Ecommerce Conversations

Merchant Cuts Revenue 60%, Profit Rises 25%


Listen Later

In 2023 Mathias Schrøder was stressed, burned out, and perplexed. He had scaled revenue on his Denmark-based clothing company, but bloated overhead meant little profit and even less free time.

"I felt lost, unable to fix our predicament," he said, "until I realized I was trying to solve the wrong problem."

His solution was to scale down. He fired employees, lowered warehouse costs, and eliminated stagnant inventory. The result was 60% less revenue and 25% more profit.

He shared his inspiring journey in this episode.

For an edited and condensed transcript with embedded audio, see: https://www.practicalecommerce.com/merchant-cuts-revenue-60-profit-rises-25

For all condensed transcripts with audio, see: https://www.practicalecommerce.com/tag/podcasts


******
The mission of Practical Ecommerce is to help online merchants improve their businesses. We do this with expert articles, podcasts, and webinars. We are an independent publishing company founded in 2005 and unaffiliated with any ecommerce platform or provider. https://www.practicalecommerce.com 

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

Ecommerce ConversationsBy Practical Ecommerce

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

22 ratings


More shows like Ecommerce Conversations

View all
The Tim Ferriss Show by Tim Ferriss: Bestselling Author, Human Guinea Pig

The Tim Ferriss Show

16,146 Listeners

Masters in Business by Bloomberg

Masters in Business

2,188 Listeners

Shopify Masters by Shopify

Shopify Masters

383 Listeners

eComFuel Podcast by Andrew Youderian | e-Commerce Entrepreneur

eComFuel Podcast

314 Listeners

How I Built This with Guy Raz by Guy Raz | Wondery

How I Built This with Guy Raz

30,216 Listeners

The Unofficial Shopify Podcast by Kurt Elster, Paul Reda

The Unofficial Shopify Podcast

258 Listeners

Founders by David Senra

Founders

2,192 Listeners

Ecommerce Playbook: Numbers, Struggles & Growth by Common Thread Collective

Ecommerce Playbook: Numbers, Struggles & Growth

73 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

8,826 Listeners

My First Million by Hubspot Media

My First Million

2,666 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

10,203 Listeners

Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

Acquisitions Anonymous - #1 for business buying, selling and operating

251 Listeners

OPERATORS by OPERATORS

OPERATORS

48 Listeners

Moneywise by Hampton

Moneywise

646 Listeners

David Senra by Scicomm Media

David Senra

228 Listeners