Home | Business | Entrepreneurships
This is a question which every eBay seller asks themselves from time to time. As you will know, you have a choice of a number of days for your auction to run. These are 1, 3, 5, 7, and 10 days. Now you might wonder why you would never give your auction maximum exposure? In the UK, for the same fee you can run your auction for any length of time from 1 to 10 days. Surely 10 days of traffic is better than 1 day? On ebay.com there is a slight difference in that 10 day auctions attract a small additional listing fee. But even here, a 7 day auction incurs the same fees as an auction of 1 day duration. However, different auction durations can be useful to you. For example, if you want a quick turnaround on your auction, choose the shortest duration. The potential downside is that you may be sacrificing profit. But if quick cash is your priority, a fast auction could be to your benefit. If you're patient, and have no particular reason to sell quickly, then a long auction will normally perform better. The number and value of your items are other considerations. If your item is of a higher price, and you have more than one to sell, it may be worth running 3 day auctions. With higher priced items the listing fee is a small percentage of the item cost. And, by running 3 day auctions, your item will be consistently higher up in search results. Also, if you have items that usually get a good number of bidders, it is to your advantage to list for longer periods. You can also do your own research into other sellers who offer similar products to yours. Take a look at their selling history and see what auction durations are proving successful for them. You can do such a search by noting your competitors eBay ID, go into Advanced Search, select Items by Seller, and ask to include completed listings. A further factor for you to consider is the popularity of your item. For example, if it's an item related to a holiday period like Christmas or Easter, you can try shorter term auctions. The final word on this topic has to be a general one which applies to pretty much everything you do on eBay. And that is - test it out. Try different durations. After all, you are the best placed person to see what works for your items in your eBay market.
Information and Articles: http://www.mastersmba.com
Providing Information on various topics, please browse our other Articles for more informative resources, we house information on every topic imaginable so regardless of your needs you can be assured to find the answer here. If you wish to reprint this on your own website, simply click the "Web Version" in the right menu, and you are presented with a pre-formatted document to use.
A lot of the information is written by the Master Article team, and published exclusively on the MastersMBA.com website, and we do our best to research all information to ensure it's as accurate as possible. However at times we also publish documents given to us by other sources, we do examine these documents to ensure they are as accurate and correct as possible however at times they discuss highly specialized fields making it hard to authenticate the validity of every fact in the document. These are written by specialists in their respective fields, and we do trust their integrity and judgment however it's always a good idea when doing any research to consult a number of sources and form your own conclusion based on a number of view points.
Some of this weeks most popular categories are: Finance - Health - Business - Credit Loans and Acne