WorthPoint partners with eBay research team

Categories: Blog | Tags:
Karen Knapstein

About Karen Knapstein

Karen L. Knapstein is Print Editor for Antique Trader. A lifelong collector and student of antiques, she lives in Wisconsin with her husband, Joseph, and daughter, Faye.

WorthPoint Signs Partnership Agreement with eBay Research and
Education Firm Terapeak

ATLANTA–WorthPoint Corporation Thursday announced that it has signed a
seven-year partnership agreement with Terapeak, the industry leader in
eBay research and education.

Victoria, British Columbia-based Terapeak, a subsidiary of Advanced
Ecommerce Research Systems Inc. (AERS), provides eBay sellers and buyers
with two years of trending data to help target the best products to
sell, as well as 90 days of item-specific data to guide average expected
pricing, sell-through rates, list timing, keyword choice and category
selection.

Under the terms of the agreement, AERS will provide WorthPoint with
eBay’s entire daily sales of antique and collectible data for inclusion
in WorthPoint’s database. In addition, Terapeak will re-sell
WorthPoint’s knowledge-based products, which include expertise provided
by “Worthologists” (WorthPoint’s art, antiques and collectibles
experts), WorthPoint employees and related professionals with more than
2,000 years of combined domain experience that is incorporated into the
database.

“We are excited to partner with Terapeak, which boasts the largest
customer base for eBay research,” said Will Seippel, CEO of WorthPoint.
“WorthPoint’s database already houses 30 million items, and we have
become the largest repository of art, antiques and collectible data in
the world. WorthPoint has data from more than 500 auction houses and
millions of products sold for retail. eBay data will now complement this
database, so that consumers, collectors, dealers and others will be able
to accurately assess the value of most any item.” Seippel said that the
partnership with Terapeak is a major element in a significant WorthPoint
product roll-out slated for late January.

“Our partnership with AERS and Terapeak will make WorthPoint the world’s
most comprehensive source of information on art, antiques and
collectibles,” Seippel said. “We will be adding more than one billion
items to our database over the course of this agreement and will make
information accessible in an easy-to-use format so that people can learn
more about the value of their collectibles. In these difficult economic
times, people need help finding additional sources of income, and
WorthPoint is the resource to help them do that.”

Commenting on the partnership, Fred Speckeen, CEO of AERS, said:
“Terapeak and WorthPoint aim to develop the ultimate resource for
collectors and sellers. Comprehensive new products will be created with
the vision of serving the breadth of the market, from small collectibles
to high-end works of art. We are excited to work with the experts at
WorthPoint to offer services that answer the questions most collectibles
enthusiasts and sellers ask: ‘What is this worth? Where can I buy or
sell this? Which of these items are valuable?’ The combination of
education, market research data and analytics will provide pinpoint
responses to these concerns and more.”

About WorthPoint

Atlanta-based WorthPoint Corporation (www.worthpoint.com)
is an Internet-based data-and-media company that offers a vast database
of sales records on art, antiques and collectibles. Founded in 2007,
WorthPoint has quickly become the world’s largest social network for
researching the worth of antiques and collectibles. WorthPoint helps
collectors understand the worth of their items and provides expert
advice from its international team of Worthologists on how to preserve
or sell antiques and collectibles. WorthPoint recently acquired Dublin,
Ohio- based GoAntiques, the oldest antiques-and-collectibles site on the
Web.

About AERS / Terapeak

Advanced Ecommerce Research Systems Inc. (AERS) (www.researchadvanced.com)
is a fast-growing, privately-held e-commerce data and analytics company.
The company has two strategic business units, Terapeak (www.terapeak.com)
and ResearchAdvanced, which deliver data and analytics based on huge
transactional data sets, including eBay. Today, AERS is eBay’s only
market data reseller, and has established itself as the pre-eminent
provider of the most up-to-date, thorough, and relevant online
marketplace statistical reporting available. Currently, AERS websites
receive more than one million page views per month.

For more
information: www.terapeak.com.

Leave a Reply