You earn five dollars per piece wholesale; ten thousand pieces would earn fifty thousand dollars; and fourteen thousand pieces would earn seventy thousand dollars.
You earn 15 to 20 yuan per item sold at retail; 50,000 items would earn you nearly 90,000 yuan, and 10,000 items would earn you 100,000 yuan.
The profits here are truly enormous.
Uncle Su and his son Su Lin secretly calculated the accounts that Qiao Jiuru had given them, and then realized that they had indeed underestimated this business.
This business isn't large, but the profits are quite considerable, especially from selling the products.
"Sister-in-law, you don't earn as much as Xiaomai and the others."
Uncle Su felt that Qiao Jiuru had used so much capital to buy goods, but only made a third of the profit, which was a bit of a loss for her.
“Brother, I don’t have anyone to help me, and I don’t have the time. Of course I know that I can earn more by setting up a stall or opening a shop, but the volume of goods I need to sell is much greater. If I were to sell these 10,000 items by myself, it would probably take several months. If I were to do wholesale for these months, I could earn just as much.”
Most importantly, at present, only the clothing business is profitable. The best opportunity to make money by investing in stocks and real estate will come after the 1990s.
Uncle Su thought about it and it really was true. Without trustworthy managers, enough people, and enough time, it was indeed difficult to manage.
However, Qiao Jiuru's business also allowed him to see another side of the market.
Because we had agreed in the morning to have dinner together that evening, Su Huaiyuan went to pick up his two grandsons after class. Then Su Ze and Zhou Wanwan, who were home for the holidays, and Su Huazhu also went to their usual private restaurant.
This private restaurant isn't exactly close to Jingda Hutong; it's located in the middle of both sides, which is why it became a frequent dining spot for the Su family.
Kung Pao Chicken, Four Happiness Meatballs, Roasted Pork, Shredded Pork with Sweet Bean Sauce, Three-Non-Stick Stir-Fry, Stir-fried Tripe, Stir-fried Shredded Pork with Mu Shu (Shredded Pork with Egg and Vegetables), Steamed Pork with Rice Flour, Stir-fried Pork Kidney, Stir-fried Cabbage, Stir-fried Eggs with Chives...
The dishes were all authentic Kyoto traditional delicacies, specially ordered for Uncle Su and Su Lin, hoping they could enjoy more of their hometown's food during their stay.
Everyone enjoyed the meal and was very satisfied. After dinner, Xiao Lei left first, then everyone took Mai Nian back to the courtyard, and finally together they took Uncle Su and Su Lin back to their hotel.
As a result, Qiao Jiuru, Su Huaiyuan, and Su Huazhu had just arrived home when they heard the phone ringing incessantly.
The person calling at this time is either Su Feng, who is far away in the south, or Song Luoyun, or Zhang Hong or Lu Baoguo.
Sure enough, when Qiao Jiuru answered the phone, she heard a familiar voice.
"Auntie?! This is Xiaoyun. I called home three times but no one answered. Are you alright, Auntie?!"
It was Saturday. After finishing classes in the afternoon, Song Luoyun returned home from school after 5 PM and called the Su family. However, no one answered. He called again after finishing dinner, but still no one answered.
Afterwards, Song Luoyun called every hour, and the phone rang several times but no one answered. Just as he was about to hang up and go to the Su family in person, someone answered the phone.
"There's nothing wrong at home. It's just that your Uncle Su's relatives are coming back from abroad. We won't be having dinner at home tonight; we'll be going out with our relatives."
Qiao Jiuru quickly explained to him that if the call wasn't answered, the child would probably rush to their house overnight.
Oh, I see.
Song Luoyun on the other end of the phone immediately breathed a sigh of relief. Luckily, he answered the phone, otherwise his grandfather would have been worried.
"Auntie, are you free first thing tomorrow morning?! I want to come pick up some goods; Grandpa almost sold them all last time he brought some."
Song Luoyun was quite clever; she didn't inquire about Su Jiaguo's relatives, but instead called Qiao Jiuru to tell her the purpose of the call.
“Okay, Mai Nian will arrive this afternoon too. He’ll take the train early tomorrow morning, and we’ll head over there at seven o’clock tomorrow morning.”
Qiao Jiuru had anticipated this, so they agreed on a time. They planned to accompany Uncle Su and Su Lin and his son to explore Beijing tomorrow.
Song Luoyun wasn't surprised at all when he heard that Brother Mai Nian was coming to buy goods. His grandfather had told him that Brother Mai Nian was involved in wholesale and retail in the city, and that he would definitely sell faster than them.
Early the next morning, Qiao Jiuru and Su Huaiyuan rode their bicycles to the courtyard in the alley. After arriving home the previous night, she told her daughter to have her older brother, Su Ze, and his family wait at Su's uncle's hotel at nine o'clock.
When the couple arrived at the courtyard in the alley, it was exactly seven o'clock. Mai Nian, Xiao Lei, and several young men were already loading goods onto a large truck.
Qiao Jiuru and Su Huaiyuan quickly parked the car and went to help. After unloading the goods, Su Huaiyuan even personally went to the train station with Mai Nian and the others to help.
They had just left when Song Luoyun and Song Luoshu, the brother and sister, arrived on their bicycles.
So the brother and sister learned that Mai Nian and Xiao Lei had just left, and regretted not having met them.
However, they only had one day off today and were very busy. Song Luoyun had already asked several classmates to help sell the goods. As Qiao Jiuru had mentioned before, they would receive a commission of two to three yuan for each item sold.
"Auntie, we need a hundred of each style, half of each color."
Song Luoyun asked his classmate to divide the group into three groups. He planned to give each group about twenty items to test the waters. If they could sell them, he would give them more next week.
Qiao Jiuru led the brother and sister into the storeroom, and then they counted out the goods together.
One hundred coats and one hundred suits were packed into one large sack, and one and a half sweaters and cotton-padded coats were packed into one large sack. Song Luoyun paid for all the goods in full.
There were two and a half large sacks in total. The brother and sister also brought the flatbed cart and placed it directly on the back of the bicycle. Song Luoshu walked behind to help push the cart.
After seeing the siblings off, Qiao Jiuru put all the goods in the yard into her spatial storage, then rode her bicycle to Uncle Su's hotel.
After Su Huaiyuan came out of the train station, he went straight to the hotel, as the two of them had just agreed.
Today's task is to accompany Uncle Su and Su Lin to explore the capital city. The father and son haven't had a proper chance to shop around since they came back.
We visited the Forbidden City, Tiananmen Square, the Temple of Heaven, Zhongshan Park, and Beihai Park. We had lunch at a well-established restaurant, and continued sightseeing in the afternoon. Afterwards, around dinner time, we went out for a hot pot dinner.
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