Chapter 50 Baofeng Electric



We just met last night and don't have a very good relationship, so I won't rub salt into each other's wounds regarding such matters of profit.

You know.

If we hadn't found Boss Yang and allowed him to continue pirating, all this money would have been the other party's profit.

Including the compensation for the previous stolen sales, Han Chudong has earned over three thousand US dollars in just half a day, almost making back the money he spent on the Mustang. You can imagine how huge the profit is.

This does not include the sales commission given to Zhao Dajun and others.

In order to expand the market, we have currently given up a large part of the profits to sales staff. Otherwise, we can wholesale it to the outside world at two US dollars, and the retail price is more than two US dollars and fifty cents.

Calculated in this way, Han Chudong could earn an extra fifty cents, and by giving those people a fixed salary and a small commission, the salary he got was already decent enough, and he didn't have to worry about no one being willing to work.

I told Boss Yang, "The inventory has been cleared out. Please wait for the next batch of goods. I will redesign the appearance and you can start production according to the new style when the time comes."

"You're talking about redesigning, so it won't increase the cost, right? My profit margin is already very small, and I can't make it any higher. I can't work so hard and still lose money. All these employees, assembly links, etc., all cost money."

"Don't be nervous, it's just a slight modification to reduce the wind resistance and make the idling time a little longer. It may be easier to produce..."

Don’t worry about the sales process for now.

The salesmen who wholesaled goods from him could also add a little money to the goods when they sold them at the school gate and sell them wholesale to grocery stores, stationery stores, toy stores and the like. If they went to a few more stores, there would always be someone willing to buy them.

Han Chudong went to the mold factory.

I negotiated a price with the boss and prepared to customize another batch of aluminum alloy yo-yos, a total of 10,000, and paid a deposit of 2,000 US dollars.

We cooperated last time, and we became more familiar with each other. Because the quantity was large, the cost was slightly reduced to a little over one US dollar.

However, the mold factory is rushing to deliver the goods recently, so the delivery may be delayed, and will be delivered in seven or eight days.

I have plastic yo-yos to sell, so it doesn’t matter if they are sold a few days later.

It was already noon when I finished all these. Thinking that Mrs. Bergman might not have finished the painting yet, I drove to Old Man Han's dry goods store to have lunch and take a nap. Then I started to put goods in the store. If nothing goes wrong, we can open it tomorrow.

I haven't made a penny since I rented the shops. With three shops there, I lose more than fifty dollars a day.

Fill in the price according to the purchase order. In the initial stage, I don’t plan to implement the old-for-new activity. I plan to wait and see the situation after the opening before making a decision.

Han Chudong had gone to other stores to inquire and had a rough idea of ​​how much the same goods sold for in other stores. Thinking of making small profits but quick turnover and crushing those small stores with a single product range, he lowered the price slightly.

I have to say, selling electrical appliances is really profitable.

Take a radio for example. The wholesale price is $25 and the suggested retail price is $39. Even if the price is marked at $30, you can still make $5.

This is the wholesale price after the middleman has taken a cut. If you buy from the original manufacturer, it may be less than $18.

Large appliances such as televisions, refrigerators and washing machines have higher profits and see greater price cuts.

Compared with those small family-run shops, Baofeng Electric Appliances undoubtedly has more advantages.

Those small shops have to consider store costs and ensure profits, and they only have so many products and customers, so they would like to rip off every customer they can.

In the early days, more than 60 kinds of merchandise were displayed in Baofeng Electric Appliance Store, ranging from telephones and typewriters to table lamps and microwave ovens. The merchandise was stacked layer upon layer on the shelves, and there were wide aisles to ensure that customers would not feel oppressed.

From the very beginning, Han Chudong planned to sell at a low profit but quick turnover. As sales increased, the purchase price could be lowered accordingly. If he could leave the impression of cheapness, convenience, good service, etc. in the minds of customers, he would not know how much money he would make all at once, but he would definitely have a lot of repeat customers.

There is only one store now. If it can develop and form a chain, the advantages will undoubtedly be more obvious.

He is the only one writing prices and changing the placement of goods in the store. His parents are at work, his grandparents are old, and his friends all have things to do, so Han Chudong has to handle these tasks by himself.

From time to time, someone stood at the door and looked in, and at this time a young couple walked in.

The husband looked at it and asked, "I saw an electrical appliance store opened here a few days ago. Is it open today? I just renovated my house recently and I'm planning to buy some things."

We haven't opened yet, so there's no reason to push customers away.

Han Chudong raised his head and said with a smile:

“It should officially open tomorrow, but you can still buy something today. Take a look at what you want first, and we’ll sell it to you at the opening price, which is definitely lower than other stores.

If you spend over $300, we will give you a rice cooker for free. We will deliver it to your home. If you need to move large appliances upstairs, we will only charge a small labor fee and I will find someone to deliver it to you."

All kinds of goods are neatly arranged, and the price is written in front of the corresponding goods. A red cross is drawn on the original price, and a lower selling price is written below. Some goods also have the lowest price for clearance sales. These are used to attract popularity and earn word of mouth. They are not expected to make money, but they are often the low-end products with the worst quality.

There is no wrong version in the 1619 book forum!

"A free rice cooker for every $300 spent? It should be based on the discounted price, right?"

"Of course, the price is what it's marked as. If you buy it today, it can be delivered today. If it's not ready yet, you can arrange a time when someone is home and have it delivered then."

The shop hasn't officially opened yet, and this was the first customer. After Han Chudong put down his pen and purchase order, he personally helped introduce the goods in front of them.

The man was wearing a large gold watch, but he was not at work during working hours. He seemed to be quite wealthy and took the initiative to recommend some products that were more expensive but had better functions and beautiful appearance.

He was a customer who was easy to talk to and had money. He quickly bought a refrigerator, a washing machine, and also picked the largest color TV, for a total of more than $1,800.

In addition to the rice cooker, Han Chudong took the initiative to give a small household oven with good performance, and offered to waive the delivery fee.

A good start.

From this business alone, he can earn nearly three hundred US dollars. High-end electrical appliances have high profits, which is equivalent to half a month's salary for ordinary people.

After receiving the money, leave the other party's home address and contact information.

Han Chudong immediately closed the door and went to the roadside to find a middle-aged man who made a living by transporting goods on a tricycle. He negotiated a price with the man and asked him to find another person to pick up the goods from the warehouse for a total of US$25.

The item was a bit expensive, and he was worried that it might be stolen along the way, so he followed it to the delivery address, said hello to the couple who bought the item, installed it himself and tried it out, and only left after he found out that there were no problems.

The business might open tomorrow, but we haven’t found a salesperson or delivery person yet, so we only contacted Sun Laosan for after-sales maintenance.

There's no rush to continue delivering food today. After thinking it over, I think Watermelon Head's dad is a good fit. Delivering goods will definitely give me more freedom than working in a factory. I plan to talk to Watermelon Head about this in the evening.

As for sales, Da Jun and Watermelon Head have been busy selling yo-yos recently, and they can earn more from that business. They probably aren't willing to come and sell home appliances for a fixed salary. Han Chudong plans to ask his father to help find suitable candidates.

I went back to the store to finish the rest of the things and rushed to Bergman's house at around five o'clock in the afternoon. Miss Bergman had not come back yet. She was studying in the library recently, trying to catch up with the learning progress of other students, so she was quite busy.

I got the promotional poster of Baofeng Electric Appliances, which looked pretty good, so I took it to the advertising shop right away and asked them to print fifty copies and one thousand flyers. I agreed to come and pick them up the next morning.

I bought some flower baskets and firecrackers, stuffed them in the trunk and rushed to the Light Year Plastics Factory to check on the production of yo-yos. I was so busy...


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