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, the pros have it hands down!
The only really bad thing with this program is the fee. Software is generally 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 limited budget, these overheads can be a problem. However, the old adage “it takes money to make money” still holds true. You also need to remember the cost of inventory. That being said, a tip for eBay sellers would be to download the free trial and play with it for a while before making the investment.
As for the Pros to use this software; A reminder is that this is by far one of the best market research tools available for eBay. However, this is a tool and it requires work. Terapeak requires one person to operate it. However, when used correctly, this software can be useful and save time.
These tips for eBay sellers go on to point out that, simply put, Terapeak offers a lot of information. You can track trends, operate a variety of searches; provide the best sellers and product information. Terapeak also provides information by category and seasonal popularity. Terapeak processes transactions, automatically sends responses to prospective customers and buyers, and assists in the decision-making process about what to sell and what not. In addition, it maintains a database of people who have bought from it 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 is already in place. Compare them…the system you’re currently using probably doesn’t do everything Terapeak does. For those interested in growing their business and becoming frequent sellers on eBay, this tool would also come in handy. It will certainly 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 small change. These tips for eBay sellers end with a suggestion to take a long hard look at adding Terapeak to your business arsenal.
For your success on eBay!