eCommerce Badassery

231. Investing & Managing Margins in Your eCommerce Business


Listen Later

When was the last time you really dug into your profit and loss statement?

 

I've been having A LOT of conversations about finance lately and it's got me worried about your profitability. 

 

CFOs are giving bad advice, programs you're investing in don't make sense for the stage of business you're at, agencies are ripping you off, and you're not putting nearly enough money in your pocket. 

 

Today we're diving into what you should think about and consider before investing in or out of something in your business, we're talking about the different types of programs that are typically available and who they're best for,  plus we're talking about what numbers you should be shooting for on your P&L. 

 

_______

Links Mentioned

The Lounge Marketing Membership

https://bit.ly/3TqGNHy

 

eCommerce Margin Statistics

https://www.shopify.com/blog/profit-margin

 

 

_______

 

Episodes Mentioned

229. Becoming an Inventory (and Finance) Genius with Ciara Stockeland

https://ecommercebadassery.com/profit-first-for-product-based-businesses/

 

228. How to Prep Your Business for Sale & Get Top Dollar with Christine McDannell of the Magnolia Firm

https://ecommercebadassery.com/how-to-sell-your-ecommerce-business/

 

_______

 

Full Episode Show Notes

http://ecommercebadassery.com/231

 

_______

 

Let's Connect

Website: http://ecommercebadassery.com

Instagram: http://instagram.com/ecommercebadassery

Membership: http://ecommercebadassery.com/membership

 

_______

 

Rate, Review, & Subscribe

Like what you heard? I’d be forever grateful if you’d rate, review and subscribe to the show! Not only does it help your fellow eCommerce entrepreneurs find the eCommerce Badassery podcast; but it’s also valuable feedback for me to continue bringing you the content you want to hear. 

 

Review Here: https://podcasts.apple.com/us/podcast/ecommerce-badassery/id1507457683

 

 

This podcast uses the following third-party services for analysis: 

Chartable - https://chartable.com/privacy

 

 

...more
View all episodesView all episodes
Download on the App Store

eCommerce BadasseryBy Jessica Totillo Coster

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

66 ratings


More shows like eCommerce Badassery

View all
The Amy Porterfield Show by Amy Porterfield

The Amy Porterfield Show

4,569 Listeners

The School of Greatness by Lewis Howes

The School of Greatness

21,278 Listeners

Shopify Masters by Shopify

Shopify Masters

375 Listeners

Build Your Tribe | Grow Your Business with Social Media by Brock Johnson

Build Your Tribe | Grow Your Business with Social Media

2,614 Listeners

Perpetual Traffic by Tier 11

Perpetual Traffic

748 Listeners

Well-Oiled Operations with Stacy Tuschl by Stacy Tuschl

Well-Oiled Operations with Stacy Tuschl

518 Listeners

Simple Pin Podcast: Simple ways to boost your business using Pinterest by Kate Ahl

Simple Pin Podcast: Simple ways to boost your business using Pinterest

453 Listeners

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business by Jenna Kutcher

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business

12,058 Listeners

Proof to Product by Katie Hunt

Proof to Product

274 Listeners

The Product Boss: Business Coaching for Product-Based Female Entrepreneurs by Jacqueline Snyder

The Product Boss: Business Coaching for Product-Based Female Entrepreneurs

875 Listeners

Boutique Chat by The Boutique Hub with Ashley Alderson

Boutique Chat

849 Listeners

I Have ADHD Podcast by Kristen Carder

I Have ADHD Podcast

2,833 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,424 Listeners

The Professional Creative by Bonnie Christine

The Professional Creative

429 Listeners

Good Content with Shannon McKinstrie by Shannon McKinstrie

Good Content with Shannon McKinstrie

116 Listeners