Bidvoy: the value of products based on eBay data
Bidvoy is a free online service that returns product price trends and recommendations to you when you use the service.
The marketplace eBay is a great resource even if it changed significantly in recent years and moved the focus from consumer to business offerings. It is still possible to make bargains on eBay or purchase items on eBay that you won't find anywhere else. It is still possible to make bargains on eBay.
One question that you have to ask yourself each time is whether the asking price is reasonable. If you analyze a specific product, you will notice that the price range is huge. Core reasons for that are that sellers may pick any price and that items may be entered without expiration date.
The price range of a new Lego Star Wars Death Star is $394.89 to $1529.99. You should research the price of an item on eBay and elsewhere before you make a purchase unless the item is dead cheap.
One option to do so is to browse the sold listings on eBay. Works well but if you need to do so regularly, you may prefer a different service that speeds things up a little bit. Enter Bidvoy.
The value of products on eBay
Bidvoy is a free service for eBay in the US, UK, Germany, and Austria. The service monitors products on eBay to show you the value of a product over time on the marketplace. It offers additional services that you may find useful.
Here is how it works:
- Select the eBay marketplace that you want to base your research on.
- Type a product name, e.g. Samsung Galaxy Book 10, Apple iPhone 5, or Lego 42078.
Bidvoy displays the price trend of the item based on eBay data and the selection of a category (which you may change).Â You can modify the data range, default is six months, and specify whether you want auction or buy it now, used or new data.
The service lists averages, weekly trends, the number of auctions and the price margin underneath the chart. There you may also find suggestions when to make the purchase (minimum for the buyer) and when to sell it (maximum for the seller)
Bidvoy lists a handful of auctions with recommendations. The service earns affiliate commissions when you click through and displays its assessment of the price next to each item (e.g. overpriced). Links to Amazon may also be provided.
Bidvoy is a useful service to find out the value of products based on eBay data. The service does not seem to use sold listings on the other hand which usually reflect the price better than auction listings.
There is also no option to monitor the price or keep a list of favorites to check price trends regularly. You can bookmark each and open these bookmarks, but it would be more useful if Bidvoy would offer such features instead.
Bidvoy offers complementary data that you may find useful. I would not base my buying decisions solely on the product as it lacks features such as the data from sold listings on eBay.
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