What are the costs associated with scaling an eCommerce business?
Scaling an eCommerce business involves various costs, including inventory, marketing, technology, and logistics.
Can you break down these costs further?
Sure! Inventory costs include purchasing products and storage. Marketing costs cover advertising and promotions. Technology costs involve website maintenance and software tools. Logistics costs relate to shipping and fulfillment.
How can I minimize these costs while scaling?
You can minimize costs by optimizing your supply chain, using data analytics for targeted marketing, and automating processes where possible.
What are some common mistakes to avoid when scaling?
Common mistakes include overestimating demand, neglecting customer service, and failing to adapt to market changes.
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