Pharmapacks Bankruptcy Signals Risks for Amazon Sellers
The bankruptcy of top Amazon seller Packable serves as a warning to cross-border e-commerce sellers: reckless expansion is unsustainable; cash flow and profit are paramount. Sellers should focus on lean operations, cost control, and careful decision-making, while closely monitoring market changes and ensuring compliance. Cultivating niche markets, building strong brands, improving product quality, optimizing customer experience, and diversifying channels are crucial for survival in challenging times. Prioritizing financial stability and sustainable growth over rapid expansion is key to long-term success.
