Using Terapeak Product Research to Make Better Buying Decisions
In order to make better purchasing decisions, use Terapeak product research. Want to start moving volume in your online store? Terapeak is the perfect tool to help identify fast-selling brands!
What is terapeak, and how does it work?
With Terapeak, you can find out what your competitors are doing and how to make your eBay listings stand out from the crowd.
There are several statistics that eBay provides, such as the average sale price, the number of listings sold and sell through rate.
How do you use Terapeak?
It's a breeze to use eBay's terapeak feature!
To get the most accurate information, type in the brand name and any other specifications about the item you're looking for. Decide which subcategory and time period you want to examine next (usually 90 days for an accurate estimate).
Depending on the condition, you can limit it down even further!
Why should you use Terapeak?
If you're considering a purchase decision, you can use terapeak to research comps.
Additionally, it provides a variety of features that can help you improve your listings, such as the ability to compare your listings to those of other high-performing listings.
In order to sell your listings quickly, it evaluates images, prices, specifications, retail standards, and keywords.
Sales patterns and statistics throughout time can be studied to better understand how many listings are being sold.
Let's take a deep dive into Talbot's terapeak data!
We're all aware that in order to grow our reselling business, we'll need products that move quickly and sell frequently. Typically, this means a store stocked with bread and butter brands- Talbot's is a good brand to start with.
This company's name is so well-known that in just 90 days, over $1 million was spent on eBay! With an average price of $18.98, this brand is a great fit for your business. For $4 per piece, you can get a Talbot's branded pack from kosei threads.
That equates to an average profit of more than $10 per item sold. Ten of these a day will bring in $3k a month from a brand that is often overlooked by resellers!
Using terapeak can level up any online store and take the guess work out of buying decisions.
Now is the time to stock up!
No matter how much expertise you have in buying wholesale, these are the best packs: