Question: I'm a former used bookshop operator and now I sell books online from a warehouse. We upload our book listings using HomeBase. We sell sell on ABE.com, Alibris, and Biblio, as well as Amazon Marketplace.
When is the best time to list and reprice stock? Do you find that if you wait to upload your books on Friday, for example, that you have a better sell-through over the weekend than if you upload books on a daily basis?
ANSWER: I do see better results when I've listed fresh books or repriced on a Friday night or Saturday morning. Overall, sales volume is a bit lower over the weekend because people are out doing other things -- most people are away from their computer. But sell-through does seem to be much better for new listings and with prices have been adjusted on Friday.
Why? My guess it's because lots of booksellers also are away from their computers on the weekend. So they don't have a chance to undercut your price, and your listings aren't buried by lowball sellers. Lots of sellers won't fiddle with their listings until well after their Monday morning coffee.
So I've definitely noticed a difference with fresh listings heading into the weekend, though I've never actually crunched all the numbers. And I usually can't wait until the end of the week to list -- if I think I've got some good books, I want to list and see some cash by the end of the week.
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Steve Weber is author of "The Home-Based Bookstore: Start Your Own Business Selling Used Books on Amazon, eBay or Your Own Web Site" (ISBN 0977240606). Got a question for Steve? Send to: steve_weber@yahoo.com