Today, November 24, is Small Business Saturday. American Express created this day in 2010 to highlight the millions of small businesses the day after Black Friday in the U.S.
For two years now, Etsy has been taking part with American Express to promote several local events as part of Amex’s Small Business Saturday.
In the post eBay made said:
“For over 20 years, we’ve enabled small businesses to launch, grow, and thrive on our marketplace. Central to this undertaking is our commitment to economic empowerment—we believe that everyone should have the ability to be financially self-sufficient. Our marketplace platform creates a unique relationship with our sellers, one in which we never compete on products listed for sale. These principles set us apart from other marketplaces and lay the foundation for seller success.”
Further the company said that “eBay believes small businesses are the lifeblood of the American economy, and we are incredibly proud to help sellers shape their futures, lifestyles, and livelihoods.”
Many Small Businesses Launched on eBay
While some long-term sellers may not feel the company is operating in the spirit when it opened over 20 years ago, there are many success stories even today of small businesses starting out with virtually nothing on eBay.
One cannot deny that eBay can be an incubator for micro and small businesses around the globe with over 170 million active users.
The platform still is a great opportunity for those that wish to enter eCommerce with little knowledge on operating an eCommerce store or marketing their products to the masses.
With all its faults there is still money to be made on eBay with the right products.
eCommerce as a business has changed and the pressure to service customers today is far greater than it was 20 years ago.
While some sellers bemoan eBay about these changes, others are taking them on and succeeding. At the end of the day, it is what a seller makes of it that decides failure or success.
Have you recently started an eBay business and how is it going? Please use the comments section below or head over to our Facebook Group for Small Business Sellers and interact with other small business owners.