Terapeak is the Best for Pricing and Sell-Through Rate on Ebay
I have used Terapeak to sell some surveying equipment on eBay for my employer. Since the items we were selling were very …
Terapeak
Terapeak
Terapeak
Overview
What is Terapeak?
Terapeak is a market research and intelligence tool with a particular emphasis on sales data to assist ecommerce vendors in decisioning. Terapeak was acquired by eBay in December 2017, and the company claims that it plans to integrate it into...
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What is Terapeak?
Terapeak is a market research and intelligence tool with a particular emphasis on sales data to assist ecommerce vendors in decisioning. Terapeak was acquired by eBay in December 2017, and the company claims that it plans to integrate it into its Seller Hub suite of software.
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- No setup fee
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- Free Trial
- Free/Freemium Version
- Premium Consulting / Integration Services
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Product Details
- About
- Tech Details
What is Terapeak?
Terapeak is a market research and intelligence tool with a particular emphasis on sales data to assist ecommerce vendors in decisioning. Terapeak was acquired by eBay in December 2017, and the company claims that it plans to integrate it into its Seller Hub suite of software.
Terapeak Technical Details
| Operating Systems | Unspecified |
|---|---|
| Mobile Application | No |
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I have used Terapeak to sell some surveying equipment on eBay for my employer. Since the items we were selling were very technical/specific, I did not know how to price them. It is easy to determine what these items cost new, but I did not know how to price them used so that they would sell. Terapeak helped me to determine a good price so that my company got a good deal, but the items moved. Since we had a lot of products to sell, I also helped a couple of coworkers to use the software. We had the business account, so we could have multiple users at a very reasonable cost (about $20/month for what we needed).
- Gives accurate comparable sold listings to determine pricing.
- Aggregates sales information well, so I do not need to scroll through pages of listings.
- Helps with determining shipping/whether to turn on free shipping or not.
- Helps with sourcing and deciding whether to pay up for certain items.
- I wish I could use Terapeak outside of eBay. Why can't I use it with other platforms like Mercari, Poshmark, etc.?
- I don't like that I have to pay for this feature. Other selling platforms provide their sold information free of charge.
- It feels antiquated. I need to click through many menus and tabs to price items. I wish it would automatically move me through the pages, instead of making me fill out the information, then hit "next" or "enter."
- Aggregate sold information to determine pricing.
- Sell through rate to determine how long we should expect to hold the item.
- Business pro for multiple users!
- We have saved time by using Terapeak for pricing. We did not price our items up too much but made them competitive with the market.
- We made more money using Terapeak than we would have without it because we did not under-price items. Terapeak gave accurate comparable sold listings.
- One negative impact was simply the cost. It was about $20/month and was set up to auto-renew. We forgot to cancel our membership and accidentally paid for a service we weren't using.
Terapeak can't be beaten for selling on eBay, because it is part and parcel with eBay. For comparable listings on other sites, I prefer Sellhound and Jungle Scout. I find that Webgility and Price2Spy are more helpful for SEO and getting to the top of Google's search results. I feel that I get more eyes on my products using other services when I am not specifically selling through eBay. But on eBay, Terapeak is the only service I will use.