Terapeak is supposed to provide you access to data from eBay that can help you determine what to sell, at what price, and in what category. It’s designed for eBay newbies, as well as Top Sellers, and it is often put to the test against the free search tool provided by eBay. So can this software really increase your eBay sales, and is it worth paying a monthly fee for, or can you get by using the free information that’s readily available to everyone?
If you’ve been selling on eBay for any length of time, you’ll quickly want to get the edge on your competitors so that you can outsell them, and make more money. One way to do this is to have access to better data than they have, or to snoop on what they’re doing so you can copy what’s working for them. Terapeak says that with the information they provide you can do just that and more. By letting you see one year’s worth of closed listings, category sales trends, and new sales trends, should have everything you need in order to boost your sales, and make better choices as to what to sell.
Terapeak says that eBay sellers that use their software make more money than those that don’t. That’s a pretty touch claim to refute or to prove. That’s pretty much the only claim they make, other than listing the benefits of using their software. Instead of making claims, they present testimonials from those that have had success using it.
Many eBayers find out about Terapeak sooner or later and wonder if it’s worth trying out. There are those that say it’s not worth it, and there are those that say they wouldn’t try selling stuff without it, which creates something of a debate in the eBay community, which is pretty much a form of hype for Terapeak.
Terapeak is $30 a month, which gets you one market, or $50 a month which gets you all of the markets, plus eBay motors. You can pay annually to save some money, effectively getting 3 months free. The service is often compared to the free information that’s provided by eBay, so you have to weigh the pros and cons of each to see whether or not it’s worth the extra cost. eBay will give you some information, but they won’t give you the farm, and only give you enough to make general, sweeping assumptions with.
Having access to the information is only one part of the puzzle. You have to be able to make heads or tails of all this data, and then put that knowledge to use if you want this to be worth it, and to get a return on the money you’re investing. So while it does organize the information in a concise and easy-to-read format, you still have to dedicate time towards researching it, and processing it in your own head.
The access to the closed listings alone is worth it. You can definitely learn a lot about what sells and what doesn’t sell by going over these reports. Rather than trying to sell what you think people want to buy, you can find out what they actually do buy, and then cater to those needs. This simple adjustment can mean the difference between making sales on eBay, and not.
The next helpful tool is the trends, both the category trends, and the new product trends. While it’s true that the free eBay tool does provide them of this information, and shows you overall or general trending data, the Terapeak information is more detailed, laid out in a better format, and provides more accurate reads on what’s growing in popularity.
Final Terapeak Review
It’s hard to argue about the type of data that Terapeak provides you with, so the only real way prove if it works or not lies with the individual. Are you able to take this raw data and turn it into something that either makes you more money, or reduces your expenses on goods that don’t sell, or helps you learn new strategies by watching what successful sellers do? If you’re able to process this information and turn it into actionable items, you’ll probably get a lot of benefit from Terapeak.
However, there is a chance that you could get overwhelmed by all of the information, and your mind can get lost in all the data. This can lead to paralysis of analysis, and you could spend several hours with nothing to show for it if you just get frustrated and for your hands up in desperation, or get lots of ideas without focusing on one take action on.
Since they offer month to month memberships, it would only take $30 or $50 to find out if it’s worth it or not. If you make back your money, stay on for another month, and if it stops helping just cancel. Only you know your niche as well as you do, so you’re the best person equipped for determining if Terapeak is right for you and your specific business. Even one month of service can give you enough information to guide your actions for the next several months, if you use it properly. If it gives you one new idea that ends up making you more money, it’s worth it in the long run.
169 Customer Reviews on “Does Terapeak Really Work?”
Very good input thank you Dan, I did not even know that pre-paid credit cards from local drug stores exist. I will definitely check this out AND do it.
Tell your credit card co. your card was lost or stolen. They’ll send you a new card with a new #.
I used Terapeak when it was $15/month. (may years ago!) I never thought it helped my sales. Now I just go thru “Sold” items on eBay to figure out how to price my stuff for sale.
If youre to lazy to check ebay sold/completed items then paying for this service might be worth it. Its a joke that companies make money off services like this- 1 star.
my gosh, i want to vote 1 star but it preset minimum for 3 stars. I dont like the way they billed you as I only signed up for 1 month but terapeak continues to charge you without my consent. I dont even know that they charged me after the 1 month. So this is what? A force sales…….. oh gosh!! If your company is so good, you dont have to do that.
This article is worthless. All it says is it Terapeak might or might not be helpful.
I am really only interested in one thing from Terapeak. I want to know the page views of each of my eBay products for different time frames (month, 10 days, etc.). I thought that I found it once but cannot do it again.. I also like the fact that I can see who sold the same product and how many they actually sold.
Their ability to answer questions is not good. No live chat, No actual person; just email.
It is not great but don’t see anything better.
Try MarkSight.com – it doesn’t do all of what Terapeak does, but at least it’s got some free tools to research your basics.
I am doing a one week free trial on Terapeak.
During the first day of the trial I found that Terapeak listed fewer transactions during a given time period than the free ebay search.
Does anyone know why this is?
Thats why i always tell people too sign up to any monthly free trial etc with a pre paid credit card.
a 25 dollar card…. just make sure you spend its value after you get your free trial..
i have zero issues doing this….
but use your bank card and they will get a month or two per person by being slow or saying must give a 30 day cancel notice…
Im tell you the way too go is pre paid credit cards at your local drug store.
Thanks guys for the information I think for now I will pass on the software. I have been seriously selling on eBay for the past three months and so far so good.
I’ve been selling on Amazon for over two years and you do not have a chance against the customers maybe if you are a FBA seller you might have some chance if you can bear the FBA fees that has just went up again. As a seller Amazon don’t need you. What Ps
me off about Amazon they copied my mouse pad designs. I’ve lost all respect for Amazon and eBay well I’ll see. I do Agree keep your items under 100 dollars !
Agreed. At one point, I was selling phones on Amazon. I had one guy buy a new phone, send me back an old one, claiming he had bought two phones, but couldn’t remember which one I sent him. This was clearly a scam, but Amazon does not care. They let scammers screw sellers as well, because in their minds, this is a small price to pay for sellers, and there are obviously more buyers than sellers.
I signed up for the 7-day free trial on Terapeak. I spent an hour in there one day.. and another hour the next day. As far as I could see.. it was not worth bothering with so I cancelled the free trial.
Maybe it was just not helpful for my particular niche. Someone in a different niche may find that it actually turns up some useful information.
As far as I can see.. seems like you can get all the information you need by checking around in eBay.
Donald.. Amazon is no better.. unless you use the Fulfillment by Amazon (FBA)
If you are shipping the items yourself.. buyers claim they never got the product.. the product was defective and they want all or at least half of their money back.. the ridiculous claims go on and on.
Amazon kisses their customers butts and gives their money back even when there is proof of delivery. When someone claims the product is defective.. they will give back however much money the customer is demanding.
Amazon tried taking the money out of my account. I called and told them I knew for a fact that the item was NOT defective.. it was brand new and all merchandise is checked as it arrives at our store.
The buyer just wanted the product at half price. I told Amazon that the price of my product is $80 and if the buyer does not want to pay that amount then she needs to return the product as I do NOT make a practice of giving discounts.
Amazon returned the money to my account.. gave the woman 50% off and ate it themselves.
Thank you all! I was very curious about Terapeak. I started selling on Ebay consistently as a Powerseller back in 2001 – 2006-ish… then it was on and off for several years. Now I think I finally found my niche product and price point to sell. I activated my Ebay store again and have been selling daily and consistently for the past 6 months this year. So I’m curious what will take my sales to the next level. To drive more buyers to my Ebay listings or stores. I’ve read many of the articles that you can find on Google and have even implemented quite a bit but still want to get over this hurdle I seem to be running into. Thanks again guys and gals! 🙂
I am facing same problem with Ebay, they give me time frame of 48 hours for refund to the seller and within next 10 minutes they gave the decision in favor of sellers, I wrote many times but still awaiting the reply from Ebay. They always favor to the seller and no concern to buyer issue.
Glad I didnt purchase this, sounds like I dodged a bullet. I love to research so I’ll just put in the time.
Gosh I can’t express how much Terapeak is bothering me. I’ve signed up for trial, but Terapeak was too slow. So I tried to cancel but Customer service took more than two weeks to response, so my card got billed. No refund – all they said was that I should have contacted them earlier. Currently I’m stuck with http://www.tradu.io Customer service is much better and responds instantly. This is really important to me, people that buy my items on eBay expect a quick response of me too.
I RESENTLY TIED SELLING ON AMAZON and 2 of4 sales were from buyers that purchased the wrong item and Amazon refunded them without my permission or feedback.
one of the customers commited fraud and “A” paid them to do it
NEVER had an issue with EBAY
I try to cancel my 7 days trial period but casn’t fine any were on their website to do this now I thave to called them to cancel
Thank you for the information. Where can I get the information I need for free and faster?
Alternative sell on Amazon. More money being made on Amazon. They are very professional.
The only feedback I can currently provide relates to TERAPEAKS terms regarding refunds of purchases.
I highly recommend that anyone considering a purchase, take a close look and consider those terms prior to product / service purchase on any level and for any length of time.
Any alternative to Ebay?
I agree with the opportunities for buyers to run scams. I sold a brand new item with tags attached to a buyer on ebay. The buyer claimed that the item was not new and the tags did not match the item and opened a case against me. I notified the buyer that they would have to pay for shipping to return the item and I would gladly refund the money. 14 days went by but the item never arrived. The case was still open and created a mark against me. I called ebay and after a 43 minute wait, spoke to someone who told me they would close out the case, let me keep the money I was paid, refund the buyer AND let the buyer keep the item. If you want free s*it on ebay this is how you do it. A bunch of BS I say. Sellers get screwed….
With the Money Back guaranteed for buyers eBay opened the gates to scammers. eBay will give the buyers their money back (taking it from sellers of course) if the buyer will claim “item not as described” and it will initiate a return. If you sold them a watch and they send you back a brick you can take videos, photos , do whatever you like to prove eBay that you were scammed. They will elegantly give you the finger. I am a seller with over 16 000 sales on ebay in the past 4 years. This happened to me 4 times in the past year. One of the buyerswho scammed me did this to someone else (the seller reply to their negative feed-back mentioned that)- he had like 16 feed-backs. eBay did not care. There are tons of stories like that on Google. When I tried to dispute it i got a negative feed-back, lost all the money, payed the return shipping, lost the item I shipped and payed eBay the final value fee for the transaction.
Thanks for the short analysis. I am curious why the comment about nothing over $100 on ebay.
Terapeak is a great way to know the market in general, even if you’re only given data from eBay. At least the free trial or 1 month should be tried. I have sold on eBay for over 5 years and once in a while I subscribed to better know the competition and know what better sells. As one Bob Butler have said eBay is been raping sellers constantly lately covering buyers scams and now eBay is becoming less and less secure for sellers. Still is a popular market, at least will be for a while. I would not sell anything over $100 on eBay.
eBay no longer allows Sellers to tell the truth about Bad Buyers.
eBay tells Sellers that it will hold Bad Buyers to accountability, but seemingly doesn’t.
eBay charges phenominally expensive fees to Sellers.
eBay has made it very plain that they’re going to continue to allow excessive abuse of Sellers as it’s not only easier tfor them to do that, but the money that they hold on escrow from Sellers earns them interest.
Yes, since all of the above, I wouldn’t trust them to be fair to Sellers with Terapeake or anything else! And, IMO, you shouldn’t either.
I don’t think its worth it, most sellers base their items off of what they actually have access to. I would love to sell Apple products, phones and other electronics but that dosnt mean I have access to them. This provides you with info that is already public on ebays website, just do some research.
I’m sorry I wasted my money on terapeak, if a person is unable to look an item up and see weather it’s selling or not, then they don’t have a chance- the 30.00 I paid, all it did was lower my profit, now I have to deduct the 30.00 from my total of the profit- you can get the information you need for free and faster, last time I tried using terapeak it took for ever to produce any information about the products.
waste of money………