2min snip

The Modern Retail Podcast cover image

Jolie CEO Ryan Babenzien on how to market a shower head as a wellness product in the post-DTC era

The Modern Retail Podcast

NOTE

**Aim for first purchase profitability **

Prioritizing first purchase profitability enables businesses to develop a strong foundation for sustainable growth. Allocating a portion of the advertising budget to digital paid marketing can yield significant efficiency, especially when combined with other effective strategies. Achieving profitability early, ideally within the first five months, is crucial as it provides leverage during challenging market conditions and minimizes dependency on external funding. True profitability, as measured by generally accepted accounting principles, distinguishes businesses that genuinely generate profit from those that rely on creative accounting. This focus on transparent and quantifiable profitability allows for better financial stability and operational resilience.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode