Episode 90: 10 Ways to Increase Profitability in Your Ecommerce Business

Today, Dave and I talk about the tricks and tips we have found running our businesses that have helped our bottom lines. There are a total of ten tips and we share some personal insight with each tip. If you are running your own ecommerce business, then today’s episode could be a helpful resource for you. Here’s what we covered during this episode: Why you need to keep your accounting books current. How to trim your product catalog to save money. How to cut back your advertising budget effectively. Why you should consolidate shipments. How to find the right manufacturers to save money. The evils of air shipping. How to trim back your SaaS tool budget. The items or prices you should always negotiate. Why Canada is a good source of cheaper labor right now. How to choose a high margin product. Some of these topics are covered in our online course called, Build A $1,000,000 Private Label Business Importing Kickass Products From China. Check the link out below if you are interested in taking part in it. If you are planning to get into the importing business, we tried to build a course that will get you started on the right foot! We hope this list was useful to you and we plan to be getting back to the live episodes soon. If you want to be part of our live episodes just look for our Facebook page. That’s www.facebook.com/ecomcrew and like our page. You will get notices about when we’re about to go live. We also have two sponsors for this episode. Stamped.io, which is a great tool if you need to get some quality reviews for your Shopify store. As well as, AsiaInspection, both Dave and I use AsiaInspection when we have to inspect a shipment from China. Both of these sponsors are great partners and we’re happy to have a relationship with them. Resources Mentioned Today: AsiaInspection EcomCrew Course EcomCrew Facebook Page Stamped.io If you have any questions or anything you’d like us to discuss on the podcast you can now email us directly at ecomcrew.com!  Just send those emails to [email protected]. Also, we would really appreciate if you would leave us a review on iTunes. Thanks for listening!