too much to walk away and we can’t afford to BIN (Buy It Now at retail price and get our bids returned). So we pump more bids into the automated bidder wishing there was a 911-Help-I’m-In-Over-My-Head Hotline for Bidders we could call.

We don’t want to think about how much money we’ve spent. We just want to win, even if that means losing because we pay more than the item’s worth. That’s when anger can escalate into fear. What were we thinking of? Well, probably that we’d win but most likely, we didn’t think. We bid based on how we felt.

Hope is not a winning strategy, according to the money gurus.

On my smarter days when I find myself in bidding hot water, I collect my senses, BIN, get my bids returned and vow not to do this to myself again. Here are some suggestions for how you can avoid the emotional traps that sabotage bidders and instead develop your own strategies for bidding smart.

Change hope to strategy by researching first, before you bid. Most of us have heard the adage, Information is Power. The reason that saying has been around so long is because it’s true. DealDash.com makes it possible for all bidders to stay equally well-informed. The Winners List at the top of the DealDash.com home page gives detailed information about how much an item has sold for in the past, who won it at auction and the day of the week and time of day it sold for a particular price. Each item auctioned has a home page that gives detailed specs. It’s also where we go to use the automated bidder. The spec page gives us a chance to review exactly what it is we’re bidding on and potentially buying. When emotions are driving our bus, it’s easy to forget that we may not win. Make sure you’re bidding on something you want, that there aren’t any glitches in that shiny, expensive electronic that will make it not-right for you. Get in the habit of using the auction search function, too. By searching for upcoming auctions on an item, we may find a different model – one we like more – or an auction taking place at a better time for us. From the results of that search, we can set up alerts that will notify us about all the upcoming auctions for any type of item. Use these tools to your advantage. And don’t forget to check your budget to make sure you’re not straining it.

Once you get in the habit of researching auctions, you’ll see the wide disparity in prices bidders pay for the same item. A camera that sells for $18 one day can auction for $299 the next. If that computer or camera can sell for $299 in one auction, it can go that high – or higher – in the auction you join. Remember, there are no guarantees that we’ll win; only that we don’t have to lose. The risk of needing to BIN comes with every auction, even when we’re convinced an item already belongs to us. The only way to eliminate risk exposure is to BIN when we don’t win.

Freeze fear by tracking all auctions you join. Worried about whether at the end of the day you’re really winning? Really winning means we pay under retail value counting the cost of bids plus the auction price. Be your own bookkeeper. Know where you’re at in any auction at any time. Your Dashboard can help you and it’s especially helpful if we’re involved with more than one auction at the same time. From the Dashboard, we can see total bids invested, how many bids are left in the automated bidder and it links directly to an item’s home page. Remember, keeping track means keeping track of our bid investment in an item, not just counting the auction price we’ll pay. And, make sure to bid from an item’s home page not the DealDash.com home page. You’ll stay more aware of exactly where you’re at. When you’re keeping track of your investment in an auction, don’t guess. Do the math.

If you intend to bid on an item you know you can’t afford to purchase if you don’t win, set a limit for yourself about how much you’ll invest. Decide on that amount before the auction begins instead of waiting until the heat of the moment, when you’re more vulnerable to allowing your emotions to drive your bus. How much are you willing to lose if the auction doesn’t play out as you hoped? Write that number on a piece of paper and don’t re-negotiate when you hit your limit.

Neutralize greed by setting and sticking to your limits. Greed takes over when we log-in to DealDash.com and see that sweet HD television that recently sold for $8.00 and an auction for that same item just started. Planning flies out the window. We start bidding. Soon the price for the television we’re bidding on is over $100. After two or three more days of watching the price rise on what we felt sure would be a snappy win, it’s not uncommon to start yelling at our computer about all the people in the auction who won’t just leave and let us win it. You don’t have to be that person. Stick to the facts instead of taking that emotional roller coaster ride. The facts include: retail value of the item, your total investment in the auction including bids and auction price and making certain your investment doesn’t exceed retail market value – no matter how tempting it is to teach that jumper a lesson. Set a bail time, a walk away dollar limit and then stick to it. Use common sense. If your emotions lead you down the wrong path, get out as soon as you realize you’re on it and then don’t beat yourself up. Vow to bid smarter the next time by sticking to your rules and not letting greed decide when you’ll bid. Bidding is fun. But it’s not fun to get sucked into bidding for six days on an item we don’t want but started bidding on because our greed led us there. You will win big. Just not every time and not as much as you’d like. Letting greed make your bidding choices guarantees you’ll lose.

Knock out angry bidding by sticking to your strategy. Whether your anger trigger is jumpers, new bidders who don’t understand the importance of letting the clock run out (because we get free bids) or any other aspect of the site, bidding rage won’t help you win. Getting angry won’t help other bidders learn their way around the site or learn to follow the rules. If a particular issue really bothers you, contact customer service. They can and do make a difference. Angry bidding won’t. If you’ve done your homework, then trust your plan. Take a few deep breaths or whatever technique you use when you get upset. What do you need to do right now to bid smart? If you’ve made a mistake and are frantically bidding on something you don’t want or if you’ve surpassed your budget, then it may be time to bail. Trying to negotiate losses rarely works. Let it go and focus on learning your lesson instead of teaching someone else theirs. Next time you participate in an auction, know that sometime things will work out. Sometimes they won’t. Screaming at your computer or quickly rewriting your bio to scold other bidders likely won’t help.

Online auctions can be a fun way to shop. They can also be frustrating when we allow emotions to shape our decisions. One way to eliminate frustration and anger from bidding is by taking the long view. Learning how to bid smart and get the best deals offered by DealDash.com is a marathon, not a sprint. It takes time, experience and commitment. The first year I began bidding, I lost money because I didn’t bid smart. Since then, I’ve recouped my early losses and now look at bidding at DealDash.com as my preferred and the least expensive way to shop.

When I balance emotions with rational thought, stick to my budget and respect the bidding rules I set for myself and save emotional indulgence for after the auction, my average discount rate at DealDash.com skyrockets back into the 80 – 95% range. I win more than I BIN. Instead of feeling outraged, indignant, afraid or greedy, I’m back in the game and biding becomes fun again.

Don’t let any of the four dangerous emotions sabotage your success.

The Keys to Winning Auctions on DealDash.com

This blog post is to help bidders learn a few of the basic building blocks to a winning strategy. If you’re an experienced bidder, it might be useful to revisit some of these ideas and think about whether or not there’s room to refine your strategy.

If this is your first experience with DealDash, congratulations! DealDash is the longest running pay-to-bid site of its kind in the United States, and currently provides service to over 1.5 million registered users. Everyday people visit the site, have a great time bidding and looking through the thousands of available items, and many customers (even the new ones) win great deals on products they love.

But winning isn’t a matter of luck on DealDash: bidders who win do so because they’ve taken the time to learn how the auctions and the website work. By keeping these few pieces of advice in mind you can save yourself both time and money and learn what the best bidders already know!

Watching Auctions Pays Off More Than You Might Think

Watching auctions on DealDash might not be as much fun as watching your favorite TV show, but it pays off for bidders. The MOST IMPORTANT thing to do to create a winning strategy is to learn how bidders behave in the auctions (this is advice from some of the most experienced bidders on DealDash)! Spend a little bit of time watching how bidders react, who bids when, and what kind of products attract more bidders. Watch and learn…then win!

Read Through the Website and Some of the Blog Entries

DealDash regularly posts information to help people learn how to win, both in this blog and on the website. While the blog provides summaries of key strategies and provides some context on how they can be used to your advantage, the website contains raw data that you can use to make decisions. Pages like the Winners page lets you see who’s winning what, when they’re winning it, and for how much – all of them important pieces of information. Information like that can tell you who might be a power bidder, or highlight a couple of hours when the items sold for unusually cheap prices. The blog, on the other hand, highlights some of the particulars of bidding and helps illustrate how certain features, concepts, and ideas can be your key to winning auctions.

Familiarize Yourself with the Tools of Your Trade

DealDash has several unique features to help bidders in their quest for bigger and better wins. Many of the tools are easy to use and understand, but surprisingly some people don’t take the time to learn about them before bidding. Here’s a few example of things you can use to help you learn to win auctions:

  • Bookmarks – You can bookmark auctions that you’re interested in and then view them all on the same page
  • The BidBuddy – The BidBuddy is an automated bidding tool that places bids for you even while you’re away from the computer.
  • No Jumper Limits – One of the most frustrating experiences for bidders is when they’re reaching the end of the auction.

It’s down to you and one other bidder (who may or may not be your arch nemesis)…and you’re bidding back and forth trying to outlast each other. It’s been a long, hard-fought battle, but now you can see the light at the of the tunnel…and then another bidder joins the auction.

Nothing is worse for bidders than the above situation, which is why DealDash has implemented “No Jumper” auctions. These No Jumper auctions prevent new bidders from joining after the item price reaches $5 (sometime less if there’s a sale), thereby limiting the number of bidders who can join that particular auction. There’s less competition in these auctions, and so they’re easier to win!

The “Buy it Now” Helps you Save Money

People come to DealDash to win great deals in the auctions, but nobody wins all the time. That’s why there’s the “Buy it now” (BIN) option. This lets you buy the item from the auction at a regular price. You read that last sentence and though “Where’s the deal in that?”. Well, when you BIN an item, you get all your bids back from that auction for FREE, and so you can use them in another auction. Many new bidders don’t realize this at first, but this can actually help you save a lot of money on bids, and you still get the product you want. It really minimizes the risk of using your bids and then walking away with nothing. That’s why bidding DealDash is a risk-free proposition!

3 Tips for Earning Free Bids on DealDash.com

DealDash loves its bidders as much as bidders love winning fantastic deals in the auctions, which is one of the reasons why DealDash is always looking for ways to make shopping online cheaper and more fun. One of the things that bidders seem to love the most are the different ways DealDash gives them opportunities to earn free bids, which helps them save even more money. While more experienced bidders have learned to use these to save big bucks, some bidders don’t even know about them. So here’s a quick breakdown on the best ways to earn free bids to use on DealDash!

#1: The Time as Highest Bidder Meter

The “Time as Highest Bidder Meter” is a small bar sitting at the bottom of your screen when logged in to your account. As you bid in the auctions, it calculates how much time you spend as the highest bidder in a particular auction. Once it fills up, you can click on it to claim free bids. The amount of free bids you can earn starts small, but it increases as you move up to higher levels!

This basically rewards bidders for spending more time as the highest bidder in an auction, so it’s a great way to earn something just for participating in an auction.

#2: Facebook Promotions

Almost everyone has a Facebook account nowadays, so it’s really easy to get free bids just by participating in the DealDash community. If you post pictures of your wins on DealDash’s Facebook page, you’re given free bids to use in the auctions. Not only that, but once a week the person who posts the best picture wins a free $500 gift card (vendors include Amazon, Walmart, and more)! This is a great way to subsidize bidding, and you can earn as many as 200 (list price for 200 bids is $120) bids just for posting.

#3: Special Offers

DealDash runs regular promotions where bids are sold at an incredible discount, but they also run promotions for its community that aren’t featured on the website. If you’re a regular bidder and want to get the most bang for your bucks, it’s important that you keep an eye on DealDash‘s various community pages. In addition to our incredibly popular Facebook page, you should also keep on eye on our Pinterest site, Google+ page, and of course this blog.

As already mentioned, DealDash is always thinking up new ways to reward bidders, so keep your eyes and ears open and don’t hesitate to leave your own suggestions in the comments!

DealDash – Creating Honest Auctions on the Internet

DealDash – Creating Honest Auctions on the Internet

The Internet can be a tough place for people looking to save some money. When you open your e-mail, you find messages from strangers in different countries asking for money. When you go to read the news, you get a pop up messages telling you to buy some new miracle drug.

But experienced bargain hunters have learned that DealDash is a diamond in the ruff when it comes to Internet auctions. DealDash has been holding legitimate, reliable auctions longer than any other site of its kind, and hundreds of thousands of people have gotten great bargains with the site. A quick Internet search can turn up some real stories from the real winners who have used and enjoyed the site! Just check out these stories:

“Best site ever…All my items I have won come so fast in the mail and everything is great quality. I really enjoy bidding on DealDash and I have had a lot of success. I have christmas taken care of for all grand kids this year.”

“The DealDash Service Team, specifically Dave, bring their “A” game to work. I had 3 great experiences which were coupled with rapid response, adversity assistance, and it all came with a great attitude and willingness to find a solution. They have gone above and beyond with my account and I am thankful for that. Their sense of urgency is refreshing and it shows they truly care about their client/consumer.”

“Excellent auction site… I have played on many of them and very few are the “real deal” in that they are honest, fair, and fun. And DealDash is definitely at the top of the list!”

 A lot of auction sites try to hook people with flashy promises, but let people down when it comes to delivering customer care, the quality of their products, and helping everyone get a great deal. After all, there can only be one winner for each auction, but one of the things that makes DealDash so reliable is the commitment to make all of the bidders happy. Besides having round the clock customer service available, DealDash offers all of the bidders the chance to get their lost bids back by simply purchasing the item at a regular retail price. By giving everyone a chance to get a great bargain, and by making sure the users have access to our experienced, professional customer care staff, DealDash offers bidders a legitimately safe and reliable way to get fantastic deals on great new products.

DealDash is the longest running auction site of its kind, and has delivered fast and reliable service to hundreds of thousands of Americans. DealDash’s alternative to the standard penny auction format lets everyone get great value for their money by offering generous bonus bid reward programs, free shipping on all items, and fantastic customer service. Find out more about DealDash by checking out their review on The Huffington Post, the comments and photos on the DealDash Facebook page, and of course the website.

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Congratulations to Dianne Aikmen for sharing the Best Photo of the Week!

You just won a $500 Gift Card of your choice to Amazon.com or Walmart!!

DealDash

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New iPhone 5 comes to DealDash

New iPhone 5 comes to DealDash

The release of the new iPhone 5 was the BIG event this week and already the new iPhone 5 comes to DealDash and has sold for only $11.69! DealDash however paid the final sales price for the top bidder IWillNotQuit who only used 170 Free Bids to win the iPhone 5, all which were earned by just being a DealDash shopper! Looks like the DealDash shoppers user name may have stood it’s ground in this auction causing other bidders to back out. Congratulations IWillNotQuit – we hope you enjoy the new iPhone 5 you got on DealDash, great deal!

Keep on the lookout because DealDash will be listing many more auctions for the new iPhone 5 and we’re also looking forward to the unlocked iPhone 5 release date.

Favorite Feature: We love the new panorama picture taking feature built into the new iPhone 5! With one smooth motion you can shoot up to an impressive 240 degrees – how cool is that! Speaking of photos… Did you know you can get a free $500 gift card just for sharing a picture showcasing one of your Deal Dash wins?

Every week on DealDash the person with the best photo of the week showcasing one of their DealDash wins is selected to receive a free $500.00 gift card of their choice! 

$500 gift card from DealDash
Click Image for details on how you can get a free $500 gift card from DealDash!

This Weeks Best Photo Winner of a $500 Gift Card is Amy Hadley!

Free gift card to DealDash
I got this Apple iPod 8GB touch for only $8.15 on DealDash with free shipping! My grandson will love this for Christmas…holiday shopping done!!!

This photo was selected because it is clear, crisp, bright and easy with great natural lighting and clearly shows the Apple iPod touch Amy received along with a beautiful smile. 🙂 Thanks Amy for the great photo you posted to the Deal Dash Facebook page! Enjoy your choice of a $500.00 gift card to your favorite retailer – after DealDash of course. 😉

DealDash gift cards
Win a gift card on DealDash – click image!

In-depth study and survey of online auction sites

DealDash Review

In-depth study and survey of online auction sites

Easy to use, easy to win
From a brand new customer’s perspective, I recently conducted a 150-hour in-depth study of eight online auction sites. I looked at cost of bid packages, ease of winning and making payments, ease of using the web site, number and variety of items up for bid, customer service, win limits, ease of using the audo bidder, best features I liked about the site, what I did NOT like about the site and then provided recommendations for improvement. I emailed the same letter to four CEOs of the -auction sites I included in my survey to see if they wanted to make a deal to get a copy. Only one responded — the one that cares most about its customers — DealDash. When I compared DealDash with seven other online-auction sites, none of the others even came close to what DealDash has to offer. Why? Because DealDash knows that customer feedback is important. They not only welcome it, but DealDash often implements good ideas that help them better meet customer wants and needs. DealDash makes customer satisfaction a top priority.
Easy to win
I did not know about online-auction sites until January 2012, when one of them popped up on another survey I was doing. When I studied how that other site worked and tried it with some success, I did a google search to see if there were any more online auction sites online as well. That’s when I found DealDash. Since I needed to present a speech on a technical subject in my Toastmasters club, I decided to speak about online-auction sites and compare the good and bad features. After that, I was hooked and continued to do additional research. The more I researched and the more I compared DealDash with other online-auction sites, the more I realized that DealDash was the best one and the one that makes it easiest to win.
I registered as a DealDash customer Feb. 8, 2012, and on Feb. 23, 2012 (my 65th birthday) I won a 55-inch Toshiba TV that retails for $1,399.00. My cost? Only $1 transaction fee, plus the $19 worth of bids I used to win it. Deal Dash just happened to be celebrating its third birthday by offering its products FREE to the winners on my 65th birthday, so I was able to win an awesome birthday gift for myself. That was just the beginning of my success on DealDash.
As a new DealDash customer, I won more than 100 auctions in only four months. Some of my other favorite wins are:
* $999 digital Canon camera for $18.28
* $222 eight-person modified three-room dome tent for $5.06
* $279 women’s Schwinn bicycle for $7.85
* $279 case of Milwaukee tools for $1 transaction fee
* $89 video camera for $1.31
* $149 durable luggage set for a $1 transaction fee
* $100 J.C. Penny gift card for $4.13
* $50 AMC movie night gift card for 77 cents
* $18 radio for 7 cents, a DVD movie for 5 cents
* Ghostbusters Nintendo Wii game for 22 cents
* Kindlefire leather case for 7 cents and
* 40-bid package for only one penny.
This shows actual auctions won at bargain prices on Deal Dash  <br />--Courtesy photo, DealDash support  team.

Getting started
Registration is free, but before customers can start bidding, they must purchase a bid package. After purchasing an initial bid package, the only cost to customers is the closing cost of the winning auction, because postage is free.
Most online auction sites charge a standard 60 cents per bid (some are higher). DealDash also charges 60 cents per bid, but often celebrates specials for events like Father’s Day and gives customers a limited time to purchase bid packages at a discounted cost of only 20 cents per bid. Smart customers take advantage of those sales and stock up on bids in their accounts. Another way customers reduce the cost of bids is by bidding on and winning bid packages. Bid packages of 40, 60, 70, 80, 150, 300, 600 and 800 are put up for auction every day, so it is fairly easy for DealDash customers to win additional bids. To give everyone a better chance to win a bid package, DealDash has set a limit of one per household for the 150 and 800 bid packages. However, all of the other bid packages are up for grabs as many times as you can win them. How well you do on winning bid packages at a bargain price depends largely on being in the right auction at the right time (when nobody else or only a few other bidders are there). Winners of bid packages significantly reduce the cost for each bid. For example, yesterday I got really lucky and won a 600 bid package for only 48 cents. Counting the cost of bids, I paid $2.08 for a bid package that retails for $360.

FREE shipping and handling, no hidden charges
Whether a customer wins a product or buys a product, DealDash always ships postage FREE, and there are no hidden charges.
Each time a bid is placed, the cost of the product goes up one penny. If a total of 19 bids are placed when the auction closes, the winner of the auction only pays 19 cents, nothing more.

This shows actual auctions won at bargain prices on Deal Dash  <br />--Courtesy photo, DealDash support  team.
Attractive, easy to use website
The DealDash website is very attractive, easy to use and extremely well organized… continue reading