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Home/r/Entrepreneur/2025-06-26/#3172
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How do I find out what the market is like locally?

r/Entrepreneur
6/25/2025

SAAS TOOLS

SaaSURLCategoryFeatures/Notes
VintedNot providedMarketplaceCheck real-time prices/demand for clothes
eBayNot providedMarketplaceSearch completed auctions to see what actually sold
Facebook MarketplaceNot providedMarketplaceSee what's selling locally by ZIP code

USER NEEDS

Pain Points:

  • Lack of knowledge about local market demand
  • Uncertainty about what products sell well locally
  • Difficulty identifying profitable items for resale

Problems to Solve:

  • How to determine which items (clothes/electronics) have high resale value locally
  • How to assess market viability for a future video game store

Potential Solutions:

  • Use online marketplaces (Vinted, eBay, Facebook Marketplace) to research real-time prices and demand
  • Check completed auctions to see actual sales data
  • Duplicate successful local listings from Facebook Marketplace

GROWTH FACTORS

Effective Strategies:

  • Market research through existing platforms
  • Duplication of proven local business models

Marketing & Acquisition:

  • Leveraging free marketplace platforms for demand validation
  • Localized targeting by ZIP code

Monetization & Product:

  • Not explicitly mentioned

User Engagement:

  • Community-driven platforms where users share real-time market data