When and how long should you post your auction for? What Time is right?
Everyone will answer this question differently each of us have our own tips so this is
speaking from our past experience.
We feel the best time to post your auction would be on a Thursday Afternoon around 5:00
cst.
When you post your auction up on ebay it will take them about 2‐3 hours to run the auction
live on their site.
You do not simply click the button and BOOM! it's up that is farthest from the truth.
You have to wait unless of course you would like to PAY ebay another fee to get your
auction up at a specific time! Why do that? Just wait and keep your money or you are going
to have to add more money to the cost of your item to make up the difference.
So we post our auctions at 5:00 on Thursday and we run a 3 day auction! YES a 3 day
auction.
Why not a 10 day auction? Well you can do that if you want it all depends again on what
you are selling.
Almost 95% of ebay's bidders just click the ending soon or going going gone button to
purchase what they want NOW. They do not want to wait!
So what we do is run the 3 day auction simply because we will have the advantage over the
other sellers who are selling the same item that we have and ours ends sooner and this will
end on a Sunday Night which is ebay's biggest nights for bidders!
If a bidder finds our auction ending in 1 day and the other seller's auction ending in 7 days
who is he going to bid from? If he wants it bad enough and fast we win!
Thurs.‐Sun doesn't get any better on ebay. People are home from work and are surfing the
ebay for goods. A 3 day auction in our opinion pulls in more bids!
Now recently ebay has let sellers use the Buy It Now option with dutch auctions.
So listen up!
If you are running a Dutch Auction we would advise you to start this on a Friday Afternoon
around 5:00 CST and run it for 10 days using the Buy It Now. Your auction will cover 2 full
weekends of bidders being able to view your product so Friday is the best with this route.
The buy it now advantage is that people do not have to wait for your auction to end so it
doesn't matter how long your auction is running they can purchase your item now and don't
care if it ends in 10 days.
You set the price for your item. You set the Buy It Now Price and they purchase it. The 10
Day Auction advantage here is that your items can be sold with the buy it now for 10 days
straight without you having to repost this auction over and over again if you were to use the
3 day route and your item is shown 2 weekends straight.
You must have a feedback of 30 in order to run a Dutch Auction.
You must have a feedback of 10 to use the Buy It Now Option.
So if you don't have 30 bids you cannot sell more than 1 of the same item (dutch auction) so
take our advice and run the 3 day auction.
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