06-28-2007, 01:49 AM
I always get top dollar for my mac auctions - every time.
The way one gets big $ in a auction is to have at least two people fighting to win your auction. What kind of person bids $2400 for a souped up 2.5 G5? It's a rare breed, but if two of them are bidding on your auction, you're gonna do well. If there is only one, her $2400 bid would probably only get run up to $1700-$1800.
So why am I going on like this? To illustrate that it's the number of high dollar bidders that gets the extra $. And how do you get these folks to bid on your auction? Give them a chance to see your auction.
Make sure your auction is a 'featured' auction so they'll be sure to find it (cost $20) and let it run for 7 days. Five might be enough, but with 7, you have a chance to attract one more big time bidder and get big $.
There will be very little action most of that time, but the longer it runs, the more people see it, the better your chances of attracting big $ bidders. Don't assume that no action for days at a time means that longer auctions are not good. All the important action takes place in the last minutes, but that doesn't mean that these last minute bidders just stumbled on your auction just now - it's likely they've been watching for days.
This all supposes that you know how to write a very good auction and have a flawless record.
And unless you're an idiot in writing your auction, any modern mac should get at least fair value. Don't panic if there are no bids for a long time.
My rule of thumb: my auction price tends to double in the last 24 hours. So if you're 24 hours away from the end and you only have 50% of what you were hoping to get - hang tough - you're doing fine.
your mileage WILL vary
> "The Sunday night method is a myth."
TRUE! Too much action on sundays - unless you have the VERY BEST item in your field, you'll get lost. I aim for monday - wednesday eve (but don't compete with monday night football)
The way one gets big $ in a auction is to have at least two people fighting to win your auction. What kind of person bids $2400 for a souped up 2.5 G5? It's a rare breed, but if two of them are bidding on your auction, you're gonna do well. If there is only one, her $2400 bid would probably only get run up to $1700-$1800.
So why am I going on like this? To illustrate that it's the number of high dollar bidders that gets the extra $. And how do you get these folks to bid on your auction? Give them a chance to see your auction.
Make sure your auction is a 'featured' auction so they'll be sure to find it (cost $20) and let it run for 7 days. Five might be enough, but with 7, you have a chance to attract one more big time bidder and get big $.
There will be very little action most of that time, but the longer it runs, the more people see it, the better your chances of attracting big $ bidders. Don't assume that no action for days at a time means that longer auctions are not good. All the important action takes place in the last minutes, but that doesn't mean that these last minute bidders just stumbled on your auction just now - it's likely they've been watching for days.
This all supposes that you know how to write a very good auction and have a flawless record.
And unless you're an idiot in writing your auction, any modern mac should get at least fair value. Don't panic if there are no bids for a long time.
My rule of thumb: my auction price tends to double in the last 24 hours. So if you're 24 hours away from the end and you only have 50% of what you were hoping to get - hang tough - you're doing fine.
your mileage WILL vary
> "The Sunday night method is a myth."
TRUE! Too much action on sundays - unless you have the VERY BEST item in your field, you'll get lost. I aim for monday - wednesday eve (but don't compete with monday night football)