728_header.jpg (23748 bytes)
 Home   EB Blog   AB Blog   Letters   Podcasts   ABTV   Forums   EPIS   PR Service   Classifieds   Ecommerce EKG   Service Ratings   
  Subscribe    RSS Feeds    Twitter        Contact Us  Web Site  
Service Ratings 
   Auction Sites
   FP Marketplaces
   Inventory Management
   Payment Services
   Storefronts & Carts
   Sniping Services
   Wholesale/Dropshipping
   Email List Hosting
   Consignment Services
   Ecommerce EKG 
   Auction Calendar
   Collectors' Links
   eBay Promo History
   Bookshelf
   Fraud Resources
   Drop-Off Store Laws
   ABTV
   Ecommerce Resources
   Photo Tips
   Marketing Inserts
   Yellow Pages
   Advertising

EcommerceBytes-Update, Number 91 - March 23, 2003 - ISSN 1528-6703     Previous | | Next

Best Time to End an eBay Auction? Ask Our Readers!

By David Steiner
EcommerceBytes.com

March 23, 2003
 



About this time each year, I find myself checking certain trends in the online auction world. My assumption is that if you enter any arena armed with knowledge, you're much more likely to be successful. Since it's my nature to quantify things, I began polling users about different aspects of online auctions nearly 4 years ago. What payment systems do sellers use? Do they reimburse shipping both ways if an item is returned?

One of questions that I see most frequently on online auction chat boards is "What is the best time to end an auction?" Honestly, I don't know. The best time to end it would be when you've received the highest bid possible, I suppose.

Using the results of the polling we've done in the past, I created the online auction calendar http://www.auctionbytes.com/Email_Newsletter/calendar/calendar.html. The calendar incorporates our poll results, interviews with online auction sites and some empirical observation.

Last issue, we again asked, "What is the best day to end an auction?" along with some additional questions. Is there an hour of the day that is more appealing to sellers? What do respondents sell? Does it make a difference in the ending time of an auction?

Since 1999, when we first asked this question, the voters' choice has always been Sunday. The results of our survey this past month also show Sunday as being the favorite day. Interestingly enough, its popularity seems to growing with our voters. In 1999, 41% of the respondents picked Sunday as their day of choice. Four years later, an overwhelming 64% chose Sunday to end their auctions. Monday came in a distant second, with 11% of the vote.

Best Day to End an Auction?

3/03 1/02 2/01 12/99
Sun ? 64% Sun - 60.47% Sun - 54% Sun - 41%
Mon ? 11% Thu - 10.23% Mon - 18% Sat - 18%
Sat ? 8% Sat - 9.30% Sat - 11% Mon - 15%
Thu ? 7% Mon - 8.84% Thu - 8% Fri - 11%
Tue - 4% Wed - 4.19% Wed - 5% Tue - 6%
Fri ? 3% Tue - 3.72% Fri - 3% Thu - 5%
Wed ? 3% Fri - 3.26% Tue - 1% Wed - 4%

However, Saturdays have fallen in popularity for the best day to end an auction. Four years ago, 18% of respondents said Saturdays were the best day to end an auction. This year, only 8% of respondents favored Saturday.

One twist we added to this year's survey was asking if there was a specific time of day that was more popular for ending an auction. According to the responses, 54% close their auctions between 6pm and 9pm and an overwhelming 75% end their auctions sometime within the 6-hour range of 6pm and midnight.

Best Time of Day to End an Auction

54% 6pm-9pm
26% 9pm-Midnight
10% 3pm-6pm
5% Noon-3pm
3% 9am-Noon
2% 6am-9am
1% Midnight-3am
1% 3am-6am

I've often heard that the optimal time for ending an auction was dependent on what item was being listed, so we tried to get a sense of what respondents sold to determine if that had any bearing on ending days. Although there was some deviation in the numbers, across all the categories we provided, Sunday was still, far and away the most popular ending day.

Best Day to End an Auction by Category

Antiques/
Arts/
Collectibles
Books/
Movies/
Music
Computers/
Consumer Electronics/
Business Equipment
New Clothing/
Accessories
Real Estate/
Tickets/
Travel
Other
67%
Sunday
73%
Sunday
60%
Sunday
62%
Sunday
100%
Sunday
51%
Sunday
11%
Monday
10%
Monday
10%
Monday
18%
Monday
0%
Monday
13%
Saturday
7%
Thursday
7%
Saturday
8%
Thursday
9%
Thursday
0%
Thursday
13%
Monday
6%
Saturday
3%
Thursday
8%
Saturday
7%
Tuesday
0%
Tuesday
9%
Thursday
3%
Friday
3%
Friday
6%
Friday
4%
Wednesday
0%
Wednesday
7%
Tuesday
3%
Tuesday
2%
Tuesday
6%
Wednesday
0%
Saturday
0%
Saturday
6%
Friday
2%
Wednesday
2%
Wednesday
2%
Tuesday
0%
Friday
0%
Friday
4%
Wednesday

It's interesting stuff. Yes, this is an imperfect science at best, and yes, these statistics should be taken with a grain of salt. Holidays or special events are not factored into the results. If you have a formula or a day that works for you, there's no reason not to stick with it.

About the author:

David Steiner is President of Steiner Associates LLC, publisher of AuctionBytes.com and the EveryPlaceISell.com merchant directory. David, a former television producer, handles business development and advertising for AuctionBytes. You can reach him at dsteiner@auctionbytes.com


You may quote up to 50 words of any article on the condition that you attribute the article to EcommerceBytes.com and either link to the original article or to www.EcommerceBytes.com.
All other use is prohibited.

Email Newsletter icon, E-mail Newsletter icon, Email List icon, 
E-mail List icon Sign up for our Email Newsletters

Email this story to a friend.

Previous | | Next



 EcommerceBytes Blog 
 AuctionBytes Blog 
 Letters to the Editor 
Related Stories 
Related Stories
  • Auction Timing - What's the Best Day to End your Auctions? - December 19, 1999, Issue #4
  • Report: Saturday Most Popular Day for Web Surfing! - February 19, 2000, Issue #8
  • Auction Stats - March 03, 2001, Issue #33
  • Collector's Corner: The Cubic Triad, or, 'Do I really have a piece of Fostoria American?' - May 20, 2001, Issue #38
  • Record Amounts Spent at Online Auctions in May - June 28, 2001, Issue #113
  • Collector's Corner: S&H Green Stamps - January 06, 2002, Issue #61
  • 5 Rules for Assessing Inventory (Or 'How I Ended Up with Miles of Disney Fabric') - August 11, 2002, Issue #76
  • eBay by the Numbers - September 08, 2002, Issue #78
  • Eight Copy-Writing Tips for Getting Bids on Your Online Auctions - September 22, 2002, Issue #79
  • New eBay Metric for Counting Active Auction Users - November 03, 2002, Issue #82
  • Taking 'Hollywood' Photos on a Budget: Building a Cheap (and I mean CHEAP) Seamless Background for your Auction Pictures - November 03, 2002, Issue #82
  • Best Time to End an eBay Auction? Ask Our Readers! - March 23, 2003, Issue #91
  • Drop-off eBay Consignment Services: Poised to Pop or Flop? - January 04, 2004, Issue #110
  • Tracking Down Stuff to Sell on eBay? Look to Librarians for Help - December 05, 2004, Issue #132
  • Interview with an eBay Vigilante - February 06, 2005, Issue #136
  • eBay Fee Hikes: Strategies for Store Owners - July 23, 2006, Issue #171
  • AuctionBytes Survey Finds eBay Sellers in Transition - September 17, 2006, Issue #175
  • Shopping Online with eBay Express, Amazon, Overstock and Google Checkout - September 21, 2006, Issue #1372
  • Interview: Former eBay Top Seller GlacierBayDVD Speaks Out - September 29, 2006, Issue #1378


  • AuctionBytes-Update Archives 
    You can read past newsletters going back to 1999 - click on a year and you'll be taken to all 24 issues from that year, which you can read in full-text!

      AuctionBytes-Update - 2010
      AuctionBytes-Update - 2009
      AuctionBytes-Update - 2008
      AuctionBytes-Update - 2007
      AuctionBytes-Update - 2006
      AuctionBytes-Update - 2005
      AuctionBytes-Update - 2004
      AuctionBytes-Update - 2003
      AuctionBytes-Update - 2002
      AuctionBytes-Update - 2001
      AuctionBytes-Update - 2000
      AuctionBytes-Update - 1999

    Discussion Forums 
    Have a question about buying or selling online? Want to get marketing or technical advice? AuctionBytes Discussion Forums are the place to come to get answers to your questions and get advice! Great tips - a refreshing change!

    Current Discussions:
     

    About Us       Privacy Policy       Link to Us       Partners       Our Writers       Write for Us       Press         Site Index

    Copyright 1999-. Steiner Associates LLC. All rights reserved.