In 2021, fried snacks topped the snack category with over 650 million orders, led by chicken chops. Chickens grow fast—with a cycle of just 40 days—and each order averages 15 yuan.
Near a Mixue Ice Cream & Tea shop, there’s almost always a Zhengxin Chicken Chop store nearby
It’s cutthroat. The 1%–5% gross margin covers rent and payroll—profit comes entirely from membership fees. The stores essentially function as user warehousing, which is the playbook of this extreme-margin membership model (2 billion RMB in annual sales across 13 locations).
Skipping Costco and Sam’s Club, This Local Supermarket Pivoted to 13 Membership Stores
A netizen hit someone who was allegedly a Pinduoduo employee, which cost them nearly 3 days of work. They demanded comp…
A blogger shared a long-followed shop specializing in pork intestines, which had mastered short-video marketing. Fans c…
In this article, coffee bean buyers are now guaranteeing minimum floor prices and bidding up the final price.
A “floor…
Why don’t big hospitals take in fever patients anymore, leaving them to community clinics? For a major hospital, one co…
Reading the article, coffee bean buyers are now offering both floor prices and competitive bidding.
The floor price me…
As is well known, doing SEO or managing media requires a massive amount of content, and it's often necessary to target …