Do you know somebody who fits this profile:
• Owns a profitable internet business doing $500k-$10MM in annual profit
• Wants to sell and have the freedom to leave, in a quick 30 day process
We are paying $25,000+ referral fees.
All you have to do is intro us
-
Yeah, I think we're both referring to PL FBA here. And it's a spiral downward lately. I'd want to sell if I were an owner, but I wouldn't want to buy if I were
@awilkinson. I'm winding down my own PL FBA business (low 6 figures, nothing huge) this year due to profit pressures.
There may be some diamonds in the rough, but in general, yes, I agree that FBA businesses are not good investments. I'd add that they have weak returns from "roll-ups". The US needs legislation to curb the China problem on US e-commerce marketplaces.https://twitter.com/Molson_Hart/status/1221997408864915462 …
-
-
Amazon FBA = picking up pennies in front of the steam roller
-
1. True for wholesale FBA 2. Not true for branded e-commerce, though I admit that the situation is extremely tough these days, being squeezed by unfair competition on one side and super-powerful Amazon on the other.
End of conversation
New conversation -
-
-
Interesting. Not sure what can be reasonably done regulation-wise, but it's sure true that it's a one-way street. Try doing anything inside business-wise inside the GFW, or even worse, getting an ICP license, as an outsider.
-
I have. It’s not fair.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.