Re: Priceing of MLs. Please stop spoiling market
ML posted a wechat moments of a busy day, mind you this is an average looking ML with average technique operating at a 88 joint in serangoon north.
8 customers:11 hours total in a day, $998 revenue for shop
Assuming some very conservative stats:
- She offer special to every customer @ $50
- The commission structure is 20% ML, 80% shop
- She has 2 off days in a month i.e. 28 working days
- Her "slow days" consists of half the number of customers i.e. 4 customers, $499
- Her busy day:slow day ratio is 50:50
- She is paying $1000 for rental, $1000 for agent fee every month
Math time!
Busy day earnings
($50 x 8) + (998 x 20%) = ~$600
Slow day earnings
($50 x 4) + (499 x 20%) = ~$300
Busy & Slow days in a month = 14 days each
Estimated monthly earnings after costs = ($600 x 14) + ($300 x 14) - ($1000 + $1000) = $10,600
ML is CONSERVATIVELY EARNING fucking 10K+ PER MONTH after costs
You still think they are poor? lol
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