Researching your market is a very important aspect of creating your business plan and setting up your new business. By researching the market you are targeting, you will have an accurate view of what they need and what they will be willing to pay for it.
There are many resources available that will provide the information you will need as you begin to research your target market.
One of the largest marketplaces on the internet is ebay.com. Even if you choose not to sell on their website, you can still benefit from the marketplace research available in their sellers areas.
Ebay.com offers several types of marketplace research to help their sellers succeed.
Hot Categories Report
Listing of ebay.com categories. Provides information regarding which categories have seen the most items sold. Report from Dec. 2007
Ebay.com Marketplace Research
View and analyze top searches, average start prices, average sold prices and much more. This easy-to-use product makes getting to the data you need quick and efficient.
Listings of outside companies providing market research about the ebay.com marketplace.