NEW SOFTWARE TOOL TELLS EBAY SELLERS WHAT SELLS BEST

ORLANDO, FL -- Worldwide Brands, Inc., founded by eBay Radio Product Sourcing Editor Chris Malta, has launched a new software tool that complements their already highly successful Product Sourcing Directories. The new Market Research Wizard is designed to help eBay Sellers research what is selling and what isn’t, in the worlds largest Auction marketplace, eBay.
The starting point of all successful selling is understanding the Product Market. Competition, Demand, Advertising, Supply, Pricing…all these factors and more make up a surprisingly delicate balance that determines whether a product will actually sell. If there's no Demand, the seller has to either create that Demand through Advertising, or decide not to sell the product. If there is too much Competition, the seller becomes one of a herd, competing only by continuously reducing their price – a scenario that ends in a product with no profit margin left. The other Product Market Factors play against each other in a similar fashion.
Until now, successful eBay Sellers have been forced to do a tremendous amount of manual research into all those factors to correctly determine the viability of a product.
Worldwide Brands, Inc. has been successfully researching Product Markets for many years. The Market Research Wizard was created by automating WBI’s proven research techniques by first collecting the necessary product data online. The MRW then applies Worldwide Brands’ own Research Algorithm to the data, and generates a standardized indicator of a product’s chances in the online marketplace. In short, it indicates what will sell well, and what won’t, depending on the product(s) the seller is researching. It also provides detailed intelligence on what the seller’s Competitors are doing in the marketplace, helping the seller to “outflank” the competition.
“This is a very well rounded market research tool” said Chris Malta, Founder and CEO of Worldwide Brands, Inc. “It literally performs days worth of tedious research in mere minutes.” Worldwide Brands developed the tool with the help of a number of very successful eBay and Internet Store retailers. “This fabulous tool is a permanent and indispensable part of my marketing from now on!” said Sydney Johnston, President of Cyber Solutions, Inc., an Atlanta-based eBay Specialist. “Sadly, most would-be eBay sellers avoid this all-important step of research, either because the analysis is too time consuming or they don't know how to do it. Therein lies the value of the Market Research Wizard. All you have to do is decide what product you want to research and the Wizard does the work for you – instantly and efficiently. You don't have to understand the “how-to” because the Wizard already knows. Computers excel at tedious and repetitious tasks. Let the Wizard do the boring work while you use your time and brain for the creative work that computers cannot do.”
A FREE trial of The Market Research Wizard is available at WorldwideBrands.com. The full version of the product retails for $97.

For more information on Worldwide Brands please visit www.myebaymarketplace.com/worldwidebrands

This release was published on openPR.