Moreover, what filters you can use to narrow down your search and what metrics you need to understand to overall determine the demand of the chosen item. So far, you’ve learned how to analyze eBay’s market based on any product you choose to sell. That is why Terapeak is so great, it gives you the tools to actually analyze every single aspect of the market and allows you to strategize your sales based on the demand and on what other sellers are doing - so keep an eye out for every metric and plan accordingly! The question you’ll have to ask yourself is - is the market big enough to be highly competitive?Īdditionally, you can combine the insight that Terapeak research gave you to find products for eBay dropshipping, using other product research methods, for example, the sniping method. This would also mean how big is the market size. Total sales: This will be the total sales revenue made.To be as competitive as possible, consider adding free shipping to your listings. Free shipping: Check the free shipping rate given on the search results and determine how important it is to buyers.Total sellers: Out of your filtered search results, you’ll see the amount of sellers who currently offer running shoes in the eBay market - check how many competitors you’ll have.Average price: Check what’s the average price given by sellers and what buyers are willing to pay for it - It’ll be easier for you to set your price based on this information.General data on this market: I would recommend you to focus on a few variables:.Terapeak will show you the most relevant data shown in the results. Okay, now that we already filtered our options, it is time to analyze the trend. Searching for eBay trends with Terapeak eBay Furthermore, it is always recommended to sell at a cheaper price than other sellers to stand out from the crowd. Make sure your minimum isn’t lower than $10 because as a dropshipper, you’ll source your items elsewhere, therefore there are costs involved (eBay fees + the product’s cost + shipping fee) that you need to cover when you set your price. So by choosing the fixed price option, you are in fact excluding every item under auction. However, this feature is rarely used by dropshippers. eBay was originally the biggest auction website and still is. Third, filter items with a fixed price.You want to sell items that aren’t used therefore it’ll attract more potential buyers. Second, filter the item condition by choosing the option “New”.This will help you analyze the months where there’s a higher demand of sales in the selected product. First, filter the time period by the length of a full year (365 days).Now, let me give you a few pro tips that’ll make your product research so much easier while following the rules above: Filter the product listings by price ranges, item condition, buyers & sellers location.Select a date range and filter your results to show you specific periods in time (anywhere from the last 7 days or a full year).Type in the magic keywords: Running shoes.So, here are 3 basic rules you need to follow: So, you want to figure out if selling these products would be profitable for you or not - let’s be honest, who wouldn’t want to buy a pair of cool sneakers? Especially with all of the Olympics Tokyo 2020 trend that just finished back on August 8th. Let me give an example, let’s say you’re interested in selling running shoes. How to use Terapeak eBay Research to analyze trends on eBay: Use sales data to refresh your inventory based on what buyers are looking for.See trends over time, and stay ahead of seasonal demand.Identify categories with high demand and low supply.In simple terms, with Terapeak insights, you’ll be able to: You can search for keywords, niches, product categories, or product codes. And everything of this is possible thanks to the real-time eBay marketplace data. You can source products by different categories in the search bar. Terapeak product research on eBay Seller Hub
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