COGS (Cost of Goods Sold)

Managing COGS in E-commerce

Efficient supply chain management, bulk purchasing, and optimising production processes can help in reducing COGS, thus improving the profitability margin.

Benefits of Reducing COGS for E-commerce

  • Improved Profitability: Lower COGS leads to higher gross margins, improving the financial health of the e-commerce business.
  • Competitive Pricing: With lower COGS, businesses can offer competitive pricing to customers without compromising on profitability.
  • Sustainable Growth: Efficient management of COGS supports sustainable growth and long-term success.

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