Late last year they shuttered their d2c business. Similarly, Liquid Death no longer sells its canned water d2c, pointing customers to Amazon instead. It’s because after accounting for all costs, their margins were actually better in wholesale channels. ~ learn more
They are down 85-90%, compared to 75% for the NASAQ during the dot-com bubble. “When a DTC brand is founded as a venture-backed business, profitability is rarely in the company’s DNA.” The author is himself a DTC founder (Hubble Contacts) […]
I don’t mean for this to be alarmist. I know there’s a news cycle about banning apps and whatnot. I mostly find it interesting! Tiktok and Shein are among the list. I hadn’t heard of the other two, CapCut and […]
This is mostly about a category of products called relaxers. They are used by women to straighten their hair. The author notes that they seem safe because they’re sold in stores, but they are not regulated by the FDA and […]
I haven’t encountered this first-hand yet. It seems like a pretty good idea, considering those are the items that drive a ton of excess cost and don’t please consumer. Why didn’t they do this sooner? ~ learn more
India’s homegrown instant payment system has remade commerce and pulled millions into the formal economy.
“The value of instant digital transactions in India last year was far more than in the United States, Britain, Germany and France. “Combine the four and multiply by four — it is more than that,” as one Indian cabinet minister, […]
Unrelated to this link, but related to the topic: I asked chatGPT to write a short story about a future where police officers prompt you for a tip when issuing a ticket. ~ learn more