Other toy sellers also gradually dispersed and went to visit other booths first. Agents were agents, and they also had to do other business. Some were still considering whether to join in.
There are fifty states, and after the woman just circled out a dozen of them, there are only thirteen left.
The agency fee that has been finalized is nearly 800,000 US dollars. The results are enough to satisfy Han Chudong. He is feeling that this trip to Chicago has not been in vain and he has gained a lot.
Compared with the agency fee, the subsequent production and external wholesale of goods will undoubtedly make more money, and it is not a one-time deal, which is equivalent to a cash cow. This money is very important to Han Chudong, who is in urgent need of funds for investment.
The land areas of different states in the United States vary greatly, as do their economic strengths and population sizes.
This resulted in a large gap in the agency fees for Mango Toy Company products arranged by Han Chudong. For example, the agency fees for small states like Rhode Island in the northeast corner were less than that of New York State.
The most valuable state is actually California.
There is a large population there and its economic strength is also among the best, so Watermelon Head is very grateful.
Because he knew that Han Chudong really left California.
If it was left for him and Zhao Dajun to split equally, it would mean a loss of tens of thousands of dollars, or even hundreds of thousands of dollars in agency fees. If it were a fair competition, the two of them would definitely not be able to come up with that much money at the moment.
now.
Zhou Nan said embarrassedly: "I'll take care of the California agency fee on behalf of Da Jun. I owe you the money first. I'll definitely pay it back when I make money. Don't be polite to me. Friends are friends. Neither he nor I want to take advantage of you."
"There's no question of whether I'm taking advantage or not. If I see that I can make money, I'll sell the California agency rights. Wouldn't that be a shame for your previous help?
Whether it's selling lottery tickets or toys now, I told you to come and help, and I'll remember that favor. Forget the agency fee, just work harder to sell more toys, and I'll make a lot of money."
Han Chudong was in a very good mood.
I was thinking about how to discuss business with the representative from Fisher-Price Company while waiting for lunch.
The other party meant to directly grant the patent rights for toy production to Fisher-Price, and only produce and sell the toys in countries and regions where it had obtained the agency rights, which would save a large part of the transportation costs.
The agency fee is a full two million US dollars, and he wants to get this money.
If it is just authorization without production, Han Chudong can spend less energy. However, the issue of how to formulate the fee for patent authorization needs to be carefully considered. If it is not cost-effective after the discussion, then cooperation cannot be carried out.
Regarding how to supervise the production quantity.
Because Fisher-Price Toys is a public company, he believes that the management will not easily destroy its brand for the sake of profits from a few toys.
Relatively speaking, the one who is worth worrying about is Kamenashi Nigo.
Han Chudong planned to send someone to Japan to help keep an eye on things after he finished his recent work.
As a huge market with a population of over 100 million, the profits from selling toys in Japan are definitely much higher than the salary expenses of one or several supervisors, and he is willing to spend this kind of money.
The start was extremely smooth.
Not wholesale or retail, I came here today just to find an agent.
So many partners emerged at once that Han Chudong felt that he could take a break and might not need to wait until the trade fair was over to leave.
As for the remaining state agencies that no one is interested in, it doesn’t matter whether anyone takes them away or not.
After all, he has a group of employees with sales experience. There will always be people willing to try this good opportunity to make money. Even if they can't come up with the money for the time being, they can delay paying the agency fee first.
After returning to the booth to rest for a while, someone bought the agency rights for two more states, Montana and Wyoming, and the total agency fee was only US$40,000.
This way, as long as they reached an agreement with Fisher-Price, only eleven states would remain to be sold.
Before discussing details such as delivery time and quantity, Han Chudong first borrowed the public phone at the door and called the boss Yang Guangnian, asking him to use all his strength to produce the magic ball, and also to start preparing for the mass production of several other toys.
Other toys may have to wait, but Magic Ball has been in stable production for some time, so we can stock up now and do our best to increase production capacity.
When I return to Los Angeles, I may have to contact other factories with experience in toy production. The subsequent sales range will not be limited to California. If the production capacity cannot keep up, the agents will definitely have opinions.
Han Chudong even began to consider opening factories in Southeast Asia and other places, but after considering it, he felt that it was not necessary for the time being.
There are currently many processing plants in the United States, which can be dispersed across the states to save tariffs and shipping costs and supply goods to agents in a timely manner.
I had just started working as a boss and there were so many things to do that I suddenly felt a little overwhelmed.
Standing outside the exhibition center, he took a few deep breaths and told himself not to rush, but to take it step by step. He planned to recruit some people with management experience to help him after he returned. He couldn't just put all the burden on himself...
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There is no wrong version in the 1619 book forum!
Zhao Dajun doesn't dare to take a plane.
He stayed in Chinatown in Los Angeles to help Han Chudong run the Mango Toy Company.
I had received a call from Han Chudong before, and took a white man to the Light Year Plastic Factory for a tour, and showed the other party the company's registration information.
Later, a group of people came one after another and also asked to visit the factory.
Han Chudong didn't explain clearly on the phone, so Zhao Dajun couldn't figure out what was going on. He ran around early in the morning and only now had time to buy a few buns for breakfast.
At around nine in the morning, Western Standard Time, he received another call. Han Chudong asked him, "Hey, Dajun, is Accountant Wang here? Ask him to answer the phone. I have something to ask him."
When doing business, there are many accounts to keep up, so you will need the help of a professional accountant.
Guessing that there was something serious to discuss, Da Jun immediately found Accountant Xiao Wang who was busy registering the accounts and handed the receiver to him.
The accountant found a piece of paper and wrote down numbers on it with a pen. He also told Zhao Dajun some tax issues, which made him very confused.
It happened that someone came to wholesale yo-yos. After helping to receive them, he wrote a note and asked them to go to the factory to pick up the goods. Da Jun put a few rolls of banknotes in front of Accountant Xiao Wang and said, "Three hundred dollars, count them and remember to enter them into the account. What did I tell you just now? Did you get any business in Chicago?"
Accountant Xiao Wang nodded decisively, rubbing his face with his hands, feeling uneasy, and said: "Well, I found a lot of agents and got the agency fees, which are said to be hundreds of thousands of US dollars. They asked me how to avoid taxes. I will go to the bank later to check if it has been credited."
"Several...hundreds of thousands of dollars?! Hundreds of thousands, exactly? Three hundred thousand is a few dozen, nine hundred thousand is also a few dozen. Explain clearly!" Zhao Dajun was scared.
"I'm afraid it's more than 800,000 US dollars, almost 900,000. The boss said he was rushing to the bank to cash the bill, and asked you to go to the Light Year Toy Store to urge them. He said the phone call was unavailable. They may need 300,000 or 400,000 yo-yos soon..."
Accountant Wang, who had just graduated from college, was quite puzzled.
How could a small company suddenly make so much money? He went to a trade fair and brought back nearly $900,000 in agency fees, and such a large order? What surprised him even more was yet to come.
Just after lunch, Han Chudong called again and said that he had received more than two million US dollars.
Mango Toys has really become big. Some small toy manufacturers who also paid to participate in the trade fair were not as lucky as him. They haven't sold a single product since the opening, and they can only watch Han Chudong signing contracts...