The Growth Continues! Why Our Online Store Profits Are Up 37% Year Over Year

Posted by mywifequitherjob under Success Stories
From http://mywifequitherjob.com 4670 days ago
Made Hot by: ronika on July 14, 2011 11:06 pm

My wife just closed the books on our mid year numbers(January - June) and profits are up in the double digits again. Here's what we did differently this year.

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Comments

Written by HeatherStone
4669 days ago

Hi Steve,

Very insightful post, not just because of the growth but maybe more because of some of the behind the scenes details which are good for anyone trying to figure out how to start or boost an online business.

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Written by mywifequitherjob
4669 days ago

Basically, we've had at least 2 price hikes of between 10-15% each within 6 months. There's a shortage of labor and the material costs have gone up as well.

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Written by saraib820
4670 days ago

Congratulations on your growth! I imagine a lot of the growth in online shopping has to do with fuel prices.

I would love to do much more shopping online, but most of the things I need and would like are sold overseas (Israeli products are functional, but not very nice). I got a rude awakening when I first moved here. I ordered books from Amazon, clothes from online retailers and furniture. Unfortunately here, the customs officers take their jobs way too seriously and when you order something that costs $100, you usually get an accompanying bill from customs for another $60. That's if you can even get a product shipped here - a lot of companies don't like shipping here. Kind of takes the allure out of the process.

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