Socks, factory direct, 3 pairs for 8 cents!
The words "factory direct sales" were outlined in yellow, and the numbers "8" and "3" were highlighted in bold red.
An older woman selling socks at a nearby stall couldn't help but ask, "Young man, you're selling three pairs for eight cents, aren't you going to lose money?"
Generally speaking, vendors who have been in business for a while buy their goods for 3 cents each and sell them for 5 cents each, making a profit of 2 cents per pair.
They felt that selling three pairs of shoes for 8 cents was indeed a loss.
Even at Jiang Sheng's purchase price of two cents, three pairs would cost six cents, meaning he wouldn't earn even one cent per pair of socks on average.
The profit from three pairs is the same as that from one pair.
"It's nothing." Jiang Sheng had no obligation to explain to his colleagues, so he smiled and gave a perfunctory reply.
The old woman looked at Jiang Sheng as if he were an idiot.
You don't mind selling at a loss, but don't let it affect my business.
The woman hesitated whether to move to another place to avoid being implicated by Jiang Sheng, but she was reluctant to give up this shady and auspicious spot.
In the end, the old woman could only silently pray that the young man, having suffered a loss, would leave quickly!
Before long, the square became crowded.
Sure enough, many people were attracted by Jiang Yu's banner and came to the stall.
"Young man, are these socks really 3 pairs for 8 cents?" a middle-aged woman asked.
Jiang Sheng nodded repeatedly: "It's all in black and white, how could it lie to anyone?"
"How can it be so cheap?"
Jiang Sheng pointed to the four large characters "Factory Direct Sales" on the banner.
The middle-aged woman instantly understood: no matter the era, the phrase "factory direct sales" is full of magic.
The branded socks hanging up were clearly not priced the same as those below, and the middle-aged woman didn't make a fuss.
She picked up a pair of socks, examined them carefully, and after confirming that they weren't defective, she paid for them with a happy expression.
Then, looking at the hanging socks, he asked, "How much is a pair of these?"
"These cost 15 cents a pair."
Fifteen cents isn't cheap, and the middle-aged woman hesitated.
“You can open it up and check the quality, but it’s okay if you don’t buy it,” Jiang Sheng said.
The middle-aged woman opened the socks and checked them; they were indeed of a higher quality than ordinary socks, so she paid for a pair.
The middle-aged woman standing nearby stared in disbelief. She had socks like those at her own stall, and they only cost ten cents! Was the man crazy?!
Jiang Sheng chuckled inwardly, thinking, "Auntie, you've suffered because you don't understand price anchors."
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