Finance
As an e-commerce business owner, I'm looking to increase profitability. Recommend specific strategies for improving profitability in my online store, considering factors such as customer acquisition costs, average order value, and supply chain optimization. Please provide a list of at least 5 actionable suggestions, including both short-term and long-term approaches, along with a brief explanation of how each strategy can positively impact my business's bottom line. Ensure the recommendations are relevant to the current e-commerce landscape and take into account the latest trends and best practices.
