Success on eBay requires having the data available to make good business decisions. This article: Terapeak Pros and Cons Tips for eBay Sellers covers the features, highlights and low points of the Terapeak software. Let’s start by acknowledging with Terapeak, professionals have it without a doubt!
The only really bad thing with this program is the fee. The software is usually a one-time charge. Terapeak charges a monthly service fee: $24.95 per month or annually at $197.95. Of course, to have the “Hot Searches” there is an additional monthly fee. This can go up to $6.95 per month. For those on a budget, these overheads can be a problem. However, the old saying “it takes money to make money” still holds true. You also need to remember the cost of inventory. That said, one piece of advice for eBay sellers would be to download the free trial and play around with it for a while before making the investment.
As for the Pros for using this software; One reminder is that this is by far one of the best market research tools available for eBay. However, this is a tool and it takes work. Terapeak requires one person to operate it. However, when used correctly, this software can be useful and a time saver.
These tips for eBay sellers go on to point out that, in a nutshell, Terapeak offers a lot of information. You can track trends, operate a variety of searches; provide the best vendors and product information. Terapeak also provides information by category and seasonal popularity. Terapeak processes transactions, automatically sends responses to potential customers and buyers, and assists in the decision-making process of what to sell and what not to sell. In addition, it maintains a database of people who have bought from you in the past, suggesting items that may be of interest to you in the future. And there are still more.
This program would be valuable to any current eBay seller, even if a system already exists. Compare them… the system you are currently using probably doesn’t do everything that Terapeak does. For those interested in growing their business and becoming a frequent seller on eBay, this tool would also come in handy. It will no doubt answer questions about items to focus on reselling, how to resell and list them, and then the ideal times to do so.
Don’t forget that this program comes with a monthly fee. Also, don’t forget that many companies will spend thousands of dollars a year on their marketing department. The monthly fee is chump change. These tips for eBay sellers end with a suggestion to take a hard look at adding Terapeak to your trading arsenal.
To your success on eBay!
