• When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.

eBay auction length/day/time/strategies
1 1

28 posts in this topic

On 11/24/2019 at 1:35 PM, AndyFish said:

I've been on eBay since the beginning--  what I've found is the only really bad times to end an auction (besides first thing in the morning or the middle of the night) is Friday or Saturday nights.   Sunday is still the best return between 9-11pm EST-- make sure you're not ending on a Holiday.  

Over the years I've tried putting things up at a low but reasonable starting bid (say 70% of FMV) with absolutely crickets for response-- that same item if I start it at $9.99 with NO reserve will often sell for many times over FMV -- I've seen this over and over again.   As long as you're not ending it on Superbowl Sunday or when another auction site has a big comics related auction you'll get what you're looking for easily.   It's the nature of an auction.  

A few years ago I was at a live auction where a Batman #11 came up-- I sized up the room and thought there were few if any comic collectors there (this was a mostly antique auction) and the opening bid comes on at $500-- nothing-- $400 -- nothing-- down and down it goes, now I was hoping to pay $500 for this book, it was about a 4.0 (and a few years ago) but I got greedy and thought maybe I get a steal-- opening bid goes all the way down to $50 and then it starts-- and before long I'm locked in a bidding war with another guy in the room-- final bid $775--  and I often wonder if I'd just jumped in at that $500 would I have gotten it because the emotion is out of it.   I would have bid up to about $1200 for it during the heat of it because I was determined this guy wasn't going to beat me.

Same thing with eBay-- you often pass on something worth $200 with an opening bid of $150 because you just don't feel the deal, but then you start dreaming of getting that same item for $50 or so once the bidding has started and pretty soon you're stubbornly bidding above $150 because now you're invested emotionally.

My advice is the market is determined by what buyers are willing to pay.   Start it low and watch it go.

I've seen this a lot even at live auctions for other items as I find people go wait what has this person interested and want to pay just slightly over what the other guy pays as some people I believe justify it by saying well they are willing to pay x dollars so it must be worth that or that must be the value etc.. 

its a common thing I learned quickly and now if there is multiple of the same item for bid and they are auctioning them off one by one I go in first and when the bid is a bit higher but under what I want to pay; as when the second or third copy of the item comes up for sale believe me I will be the one paying the lowest amount, as those second items usually get a bidding war because of the emotional investment, etc.. and usually end higher than what I paid.. 

Link to comment
Share on other sites

On 11/25/2019 at 5:56 PM, chrisco37 said:

Way off topic....what ever happened to your Batman serial?  It was so good.  Did DC hit you with a C&D?   That was some of the best stuff I've seen in years.  Great art, storytelling.  Same vein as Timm.  It was wonderful.

Thanks-- nope quite the contrary-- they liked it and wanted to see if I could work it into a book-- maybe down the road, right now I'm busy with work at Dark Horse and with Archie Comics.

Link to comment
Share on other sites

2 minutes ago, AndyFish said:

Thanks-- nope quite the contrary-- they liked it and wanted to see if I could work it into a book-- maybe down the road, right now I'm busy with work at Dark Horse and with Archie Comics.

Good news.  Please keep us posted on any updates.  Congrats on your current work. But, I do hope they try and get your Batman stuff out there.  That was great stuff.  Everything worked (story, art, colors, etc..)

Link to comment
Share on other sites

On 11/25/2019 at 2:31 PM, AndyFish said:

Canada is a factor-- unfortunately.   It's universally known that people don't like to pay for shipping.   Sites like Amazon ruin it for everyone else.   Personally I'd rather pay a little bit more for safe and fast shipping than saving $4 and getting something in a month.

People don't like paying for shipping, it's true but if I offer something for $20 + $4 shipping or I offer something for $24 + free shipping, it's the same thing. 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
1 1