posted on February 1, 2001 12:34:10 PM new
Ok, I'll admit I haven't listed or even paid much attention to Ebay since before Christmas. But suddenly I realized that the 10 day auctions are going to cost me an extra dime.
Um, why?
Was that ever explained anywhere? If the 10 day costs 10 cents, then shouldn't the 7 day cost 7 cents?
posted on February 1, 2001 12:38:46 PM new
Not only that, but all the basic listing fees went up also. If you are listing something for under $10 you now pay 30¢ instead of 25¢ and then if it's a 10-day auction you pay an additional 10¢ which makes it 40¢.
posted on February 1, 2001 08:47:34 PM new
I think a lot of people run 10 day auctions and start them Thursday to get 2 weekends and to end on a Sunday which is eBays busy day.
I wonder if that is the main reason they are charging more. 10 days doesn't matter if all the days are like Fridays because Fridays are terrible. So it's getting those 2 weekends and a Sunday end date.
They're gonna spead out the listing. Maybe Sunday night wont be the big night any more!!!
Anyone care to speculate on when the new big night woud be?
posted on February 2, 2001 05:02:06 AM new
The only thing I don't like about running 7-day auctions instead of 10-day is 7 day auctions don't show up in the last pages of auctions ending with the 10 day auctions that are ending at the same time, have to click on "auctions ending today".
posted on February 2, 2001 05:20:15 AM new
Sites all the time quote Ebay has 5.7 milion listings currently.
Mind you it is a bloated number to begin with. Many people take advantage of the new concept of listing a single item in 2 places. To random people doing manual counts they can't reflect the real number of actual items listed.
Lets say 10% of those are 10 day auctions...
The total number of current active listings on ebay at any given time will drop by a chunk if noone is going to pay the extra $.10
I'd be very interested in knowing exactly how many actual listings Ebay has....
In the end that means more money to ebay.....of course lol.
People not wanting to pay the $.10 will be relisting items more often.
Lets take this scenario. 70 days of activity on this idea....
A jewelery seller with a generic silver chain (I see lots of them btw)something they sell constantly.
Its under $9.99 so the listing fee will be $.30 + $.10= $.40 for 10 days
70 days of 7, 10 day listings
7 x $.40 =$2.80
If that seller says screw it and goes with 7 day listings....
$.30 each 7 days listing 10 seperate times 70 days of 10, 7 day listings
10 x $.30 = $3.00
http://www.lovepotions.net
posted on February 2, 2001 09:03:58 AM new
lovepotions: Thanks for that breakdown! I am just going to start relisting on Ebay (after a Newbie 'burnout') of several months and it looks like I'd pay less by sticking to my 10 day auctions which I liked previously. Seemed like longer exposure per auction was just as good as 7 day for me.....Thanks for all the good ideas.
Goingslow
posted on February 2, 2001 09:14:36 AM new
Looking at the above example, if you make (say) $5 Profit (final bid minus FVF minus cost of item) per auction, then in the 70 days, a 7 day auction format would net $47 of profit per 70 days, versus $32.20 for 10 days. So if you are running "constant" listings, go with the shorter one, assuming you end up with roughly the same final price.
Otherwise, if you have a fixed amount of stock to sell off, then use a 10 day format as long as your final price, on average, is $.10 more.
Its going to be pretty hard to tell if your final bid amount changes by a dime, by the way, so ultimately you probably just have to go with your best judgement. I tend to use 10 day auctions only if I'm listing over some sort of holiday period where I fear that for 3 or 4 days no one might see the listings.
