THE BEST TIME TO SELL ON EBAY
When you put an item up to sell on Ebay, You want not just everyone in the world to see it, But everyone in the world to bid on it, So that the $1.00 item sells for a million gajillion dollars, Unfortunatly, Thats not going to happen, But there are things that you can do to increase your chances of the item you are selling getting more views which can lead to more bids, Which can lead to more money for you.
Firstly, Before you put your item up on Ebay, Have a look around and see how many other sellers are selling the same thing as you. The more people selling the same item, The less yours will go for, So you may want to consider waiting until theres not so many of those items up on ebay.
While you are looking at these other auctions, Take note of the starting prices, How many bids they have, Did they sell, And the ending price, If you dont want to wait, Start of with a lower starting bid, This may incourage more people to bid on yours, And If you can get a bidding war going you could end up with a good ending price.
The best time to actually start an auction depends on who you beleive your target audience is, Here are some examples:
If you live in America and your target audience is anyone in America, The best time to place an auction is on Sunday or Monday night at around 8.30 to 10.00 eastern standard time, The reasoning for this is because Sunday & Monday nights is the busiest time, And your auction can take up to an hour before it can be found in search results, When you take into account the time difference, people on the west coast will see it after they get home from work, And people on the east coast will see it before they go to bed.
If you live on the East coast of America and your target audience is the west coast of America, You may want to wait till around 10.30 est on Sunday or Monday night, That will put your auction up at between 7.30 and 8.30 at night, Which is a good time to catch the west coast.
If you live on the West coast of America and your target audience is the East coast of America, You may want to wait till around 5.00 pst on Sunday or Monday night, That will put your auction up at between 8.30 and 9.30 at night, Which is a good time to catch the East coast.
If you live on the East coast of America and your target audience is Hong Kong, then the best time to list your item is at 08.00am, Because Hong Kong is 12 hours behind Eastern Standard Time, And that would put your auction up at around 8.00pm to 9.00pm Hong Kong time.
Use any search engine and type in time zones to find out the best time to list your items
Also, Think about the Major gift giving holidays like Christmas, But make sure you list the item so that you have time to send the item to the winning bidder in time for the holiday, You can use Ebays Gift Icon to help boost your sales around these times.
A quick recap, The best time to start an auction is on your target audiences Sunday or Monday night at around 8.00pm to 10.00pm.
And a final example, Say you are selling an autographed card of a player who plays for a sports team on the west coast of America, You are likley to get more response listing it at a time when most people in the west are on ebay, Rather then listing it while they are still all at work, at school or asleep.
I hope firstly that I didnt send you to sleep reading all this, And secondly, That this guide helps you make more money on Ebay.