Then, this information and data will be uploaded to the π Joint Store website.
The original price, the discounted price, and the consumption tax are all clearly stated.
In fact, Xing Baohua complains a lot about foreign goods. In addition to the price, there is another price: the price including tax.
The Japanese generally apply an 8% consumption tax. The first price you see is the normal price of the item; the next might be a discounted price; and then there will be a third price – that's the price after the 8% consumption tax.
It's not just the Japanese; many countries do this—they simply don't include taxes in advance.
In our country, they don't even display the price. It's not that we don't have a consumption tax, but rather that it's levied on certain high-end products. Ultimately, the cost is passed on to the consumer; the absence of a price tag doesn't mean the tax isn't there.
Sometimes when you go to a store or other place to buy something, you'll need an invoice or similar document. This invoice is subject to a 3% tax. To save on tax, the merchant will give you a receipt, or at least something else.
Sometimes merchants will ask you for an extra fee for issuing an invoice, which is about 3%, while the value-added tax is 17%.
When making transactions on the website, Xing Baohua will also add a consumption tax to make sure you understand exactly what you're spending.
But he also came up with a point: the more times you use π payment, the more tax-free transactions you'll receive.
While it's advertised as tax-free, it's important to clarify that customers are informed that once they reach a certain number of transactions using π Pay each month, the consumption tax on their first to third transactions will be waived. Essentially, π Pay pays the tax for the customer and then returns the amount paid to the user.
In other words, users pay their own taxes first, and then the payment agency reimburses them.
8% consumption tax, it hurts so much!
Xing Baohua's move was even more attractive to customers than discounts and promotions. Although they were already used to various taxes, the ability to save 8% in taxes was enough to excite them.
Buying a cell phone or computer can save them a day's wages. That money could buy a lot of other things.
After a week of promotion, only 23 companies were reached. These elites were all ashamed. They held a regular meeting in the morning and another exchange meeting when they returned in the afternoon. Everyone spoke, found each other's shortcomings, and even reflected on their performance until nine or ten o'clock at night.
He seems to be in good spirits, but he still needs to be paid overtime.
Automatic overtime shows great enthusiasm, but try not paying overtime? Not only will they stop giving you overtime in the future, they'll also sue you, and you'll still have to pay what you owe, plus a fine or something.
Xing Baohua knew that everything is difficult at the beginning, and selling more than twenty stores a week was already quite good. Xing Baohua also went online to look at brands like Citizen and Casio.
After browsing through the list, I discovered that none of the products were from any of my own companies. A surge of anger welled up inside me, and I went straight to the sales department.
They were still in a meeting, discussing which product supplier to visit tomorrow, how to negotiate, who would take the lead, and who would assist.
Xing Baohua pushed open the door, and the people inside were taken aback at first, then they all stood up, bowed and called him Chairman.
Xing Baohua asked Mitsui Fujisaburo, who was chairing the meeting, "Are all the products in the online store contracted products?"
“Yes,” Mitsui Fuji nodded in reply.
How many products haven't been listed online yet?
There are three companies: one cosmetics company and two clothing companies.
One of Mitsui Fuji's assistants replied that it takes time to input product information into the network.
Xing Baohua turned to Mitsui Fujisaburo and asked, "Do you know how many products I own? Why don't you go and talk to my distributors?"
"Your Excellency, we went to see them. They...they said..."
"say what?"
"Let's take a look at their empty shelves first. They say they don't have any stock to sell in physical stores, so they're talking about selling online. Do they think they can have stock online? If they want to sell online, we need to give them enough stock before they can open an online store," Mitsui Fuji reported.
"You mean the rice series, right? I'm talking about cars, airplanes, and Nikon products."
“Ah…” Mitsui Fuji was completely dumbfounded.
The elites inside were also dumbfounded, but suddenly they seemed to have an epiphany.
There are quite a few R-brand cars already! If you put them online, and if you're lucky, you might get a 20-30% discount, which is practically free.
How much money will the group lose?
After Mitsui Teng finished speaking, Xing Baohua continued, "Go tell that distributor that he doesn't have to do JD.com's market. I can let distributors in other cities do it. Next year, he won't have to be a rice distributor anymore. Just sell whatever products are available."
Xing Baohua left after giving his instructions.
To attract customers, you need to stock up on merchandise. Without merchandise, who will come? Too little merchandise won't work either; people will just glance at it and close it.
Sometimes, guidance is needed. For example, Tianma Motors could offer three discounted cars to attract attention and generate buzz, and then get media coverage.
This thing can be supplied in an open manner; that's not how you burn money. For example, transport aircraft: buy a Y-5 from China and put it online to attract people.
This results in a situation where people who have the money to buy it don't want it, while people who don't have the money can't afford it.
Whenever someone makes a purchase, Xing Baohua can spend money to buy some news traffic so that the media can do some soft advertising, in the form of reports, saying that π payment can buy airplanes, and that a mysterious buyer bought a transport plane on the π payment website at a 30% discount.
Next, let me introduce the product categories available on the π payment website. If you're lucky, you can get a 30% discount on the Tianma Supercar, and if you're unlucky, you can still get a 20% discount.
Not to mention the best-selling rice series. Even if it's out of stock, don't worry. Just pay first, and you'll be given priority when it arrives next time. You'll be in line according to the time of payment. In order to support PaiPay, we will ship extra rice based on the number of online orders, so as not to crowd out the pre-orders in physical stores.
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
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