Margin Meltdown: Navigating the Year of Shrinking eCommerce Profits
May 7, 2024 3:00 PM - 4:00 PM EST
In the first quarter of the year, e-commerce sales experienced an estimated year-over-year growth of 8%. However, this growth varied significantly across different categories. While segments such as Beauty, which had surged in popularity since the Covid pandemic, saw a decline in demand, other areas like DIY Tools and Industrial & MRO Supplies experienced a low double-digit increase. Across the board, there was a noticeable margin squeeze, with sectors such as fashion, beauty, and home goods being particularly affected.
In this virtual event, Tiffany Serbus-Gustaveson will be joined by Udayan Bose, the Co-Founder and CEO of NetElixir. Together, they’ll discuss key e-Commerce trends from H1, dissect their continued significance, and share predictions for what’s in store for H2. Gain an early advantage by discovering how these trends could transform your business and enhance your growth opportunities.
To continue the fun from last quarter, NetElixir will present eCom Trivia and three lucky attendees will win a Starbucks gift card!
NetElixir is a fanatically analytical digital marketing agency dedicated to helping eCommerce retailers find and acquire new high-value customers.
Connect with NetElixirCo-Founder & CEO of NetElixir, Inc.
Udayan Bose is the Co-Founder and CEO of NetElixir, a digital marketing agency designed to help the growth of eCommerce businesses, B2B companies, and retail brands through strategic solutions and an AI-powered platform. Udayan is also the Co-founder of The Udaan Trust, a nonprofit foundation of NetElixir that supports underprivileged young women in India to pursue their education goals and build successful careers.
Senior Digital Strategist at BWG Connect
BWG Connect provides executive strategy & networking sessions that help brands from any industry with their overall business planning and execution. BWG has built an exclusive network of 125,000+ senior professionals and hosts over 2,000 virtual and in-person networking events on an annual basis.
Co-Founder & CEO of NetElixir, Inc.
Udayan Bose is the Co-Founder and CEO of NetElixir, a digital marketing agency designed to help the growth of eCommerce businesses, B2B companies, and retail brands through strategic solutions and an AI-powered platform. Udayan is also the Co-founder of The Udaan Trust, a nonprofit foundation of NetElixir that supports underprivileged young women in India to pursue their education goals and build successful careers.
Senior Digital Strategist at BWG Connect
BWG Connect provides executive strategy & networking sessions that help brands from any industry with their overall business planning and execution. BWG has built an exclusive network of 125,000+ senior professionals and hosts over 2,000 virtual and in-person networking events on an annual basis.
Senior Digital Strategist at BWG Connect
BWG Connect provides executive strategy & networking sessions that help brands from any industry with their overall business planning and execution.
Senior Digital Strategist Tiffany Serbus-Gustaveson runs the group & connects with dozens of brand executives every week, always for free.