Bid Pack Strategies

Did you ever have second thoughts about placing bids you already have in an attempt to get more bids out of an auction that you may or may not win? Using the BIN option for bid pack auctions does not make much sense when we can simply purchase more bids on sale for less money.

I used to think that it only made sense to bid on small bid pack auctions that might be easier to win. However, I have learned that sometimes the big bid pack auctions are even easier to win than the small ones, but why?  Perhaps other customers are of the same mindset and believe the big bid pack auctions are more difficult to win so fewer players decide to bid on them. But let’s take a look at the facts based on what I saw yesterday when I looked at the “Winner’s List.”

  • A 175 bid pack auction ended for 2 cents;
  • A 200 bid pack auction ended for 11 cents;
  • A 650 bid pack auction ended for 5 cents; and
  • A 900 bid pack auction ended for only 15 cents.

So what does this mean? It means that if we consistently place only 15 bids on every large bid pack auction, eventually we could win one.

In just one 24-hour period, several bid pack auctions, both small and large, sold for an amazingly low price. Who would have ever guessed that a 900 bid pack auction could end for as little as 15 cents? Not me, but it happens every once in a while. These winning streaks appear to come and go, and all we have to do is be there at the right time.

This sponsored blog post was submitted by: Barbara L. Sellers. Barbara was compensated by DealDash for this blog post. Blog posts are written by real DealDash customers. The opinions and advice here represent our customers’ views and not those of the company.

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