Analytics for Dealdash & Quibids

Analytics: Bid-Ninja’s Core Tool

Bid-Ninja Analytics delivers vital information through your web browser to help you bid smarter, which in turn will allow you to win more Dealdash & Quibids penny auctions while spending less money buying bids. Analytics is one of three penny auction tools within our software – the other two are BidBuddy (our auto-bidding tool) and Auction Tracker (a list of all upcoming penny auctions).
We often get asked how Bid-Ninja works. Rather than getting lost in tech jargon, here’s the simple version:

Collect Raw Data

We strive to collect every single bid from every single penny auction that takes place on Quibids and Dealdash, and have been doing so for years. Due to occasional technological challenges, outside our control, our collection rate is approximately 98.5% of total bids placed

Store Data

The raw data – made up of millions of bids, is then formatted, mapped to databases, and stored on large Amazon Cloud Servers

Analyze Data

Next, we analyze the data to find meaningful trends or patterns (called analytics) that tell us all sorts of cool things about each penny auction site and their respective players. If you’re curious and want a slightly deeper understanding of analytics click this Wikipedia link

Deliver Formatted Data

The final step, and the most important for our customers, is delivering the analytics (eg, trends, patterns, predictions) to an easy to use and intuitive interface within your web browser. The interface is Analytics (with an uppercase “A”) which displays the analytics (with a lowercase “a”) for you!

So now that you understand how Bid-Ninja Analytics works, what are you waiting for! Just install Bid-Ninja for Chrome or Firefox, enter a live Dealdash or Quibids Penny auction, and Analytics will automatically appear right on your computer screen on the auction page!

Watch the videos below to see

Product Specific Stats | Bid-Ninja Analytics
Bidder Specific Stats | Bid-Ninja Analytics

Bid-Ninja Analytics Explained

Upon entering any Quibids or DealDash penny auction, Analytics will be seamlessly inserted into the auction page.

Analytics has multiple tabs, each of which contains a different set of information. Each of these tabs will contain information specific to the auction you’re currently viewing and the bidders bidding on it.  All of the following tabs will be presented (click on each one to expand for an explanation):

Latest Tab

  • A list of every bidder who has placed a bid on the auction (the usernames of every bidder who has placed a bid are “clickable”.  Clicking on a bidders username brings up the User/Bidder Specific Analytics window that shows you a complete set of stats about that specific user)
  • Number of bids each player placed
  • Time since each bidder placed last bid
  • Dollar amount each bidder has spent on the auction
  • Remaining number of bids each bidder has left
  • Length of time each bidder has been playing on the auction
  • What type of bid each bidder placed last (single bid or Bid-O-Matic bid)
  • How many auctions each bidder has played and won
  • Total number of “Voucher Bid Auctions” each bidder has won lost (QuiBids Only)
  • The total number of “Voucher Bids” each bidder has used (Quibids Only)

Trending Stats Tab

Trending Stats Tab

shows you all of the following information, over the course of the following time periods: past 2 days, 7 days, 14 days, 30 days, 60 days & 90 days.  This allows you to see whether the prices for the product you’re viewing are trending up or down.

  • Average ending price
  • Median ending price
  • Minimum ending price
  • Maximum ending price
  • Number of auctions  for the product you’re viewing that have been analyzed during each time period to determine each of those statistics

Daily Stats Tab

Daily Stats Tab

shows you all of the following information for every day of the week.  This allows you to see which day of the week is the best day to play for the product you’re viewing (statistically) be showing you which day of the week the product you’re playing typically ends at the lowest prices.

  • Average ending price
  • Median ending price
  • Minimum ending price
  • Maximum ending price
  • The number of auctions  for the product you’re viewing that have been analyzed during each time period to determine each of those statistics

Hourly Stats Tab

Hourly Stats Tab

shows you all of the following information for every hour of the day.  This allows you to see which hour of the day is the best hour to play for the product you’re viewing (statistically) be showing you which hour of the day the product you’re playing typically ends at the lowest prices.

  • Average ending price
  • Median ending price
  • Minimum ending price
  • Maximum ending price
  • The number of auctions  for the product you’re viewing that have been analyzed during each time period to determine each of those statistics

Past Auctions Tab

Past Auctions Tab

shows you a complete list of every past completed auction for the product you’re viewing.  So if you’re looking at an iPad auction, and you click the “past auctions” tab, you’ll see a complete list of every previous iPad auction.  This tab will show you all of the following stats for each of those previous auctions:

  • Winning bidder (the usernames displayed are “clickable”.  Clicking on a bidders username brings up the User/Bidder Specific Analytics window that shows you a complete set of stats about that specific user)
  • Date and time the auction ended
  • How long the auction lasted, from the time the first bid was placed until the auction ended
  • What type of bid was the “winning bid”.  In other words, if the auction was won with a “single bid” or a “bid-o-matic” bid
  • The ending price of the auction was
  • Total number of bidders that placed bids on the auction
  • The total number of bids that were placed by the winning bidder

Bidding History Tab

Bidding History Tab

shows you a complete list of every bid placed on the auction from the time it started until whatever price it is at “now”.  This tab will show you all of the following stats for each of those placed bids:

  • Username of the bidder (the usernames displayed are “clickable”.  Clicking on a bidders username brings up the User/Bidder Specific Analytics window that shows you a complete set of stats about that specific user)
  • Date and time the bid was placed
  • Type of bid it was (single or bid-o-matic)
  • What price the bid made the auction
  • How long ago the bid was placed

Auction Summary Tab

Auction Summary Tab

shows you a quick summary of stats about the auction you’re viewing.  It shows you the following information:

  • Number of bidders that have placed a bid
  • Current price of the auction
  • Percentage of bids placed that were bid-o-matic bids
  • The percentage of bids placed that were single bids

Just Imagine …

Your sitting down at your desk with a pen, a notepad and a cup of coffee (which you’d need, as this would be exhausting).  You fire up your laptop and open up a Quibids or Dealdash penny auction because you see the item you’ve always wanted: a brand new iPad.

The auction is just about to start: 10 – 9 – 8 – 7 – 6 – 5 – 4 – 3 – 2 – 1.  You’re jotting down every single bid placed, as quickly as you can.  Your hand is on fire and you realize the auction isn’t even halfway over.

Halfway through the auction

You add up everything written down so far in order to see each user’s “bid spend.” By reviewing a user’s bid spend, you can see how many more bids he/she has left to place before which the dollar value spent on bids equals the item’s suggested purchase price. Obviously, the goal for any player (aside from having fun playing) is to spend less for the bids to win a particular item than it would have just to buy the item in the first place.

The auction ends

It’s time to add up everything in your notepad to see how much every bidder had spent in the auction.  Once you do this thousand of auctions of the same type (say, for example the iPad), you will have enough information to accurately determine the average winning price for an iPad — on any given day of the week and hour of the day.

This is what Bid-Ninja Analytics does

Except instead of using dozens of pens and reams of paper, and consuming gallons of coffee, Bid-Ninja utilizes massive Amazon Cloud Servers to do the work. Bid-Ninja servers monitor every single Quibids & Dealdash penny auctions to track every bid placed by every user on each of the sites: 24 hours per day, 7 days per week, and 365 days per year.

As we explained above, the bids are collected and analyzed in real time then displayed to users in their Chrome or Firefox browser, right on the auction page. This way, if you open up an auction and place a bid, Bid-Ninja will download, store, process, and display this information within milliseconds. Now that is truly is REAL-TIME!

Tracking Bids for Samsung TV with Bid-Ninja or Pen & Paper