Yes, this is because online boutiques have a large market share due to the fact that the internet is worldwide, which makes the latest fashions that are enjoying market favor spread fast around the world. Fast spread means many sales, which translate into higher profit margins as compared to brick-and-mortar stores. Also, online boutiques eliminate running costs such as staffing and store rental costs, which results in higher profit margins than brick and mortar stores.
Would you expect online boutiques to have higher profit margins than “brick and mortar” stores? Why?
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Academic.Tips. (2022) 'Would you expect online boutiques to have higher profit margins than “brick and mortar” stores? Why'. 15 January.
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Academic.Tips. (2022, January 15). Would you expect online boutiques to have higher profit margins than “brick and mortar” stores? Why? https://academic.tips/question/would-you-expect-online-boutiques-to-have-higher-profit-margins-than-brick-and-mortar-stores-why/
References
Academic.Tips. 2022. "Would you expect online boutiques to have higher profit margins than “brick and mortar” stores? Why?" January 15, 2022. https://academic.tips/question/would-you-expect-online-boutiques-to-have-higher-profit-margins-than-brick-and-mortar-stores-why/.
1. Academic.Tips. "Would you expect online boutiques to have higher profit margins than “brick and mortar” stores? Why?" January 15, 2022. https://academic.tips/question/would-you-expect-online-boutiques-to-have-higher-profit-margins-than-brick-and-mortar-stores-why/.
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Academic.Tips. "Would you expect online boutiques to have higher profit margins than “brick and mortar” stores? Why?" January 15, 2022. https://academic.tips/question/would-you-expect-online-boutiques-to-have-higher-profit-margins-than-brick-and-mortar-stores-why/.
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"Would you expect online boutiques to have higher profit margins than “brick and mortar” stores? Why?" Academic.Tips, 15 Jan. 2022, academic.tips/question/would-you-expect-online-boutiques-to-have-higher-profit-margins-than-brick-and-mortar-stores-why/.