Think that your business should be making big bucks selling online? Wrong. Most businesses lose money online and have unprofitable online operations. Walmart’s online operations and Wayfair both lose money, and thousands of other businesses do, too.
There is a popular myth that online sellers are casino-like winners with the winning slot machine bells sounding with each order—generating buckets of quarters (profit) for the business. Casinos often produce losers, and most ...