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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Andrew Wilkinson‏Verified account @awilkinson Jan 30
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      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 😊💕😊

      75 replies 113 retweets 828 likes
    2. Molson Hart‏ @Molson_Hart Jan 30
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      Replying to @awilkinson @Keith_Wasserman

      Amazon businesses or Shopify? I'm in a facebook group with about 350 companies who are all verifeid to be in that range.

      4 replies 0 retweets 5 likes
    3. Dan Nunn‏ @danyay Jan 30
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      Replying to @Molson_Hart @awilkinson @Keith_Wasserman

      highly doubt their verification is of their profit in that range. It takes a shit ton of revenue to even be at the bottom of his profit range in an FBA business. At least $10MM/yr

      2 replies 0 retweets 4 likes
    4. Molson Hart‏ @Molson_Hart Jan 30
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      Replying to @danyay @awilkinson @Keith_Wasserman

      It's not of profit. You're right. Sales are verified. Doesn't matter though, I know what average profit margins are and roughly what peoples' sales are. Depends on the FBA business. Wholesale is lower margin than own-brand. The cos I know are own-brand.

      1 reply 0 retweets 0 likes
    5. Dan Nunn‏ @danyay Jan 30
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      Replying to @Molson_Hart @awilkinson @Keith_Wasserman

      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.

      1 reply 0 retweets 6 likes
    6. Molson Hart‏ @Molson_Hart Jan 30
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      Replying to @danyay @awilkinson @Keith_Wasserman

      Molson Hart Retweeted Molson Hart

      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 …

      Molson Hart added,

      Molson Hart @Molson_Hart
      The American e-commerce economy is broken. I wrote this article to fix it. https://medium.com/@molson_hart/unaccountable-chinese-retailers-threaten-american-consumer-safety-and-business-outdated-laws-are-c75ee4e7d90b …
      Show this thread
      2 replies 0 retweets 2 likes
    7. Andrew Wilkinson‏Verified account @awilkinson Jan 30
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      Replying to @Molson_Hart @danyay @Keith_Wasserman

      Amazon FBA = picking up pennies in front of the steam roller

      1 reply 1 retweet 14 likes
      Molson Hart‏ @Molson_Hart Jan 30
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      Replying to @awilkinson @danyay @Keith_Wasserman

      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.

      3:14 PM - 30 Jan 2020
      • 1 Like
      • Tom Hayes 💻=💵
      0 replies 0 retweets 1 like

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