A few weeks ago, I shared the story of Kent Hamilton who built a free tool to help sellers uncover the top selling items on eBay.
In that post, we asked you to try out the tool and provide actionable feedback for Kent.
We got tons of highly valuable feedback that helped Kent tune the tool to show results for what sellers reported as being the most valuable insight for them.
The new tool now answers these questions –
- What are the top recent sold items on eBay ?
- What are the top recent sold brands on eBay?
- What items are the fastest selling on eBay?
For today’s post, I’ve asked Kent to explain how exactly the new tool works, and how it can help you uncover the top selling items on eBay.
Hey, I just wanted to thank you for the amazing feedback received regarding the research tool and let you know that we have been very busy updating it and making it better by adding new features.
Here is how it all started and where we are now thanks to you.
I first built the ebay research tool (now called ProductGenie) to help my mother and brother find products that were most popular on ebay as they sell full-time on ebay. I shared this tool on my website and saw that people liked what they saw but there was a major flaw. The feedback I received said that if I show top selling products, especially those that are still active then I will most likely only get manufacturer sellers/products and not products that most average sellers sell on ebay. Here is what the tool search results looked like before:
It was cool and showed the top 50 selling items in each category. But here is the deal, I learned that data was not that helpful because to sell the same products or compete with those then you would need be a high volume seller yourself (mostly selling new products).
After the feedback I went back to the drawing board. Here is what I came up with for the new ebay research tool along with the new features:
The tool goes out to ebay every day and gets the latest selling products up to around 6,000 per category (sometimes more, sometimes less). This allows the tool to calculate things with the snapshot of data.
So the best way to describe this new tool is that it Gives a snapshot of the most recent sold products in each category to get a feel for what is currently selling and it updates daily (most trending). Of course, updating daily some of the research data will overlap but it will continue to update daily and you can see what is selling over time.
The updated ebay research tool only gets products that are “completed/sold”. That is important because it shows only products that have sold and by filtering the data by completed as well it will more than likely show products that relate to the average ebay seller and not so much the high-volume manufacturer sellers that sell the same new products over and over. Here are the features of the updated tool in a little more detail.
1. Most Recent Sales – again this shows you a snapshot of what is currently selling in each category over the past 6,000 (approximate) sold products. The search results for Most Recent show 4 columns (The black border): Item, Quantity Sold (based on snapshot of data), Price, Listing Type (this is also called Buying Format such as Auction, FixedPrice, etc.
2. Top Brands – This new feature takes the approximate 6,000 most recent sold items, pulls out all the Brand Names and lists them in a table sorted by most sold first, so you can see the top selling brands over the snapshot of data. The Top Brands feature also allows you to click on the Brand Name link and see all the products that have been sold for that particular brand. The Avg Price column needs to be changed as this currently calculates the average of all products sold for that brand and doesn’t distinguish between things. For example, if it shows 200 adidas products sold then it would be the average price for all Adidas products, including shirts, cleats, shorts, etc. We may eventually let you drill down into the products and see the average price for sub products of the brand. The results show 3 columns: Brand Name (which you can click and see all the products that have been sold for that brand), Quantity Sold, Avg Price.
3. Fastest Selling – This feature was a suggestion from my mother She wanted to know which products sold the fastest. So, we take the snapshot of data each day and calculate which products are sold the fastest based on when they were listed. The results show 3 columns: Product, Speed of Sale (from the time it was listed to when it t sold), Listing Type (auction, fixedprice, etc).
Help Kent keep making the research tool better for you!
You’ll note that we’ve got so impressed with Kent’s research tool that it’s now hosted on the CrazyLister site.
Didn’t get the results you hoped for? Missing a filter your wish the tool had? Have any other improvement suggestions?
Reach out to Kent directly via the support widget at the bottom right side of the research tool.
Kent has proven to be very pro-active in reacting to your feedback. If you ask it and it makes sense for more sellers, you will most likely see the change in a matter of DAYS and sometimes even HOURS!
So don’t be shy and share your constructive feedback.
And happy selling!