Chapter 387 How to Spend Money



"One, ten, hundred, thousand, ten thousand, hundred thousand, million, ten million, hundred million, billion, billion, hundred billion, hundred billion?"

"Damn, Shuangzi, did you give me the wrong report? Our company sells over 10 billion yuan worth of goods a year? Is the decimal point misplaced? No, it does have a decimal point and two digits."

Bai Yu's company compiles daily statistics on their live-streaming sales data, but Bai Yu naturally can't check it every day. So he flipped directly to the last page of the report, and that's when the above conversation occurred.

Bai Yu couldn't believe that their company had sold over 10 billion yuan worth of goods. There are only about 300 days in a year, so if you calculate it like that, they can sell 100 million yuan worth of goods every two days on average. Isn't that a bit too exaggerated?

Bai Yu knows that live-streaming e-commerce is very profitable now, but isn't the speed at which this money is being made too fast?

Although this 10 billion+ is just sales revenue and not the money that actually goes into their company's hands, their company still gets a commission of 5% to 15% on each sale.

Even if we calculate it at 10%, their company can still earn over a billion yuan in commissions a year, which is outrageous.

"Brother Yu, you read that right. That's our company's sales for the whole year, and that's only for the first eleven months. The statistics for the twelfth month haven't come out yet."

By the end of this month, our company's annual sales should be over 20 billion, and our company's commission will be around 2.5 billion. Compared to the sales volume, the money we earn is just a drop in the ocean.

Li Shuang calmly gave Bai Yu an answer to his question, her words carrying a Versailles-like air.

This really put him in a good position, after all, Li Shuang is the head of their company's operations department, and also in charge of product selection.

The company's sales volume is so high, and there has only been one problem throughout the year, which was caused by the manufacturer being too eager to make money and going down the wrong path.

In this situation, if credit were to be distributed, his contribution would indeed be the greatest, and it would be acceptable for him to take some credit.

"More than 2 billion yuan, earning more than 2 billion yuan in a year, my goodness, live-streaming e-commerce is really profitable, no wonder everyone wants to do it!"

No, we have to find a way to spend this money. I'm afraid I won't be able to control myself if I keep this much money in my hands!

Shuangzi, do you have any good suggestions? Something practical, but also costing a lot of money.

"Spend too much money? Brother Yu, that's a really tough question for me. This is the first time I've ever heard of someone being afraid of having too much money. You're such a cutie!"

"What do you know? That's over two billion! Do you know how much money I'd get if it were divided among me?"

I could take 1.7 or 1.8 billion yuan by myself. What would I do with such a large sum of money? Don't you know my daily expenses? Clothing, food, housing, and transportation are all taken care of. I don't have to spend any money selling clothes all year round.

Meals are provided by the company, and expenses are reimbursed when I go out for competitions. I also have my own place to live, and expenses are reimbursed when I go out for competitions. Okay, apart from going out for competitions, I don't go out much, except for the occasional trip.

It doesn't cost much over a year, so why are you leaving these here for me to breed?

"Hey, having a baby sounds pretty good, huh? I couldn't even spend all that interest in a year. But I don't think I'd need that much money just to live off the interest; I already have plenty of money of my own."

Bai Yu was calculating and recalculating, as if she really had a headache over this money.

Indeed, that's true. The company earned over two billion yuan in a year. Even if a lot of costs were not deducted, it would still be over two billion yuan.

After all, they are doing live-streaming e-commerce, and they are already top performers on the platform. They don't usually need to invest in traffic or anything like that, so their costs are very low.

After calculating all costs, the net profit will be over 2 billion yuan. Bai Yu owns 89% of the company's shares, so proportionally he can receive over 1 billion yuan.

However, the more money Bai Yu had, the less it was a good thing for him. As he himself said, he really had no place to spend money; money was just a string of numbers to him.

Moreover, this is just the money earned by one live-streaming company; there are also shipping companies and seafood processing plants that can make money as well.

After Bai Yu and Li Shuang discussed it, they couldn't come to any conclusions. So the number of people involved in the discussion increased from two to six, with all the shareholders in their company participating.

According to Bai Yu, he plans to donate his share of the dividends this year to his original employer, and this time he will donate a larger amount to see if he can raise enough to buy something of value.

Li Shuang and the others disagreed with Bai Yu's suggestion. Their idea was that if they were going to donate money, they should donate together, and then the remaining money would be distributed according to the profit-sharing ratio.

Although Li Shuang and the other two do not hold a large number of shares, each only having two percentage points, the total amount they receive over time can be astronomical.

Regarding this issue, Bai Yu and his team tentatively decided to contact the South China Sea Fleet first to inquire about the cost and cost-effectiveness of certain equipment.

This is because Bai Yu and his friends are young and fearless, daring to ask anything. Look at the questions they ask, are those the questions they should be asking?

If Bai Yu hadn't had such a good background, won honors for the country, and donated money to their troops, someone would definitely have come to talk to him about the questions he asked.

After Bai Yu explained the main purpose of the call, the other party fell silent. Who would be so kind as to donate equipment to the army?

Although Bai Yu and his group didn't have the equipment and were only given money to build it, isn't this a bit too much?

Bai Yu, who was fine until he finished talking about the money he wanted to donate, was then taken away.

You should know that the South China Sea Fleet has a base in Sanya, which is very close to Bai Yu's company. In less than an hour, a military vehicle stopped in front of their company, and then Bai Yu was taken away.

To be honest, Bai Yu was still a little dazed until the moment he was taken away. He really didn't expect it to turn out this way.

He called the military personnel simply to inquire about the prices of various ships; he really didn't mean anything by it.

After all, the amount of money their company is donating is indeed a lot, but it's really not enough to build the types of ships we are familiar with.

Aircraft carriers go without saying; their cost starts at tens of billions. The next level down, the Type 055 destroyer, costs six or seven billion, and the next level down, the Type 052A, B, C, and D, costs over three billion.

That's why Bai Yu called to ask which other ships besides these three types offer better value for money.

In other words, they want cheap and strong fighters; they want to make sure they can fight.

Then he was taken away.

He was released a day later.

He left all alone, without taking anything with him except a cell phone.

But when he came back, he was carrying large bags and small packages, which contained nothing of value, just some souvenirs.

Bai Yu had a complete set of all the souvenirs from the South China Sea Fleet since its founding, including those from decades ago.

Of course, he didn't come back by himself in a taxi. Whatever car came to pick him up took him back, and even dropped him off right at his doorstep.

These souvenirs definitely can't be brought to the company. Given how enthusiastic our family is about military memorabilia, if he were to bring these things to the company, he certainly wouldn't be able to bring them back home intact.

So to avoid this situation, Bai Yu sent these things home first, and then took some recently released commemorative badges, commemorative albums, small models and the like to the company and gave a share to Wang Hai and Li Shuang.

There are also some extra souvenirs that Bai Yu plans to give away to employees through a lucky draw at this year's company annual meeting.

As for this time, after Bai Yu communicated with the people from the South China Sea Fleet, the amount of donation was determined. This time, their company donated 2 billion yuan, and the military will add some more, and they will try to find a way to add another Type 055 destroyer to the fleet.

After the amount was determined, Bai Yu and his team became much more enthusiastic about selling products in the following days. Bai Yu even personally took to the stage in order to further increase the company's sales.

After all, the more goods a company sells, the more money it earns, and the more money it can donate.

As the year drew to a close, December 31, 2021, the last day of the year, arrived, it was also the date when their company's specific sales figures could be determined.

The whole company was immersed in a joyful atmosphere, and employees greeted each other with smiles, expressing their indescribable happiness.

Although the Gregorian New Year is not a traditional Chinese festival, and there are no holidays or special occasions on this day, it has become more like a festival over the years.

If you don't believe me, you can watch the New Year's Eve galas on major TV stations; aren't they just celebrating the arrival of the new year?

This is why, after the development of the e-commerce live-streaming sales industry, every year around the New Year, various platforms will hold their own live-streaming sales promotion activities.

The same applies to Yuxue Shipping Company.

Although Bai Yu said that their company would continue as usual and there was no need to organize any special events or anything,

However, Bai Yu's suggestion was just that. The person in charge of operations and promotion was Li Shuang, who did not heed Bai Yu's advice and still launched the event in their live broadcast room.

However, compared to other streamers or platforms, their company's benefits are relatively small. They only give out discount coupons and mobile phones, and that's about it.

Anyway, their company doesn't need to use high rewards as a gimmick. Their company has no shortage of traffic and customers. As long as the product quality is good and the price-performance ratio of the product is worth the selling price, then everything will no longer be a problem.

As for the sales pitch about bringing down prices, it won't work here. Only a fool would believe that.

Of course, on New Year's Eve, in order to boost sales in the live stream, Bai Yu and his company made appearances on every streamer with a bit of fame.

Including Bai Yu, the number of livestreamers is used to drive sales in the livestreaming room.

You know what, this trick actually works quite well. For live-streaming hosts, whether viewers will place an order largely depends on whether these customers trust them.

The personal charm of the livestreamer plays a significant role in the decision to place an order.

Among these people, Bai Yu is definitely the most trusted. The viewers in the live broadcast room trust him the most, after all, he is the boss of Yuxue Shipping Company.

............

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