In other words, this company makes money by earning the price difference of its products. In order to maximize profits, it needs to consider how to reduce costs and sell cheaper than others.
Second, brand profitability.
It is to make money by brand awareness and its added value. Brand and product are separated, and brand itself is an independent product. To be a brand, we must think independently from the product.
Third, the profit model
Making money with a business model is actually making invisible money. For example, I bought a TV with a price of 1999 yuan, which I think is cheap, but when I turn on the TV to show a movie, the monitor needs 15 yuan for one month. This is a model, where products do not make money, but rely on follow-up services to make money.
Fourth, the system profitability.
When you have a certain system, such as management system, marketing system and membership system, you have the capital to negotiate with others and use your system to integrate resources. Resource integration can make you earn the maximum profit at the lowest cost and achieve mutual benefit.
Verb (abbreviation of verb) the profitability of resources
When a company monopolizes some resources, it can make money from these resources, such as China Telecom and China Petrochemical.
Sixth, the profit from collecting rent.
If you or the company owns certain intellectual property rights or patented technological inventions, when others want to use the patent, they need to pay the patent fee, which is equivalent to a permanent passive income.
Seven. Financial profit
Financial profit is relatively complex, equivalent to a lever, earning unlimited income at a fixed cost.
Eight, ecological circle profit
Now some big companies are building their own ecosystems, Xiaomi has built an ecosystem of smart electronic devices, and Ali has built a whole ecosystem of life scenes. It is equivalent to a person's daily needs can be completed in Ali, so for Ali, all the consumption in one day can be profitable.