Terapeak and Alibaba team up to help online retailers source products
Terapeak and Alibaba have announced that they will be working together to help online retailers source inventory from suppliers around the world. As a result of the agreement announced yesterday (22 July), Terapeak users will now be able to view, search and filter the top 30 million trending products on Alibaba.com.
According to the two companies: “This data integration will provide direct access to both sourcing and sales analytics, helping retailers sell more on eBay, Amazon and other channels.”
Terapeak supplies marketplace analytics to eBay and Amazon businesses and claims to have over 2.6 m users.
When customers login to Terapeak, they will see a new button to “Source My Inventory.” This feature will give customers access to a searchable list of Alibaba.com’s products.
By combining supplier product and price information with Terapeak’s other market research features, retailers can now answer questions such as: “How much can I sell this for?”, “How many of these can I sell in a month?” and “What does my competitive landscape look like for this product?”
“We wanted to provide Terapeak customers with the ability to uncover global sourcing opportunities, and we believe that Alibaba is the best place to start,” said Kevin North, Chief Executive Officer of Terapeak. “By working with the world’s largest wholesale marketplace, we can help our merchants source the hottest and most profitable products and sell them more effectively on eBay and Amazon. This is about giving our customers a competitive advantage.”
