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- $1M Ecom Exits, TikTok's 'Heating' button, Soundboxes and more
$1M Ecom Exits, TikTok's 'Heating' button, Soundboxes and more
💲30 second ecommerce update
No Time For Dat
January 25, 2023
Brought to you by: Chase Diamond - The $100M Ecommerce Email Marketer. Check out his course!
Ecommerce News, Tips and Trends
5 Best Chrome Extensions for AI + ChatGPT Email Replies read
How to Build an Ecommerce Business with the Intention of a Sale Exit read
The 11 Most Important Social Media Trends for 2023 read
Forbes: TikTok’s Secret ‘Heating’ Button Can Make Anyone Go Viral read
LinkedIn has FINALLY put all crap no one cares about in a separate celebrations feed source
Amazon customers receive their orders in 1.9 days on average, compared to 4.4 days at Walmart and Target read
Loop raises $50M for e-commerce platform turning online returns into exchanges read
Several major banks including Wells Fargo, Bank of America, JPMorgan Chase, and four others are planning to release a digital payment wallet to compete with Apple Pay, Google Pay, PayPal, and the host of other digital wallets on the market. read
Brands are observing that TikTok is leading to an increase in their offline sales, not just their online sales. Prebiotic soda brand Poppi, which is sold at Walmart, Target, and Publix, estimates that 15% of its brick-and-mortar sales come from TikTok. read
Wallapop, the circular marketplace out of Spain, raised $87M more at a $832M valuation led by Korea’s Naver read
Soundboxes — hardware used by merchants that emits sounds every time a mobile payment is made — have taken off in India, where point of sale activity can get busy and voice alerts from the soundbox help alert multitasking shopkeepers and assistants to a transaction going through. Now, to keep pushing ahead to build out its own payments business in the world’s second-largest internet market, Google is getting in on the act. read
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Lot’s of discussion on SMBTwit the last couple of days on if buying and operating a business is easy and if buying a <$1 million SDE business is worth it or not.
As someone ~18 months into actually buying and operating a sub-$1 million SDE biz my take 👇:
— Joe Moran (@JoeCMoran)
Jan 18, 2023
I built an eCommerce business to over $2,000,000 in annual revenue.
I had no employees and never quit my day job.
Then in early 2022 I sold it for 5.2x profits.
My story and why I got out when I did. 👇🏻
🧵 THREAD 🧵
— Danny V (@itsDanny_V)
Jan 23, 2023
I just sold my company for life changing $$$.
13 years later, I'm an overnight success.
Here are 13 lessons from the journey, by year:
— Jesse Pujji (@jspujji)
Jan 24, 2023
Tool of the day
Laugh
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