Tips to Save and Win on DealDash.com

DealDash customers love to win auctions, and they love to win big. By making auctions easy-to-win, DealDash has built up a large number of loyal customers who have spent years on the site winning great deals on a huge range of products.

But with so many well established bidders, it can be challenging for new bidders to jump right in and start winning. And while DealDash does its best to give new customers the opportunity to try out the site in a risk-free fashion, it’s important that new or less experienced bidders think about what they want from the site, and what they’re prepared to do to get it.

Here are five things to keep in mind when you set out to win that iPad or big screen TV. By keeping these five pieces of advice in mind, you’ll be able to save big bucks on your bidding AND winning on DealDash:

Stock up on Bids While They’re on Sale

DealDash is one of the only pay-to-bid auction sites that puts their bids on sale on a regular basis. You should keep this in mind when bidding and stock up when there’s a sale. You can always buy more bids if you think you’re reaching the end of an auction and just need a few more to put you over the top, but by buying when prices are low you’ll save big in the long run.

“Buy it now” When It’s Needed

If you find yourself getting in over your head you should consider using the “Buy it now” (BIN) option. In fact, you should check out the BIN price before you start bidding. When you purchase the item using the BIN option all of the bids you use in the auction are credited back to your account. Not only does this cover you if you go all in on an auction and get outbid, but you can also bid MORE to win if you know you can get your bids back.

DealDash’s BIN option is a great way to ensure you can always get a great deal in the auctions!

Set a Limit and Stick to It

Every bidder will be slightly different, and so everyone should decide for themselves what they want, how many bids they’re willing to use, and when to BIN or walk away. Because everyone is different there’s no formula or standard that will fit everyone, but it’s something you should consider before you enter an auction.

Really Focus on Bidding on the Things You Want

This might sound silly to include here, but lots of people “browse bid” or place bids casually on things they sort of, maybe want. You’d be surprised how these bids can add up, and are essentially wasted. You’re better off really thinking about what you want to get from DealDash that day and commit to it. By focusing your time, attention, and bids you’ll have a greater chance of getting that satisfying win bidders love!

Following these tips will help you win and save money while using DealDash, but you should also spend some time reviewing these blog entries and the website to learn more about the auctions. And don’t forget that you can always contact DealDash’s customer support team if you need help figuring out the site!

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!

Secrets, Tactics and Tips about Stomp Bidding on DealDash.com

There’s not a lot of controversial aspects about the bidding on DealDash.com…most of the decisions successful bidders make are informed more by things like trying to make their bidding fit their individual budgets, lifestyles, and shopping habits. But there is one practice that nearly all experienced bidders love to hate, and hate to love – stomp bidding! If you check out our glossary, stomp bidding (also known as overbidding or double bidding) is defined as “an aggressive bidding technique where one bidder will place bids immediately after another user”. Aggressive behavior in general tends to irritate DealDashers (and DealDash actively monitors such behavior to and steps in when it is deemed inappropriate), but nothing seems to bother people more than stomp bidding. Many a bidder has written in with complaints about stomp bidding, and here’s a couple of points to consider about why people do it!

Stomp Bidding Prevents Other Users from Getting Free Bids

A unique feature on DealDash is the “Time as Highest Bidder” (TAHB) clock, which lets users claim free bids for spending more time as the highest bidder in each auction. It’s a great way to subsidize your bid costs, and many successful bidders actively use it to help them save money. In fact, some bidders will participate early in the auctions specifically to take advantage of this feature!

Stomp bidders, whether they know it or not, are robbing people of the free TAHB bids. Sometimes newer bidders won’t realize what they’re doing when they stomp bid, but others are more malicious and actually intend to prevent people from getting free bids! To these bidders, preventing you from getting free bids increases their chance of winning the auction!

Stomp Bidding Scares Bidders Away

The more experienced bidders become, the more they start to realize winning auctions is about playing against other users, and so strategies to beat them are important. One way to do that is by making them doubt whether or not they have what it takes to win…whether that be the time, the bids, or the dedication!

Besides being a general irritant, a lot of people stomp bidding want to give other bidders the impression that he/she has so many bids to use that it’s pointless to bid against him/her in an auction! After all, who can afford to throw bids away like that other than someone who just bought three 5000 count bid packs?

Whether or not the bidder actually has that many bids (few of them do) is beside the point: by making others think that they have thousands of bids to use, they’re able to make themselves look like the big bad bidding wolf, and chase other bidders away!

What To Do About Stomp Bidders

While bid stomping can certainly be an annoyance, it’s not against the rules, and when bidders can make it work for them it encourages them to keep doing it. So to beat Stomp Bidders, it’s imperative to let them know that you’re not going to be intimidated into throwing in the towel. Here are a few easy suggestions to help you troubleshoot Stomp Bidders:

Don’t Let Stomp Bidding Throw you off your Budget

Before entering an auction, every bidder should decide how many bids they’re willing to use to win. Different factors should influence the way you formulate this budget (for example, how much time/money you have to spend, whether or not you’re willing to BIN the item, etc), but no matter what happens you shouldn’t let Stomp Bidders throw you of your plan. Don’t get angry and determined to beat them no matter what, but at the same time don’t immediately assume that the Stomp Bidder is willing to apply this tactic till the end. If you have a strategy that works, stick to your guns!

Don’t be Afraid to do it Back

An eye for an eye as they say. If someone is stomping all over your bids, doing it back to them is a great way to give them the impression that you’re just as willing to waste bids as they are. Once they click in to the fact that a group of people stomp bidding all over each other is wasting everyone’s bids and driving the item price up they’ll quickly understand that maybe their approach isn’t really conducive to saving money.

Let your BidBuddy Handle Them

The BidBuddy is your automated bidding tool, and experienced bidders will be able to tell when you’re using your BidBuddy. Also, the BidBuddy will never stomp bid, so you already KNOW that Stomp Bidders aren’t using theirs. You can turn on your BidBuddy and focus your attention somewhere else. If the Stomp Bidder catches onto the fact that you’re using the BidBuddy, it might be enough to chase him/her away from the auction. After all, your BidBuddy is guaranteed to place bids at the optimal time, and for all this person knows your BidBuddy can be stacked with thousands of bids – making the prospect of stomp bidding his/her way to a win seem long, time-consuming, and expensive.

So while users are more than welcome to try their hand at stomp bidding (and some people can make it work for them), it’s not as big a problem as it might seem. Try out some of these strategies the next time you’re in an auction to see if you can make them work for you, and remember that everyone is here to have a good time and get a great deal!

With a 100% satisfaction guarantee on your initial bid pack purchase, trying DealDash is a risk free proposition. DealDash customers regularly save between 60-90 percent on the products featured in DealDash auctions, so get in on these great bargains and sign up now!

The BidBuddy vs. Manual Bidding: Which one is your winning approach on DealDash.com?

Experienced DealDash bidders know how invaluable the BidBuddy can be to formulating a winning strategy, and it’s been written about here before to make sure bidders new to DealDash understand the importance of learning about the BidBuddy. To put it simply, most auctions are won using it, and bidders who use the BidBuddy tend to win more auctions using less bids.

However, some people don’t like the BidBuddy. There are a number of reasons why some people don’t like using it: some people feel like they don’t control their bidding, some people find it makes it easy to overbid, and others simply find setting it up too difficult to bother with. Whatever the reason may be, single bidders are left to watching the auction and clicking away whenever they want to place their bids. And even though the BidBuddy is an invaluable bidding tool, using it or not using it doesn’t make a winner: the difference between winning and losing auctions is a matter of strategy. With the right approach to the auctions, there’s no reason why manual bidders cannot win an auction against users who rely entirely on their BidBuddy.

Here are a couple of advantages to placing bids manually, and how you can capitalize on them to win more auctions:

Manual Bidding Makes you Focus on Using your Bids

One of the most important advantages to the BidBuddy is that it allows bidders to automate their bidding, thereby freeing up their time to do other things while still participating in the auction. There’s no doubt that this really helps them stay in more competitive auctions, but this isn’t without drawbacks. Loading up a BidBuddy and then leaving the computer means bidders aren’t paying attention to what happens, and if one or more other users loads up their BidBuddy to bid against you, everyone will end up placing bids needlessly (see the next point for more details). The value of watching the auctions and being critical about what other users are doing cannot be understated, and the best way to do this is by staying at the computer and clicking each time you want to place a bid. By doing so, you’ll be putting thought into each bid you place, and this is a great way for new bidders to learn about how to bid to win on DealDash!

Nobody Wins when Everyone Uses the BidBuddy

When two or more users have active BidBuddies in an auction, the BidBuddies will place their bids in sequence until they’re either turned off or they run out of bids. Anyone watching the auction will see this “tell” and understand that putting a BidBuddy in the auction, or even placing a bid if there’s more than two BidBuddies running, is a waste of bids. Since people using the BidBuddy aren’t necessarily paying this much attention, they’re more likely to waste their bids than their manual bidding counterparts, who will enjoy the advantage of waiting, watching, and conserving their bids to get the most out of them. If you’re a manual bidder use this to your advantage by saving your bids until you start to see the BidBuddies drop out of the auction. This might take a bit of time, but you’ll be saving bids and can ultimately win more for less!

Manual Bidding Makes your Strategy Less Transparent

Because BidBuddies place their bids at regular intervals, experienced DealDashers can usually tell when they’re being placed from a BidBuddy (but not necessarily how many bids they’ve allotted to their BidBuddy). By not relying as much on your BidBuddy you’re free to make your behavior a lot less predictable to other bidders, which is a huge advantage. Winning an auction means you have to outsmart your competition, and so denying them information gives you a leg up on them.

While all of these advantages are good things to keep in mind, they aren’t guaranteed to make you win more auctions. The best approach is to mix and match your bidding and make use of the advantages to both single bidding and the BidBuddy. Rather than load up your BidBuddy and walk away OR sitting by the computer and clicking each time you want to place a bid, try switching up your strategy as the auctions progress to make the most out of both approaches. This will help you maximize the benefits of the BidBuddy and manual bidding, and make sure you’re prepared to beat out everyone to get the best deals available on DealDash!

Customers love the great bargains they get in DealDash auctions! You can see photos and read testimonials from auction winners on DealDash’s new Pinterest page, and of course the official DealDash Facebook page. Every week customers post pictures of the great products they get from DealDash, and the best photo of the week wins a 500 dollar gift card! Last week Mike won with this picture of a bike he purchased for just $0.68!

Hope you enjoy the bike this summer Mike!

With a 100% satisfaction guarantee on your initial bid pack purchase, trying DealDash is a risk free proposition. DealDash customers regularly save between 60-90 percent on the products featured in DealDash auctions, so get in on these great bargains and sign up now!