While reading an article linked to from Techmeme it is easy to see there are various ways to make money selling your old iPhone to get the new iPhone 3G. In theory, people are willing to give up their old iPhone for only $199.99 so that they can purchase their new iPhone 3G for free. We can see by our iPhone Index that the iPhone unlocked or locked is worth well more than that on eBay.
You could even go as far to say it might be possible to sell your old iPhone on eBay and get two iPhone 3G’s for free. Also, if you take a look at the trend on our iPhone Index, you will see the price of unlocked iPhones is skyrocketing! We hope this can help some of our visitors and members to make a quick buck or possibly get the new iPhone 3G and some free cash.
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Thank you for your continued support of Terapeak Marketplace Research!
Join Denise from Terapeak Marketplace Research to explore ways to use market research and find top dollar keywords. Your eBay listings have a 55 character store front, and that is your customer’s gateway to your items! Are you using the best keywords for your item, and are you maximizing your exposure? We’ll review a few simple methods to evaluate keywords using Terapeak research using some topical examples. The workshop will be open for the hour for any questions related to research and your eBay sales.
One of our favorite events here at the Terapeak office is eBay Live! It’s a unique opportunity for us to gather feedback from our current users, introduce new users to the concept of market research, and spend a few days with a great crowd of energetic and successful sellers.
After three days of speaking with the general public, I came away with a few observations:
Any economic downturn that the US may be experiencing is not affecting the profits of sellers who sell internationally. I spoke with a lot of people who said that they are netting even more than last year after opening up to international buyers and/or arbitraging goods on the international eBay platforms.
Lots of people know who we are, (Terapeak!) and use research to build their business. Numerous people simply stopped by the booth to let us know how much they use their Terapeak subscription. We all love to hear that!
debate of Buyer support vs. Seller support rages on. Sure, eBay is focusing on the buyer experience heavily right now (as mentioned in the keynote speech), but they are building help for the sellers as well – look at project Echo – a new feature in development for launch 2009 that will allow outside applications to be included within the eBay platform. The impetus of this is to help sellers, and it’s a project we’ve been very active in from the start, since our tools are seller tools!
Feedback is still an issue. Not a lot of sellers seemed thrilled at the new format, but are looking optimistically to eBay to make more improvements.
Chris Issak? Still very cool. And Sara and I were excited to see that he still has the same drummer he had on his TV show. Jugglers? Still not cool. Funny banter though, I will give them that J.
If you were at Live! this year, it was great to see you there, and I hope you had as much fun as the Terapeak team did. If you weren’t, we’ll see you in Florida in 2010.
Were you at eBay Live! ? There’s room in the comments below for your observations.
Participants at the eBay Developers Conference in Chicago today got a sneak peek at an exciting new eBay initiative that Terapeak has been involved with, called Project Echo. Since we are always looking for new and innovative ways to bring research to the market, Terapeak has been an active participant in this project from the start. Project Echo was spearheaded by eBay so that developers can easily create on-eBay applications, using a new set of developer APIs.
This new accessibility for developers is similar to Facebook opening its platform for applications. The difference here is that eBay applications will focus on improving sales and service within the eBay community. The integration of Terapeak was straightforward, thanks to eBay’s dev friendly focus and Terapeak’s versatility. The entire project was completed within a very short timeframe.
The Terapeak project not only includes access to Terapeak research, but an integrated inventory tool, which allows sellers to evaluate their inventory and receive fresh pricing data as the market evolves. Set to launch in early 2009, eBayers will be able to access Terapeak and other services directly within the eBay platform!
Terapeak’s iPhone Index is now online! This new index provides a very cool way to keep watch on the evolving iPhone market. The embeddable widget tracks locked vs. unlocked iPhone sales on eBay, and the differences are really interesting. You can add your affiliate id to the widget for marketing, and, due to the widget-based nature of the index, you can share near real-time data by embedding it into your blogs!
Share data like…the average price for a locked iPhone was $493.53 at time of writing. The average unlocked iPhone is selling for considerably more - $603.05. This same time frame saw 354 unlocked iPhones sold in a single day, and only 139 locked ones. This reveals a significant market preference for the unlocked iPhones! In total, $60,075 worth of locked iPhones sold in a single day, while the vastly more popular unlocked iPhones scored $192,808 in sales (that’s more than three times of the locked revenue).
Fred Speckeen, CEO of parent company AERS Inc., says, “This widget is a lot of fun. It sits on top of a tremendous mine of ecommerce information. Our Fortune 500 clients benefit tremendously from our price, volume, buyer demographics and geographic analytics. Updated daily, our analytics show today what will be news for their competitors three months from now…”
As iPhone aficionados everywhere watched Steve Jobs’ much anticipated keynote speech at the June 9th Apple Worldwide Developers Conference, and the resulting release of the 3G iPhone, means the iPhone Index will be one to watch as the market changes.
Please visit www.terapeak.com/iphone to view the entire index, and grab your own embeddable widget to share from the top right hand corner of the index!
eBay’s recent addition of an option to include your listings on the UK site for pennies means that you can now advertise your sales to an entire new market!This month learn to make the most of your listings by using Terapeak’s UK research. Understand this new market quickly and easily using Terapeak’s market research. Join Denise from Terapeak to review how market research can take the guess work out of your auction listings and find new and unique UK niche markets!
Using the Hot Products tool, find groups of products that share keywords in common and have a high success rate. Dig down to the category of your choice to personalize your research.
This week we launched Terapeak 5.0, the next generation of our existing site that incorporates not only a fresh new look and feel (and oh yeah, it’s faster too) but also some unique new features.
Those of you familiar with the site will notice that Terapeak now includes actual seller ID’s in all reporting (no more hashed number reports) and numerical totals in the category trending (previously it was percentage of total value). For example:
We can see that the week ending March 09, 2008, $429.88 K of sales occurred in the
Consumer Electronics > Televisions > LCD Flat-Panel TVs > 40-49 inch LCD TVs
category.
We’ve also taken our user’s feedback to heart and developed new tools that answer a question we hear everyday, “what can I sell on eBay?” Our new Hot Research tools make finding hot products and discovering new niches easier by providing you with information on what eBay shoppers are actively searching for, and what items are topping the sales within sub categories. The following is a report on the Hot Products within the Clothing, Shoes & Accessories > Men’s Clothing > Shirts > Casual category:
The Terapeak team is very proud of the 5.0 site, and we all hope that you’ll check out our new features, and our new interface! For more information, drop us a line here or at support@terapeak.com
Want to know what your product sells for in other markets? Use international research to discover opportunities all over the world.
Use the preferences menu to adjust time and currency displayed as well.
