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[📄Report] Office Products Category Retail Ecommerce Industry Trends, Oct 2023
👉 THREE KEY FINDINGS IN OFFICE PRODUCTS CATEGORY
We have published the The State of Retail Ecommerce for Office Products Category, Oct 2023. There are three key findings that stood out to us:
1. Revenue lost due to out of stock has fallen in 2023 versus 2022 in conjunction with inventory on hand has falling, signaling improved supply chain management for the industry.
2. The category is facing some headwinds with declining revenues and and unit margins.
3. ROAS has consistently improved, likely driven by recent decreases in average CPCs across the industry