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3 Profitability Strategies for E-commerce Retailers in 2023

May 24, 2023

Via: RIS News

E-commerce is dealing with a bad hangover.

We just left a two-year period where practically every category of retail saw unprecedented growth and the bar was raised for everyday e-commerce experiences. Now, merchants across industries are struggling to adjust to a harsher reality. Increased marketplace competition, tightening margins, and fears of a looming recession each contributed to e-commerce growth slowing in 2022 — and 37% of retailers say e-commerce isn’t meeting their profitability targets.

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