In his previous life, Lin Yifeng was tricked by his first love into going abroad, missing the period of rapid development in his homeland.
He finally managed to amass a fortune of hundreds of...
Lin Yifeng smiled.
The profit margin of milk tea factories is definitely not low. The actual cost of producing a bag of milk tea powder is only about one cent, and the cost of logistics is about two cents.
They also have a 20-cent profit, which is the 10-cent profit that the merchant receives.
The key to this business is volume; if the volume is large enough, they can make enough money.
The main reason is that Lin Yifeng and his team invested in this aspect. Compared to Xiangyue's milk tea, which uses creamer and plant powder, their production cost is five or six times that of the other party.
If they just keep this up, by the time Xiangyue realizes what's happening and tries to compete for the Zhongzhou Province market, Lin Yifeng and his team will have already secured a good reputation.
Of course, in this battle for milk tea powder in Zhongzhou Province, Xiangyue also needs to buy time for its headquarters.
In an effort to influence Xiangpiaopiao's development, they are prepared to use every trick in the book.
The most common thing is media reports about the quality problems of Xiangpiaopiao milk tea, such as advertising that drinking milk tea is bad.
To the bewilderment of the person in charge at Xiangyue, not a single newspaper in the entire Zhongzhou Province was willing to take on their commission.
Many of the news media outlets that had long cooperated with them refused to meet with them at all upon hearing that they wanted to write defamatory articles about Xiangpiaopiao.
Looking at the headquarters that had not responded for a long time, the Xiangyue agents also looked desperate.
Of course, the newspaper also had its reasons.
Whom do you want me to fight?
Wallace, Mixue Ice Cream or Pang Donglai?
Regardless of what Xiangpiaopiao is like, they can't afford to offend the boss behind it, not to mention that this boss also controls the "Minsheng Daily," which is currently thriving in Zhongzhou Province.
They wouldn't risk their lives against Lin Yifeng and his group for a few thousand yuan in royalties.
Just one week into August, Xiangyue milk tea powder's market share in Zhongzhou Province plummeted, with many shops even canceling their partnerships.
The reason is simple: Xiangpiaopiao gives just too much.
They provide subsidies for renting venues and allow you to settle accounts monthly, giving you ample time to prepare funds. Each store can share profits with Xiangpiaopiao at the end of the month based on their sales volume.
This business model is far superior to the traditional method of buying and selling goods.
Lin Yifeng didn't let Lin Cuilan and the others be idle either. The Xiangpiaopiao exclusive business department he set up in Gongcheng took advantage of the high popularity of Xiangpiaopiao and began to win over Xiangyue agents in various places.
They were allowed to become Xiangpiaopiao franchisees instead of their original Xiangyue agents, without any franchise fees, but the number of stores under their management was subject to review.
This led many Xiangyue agents to defect overnight and join Xiangpiaopiao's brand.
Lin Yifeng estimated that by the end of the first month, Xiangpiaopiao would have captured about 70% of Xiangyue's original market share.