Part 2 – Terapeak – Top eBay Marketing Tool Series Post By eBay Virtual Assistants At OBVA eBay is an auction world where millions of items are auctioned and sold online every minute. eBay certified Virtual Assistants have been working on eBay stores to helping clients manage stores more efficiently by offering complete package of eBay specialized services that include Ebay & Amazon Store Outsourcing Services, Virtual Assistant Blog Content Services, CardScan Expert . During the course of managing eBay businesses, we use numerous tools that help us make eBay business better. We are currently writing a series of posts of “Effective marketing tools that help sell successfully in eBay.” Our last post was Part 1- Turbo Lister -Marketing tool for eBay. In today’s post, we would like to introduce the second effective tool that you can use for better marketing of your store. Its …. Terapeak -Marketing tool for eBay.. Terapeak is a well known tool, however, to our surprise, many eBay sellers seem to be unaware of it. Therefore, we have included this powerful eBay Market Research tool in our blog post…
What is Terapeak? Terapeak is a market research and management software, and is very popular and used by Top eBay sellers who want to dominate in sales and become a power seller. To be a successful seller you need to have information more than a normal seller. Here is where Terapeak comes in. Its information goes upto one year and includes the following: item sales prices, item sell through rate, item titles, item categories. If you are new to eBay selling and don’t know which products to sell, or the prices to sell items at, then Terapeak is the right one for you. Terapeak is widely used by established sellers alike who want be on top of all eBay Market data. This tool is a must for any eBay seller looking to collect valuable insights into what’s selling, who’s selling it, and for for how much? There are four main categories of data provided by Terapeak that include- – What’s Hot, Category Research, Seller Research & Product Research. These features can be used for effective marketing research.
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Features of Terapeak: •
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You can find out the average starting price for your product. You can determine the end price of an item and find out the kind of profit the item can give you. Obviously, to know the profit margin, you have to conduct Internet Market Research to find out suppliers and the cost price. We conduct regular selling price-cost price research for our eBay clients. Its information goes back Only 365 days…in increments of 90 days and includes the following: item sales prices, item sell through rate, item titles, item categories You can determine the sale-ability of any item i.e. if the product can sell well or not. Research can be done at various time limits like 7, 30 and 90 day range to get a better history of the item. The tool will let you know what day, time of the day, and the exact keyword phrases that produced the best results for the product listing. Terapeak will let you know what is best type of listing for your product- a bid, buy it now, or store items? With this tool you can find out all the listings during a specific period and the sell through rate. What else can you ask for?
Few limitations: It is a paid tool. Yes, there is a free version, but its only for 14 days and you cannot dig as deep in the data as you would want to. Paid version is worth the money if you have access to expertise who has experience using Terapeak or if you yourself have the time to research regularly and understand the reports.With paid version you get a product heat map which help you the hottest categories to sell by bids, total sales, bids per list and much more.
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With Terapeak you have the advantage over the average seller because you have information they don’t, information that could prove very valuable and get more traffic to your store and convert eBay traffic to your customer.. We at OBVA are
committed in providing whole range of customized services for eBay store owners. The services offered by us are Internet Marketing Research, eBay admin support, Amazon admin support, Social Media Marketing, Blogging, and Internet marketing support. You can grab our RSS feeds to learn more and more about selling successfully on eBay. You can connect with us on Facebook and Twitter today! “We do not work for your competitors”
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