What Every Private Equity Firm is Looking For in Your eComm Business with James Thomson
James Thomson is the Managing Partner at Equity Value Advisors, where he supports private equity and branded product leaders with due diligence and strategy consulting to accelerate equity value through eCommerce. He is a Board Member and Investor in Mamenta, Davinci Micro Fulfillment, and MAVI.io. Before his current roles, James was the Chief Strategy Officer at Buy Box Experts, a company that offers premium Amazon services to medium-sized and large-sized brands around the world to optimize and grow their businesses. James continues to immerse himself in the world of Amazon issues. Before Buy Box, he served as the Business Head of Amazon Services — a division of Amazon responsible for recruiting 10s of 1000s of sellers annually to the marketplace. He also served as the First Account Manager for Fulfillment by Amazon (FBA). Before Amazon, James was a management consultant and banker. In this episode… Are you someone who has become a seven-figure seller and wondering how to reach that next level? Often when entrepreneurs reach a level of success, the challenge can be what is there to do next. So, what is the next step? Business leader and e-commerce expert James Thomson suggests these three actions. The first step would be to build a team of experts and delegate responsibilities. Next, start thinking about brand equity and discover ways for your customers to fall in love with your brand. Lastly, execute a three-year plan and stick with it. In this episode of the eComm Breakthrough Podcast, join host Josh Hadley as he welcomes the Managing Partner of Equity Value Advisors, James Thomson, to discuss exit strategies and making your business purchase-friendly to eligible buyers. James explains the benefits of diversifying into other e-commerce channels, shares advice with sellers who want to cross seven figures, and answers the question: should you drive traffic to your website or to Amazon? Resources mentioned in this episode: Josh Hadley on LinkedIn eComm Breakthrough Consulting eComm Breakthrough Podcast Email Josh: Josh@eCommBreakthrough.com Hadley Designs Hadley Designs on Amazon James Thomson on LinkedIn Equity Value Advisors Special Mention(s): Steven Pope on LinkedIn Kevin King Norm Farrar on LinkedIn Die With Zero: Getting All You Can From Your Money and Your Life by Bill Perkins VIZIT Logie Rick Cesari on LinkedIn Related Episode(s): “Four Critical Pillars for Amazon Listing Optimization” “Kevin King’s Wicked-Smart Tips for Building an Audience of Raving Fans” “Here’s All the Advice You Need to Boost Your Brand Equity With Norm Farrar”