In the online auction space, there exists an affordable way to get your hands on products for a great price. They’re called “penny auctions” – a popular term used to describe an online shopping method where people pay a small, non-refundable fee to bid on an item.
DealDash is the largest platform for bidding-fee auctions on the internet. Reviewing their bidding page, you can see items that range from small products like pool toys and pet beds to big-ticket items such as iPads, TVs, and gift cards.
How It Works
All bids start at zero, and every time you bid, the amount is raised by $.01 and the timer resets to 10 seconds. Bids cost up to $0.10-$0.60 each, though they’re often sold at sale prices of between $0.12-$0.15, or can be earned for free from promotions. Bid packages can be purchased upon signing up.
Once time runs out, the last person to bid wins the auction, and the shipping is free on all purchases.
This makes it possible for patrons to pay significantly less for items that they would otherwise be breaking the bank for. Imagine getting a $6,449 chandelier for only $21, or a new $79 leather phone case for just $1.47.
If it sounds too good to be true, DealDash has an entire page on their website dedicated to showcasing their daily winners, all with savings like the ones previously mentioned. These reviews come from real people who have scored real savings using DealDash’s bidding system to win prizes they would otherwise be paying a premium price for. Every 24 hours, the page updates with new winners, so you can trust that the winners at DealDash are legit.
Is DealDash Legit?
So back to the question: Is DealDash legit? All of the company’s items are either obtained from overstocked warehouses or come directly from partnerships from companies like Walmart, according to their website. As such, DealDash can afford to let these big-ticket items go for such affordable prices, as they have an established, mutually beneficial relationship with their partner companies.
While DealDash offers their patrons the ability to win auctions at a fraction of the cost, some are still a bit skeptical and fair criticisms of auction sites exist online.
The DealDash Learning Curve
You do have to pay for every bid, which means if you aren’t the winner, you do lose some amount of money depending on how many times you bid. The uptake here is if you do lose on a bid, you have the option to purchase the item at retail price and have your bids returned to you. So, if you really want something, you don’t have to worry about missing out completely.
DealDash does require an investment of both time and money, as you actively have to monitor your bids. The site does offer an automatic bidding option called “Bid Buddy.” When you load Bid Buddy, it bids in order of the other bidders signing into the auction. You can select how many bids you want Bid Buddy to put in and hope that yours is the last one.
This makes it possible for more “passive”…