Aug 02, 2022
In What's your story?
A June 2021 study by management consultancy Alvarez & Marsal, in partnership with Retail Economics, has found that pre-tax profit margins for retailers in six European countries (France, Germany, Italy, Spain, Switzerland and the UK) have fallen from 6.4% to 4.5% in the last 10 years, and is forecast to drop to 3.2% by 2025. The chief contributing factor? Likely ecommerce. The study found a negative correlation between share of sales made online and margins. The study also forecasts that, if the pandemic hadn’t happened, the profit margins in the countries studied would be 3.7% by 2025, half a percentage point higher. For more on the study, download it here or see a summary in QZ. The workload like this whatsapp number list allows both the vendor and the affiliate to focus on. Clicks are the number of clicks coming to your website’s URL from organic search results. 9 out of the top 10 global ecommerce companies saw double-digit revenue growth in 2020 Analysis from GlobalData shows that 9 out of the top 10 global ecommerce companies (by revenue) experienced double-digit growth in 2020 as new consumer habits swayed in their favour. Pinduoduo came close to triple-digit year-on-year revenue growth at 97.6%, raising its total 2020 sales to $8.6 billion, while South Korea’s top marketplace Coupang saw a 90.8% growth, ranking it 7th overall for 2020 revenue at $12 billion. Amazon unsurprisingly topped the list at a reported revenue of $386.1 billion, although its growth was far lower at (a nevertheless impressive) 37.6%.