Categories
At a Glance
Website: |
Terapeak |
Platforms: |
Online |
Markets: |
eBay.com |
Pricing: |
$197.95/year, $24.95/month |
Trial: |
7 days |
Review
Terapeak is an eBay analysis software application that allows users to obtain reports based on criteria such as category, date range, keyword and eBay market. It is a preferred tool for getting new ideas on hot new products and the best way to list those products, but Terapeak’s true power lies in its ability to expand on eBay’s completed auctions view. With a few clicks of the mouse you will be able to see highly detailed information based on a product search that is as broad or as specific as you choose.
Terapeak’s features do not end there, Terapeak Seller Research will give you invaluable insight on your eBay competition. Terapeak Seller Research allows you to see how many, when and for how much your competition is selling. This is a great way to see how saturated the market might be and the overall performance of your competition.
There are countless eBay sellers using Terapeak’s analysis to obtain invaluable information about the products that are sold on eBay everyday. Most eBay sellers will tell you that the hardest thing to becoming a successful eBay seller is not only finding products to sell, but finding the right products to sell. With Terapeak this becomes much easier because you will be able to easily see historical data that dates back as much as 2 years.
Editor Review
For me Terapeak is an indispensable part of my eBay selling strategy, that is the reason for the glowing review you are about to read. $24.99 is a high price to pay for any application, however if there is one application that will make its money back time and time again Terapeak is it.
I mostly find Terapeak highly valuable because of its item report. There is no other tool that can provide highly detailed information based on any date range I choose. Information such as average price, total listings and sell through rate, are invaluable when deciding what products to source and not to source. For example if I research a product that I can source for 5 dollars, and that products average selling price is 8 dollars with a low sell through rate below 30% I know that this is a product that has seen better days. On the flip side many times a product will show great profit margins and and a 40% or greater sell through rate and I know that this is something I should be looking into.
Another feature that is great for Terapeak is it’s Seller research tool. I am normally not a nosey person but when it comes to my eBay business I know I am missing out if I am not researching my competition. There is no better software application for this purpose than Terapeak. With Terapeak it is easy to find out how you stack up to your competition by viewing details such as total sales, sell through rate, categories and much, much more. As we all know it is a dog eat dog world on eBay and Terapeak’s seller research tool can be a great tool to ensure that you are one step ahead.
As with all reviews there is always something that bugs us about the software and for me it is just the higher price that Terapeak charges. At 24.99 it is one the more expensive applications out there and I think that they could gain a much bigger audience while saving us all a few bucks by lowering that price. I guess when you have a product that works as well as Terapeak you are able to charge a premium. The good news is Terapeak is well worth the investment.
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