If you buy it on Alibaba.com, will it sell on eBay?
July 22, 2015 01:48 PM
Two of the world’s biggest e-marketplaces for buying products wholesale and selling them retail—wholesale site Alibaba.com and retail site eBay.com—are connected to a new service announced today that’s designed to help companies source products likely to be in demand by consumers.
Alibaba.com, the business-to-business e-commerce site of China-based e-commerce marketplace company Alibaba Group, has teamed up with product data analytics company Terapeak to introduce an online service that lets companies get information on how particular products are selling on eBay.com, the global e-marketplace operated by eBay Inc., and where to source them on Alibaba.com.
Client retailers of Terapeak that log in to Terepeak.com can now click into a “Source My Inventory” section and search for a particular product—a mobile phone or a tablet computer, for example—among more than 30 million products available on Alibaba.com. In the search results, users can then hover their mouse over each product listing to view three options for clicking into more information on how well such products are selling on eBay:
● Analyze Price & Demand—including information on the retail price range, average price, number of items sold, and the number of sellers already selling that product on eBay.com;
● In-depth research—for additional information on how the product sells on eBay.com, including average shipping time and price, and the average sell-through rate of items listed by sellers;
● Source on Alibaba.com—If a merchant decides there is good opportunity to sell particular products on eBay.com, they can use this feature to click directly to Alibaba.com to see an automatically generated list of those products available from suppliers for purchase on Alibaba.com.
Terapeak, which says more than 2.6 million merchants use its services, charges monthly fees of $15 per month for product data on eBay.com based on listings and sales for the past 30 days of when a user conducts a product search; it charges $30 per month for data for up to the past 365 days, according to Kevin North, president and CEO of Terapeak. The higher fee also lets users research how particular products are selling on Amazon.com, though without the option of also clicking to Alibaba.com to view an automatically generated list of available products to purchase from suppliers on Alibaba.com, North says.
“This partnership with Terapeak enables our shared customers, who source inventory on Alibaba.com, to gain more data-driven insights to better inform their sourcing needs and business decisions,”says Michael Lee, director of international business development and marketing for Alibaba.com.
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