Are you someone who loves finding bargains, bidding on items, or trading? If so, DealDash might be just the place for you. In this review, we’ll explain how to use this online auction site to score some great deals.
Auctions have been around forever and have adapted well to new technology and the internet. Nowadays, you can simply hop online to buy, sell, or even make some extra money. Auction websites now offer online auctions and bidding for anyone interested in collectibles or other items, making it easy to participate from the comfort of your home.
DealDash is one of the largest auction sites where you can find almost anything you need. To learn more about how DealDash works, keep reading and dive into the world of online auctions!
DealDash was founded by William Wolfred in 2009. It operates on an auction-based business model, allowing users to buy products below market price. The idea came from William’s frustrating experience of losing a $20 bid on a MacBook on a penny auction site. Using his savings, he created DealDash, where customers can place bids and pay for each one, regardless of winning or losing. Each bid raises the item’s price until the auction ends, and the highest bidder wins the item.
DealDash received funding from a Finnish public agency called Takes, which supports various youth programs. They have also provided employment, training, and customized services for young people, raising between $1.5 to $2 million. The CEO of Rovio Entertainment later expanded this funding.
DealDash is a penny auction site, which means the price increases by just one cent with each bid. This often results in prices much lower than market value. When you place a bid, the price and the auction time increase by 10 seconds. The highest bidder when the clock hits zero wins the item.
To start bidding on DealDash, you need to purchase bids. These bids don’t have a fixed price and can vary depending on the product. Using bids is straightforward – just place your bid to have a chance at winning the item.
DealDash offers a “Buy It Now” (BIN) option to prevent customers from losing out completely. If you don’t win the auction, you can purchase the item at its retail price and get a refund for all the bids you placed. This feature ensures you don’t walk away empty-handed.
To bid on DealDash, browse the listings and click “Bid Now.” Make sure to purchase bids first. DealDash also has a feature called “Bid Buddy,” which allows you to set the number of bids you’re willing to place, and it will automatically bid for you.
Remember to factor in the cost of bids when calculating the total cost of an item to ensure you’re saving money. If you win, you pay the final price based on the bids placed. If you lose, you can still buy the item and get your bids refunded.
DealDash offers several features to enhance your auction experience:
– **Bid Buddy:** An automated bidding service that places bids for you.
– **Free Bids:** Earn free bids by winning auctions or leveling up on the site.
– **Badges:** Earn badges by completing tasks, winning auctions, and more, which can also earn you free bids.
– **Promotions:** Enjoy various offers, such as 50% off deals, which allow you to pay only half the final bidding price if you win.
DealDash accepts multiple payment methods, including American Express, Mastercard, Visa, Discover, and PayPal. Plus, no sales tax is charged for those outside Minnesota or Illinois.
To succeed on DealDash, start by buying small bid packages and researching the items you want to bid on. Track your competitors’ bids to develop a winning strategy.
While DealDash has its pros and cons, it is not a scam. The site has clear rules and regulations, and the “Buy It Now” feature helps mitigate losses. However, be mindful of your spending to avoid losing more money than you win.
If you’re unsure about auctions, consider other platforms like Craigslist or Letgo to buy and sell items. You can also use sites like Decluttr to sell electronics and other items.
DealDash is a legal auction site where you can buy or sell various items like antiques, gadgets, and gift cards. Create an account, browse listings, purchase bids, and start bidding. With features like Bid Buddy and free bids, DealDash aims to make your auction experience enjoyable and straightforward.
Whether you love auctions or not, DealDash is a great site for finding branded items at lower prices and earning rewards along the way.