When Is The Best Time For You To Start And End An eBay Auction?
You set the beginning price for an eBay auction when you offer an item for sale, and interested buyers place bids. You sell to the highest bidder at the end of the auction. While there are countless useful articles for eBay sellers, few of them address one crucial component of eBay auctions: the day you choose to begin and end your sale. To maximize your eBay auction income, you must understand how to determine the best days and hours to terminate your sale. Take a look at our suggestions below if you haven't yet chosen when to start and conclude your eBay auctions.
Automated Bidding Tools
The game is always changing, thanks to the development of automated eBay bidding tools. If some vendors find a way to sell for a greater price, other sellers will step in to fill the vacancies. Few vendors, for example, would propose selling their goods at midnight on Tuesday unless they knew the hour would result in a significant price increase because all other auctions have already ended. eBay will automatically bid on behalf of the high bidder against underbidders using the system.
This enables bidders to place extremely high bids while also assuring that they never pay more than the exact minimum required to outbid the next highest bidder. Buyers, also try to get an advantage by deploying automated bidding robots.
Reasons To Consider Time To End Your eBay Auction
The nature of buying has evolved in recent years, as has the manner in which it is carried out. Prior to the introduction of tablets and smartphones, the majority of online purchases were made in the early mornings, evenings, and weekends when individuals had time to sit in front of their computers and laptops. However, tablets and smartphones have had a huge impact on traditional purchasing methods, and with the development of wifi on the go, unlimited data, wifi hotspots, and, of course, apps, buyers may go online whenever they want.
In the past, graphs of online purchasing had big peaks at specific times of the day, and most vendors would strive to have the majority of their sales end at those times. Small peaks would still appear on today's graphs, but they would be far lower than they were previously. Because nowadays, no matter where they are, shoppers can simply pick up their phone and go online.
When Is The Best Time To End eBay Auction?
The best time to end the eBay auction is different in each area. Many long-time eBay seller supposes that the optimum time for ending an auction is from 6 p.m to 10 p.m Eastern (3 p.m to 7 p.m Pacific time). Choose an end time that permits the greatest number of people to see your item. The best time to end is at 7 p.m. The time your auction begins and concludes is the same. You can pay an extra fee to set the start time of your auction.
When Is The Best Day To End eBay Auction?
To have the best chance of earning greater bids, end your auction on Sunday. On Sundays, more people are at home, and purchasers have more time to research and bid at auctions than they do during the week. If Sunday is not an option, according to polls done by the internet portal AuctionBytes, you should choose Monday. While Saturday was originally seen to be the second-best day for ending an auction, sellers now believe that bidders are too preoccupied with other activities on Saturday to watch eBay auctions or place bids.
You also avoid the low bid days which are Wednesday and Tuesday. Wednesdays are one of the worst days to start an eBay auction for a variety of reasons. And out of all the days of the week, Tuesdays earn the fewest bids.
How Long Is An eBay Auction?
Listings expire in whole-day increments from the start time, thus if you submit your listing at 1:14 pm on Sunday and choose a 3-day listing, it will expire at 1:14 pm on Wednesday.
Listings that run during a daylight saving time shift will be paid for the entire period of the listing. For example, if you have a one-day listing that begins at 1 p.m. on Saturday and ends at 2 p.m. on Sunday, the listing will end at 2 p.m. on Saturday evening due to the daylight saving time spring shift.
If you want a seven-day auction to end on Sunday, start it the Sunday before. To ensure the auction closes on Sunday, start a five-day auction on Tuesday and a three- or a 10-day auction on Thursday.
Final Words
After all, you need to note these anomalies when deciding to list an eBay auction.
- The average price regularly rises by 11% from 7-9 p.m. PST.
- Normally, the hours of 11:00 p.m. to 3:00 a.m. PST are considered dead hours. Prices tend to skyrocket during these hours, often by as much as 15% on Monday nights.
- Saturday appears to be the same as every other day of the week on eBay.
- On any given day, the lunch hour appears to make little difference.
And finally, consider and use vouchers and discount codes if you want to buy any item on eBay. Read more interesting and useful articles of online stores at findcouponhere.net. Thank you for reading!
