Simply using one of the best eBay product research and market analysis tool may not be enough to help you to make the right decision. There are a few specific things that you should look for while using the software. You will also need to ask several questions and find relevant answers to them to get proper insights, just as you were looking for. This includes looking at the number of reviews that your competitors may be getting for a particular product that is similar to yours. Remember, reviews and feedback from the customers is the best way to judge a product or a brand.
Focusing on the reviews
Therefore, you should first use these tools to get the reviews ad then focus more on analyzing them for your own business benefits. First, out of these reviews you should analyze how many of them are positive and how many are negative reviews. Also find out whether or not those positive reviews detail about the good things about the product. Similarly, find out whether the negative reviews say about the poor things in the product. Most importantly, find out did the seller respond to the negative reviews and corrected the issues. If yes, then how many.
Questions to ask yourself
You will also have to ask yourself several important questions. These questions may include but not limited to what are the advantages of your products that the users would get over the products of your competitors. In order to find the right answer to this question, you will need to consider a few specific details. If you are new to it, you may take help from the experts or visit sites like www.fastintell.com and others to gain some valuable insights about how to go ahead with your market research and ebay competitor analysis. Ideally, all you have to do is see what your competitors are offering as well as the price and promotions, shipping options, customer service, and more.
Look at your product
With all these facts and figures, you should now look at your product and find out for yourself whether or not it is better than what you have found out about your competitors. Find out whether the info provided along with your product is clear and helpful for the users or is it very confusing. Moreover, you should be very active yourself on this platform like hose successful sellers to have a higher rank.