Starting and growing a business is no easy feat. The ATO realistically expects that many new businesses won’t turn a profit until their second or third year, and when you start to experience some strong growth, it can be really easy to make some ill-advised decisions. Here, we dive into 5 common mistakes most high growth eCommerce brands make.
Covid-19 is having a devastating effect on small, medium and large businesses. Not only is the situation tragic for individuals but causing immense pressure across many business sectors as we all navigate through this.
Whilst none of us can control the macro environment, we can review and implement various tactical initiatives during this time. To help companies do this, we’ve compiled the data for our diverse portfolio to provide insights that will hopefully be helpful to eCommerce businesses and those who work with eCommerce brands.
Last night was the first Gold Coast Shopify Meetup of 2020 and what a great way to kick off this year’s series of events! We invited along the Director of Dracakis Advisory, Peter Dracakis and Co-Founder of Luxey Cup, Sandra-Lea, to share their insights with a room packed full of Shopify Merchants, aspiring eCommerce entrepreneurs, and various industry partners.
A lot of eCommerce brands achieve great success and high growth by using third-party platforms to sell their products and engage with customers. But caution should always be taken to avoid all that success quickly coming undone.
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