How to Run a good business ?

??How to Run a good #business ?

??Is there any product with high cost performance and high gross margin in the world?

??What is cost performance?

Price ratio is not an absolute price, not a low price, but a comparative advantage.

The best performance for the same price, the lowest price for the same performance

??What is high gross margin?

Let's look at a formula:

#cost → #price → #value

On the right, the space from price to value, determines your price to performance ratio.

The left side, the cost to price space, determines your gross margin

??If you want to do a good business, always use a high margin solution, to solve a #costeffective problem.

In my opinion, cost performance is the only direction of business progress.

Because customers love, must be more and more cost-effective.

There is only one #product in the world that can win the #future , and that is to be cheap.

Make the same #quality and performance cheaper.

But just because it's cheaper, doesn't mean you won't make money. It doesn't mean you have to take quality down.

It's about being the best in the world, even if it's cheap.

I'm gonna make $3,000 of something that sells for $1,000.

Challenge yourself on price, in order to bring customers a greater sense of value. #fashion #sustainablefashion #handbags #bags

??It's not the mountain that's holding you back. It's "I know." If you knew everything, you wouldn't even be dissatisfied with yourself.

Best regards

Jimmy Zheng

WhatsApp/Mobile?: +86?13662983946

E-mail : [email protected]

Web : www.jieanbag.com