experiment involving auctions

[keziak]

Many people do not find auctions successful but I am running an experiment with interesting results. I have cut my auctions about in half. Trying to use the listing time to list more single books on Amazon and ebay. By doing that can I make the same income? 

Answer: not even close. 

My back of envelope calculation is that I probably need to list about half again my current inventory to MAYBE make enough from single sales to make up the difference. I may actually have the inventory but listing is slow especially with double listing.

So, for the time spent I make much more money in total running a lot of auctions. 

The wild card is whether I will strongly increase sales of single books closer to the holidays. Kinda doubt it and that's just a few month thing. 

[dhbookds]

how long a time period are you comparing the two?

[my-cottage-books-and-antiques]

@keziak  I'm not clear just what you are comparing here?  You refer to "single sales"...are you saying that your auctions are primarily book lots, and your Fixed Price are primarily single books?

If that's the case  comparing auctions (of lots)  to fixed price (of singles) is apples to oranges. 

[keziak]

Auctions are mostly "lots" but some single books. 

So yes, comparing using my time to list "lots" at auction versus single books on Amazon and ebay. Both take a lot of time! I wanted to know how best to use that time.

dhbooks: so far this is the first week.

[stuff4divas]

@keziak   u must not get non-paying auction bidders? bc that is the biggest complaint about running auctions.

[keziak]

Considering the volume of auctions I sell it's not much of an issue. I do have one right now who I hope will pay but they are late. One international recently who decided the GSP was too much but I have another guy who asked about the item so maybe he'll buy it. Mostly my auction buyers are tops!