What are the long-term costs of running an eCommerce business?

What are the long-term costs of running an eCommerce business?

The long-term costs of running an eCommerce business include hosting fees, payment processing fees, inventory management, marketing, and customer service.

How do these costs compare to a physical store?

Generally, eCommerce businesses have lower overhead costs than physical stores, but they still incur significant expenses in digital marketing and logistics.

What can I do to minimize these costs?

To minimize costs, consider optimizing your supply chain, using cost-effective marketing strategies, and automating customer service.

Are there any hidden costs I should be aware of?

Yes, hidden costs can include transaction fees, chargebacks, and costs associated with returns and refunds.