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That, of course, is the key to Wish’s business model — by connecting international consumers directly with manufacturers (most of them Chinese, although diversifying the company’s merchant base is one of the company’s key turnaround pillars), customers can get products for dirt cheap. Doubling down on merchants outside of China.
Parents surveyed expect to spend $586 per student in grades K-12, down just $11 year-over-year (up $57 compared to 2020). Clothing and school supplies are expected to account for most of the back-to-school marketspending, remaining flat at $12.6 billion and $7.4 billion, respectively.
Digital marketingspend right now right I guess you go into recession it’s not the right thing to do but you know a lot of people that are nervous about their economic future are you know slow down their marketingspend right and it’s kind of like when when you start to Skid on the ice.
Scot: [8:17] Cool so you you were a e-commerce entrepreneur so you’ve done that then you did software-as-a-service so you get the check that off the box and then I saw on LinkedIn you’ve also been working with a turbo host so that’s actually getting into my world of cars now tell me tell me how you got into that one.
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