The news that eBay motors has been losing traction raises questions for the would-be entrepreneur in Westchester County. Is eBay still a good way to start or grow a Westchester business?
eBay has been a transformational force in the small business world. By giving individual entrepreneurs access to a global marketplace, as well as a fairly reliable infrastructure for ensuring the safety of transactions, eBay has made it possible to run a very profitable Westchester business from your home.
Over the years, eBay has grown, expanding its offerings. There are now more than 20,000 different categories of merchandise available on the auction site. It’s inevitable that some of these categories are not as successful as others: while people may be very comfortable buying sweatshirts online, for example, they may be much more hesitant to commit to buying very expensive electronics that way.
One of the decisions you’ll have to think through if you’re considering starting an eBay based business in Westchester County is what type of merchandise you’re going to sell. Research the category online. See how active it is. Does there appear to be a market for these items? You can track items similar to those you’re considering selling yourself. Do they sell quickly? For what price? This type of market research is essential for your Westchester business success on this platform.
The team of small business mentors at SCORE Westchester can help you realize your dream for business success. By working with our experienced volunteers, you’ll be able to assess the market opportunities that exist on eBay and develop a business plan that you can use to capitalize on those opportunities. SCORE Westchester small business mentors are available to meet with you in person, via email, on the phone, and over Skype. Additionally, there’s a whole schedule full of free small business workshops to address specific topics related to Westchester business owners. You’ll want to make sure to attend Expand Your Business with eBay on Thursday, November 14th. Space for this free workshop is limited, so register now!