How to get maximum profit selling on QxBid
When it comes to purchasing goods on QxBid online auctions, what you have and how you present it are two vital characteristics of successful auctions. Buyers like to know that they’re getting a good deal, and they like to know details relating to the goods for sale they are paying for. But did you know that the timing of your online auctions can also affect their success? It’s true. Real QxBid auction pros use timing strategies to maximize their profits, and you can, too.
Some auction sellers are discouraged when their auctions fail to get bids within the first few days of the listing. This is very common; most bids are placed in an auction’s final hours or even minutes. Buyers who have been watching the auction will try to place the winning bid just before time runs out, to cut down on competition. Since this is the case, QxBid auction sellers will benefit from making sure their auctions end during peak buying times.
When are QxBid’s peak buying times? According to the pros, daily purchases spike between 8 and 10PM Eastern Standard Time. Weekly sales reach their summit on Sunday evenings. If your auction closes during any of those time periods, your auction listing is more likely to be seen and bid on. If your online auction closes in the wee hours of the morning, it’s unlikely that you will benefit from the last-minute buying scramble.
So how do you time your auctions to end when QxBid auctions has the most visitors? Time your listings carefully. If you put up an item in a three day listing, the auction will end at the exact listing time, three days later. The same goes for other auctions of longer durations. For example, a seven day listing made at 8PM on Sunday evening will end at 8PM the following Sunday evening. It sounds simple, but careful auction timing is an oft-overlooked strategy that can drastically increase your sales on QxBid auction site.
Also, consider the length of your listings. If you list an item for three days, you are shutting out thousands of potential bidders. You want to leave items up for as long as possible. Not only does this give buyers time to find and place bids on your merchandise, it also cuts down on listing fees. Why would you list an item for three days over and over again when you could just list it for seven or ten days from the beginning? Some types of merchandise, such as antiques and collectibles, can take a while to find purchasers. By listing them for three days, you’re losing out on lots of potential visibility. Increase the length of your auctions and increased profits will follow close behind. Items listed for a week or longer have time to attract plenty of auction watchers who could turn into bidders in the auction’s final moments.
Speaking of listing, be sure to give your items enough time on the auction block. Listing an item for three days probably isn’t sufficient. The longer an auction item is listed, the better the chance that someone will see it and bid on it.
Time your auctions for maximum visibility, and your profits will improve. You don’t want to lose out on sales because your auction ended at 3AM when nobody was looking! Close the bidding at a peak time to make the most of your QxBid online auction business.
These tips from the pros will go a long way toward increasing your sales on QxBid auction site. Put them into play and you’ll soon reap the rewards of a studious seller – further bids.
Look through free auctions
Processing your request, Please wait....
