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.
the gross profit margin was initially high, the
in Hannah’s case, the return rate was significantly
items like leaking garbage bags, few
commission, a customer’s dissatisfaction with
the maximum unit price per customer for live broadcast sales must not
keeping the prices low, she
consumers had a limit on the amount they were willing to
disposable shower cap made by plastic wraps for 29
these items might not be great, they were still useful to her customers and unlikely to be returned. Even though the
be perfect for keeping food fresh, but they could still
suitable for washing the face, but they could
customers often viewed their purchase as a way to show their support
effort and cost associated with returning them was often deemed not worth
request, scheduling a pickup, repackaging the item and paying for shipping back could
returned items could also be a
through a major shipping company might only be a few yuan, while individual
this, customers might find it more cost-effective to keep the item rather
return rate was also an advantage for
as
a brand offered a 20 yuan commission for each sale through another live streamer, Hannah might be able to negotiate a commission of 30 yuan per sale because of her
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