In most cases, the cost of sales typically accounts for around 60% of revenue. Offering sales teams more than 60% in commission is a common strategy to drive substantial order volumes—a quick look at listed companies' financial reports makes this clear: gross margins may appear healthy (often exceeding 60%), but net profit margins are usually thin, sometimes below 8%. Profit is generally generated through scale.
1. Maintain strong ratings — aim for five-star reviews.
2. Encourage users to favorite your store, as favorited stores get priority placement.
3. Run outfit‑bundling promotions, like a ¥1 add‑on drink.
Nailing these basics will bring in new traffic, and delivering great food will keep those visitors coming back.
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Huabei and Baitiao do not report to the credit bureau; Suning does, credit cards do, WeBank does, and applying for an ICBC merchant payment code also shows up on your credit report.
Company interests aren’t always aligned with the chairman’s. More often than not, from the chairman’s personal perspective, some news is better than no news—even if it’s false.
As the title suggests, this post is about how we cut our traffic and bandwidth costs. The core idea was to convert dynamic content into static files and offload roughly 85% of our traffic to a subscription-based caching layer, leaving the remaining 15% to be handled by a bandwidth alliance.
Cloudflare caches 85% of the content, Backblaze handles the remaining 15%, Vercel serves the website, and Google Firestore powers our cloud database.