Terapeak Product Research 2.0: The Best eBay Marketplace Research Tool
Did you know that Terapeak has various eBay marketplace research tools that help you build titles, research hot selling items, and even an eBay product research tool help determine if an item is worth trying to resell?
Check out our eBay Title Builder blog post to find out how to write killer eBay listing titles!
The tool we will show you today is Terapeak’s Product Research 2.0 tool.
This tool is available with any Terapeak subscription. You can even try it for free with a 7-day free trial!
I can’t wait for you to see just how useful this eBay selling tool is!
Let’s get started!
How to Use Terapeak’s eBay Product Research Tool for eBay Marketpla
Once you have your Terapeak free trial set up, click on the Research button and then click on Product Research 2.0 in the upper left.
Next, type the item you would like to research into the search bar.
Then, click on the calendar symbol to drop down the box and select the date range you would like to research. If you are looking up a seasonal item, you’ll want to find the prices from the correct date range. Then click Apply.
Before looking at the eBay marketplace research results, you may want to narrow down even more by selecting a specific price range, condition, format or location. Choose the options you would like and click Apply. You can also leave everything as is and just scroll down to the next section.
Now we’re ready to analyze the results. Next, you’ll see various metrics that will help you determine the item’s value, supply, demand, and competition levels.
The figures in green represent your own sales. As part of your Terapeak subscription, you can attach your own eBay account to MySales. Terapeak will use this information for your own eBay sales to generate these figures.
Here is a break down of what each of these metrics mean:
Sell Through: The sell-through rate for listings offering this product to shoppers. This figure is the percentage of listings that are known to have resulted in a sale.
Number of Sellers: The number of competing sellers that that sold this product to shoppers over the time period in question.
Average Price: The average sale price (average amount paid by shoppers) for completed sales over the time period in question.
Items Sold: The number of individual units for this product that were sold over the time period in question.
Total Sales: The total combined value of all sales of this product that were made over the time period in question.
Shipping Average / Free %: The average amount paid by shoppers to have their order shipped when shipping was not free (left-side figure) and the percentage of sales in which buyers paid no shipping costs because shipping was free (right-side figure).
Scrolling down further, you will find data for individual items.
The Transactions tab shows all the items sold within the time period requested. You can click the toggle button in the upper right to show individual items. You can also click on any of the headings to sort the data however you would like. Click a second time on any single column to reverse the sort order.
Additionally, you can click on any of the item titles to view the original listing on eBay.
On the Unsold Listings tab, you’ll see listings for your search from the time period that did not result in sales or that have not yet resulted in sales. It’s important to note that this data is only available for the prior three months. You’ll need to change the date range to view unsold item history.
On the Trends tab, you can increase your date range to greater than three months. Here you’ll be able to identify if the item you’re researching is seasonal. For this calculator, we can see that there is definitely a spike in sales in August and September, which is right around the time school starts. We may decide to hold on to the item until then for a quicker sale.
Moving on to the Sellers tab, you can get a quick anonymous overview of top sellers who have sold this item. This data shows your competition!
On the last tab, Inventory Ideas, you’ll see what other items your competitors have sold within the last 30-days. These products are other products that are likely to be a part of your product niche and that are performing well on eBay.
Bonus eBay Marketplace Research Tips
The Terapeak Product Research 2.0 tool is a wonderful resource, but there is something else you can look at on eBay to conduct effective eBay marketplace research and find the volatility of your items.
Go to eBay.com and search for your item. On the search results page, you’ll see the number of active items for sale. For our example, there are 3,133 active items.
Write down this number and then scroll down and check the box next to Sold Items.
Next, scroll back up to the top of the page and see how many items are in the sold listings. In our example, there are 11,426 sold items.
An item that has more in sold than active listings shows that it’s highly sought after and has a better likelihood of selling quickly.
Depending on what you’re researching, you may want to break down the results further for new or used. You’ll also want to scroll through the results to see if there are items that don’t match what you’re looking for.
Conduct eBay Marketplace Research Like No One Else
Stop wasting time and money by listing items that will either never sell or are listed at the wrong price. Terapkea’s Product Research 2.0 tool is what you need to make sure you’re maximizing your eBay sales.
The good news is, you don’t have to make my word for it! Sign up today for a free trial of Terapeak and try it out for yourself!