About DealDash
DealDash is a legitimate online auction and shopping organization with headquarters located in Minneapolis, Minnesota, USA. It has been in operation for the past 14 years.
Additionally, DealDash was the recipient of the Best Excess Inventory Liquidation Service Award from the Global Brand Awards, which are presented annually by Global Brands Magazine, a UK-based international newspaper, in 2021.
Furthermore, it has an A rating from the Better Business Bureau, which is based on the experiences and contentment of DealDash users.
In light of these characteristics, DealDash is unquestionably a reliable site for making direct purchases or winning things through bidding.
While DealDash is a legitimate platform, there are certain factors and concerns you should know about before attempting to bid on it.
How Does DealDash works
But before discussing these crucial things and issues, it’s very important for you to first know how DealDash works:
Sign up: First of all, you’ve to create an account by giving your personal and payment details.
Bid Purchasing: Once you sign up, you’ve to purchase bids before taking part in an auction. DealDash usually sells bids in packs called Bid Packs.
Bidding On Auctions: To join an auction on the item you want, you’ve to place bids from your purchased bids. Once you click on the option ‘Bid Now’, one bid is deducted from your account. Each bid increases the price of the item by $0.01 as long as the auction continues.
Auction Timer: Auctions have a timer that restarts from 10 seconds every time someone places a bid. If you’re the last bidder and no new bid is placed by a bidder before the clock runs out, you’ll win the auction at the final auction price. But if someone else places a bid after you, the auction clock resets and the auction continues.
Winner And Loser: If you win the auction, you’ll lose the bids you placed on the auction and have to pay the final auction price of the item as well. But if you lose the auction, you’ll lose your placed bids without getting the item you placed bids on.
‘Buy it Now’ Option: DealDash also offers the ‘buy it now’ option if you want to buy an item directly before or after bidding. If you buy an item directly after bidding, you’ll regain your placed bids regardless of whether you win or lose the auction.
Product Delivery: After you win the auction or buy the item directly, DealDash will deliver it to your provided address.
Things you should consider before using DealDash
Deduct Bidding Fees Automatically
Even though there isn't a sign-up cost, some users still complain that DealDash charges their accounts and adds bids to their bid balances without their consent when they sign up and participate in bidding.
This problem primarily affects new members who sign up without purchasing bids in order to participate in bidding.
In order to allow users to submit bids on auctions, DealDash automatically charges their accounts and adds bids.
DealDash may charge your card even if you simply sign up without participating in an auction, albeit this is a rare occurrence.
However, if you encounter this problem, don't panic too much. Simply ask DealDash to reimburse these costs if you would like one.
Both a win-lose game and no bid limit
DealDash differs from other traditional auctions in that it does not have predetermined rounds or a set amount of bids.
Rather, it has no control over the course of the auction, which lasts indefinitely or until no more bids are made by any bidders before the time for bidding expires.
It is possible to win an auction with a large number of bids, but it is also possible to win an auction with a small number of bids placed quickly.
As you can see, there are two bidders competing for the same smartwatch: one has only made 162 bids for a mere $36 while the other has placed 5,511 bids for a whopping $1,142.
So if you win an auction by spending just a few bids, though you’ll lose the bids you placed and will also pay for the final price of the item you won, you’ll still get much profit as the auction price is typically much lower than the retail price.
But if the bidding continues for a long time, this will lead to an increase in the price of the item (as with each bid, the item’s price increases) as well as you’ll spend more money in the form of spending more your purchased bids.
In this case, even if you win the auction, there’s a possibility that you may spend more money (by paying for the item’s price and bids) than the actual retail price of the item.
Moreover, this is also not sure that you’ll win the auction even after spending a lot of bids because of the higher competition, experienced and powerful bidders, or any other factors.
So bidding on auctions on DealDash is like a gamble. You may win an auction after placing just a few bids or may lose even after spending a lot of bids.
Now, in case you lose the auction after spending a lot of bids, DealDash gives you an option: purchase the product at a ‘buy it now’ price and get your spent bids back.
"Purchase it Right Away" DealDash Has Very Expensive Prices
It's crucial to understand that DealDash prioritizes selling goods to clients directly over other sales, with the site's layout being built on bidding for goods.
It is for this reason that its products' "buy it now" pricing are far greater than their retail costs on other platforms.
Should You Use DealDash For Bidding?
In the end, it mostly comes down to your personal comfort, preferences, and your willingness to take the risk of spending bids on auctions.
But if you’re interested in using DealDash for bidding on auctions but are hesitant to use it because of the involved risks and issues, I would say that while it’s true that some issues and risks exist, thousands of customers are happy and win auctions on DealDash.
Moreover, customers face issues in using DealDash and fail to win auctions because they ignore some important things and don’t know how to bid properly to win auctions.
Therefore, to increase the chances of winning an auction and avoid getting stuck in a problem, here are the 7 tips you should follow while bidding on DealDash.
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Guidelines to Adhere To When Using DealDash for Bidding
Become Familiar With DealDash Policies
It's crucial to read DealDash's terms before using it to place bids on auctions. This is especially true for information about winning limits, bidding expiration dates, refund and cancellation procedures, and other pertinent information.
Look Up The Item
It's important to look for an item before placing a bid because it can be difficult to return an item for a refund or replacement if it doesn't live up to your expectations.
As a result, you should carefully analyze all of the product's images from every aspect, read DealDash customers' reviews, and keep an eye out for any other crucial information like color, size, etc.
Maintain Enough Bids for Tough Auctions
You should set up adequate money before participating in expensive or competitive auctions because these types of auctions demand higher bids.
Auto auctions are highly competitive, as you can see by the fact that one buyer has put in 129,300 bids to win the vehicle.
In the event that your bids expire while the auction is still in progress, you will need to place further bids, which will take time and could reduce your earnings.
Consequently, buy enough bids ahead of time to ensure that you have enough to place during aggressive auction bidding.
Place Strategic Bids at Auctions
The most crucial piece of advice to abide by when participating in an auction is this one, since your ability to bid successfully hinges on it.
Before you actively participate in bidding, if you're a novice without any prior expertise, spend some time watching auctions and picking up tips from seasoned bidders who use sophisticated techniques.
Once you develop your own bidding strategy, then start bidding on lower-priced or low-competitive auctions to gain personal experience for more competitive auctions.
This will enable you to know the platform’s dynamics and when and how to bid strategically.
Moreover, also look for the tips and tricks of DealDash while bidding on an auction.
Buy the Item Directly If Reasonable
If you win or lose an auction after spending money on bids that exceed or equal the ‘buy it now’ price of the item, I recommend buying the item directly so that you regain your lost bids and also get your desired item.
This will mitigate the loss you’ve done in the form of spending bids you placed on the auction.
Get Your 100% Money Back Promise Now
It's crucial to remember that whether you win or lose your first auction, you can still receive your money back for your "first bid pack" purchase.
Therefore, you can get your money back by requesting a refund as soon as possible if you're unhappy with DealDash's services for any reason and decide to stop using it after using your first bid pack on an auction.
Use PayPal to Make Payments
Although you can pay DealDash with a credit or debit card as well as PayPal, I advise using PayPal for payments due to its Buyer Protection Program.
Conclusion
DealDash is unquestionably legitimate given that it has been in operation since 2009 and has an A rating from the Better Business Bureau.
Nonetheless, prior to utilizing DealDash, you should take into account a few crucial factors and issues:
DealDash occasionally charges users' accounts without their consent in order to place bids on their behalf in auctions.
DealDash auction bidding is similar to gambling. It is possible to win an auction with very few offers, but it is also possible to lose one with many bids.
Purchasing the products straight from DealDash is rather costly.
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