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

The Ecomcrew Ecommerce Podcast

Innhold levert av Mike Jackness, Dave Bryant | eCommerce, and Amazon FBA Experts. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Mike Jackness, Dave Bryant | eCommerce, and Amazon FBA Experts eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

3M 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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