It’s called “Time as highest bidder”, a progress bidder bar fills up each time you become the highest bidder in an auction. Free bids with “Time as highest bidder”: An amazing feature with DealDash is its unique gamification element.Free delivery: DealDash is available only in the USA and provides free delivery within 14 days.Full refund on first purchase: The interesting catch about DealDash is you can use it for free and get a full refund on the first purchase within 90 days.Let’s look at the other amazing DealDash features. Once you use a bid for an item, you’ve to use another to participate in the auction again. The bidding cost starts from 12¢ to 60¢, depending on the offers and discounts. You need to buy a bid in order to be eligible for the DealDash auction. Meanwhile, the site runs on the basic business model strategy. Eventually, you can try new auctions without buying more bids. Moreover, every time you use “Buy it now”, each bid you put in the auction will return into the bid balance. It makes DealDash different than other e-commerce auction sites or apps. This pretty good feature provides a chance to save bids. Whereas DealDash offers the losing bidders a “Buy It Now” option to get their bids back free by purchasing the product at its retail price. Basically, people gamble their money with less chance of winning, as in many auction sites. In most traditional auctions, the final bidder wins and others lose money. What Is The Catch About DealDash?īeing a penny auction site and mobile app, DealDash is different from other auction sites in an amazing way. Eventually, the auctioneer profits a good amount from the fees charged for each bid and final payment to sell the item. The last bidder wins and pays the total winning bid amount for that item. The auction ends when the time expires and no one bids more than the current bid. Whenever a new bid is placed, the auction gets extended, mostly by 10-20 seconds. Moreover, every bid starts with a similar rate and marginally increments the rate by a small amount. In short, you’ll pay a non-refundable amount to place every small incremental bid. It’s a bidding fee auction where participants pay a non-refundable fee to purchase a bid. What is Penny Auction?īefore proceeding to details, let’s get to know about the penny auction. Keep reading the article to know how does DealDash works and makes money. However, several recent scam reports by customers have raised concerns. Though it requires a bit of luck because only one bidder can win and get the product. No wonder why DealDash advertises “savings up to 99% off”. It offers customers to purchase at a much lesser price than the actual price. Similarly, in DealDash, customers can bid on electronics, apparel, beauty products, home goods, jewelry and many more starts at 0¢. Like, a commercial marketplace Amazon or an e-Bay auction, where sellers bid different rates for the same item. Since 500BC, the auction has maintained its existence and influenced many business models. Founded in 2009 by Willam Wolfram, a 16-year young entrepreneur, this e-commerce site runs on the penny auction strategy. If you’re interested in a bidding auction, DealDash is the largest pay-to-participate auction site.
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