Have You Been Checking Out the DealDash Competition?

DealDashObserving the other DealDash bidders is the smart thing to do. Here is more information about how to get started.

Did you recently join DealDash? If so, you might want to start bidding and winning auctions right away. And you can, but should you? Maybe not. ANd here’s why: You should be taking the time to do research on your fellow bidders. Your fellow bidders are people from all walks of life who might think and act differently than you would in a situation. When you think about it that way, doesn’t it make sense to do a little reconnaissance on them? Read on for more information of what you should be looking for, from DealDash.

Watch on Free Auction Weekends

DealDash has “Free Auction Weekends” fairly often. When this happens, there is no final auction fee for the win. You just pay for your bids and a .01 transaction fee. The Free Auction Weekend promotion on DealDash is a great time to get to know your fellow bidders.

You can watch and learn quite a lot on these promotional days. You can learn who is truly willing to BIN (Buy It Now) an item, who bids for a moment and disappears, and who comes and goes. These are all good things to keep in your memory bank and look back on when you happen to be bidding against them in the future.

Get to Know Win and BIN

Earlier, I mentioned BINning an auction. The BIN is an important thing to think about and keep in mind when you are bidding in an auction. Doing a BIN (Buy It Now) on the auction that you enter if you don’t win makes good sense. When you BIN the item for the retail price you get ALL of the bids back that you placed, as well as getting free shipping. If you have done your research on your fellow bidders you will know who is going to go all the way to a BIN, and who probably won’t stay until the end.

Keep Track of Winners on Your Chosen Item

If you have a particular item that you are very excited about winning on DealDash, you’ll want to do not only research on the item but on the previous winners as well. You can only win one of a particular item per week, so if you are very interested in an item you can look and see who has already won it this week so you know that they won’t be able to bid on it again until seven days have passed.

 

 

 

 

 

Thanks for Reading the DealDash Blog

I hope this article on doing research on your fellow DealDash bidders has been helpful. I’d like to encourage you to learn more about DealDash. For more information, check out DealDash’s “Tips & Tricks” section on the official site. It’s full of wonderful information to help you win on DealDash. Just click this link right here and you can check it out.  Don’t forget to read our other blogs as well,  DealDashTips.comDealDashReviewed.com. There are interesting new articles posted daily. Have fun on DealDash, and happy bidding everyone!Image result for www.dealdash

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

Let’s Talk About the Importance of Monitoring Other Bidders

Have you been paying attention to your fellow bidders? Well, you should be. Monitoring other bidders can be a great strategy.

 

If you are a newer DealDasher you might just be jumping right into auctions without doing your research. Well, that’s not a very good idea. Not only should you be researching the items that you plan on bidding on, you should also be doing research on your fellow bidders. If you’re new to DealDash you might be amazed at some of the awesome deals that people seem to get by chance. The more seasoned bidders might make it look easy to win, but I can almost guarantee you the winners of most of the bigger ticket auctions not only watched many of the auctions to see what the final auction fee was, but also took note of the bidders who were in for the long haul.

If you are interested in a certain type of auction, say laptops, then you should be watching and observing every laptop auction that you can find, even if it isn’t the particular laptop that you plan on bidding on. If you have been watching the laptop auctions and you see that Bidder A, Bidder B, and Bidder C show up to almost all of the laptop auctions and stay until the final auction fee has surpassed the BIN (Buy It Now) price, then you might want to try and find a different laptop auction that Bidder A, Bidder B, and Bidder C are not involved in. Every bidder has a win limit of 9 items per week, so if you are patient you might be able to find a laptop auction when Bidder A, Bidder B, and Bidder C have already used up all of their win slots.

Alternately, if you wait until DealDash has one of their “Free Auction Weekends” when there is no final auction fee you might be able to snag a win even if Bidder A, Bidder B, and Bidder C have been bidding on an item. Most (but not all!) bidders tend to try and stay within the BIN price, and will stop bidding once they know that they would be losing money by continuing to bid. Once Bidder A, Bidder B, and Bidder C have stopped bidding and have decided to either cut their losses or BIN the item, then it’s your time to go ahead and start bidding. Just make sure that you have already placed at least one bid before the $5 No Jumper limit has been reached.

In case you don’t know what the “No Jumper” limit means, here is an explanation straight from DealDash’s FAQ section:

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.

 

I hope this helped some of you newer DealDashers! If you’re interested in reading even more tips and tricks check out the “Tactics & Tips” section on DealDash. Good luck and happy bidding everyone!