discuss Flippa Auctions ...long or short?

[DomainCairn]

Just looking for some thoughts on listing domains on Flippa for a long 30 days vs a short 3 days?

I have been listing the majority of my domains for 30 days, but after running some statistics on when bids have come in. the vast majority of bids come in either the very first day, or the last 48 hours (or less).
Which means after day 1 on the auction block, I receive little or no bids for an average of 27 days, before bids start to roll in the last 2 days or so.
So if the vast majority of bids come in the first 24 hours and the last 48 hours (in my experience), then why not list a 3 day auction? Compress all those bids into 3 days...instead of 30.

I understand that 30 day auctions you have more time to market, get more eyes on the listing..etc But if it produces no bids during that time then why choose 30 days, over just 3 days?

Anyone ever try a short 3 day auction? results?

Thanks!

 

[adamson791]

The benefit of 30 day auctions is that it increases the eyeballs viewing the domain, which in turn can lead to actual bids. You may notice the number of watchers increases over time....some of those watchers will be bidders.

Having a 3 day auction increases the likelihood that some people who would have bid on your auction miss the auction entirely and therefore increasing the chances of either underselling your domain or simply not selling at all.