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The Independent Automotive Aftermarket Federation

3 areas to focus on to improve your bottom line: advice from Volo Commerce

Date: Wednesday 18 May 2022

Supply chain issues mean many sellers can't get enough products to sell and are having to pay very high transportation costs to get them. This has made it even more important to focus on profitability and maximising margins.

Here are 3 areas to consider focusing on for profitability:

  • Look at or expand your web store channel with its greater margins and better control of the buying experience
  • Look at your data and use analytics to see what orders are making you money and what orders are costing you money
  • Look at automating your manual processes to increase your productivity, which directly feeds into profitability.

Volo Commerce go into more detail in a recent blog post on profitability.

Alternatively, you can get in touch with Volo Commerce and pick their brains on how you can improve the bottom line in your ecommerce business.