What’s your best DealDash Tip? All DealDash regular bidders have a few “tips of the trade” that they use when bidding.
What are your favorite DealDash tips of the trade? What’s what special trick that you like to use when you bid? Okay, okay, I know that you don’t want to give away your special secrets. How about your regular tips? What guidelines do you like to use when you bid on DealDash? Here are some of mine.
Don’t Accidentally Overbid
What do I mean by accidentally overbidding? I mean, of course, by bidding more than the item is worth! Many times when you do your calculations of how many bids to place in an auction you might forget to also take into account the auction’s final value fee. This doesn’t apply on “Free Auction weekends,” of course, but on a regular day you might find yourself overpaying if you don’t remember to calculate this part. This is especially important to remember when you are bidding on gift cards because these auctions frequently end up costing at least 50% of the face value.
This is especially important to remember when you are bidding on gift cards because these auctions frequently end up costing at least 50% of the face value. Wouldn’t you be upset to have set up your BidBuddy with enough bids to equal the value of the gift card, and end up winning, but have to pay the face value of the card, as well? That’s what we want to avoid at all costs – “winning” instead of WINNING!
How can you prevent overbidding? It can be difficult when you are bidding in an overnight auction using your BidBuddy because you don’t want to run into the situation that we talked about above. What you might want to do is check and see what price the auction typically is won for, and then set your BidBuddy accordingly. However, this could backfire on you if you miscalculate. This is why you should keep a close eye on your auctions even when you’re using the BidBuddy.
Buy Your Bids at the Lowest Price
Do you know how to stretch your bids even further than the next bidder? By buying them at the lowest price, of course! Don’t be the person who buys a giant bid pack when bid prices are at .19! Buy them when they are at .12-.15, and you will have a lot more bidding power than people who bought them at a higher price. For example, today the bid prices are very low – so it would be a great day to buy a big bid pack!
Thanks for Reading!
I hope that you found this DealDash Tips article on tips of the trade helpful. Be sure to visit us here every day on the DealDash Tips blog, and also on the DealDash Reviewed blog. DealDash has items for the kitchen, yard, and bedroom. Check out DealDash auctions for bargains. Visit DealDash now to save. Good luck and happy bidding everyone!