Founder of FE International
Thomas Smale co-founded
FE International in 2010, growing the business with zero funds from scratch to a seven-figure-a-year business. Specializing in advising and brokering the sale of established websites and online businesses, FE International has completed over 400 transactions. Smale has been interviewed on podcasts, blogs and also spoken at a number of industry events on online businesses, exit strategy and selling businesses.
Make More Happen
Your brand reflects your identity as a company. What are you doing to make yours stand out?
If Richard Branson is going to speak at the National Retail Federation's BIG Show Convention, shouldn't you be there, too?
Make More Happen
Not paying close attention to the new policy updates could mean getting banned or even fined by Amazon.
Selling a Business
For instance, have you ascertained the exact reason you're selling? Money may be the least of it.
You're likely already using Facebook to market your business, so its new features should help you sell more on the world's most popular social networking site.
Your customers are leaving. But why? Why not find out?
You'll need a lot of financial resources, plenty of products to sell -- and a website.
Business owners would be wise to develop a backup plan in order to adapt to any future changes Amazon makes.
As good as affiliate marketing sounds, be aware of the risks involved in running and building an affiliate business.
Cross-selling. Eliminating abandoned carts. Spending on social media: Don't be satisfied with what you've got when you could have so much more.
Track and understand your customer's behavior. That's what's key.
Interested? It is possible to build a five-, six- or even seven-figure business by leveraging the FBA model.
If you measure the cost of acquisition against customer lifetime value, you'll discover that the revenue earned per customer is less than you'd expected.
Amazon's hub for all things automotive may be just the business opportunity you're looking for.
Warning: Product concentration can put you at risk. A competitor can easily swoop in and take business away from you.
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© 2016 Entrepreneur Media, Inc.