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Ecommerce Margins getting crushed
Ecommerce Margins getting crushed Saw a post on LinkedIn talking about how ECommerce margins are getting crushed. Noted a founder doing $25M a year, with a take home of $100K for himself. Looks like commodification to me. You choose a product that's easy to get and ship, but everyone can get it themselves, so it's a race to the bottom. In this kind of environment you need to fo...
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