PDLP Chapter 55 is all that's needed.
Chapter 55 is all that's needed.
Zhou Wenbin opened his mouth, looking at Su Ming's young but unusually determined face.
He swallowed back what he was about to say. He simply couldn't understand why, with the bar continuing to lose money, they weren't trying to find ways to cut costs and stop the losses.
Instead, we need to increase manpower, which would only increase costs.
It seems that this Mr. Su is still too young and thinks running a bar is too simple.
He shook his head inwardly, even wanting to laugh a little. Sure enough, this young man had never done business before; his ideas were naive.
However, he was very shrewd and didn't show any of these thoughts on his face.
Since the boss has spoken, and he's the one paying the wages, then the loss should be the boss's own money.
Just do as I say. The worst outcome is that the bar will close sooner and he'll find another job.
These days, with his experience, it's still easy for him to find a job.
"Okay, Mr. Su, I understand."
Zhou Wenbin put on a professional smile again. "I'll keep an eye out for a couple of days, and I'll notify you of the interview if there are any suitable candidates."
I will also work on improving the store's internal management and optimization. As for publicity and events, that's up to you to arrange.
"Mm." Su Ming nodded and stood up.
"Call me anytime if anything happens. Also, provide me with detailed accounts for the past six months, as well as a list of suppliers and contracts."
And please provide a detailed list of any outstanding debts owed by the bar, including private loans. The more detailed the better.
Upon hearing the words "private loan," Zhou Wenbin's eyelids twitched almost imperceptibly, and he quickly nodded.
"Okay, Ms. Su, I'll send it to you as soon as I've finished organizing it."
Su Ming glanced at him, said nothing more, turned and walked towards the door. When he reached the door, he took another deep look.
Su Ming hailed a ride-hailing car, his mind preoccupied with the bar business.
Evening Breeze Bar, this new business, is still operating with a monthly loss of 6 yuan and some unresolved debts.
But it also gave him a clear idea, which allowed him to connect these seemingly scattered things at hand.
He now owns an operating company, has live streamers, has content production capabilities, and also has a factory and a ready-made offline bar.
As long as you utilize the traffic on your front end, you can quickly monetize it.
Upon arriving on the eighth floor, the company was still bustling with activity.
Su Ming didn't disturb Gu Yushu, who was overseeing the live broadcast, and went directly to his general manager's office.
He closed the door, shutting out the noise from outside, sat in the boss's chair, closed his eyes, and began to mentally strategize.
In theory, Shen Yue and Gu Yushu are both shareholders.
It's definitely necessary to discuss cooperation with them, but it can't be a completely unprofitable partnership.
Even if you're very close, it's not suitable; it has to be about making money together before you can discuss it.
So he needs to think about how to maximize the bar's monetization, which would be a profitable project collaboration.
Whether it's Chen Lu's personal brand or the various influencers the company is incubating.
Even the local internet celebrities under Uncle Zhang's company have a real, built-in audience.
If this traffic can be accurately directed to bars, it can generate a considerable income.
So he plans to first identify the target audience: Chen Lu's fans, fans of company influencers, and local young people who might be attracted by the content.
Then, the bar's atmosphere and even the drink menu are designed around the interests and consumption habits of these people.
Make good use of Chen Lu and these influencers to win the first battle, create a success story and reputation, and then more influencers will naturally come to visit the store.
Store visits are quite popular on other platforms, but there's no short video store visit feature on Douyin (TikTok).
With that in mind, Su Ming decided to wait until everyone was free and then hold a meeting to discuss it.
So Su Ming picked up his phone and sent a message to the shareholders' group of Tianming Media.
Su Ming: @All members, let's have a meeting later when we're free. I have some good projects to introduce to you.
Chen Lu replied instantly.
Chen Lu: ??? Su Ming, you're not going to sell us out, are you? [Warning.jpg]
"Holy crap! This woman's intuition is so accurate?" Su Ming suddenly felt a little guilty.
Su Ming replied immediately:
Su Ming: Sell you my foot! This is a project to make a fortune!
.
An hour later, everyone gathered in the large conference room.
Su Ming sat at the front, with the women sitting on either side of him.
He looked at the five women in front of him, each with a distinct style and aura.
The scene was both visually appealing and unsettling.
Su Ming quickly cleared his throat, his expression serious.
"Ahem, now that everyone's here, I'll get straight to the point."
"Well, a friend of mine owns a bar by the river called Evening Breeze."
"The environment is quite nice, but business has been lukewarm, and even a bit unprofitable."
Su Ming got straight to the point, but cleverly concealed his identity as a boss, presenting himself as a friend.
A classic example of creating a friend out of thin air.
"I talked to him and found a problem: even liquor brands are afraid of being hidden away. Its location is relatively close to the market, and traditional promotional methods are limited."
He paused, his gaze sweeping over the crowd.
"But on the other hand, this is also an opportunity."
What we lack is not traffic, but rather good, profitable products.
"Like now, although our influencers can generate around 10 RMB in sales per session, the commissions given by the brands are actually very low, only around 10%."
In reality, the actual profit we receive is only a few percentage points, right?
Su Ming glanced at Gu Yushu, who nodded without refuting him, clearly agreeing with Su Ming's statement.
"I also talked to my friend about the bar, and they can make a lot of adjustments to accommodate us, such as optimizing the interior space."
Add some corners suitable for taking photos, adjust the layout of tables and chairs, and accommodate more customers.
If our traffic generation is effective enough, we can even expand the area further.
"If the volume is large enough, the bar's gross profit margin can reach 70% or even 80%."
"I can talk to my friends about getting a 30% to 50% commission; I did a rough calculation."
If we leverage our traffic to create a buzz, we could attract five or six hundred customers a day. Even if the average spending per person is only 200, our daily revenue could still exceed 100,000.
"Think about it, if you can make over 10 a day, wouldn't your total monthly revenue be around 500 million?"
The women listened quietly and nodded.
"If the commission is 30%, we'll have a profit of 150 million, and our labor costs aren't even that high..."
"Wait a minute, something's not right, is it?" Gu Yushu interrupted Su Ming.
"Does the bar share all its revenue with us? Shouldn't it normally only count the revenue generated from transactions we drive in?"
Gu Yushu's question surprised Su Ming; he hadn't expected this at all.
But it doesn't matter, since they're both my own companies anyway. It's just a matter of directing from one hand to the other. I'll just do that.
"That's right, I've already discussed it with my friend. It's a long-term partnership. We'll just help him attract customers, and then we'll take a commission from all the bar's revenue."