To close my store or not to close my store
I have been struggling with this topic for several months now. Plain and simple, sales are down in the gutter. It is costing me more now to keep my store open (about 10 years old) than it is to make any money! Let's face it, Facebook Marketplace is killing us mom & pop little Ebay stores. I have slashed my prices 3 months in a row, and still, only a couple sales trickle in. I try to list about 80 items for sale. I mostly sell name brand clothes and jewelry. I used to have shipments at least 3-4 times a week. Now, if I'm lucky, that's a month. Is there any reason out there why I should keep my store open, or just focus selling on Marketplace, which I've been double-dipping into that as well as Ebay. Any words of wisdom out there?
1 comment
mr_lincoln
Mentor3 years agoHi @rascaljo Let me highlight some of your points for decision making purposes:
-sales are down in the gutter.
-It is costing me more now to keep my store open
-I have slashed my prices 3 months in a row
-only a couple sales trickle in
-I used to have shipments at least 3-4 times a week. Now, if I'm lucky, that's a month
-Is there any reason out there why I should keep my store open
If you can't diversify and add things that sell better then the decision is simple IMHO