The Charismatic Charlie Wade
Chapter 5100
Hannah took advantage of this and unexpectedly lowered the return rate to less than 5%!
This was recognized by the brands.
Although Hannah’s number of fans was not as high as those of top streamers, her fan conversion rate was high and the order transaction rate was also high, which resulted in brands increasing her commission ratio.
Live streaming had become a profitable business.
For example, the five towels that Hannah sold yesterday, the production cost in the southern factory was about 15 yuan.
Due to the huge order volume, the cost of logistics was about two or three yuan and the cost of storage and packaging was added up.
The total cost was only twenty yuan, but the live broadcast sold five items for ninety-nine yuan and the gross profit rate was extremely high.
However, brands also had their own weaknesses. What they were most afraid of was the high return rate.
In order to protect the interests of consumers, the platform gave consumers the right to return the product within seven days without any reason.
Each time a product was shipped out, the expenses for labor and transportation amount to 5 yuan.
However, if the customer returned the product, the revenue from the sale was reduced to only one cent. This resulted in a net loss of 5 yuan.
Additionally, returned products often had their packaging damaged, requiring additional effort and cost to repackage the item for resale.
return rate was high, even if the gross profit margin was
in Hannah’s case, the
sold low-quality items like leaking garbage bags,
higher commission, a customer’s dissatisfaction with the product would result in a higher rate
for herself that the maximum unit price per customer
the prices low, she minimized the likelihood
amount they
shower cap made by plastic wraps for 29 yuan, five towels for
to be returned. Even though
be perfect for keeping food fresh, but they could still serve a
towels might not be suitable for washing the face, but they could still be
these items were relatively low, customers often viewed their
low value of these items, the effort and cost associated with returning them was
a return request, scheduling a pickup, repackaging the item and paying for shipping back could be seen
shipping returned items could also be a deterrent for
might only be a few yuan, while individual express delivery could be much more expensive,
item rather than went through the hassle
low return rate was also an advantage
her low return rate as leverage
commission for each sale through another live streamer, Hannah might be able to negotiate a commission of 30
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The novel The Charismatic Charlie Wade has been updated Chapter 5100 with many unexpected details, removing many love knots for the male and female lead. In addition, the author Lord Leaf is very talented in making the situation extremely different. Let's follow the Chapter 5100 of the The Charismatic Charlie Wade HERE.
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