This article will explain the basics of how to use Terapeak’s free eBay product research tool. It will also give a comparison between the free tool and the full version.
Have you ever found it difficult to know exactly what to sell on eBay? Or know whether or not it will be competitive in that market? Now there is a tool that can do your basic research for buying and selling on eBay, this tool is Terapeak.
To use the tool, simply go to the Terapeak home page and click on free tools. You will be taken to a page that has a text field for the Product keyword and a field for your email address. Skip the email address field and enter a keyword phrase. Once a keyword phrase has been included, the following information will break down the results.
This is the information you’ll get in a basic search report.
- You can find out what the average starting price of your product is so that your product is not higher than others.
- You can research the average final price of a product to see what kind of benefit that specific product can bring you.
- Research can be done in a range of 7, 30, and 90 days to give you a better representation of the product story.
- The tool will give the number of total listings with a percentage for the sale rate, that is, of the total listings in a given period of time, how many of them were sold. This tells you whether or not the product can be sold well.
- The tool will let you know which day, time of day, and keyword phrases produced the best results for your product listing.
- The tool will let you know what type of promotional listing to use, for example, bold, highlighted, or both.
- It will let you know if it is better to publish the article for 1, 3, 5, 7 or 10 days.
- Finally, the tool will let you know if it is better to post an offer, buy it now or store items.
Now this is Terapeak’s free research tool, the full version comes with much, much more than that. Below are a couple of tools that you will get the full version over the free version.
- You can do a search for best sellers
- You can look at sales trends over a long period of time to really see which products are selling on eBay and which are not.
- You can research which categories are selling the most
- You get a product heat map that helps you to the most popular categories to sell by deals, total sales, deals by listing and much more.
- Hot products list, you can find out who are the movers and shakers of DVDs, CDs, video games and books.
- You can save your search to refer to it later.
- You can see the specific trend of a seller
- You can search for specific DVDs, CDs, video games and books by their UPC
These are just some of the comparisons between the free tool and the full version of Terapeak.