This Is Your Profit Model? Of Course It's Normal To Make A Loss
Editor: Atlas Studios
Luo Feng could be said to be quite ruthless, and his questions were very sharp.
Xie Yan and the others were stunned on the spot. They seemed to have never thought about what Luo Feng had said. In the early stages of the website, they had completely relied on their passion. To put it bluntly, it was driven by their dreams.
His words woke them up from their dreams. They had really not investigated the format of the market carefully. There were actually so many potential competitors.
Xie Yan panicked.
Luo Feng acted as if he did not see everyone's solemn expressions and continued, "There's another very important question. Where's your profit model?"
"We once… experimented with charging a 2% commission…" Xie An's voice was as soft as a mosquito.
"Then let me guess. After you started charging, there was a large loss of users, right?" Luo Feng said heartlessly.