What's The Best Time to Sell Your Ps3 on Ebay?

The Sony Play Station 3 is one of the most highly anticipated video game systems of 2006. So anticipated, in fact, that many game enthusiasts have chosen to pre-order. The North American release date for the PS3 is November 17th, 2006. It's safe to say that massive sell-outs can be expected in stores everywhere. If you're lucky enough to acquire a Ps3 (or more than one if you're really lucky!) you may consider selling it on Ebay to make a profit. But what's the best time to sell your Ps3 on Ebay?

To answer this question, it helps to understand the law of supply and demand. Because the Play Station 3 is an extremely popular item released in limited quantities, it's likely that the demand will exceed the supply. This puts anyone selling the Ps3 in a very attractive position indeed. After all, right now as consumers await the release, there are pre-orders being purchased that exceed $1,000 on Ebay. After the Ps3 hits stores and subsequently sells out, there will be quite a few disappointed game enthusiasts and holiday shoppers desperate to get their hands on one.

You could put your Ps3 up for online auction around the end of November. At this time, there will still be lots of hype surrounding this product and lots of consumers still eager to buy. Unless you're someone who has paid $1,000 for a pre-order, it's likely you'll sell your Ps3 for quite a bit more than you paid for it. Now, you could wait until December to place your item up for sale. This could be an even better strategy, because there's sure to be last-minute shoppers seeking a Ps3 to give as a gift. If you do end up placing your system up for auction in December, make sure to offer fast shipping so that your customer will receive the item before Christmas.

All in all, the best time to sell your Ps3 on Ebay is shortly after the release when all the stores have sold out. If you wait too long, the buzz will die down and people will lose interest. When selling your Play Station 3 (or any other item for that matter) on Ebay, provide your customers with clear communication, prompt shipping and good customer service. Doing so will ensure you receive positive feedback, which is the most important thing an Ebay seller can have!

Copyright 2006 Jim Sterling - All Rights Reserved

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