posted on February 15, 2004 07:31:14 PM new
I start my auctions on Thursday night @ 11:30PM & run for 10 days. That gives me 2 weekends of viewing. Just sold 3 widgets for a total $258.00. This is typical of Sunday evenings for me. The last day of bidding.
posted on February 15, 2004 07:39:18 PM new
I've been running some one day auctions.
Do very well.
As good as the 7 days.
10 days seem to be a waste, though I have used them.
posted on February 15, 2004 07:45:54 PM new
Dad: what is the average value of your mdse? I sell very rare & collectible china & an average sale is over $50.00. I want as much exposure as possible & for a dime I get 2 weekends, & do very well this way. Pieces I just sold are 90+ yrs old & look like new. To each his own.
[ edited by sanmar on Feb 15, 2004 07:47 PM ]
posted on February 15, 2004 07:54:08 PM new
I am sure the items that sanmar sells needs all the exposure. Althouth ten day auctions are to long for me for his china they need to catch the buyer that only comes to eBay a couple of times a week and it seems like it works good for him. Now dad I don't know what he sells but it must be something that the buyers are searching all the time and are on eBay constantly. I guess it is what ever works for you is the best way to sell.
posted on February 15, 2004 08:10:43 PM new
Thanks Libra, This is what marketing is all about. The buyers I am looking for are not the ones who are on eBay all of the time. These buyers come when they have time & see something that catches their eye. Last week I sold 5 pieces to a buyer in AK who had never been on eBay before. She was filling in a set from her grandmother. If I had put this on a 1 day auction, she may have never seen it. I would have lost over $300.00 in sales.
posted on February 15, 2004 09:55:22 PM new
I agree with Sanmar. I deal quite a bit in china and pottery and the two weekends exposure definitely helps my auctions. Even with the jump to 20 cents for the extra days, I feel it's worth it. However, Ace came up with an idea a couple weeks ago that I want to do a little research on. That is a seven day auction with an immediate relist if not sold. With the listing and 10 day fee increase, the extra 4 days exposure of two back to back 7 day auctions looks like a bigger bang for your buck, especially if it sells during the second listing. This is assuming of course that you don't go wild on reserves, bold and all the other bells and whistles that add up in a hurry.
The light at the end of the tunnel will turn out to be an oncoming train.
posted on February 16, 2004 10:38:24 AM new
My average is not high.
However I put a couple items on last Fri. for one day.
20 yr. collectables.
In the 24 hrs. they received 6 bids each.
They didn't meet the reserve.
So I now have them on for 7 days,we'll see how they do.
Seems to me the shorter the better.
People search Newly listed and Ending soon.
The 5 or 8 days in between the seem to get lost in Limbo.
posted on February 16, 2004 04:17:26 PM new
This debate is always interesting. I have sold for 5+ years on ebay, and went from 7 day to 5 day auctions about 2 years ago. Sales are the same if not a bit better. I think the length depends on what you are selling, particularly if it is collectible or not. If you sell widgets that you can get anywhere and everywhere, one to three day auctions help you move product quickly. It may also be a great idea to sell electronics, computer equipment, etc. in less time due to the rapid changes in the industry. I have seen the value of computer RAM fluctuate day to day, and go up and down 25% on the wholesale market in just hours. If you sell collectibles that are much more rare, the longer terms of 5-10 days are probably the way to go. You get the every day viewers, plus your weekly viewers, and your occassional viewers who may be looking for that one rare thing. I really think it depends on the rarity, and value.
