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.
rate was high, even if the gross profit margin was initially high, the actual profit margin for
in Hannah’s case, the return rate
she sold low-quality items like leaking garbage bags, few customers
she were to sell expensive skincare products with a higher commission, a customer’s dissatisfaction with the product would result in a higher rate
maximum unit price per customer for live broadcast sales
low, she
limit on the amount
of garbage for 19.9 yuan, disposable shower
might not be great, they were still useful to her customers and unlikely to be returned. Even though the garbage bags might not be of high quality, they could
wraps might not be perfect for keeping food fresh, but they could still serve a purpose
washing the face, but they
were relatively low, customers often viewed their purchase as a way to show their support
the relatively low value of these items, the effort and cost associated with
and paying for shipping back could be seen as more trouble than the item’s
items could also be a deterrent for
be a few yuan, while individual express delivery could be much more expensive, which at
might find it more cost-effective to keep the item rather than went through
also an advantage for her
her low return rate as leverage to
offered a 20 yuan commission for each sale through another live streamer, Hannah might be able
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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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