posted on December 17, 2000 07:19:59 PM
Can anyone tell me if they usually list auctions to end between January 2nd and 10th?
I was thinking of listing some ten day-ers starting right before New Years, so they would end that first week.
Last year I didn't list for the first few weeks of January, and now wondering if I missed the boat.
Any info concerning january and particularly the first ten days would sure be helpful.
Thanks for any help you can give.
posted on December 18, 2000 04:53:56 AM
I don't think it is necessarily people who got money for Christmas - think the after Christmas buying is created perhaps by boredom of the holidays; not getting what you wanted for Christmas and going out and buying it - but most of all it just seems to be a standard change in the market.
We have always done well between January 1, and April.
But remember, the market is soft, and the stock market is slipping into a recession mode, so the buying may not be as strong as in the past years.
Regarding 10 day auctions, I have gone the other way and only run 3 and 5 days auctions. I think buyers find auctions drug out for endless days boring - and add the old Auction Watch, and BIN, and to me that about kills long auctions as far as getting any activity before the later part of the auction.
My reasoning after this year of waiting till the last day or two to see active bids, is to shorten my auctions, and it has worked well.
