18 Feb 2008 04:53:04 | Kirsten Hawkins
It's usually when auctions are about to end that they get half
their bids - sometimes they even get their only bids. If you
want your item to sell for a good price, then, it makes no sense
to let it finish on a day and time when no-one's going to be
around to care.
Selling to Business.
If you're selling business equipment and have mostly business
customers, you should really aim to have your auctions finishing
between 9am and 5pm on weekdays. It is worth, however, trying to
avoid mornings and avoiding the 'lead-in' and 'lead-out' that
takes place on Monday and Friday themselves.
Selling to Home.
If most of your sales are to private customers having it shipped
to their own home, then you want your auctions to finish when
these kind of customers will be around. Unfortunately, these
times are the opposite of what they are for the business
customers. The ideal time to catch a home customer is on a
Sunday evening.
List for Durations.
In order to get your listings to end on a particular day, you
can simply change the duration of your auctions depending on
what day it is. For example, if you mostly sell to home
customers and the day today is Thursday, then your auction needs
to run for either 3 or 10 days to hit a Sunday. If you sell more
to business and the day today is Friday, then:
a 1 day auction would be bad (finishing on Saturday), 3 days
would be alright (Monday), 5 days would be good (Wednesday), 7
days would be good (another Friday), and 10 days would be
alright (Monday again).
You could draw up a little timetable of when you should and
shouldn't be listing depending on the days of the week - make it
red, amber and green, traffic light style, and stick it on your
wall.
Schedule Listings.
Of course, if that all sounds like too much trouble then there
is an easier - if more expensive - way of doing things. Simply
use any of the many tools that let you schedule listings (almost
all listing programs and sites do) - you can set the start date
for any day and time you feel like.
Be aware that you might have to pay a few cents per listing for
this if you do it through eBay. With some software, you may also
need to leave your computer on all the time, so the software can
start the auctions when it's supposed to. The advantage of this
method, however, is that there will be no per-listing fee, since
the auctions were scheduled through your computer and not
through eBay.
If it's the home market you're after, then you might not have
realised what one of the most powerful things to sell on eBay
is. I'll give you a clue: it's not consumer electronics, or
media products. It's what eBay is famous for. Check out the next
email for more.
Tips for Selling Collectibles on eBay.
Yes, collectibles! Collectibles are where eBay started, and
they're still one of its biggest areas - however much they might
want you to believe they're not. eBay's most hardcore and
long-time users are almost all collectors of something or other
- it is quite common to post what you think is a mundane item,
only to have collectors suddenly go to war over it because it is
somehow linked to something they collect.
Collectors are the people on eBay who really do pay top-dollar
for things that seem like junk to you and I - not to mention to
the people you'll be getting your stock from! That's why you can
make so much profit on collectibles. Here are a few tips.
Go to people's homes. People's homes are full of things that
someone out there collects - they are the best and cheapest
source of collectibles out there. Sure, you might find something
if you hang around at enough garage sales, but you'd have
competition. Getting invited to people's homes to look around
should be a dream for you, and one you're doing your best to
make a reality.
Buy on other auction sites. You'll be surprised how much money
you can make if you buy the collectibles that people sell on
smaller auction sites like Yahoo Auctions, and then list it on
eBay. These sellers will often be perfectly knowledgeable about
their item, but simply getting a lower price because they serve
a smaller marketplace. Sometimes you can almost double your
money.
List in non-collectible categories. If your collectible doesn't
have a category of its own under 'collectibles', you might
prefer to list it in a category that has something to do with
the item but nothing to do with collecting. What you will often
find is that people browsing a category for their favourite
thing will pay more for your collectible than actual collectors
would.
Do lots of research. Never list something you think might be
valuable without searching and searching to dig up every piece
of information you can on it. Everything you find out is likely
to be useful when you come to list it.
List every tiny, tiny detail. Remember that collectors really
care about the most seemingly insignificant things. An item from
one year can be worth thousands while the one from the year
before is near-worthless, or an item that is one shade of a
colour can be worth far more than one of a subtly different
shade. It's not worth puzzling over and it's not worth trying to
pass your items off as something they're not - just make sure
you put absolutely everything you know in the description.
When you are listing items that require close research and
description down to the tiniest detail, however, don't be
tempted to steal someone else's work! Whatever you do, don't
take another seller's description and try to pass it off as your
own, as this could have all sorts of consequences for you. Our
next email gives you a guide to eBay's policy on 'description
theft'.
About Author :
Kirsten Hawkins is an Ebay and internet auction enthusiast from
Nashville, TN. Visit http://www.auctionseller411.com/ for more
great tips on how to make the most from Ebay and other online
auctions.