How Terapeak Can Help you Make Money

It’s one of the most well-reviewed eBay related tools out there and it can go a long way to helping you make money. Read on to find out how.

What is it?

Terapeak is an eBay seller research tool which helps sellers find highly profitable new niches by showing them the sell-through rate, average selling price and much more. It takes the busy work out of finding new niches to grow your business. Best of all, it can pull data directly from eBay.co.uk, so you can really get to know your local market. How does it work?

Terapeak collects live data from eBay and analyzes the sales from the past 90 days and instantly shows you whether the product you are researching will sell. It looks at:•    The sell-through rate •    The average price sold

I rely on Terapeak whenever I want to check out a new niche idea I have, and it’s such a relief to know that I can use the data Terapeak collects to help decide whether a product is worth me looking into.
To do this, I simply enter a few key words describing the item into the search tool, select a category and whether I want Terapeak to collect data from the past 1, 7, 30, 60 or 90 days (I always start with  90 days as it gives me a broader idea) , and click search. The data is collected immediately. The first thing I always look at is the sell-through rate. If it is 60% or above, I know that I am onto a winner, anything less, I move on to look for something else with a higher success rate.


Hot Tip: Note that while a high sell-through rate is a positive thing, you must also consider it in relation to how many items were sold in the time frame Terapeak searched within. For example, if I search for polka dotted flip flops, and find a success rate of 81%, but then looked under the General Stats and see that only 4 pairs were listed in the past 90 days, I know that I will struggle to make a lot of money.

How much does it cost?

There are two membership options. The first is for a one-month subscription which costs US$24.95 per month, or can you choose to sign up for 12 months for US$197.95. Terapeak often offer free limited-time trials subscriptions, so have a good look around the site and forums before you go getting your credit card out.

For most sellers, the best way to use Terapeak is to buy a 1 month subscription and use it as much as possible during the time that you have it, though serious sellers who want to invest in numerous niches will certainly find value in a 12 month subscription. Remember to select eBay.co.uk from the drop-down menu when you sign up, if you don’t, the default setting is eBay.com, and you won’t have access to data from eBay.co.uk.