Terapeak is the Best for Pricing and Sell-Through Rate on Ebay
Use Cases and Deployment Scope
I have used Terapeak to sell some surveying equipment on eBay for my employer. Since the items we were selling were very technical/specific, I did not know how to price them. It is easy to determine what these items cost new, but I did not know how to price them used so that they would sell. Terapeak helped me to determine a good price so that my company got a good deal, but the items moved. Since we had a lot of products to sell, I also helped a couple of coworkers to use the software. We had the business account, so we could have multiple users at a very reasonable cost (about $20/month for what we needed).
Pros
- Gives accurate comparable sold listings to determine pricing.
- Aggregates sales information well, so I do not need to scroll through pages of listings.
- Helps with determining shipping/whether to turn on free shipping or not.
- Helps with sourcing and deciding whether to pay up for certain items.
Cons
- I wish I could use Terapeak outside of eBay. Why can't I use it with other platforms like Mercari, Poshmark, etc.?
- I don't like that I have to pay for this feature. Other selling platforms provide their sold information free of charge.
- It feels antiquated. I need to click through many menus and tabs to price items. I wish it would automatically move me through the pages, instead of making me fill out the information, then hit "next" or "enter."
Likelihood to Recommend
Terapeak makes sense for people looking to sell a lot of items or resellers. It does not make sense for people selling one-off items or individuals looking to simply spring clean. It is great for determining pricing, what to start auctions at, and figuring out a shipping/returns strategy (whether or not to offer free shipping, have the buyer pay shipping, and if you should have returns allowed.) I would not recommend it if you just want to move the item out of your house or if you do not care what price an item sells for.
