My toy company's sales were up about 12.5% 2019 vs. 2018 but total profits fell 29% (after netting out distorting expenses and other income) - 40% of our catalog had declining profitability - 42% of our catalog had declining sales - 38% had declining total profits
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Replying to @Molson_Hart
Amazon has had a notable shift to advertising revenue, sponsored listings, “Amazon’s Choice” etc. Do you think these dynamics fundamentally changed the landscape? Maybe before if you had a lot of reviews you got top page real estate for free.
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Replying to @Molson_Hart @Kane_1200
But our ‘19 ad spend was down so who knows maybe it was causal in some weird way.
5:59 PM - 3 May 2020
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