3 golden tips that will increase your profit

I'm Patrick from emarkable, and today I want to talk to you about something that's close to every entrepreneur's heart: profitability. I've been fortunate enough to work with many different webshop...

3 gouden tips die jouw winst zullen verhogen

Strengthen your brand with powerful branding! 🚀

Branding is so much more than just a pretty logo. It's the way you present yourself to the world and how you differentiate yourself from your competitors. Strong branding can increase brand awareness, foster brand loyalty, create differentiation, and enhance the perception of quality, which can lead to increased profits.

 

Take a look at KempíQ. They have invested in both online (Ads / Pinterest / SEO) and offline marketing (trade magazines / showroom), and the result? An average increase of +50% in direct traffic.

Consider your own private label! 💼

In the highly competitive e-commerce space, margins on A-brands are razor-thin. That's why more and more of our clients are choosing to sell their own private label alongside their current offerings.

The key is to attract visitors with A-brands and then recommend your private label. This strategy can lead to an average gross margin of +70%. Yes, you heard that right, +70%!

Analyze your current orders! 🔍

This may seem obvious, but you'd be surprised how many companies don't do this. Calculate your total cost per order using Excel. Note: orders just above the free shipping threshold can sometimes be unprofitable.

It's a simple calculation: Revenue excluding VAT - purchasing - packaging - shipping costs - marketing costs - personnel costs = result. This approach can lead to an average result of +3%.

Start implementing these tips! 🎯

In summary, these three strategies can help you take your webshop to the next level of profitability. Remember, at emarkable, we are here to help you. If you want to know more or need help implementing these strategies, don't hesitate to contact us. We are ready to help your business grow!

I'm Patrick from emarkable, and I look forward to helping you increase your profits.

Patrick

Meer weten?

Bespreek het met Patrick