I buy a lot of things on ebay not as much as Barry
but still a lot.
What do you think of ebayers that put 9 day listings on itmes ,
I always laugh and wonder what the hell are they thinking and do they really think that they are gonna get the last dime drawing a auction out to a 1/3 of the month,
I think folks that buy on ebay are ones that search every day not someone who says tonight i am gonna devote to ebay, 1 a week or 1 once a month an just happen to hit it right.
I have a love hate relationship with ebay, but i hate it when people list there items for 9 days hoping to get the last fish.
I could never figure that
one out...why put a long duration auction on eBay...it costs extra.
My love-hate relationship with eBay is mostly love because where else am I going to find the items I'm looking for?
By the way, Lloyd, look at the Sonneman thread 'cause I posted the photograph you asked for, as well as a snap my new deck Richard Schultz furniture.
Two extra days to wait-- is it gonna kill you?
I've frequently discovered items on their ending day, that I've then bid on.
A longer auction duration obviously means that more potential buyers will see it, the additional cost to a seller is insignificant. Are you forgetting that a seller's objective is to get the highest possible price?
I
I usually list for ten days
It costs the same..(well it does here in the UK)
and logically it gives you the greatest exposure, not everyone is glued to their computers like all we probably are 😉
More people look on ebay at the weekends- so a ten day listing can span two weekends, instead of the one of a 7 day listing.
More exposure
Simple logic and maths...
longer listings on ebay
They also allow you to spread the listing chore over more time while ending on the golden Sunday evening (well, it's golden in UK).
When I sell, if something is unusual, then I want as many people as possible to get the chance to view it.
When I buy, if I really want the item, then a few more days won't hurt.
A proven model
Lauritz in Denmark used to list their items (when they opened for business) for 14 days thinking that they would get a better price. But in the end you most of the time dont get more money out of it and the longer that an item is on auction, the longer the aucrtion house and seller has to wait to the the money.
http://www.luckners.com
Response to Luckners
"...in the end you most of the time dont get more money out of it and the longer that an item is on auction, the longer the aucrtion house and seller has to wait to the the money."
How can one get accurate data, regarding results of short versus long auction durations? The nature of the beast (auctions for vintage collectibles) is such that one can never accurately compare the two-- there are too many variables ( item, condition, timing, etc...).
Since TWO OR MORE interested bidders are the auctioneer's ideal scenario, it only makes sense that a longer auction will end with this result.
(Within reason-- a two month auction, for instance, would likely be counterproductive. Excitement fizzles, infatuation fades, attention's diverted...)
As for waiting an additional week for payment-- that's a rather weak argument against the extended auction format, don't you think?
Sniping or old-fashioned "nibbling"...
...a larger pool of bidders results in a higher ending price.
If you've ever sold anything on Ebay, surely you've noticed that your quantity of "watchers" only increases as the auction progresses. More people focused on your auction means more potential snipers, don't it?
Always been a 7 dayer myself...
Always been a 7 dayer myself - I kind of imagine people get bored watching much beyond a week and move on.
My relationship with Ebay is love/hate too - I've bought some amazing things and sold stuff for amazing prices but I suppose I wish it had stopped developing around 2003/4 before the hoi polloi 🙂 moved in.
btw - don't you think its about time you got some help Stephen me old fruit?
stuff
if you are listing something that is actively searched for all the time, such as modern furniture, i really don't think 10 days adds much benefit. in my rough estimation, 90% of bidders will wait until the last 24 hours to bid. only if the item is "rare" or highly sought after, will bidding commence immediately and continue on a consistent basis through out the duration of the listing. even then, i'm not sure what 10 days gains for the seller. if someone really wants the item, they will snipe it at the last second for $10,000,000.
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