Hello everyone. We run an online store specializing in supplements and have been in operation for nearly eight years, consistently achieving over $1 million in yearly gross sales. However, this year marks our first decline after seven years of growth, with a Year-Over-Year drop of around 44%. We conducted a survey of 9,000 loyal customers, and most expressed their fondness for our products but mentioned struggling with disposable income to make purchases right now. We’ve noticed a lack of reliable information on how other ecommerce businesses are faring presently. Could you share your personal experiences, particularly regarding whether your established businesses are experiencing growth, stagnation, or revenue decline?
hey! my store’s also been hit hard lately. sales are down and i’m blaming it on fierce competition and inflation affecting disposable income. it’s a tough market out there rn. only a few things you can do like adjusting marketing tactics and pricing but keep hanging in there! 