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Why Direct to Consumer Brands Struggle with Profitability

Indigo 9 Digital

One of the drags on profits for most direct-to-consumer retailers is advertising expenses. million on advertising in 2019 and 2020 respectively. It’s really hard to acquire customers online,” said Sucharita Kodali, a retail analyst at Forrester. million on sales and marketing or 35% of its revenue. million and $58.5

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Why DoorDash & Other Delivery Apps Struggle with Profitability

Indigo 9 Digital

DoorDash’s revenues in fourth quarter of 2020 were up 226% to reach $970 million, Uber Eats’ revenues were up in a similar fashion by 224% to reach $1.4 Similarly DoorDash has never generated a profit with the exception of the second quarter of 2020 where it made a profit of $23 million. "It Link to source: Marketwatch.

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Retail Statistics You Should Know

Small Biz Trends

The retail market size is continuously growing. According to a report from the National Retail Federation, the US retail sales in 2020 grew 6.7% What’s more, retail trade added 4.8 trillion to GDP in 2020, reports the US Bureau of Economic Analysis. trillion during 2020 ( NRF ).

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Burger King’s Turnaround Strategy, 4 Things You Need to Know

Indigo 9 Digital

Burger King is now struggling to keep up with Wendy’s who became the second largest burger chain in the United States by sales in 2020. More marketing spend. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox.

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Wayfair’s Strategy – 7 Compelling Facts You Need to Know

Indigo 9 Digital

If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox 5. Wayfair’s customers who shop infrequently put pressure on marketing spend. You need a way to make the model work.” Do you like this content?