How Do Shoppers Decide How Much to Bid?

Did you go shopping on DealDash.com during Black Friday Week? If so, I’m sure you noticed a lot of great auctions and holiday deals. DealDash had special Black Friday promotions like an increased time as highest bidder multiplier, up to 90% off the final sales price of the auction, and Leaderboard Auctions. These features offer incentives to bidders, so sometimes it makes sense to adjust your bidding strategy in an auction and invest more bids than you would normally. Of course, the good news is that we could always BIN if we didn’t win. Here are some things that motivated me during Black Friday Week to adjust my bidding strategy.

Exciting auctions and unbeatable deals are always just a click away on DealDash.

Motivation #1

The first thing that motivated me was the DealDash features of 5X, 4X and 3X times on the clock. My progress meter to completing my level was near the end and I had 1,900 free bids waiting for me to collect. Therefore, my main focus was taking advantage of that extra time on the clock.

Most likely, many other shoppers were in the same boat and were motivated by the increased Time As Highest Bidder multiplier, too. I did not really care if I won the auction or not as long as I was bidding enough to move that clock all the way to the right, which was my main focus. It worked. I did not win my auctions, but I collected my free bids, so all was not lost.

Motivation #2

The second thing that motivated me was the Leaderboard Feature. Some shoppers are experts at taking the lead to qualify for free bids and knowing just when to leave to move on to other auctions where they can qualify for more free bids there, too. In fact, it appears some shoppers have it down to a science in knowing how to use that feature to rake in lots of free bids.

I thought I had it down to a science, too. However, it doesn’t always work out the way we might expect. A couple times I had so much lead time that I thought it was safe for me to leave the auction. I thought the auction would sell before anyone had a chance to catch up to me and overtake the lead. I was wrong. I seldom won as many free bids as I thought I would, but I learned a few lessons. First, when we have already qualified for free bids and the auction gets down to only one competitor, we might be better off to cancel our bids and allow our competitor to win to prevent anyone else from “stealing’ our free bids away. Second, if we want to remain in the lead during the Leaderboard feature, it’s important to check back and keep a close eye on the bidding.

Motivation #3

The third thing that motivates me is the 90 percent off the selling price feature. I don’t worry about the selling price if I only have to pay 10 percent of it at the end. Usually, I stop bidding when the selling price of the auction starts getting higher if I would have to pay the full amount. What we need to keep in mind is that other players are most likely thinking the same thing. Therefore, we might end up with too many players determined to shop until they drop, so it could be a very long auction.

I always look at the dates my competitors first started shopping on DealDash because it is often easier to beat new shoppers who don’t have much experience. However, sometimes those new shoppers surprise me at how long they are willing to hang-in-there. They must be reading all the tips I’ve been writing about in my blogs!

What can we do?

If we find we are not winning auctions, what can we do? That is the question. When I looked at the closing prices of some of the auctions I saw that some customers still won great bargains in spite of the fact that some shoppers were willing to hang in an auction longer. When I saw that, the next question I had was, “Why not me?” 

When I looked at what the winners were doing, I would have to say the answer is to that question is that I remained stuck too long on one or two auctions. Many winners were bidding in auctions all over the place. So the answer to my last question is to diversify. The next time DealDash runs a huge special I plan to diversify, diversify, diversify, and then I’ll see if that works out better for me. What will you do?

Click to go to DealDash.com

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.

How to Conquer Boredom

Virtually all entertainment is in lockdown to prevent COVID-19 from spreading and many people staying home and/or in quarantine find it very difficult to do.

Don’t worry. I have the perfect solution to conquer boredom.

You can still have fun and entertainment by playing on DealDash.com. That’s something we can do online from the safety and comfort of home. All we need is to have access to the internet on a computer, laptop, phone or another electronic device where Internet access is available.

Easy to Get Started

If you have never before shopped on DealDash.com it is easy to get started. Just follow these simple steps:

  1. Registration is free. Just fill out a new member form, choose a screen name and icon.
  2. Before you can start shopping on DealDash, you must purchase a bid pack. Bid packs often go on sale. Today, bids are only 12 cents each. You can choose 60 bids for $7.00 or 300 bids for $36.00 or 600 bids for $72.00 or 2,400 bids for $288.00 or 5,000 bids for $600.00. Sometimes the first bid pack new members purchase costs slightly more.
  3. Each time you place a bid in an auction, the selling price goes up one penny and you get 10 seconds on the clock. If the clock runs down to zero and nobody else places a bid, the last bidder wins the auction.
  4. On the bottom left of your screen, you will see a green line move to the left every time you place a bid. Once this line gets all the way to the left, you will win free bids. Each time you win free bids, you will move up to the next level. The higher the level, the more free bids you win.
  5. Before you start placing bids on auctions, you should go to the top of the home page and click on “How it Works.” It’s important to learn how to use the automated bidder called “Bid Buddy” and get many other tips on how to play smart.
  6. The auction clock restarts from 10 seconds every time someone bids.

If you have any questions, don’t hesitate to call a DealDash representative. They always provide excellent customer service and will be happy to answer any questions you might have to get started.

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.

Earning Free Bids

Shoppers have so many different ways to earn free bids on DealDash.com.

Let us count the ways:

  1. If we log on to DealDash every day and place at least one bid, we can get as many as 15 free bids. As long as we do not miss logging on every day and placing a bid, we will continue getting 15 free bids every day. If we miss a day, then we have to start all over again, earning about 2 free bids at first, and then working our way back up to 15 free bids a day again.
  2. Every time we place bids in any auction, we earn time on the clock. As we earn time on the clock, DealDash shoppers will see a green line on the bottom right-hand side of the screen move forward, also known as Time as Highest Bidder. Once the green line gets to the end, shoppers will earn a package of free bids. Every time we reach the end, shoppers will move up a level. The higher the level, the more free bids we get. I’ve been shopping on DealDash since Feb. 8, 2012, and I am now on Level 66!
  3. Participate in challenges. Just recently, to earn 40 free bids, we had to bid on and win one of the Special Bid Pack auctions that DealDash was featuring to help celebrate 10 years of DealDash.

If you save your free bids, you will soon have enough bids to bid on an auction you really want to win. Try it, you’ll like it.

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.

Go for the Easy Win

Do you go for the “easy win” on DealDash.com If not, why not?

Usually, the easiest to win auctions are those with the lowest BIN price. Power shoppers tend to go only for the high-dollar items, leaving the low-dollar items with less competition.

To find the auctions that sell for the least amount of money, check out the “winner’s list.” Auctions that sold for the least amount of money a few weeks ago might not be the same auctions that are selling for the least amount of money now. It often changes.

The next step is double click on the auctions that are selling for the least amount of money to find the ones with the fewest number of competitors who are actively bidding. The one that is easiest to win will be a combination of two things: First, how many shoppers are qualified to continue bidding after the “No New Bidders” banner appears; and second, how many shoppers are seriously competing.

Many shoppers might place a few bids, but then go away and never return because they see another product they are more interested in winning.

Low-dollar auctions are always a good place for new shoppers to start. Once we gain more bidding skills and experience, we will be much better prepared to move on to the high-dollar auctions with greater success.

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.