Wednesday, September 06, 2006

Best Times to Make Money Selling on eBay

Best Times To List an eBay Auction For the Best Overall Results...

Of all the times for you to submit your ad, Saturday and Sunday mornings between 6:00 am and 9:00 am have been the best for me. But when you end depends on what you sell and the type of auctions you run.

Traffic is highest on eBay during weekend mornings. In fact, traffic is particularly heavy throughout the whole weekend.

My own reason for choosing mornings will become very clear a little later in this Chapter. Since a main strategy of mine always focuses around getting 30 bids on my auctions as quickly as possible, I like to get my best exposure at the first of an auction.

What's the reason I want 30 bids quick? Extra free exposure. If any of your auctions go over 30 bids your auction gets special free exposure on the site. That translates into an enormous traffic boost. I'm sure you've seen the little blowtorch beside an item.

That's what you want- it means your auction is on fire. The faster you get 30 bids the longer your auction burns bright.

To bring you up to speed here- your natural listing exposure in the search engines and category listings are best on the first and last day. And two categories people always browse are "Just started", "Ending Today", and "Going, Going, Gone".

If you track your auctions with counters at honesty, you will always notice a spike in hits on the first and last days.

When listing you can always choose to have your best exposure on the first day of the auction or the last. If you start in primetime, your last day with be strong.

If you start in the morning, your first day will. But I only recommend doing this on the weekend holiday's where noone is working. By the way, people do a good deal of bidding on holidays- because they are not at work :)

If you are selling one item or less than 30 items, use the primetime strategy of listing. This simply means stop and start your auctions in the evening.

If you have auctions ending in primetime, you might want to avoid ending them on Tuesday or Friday night... two days that have been traditionally off for me.

Do you always start and end your auctions at the best times? To be on the safe side, always have auctions start and stop when traffic is the heaviest- In primetime and on the weekends.

I've seen people end an auction at 3 in the morning... not good. They just threw away a chance at having their best traffic...

So make a habit of beginning and ending auctions during primetime.

A couple of other things to factor into this:

Remember your target audience- homemakers bid during the day. It's the same with someone who is retired. Get the picture?

When you hear about all the different best times to list, this is why- different people browse at different times. If you're ideal customer were an 18 year old interested in comics, maybe you could end your auction at 2 in the morning and get better results :)

Test your results. Find out what works best for what you sell.

Also- if you want your item to show up during primetime, remember there is 2-3 hour posting delay, so post 2-3 hours early. For instance, if you want your auction to end at 10PM EST, then start your auction at 7PM.

You'll also want to watch out for events that affect traffic habits as whole. Like the SuperBowl Sunday. Don't be like me and try to end a mass of auctions on that day. Not unless you don't want any bids at the end of your auction.

Keep in mind that there are up months and down months. August is typically slow for most - the colder months on the other hand... out of sight. You definitely want to be selling during those times.

October to April are the best months to make money selling on eBay