Cyndi Thomason and her team have seen hundreds of sets of e-commerce businesses. She shares what she has seen makes a difference in making an unprofitable business profitable.
Links Mentioned:
Cyndi Thomason - Bookskeep.com
Robyn Johnson - Marketplaceblueprint.com
Skip To:
00:55 The root causes of poor profitability for e-commerce.
03:10 Why do business owners avoid knowing their numbers?
06:21 Why the myth, “sales solve everything,” is so dangerous.
07:18 How attachment to your products could be costing you more than you think.
10:22 How can you reduce your operating expenses?
12:34 What is a "good" gross margin?
17:39 How can you increase your gross margin?
20:54 When do you need to fix before starting Profit First?
28:20 Five Minute Fix: Protecting access to your Amazon account
Information
- Show
- FrequencyUpdated Weekly
- PublishedMarch 21, 2022 at 1:00 PM UTC
- Length30 min
- Season1
- Episode2
- RatingClean