Terapeak is the Best for Pricing and Sell-Through Rate on Ebay
March 07, 2022

Terapeak is the Best for Pricing and Sell-Through Rate on Ebay

Anonymous | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with Terapeak

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.

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Terapeak makes sense for people looking to sell a lot of items or resellers. It does not make sense for people selling one-off items or individuals looking to simply spring clean. It is great for determining pricing, what to start auctions at, and figuring out a shipping/returns strategy (whether or not to offer free shipping, have the buyer pay shipping, and if you should have returns allowed.) I would not recommend it if you just want to move the item out of your house or if you do not care what price an item sells for.