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Articles by 巴九灵
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Why Golden Arowana, an Oil Seller, Earns Less Than Haitian, a Soy Sauce Maker
Golden Arowana, a well-known edible oil company, has a huge market presence but low profitability, with a net margin of less than 3.2% in 2019. This is due to high raw material costs and limited pricing power, stemming from government price controls and product homogeneity, unlike high-margin businesses like Moutai and Haitian.
巴九灵In China, one in every 69 people might be a WeChat business
This article discusses the rise of private domain e-commerce in China, contrasting it with traditional e-commerce platforms. It highlights the efficiency and low customer acquisition costs of private domain traffic, and explores the role of WeChat businesses (WeChat business) as a subset of this trend.
巴九灵