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Elzie dives into the world of podcasting with Tonya McKenzie, the podcast host of My Morning Coffee and Leaders & Learners, and the mastermind behind the Empowered Podcast Network. Find out how Tonya strategically incorporated podcasts into her business, providing a platform for thought-provoking discussions and valuable insights. Discover the diverse shows featured on the network, from candid conversations with influential leaders to addressing sensitive topics in a safe space. Learn about the power of credibility in public relations and the impact of having your voice heard on a reputable platform. Tune in to uncover the secrets behind building credibility and elevating your brand through podcasting. Get a glimpse into the Empowered Podcast Network and how it's changing the game in thoughtful, engaging content. Episode Highlight:03:29 - My podcast network is really just another way of giving my clients and my business partners opportunities to find spaces where they are seen as credible. Every time we open our mouth and someone hears what we have to say, that elevates your brand. Everything you say these days, or type, or tweet, they become a part of your brand. So, allowing for these spaces to be used to elevate people's brands, their message, their stories, I think it was very important. It's called the Empowered Podcast Network. You'll learn something new. You'll have the opportunity to have a discussion about some difficult stuff. And it just feels good sometimes to be able to get it off your chest and have thoughtful conversations about things that everybody ain't ready for. But if you're subscribing to the show, you clearly like what they're delivering, and you're trusting that podcast host to continue to deliver you quality content.Connect with ElzieLinkedInConnect with Tonya McKenzieLinkedInWebsiteFacebookXSand & ShoresMentioned in this episode:Podcast TownCheck out our services for your B2B brand! Grow With Podcast Town
Tier One Partners' Marian Hughes and Celina Fine discuss the art and science of trendspotting and how the firm leverages trends to boost brands.
In Folge 5 des wieCommerce? Podcasts sprechen Max und Kristina über mögliche Social Media Abo-Modelle von Meta und TikTok, die wackelige finanzielle Lage von Thrasio und anderen bekannten Amazon FBA Aggregatoren sowie die neusten (finanziellen) Entwicklungen im Hause About You. Im Hauptteil geht es heute dann um das Thema Schmuck im eCommerce. Ihr erfahrt wie sich die Branche im Online Handel entwickelt und entwickelt hat und welche Trends gerade in sind. Als Unterstützung haben wir uns Judith Endres eingeladen, Gründerin und Geschäftsführerin der Schmuck Marke Brandlinger. Sie gibt uns spannende Insights und teilt ihre Erfahrungen aus dem Online Schmuck Business mit uns und mit euch. In der LinkedIn Weisheit der Woche wird es zum Abschluss der Folge dann ganz spirituell. Inhalt 00:00 Folgenübersicht 00:46 Intro 00:59 Community Feedback 3:09 Kassensturz - Die News der letzten zwei Wochen 3:16 TikTok testet Abo-Modell 6:31 Meta's Abo-Pläne 9:27 X Zukunft ohne Werbung? 12:58 Conversion und Engagement Rates der großen Social Media Seiten 22:53 Finanzielle Schwierigkeiten bei Thrasio & co. 32:28 AboutYou Halbjahresergebnisse 2023 41:47 Mehrwert (Hauptthema): Schmuck eCommerce 48:18 Luxus- vs. Nicht-Luxus-Schmuck 49:18 Die größten Schmuck Brands 50:02 Online- vs. Offline-Umsatz im Schmuckmarkt 51:45 Große eCommerce Schmuck-Brands 52:58 Online-Verkaufsplattformen für Schmuck-Brands 54:16 Amazon als Channel für Luxusmarken? 58:23 Anteil D2C vs. Marktplätze 59:25 Trends im Schmuck eCommerce 1:04:14 Influencer (Gast): Judith Endres, Gründerin & Geschäftsführerin von Brandlinger 1:04:57 Brandlinger Background & Gründungsgeschichte 1:09:00 Wer ist die Zielgruppe von Brandlinger 1:11:19 Welche (Online-)Channel nutzt Brandlinger? 1:13:01 Wie ist die D2C vs. Marktplatzverteilung? 1:14:19 Welche Herausforderungen gibt es beim Online-Verkauf von Schmuck? 1:16:27 Wie sieht das B2B-Geschäft aus? 1:17:05 Ist langfristig ein Omni-Channel-Ansatz geplant? 1:18:23 Wie essenziell sind Messen für euren Erfolg? 1:20:14 Wie ist Brandlinger international aufgestellt? 1:23:17 Wie wichtig ist Social Commerce für Brandlinger? 1:24:55 Wie sieht Brandlinger's Marketing-Strategie aus 1:29:48 Was hält Judith von einer Adventskalender-Strategie für Brandlinger? 1:34:27 Abrechnung - LinkedIn Weisheit der Woche 1:39:07 Outro Viel Spaß! Shownotes & Quellen > Brandlinger Online Shop (https://www.brandlinger.com/) > Meta Plans to Charge $14 a Month for Ad-Free Instagram or Facebook – Wall Street Journal (Link) > TikTok Confirms It Is Testing an Ad-Free Subscription Tier – Variety (Link) > Anfang einer Übernahmewelle: SellerX schluckt wichtigen US-Rivalen – Gründerszene (Link) > Thrasio - Vom Amazon-Jäger zum Sanierungsfall: Absturz eines Milliarden-Start-ups – Wirtschaftswoche (Link) > Amazon Aggregator Thrasio Engages Restructuring Advisers – Wall Street Journal (Link) > Ryan Gnesin (Gründer & Ex-CEO von Elevate Brands) mit Kristina im Interview aus 2021 (Link) > Twitter's U.S. Ad Sales Plunge 59% as Woes Continue - New York Times (Link) > US ad revenue at Musk's X declined each month since takeover -data - Reuters (Link) Here's the Average Conversion Rate Benchmark For Major Advertising Platform [2023 Update] - BusinessDIT (Link) > [STUDY] Social Media Industry Benchmarks 2023 Reveal How TikTok's Engagement Rate Is Decreasing - Socialinsider (Link) > Report: Amazon Seller Thrasio Mulls Bankruptcy - PYMNTS (Link) > ABOUT YOU Holding SE: ABOUT YOU auf Kurs: Wachstum beschleunigt und Marge deutlich verbessert - About You (Link) > Market Insights Uhren & Schmuck - Statista (Link) Social Links > Instagram > LinkedIn > YouTube Logo Design: Naim Solis Intro & Jingles: Kurt Woischytzky Fotos: Stefan Grau Intro-Video: Tim Solle
The need for commercial marketing teams to understand and better be prepared for their future market conditions is ever more pressing with budgets tightening and competition growing. Those who are able to maximize AI and predictive modeling to shape their journeys and drive towards the answers needed can accelerate growth and ultimate market penetration.
Gain valuable insights on the evolving Amazon landscape in 2023 and discover effective strategies to enhance your sales. In this episode, Scott provides an update on the changing dynamics, giving you options to maximize your business's growth and success. Learn the latest on brand acquisitions, editorials, what's new with SmartScout, and the much-awaited, wholesale-focused Amazon Conference from AMZ United. 01:10 - Amazon aggregator SellerX acquired Elevate Brands 03:45 - Removal of On-Site Editorials 05:20 - Capture What's Trending Fast with Popping Topics 07:10 - AMZ United Related Posts: Amazon FBA, Where Are We Headed in 2023? The Future Is Bright! Episode 82: Two heads are better than one. How I run BuyBoxer with a little Help
Heute u.A. mit diesen Themen:Getyourguide erhält knapp 200 Millionen US-DollarErneute Kündigungswelle bei McMaklerFrauen-Bundesliga: Google wird NamenspartnerWieder Entlassungen bei CoachhubBiotech-Finanzierung stabilisiert sichWattpad überarbeitet Creator-ProgrammAlice App: Vitamin stellt Betrieb einApple: App-Entwickler verdienten 1,1 Billionen US-DollarAlibaba führt ChatGPT-Konkurrenten einSellerX übernimmt Elevate Brands
Sierra May (@itssierramay), is the founder of Sierra May Management and Sierra Snacks, she has always been drawn to the glitz and glamour of the entertainment industry. At a young age, Sierra pursued acting with enthusiasm, but she quickly learned that the industry was riddled with scams and unethical practices. This realization led her to choose a more stable and sustainable path, earning a degree in advertising and marketing.Though it faced initial failures and setbacks, the experience taught her the importance of persistence and resilience. Her journey not only showcased her entrepreneurial spirit but also instilled in her an appreciation for the significance of taking risks.Embracing her adventurous side, Sierra took a leap of faith and moved from Canada to Los Angeles with limited resources. This bold move allowed her to immerse herself in diverse cultures and reap the benefits of exploring new surroundings. Through her travels, Sierra discovered the power of networking and building relationships, which ultimately led to unexpected opportunities in the entertainment industry.What Travis and Sierra discussed:How Sierra developed an interest in the entertainment industry at a young age and initially pursued acting. However, she learned early on to be cautious of scams and unethical practices within the industry.Sierra's first healthy treat business, which allowed her to explore her interest in fitness and healthy eating and what she learned from this experience, including the importance of persisting through initial failures and setbacks. The importance of taking risks and traveling and the benefits of exploring different cultures. Sierra shares her experiences of moving to LA with limited resources.How building relationships and being persistent can lead to unexpected opportunities in the entertainment industry.Why Sierra thinks a good manager focuses on the long-term success of their clients, prioritizing their clients' brands and value while seeking diverse opportunities and being selective about deals that can impact the client's reputation or growth in the industry.Today, Sierra May's journey has come full circle, as she utilizes her expertise in advertising, marketing, and entrepreneurship to successfully manage the careers of entertainers. Her dedication to ethical practices, client success, and growth has made her a respected and sought-after manager in the entertainment industry. In this episode, she shares her inspiring story and latest ventures, this is an episode you can't miss!Follow Travis on:G
Amazon aggregators took the ecommerce world by storm during the height of the COVID-19 pandemic. But now, as these companies navigate economic volatility and shifts in the investor market, they're focusing on building viable business models with long-term potential.For this Retail Remix episode, we revisit a session from the 2022 Retail Innovation Conference & Expo, which features executives from three of the top Amazon aggregators: Acquco, Elevate Brands and Perch. In conversation with Nicole Silberstein, Ecommerce Editor for Retail TouchPoints, they discuss: Their unique approaches to identifying and growing Amazon brands using data; How they're navigating market volatility and the stabilization of COVID-19 online shopping behaviors; and Tips and recommendations for building an “acquisition ready” marketplace business.
The launch phase of a new product on Amazon is critical for building momentum for your brand! Matt Botha is an expert on Mergers and Acquisitions of Amazon businesses and the Associate Director of M&A at Elevate Brands. Matt discusses how to build your brand's presence both online and in person. In this episode, you'll hear about increasing your BSR using external traffic, using a mailing list for your Amazon brand, and measuring and raising your conversion rates. Takeaways: To build brand presence, some online brands use a physical approach and go to in-person events that they know their customers attend or view.If you are selling on Amazon, you can use your actual website to build out your mailing list which you can then leverage to drive external traffic to your Amazon listings. Your emailing list is a great way to stay in touch with your customers, build your relationship with them, and as you launch more products, increase the average order value. It's more important to have a highly engaged mailing list than a massive mailing list. You need to clean up your mailing list to maintain a high conversion rate by removing the unengaged people on the list. When people are shopping on Amazon, they know what they are looking for and are searching based on specific keywords. Because of this, you need to know what those keywords they are looking for are, especially during the launch of a product. Using paid ads on Amazon at the beginning of a product launch provides the initial momentum that will drive organic traffic to the listing. The more momentum built up at the beginning, the more sustainable the success.Companies that are acquiring Amazon brands are looking for sellers that have built good brands and, very importantly, have built great teams. Quote of the Show:“If you build a relationship with your customer, your sale doesn't end at the one product” - Matt BothaLinks:LinkedIn: https://www.linkedin.com/in/matthew-botha/ Email: matt@elevatebrands.comCompany website: https://www.elevatebrands.com/ Shout Outs:Alteryx - Data Science and AnalyticsWays to Tune In:Apple Podcast (Leave a Review)iHeart RadioPodchaser (Leave a Review)Amazon MusicAudibleSpotifyGoogle PodcastStitcherYouTubeAmazon Legends is sponsored by Argometrix, the authority on, and leading supplier of, competitive intelligence for online retail. To learn more, head over to https://argometrix.com/ Amazon Legends is produced by Ringmaster, on a mission to create connections through B2B podcasts. Learn more at https://ringmaster.com/
We'd like to welcome our very special
TJ Hyland of Elevate Brands joins the E-commerce with Coffee?! podcast to talk about the aggregator model and the nuances of how businesses are acquired in order to “Elevate” brands in many different ways. Some entrepreneurs simply want to exit brands and cash out in a responsible manner, and some want to continue their growth but are limited by capital among other things. Aggregators can be a solution. TJ joins Nate Svodoba on this episode and walks us through important details like what makes certain businesses attractive to the aggregator model, what entering the aggregator model looks like, and some interesting management points like how a strong Amazon presence pays off on other channels as well. What to listen for: TJ runs through the aggregator model, its history, and some important examples like Elevate. Entering the aggregator model can be nuanced. Many times entrepreneurs will cash out in order to move onto another project with newly acquired capital, but the best transitions for the business often happen before the founders are ready to part ways with their business. Especially given our modern blockchain setting, giving sellers the option to cashout in cryptocurrency is just another way of giving sellers the freedom to handle their payout however they wish, and makes diversification just that much easier. The aggregator model doesn't just look to acquire as many businesses as possible. There are certain indicators that make a business more attractive for acquisition, such as room for growth and a low amount of skews and variations. TJ dives into more details on this. The majority of online buyers are checking Amazon before they check anywhere else, and Amazon's shipping infrastructure has become the standard for customer expectations, so a strong presence on Amazon is both crucial and beneficial for your brand off the platform, as well. That being said, depending solely on Amazon can also be dangerous. Every brand is different, and every entrepreneur has different wants and needs, so there isn't a one-size-fits-all to cashing out. At the same time, this certainly isn't the business to be feeling around in the darkness for what feels right. Having somebody on your side that knows what direction to take can be what makes or breaks your business or exit.
eCommerce UnderCover was excited to have TJ Hyland, Director of Global Partnerships at Elevate Brands, join us on the show. With all of the news coverage about the investment into Amazon aggregators, we have started to reach out to these teams to dig deeper into the business models and the strategies they are employing. TJ was kind enough to oblige. Some of the topics we covered with TJ included: Elevate Brands was founded in 2017...so it is not copycatting like some of the newer participants in this space What did James, Jeremy, and Ryan know or see back in 2017 that the rest of the market was missing? How Elevate Brands grows the brands they acquire and the insights they have that the initial founders may not What is the technology angle and how is the M&A process automated? Business founders generally want to run their own businesses...what incentives are in place to ensure that the founders of the brands that are purchased stay around to operate them or is this not a concern? What actually happens after a brand is acquired...what is the process and what is the experience like for the brand seller? Was international always in the business plan or is this a new strategy? As new competitors keep coming into the rollup market, will the prices of brands that everybody wants to buy just get too high? Is the arbitrage disappearing? What can we expect from Elevate as the market matures?
On the top table today... John Hefter Thrasio is the fastest growing acquirer of Amazon FBA businesses. They are becoming one of the largest and most profitable consumer product companies in the Amazon ecosystem. They are backed by a group of serious investors and as such can pay cash for all acquisitions and will support you throughout the entire process, if you are not a match Thrasio they either offer you advice regarding the current market and provide you with a clearer understanding or alternatively introduce you to one of their broker partners. Olivia Jones Olivia is a Director in the Acquisitions team at Branded, and previously spent a decade at Goldman Sachs where she worked across M&A origination and execution, capital raising, and broader corporate strategy in the tech sector. At Branded, she is responsible for the end-to-end sourcing and integration of UK-based brands and brands in the Parent & Baby vertical. Rob Bell Rob is the Chief Growth Officer of Elevate Brands, a leading Amazon reseller and private label operator + acquirer. Rob has significant experience in international commodity trading, investment banking and principal investing. From Melbourne, Australia originally, he now calls Austin, TX home. Jeremy Bell Elevate Brands (recently rebranded from Recom Brands) buys, launches and operates consumer-leading Amazon brands and elevates them to their full potential. The Elevate difference is that we are Amazon experts. We started in 2016 as sellers, just like you, and understand the challenges and complexities in operating an Amazon FBA business at scale. We are now one of leading acquirers of Amazon FBA businesses, with a world class deal team who close transactions in less than 30 days in a hands-on, professional manner.
Margin Business Digital Entrepreneurs Podcast - Tips and Tricks for Entrepreneurs
TJ Hyland is an eCommerce industry specialist having worked with sellers and brands since 2014. He is the Director of Global Partnerships at Elevate Brands, a company which buys consumer-leading Amazon brands and elevates them to their full potential. In TJ's role he seeks to create long, meaningful relationships with service providers and sellers to support their brands that are looking to exit, partner or just learn more! Find out more about Elevate Brands and MarginBusiness: https://go-elevate.me/marginbusiness #amazon #aggregators #instagram #ecommerce
Our guests will discuss the results of a comprehensive survey conducted by Fortunet, among 42 active Amazon aggregators. The survey reveals the Aggregators' investment criteria, factors that increase the valuation of brands and other considerations related to their acquisition process, as well as about their plans moving forward. For the full survey: https://www.fortunet.net/fortunet-buyers-survey-2021 At the top table... Michal Oron, Co-Founder and CEO at Fortunet Yael Cabilly, Co-Founder of Fortunet Nate Jackson, VP of acquisitions, Perch Jim Mann, Head of EU acquisitions at Thrasio Rob Bell, Chief Growth Officer, Elevate Brands
One day you will no longer be operating your business, and it is best to make sure you are set up to exit on your own terms. Or at least get the best possible value. Most of my understanding of the buy/sell process has come from speaking to people who have bought and sold individual businesses and from brokers. In this episode, I speak with Jeremy Bell, the head of Mergers and Acquisition at Elevate Brands. His company purchases Amazon businesses as part of the “aggregator” model, and it was interesting to get his perspective on the buy/sell process. If you'd like to learn more about what potential buyers are looking for (especially those with deep pockets), you will definitely want to check out this episode. Connect with Jeremy Elevate Brands LinkedIn Connect with Kevin Facebook Group Instagram LinkedIn
The fourth and final installment of our series with Elevate Brands is talking all about supply chain! On this episode of Link Up Leaders, Francois and Lisa are sitting down with Amedio "Muzzi" Palmieri to discuss how Amazon Sellers can do their part to create a more sustainable supply chain. --
It's time for part 3 of our 4 part series with Elevate Brands! On this episode of Link Up Leaders, Lisa and Francois are sitting down with Jeremy Bell, Chief M&A Officer for Elevate Brands to discuss what Amazon and eCommerce Sellers can do to maximize the value of their business leading into an exit! --
We're back with the second installment of our four-part series with Elevate Brands! On this episode of Link Up Leaders, Francois and Lisa are speaking with Lo Martin, Chief Marketing Officer, to speak about how you can elevate your brand's marketing strategy. --
In this episode of Startup Hustle, Andrew Morgans and TJ Hyland, Director of Global Partnerships of Elevate Brands, talk about how to exit your Amazon FBA business. Find Startup Hustle Everywhere: https://linktr.ee/startuphustle This episode is sponsored by Chatdesk: https://www.chatdesk.com/shift Learn more about Elevate Brands: https://www.elevatebrands.com/ Learn more about Marknology: https://www.marknology.com/ See omnystudio.com/listener for privacy information.
Link Up Leaders has partnered with Elevate Brands to bring you all a four-part series discussing everything from building a brand and transitioning from online arbitrage to private label, to scaling your eCommerce supply chain and mergers, acquisitions, and exits. On this first episode in the series, Francois and Lisa are speaking with Elevate's Founder and CEO Ryan Gnesin who will be speaking about the recent elevation in value of Amazon businesses and why now is a great time to sell your brand! --
Welcome to the Sprint to Profit Podcast for Amazon Sellers. In this episode, we are going to be speaking with a good friend of ours in the realm of Amazon, TJ Hyland, who has a new role at a company called Elevate Brands. TJ is no stranger to the Amazon world, nor is he a stranger to our podcast. Today he’s talking about what Elevate Brands can do for sellers, what they’re looking for in terms of partnership, and his opinions on the best time to sell. Elevate Brands is a company that specializes in acquiring Amazon brands and running them to elevated heights all while paying the original owner a handsome buyout so that both parties walk away happy in the end, if the company is a good fit for purchase! Today TJ is talking with us about his new role and how Elevate Brands looks at Amazon businesses for acquisition! To get some FREE training on what it takes to have a successful business to fuel your lifestyle, head to www.goteamreal.com to download our FREE training today. Also head to www.goteamreal.com/income to download your free INCOME calculator. Talking Points: 00:23 - Hello and Welcome 01:29 - How TJ got into the Amazon space 04:00 - How Elevate Brands works with sellers 08:00 - The partnership between Elevate Brands and sellers 11:20 - Budgeting and inventory 13:00 - What types of businesses and entrepreneurs Elevate is looking for 22:02 - When is the best time to sell? 28:30 - What you should do during the selling process 34:00 - Most important piece of advice 38:33 - Reaching out to TJ and Elevate Brands 39:30 - Conclusion Resources/Links: Elevate Brands: https://www.elevatebrands.com/ TJ’s email: TJ@elevatebrands.com TJ’s LinkedIn: https://www.linkedin.com/in/tj-hyland-31b69940/ Money/Time Investment Tool: https://www.goteamreal.com/smartgoal Our Website: https://www.goteamreal.com/ Real Amazon Seller Facebook Group: https://www.facebook.com/groups/AmazonSellerRoundTable/ Quotes: “You need to decide what you want to get out of this.” - TJ Hyland “Every situation and every brand is unique.” - TJ Hyland “We’re pretty category agnostic; we’re pretty open.” - TJ Hyland “Having clean books and having books in general. From an evaluation standpoint, that’s incredibly key as well.” - TJ Hyland
Amazon has become a prime marketplace for aggregators looking to buy third party private label businesses. As a result, the average value of a third-party business on Amazon ballooned by around 80% between 2019 to 2020, leaping from $298,558 to $538,742. This week we speak with Robert Bell of Elevate Brands about how to prepare your business for a sale from the very start. We discuss how to structure your business from the ground, the fundamentals you need to know, and how to get your GOAT on (growth, operations, accounting, and trenches). --- Send in a voice message: https://anchor.fm/zonguru/message
We always hear aggregators raising huge sums of money, like todays guest Ryan Gnesin from Elevate Brands. Whom has just raised a 250m war chest to buy more Amazon businesses. But what does that actually mean, is it debt? is it equity? What are the commitments behind it to the investors and what are the benefits of going to a shop that has just raised a round.
Elevate Brands, a company that acquires and operates Amazon third-party business, has announced an additional fundraise of $250 million. The majority of the fund came from its existing investors and a global group of technology, fintech and e-commerce business leaders, the company said in a press release.Vaayu, an automated platform to help retailers cut down their carbon emissions, has raised $1.57 million in its pre-seed funding round led by CapitalT. A number of angel investors, including Atomico's Angel Program, Planet Positive LP, Saarbrücker 21, Expedite Ventures and NP-Hard Ventures- participated in the funding round, reports state.Microsoft has announced a definitive agreement to acquire RiskIQ, a security company providing digital threat management solutions for software vendors. The deal is aimed to help customers build a comprehensive view of the global threats, better understand vulnerable internet-facing assets, and build world-class threat intelligence.Gembah has raised $11M in a Series A funding round led by ATX Venture Partners. The total funding raised by the company now crosses $14M and it looks to use the proceeds from this funding towards expanding its engineering and marketing team, develop UX/UI.HelloFlow, a fintech business, has raised € 1.3 million (about USD 1.5 million) in a seed round from PreSeed Ventures and Seedcamp. The cash will be utilized to strengthen the platform's advanced capabilities and speed up product development. HelloFlow is a no-code platform that connects with local ID authentication providers to change client onboarding and identity verification in local markets and in banks.Tide, a fintech firm, has raised $100 million in a $650 million Series C investment. The round's leader was Apax Digital. Tide will use the extra funds to strengthen its business finance platform, expand internationally, and expand its market share. While Tide's user base has gradually increased since its inception, in 2020, the number of users in the United Kingdom more than doubled.Vara, a staff-management platform for Southeast Asian small and medium enterprises (SME), has announced the raise of $4.8 million in a seed round from Go Ventures, RTP Global, AlphaJWC, Sequoia Capital India's Surge, FEBE Ventures and Taurus Ventures, reports state.Robin AI has raised USD 2.42 million in a funding round led by Episode 1. The increased funds will be used to expand the firm's client base. Robin AI will receive $2 million from the Google Black Founders Fund in addition to the funding round. Robin AI's software solution combines machine learning and human intelligence to automate legal labor. Richard Robinson is a Black attorney-turned-entrepreneur who is passionate about promoting diversity in the workplace.
How do you know when to sell? For Jeremy, acquiring Josh's Amazon FBA store was an easy decision that took two months of due diligence. For Josh, understanding the potential growth of his business made his decision to sell to Elevate Brands worth it. If you ever wondered when to take that leap of faith to sell your business, this podcast segment of The Exit will answer some of those burning questions. -- The Exit - Presented By Flippa: A 30-minute podcast featuring expert entrepreneurs who have been there and done it. The Exit talks to operators who have bought and sold a business. You'll learn how they did it, why they did it, and get exposure to the world of exits, a world occupied by a small few, but accessible to many. To listen to the podcast or get daily listing updates
On this episode we chat with Ryan Gnesin from Elevate Brands about how you can exit your Amazon FBA business for a big payday! Ryan has 2 decades of experience in commodities trading, management, business development and startups. Prior to founding Elevate, he was Managing director of Glencore South East Asia's $500MM p.a. commodities trading desk. He founded Elevate Brands in 2017. Elevate Brands acquires Amazon 3rd party FBA businesses from successful entrepreneurs that are ready to pass the baton and allow them to grow their business into a category leader. Elevate is a friendly and highly collaborative company, with firm principles and a proud culture of professionalism and treating all stakeholders fairly. They are passionate about building new-age consumer product brands! Make sure to subscribe to the podcast so that you are notified of new episodes!
On this episode of The Opportunity Podcast, we will be speaking with Jeremy Bell, the Chief M&A officer for Elevate Brands. Elevate, a leading Amazon FBA acquirer, has grown to 22 brands in a short amount of time and has leaned on the Empire Flippers marketplace to acquire high-quality businesses. Jeremy joins us to share his experience navigating due diligence on high-stakes deals and shares how these lessons apply to all buyers. Jeremy shares how his past in the M&A space and pivoting away from brick & mortar towards digital acquisitions has lead to rapid development of the team and portfolio of Elevate Brands. Since FBA asset demand is intense, Jeremy clears up what buyers should look for in a potential acquisition and how to be clear on the value of a business early on in the process. He also shares his due diligence checklist, what a typical criteria list includes for a leading acquirer, and how sellers can exit plan so the entirety of their deal goes smoothly. Sit back, grab a coffee, and get ready for a in-depth peek at the due diligence process for multi-million dollar FBA deals.
Jeremy Bell is the Chief M&A officer on Elevate and is passionate about helping our sellers achieve lucrative exits for their Amazon FBA businesses. Today we talk about the eight checkpoints that any business owner who's considering selling should be asking themselves about their buyer. You'll Learn: Why we need to ask the right questions when selling your Amazon business How to be on the lookout for when doing your due diligence on your potential aggregator/buyer If your buyer has a clear defined due diligence process
Jeremy Bell is the Chief M&A officer on Elevate and is passionate about helping our sellers achieve lucrative exits for their Amazon FBA businesses. Today we talk about the eight checkpoints that any business owner who's considering selling should be asking themselves about their buyer. You'll Learn: Why we need to ask the right questions when selling your Amazon business How to be on the lookout for when doing your due diligence on your potential aggregator/buyer If your buyer has a clear defined due diligence process
This week we bring in the guys from Thrasio, Elevate Brands and Perc,h to chat about some of the comments from last week show we did with an Investment Banker. It is important to get all views out in the open and these guys have kindly stepped in between their busy schedules. Rob Bell is the Chief Growth Officer of Elevate Brands, a leading Amazon reseller and private label operator + acquirer. Rob has significant experience in international commodity trading, investment banking and principal investing. From Melbourne, Australia originally, he now calls Austin, TX home. Ken Kubec is Vice President Acquisitions at Thrasio, the consumer goods company reimagining omnichannel commerce and the largest acquirer of Amazon brands globally. At Thrasio, Ken and his team have spoken with and analyzed thousands of Amazon FBA businesses and negotiated deals for over 100 acquisitions over the past two years. Prior to this role, Ken ran a $15M/yr Amazon FBA business while consulting with an Amazon 3rd party software provider. Before entering the Amazon ecosystem, Ken spent thirteen years in investment management as a stock analyst and portfolio manager overseeing $500M+ of institutional assets at some of the top investment management firms globally including Fidelity, State Street and Manulife. Brandon Hendrix is a growth marketing executive with a talent for spotting commercial opportunities through the use of online innovations and data-driven decision making. He has held Senior Leadership Team roles in several industries including Technology, Entertainment, Advertising, and Direct to Consumer. His areas of expertise include Amazon, digital advertising, DTC, creative production, awareness generation, and discovering unique insights that will dramatically influence business growth. He is a proven marketing leader with continued success in high-growth startups managing and scaling today's hottest brands. Nathan Sieminski... Perch is a technology-driven commerce company that acquires and operates Amazon third party and other D2C brands at scale. It has acquired and currently operates over 70 brands and has raised over $900M from investors such as SoftBank and Spark Capital. Perch has a unique combination of Amazon, eCommerce, technology, and supply chain expertise, with its CEO previously having designed and built the Wayfair Delivery Network - taking large parcel deliveries from ~1 month down to 2 days. It is known for its fair and transparent diligence process which has contributed to 30%+ of its deals coming from referrals from happy sellers.
Jeremy Bell is the Chief M&A officer on Elevate and is passionate about helping our sellers achieve lucrative exits for their Amazon FBA businesses. You'll Learn: The classic mistakes that Amazon buyers do. About the earnout structure The earnout structure options available Which metric is best to evaluate business value Why sellers are getting more sophisticated /cynical
Jeremy Bell is the Chief M&A officer on Elevate and is passionate about helping our sellers achieve lucrative exits for their Amazon FBA businesses. You'll Learn: The classic mistakes that Amazon buyers do. About the earnout structure The earnout structure options available Which metric is best to evaluate business value Why sellers are getting more sophisticated /cynical
Today we are still with Lo Martin from Elevate Brands. It is basically an aggregator to put it in simple terms that they roll up Amazon businesses. A really important starting point we will talk about are some practical things which are small loops. What do we need to put into place to make sense of the overall customer journey and many more. You'll Learn: That brand architecture is what the customer sees How to map the journey first then start building from the end point How we build out a process to implement marketing build-out When to start hiring people to implement these tasks How to have clear expectations when you lead Hiring In house vs freelance workers
Today we are still with Lo Martin from Elevate Brands. It is basically an aggregator to put it in simple terms that they roll up Amazon businesses. A really important starting point we will talk about are some practical things which are small loops. What do we need to put into place to make sense of the overall customer journey and many more. You'll Learn: That brand architecture is what the customer sees How to map the journey first then start building from the end point How we build out a process to implement marketing build-out When to start hiring people to implement these tasks How to have clear expectations when you lead Hiring In house vs freelance workers
Lo Martin (CMO) is one of the proud culture champions of Elevate Brands, Amazon FBA rollup ie buys up Amazon leading brands. Today she talks about building an ecosystem around a type of human being, building a tribe around an idea and creating communities around shared beliefs. You'll Learn: How to build a tribe What branding even means Why the Brand/ tribe building matters How to figure out the smallest loop for success and nailing that The value of the off Amazon sites
Lo Martin (CMO) is one of the proud culture champions of Elevate Brands, Amazon FBA rollup ie buys up Amazon leading brands. Today she talks about building an ecosystem around a type of human being, building a tribe around an idea and creating communities around shared beliefs. You'll Learn: How to build a tribe What branding even means Why the Brand/ tribe building matters How to figure out the smallest loop for success and nailing that The value of the off Amazon sites
Dimitri Vorona is a serial entrepreneur with expertise in the world of e-commerce. He is currently the CEO of Prime Tech Partners, which works to ensure the success of start-ups through their life cycle of growth. Dimitri is also the Founder of Hoster, a company that provides web development and web hosting services to small and mid-size companies. Outside of his businesses, he also works as an advisor and speaker, sharing his experience with newer companies. In 2020, he sold his business, Pet Devices, to Elevate Brands. The Chief M&A Officer of Elevate Brands is Jeremy Bell, who helped secure the acquisition of Pet Devices. His company excels in buying Amazon brands and bringing them to their fullest potential. Before his time at Elevate Brands, Jeremy worked as the Commercial Director at Steller and the Manager of Corporate Development at Telstra Global. In this episode… While starting a business can be difficult, it can be even harder to sell it. Entrusting your hard work to a buyer can either grow the company in new ways or drive it into the ground. Some owners remain involved in their businesses, but the control is firmly in the hands of the buyers. Because of this, choosing the right buyer is crucial. For Dimitri Vorona, being a serial entrepreneur has given him experience with this process. He has sold multiple companies including his brand, Pet Devices. With 10 offers on the table, he ultimately went with Elevate Brands, orchestrated by their Chief M&A Officer Jeremy Bell. Want to know the process behind these e-commerce acquisitions? In this episode of Amazing Exits, Paul Miller is joined by Dimitri Vorona, Founder of Pet Devices, and Jeremy Bell, Chief M&A Officer of Elevate Brands, to discuss the purchase of Pet Devices. They go over what distinguishes Elevate Brands in the Amazon marketplace, how Dimitri used a broker, and the background of both their companies. Dimitri also explains why he went with Elevate Brands over a more lucrative offer. Tune in to discover the best ways to find a buyer and sell your business.
In this Prime Talk Podcast Video Sponsored by GETIDA – Ryan Gnesin - Founder & CEO of Elevate Brands - An Amazon Brand Acquirer/consolidator, shares his personal journey into eCommerce. Ryan Gnesin was born and raised in Johannesburg, South Africa until the age of 14 when his family relocated to Cydney, Australia. He started his career by working shortly for the insurance industry and moved on to work for the largest commodity trading company in the world - Glencore. This led Ryan to live and work in Zurich, Switzerland for a while and then relocating to Jakarta, Indonesia. He spent 8 years working for Glencore and got tremendous experience and understanding of how global trading moves the needle for the global economy. Next Ryan decided to reinvent himself and after a chance phone call with an influential figure, he decided to leave Glencore and open a new chapter by living in New York City. There he found the world of E-Commerce and his current partner James Stein. They both grew very quickly as Amazon sellers and raised tens of millions of dollars to identify and purchase successful private label brands on Amazon. Find out more about Elevate Brands: https://www.elevatebrands.io/ Find out more about GETIDA: https://getida.com/ Please subscribe to our channel and share your thoughts and comments below. Stay safe and healthy in the meantime! #ElevateBrands #AmazonExit #SellOnAmazon
On this episode, we are joined by the CEO of Elevate Brands, Ryan Gnesin, who just closed a $55 million funding deal to acquire and scale Amazon businesses.
Ryan Gnesin is the founder and CEO of Elevate Brands. He is a seasoned entrepreneur and very experienced Amazon operator. He has experience across all of the main Amazon sales channels including Retail Arbitrage, Wholesale Reselling and now Private Label. In this episode we talk about RA, wholesale and just about everything under the sun. Elevate Brands (recently rebranded from Recom Brands) buys, launches and operates consumer-leading Amazon brands and elevates them to their full potential. The Elevate difference is that they are Amazon experts. They started in 2016 as sellers, just like you, and understand the challenges and complexities in operating an Amazon FBA business at scale. Join our community! www.facebook.com/groups/lunchwithnorm/ Produced by Kelsey Farrar Theme Music by Hayden Farrar
In this episode, we have James Lucien Stein, co-founder and COO of Elevate Brands - a company that helps in acquiring, launching, and operating e-commerce brands with a focus on the Amazon platform. Topics covered: Values of the leadership team Hiring people with the same values as you Enjoying what you do even with the hard work Being discerning with who you do business with LET'S CONNECT: LinkedIn Instagram MultiplyMii Escala Successful Scales This podcast is also available on the Successful Scales YouTube channel.
Ryan Gnesin, CEO of Elevate Brands, Lo Martin CMO of Elevate Brands join Clement Wan and I as we discuss their recent series A capital raise - how they grow Amazon native brands, and building teams and company culture. This episode is brought to you by my Amazon marketing and advertising agency IncrementumDigital.com Email Liran@Incrementumdigital.com to find out how we can grow your brand's sales using the power of Amazon Advertising! Join the E-commerce Mindset Group https://www.facebook.com/groups/ecommercemindsetgroup/ on facebook to continue the conversation and follow Liran on social media: https://www.facebook.com/lhirschkorn https://www.instagram.com/liranhirschkorn/ https://www.linkedin.com/in/liranhirschkorn/ For inquiries on inventory financing for your Amazon/ecommerce business, or if you are looking to sell your Amazon business over $1mm in revenue, email Liran@IncrementumDigital.com Join the Amazon Sellers club on clubhouse! --- Send in a voice message: https://anchor.fm/liran-hirschkorn0/message
James Stein of Elevate Brands talks about lessons on how to operate an Amazon business at scale. James Stein will also talk about Amazon sourcing, Amazon logistics, Amazon inventory management / 3PL, bookkeeping, and Amazon defense. Also covered in the interview with James Stein: Should I operate my own warehouse or outsource it to a 3PL? What are the best methods of shipping products into Amazon FBA? What software do I need to have in place to scale my Amazon business? How do you know the amount of inventory you should keep in stock in Amazon FBA? AccrueMe will fund Sellers that are LLC and selling on Amazon FBA in the USA. What do I do when Amazon suspends an ASIN or my Account? What are the critical things to consider when sourcing a product? What can I do ahead of time before I sell my business to Elevate Brands? How to contact James Stein? About Elevate Brands - http://elevatebrands.io Elevate Brands (recently rebranded from Recom Brands) buys, launches, and operates consumer-leading Amazon brands and elevates them to their full potential. The Elevate difference is that we are Amazon experts. We started in 2016 as sellers, just like you, and understand the challenges and complexities in operating an Amazon FBA business at scale. We are now one of the leading acquirers of Amazon FBA businesses, with a world-class deal team who close transactions in less than 30 days in a hands-on, professional manner. Whether you're looking to sell, looking to partner, or just looking to tap into our unparalleled resources to successfully grow your business, the sky's the limit! About James Stein James is based in New York and is a seasoned entrepreneur and experienced Amazon FBA operator. He was instrumental in scaling the operations of Elevate Brands to +$25m in less than 3 years. He is a seller at heart and is an expert on all things related to strategic sourcing, Amazon logistics, warehousing / 3PL management, Amazon accounting, and Amazon defense. About AccrueMe - https://www.accrueme.com AccrueMe provides Amazon lending to help Amazon sellers grow quickly and increase profits. Our Amazon funding has no credit checks and no monthly payments. Our goal is to help Amazon Sellers earn more money. Growth is almost always the driving force behind added profits. If Growth and Additional Profits interest you, then keep reading. We want to help you grow larger and more profitable, and in return, we want to share in a small percentage of the profits, but only temporarily – only for as long as you want to use our capital to grow. In exchange for doubling your capital, we temporarily receive a small “piece” of a much bigger pie. And you don't even have to pay us every month. Pay us when it is best for you and your business.
Ryan Gnesin is the CEO of Elevate Brands (formerly Recom Brands), a firm that acquires, launches, and operates a portfolio of e-commerce brands centered around Amazon. Ryan has guided Elevate Brands through several smart acquisitions, leading the firm to the top 1% of Amazon sellers by size. Ryan has built up two decades of experience in commodities trading, management, business development, and startups. Before founding Elevate Brands, he was the Director of Commodities Training at Glencore's South East Asia branch. In this episode… Without a doubt, FBA businesses are experiencing a boom in acquisitions and investments. But, what exactly is generating this recent interest in FBA private label businesses, and what does it mean for the future of the Amazon marketplace? As the Founder and CEO of Elevate Brands, Ryan Gnesin has years of experience acquiring, launching, and operating Amazon businesses. According to Ryan, there are a number of contributing factors to the recent spike in FBA brand acquisitions, from updates on Amazon to the COVID-19 crisis. And, as he says, this spike is having a serious impact on the Amazon flywheel, causing an increase in sellers, customers, and aggregators. So, what is Ryan's advice to FBA private label brands looking to sell their businesses this year? In this episode of the Buy Box Experts podcast, James Thomson interviews Ryan Gnesin, the CEO of Elevate Brands (formerly Recom Brands), about the recent spike in acquisitions of FBA private label businesses. Ryan shares his criteria for finding businesses to invest in, his best practices for Amazon brands looking to sell, and his perspective on the future of the Amazon marketplace. Stay tuned.
On this episode we have Jeremy Bell from Elevate Brands. You can find them at elevatebrands.io. Tons of information about how to prepare your Amazon business to sell as well as what buyers are looking for. This is a must listen for all Amazon Sellers.
The Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing
My guest today is Ryan Gnesin ( https://twitter.com/ryangnesin ) , founder of Elevate Brands ( https://www.elevatebrands.io/ ). Elevate Brands buys consumer-leading Amazon FBA brands and elevate them to their full potential. This is a little bit of a different episode as the focus is creating and scaling brands on Amazon and how you can leverage Amazon across other channels. And there you have it, it was awesome having Ryan on Twitter at @ryangnesin Here's some questions I ask Ryan: * Looking at your resume, you were in life insurance and commodities trading. What was your attraction to ecommerce and Amazon? * What was the insight that led you founding at the time Recom Brands and what was the opportunity did you see? * Walk me through your due diligence process when analyzing Amazon brands? * What are typically the multiples and how do they change from brands who are omnichannel? * How do you go about building a brand on Amazon? * What's your approach to portfolio construction and category? * Why was $55 million the right amount for your fund (congrats on fundraising!)? * What's your ideal (realistic) return when you acquire a brand? * Do the brands you acquire typically also have their own DTC channel? * Once you acquire the brand, is your value add consolidating the supply chain / cutting costs or is it revenue growth? * Do you ever have your brands go omnichannel? * Do you ever get nervous about copy cats? Either from Amazon or competitors? * How do you analyze different Amazon markets and think about market expansion? * What's the best piece of advice that you've received? * What's one piece of advice for founders?