When is the best time to start/end an auction?
October 19th, 2006 jeff–> Again, it depends on what you sell. Ebay seems busiest on Sunday nights, but there are numerous reasons why ending auctions at that time may not be a good idea. For instance, if many of your competitors are ending auctions at the same time, the bids may be split between those competitors and the final values might be lower. Also, keep in mind that holidays are generally a bad time to end auctions. Also, consider your audience. Some items sell very well during the daytime since the bidders for those items are surfing from work or when the kids are at school. Other items sell better with evening closing times for similar reasons. Experimentation is strongly recommended. And don’t forget that you’ll need to retest your assumptions periodically since buying habits change with time as well. Source: www.wikifaq.
Again, it depends on what you sell. Ebay seems busiest on Sunday nights, but there are numerous reasons why ending auctions at that time may not be a good idea. For instance, if many of your competitors are ending auctions at the same time, the bids may be split between those competitors and the final values might be lower. Also, keep in mind that holidays are generally a bad time to end auctions. Also, consider your audience. Some items sell very well during the daytime since the bidders for those items are surfing from work or when the kids are at school. Other items sell better with evening closing times for similar reasons. Experimentation is strongly recommended. And don’t forget that you’ll need to retest your assumptions periodically since buying habits change with time as well.
Again, it depends on what you sell. Ebay seems busiest on Sunday nights, but there are numerous reasons why ending auctions at that time may not be a good idea. For instance, if many of your competitors are ending auctions at the same time, the bids may be split between those competitors and the final values might be lower. Also, keep in mind that holidays are generally a bad time to end auctions. Also, consider your audience. Some items sell very well during the daytime since the bidders for those items are surfing from work or when the kids are at school. Other items sell better with evening closing times for similar reasons. Experimentation is strongly recommended. And don’t forget that you’ll need to retest your assumptions periodically since buying habits change with time as well.
Again, it depends on what you sell. Ebay seems busiest on Sunday nights, but there are numerous reasons why ending auctions at that time may not be a good idea. For instance, if many of your competitors are ending auctions at the same time, the bids may be split between those competitors and the final values might be lower. Also, keep in mind that holidays are generally a bad time to end auctions. Also, consider your audience. Some items sell very well during the daytime since the bidders for those items are surfing from work or when the kids are at school. Other items sell better with evening closing times for similar reasons. Experimentation is strongly recommended. And don’t forget that you’ll need to retest your assumptions periodically since buying habits change with time as well.