Comments on: Terapeak Value Track: Price trends on eBay

By: denise @ terapeak

denise @ terapeak — Thu, 18 Dec 2008 18:51:02 +0000

Thanks Andy – really good points there, and I’m pleased that Terapeak has helped your business so much – that’s what we’re in it for! You know, besides the fame and fabulousness…So…do you accept cash by post?

Jimbo – sorry you’re stuck with PayPal. We do process credit cards on the Terapeak.com site – maybe shoot support@terapeak.com an email and see if they can help you switch? I

Take care all!

denise

By: Jimbo

Jimbo — Thu, 18 Dec 2008 07:39:23 +0000

I have used Terapeak in the past and found it very useful. The only thing I don’t like about Terapeak is that you are obliged to use PayPal. If I could pay with a card I would be more likely to have a running subscription.

By: Andy

Andy — Thu, 18 Dec 2008 07:16:39 +0000

We use Terapeak and the data is amazing. In any form of statistical data there will be variations but Terapeak helps us get a very good picture of what is selling and what is not.

It’s also easy with Best Match to simply search for an item you’re researching on ebay and if someone has a GTC listing with good sales that are missing from the Terapeak data they’ll be somewhere near the top of search results and it’s just a click to see purchase history.

We’ve trebled our ebay sales from last Christmas and a lot of that has had to do with the research we did beforehand with Terapeak.
.
Of course we’ve also trebled the ‘where is my stuff’ and ‘do you accept cash through the post’ emails which we could all always do without!

By: denise @ terapeak

denise @ terapeak — Thu, 18 Dec 2008 02:14:56 +0000

Dan – lol, well perhaps next year you could work something in, jeez!

Hope all is well over there, keep in touch!

By: Dan Wilson

Dan Wilson — Thu, 18 Dec 2008 00:20:14 +0000

Denise: I didn’t manage to mention it at Small Business 2.0. But you have fabulous hair. )

By: denise @ terapeak

denise @ terapeak — Wed, 17 Dec 2008 23:07:52 +0000

It’s true the FV30 listings are not included in the research at Terapeak until after they have ended completely. This means that some data may not arrive at our site for 30 days past the sales date. Any research tool providing eBay sales data will have the same issue right now.

We have been working closely with eBay on a solution to add these listing durations to our research. Expect an update with good news shortly. Until then, the data is still full of value as it is reporting on a large amount of closed eBay listings. Remember that many market research firms consider a group of over 1000 points of data to be significant. Terapeak reports on millions a day.

Please feel free to contact us directly if you have any more questions David.

Take care,
denise
Terapeak MR

By: David Portugal

David Portugal — Wed, 17 Dec 2008 21:49:53 +0000

This is complicated, read slowly. The research terapeak provides only includes information about closed auctions. As we all know about 8 weeks ago eBay pushed it’s sellers to use “good til canceled” or GTC listings instead of auctions. This means terapeak does not report any sales from a seller who has 25 widgets for sale and lists them as a GTC fixed price listing until the listing ends. If other words, terapeak does not reflect reality of what has actually been sold. A large percent of eBays listings are GTC and none of the sales are reported until the quantity is sold to zero or the seller cancels the listings. In a large percentage of cases either of these two events can take months and months to happen. I have personally stopped using terapeak for research because their data is 100% accurate regarding closed auctions, but unfortunately, if you don’t consider the GTC listings the data is worthless.