E559: Is It Better to Sell or Hold Onto Your E-Commerce Business in 2024?

The Ecomcrew Ecommerce Podcast

Mike Jackness, Dave Bryant | eCommerce, and Amazon FBA Experts에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Mike Jackness, Dave Bryant | eCommerce, and Amazon FBA Experts 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

2M ago 35:49

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Dave and I discuss the reasons why e-commerce valuations have significantly decreased this year, Mike's run at the World Series of Poker event, and the potential valuation of content websites.

Today's episode is sponsored by Clearco, a company that provides ecommerce businesses with working capital to fund inventory, marketing, shipping and logistics, and more! Check them out today!

It's been almost a year since I last sold off one of my e-commerce businesses.

Since then, a lot has changed.

Amazon's new fees were implemented, interest rates have skyrocketed, and FBA Aggregators are few and far between.

I invited Dave over today to discuss how Amazon may or may not have had a hand in directly affecting the valuations of e-commerce businesses, and why the market hasn't recovered from 2 years ago. Here are some of the big takeaways from this episode:

The Big Takeaways

E-commerce valuations have decreased mainly due to the uncertainty caused by Amazon's fees and policies. Who knows when Amazon will come out with more fees that'll impact profitability?
Google's latest algorithm update has hit a LOT of content websites, leading to decreased traffic for everyone involved which directly impact its valuations.
If your e-commerce business is sold at a 2x multiple, it might not be enough for you to retire. Wouldn't it be better to hold onto your business instead?

Timestamps

00:00 - Introduction and Sponsor
02:56 - Mike's Run at the World Series of Poker
08:13 - E-commerce Valuations
20:07 - Valuations for FBA Businesses
21:06 - Valuations for Off-Amazon Brands
22:01 - Uncertainty in Content Site Valuations
28:14 - Decision to Hold onto a Profitable Business
31:08 - Dave's Funny Story
34:21 - eBay's Attempt to Change

As always, if you have any questions or anything that you need help with, reach out to us at support@ecomcrew.com if you're interested.

Don’t forget to leave us a review on iTunes if you enjoy our content. If you have any questions, send us an email at support@ecomcrew.com. We'd love to help you in any way we can.

Thanks for listening!

Until next time, happy selling!

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