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Why Direct to Consumer Brands Struggle with Profitability

Indigo 9 Digital

That is significantly higher than what companies typically spend on sales and marketing. Take department store Kohl’s, last year its marketing costs were only 4.9% A survey by Gartner found the average marketing spend as a percentage of a company’s revenue was 6.4% of revenue.

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Jason & Scot Show Episode 314 – Lovesac Founder and CEO Shawn Nelson

Retail Geek

And it was really when we purged all that stuff around 2015, seeing the Caspers of the world emerge and Warby Parker’s and even Tesla with their showrooms. We don’t have any wholesale. So what does it even mean?