Is DealDash a scam? You may be pondering this question for a while, especially if you are an avid buyer constantly looking for better deals online.
DealDash is an online auction site that claims to be “where deals come true.” This penny auction site was founded in 2009 and has been doing business for over a decade. Here, you can get various products, from electronics and appliances to gift cards and designer items.
In this article, we’ll explain how DealDash works and whether DealDash is a scam or a legit site for you. Let us begin by analysing how DealDash works.
How does DealDash work?
If you want to participate in DealDash auctions, you must create an account and buy the bids. Bids are sold in packs of various sizes and, depending on the promotion offers, can cost you upward of $0.20 each.
After you buy the bid packs, it is time for you to enter into the auction. Each auction starts at $0.00 and has a countdown timer of 10 seconds. Every time someone places a bid, the bid price increases by $0.01, and the timer resets to 10 seconds.
If no one bids before the timer runs out, the last bidder wins the product at the final price. If additional bids occur, the auction persists until a lone contender remains.
However, be cautioned — every bid incurs a cost regardless of the outcome. For instance, bidding 100 times on a $10 item entails payment of $30 ($10 + 100 * $0.20) and potential taxes. Notably, employing the Buy it Now alternative enables buyers to procure items at their retail cost while regaining spent bids, though this might not always yield a favourable deal.
Let us understand the Buy it Now process and give you an example. If you bid 100 times on a product with a Buy it Now price of, let us say, $50, you can buy it for $50 and get back your initial 100 bids. But remember, the Buy it Now price is often higher than the market price, so you might not get a better deal.
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Is DealDash legit or a scam?
Now that you have understood how DealDash works let us discuss whether it is a legit or a scam website.
We have already told you that DealDash has been around for more than a decade, which would be quite difficult for a scam site to do so.
Moreover, DealDash boasts a Trustpilot score of 4.1/5, garnered from 3,000+ users, while also securing an A rating from the Better Business Bureau. DealDash also has a score of 4.3/5 on the Apple App Store.
DealDash’s operational intricacies and financial implications are outlined in its terms of service. A responsive customer support team stands ready via email or phone, solidifying transparency and accessibility. The website also operates a dedicated ‘best tips’ page for customers.
Any scam website wouldn’t go to this length as it requires legitimate business practices and patience to build such a website. Similarweb tells us that the website has north of four million monthly visitors. It is nearly impossible for a scam website unless they are trying to pull off a massive, millions of dollars worth of scam.
So, in conclusion, we can say that DealDash isn’t a scam. However, that being said, there are a few considerations that you need to keep in mind while shopping from DealDash, which we’ll deal with in the next section.
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What safety precautions should you take and how to get the best deals on DealDash?
All is not well with these websites.
Many users have complained about losing money on DealDash or not receiving the products they won. Some users have also accused DealDash of using bots or shill bidders to drive up the prices or prevent them from winning.
The truth is that DealDash is a risky and competitive game that requires strategy and luck. While remarkable discounts await successful bidders, heedless participation can result in substantial losses. Navigate this terrain only if fully aware of its dynamics and prepared for potential losses.
Follow the tips given below to use DealDash effectively:
- Set and uphold a budget; avoid overspending.
- Prioritize research; compare prices and reviews.
- Opt for auctions with lower competition.
- Employ BidBuddy for automated last-second bids.
- Exercise patience and strategy, avoiding rash bids.
- Recognize when to bow out; don’t let emotions drive you.
DealDash extends genuine opportunities for significant savings but you should exercise caution and follow the tips above to get the best deal.
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