When you shop on DealDash.com, what is your “Strategy of the Week?” Do you have one?
I think it’s a good idea to choose a different “Strategy for the Week” for several reasons. I read a definition of insanity: doing the same thing over and over again and expect a different result. In other words, if one thing does not work, it only makes sense to change what we are doing.
Therefore, if we are not winning, we might need to change something, anything, and see if that works better. It could be just a minor change that makes a difference. For example, here is a list of different things we could try to change the way we bid:
- If we always place the bulk of our bids at the beginning of every auction, we might want to wait until just before an auction hits the “No New Bidders” mark and place the bulk of our bids then, instead.
- We could place a few bids at the beginning of every auction, and then place the bulk of our bids when the selling price gets close to the average selling price it usually closes at.
- We could try placing an odd number of bids. Instead of 25, 50, 100 or 200 bids, perhaps we should try placing an odd number of bids like 27, 53, 107, or 231.
- Look for patterns. For instance, I noticed that shoppers from two states consistently win, so I no longer bid in the same auctions where players from those two states show up. It’s up to you to figure out what those two states are.
- Perhaps our bids would last longer and we might win more auctions if we only bid at the beginning of every auction. This approach can pay off in dividends. Why? For one thing, if we only bid in the beginning of every auction and win, we will be guaranteed to always win with a very low selling price. Therefore, we would not only be using fewer bids, but we would also be paying less for the auctions we win.
By choosing a different “Strategy for the Week,” we might even surprise ourselves how well it works.
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.