There's a saying that goes something like this: You don't know how powerful an official is until you go to the old capital; you don't know how much money someone has until you go to the southern capital; and you don't know how tall a building is until you go to Shanghai.
These three typical cities also serve as calling cards to the outside world.
Today, Xing Baohua witnessed firsthand how the representatives from these three cities treated money like it was falling from the sky in their quest for a single ticket to become an agent.
The agency fee has already been inflated to 200,000, and this is only the first minute since the bidding started.
Without even taking a breath, he kept adding more and more, one by one.
More than a dozen customers who wanted to become agents for the products were calmly and unhurriedly chasing after the price increase.
When the amount reached 400,000, Xing Baohua broke out in a sweat. Were people this rich these days?
But there's nothing we can do! Some of the rules were set by Xing Baohua himself. Was it a bidding process? The highest bidder wins.
When the number reached 500,000, half of the people finally withdrew.
The first bidder in the Old Capital City won the entire Old Capital City market with 800,000.
The second bidder in Shanghai won the bid for 660,000 yuan.
The third bidder from Southern Metropolis Daily won the bid for 700,000 yuan.
The fourth match...
In 36 first-tier cities, none had a price below 200,000. This brought Xing Baohua a total of 180,000 yuan in cash.
There are also more than 600 cities, including second-tier and third-tier cities!
After two weeks of intense bidding, all regional distributorships were secured.
Xing Baohua earned 34 million yuan in agency fees alone.
It exceeded expectations, and the agents were also very honest; after signing the agency agreement, they would transfer the money to the electronics factory's account.
Those people weren't afraid that Xing Baohua would run away with the money.
Xing Baohua was a little worried, because those who could come here and come up with such a large sum of money were not ordinary people.
They had already figured out this kid's background when they came to Luzhong.
The greatest source of trust is the foreign investment that Xing Baohua will bring in, which is a huge asset. Moreover, the products this guy develops are indeed innovative and have selling points.
This is the initial stage of trust.
Xing Baohua has a real business; he doesn't run a shell company or anything like that just by talking.
The agency fee is something many people are still somewhat hesitant about. It's like buying a ticket just to be eligible to join. Xing Baohua also promised a refund upon contract expiration. Even if someone withdraws early or terminates the contract prematurely, they can still get a refund.
Xing Baohua said that the agency fee will increase in the future, so it is relatively cheaper to buy now.
The distributors seemed to have forgotten something: Xing Baohua once said at a product introduction conference, "Money is hard to earn."
Production is limited. Xing Baohua is a little worried about the frantic collection of agency fees you're all paying; he wonders if we can recoup the agency fees over three years.
This is a pit, a huge pit.
However, the advantage is that the product price can be increased; apart from learning machines, the price of pagers will at least double.
Xing Baohua originally intended to price each unit at 6,000 yuan. At 6,000 yuan per unit, Xing Baohua could earn at least 3,400 yuan.
If we wait for fully automated welding robots to arrive, the cost could drop by as much as 40%.
If pagers were to enter the market, they could fetch over ten thousand yuan.
The only saving grace was that Motorcycle did not charge Xing Baohua any patent fees.
Otherwise, the patent fees for each unit would be a huge expense.
Now we save money, and the average profit is over 120%.
Apart from Xing Baohua and Xiao Bomei, no one else knew the exact cost of manufacturing a pager.
Moreover, Xing Baohua could also feign poverty, claiming that most of the patents were given to foreigners. He said he only earned processing fees!
Most people would believe this claim, since many companies pay money this way.
Xing Baohua and the distributors agreed that supplies would begin no later than May of next year.
Previously, I wanted to separate the learning machine, telephone, and portable music player into separate distributorships, but all the distributors rejected this idea.
Pay a fee to become an agent and you can represent all products.
Thus, Xing Baohua compromised and handed everything over to the agents. Whenever a product was manufactured, the agents would be notified to come and pick it up.
Entrusting all products to a single agency for distribution carries significant risk, but fortunately, it's a city-level agency, which allows for better control.
If it were a large regional agency, Xing Baohua wouldn't have allowed such a large region to exist.
Unless it's overseas.
The matter with the distributor has finally come to an end.
Xing Baohua also had a mountain of documents to process, keeping him extremely busy.
It's time to find a real secretary.
Wang Kai mentioned it before, and he told me to find a reliable person to handle this matter, regardless of gender, as long as they are not too old.
To be fair, Wang Kai did try his best to find someone.
Actually, word got out that the Shangguzhuang Electronics Factory is short of a secretary for its factory manager. Anyone with a bright, unemployed young person in their family could give it a try.
Although Wang Kai's rank is a bit lower, he is still a member of the team. Many people of the same or slightly higher rank have three or five children in their families!
In an instant, more than a hundred people came to apply.
Xing Baohua has made too many moves, and they're all major, high-profile events. What a capable person he is!
Even if it's just a temporary job, learning from someone like that would be fine. Besides, it's not like they're not paying wages; I've heard the factory wages aren't bad!
It's not a good idea for the kids to stay home doing nothing! It would be better for them to work in the village factory.
When it came to choosing a secretary, with so many people present, after Wang Kai's selection process, a young man in his twenties who had graduated from high school was chosen.
My parents also work in government agencies, and I am the fifth child in my family.
They belong to the youngest member of the family.
I learned from Wang Kai that this child is honest and well-behaved, doesn't play around or cause trouble. He has beautiful handwriting, and his only hobby is literature.
Writing is no problem for me.
For now, we've chosen this artistic young man, Yan Hongliang.
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