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Channel Talk
May 07, 2023

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Articles & Tutorials

Influencer marketing rates are increasing due to the high demand for creators and more complex campaigns. The overall trend for pricing is up, with rates varying based on platform, content type, and creator followers. Only 16% of US creators make money from content, and increased time and resources for sponsored content are driving up prices.

With an industry need for easier 3PL comparisons, Shopify reported in 2022 that 38% of brands change providers annually. Switching can be costly and time-consuming, especially when brands lack logistics expertise and efficient comparison options.

The pandemic has accelerated the shift towards online commerce, and e-commerce revenue is predicted to surpass $1 trillion in 2023, growing at an 11.5% compound annual rate to reach $1.56 trillion by 2027. This presents a promising opportunity for e-commerce stocks to benefit from the expected 289.9 million global e-commerce users by 2027.

We researched and compiled a list of the top 20 profitable Etsy businesses and items by analyzing data from Step By Step Business, Forbes, Starter Story, Insider Monkey, E-commerce Platforms, Stern NYU, TRUIC, and FullRatio. Our selection was based on average net profit margins, with a focus on profitability per unit instead of higher sales. The list is ranked in ascending order based on profitability, with the most profitable items/businesses listed first.

Kyle discusses DeepFloyd, an AI program that can add text to images. DeepFloyd was trained on a dataset of over a billion images and text and can generate images from a prompt.

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Food for thought

The top 15 e-commerce companies in the USA are Amazon, eBay, Walmart, Etsy, T-Mobile, Home Depot, AT&T, Target, Apple, Samsung, Wayfair, Lowes, Best Buy, Macy's, and Costco.

DTC brands aim to become profitable and exit for a big payday. E-commerce exits usually happen through acquisition or IPO. Check out some notable DTC e-commerce exits and their exit valuations below.

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Hacks & Tools

Heyday is a multilingual chatbot that helps businesses respond to customers in real-time with FAQs, recommend products, organize customer messages, automate sales, and measure customer happiness. It integrates with Shopify, Instagram, Facebook, and Whatsapp.

Build a modern customer experience with package protection, real-time tracking, remarketing, and sustainability to increase sales and drive customer loyalty.

Opinew is a Shopify app that imports and displays product reviews from Amazon, AliExpress, and eBay, with options for customer photos and videos, helping DTC brands syndicate their online reviews.

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