I run an e-commerce marketing agency and we're now using our team to buy small stores, scale them up, and then sell them for much more in 6-12 months. Having an agency is great but it gets tiring managing people and relationships. When you get over a team of 10-15 it gets complicated. I'm happy with staying under $100k MRR but then using my teams knowledge, experience and all the great stuff we're learning by being in the backend of dozens of high-performing stores to build our own stores. I have access to a world-class e-commerce marketing team at cost price. We're going to use these e-commerce store projects as case studies as well as massive capital growth for the business. It's one way to go about it and keeps me very excited about all the stuff we're doing.
What Envision said is right. Having Ecommerce knowledge is a must if you're buying. You need to know how to vet all the data and what to look for. For us, we saw a massive opportunity in their google ads campaigns. It was a mismanaged account that had insane potential with a few easy tweaks.
What Envision said is right. Having Ecommerce knowledge is a must if you're buying. You need to know how to vet all the data and what to look for. For us, we saw a massive opportunity in their google ads campaigns. It was a mismanaged account that had insane potential with a few easy tweaks.
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