Adambrooks06 Dec, 2022Business
Your sales are growing on Amazon, and your brand is doing well, but that doesn?t mean your business is profitable. Don?t get us wrong. Revenue is a vanity metric, so even if you grow month-over-month, it doesn?t necessarily mean you?re turning profitable. The reality is that most e-commerce businesses still struggle with profit margins despite high revenue. We don?t want to sugarcoat, but e-commerce profit margins are not going to increase after the new normal. Moreover, as an Amazon seller, competing against Chinese sellers can be a downhill battle. This is why many businesses on Amazon make 7- or 8-figure revenue but have little profits. #amazonprofitmargin,#amazonprofit
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