posted on September 8, 2001 06:37:53 AM
I have a lot of items to move as I have been sick and unable to list a lot lately. Being sick did not curb my appetite for buying things for selling later. As with most sellers, I see my items (sometimes) get bids early in the listing but the major bidding comes in the last 24 hours.
There is one seller that I have been watching for a year or so that only sells using 5 day auctions. Her auctions do not appear to suffer with this format and she has a great turnover on her items.
Do any of you sell using only a 5 day auction format only? If you once sold using 7 or 10 days, do you think this adversely affected your sales?
posted on September 8, 2001 06:51:28 AM
I have been wondering the same thing. I would like to have a faster turnover. I have tried a few five day auctions in the past and it didn't seem to make a difference but I would like to hear from someone who runs them consitently.
BTW - it is SNOWING at my house - we have about two or three inches already.
posted on September 8, 2001 07:00:07 AM
For my items, when they close is more importaint than how long the auctions run. I've had good luck with 5 day auctions.
posted on September 8, 2001 07:31:29 AMrainbowman: I have items that I cannot use BIN on but I, too, would like a faster turnaround. That is why I am considering 5 day auctions.
microbes: I wanted to make sure my 5 days included a weekend. If you don't mind sharing, what are your best closing times?
posted on September 8, 2001 07:43:30 AM
I use the 5 day and 3 day auctions for common Barbies, beanies and other items that that have a bazillion listings, and do very well. Actually I get much better prices on the beanies when I run them on a 3 day rather than 7 day auction.
I usually have those auctions close on saturday night, but mondays are good also.
posted on September 8, 2001 07:57:19 AM
rainbowman: where do live that you are getting all that snow. Here in Wisconsin we are having a lot of rain, but it is warm.
posted on September 8, 2001 08:02:01 AMaliceroadIn the mountains west of Denver at about 8,000 elevation. It is supposed to snow all day - we could get 7" or so they are saying! Yuck.
microbes When do your auctions close? What time is best on those days?
posted on September 8, 2001 09:01:44 AM
For what I sell, I try to make things close on the weekends, and after people in california have had their coffee.
posted on September 8, 2001 09:57:12 AM
I usually use the 5 day when listing on Friday or Saturday. I don't necessarily like my auctions closing on Fri. or Sat., but with the 5 day I can at least get them on ebay for a Wednesday or Thursday closing.
Why don't I like Fri. or Sat. for closing days? Habit I guess, but it they seem to be, for me anyway, the two slowest days of the week for getting bids. Not always though. Sometimes Fridays and Saturdays are good--about every second or third week for me, Fridays and Saturdays are good.
This is just how I work it. Others may say that Fri. and Sat. are their best days.
posted on September 8, 2001 11:39:09 AM
I am sure it may differ for other categories but I usually list in antiques or collectables and after trying both 7 and 10-day auctions I switched to 5 day a couple of years ago. I noticed that most of the bidding was the first day and the last hour, so why wait all that time in between. I tried 3 day but it takes so long for the search to be available that it didn’t work for me.
As far as time of day; I started listing after 9am Pacific to get away from the eBay outages/slowdowns in the evening. It works good as it hits the lunch hour in the Eastern Time zone. I don’t believe the day of the week matters at all, I list 7 days a week and am having a record breaking year so far.
posted on September 8, 2001 11:47:54 AM
I crossed my fingers and, tremblingly, tried a 3-day recently. I'd goofed on an auction and needed to relist it. And I got a very good price for my item--as many bids as I expected, too!
I think the secret is that I put "3-day" in the title line. I'd do that again, and also for a 5-day auction, just to alert the browsers.
posted on September 8, 2001 05:02:38 PM
Most of the time I use 7 day but after Thanksgiving I post all my auctions at 3 days for my inventory that sells quick anyway.That way I sell more items in a shorter period of time.Last year I was putting items back on three and four times a day.Don't know what it will like this year.
posted on September 8, 2001 05:29:14 PM
I find 5 day auction do effect the out come I have no Idea why but I could list one 5 day auction with or with out BIN and one 10 day Auction with or with out bin the 10 day auction will sell 9 times out of 10 and the 5 day auction will be a relist.. http://www.Dman-N-Company.com
Email [email protected]
posted on September 8, 2001 07:58:34 PM
For higher-end antiques and Collectibles, or those that seem to attract more or equal male bidders, I stick with the 7 day, occasionally 10, if I've used the featured listing options.
Otherwise, I'm leaning more and more to 5 day. I, too, always state 5 day auction , ends ***day, on its own paragraph, to alert bidders that assume all auctions are 7 day.
Mostly, I have them end on Sunday morning/evening or Monday night.
5 day-ers are O.K. even on Tuesdays, Wednesdays, Thursdays with items such as postcards or books. I avoid Friday and Saturday endings where possible, due to busy bidders, vacation time, yardsale day, etc.
posted on September 8, 2001 08:31:00 PM
I was always 7 days, that was the best cause when I wanted something to close on a day and time, listing it the prior week at taht day and time was great.
Because of eBay and me being a bad boy listing more than 10 of the same item I moved to a 3 day format. Could not tell a difference except you have to get used to listing items for Sunday evening on Thursday evening.
As with most sellers, I see my items (sometimes) get bids early in the listing but the major bidding comes in the last 24 hours.
