Setting product margin for your online store is one of the most important things you'll do for your business. If you understand the reasons why you need the right margin, you'll put in the work to learn how to do it. In this video, I'll share with you three reasons setting product margin high is critical to the success of your business. Then I'll share with you how I set my margins and grew a company using 15k to a 9-figure business that IPO'd and is now worth over a billion dollars!
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👋 ABOUT ME:
My name is Spencer. I've been an ecommerce entrepreneur since 2008. I co-founded Solo Stove - an ecommerce company that we bootstrapped with $15K and grew into a public company (NYSE:DTC). I now spend my time helping other entrepreneurs learn to start their own ecommerce businesses.
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The best way to send me a message is through email - emailspencerjan@gmail.com
