Top 2024 resources on profit
Best profit resource in 2024.
Learn more about profit to improve your e-commerce strategy.
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10 Marketplaces to Buy and Sell Ecommerce Sites
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Here is a list of marketplaces to buy and sell online businesses. There are established and specialty brokers to oversee the entire process, vetting the parties, determining market value, and ensuring secure transactions. There are also free and low-cost boards for buyers and sellers to find each other.
Topics: domain, profit, platform, marketplaces, buy, sellers, sale, sites, price, sell, contact, ecommerce, business, businesses. -
10 Numbers Every Ecommerce Business Must Track
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Most ecommerce storeowners are good at growing sales and streamlining operations. However, when it comes to improving how much cash the business generates they hope and pray that it all ...
Topics: numbers, sales, profit, number, yearactual, month, source, business, current, prior, marketing, ecommerce, track. -
4 Steps to Ecommerce Profitability
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Too many ecommerce sellers rely on credit card debt or other loans to pay for their inventory and operating expenses. Many are not paying themselves consistently, waiting until tax time to determine if they can take a paycheck. The traditional business equation of Sales – Expenses = Profit is destined to leave little left over
Topics: pay, profit, expenses, profitability, inventory, cash, ecommerce, steps, account, accounts, operating, sellers. -
6 Crucial Ecommerce Key Performance Indicators (KPIs) to Track
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Knowledge is power. But many ecommerce businesses aren’t utilizing the knowledge from their data that they could be. As Avinash Kaushik, digital marketing evangelist at Google and author of Web Analytics 2.0, says, “Most businesses are data rich, but information poor.” In other words, they can’t see the wood for […]
Topics: margin, average, business, crucial, kpis, key, indicators, conversion, ecommerce, sales, gross, customer, track, performance, rate, profit. -
7 Ways to Analyze Black Friday, Cyber Monday Sales
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Black Friday and Cyber Monday sales are complete. Marketers should scrutinize the results for insights on future promotions. There are multiple approaches. In this post, I'll review seven ways to analyze the results from Black Friday and Cyber Monday.
Topics: sales, black, overall, example, analyze, profit, cyber, future, online, promotions, ways, customers. -
A Model for Choosing Products to Sell
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Commodities typically have lower profit margins than manufactured goods or transformational products. For merchants, understanding the difference could determine success or failure.
Topics: manufactured, competition, product, model, profit, face, sell, gilmore, choosing, pine, products, relatively, goods. -
A Year-round Cash Strategy for Ecommerce Sellers
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Let’s be clear about why a cash strategy is important. The fourth quarter is when ecommerce merchants hope to have more cash than normal. In this post, I'll outline a five-step process to calculate your year-long cash needs, manage incoming cash, and reward yourself
Topics: profit, law, strategy, sellers, yearround, ecommerce, operating, account, expenses, month, youre, inventory, funds, cash. -
About You focuses on profit after new doubling of losses
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About You has plunged deeper into the red. The fiscal year ended with an operating loss of 137 million euros, more than twice the previous fiscal year’s loss, which had already nearly doubled. However, the company refers to these results as “solid performance”. It expects to break even in the…
Topics: focuses, profit, growth, revenue, yous, euros, operational, million, market, fiscal, previous, profitable, losses, doubling. -
After Magento 1, build something special
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Magento stopped supporting version 1 this month. Many ecommerce businesses running Magento 1 will be looking for alternatives. There is no shortage of recommendations and advice. Leading contenders include Shopify, WooCommerce, and Open Cart, among others. All have strengths and weaknesses.
Topics: professional, platform, special, important, money, magento, ecommerce, sites, profit, platforms, build, easy. -
Amazon beats optimistic profit expectations for Q1
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Amazon announced today that it has beat Wall Street’s already optimistic Q1 projections. The e-commerce giant’s revenues have slowed a bit, contributing to moderate fluctuations in after-hours trading, but the company greatly benefits by ever-increasing profit margins. Net income for the quarter hit $3.6 billion, a new record for the company. Much of those inflated […]
Topics: q1, profit, streets, services, leo, earnings, companys, beats, billion, optimistic, working, amazon, company, wall, techcrunch, expectations. -
Amazon’s profit more than doubles
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E-commerce giant tops analyst expectations.
Topics: doubles, quarter, income, retail, cent, share, sales, net, billion, amazons, profit, compared. -
Asos profits tumble as international sales growth slows
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Global fashion online retailer Asos has seen profits tumble 68 per cent in the year to August, despite a 13-per-cent increase in sales.
Topics: profit, rose, million, online, tumble, sales, uk, profits, growth, asos, slows, international, overseas, financial, cent. -
Case Study: Data Analysis Increases Profit for Manufacturer
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My firm is frequently engaged by companies to analyze data. In one example, a manufacturer asked us to analyze sales data for customers, products, and regions to determine where to focus its marketing efforts. In this post, I'll describe that engagement its end result
Topics: products, customers, stores, type, box, manufacturer, data, case, increases, example, sales, profit, analysis, skus, study. -
Cash Flow Management: Why Cash Flow Can Be Even More Important Than Profit
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Cash flow management is one of many reasons it's so hard to get a new business off the ground, and it becomes even more difficult when there's a crisis. If you're looking for one area to focus on that will have a dramatic impact on your business, this is it.More
Topics: management, revenue, important, flow, business, money, expenses, cash, youll, need, profit. -
Cloud services fuel 118 per cent surge in Amazon profit
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Amazon profit surged 118 per cent during the first quarter of this year, from US$1.6 billion to $3.56 billion.
Topics: million, profit, services, billion, cloud, income, surge, cent, amazon, sales, quarter, fuel, growth, lipsman. -
Designing a Profit Sharing Plan
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Today Mark Thomas of WildhornOutfitters.com joins the show to help shed some light on profit sharing. Who is eligible? How much do people get? Does profit sharing truly work to motivate people to work harder? While implementing profit sharing into his business, Mark has found the answers to these questions and more. Listen in as [...]
Topics: motivate, works, truly, profit, youderian, designing, work, wildhornoutfitterscom, thomas, sharing, plan, mark. -
Finding the Best CBD Payment Processors: Capitalize on the Profit Potential of Hemp-Derived Products (2019)
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If you’re looking for a way to sell your CBD products online, chances are you already know a lot about…
Topics: capitalize, finding, payment, products, processors, processing, highrisk, online, merchant, best, potential, processor, gateway, profit, cbd, customer, business, hempderived. -
Four Key Metrics For eCommerce Profitability
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All businesses start with a specific goal in mind. For most, it’s profit. Even at not-for-profit organizations – or when the main driver of a business is a personal goal, like being able to work in a more flexible way or spending more time with family – income is almost always required for sustainability. Entrepreneurship […]
Topics: profitability, key, woocommerce, profit, business, cash, strategy, metrics, cac, ecommerce, products, margin, gross, discount, revenue. -
Game impasse fails to dent Tencent profit
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Tencent profit rose 30 per cent in the third quarter, boosted by the spinoff of Meitu Dianping.
Topics: tencents, tencent, impasse, cent, quarter, share, gaming, services, rose, dent, revenue, profit, billion, fails, game. -
Gome Retail plunges into the red as restructuring continues
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Gome Retail has plunged US$64million into the red as its restructuring program takes its toll.
Topics: restructuring, offline, cent, online, continues, business, red, profit, include, retail, company, plunges, gome, group. -
Gome profit warning issued as restructure continues
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Another Gome profit warning has been issued as the company’s massive restructuring program continues.
Topics: service, million, quarter, gome, profit, warning, continues, cent, restructure, issued, solution, loss, grow, gmv. -
Google, Facebook and Amazon Are the Only Winners in Ecommerce
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Rising advertising costs means falling profits for the ecommerce advertisers.
Topics: amazon, costs, google, means, businesses, business, facebook, winners, profits, ecommerce, profit. -
Google’s Doubling Down on Ads: How to Create a Profitable Google Shopping Campaign (Updated for 2018)
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It’s an incredibly exciting time for ecommerce business owners. The world today is, for all intents and purposes, a digital…
Topics: shopping, feed, ads, create, profit, campaigns, google, campaign, search, product, ad, products, drive, set. -
Happiness, not Profit, Drives Grasshopper Founder
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Having sold Grasshopper, the virtual phone service, for $175 million in 2015, David Hauser assessed his priorities. Grasshopper was his third launch and exit, following ReturnPath (email services) and Chargify (subscription management).
Topics: companies, drives, profit, founder, things, sold, million, company, spent, grasshopper, ive, lot, happiness, im. -
How SEM Agencies Help Ecommerce Businesses
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Search engine marketing is an important sales driver for the ecommerce industry. But as an online business grows or faces new competitive challenges, it may need outside marketing expertise. What follows are several good reasons to consider an SEM agency.
Topics: help, advertising, profit, search, agencies, marketing, sales, ecommerce, business, ads, businesses, sem. -
How To Calculate A Break-Even Point – Analysis, Definition and Formula
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To make a business come into existence is often a venture that stirs some mixed reactions. There’s so much workflow to execute, more precisely if you're a newbie. On the ground, things are a little more hands-on. A break-even point…
Continue reading How To Calculate A Break-Even Point – Analysis, Definition and Formula
Topics: costs, profit, variable, contribution, calculate, margin, product, fixed, breakeven, business, formula, analysis, need, point, definition. -
How To Sell T-Shirts Online And Actually Make a Profit
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People love t-shirts. They can make your entire outfit pop, help you make a statement, or be a conversation starter.…
Topics: dont, online, store, profit, product, tshirt, sell, need, designs, tshirts, design, realistically, products. -
How to Choose Your First E-Commerce Product
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And do it without taking too big a risk.
Topics: way, sell, youre, market, choose, right, ecommerce, selling, profit, thats, product. -
How to Manage, Visualize KPIs for Ecommerce
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This post will offer a framework for identifying, tracking, and visualizing key performance indicators. It applies to all company sizes — big and small. Start by establishing the most important metrics for your business.
Topics: manage, revenue, kpis, size, marketing, number, profit, customers, divide, typically, ecommerce, visualize, products, total. -
How to Price Your Print-on-Demand Products in 6 Simple Steps
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Figuring out how to price your print on demand products can be complex. Choose a price that’s too high, and you risk scaring off potential customers. Pick a price that’s too low, and you could harm your profit margins, and…
Continue reading How to Price Your Print-on-Demand Products in 6 Simple Steps
Topics: need, pricing, demand, customers, costs, printondemand, youre, profit, products, market, price, steps, simple. -
How to Price Your Product: What You Need to Know About Pricing Before You Launch
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Pricing your products is one of the cornerstone decisions you’ll make as a business owner. It impacts almost every aspect of your business. Learn how to find the right price in this article.More
Topics: variable, know, need, profit, product, pricing, launch, price, products, business, costs, margin. -
How to Track Profit from Products, Customers
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Unit economics provides ecommerce and omnichannel retailers with foundational intelligence that can identify break-even points and long-term sustainability. As the name implies, unit economics focuses on the value a single "unit" represents for the business. This unit can either be a product or a customer. Each of these reveals different, actionable information.
Topics: cohort, profit, track, clv, product, customers, customer, value, unit, products, average, margin, purchase. -
How to Use the If Function in Google Sheets
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One of the most valuable functions in Google Sheets is the "IF" functions.
Topics: profit, google, return, function, true, denote, formula, value, sheets, store. -
How to profit from valuable peer referrals hiding in Slack
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Brands often act like the person who searches for their keys under the streetlight simply because that is where the light is better. However, when brand marketers focus only on engaging with...
Topics: hiding, previews, techcrunch, links, customers, read, referrals, web, slack, traffic, profit, microbrowsers, valuable, peer. -
Investors cheer as Coupang cuts net loss 29% in Q1
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South Korean e-commerce platform Coupang said its first-quarter net loss shrank by 29% from a year earlier. The company posted a net loss of $209.2 million in Q1 this year, in contrast to last year’s net losses of $295 million in Q1 and $404.9 million in Q4, respectively. Investors cheered the result, sending the value of Coupang’s […]
Topics: cheer, gross, kim, loss, company, q1, cuts, million, profit, net, coupang, investors, billion, improvement. -
JD exceeds revenues projections and posts a profit
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Chinese e-commerce giant JD exceeded revenue expectations in the June quarter, net sales up by 23 per cent to US$21.28 billion.
Topics: projections, posts, working, revenues, exceeds, yuan, wechat, million, jd, net, company, yearsignificantly, logistics, profit, customer. -
Massive Suning profit increase reported
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Chinese O2O retailer Suning has posted RMB172.97 billion (US$24.79 billion) in operating revenue in its third quarter performance report.
Topics: yearthe, increase, reported, million, day, company, result, billion, delivery, cent, profit, suning, massive. -
Meesho Announces Its First Monthly Profit And Plans For IPO
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Meesho Founder and CEO Vidit Aatrey said that a 43% surge in order volumes and 54% increase in revenue in the last 12 month contributed to the profitability of the company
Topics: meesho, plans, order, ipo, ecommerce, entrepreneur, profitability, month, revenue, profit, announces, monthly, vidit, aatrey. -
My Favorite Ecommerce KPIs
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Key performance indicators help a business stay on track. Contributor Chris Dobroth has managed ecommerce companies since 2006. Here is his list of essential KPIs.
Topics: rates, rate, open, ecommerce, sales, visitors, percentage, marketing, conversion, kpis, page, favorite, profit. -
Ocado mentions international ambitions in profit figures
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Ocado has returned to profitability on a group level. The British online supermarket and solutions provider reported a gross profit (EBITDA) of 16.6 million pounds for the first half of this year. According to CEO Tim Steiner, Ocado demonstrates ‘the potential for our international ambitions’.In the first six months of…
Topics: profit, ocado, pounds, mentions, million, figures, international, solutions, steiner, retail, online, profitability, ebitda, gross, ambitions. -
Pin Your Way to Profit With Pinterest
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With nearly 370 million monthly active users today, Pinterest holds massive potential for helping companies build their audience base and get them the online clicks and traffic they need to grow their business.
But as a store owner already juggling so many other aspects of your business and surely other social media platforms, how much time do you have to dedicate to learning about Pinterest and implementing a strategy for it?
That's what our guest on this episode of Start Yours will help you with.
Kate Ahl is a Pinterest expert and has been helping businesses grow their business using Pinterest. Together, we dive into everything from getting started with Pinterest and optimizing your Pin images to understanding how Pinners think and behave.
Whether you're new to Pinterest or need a refresher on your Pinterest strategy, you're going to want to tune into this one.
If you like what you hear, we hope you'll consider subscribing.
Short on time? Here's a five-point TL;DR summary:
Unlike Facebook and Instagram, which are more like social media platforms, Pinterest is more of a search and discovery engine, much like YouTube and Google.
Pinterest images are vertical and their optimal ratio is 2:3. Anything longer and the Pinterest algorithm may decide not to show it.
Text on Pin images should be short (four to five words), clickbaity but true, punchy, and show product benefits.
You’re not gonna get your images right on the first try. You’re gonna have to keep testing them.
With Pinterest SEO, think about the search terms Pinners will use to look for something that they'll potentially need in the future.
You don't have to post too many times a day. But at least have some of your products and content going on to Pinterest daily.
The percentage of females on Pinterest used to be as high as 80 percent. But as Pinterest expands internationally, the usage among men is slowly increasing.
Topics: pins, lot, pinterest, profit, pin, dont, yeah, really, images, gonna, youre, way. -
Predicting Profits from Black Friday Promotions
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The Black Friday weekend is near. Many merchants will lower prices, add promotions, and compete in one of the biggest retail days of the year. By analyzing prior year results, merchants can estimate current-year sales and profits and the impact of promotions.
Topics: x, promotions, profit, average, sales, promotion, predicting, lift, increase, profits, promotional, black, product. -
Profit First: How to Keep More of What You Make
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When it comes to finances, a lot of eCommerce store owners tend to struggle. So today, I’ve got Cyndi Thomason of Bookskeep.com on the show to shed light on how to make your business profitable using the Profit First methodology. Cyndi is an eCommerce accountant and bookkeeper specifically focused on this methodology, and she shares [...]
Topics: tend, cyndi, owners, using, thomason, store, business, methodology, youderian, ecommerce, profit. -
Purpose with Profit: Meet 9 Socially Responsible Founders Creating Change Through Business
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Beyond meeting customer needs or filling a market gap, socially responsible founders are creating movements through their businesses. Learn how nine socially responsible businesses and social enterprises are striving to create employment opportunities, reduce carbon emissions, share knowledge, and more. More
Topics: products, founders, meet, responsible, business, lauren, profit, communities, way, socially, creating, change, community, social, purpose, coffee, started, patrice. -
Shöpping.at is still in the red
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Shöpping.at, the online shopping platform launched by Austrian Post, receives a few hundred orders on a daily basis. The ecommerce platform was launched two years ago, but still hasn’t come out of the red numbers. In April 2017, Austrian Post started with its own online marketplace, called Shöpping.at. The idea… Continue reading
Topics: platform, post, online, retail, pölzl, austrian, shöppingat, marketplace, red, omnichannel, profit. -
Suning.com’s first-quarter online sales, profit soar
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Suning.com’s first-quarter online sales soared 40.87 per cent as the company’s smart-retail strategy continues to drive the rapid growth.
Topics: strategy, product, soar, market, cent, sales, sunings, suning, offline, stores, online, firstquarter, suningcoms, profit. -
The 2 Universal KPIs for Ecommerce Retailers
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A business's key performance indicators typically change over time with new opportunities and challenges. But Gross Revenue and Gross Profit are universal KPIs for all ecommerce retailers, all of the time.
Topics: revenue, retailers, checkout, gross, profit, kpis, rate, order, conversion, universal, typically, visitors, ecommerce. -
Unraveling ThredUp’s IPO filing: Slow growth, but a shifting business model
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What investors will be willing to pay for ThredUp is going to be very interesting. A bit like Oscar Health, it's a hard company to price.
Topics: companys, techcrunch, thredups, thredup, unraveling, slow, consignment, sales, gross, shifting, sells, profit, outbound, model, business, filing, growth, ipo. -
Use CAC and CLV to Monitor Ecommerce Growth, Profit
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Ecommerce owners and managers have so much data available and so many key performance indicators, it can be difficult to know where to focus. But businesses aimed at long-term, stable growth may do well to focus on two: customer lifetime value (CLV) and customer acquisition cost (CAC).
Topics: clv, ecommerce, profit, cac, company, past, customer, growth, ratio, value, companys, monitor, clvcac, average. -
Using Google Data Studio to Report Gross Profit by SKU
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In "Using Google Analytics to Track Profitability by Product," I explained how to import product cost into Google Analytics to calculate gross profit for each item sold. It was a tricky exercise. I received feedback and questions. In this post. I'll break the process down by using Google Data Studio and data blending.
Topics: data, product, analytics, sku, sheet, cogs, profit, google, using, studio, cost, revenue, report, gross, source. -
Walmart sales boom, but bottom line result underwhelms
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Walmart sales in the US rose at the strongest rate in more than a decade during the latest quarter.
Topics: profit, terms, billion, result, cent, underwhelms, business, walmart, quarter, sales, boom, strong, rose, line. -
When Selling Online, Make Decisions Based on Data, Not Your Emotions
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It's important to keep your emotions in check when making big decisions for your ecommerce store.
Topics: emotions, based, facebook, decisions, online, store, sell, ad, ecommerce, products, selling, profit, youre, product, data, spend. -
Why Pinduoduo is putting all its profit into agriculture
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For the past few years, Pinduoduo has been widely regarded as Alibaba’s strongest challenger. While Alibaba reported 863 million annual active consumers across its retail platforms in the 12 months ended September, Pinduoduo’s monthly active users exceeded 740 million in the quarter ended September. In its pursuit of new growth engines, Pinduoduo is taking a […]
Topics: pinduoduo, produce, agricultural, took, technology, putting, agriculture, company, techcrunch, profit, selling, farmers, ecommerce. -
Zalando: more profit, but lower trading volume
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Zalando reported an 87 percent surge in adjusted earnings before interest and tax (adjusted EBIT) in the second quarter. On the other hand, the value of the trading volume declined by two percent to 3,7 billion euros. Because of these results, the platform expects the adjusted EBIT in 2023 to…
Topics: revenue, second, billion, profit, zalando, gmv, lower, quarter, trading, volume, adjusted, ebit, euros, million. -
Zalora parent says sales are rising, but margin narrowing
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Zalora parent Global Fashion Group says Asia-Pacific sales growth averaged 40 per cent in the final quarter of last year.
Topics: parent, margin, business, cent, sales, profit, narrowing, promotional, interested, sure, zalora, growth, figures, rising.