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Single items vs multiple quantity
- Thread starter BK3896
- Start date
This is actually a really good topic.
Many items I've sold hundreds of, but because I put them up for 7 day BINs instead of "30 day - Good Till Canceled" because when it shows "3 are left, 2 sold, 23 hours remaining" is a GREAT "Call to Action" and really pushes the buyers/potential buyers to hurry up and make their purchase out of fear they might lose out.
This whole thing has been changed up in regards to the relationship between eBay listings and eBay. It USED to be that eBay promoted (via Google) items from reputable sellers with 30 day Buy It Now's at competitive prices. These listings used to get most of the traffic from eBay. However recently, eBay changed this up a bit when they implemented the Cassini Search Algorithm a couple months ago. Now listings that are Fixed Price listings that end in less than 7 days are the ones getting traffic... plus you are still pushing buyers to make a purchase before time runs out.
I spent a good amount of money last month automating this process of listing x amount of items at certain time intervals with a set amount of inventory.
To test this, do this:
Trial 1) List one ad with a quantity of 3 with a Fixed Price that ends in 7 days. As soon as one sells, change your quantity back to 3. When this ends, start another.
Trial 2) List the Same item in a quantity of 10 with a Fixed Price that is Good Till Canceled.
Trial 1 WILL sell three times as many items within a 30 day time frame than Trial 2. If you are able to, you can overlap Trial 1 by listing it every 3-4 days.
Note: My tests with 5 day Fixed Price listings is inconclusive. I don't see based on my experience that 5 day listings and 7 day listings get the same treatment as far as traffic goes.
Many items I've sold hundreds of, but because I put them up for 7 day BINs instead of "30 day - Good Till Canceled" because when it shows "3 are left, 2 sold, 23 hours remaining" is a GREAT "Call to Action" and really pushes the buyers/potential buyers to hurry up and make their purchase out of fear they might lose out.
This whole thing has been changed up in regards to the relationship between eBay listings and eBay. It USED to be that eBay promoted (via Google) items from reputable sellers with 30 day Buy It Now's at competitive prices. These listings used to get most of the traffic from eBay. However recently, eBay changed this up a bit when they implemented the Cassini Search Algorithm a couple months ago. Now listings that are Fixed Price listings that end in less than 7 days are the ones getting traffic... plus you are still pushing buyers to make a purchase before time runs out.
I spent a good amount of money last month automating this process of listing x amount of items at certain time intervals with a set amount of inventory.
To test this, do this:
Trial 1) List one ad with a quantity of 3 with a Fixed Price that ends in 7 days. As soon as one sells, change your quantity back to 3. When this ends, start another.
Trial 2) List the Same item in a quantity of 10 with a Fixed Price that is Good Till Canceled.
Trial 1 WILL sell three times as many items within a 30 day time frame than Trial 2. If you are able to, you can overlap Trial 1 by listing it every 3-4 days.
Note: My tests with 5 day Fixed Price listings is inconclusive. I don't see based on my experience that 5 day listings and 7 day listings get the same treatment as far as traffic goes.
The clock running down on the bidding is what really gets buyers sparked and bidding. I personally think quick short
auctions for a decent price gets the highest conversions.
I've never done auction before, I will try this and see what happens.
Thanks all for the great input, I made a HUGE mistake of what worked for me by changing it, trying to get creative lol.