DM Industry News 11th November: Dropshipping to hit $100B by 2026 - Domain Magnate

DM Industry News 11th November: Dropshipping to hit $100B by 2026


Domain Magnate Update

We’re offering a limited amount of private Business Buying consultations at a discounted rate this month. See more details here. This is intended primarily for first-time business buyers who are seeking advice on their first acquisition, or an expert opinion on a specific deal.

People often underestimate the complexity of operating an online business and the maintenance it requires. As we explain in our latest video guide, managing and growing your site with the help of a professional is critical for success. You are responsible for implementing many complex processes that, without experience, can greatly affect the performance of your online business, from traffic to revenue. Risk assessment, software updates, regularly updated content, monetisation sources, competition, and backlinks all play a role. Listen in for further tips and considerations. 

This week on The Domain Magnate Show, we are joined by Barcelona-based entrepreneur Andrew Swiler to discuss acquiring a $2.5M private SaaS company. In our conversation, Andrew talks about how he was able to fund the U.S company while living in Spain. We also explore a variety of other opportunities in the world of online business.

We’ve sold hundreds of businesses at Domain Magnate over the years. Newbie mistakes, difficult buyers and tough negotiations are nothing new to us – we’ve seen it all. Our experience has taught us many valuable lessons, which were often learned the hard way, so we know just how intricate and overwhelming this process is. In our recent blog post, we talk about the measures that you should follow to secure a smooth sale, effortless handover and a fair price. 

SELL YOUR SITE WITH DOMAIN MAGNATE

Recap: Own Your Future 2021

Own Your Future 2021 has wrapped up for another year. We heard from many extraordinary speakers, from pioneers in their fields, trailblazer entrepreneurs, innovators, and forerunners in the digital landscape.

For those who were unable to attend, or want a recap of the sessions delivered by the likes of Fred Schebesta, David Shapiro, and Richard Patey, you can access the recording right here

A Framework to Legal Due Diligence: 5 Tips

An acquisition becomes more challenging as you get nearer to its closing. As soon as the initial thrill of securing a buyer wanes, you’re left with an arduous and complex path to exit. Since due diligence can be a tedious and time-consuming process for many business owners, preparation – as always – is vital to your success. Considering all the risks involved, it is strongly recommended that you do not try to handle this process alone. 

Chris Roper outlines a comprehensive framework in his recent article for Microaquire of the steps you should take to get ready for this procedure. Irrespective of whether you decide to conduct due diligence on your own, preparing these areas beforehand will save you time and reduce the likelihood that a buyer will be startled.

eCommerce Site For Sale 

This week, we share with you a featured listing on Flippa. An entirely organic 12-year-old LED lighting website in the dropshipping niche, with no SEO or paid advertising, offering multiple areas for expansion.

 

 

 

Check out the listing on Flippa for more details. 

Dropshipping Market to Surge to $100B by 2026

ResearchAndMarkets.com forecast that global dropshipping market revenue was expected to reach USD 76.88 billion in 2021, growing at a CAGR of 6.93% until 2026, when it will reach USD 107.86 billion.

The “Dropshipping Market Research Report by Product Type, Organization Size, and Region – Global Forecast to 2026 – Cumulative Impact of COVID-19″ comprises the market sizing and forecast for five major currencies including USD, EUR, GBP, JPY, and AUD. 

The report is now available to purchase online for any vendors wishing to learn about the best or most appropriate way to execute merger and acquisition strategies.

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