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The time of day that you list your auction items is crucial to your online success. When you consider that your auctions will end at the same time of day as you list them. So if you list your auctions at 3:00 in the morning, because you are a night owl and that’s when you like to work, keep in mind they will also end at 3:00 in the morning when fewer people will be awake and bidding on your items,. Since most of the bidding on an auction occurs in the last few minutes of the auction this could really hurt the final price your auctions receive. So it’s important to have your auctions start and end at the times when your buyers are likely to be awake and bidding.
Edning date and time are the most important times to control for. Starting time and date are the same as end date and times for seven day auctions. But if you use other duration, like 3 day or 5 day auction durations, both of which eBay allows, then start your auctions on a day that will cause them to end when most of your buyer are likely to be bidding.

For instance, I used to auction children’s clothes in 25 piece lots and I found that most of the people who shopped with me were mothers. My best time to list was about 8:00pm, on Sunday evening. When running seven day auctions that meant that they would also end at that time the following Sunday. That gave me two opportunities to connect with my buyers, at the start and at the end of the auction.

Duration: Although seven day auction are the norm there are times that one of the other durations that eBay offers may be right for you. eBay offers you the option of 1 day, 3 day, 5 day, 7 day, and 10 day auction durations. eBay charges a small fee of 10 cents for auctions that are 10 day’s duration.

With the 10 day duration you get the most time in front of your prospective buyer for a minimal extra cost. This may work well for an item that may be a slow mover. But some buyers may not want to wait 10 days to have the auction close and may look elsewhere ,on or off eBay, to get the item quicker.

You may think that a 3 day auction is too short a duration to get much action but I have had very good success with 3 day auctions that I started on Thursday and had end on Sunday in he evenings. In most cases I experienced no drop-off in price when I moved to the 3 day duration. And I was able to move a lot more of the items I was selling without flooding the market by running auctions for the same item, at the same time.

Buyers also get the feeling that there is some reason to move on the item quickly when the auction is of short duration.

Start & End Times: eBay says that 4:00pm - 7:00pm (pst) are the busiest times on the site. That is afternoon and evening hours for all of the time zones in the US. If you find that your customers are from other parts of the world then you needto adjust your times accordingly.

Keep in mind that if your auction starts at 1:27pm it will end at 1:27pm regardless of the duration of the auction in days.

Day of the Week:: As I already mentioned Sundays were the best day of the week for me to end my auctions on when I sold children’s clothes. But that was not true when I sold gothic clothing. Mostly young people buy gothic clothing, I found, and the best times to end were on a Friday night. When they would be looking to get new clothes but the malls were closed.

So it is important to become familiar with your customer’s buying habits. A lot of this comes with experience, but there are also tools that can help you do the research. Terapeak, http://www.terapeak.com/ has a suite of really good tools. Their packages cost between $7.95 and $16.95 but they do offer a14 day free trial. Andale, www.andale.com also offers tools that help you research best times, days and items to list.

Next:: Strategy #6 Get Maximum exposure for your auctions

Keywords: ebay selling, online auctions, home based business, auction

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Ok, so now the auction is over, your items have all been sold and now you’re ready to package them up and send them off to the winners. Is that where it all ends? Or is that where it all just begins?

Up unto now that’s probably where it all ends. You mail the packages off to the winners and start working on your next listings if you haven’t already. Pretty routine right? Now, if you’re industrious, you may include a business card displaying your website or maybe you even include a catalogue so that each winner may purchase from you again in the future.

Good thinking! But, how about taking it a step further and making an attempt to earn residual income for life from each winner! In case you weren’t aware, the “Work At Home” market is exploding right now! Every day, more and more people are looking for ways to work from the comfort of their own homes, commute less and spend more time with their kids and families. Since you are an Ebay seller yourself, it should be easy for you to place yourself in their shoes.

There are numerous “Work At Home” opportunities out there that are legitimate, offer pre-made websites, have free training, provide many powerful sales tools like DVD’s, brochures, flyers and business cards that do nearly all of the selling for you. All you would need to do is include a promotional business card or flyer in each package you send out and let these tools do the rest. What have you got to lose? You’re sending the packages anyway!

The key to “Ebaying Your Way To Residual Income For Life” is choosing the right “work at home” opportunity, preferably one that has a nice commission structure, pays residual income for multiple levels, (meaning you get paid for anyone who signs up under anyone who is signed up directly under you), also known as “tiers”. A “Work At Home” opportunity that provides a way to earn “Multiple Streams of Residual Income” is ideal because now instead of just receiving one check for each person you enlist, you are receiving many.

Now you’re ready to make even more money from your auctions! Seek out work at home opportunities and start including the provided sales literature inside your packages and before you know it, you’ll be receiving residual income checks in the mail like clockwork. My next article will go into detail on how to select the right “residual building” work at home opportunities for this type of promotion so stay tuned!

About the Author

You can view my personal list of proven residual income programs at http://www.bricktowntom.com/ebayers, along with a free 154 page ebook, “eBay Secrets Revealed”, my list of wholesalers and dropshippers, ebay research tools and more.

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