Tuesday, May 31, 2016
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Wednesday, May 25, 2016
Tuesday, May 24, 2016
How To Know if an eBay Item will Sell Before Ordering Inventory?
Know An Item Will Sell Before Buying eBay Inventory
Most eBay sellers and Amazon sellers biggest fear is spending a bunch of money in inventory that doesn't sell. What if I told you there's a way to know fairly certainly if a particular product or niche will sell on eBay before you even buy inventory? Pretty cool right?You can. There's a program out there called Terapeak. What it does is pull eBay sales data. There's a ton of data the program pulls such as who your top 20 competitors are, the best day of the week to list your item, the best time of day to list your item, and the best keywords to use in your title.
In this post however what were concerned with is know two things. How much sells of a given product in a week, and the sell through rating. The first piece of data is just overall sales. Say for example your selling silicone spatulas. We want to know how many Dollars worth of silicone spatulas were sold in a given week.
The next piece of data we want to know is what is the sell through rating. The sell through rating refers to the percentage of successful listings which were sold. For example if 1,000 silicone spatulas were listed but only 900 sold, that gives us a 90% sell through rating.
In this video below we show you how to use a program called Terapeak to pull this data and analyze whether a product is worth selling on eBay before we go shelling out any money on inventory.
Monday, May 23, 2016
How To Find Sell Through Rating Of Products On Ebay Using Terapeak
How To Find eBay Sell Thru Ratingns
eBay Sellers, one of the most important analytic data points you need to know about when considering an item to potentially sell on eBay is not just the overall weekly sales, but also the sell through ratings.What the eBay sell through rating is, it shows us how likely an item is to sell on eBay. For example, say there's 1000 listings on eBay for silicone spatulas. If 900 of them sell, that gives us a 90% sell through rating.
Personally I think anything below a 40% sell through rating probably isn't worth selling. Anything above 40% is worth investigating and 50% and above is respectable numbers.
One other point, if I ever see a sell through rating at 90% or above, what that tells me is there is a demand for a product but not enough people listing that product.
In this video below I show you how to find out the sell through rating of an eBay item using a program called Terapeak.
If you're interested in trying out this product you can get a FREE 7 Day Trial to test it out before buying!
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