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Estonian Super Star Amazon Seller Egle Radeek - Back From The Brink

Estonian Super Star Amazon Seller Egle Radeek - Back From The Brink

FromSeller Sessions Amazon FBA and Private Label


Estonian Super Star Amazon Seller Egle Radeek - Back From The Brink

FromSeller Sessions Amazon FBA and Private Label

ratings:
Length:
33 minutes
Released:
Jun 8, 2023
Format:
Podcast episode

Description

Estonian Super Star Amazon Seller Egle Radeek - Back From The Brink   Welcome back to the podcast! In today's episode, we have a special guest, Egle, who will be sharing her story of an exit just before the bubble burst in 2022. Egle has been a frequent guest on our show and has also appeared on other platforms. While her journey may not have followed the traditional success story, it's important to shed light on the challenges entrepreneurs face. So, let's dive into the compelling parts of Egle's story and explore the lessons we can learn.   Key Points:   The prelude to the exit: Egle was approached to start selling her business in December 2021, and everything seemed promising. However, their main seller faced issues due to a catalogue error in the Amazon system, leading to a significant loss in revenue. Despite working with aggregators and consultants, they struggled to overcome the obstacles. The impact of COVID-19: Just as they managed to resolve the listing issue, the COVID-19 pandemic struck. Since their business focused on office supplies, their customer base suffered as people transitioned to remote work. This further added to their challenges, making survival seem like a daily struggle. The decision to continue or shut down: Faced with mounting debts and the need to invest in new ventures, Egle and her business partner had to make a difficult choice. They consulted with experts and realised that although their business had flatlined, it still had potential for growth post-pandemic. They decided to persevere and wait for better times.   Final Summary:   Egle's story highlights the harsh realities entrepreneurs can face, even in favourable circumstances. Despite setbacks, Egle and her team chose to weather the storm and find opportunities within the adversity. By stabilising their business, optimising their strategies, and leveraging the understanding of aggregators, they held on, believing that their industry would eventually recover. This tale reminds us that entrepreneurship is a rollercoaster journey, and success often requires resilience and the ability to adapt to unexpected challenges.   Are you a 7 figure brand selling on Amazon?   Want to work with an Agency that knows both PPC and the A9 algorithm?   Click here to request a free PPC Audit https://www.databrill.com/
Released:
Jun 8, 2023
Format:
Podcast episode

Titles in the series (100)

Seller Sessions is the largest Amazon FBA and Private Label podcast for Advanced Amazon Sellers. It is the first of its kind, in terms of being raw, non nonsense and straight to the point. A lot of Amazon podcasts that came after has followed by example... Seller Sessions is published 4 times per week and often breaks new trends first in the industry. Host Danny McMillan, is a world renowned public speaker and veteran Amazon Seller, Danny is also the co-founder of DATAbrill. DATAbrill manages Amazon PPC and advertising automation for 6, 7 & 8 figure Amazon brands. Danny also works with Amazon in the UK to provide webinar content for their 3rd party sellers. Each year he hosts Seller Sessions Live the annual conference for Amazon Sellers in the UK, bringing the worlds best speakers on the cutting edge of marketing on and off Amazon. He is also the founder of SellerPoll, the official annual awards for Amazon Sellers and Brands.