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Profit Margins

How Perceived Value Keeps Your Ecom Store Profit Margin Healthy!

Reading Time: 8 minutes Imagine this: you run a survey and find that most of your customers say that your products are too expensive, but they would have purchased if you had reduced the price or offered a discount. This is a common response when doing customer research.  There are two ways to address this problem: You can reduce …

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This Is The Right Way To Boost Average Order Value

Reading Time: 4 minutes Video Highlights 0:03 A Little Story 0:28 Quick Order From Uline 0:40 As I Go To Check Out 1:00 Did I Need Those Boxes 1:15 What Did They Do Right There 1:45 Same Thing We Do When We Offer Free Shipping. 2:28 For A $15 Dollar Incentivized product 2:39 Average Cart Value Is Where You …

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Ecommerce Business – What You May Not Know About Your Profit Margins

Reading Time: 3 minutes Video Highlights 0:07 MarketingSherpa article 0:17 The different between low 6 figure range businesses and 7 figure businesses 1:02 Profit Margins are why they are stuck in 6 figures 1:08 Gross Margins and what you don’t understand 1:19 Defining gross Margins 2:35 Why it’s difficult for businesses to have money left over. 3:48 Examples of …

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