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Ep 484: How To Sell Your DTC Business For So Much Money, You Think You're Doing Something Illegal with Chris Shipferling, GW Partners

Ep 484: How To Sell Your DTC Business For So Much Money, You Think You're Doing Something Illegal with Chris Shipferling, GW Partners

FromSecrets To Scaling Your Ecommerce Brand


Ep 484: How To Sell Your DTC Business For So Much Money, You Think You're Doing Something Illegal with Chris Shipferling, GW Partners

FromSecrets To Scaling Your Ecommerce Brand

ratings:
Length:
31 minutes
Released:
Sep 19, 2023
Format:
Podcast episode

Description

Interpreting data and using scientific methods to guide your customer acquisition cost (CAC) and customer lifetime value (LTV) strategies. Numbers don't lie, guys! In this episode, Jordan West and Chris Shipferlink, GW Partners  dives into the importance of data analysis, acquisition channels, and unit economics. They also emphasizes the significance of having a strong brand promise and story, as well as intellectual property to assure buyers and increase the value of your business. Chris shares real-life examples and practical tips on finding the right team members, optimizing your supply chain, and building strategic relationships with suppliers. If you're looking to maximize the value of your business and understand your exit plan, this episode is a must-listen.Listen and learn in this episode!Key takeaways from this episode:Understanding different acquisition channels and their associated unit economics can help optimize marketing strategies.Building a strong brand promise and story influences product development and marketing efforts and adds value to the company.Having intellectual property, such as utility patents and design patents, can reassure buyers and protect future investments.Creating a clear product development roadmap can enhance the value of a company and make it more attractive for potential buyers.Having the right team in place, with talented employees willing to stay after an acquisition, mitigates risk and increases the valuation of a business.Negotiating and building relationships with suppliers, especially in different countries, is crucial for supply chain success.Today’s Guest:Chris Shipferling, CEO of GW partners, specializes in business consulting and investment banking services for the lower middle market. Their main focus is to assist business owners in optimizing all aspects of their company in preparation for an eventual exit. They work closely with owners to determine the right time to bring their business to market, ensuring that it becomes a valuable asset.Connect and learn more about Chris and GW Partners:Website: www.gw.partnersLinkedIn: https://www.linkedin.com/in/chrisshipferling/Email: chris@gw.partnersGet 5 Offers for 2 Products (10 in total) along with 10 highly engaging tried and true creatives, 30 captivating headlines, descriptions, and ad texts sent to you for only $99. Go to https://www.upgrowthcommerce.com/offer and order now - this offer is only available for a limited time.We love our podcast community and listeners so much that we have decided to offer a free eCommerce Growth Plan for your brand! To learn more and how we can help, click here: upgrowthcommerce.com/grow Join our community and connect with other eCommerce brand owners and marketers! https://www.facebook.com/groups/secretstoscalingpodcast
Released:
Sep 19, 2023
Format:
Podcast episode

Titles in the series (100)

Are you an entrepreneur or ecommerce store owner looking to scale your business? Then join ecommerce marketing experts Jordan West and Sean Lang as they reveal what’s working in online marketing today to scale your business. Twice a week they walk you through what’s working in paid ads and talk to successful ecommerce business owners that have scaled their businesses to 7 figures and beyond. Learn from gurus in paid traffic on Facebook ads, YouTube ads, Google Adwords (now Google Ads), Google Shopping, Bing Ads, Bing Shopping Ads, retargeting, Instagram Ads, LinkedIn ads, Google Analytics, landing pages and more. We talk about how to write good ad copy, create banner ads that sell, which creative works for which ad platform and more. We talk about everything that is working right now (and not working) to help you scale your business so you know exactly what your next year of online sales is going to look like. Once you nail paid advertising it is like a faucet that you can turn on and off at will. Let’s show you how to build the paid traffic faucet!