- If the milk sales are poor, giving away a glass cup will improve business.
- The pharmacy closes at 12 o'clock at night, and the daily turnover increases by 300 yuan.
- The adult store located next to the university cannot keep up with restocking.
- When selling fish, using black bags for packaging helps to deceive customers by reducing the weight of the fish.
- A men's clothing store hires attractive female sales assistants with high salaries, which significantly increases sales.
- People who understand business will not engage with women.
- Creating a brand, advertising, and earning franchise fees is the right approach. Only those who are determined will manage their own physical stores.
- Competitors are not enemies; the real money is made by collaborating with them and manipulating prices, ultimately making the customers pay more.
- To make quick money, engage in one-time transactions; to make slow money, focus on building repeat customer business.
- Small plastic bags in supermarkets cost 50 cents, while large bags cost 1 yuan. The profit margin on bags is higher than on the products themselves because of the larger quantity sold.
- When running a physical store, never sell counterfeit goods. Although high profits can be made, it will damage the store's reputation.
- In a department store, when offering a buy-one-get-one-free promotion on women's shoes, the price of the shoes is first increased before the promotion is applied.
- Employee expenses are closely monitored, but companies are willing to spend a lot on public relations.
- Always keep a reserve of money and never disclose it to anyone, not even your spouse.
- If you can use the bank's money, there is no need to use your own cash flow.
- Fruits have a certain amount of loss, so smart store owners place the slightly spoiled ones at the entrance for customers to take, but they must wait in line to receive them.
- Setting up a stall inside a university campus can be profitable regardless of the type of business because students have money to spend.
- When selling cooking oil, offering a small bottle for free with a large bottle without increasing the price makes customers feel like they are getting a good deal, but in reality, the large bottle has been secretly reduced in quantity.
- Not charging for parking will increase customer flow by twofold.
- In a restaurant, having self-service ice cream machines, beverage dispensers, and pre-cut fruits will attract customers and create long queues.
- Regardless of the business, the goal should be to attract children because when children come, at least one adult will accompany them.
- Seasonal promotions allow businesses to purchase goods at a discounted price from manufacturers and sell them at a higher price, resulting in substantial profits.
- When opening a milk tea shop, it is essential to establish connections with the student union president at the university and hire students as employees at low wages. The key is to create a strong atmosphere.
- Stores that sell tea only hire beautiful women and never male staff.
- Locking in customers through membership programs is the current focus of various brands' marketing strategies.
- Selling phone cases and screen protectors can be highly profitable, but the real money is made by provincial-level suppliers.
- Buffet restaurants intentionally make some cooked dishes salty to make customers drink more water.
- In any project, aim to make a profit and never settle for the last penny.
- Live streaming sales are very profitable, so many companies offer low prices to induce influencers to sign long-term contracts. Once someone becomes famous, they can earn a lot of money. As for those who don't become famous, they can be put on hold since the cost is low. If someone breaches the contract, they will have to pay a high penalty.
- No matter what type of store, placing a rocking horse at the entrance and keeping coins ready will attract customers even when business is slow.
- When opening a hot pot restaurant, having a free nail salon at the entrance will attract women who enjoy both hot pot and nail services.
- The profit in a hair salon comes from the membership fees.
- In a bakery, it is better to throw away unsold items than to offer discounts.
- Claw machines can be programmed to have a fixed success rate, such as one successful grab every 50 attempts. If a person has tried 49 times, a smart owner will give them a free toy separately.
- Collecting scrap materials is not difficult, but obtaining a business license is challenging for most people.
- Selling appliances yields low profits, but the real money comes from installation and home delivery fees.
- When buying medicine from a pharmacy, never purchase the products recommended by the staff.
- Every time you visit a hair salon, you will see hair scattered on the floor, giving the impression that the business is thriving, but it is actually the accumulation of a year's worth of hair.
- The prices of construction materials are transparent, but those who are not knowledgeable only focus on negotiating material prices. The real cost lies in labor fees.
- In a chess and card room, serving two meals will significantly boost business.
- In a convenience store, dedicating a shelf for collecting packages will double the overall business.
- For underwear brands, it is essential to hire popular celebrities for advertising to justify higher prices.
- Milk sellers would rather discard expired products than sell them at a discount.
- Internet cafes should hire cashiers who are skilled at playing games to ensure high computer utilization rates.
- Any new bubble tea brand can make money in the first year.
- When customers come to the store, if a male customer pays the bill, offer him the first cigarette, and if a female customer comes, give her a pack of tissues. This will attract more repeat customers.