The gross profit margin of HowNet is as high as 54%, which shows that HowNet can make money very much. The motivation of hownet to make money comes from user fees and low-cost intellectual property investment.

First, the huge profits of HowNet

According to the media's views on an inquiry APP, the gross profit margin of HowNet's parent company is as high as 54% a year, which simply exceeds the most profitable company Apple. HowNet's violent interests are not without reason. HowNet itself has many universities and student clients. These are the groups that need to consume intellectual property rights most, but they also have to submit fees to HowNet, which has caused the continuous expansion of customer groups and the gradual increase of income. HowNet has a strong ability to make money. When many companies are still worried that the business quota has not exceeded 100 million, the gross profit of HowNet has exceeded 100 million, and the gross profit margin is also extremely high.

Second, the huge profits of HowNet come from the low investment in intellectual property rights.

HowNet can achieve such violence not only because it faces many universities and customers, but also because the monopoly of intellectual property rights is only temporary. The real root of HowNet violence is the low investment in intellectual property rights. When HowNet receives an article, it often sends out a few hundred dollars of manuscript fee, but is the author's hard work really only worth a few hundred dollars? Of course it's not the creator's creation. Need more time and mental cost to measure. Hownet's investment in intellectual property is low, and its profit will be high when it charges naturally, because what Hownet does is equivalent to a business without money.

Third, HowNet's profit model is unsustainable.

There are great risks behind the unlimited profits of HowNet, not only because of the infringement of intellectual property rights, but also because it is unrealistic to obtain intellectual property rights at low cost. With the increasing protection of intellectual property rights in the future, it will be more and more difficult for HowNet to obtain articles, and at the same time it will lose its credibility and some intellectual property rights because of numerous lawsuits of power awakening, which means that the profit model of HowNet will be broken and it is impossible for HowNet to continuously obtain more articles. It must also be mentioned that the malicious behavior of HowNet may be resisted by many creators, and knowledge itself is expensive rather than cheap.