auctions end at low price

rayraymond1218 · #1 10-14-2012

Its october already and its getting worse,
whats going on with ebay? anyone has the same issue?

slim jim · #2 10-14-2012

it's just the risk of using auctions

rayraymond1218 · #3 10-14-2012

it happens to all of my accounts, dropped by 35~40%

MM78 · #4 10-14-2012

That's why I only do BIN. I don't like to take those types of gambles.

slim jim · #5 10-14-2012

there is always a dead spot before the holidays however i am with MM78 in that i use BIN

rayraymond1218 · #6 10-14-2012

damn I almost had heart attack....dont really know what to do now

slim jim · #7 10-14-2012

not to be crude but this is how sales go, if you can't take it then maybe it is not for you.

mcmx · #8 10-14-2012

Not everyone on here can relate since I'm sure nobody's selling the exact items as you.

rayraymond1218 · #9 10-15-2012

is it because too many auctions and less buyers trigger this?

slapped · #10 10-15-2012

The truth is that it is different for Everyone.
It depends HEAVILY on exactly what it is you sell,,,,

However that being said, It is NO Secret that Ebay's Sales have been eroding for quite a few years now, and it IS getting noticeable,.

I have been selling on Ebay for about 10 Years now and there is NO DOUBT it is getting Slower, that is also due to the fact that there are a LOT more sellers now than back then too, but Ebay DOES have fewer buyers now as well,,

mercurial333 · #11 10-15-2012

Hope they heavily advertise this season to bring in some fresh meat.

yotano211 · #12 10-15-2012

It is the time of year when lots of company have slow sales. Q3 is usually the slowest part of the year, e.g. look at the financial reports of AMD and Intel. AMD came in way under analyst estimates and Intel had to lower it's Q3 outlook by 8-11%.

You have the US coming out of a huge recession and will take over a generation to earse from the mind set of people. All the new "jobs" that have been created pay way less now. They are mostly all service type jobs that pay less and leave people more unsatisfied.

It's not that ebay has less buyers, they might have more sellers, it's just that people have less purchasing power than years ago. And I hate to say it but it will continue until they die off or until the world has a major recession.

To to be continued.....

Elijah · #13 10-15-2012

My sales have been getting stronger and stronger, and I list auctions almost exclusively. I get far, far less sales with buy it now; I am able to sell 200-300 of my items per day if I list them auction format but on buy it now (even at a very good price), I am lucky to get 10 buyers a day.

rayraymond1218 · #14 10-15-2012

Quote:

Originally Posted by Elijah

My sales have been getting stronger and stronger, and I list auctions almost exclusively. I get far, far less sales with buy it now; I am able to sell 200-300 of my items per day if I list them auction format but on buy it now (even at a very good price), I am lucky to get 10 buyers a day.

what time do you normally end you auctions? I ended them on Friday evening maybe that was the reason that prices were so low

GreenBean · #15 10-15-2012

Quote:

Originally Posted by rayraymond1218

what time do you normally end you auctions? I ended them on Friday evening maybe that was the reason that prices were so low

Do you do all ending on friday night?

I have found that to be s l o w . I keep a log of stuff & noticed Friday is off.

Why? Many people are out enjoying not working the next day. Depending on your niche, looking at ebay & ending auctions can be the last thing on the mind of (potential) bidders.

Could you consider changing listings around? Tweaks to garner sales are needed all the time
Darn ebay

rsot · #16 10-15-2012

Call the low bidders special - good luck.

rayraymond1218 · #17 10-15-2012

Quote:

Originally Posted by GreenBean™

Do you do all ending on friday night?

I have found that to be s l o w . I keep a log of stuff & noticed Friday is off.

Why? Many people are out enjoying not working the next day. Depending on your niche, looking at ebay & ending auctions can be the last thing on the mind of (potential) bidders.

Could you consider changing listings around? Tweaks to garner sales are needed all the time
Darn ebay

Yea I ended 40 of my auctions on Friday night, same item with 20 minutes difference between, maybe thats another reason

Killuminati · #18 10-15-2012

In my opinion Sundays is the best day to end a auction in the evening

rayraymond1218 · #19 10-15-2012

Quote:

Originally Posted by 2011trapstar

In my opinion Sundays is the best day to end a auction in the evening

Thats true, i think it also has something to do with the ebay system. One of my accounts has 10 live listing with 15 hours left and for some reason its at the last page of the search...

slapped · #20 10-15-2012

Quote:

Originally Posted by rayraymond1218

Thats true, i think it also has something to do with the ebay system. One of my accounts has 10 live listing with 15 hours left and for some reason its at the last page of the search...

That is also another issue that could be effecting your sales,,If your Ebay account is New or has had Violations issued to it recently, Ebay will make your listings show up deeper in search results

slim jim · #21 10-15-2012

if you are using auctions, try to list on wednesday as i believe city workers get paid on tuesdays.

Elijah · #22 10-15-2012

Quote:

Originally Posted by rayraymond1218

what time do you normally end you auctions? I ended them on Friday evening maybe that was the reason that prices were so low

I do 1-day auctions every day from late morning until the early hours the following morning. Always get a sale these days. There is such strong demand that I am considering selling even more... 500 a day would be nice but would be an even bigger beach to package up and post out.