You read it right, 80% of online retailers end up going out of business.
Just because it’s gotten a lot easier to launch an online shop, doesn’t mean it’s a piece of cake to operate. It takes time, money, patience, strategy, and effective management.
Ever wonder what contributed to these failures?
Aside from the high level of competition in the e-commerce world, I narrow down the 5 top reasons.
Find out what they are and how you can turn them around to actually have a healthy and successful online boutique.
P.S. Due to popular demand, our upcoming workshop, How To Start + Grow A Fashion Brand That Sells, will now be held online. Now, anyone from any part of the world can get the information they need to start + expand their fashion biz.
Thanks and have a great rest of the week!