Symbol of Status
"Thanks to the Prince's publicity, our Bicycle can be unveiled sooner."
Blacksmith Yuan nodded in approval, and then asked, "But, Young Master, although we have steam power and Production Line, we are still too few people. If we do not expand our facilities and personnel, we may not be able to meet our current demand."
Quan Yi smiled faintly and said, "Who said we have to meet market demand? Starting tomorrow, we will only produce ten bicycles a day. We don't need to expend all our manpower on Bicycle production."
"But, Young Master, if we reduce production by half, our income will also decrease. There's no need for Young Master to save everyone's energy; everyone is working with great enthusiasm."
Under Quan Yi's leadership, the Blacksmith Shop remained in the research and development stage for a long time.
During this period, the expenses and wages of these Blacksmith were all provided by the Quan Family.
The Blacksmith felt not only gratitude but also guilt for receiving such generous treatment.
Now that they finally have the opportunity to sell the products they forged, everyone is eager to take this chance to repay the Quan Family.
Blacksmith Yuan shared the same idea.
"I'm not trying to save everyone effort," Quan Yi explained. "You know, the price of a commodity is related to its scarcity. At this stage, only we have the ability to forge high-quality Bicycle."
As the saying goes, scarcity increases value; the rarer Bicycle is, the higher the price it can fetch.
Moreover, our targets are the 'most' distinguished Spirit Master; too many of them would be unworthy of their status.
When Quan Yi turned to look at Blacksmith Yuan, he simply nodded silently.
Quan Yi sighed helplessly, "None of that matters. You just need to know that I did this to maximize my profits."
Knowing that he was not as good as Quan Yi in this area, Blacksmith Yuan decided to follow Quan Yi's instructions.
"I understand. I will give the order later. Young Master, now there is only one last question. That is, what should be the price of each car?"
Quan Yi paused for a moment, then said, "I heard that someone offered several thousand Gold Soul Coin to buy a Bicycle made entirely of Refined Iron."
Our Bicycle certainly cannot be inferior to it.
I've decided to price each Bicycle at 10,000 Gold Soul Coin, and limit sales to ten Bicycle per day.
"Screech!"
Blacksmith Yuan was quickly calculating the profit in his mind.
However, he didn't need to calculate at all. The cost was over four hundred Gold Soul Coin, and after deducting the cost, the profit was as high as nine thousand three hundred Gold Soul Coin.
Ten vehicles a day would amount to 93,000 Gold Soul Coin.
"Young Master, with such a high price, will anyone buy it?" Blacksmith Yuan asked uncertainly.
Quan Yi smiled mysteriously and said, "Let's wait and see."
With that, Quan Yi put over a hundred Bicycle into the Blazing Sun Heart and left the Blacksmith Shop.
The next day, a magnificent shop in Saus City opened mysteriously.
A month ago, the clothing store suddenly closed down.
After a month of renovation, the front wall of the shop was transformed into a huge floor-to-ceiling window.
Passersby can clearly see the interior as soon as they walk past.
When they curiously peered inside, they were surprised to find ten Bicycle of different colors neatly arranged inside.
Thanks to the Prince's promotion, Bicycle became a household name in the city.
Now, shops specializing in selling Bicycle have appeared, attracting the attention of many interested people.
Many people went into the store and witnessed firsthand the quality and performance of the Bicycle.
Then they realized that this shop was not ordinary.
However, when they wanted to buy Bicycle...
The exorbitant price of 10,000 Gold Soul Coin scared off most people.
"At this price, I could buy hundreds of horses," a customer said, shaking his head as he left the shop.
At this moment, a nobleman dressed in fine clothes laughed contemptuously, "Blind fools! How can a mere mortal horse compare to Bicycle? Didn't you see that Prince Highness once outran Spirit Saint of Agility Attack System and Attack with Bicycle?"
Moreover, this thing isn't for mortals like you; only powerful Spirit Master can unleash its true potential.
After saying that, the nobleman immediately bought a glittering gold Bicycle and had it transported away by horse-drawn carriage.
Since then, news of the Bicycle Specialty Store has spread like wildfire.
On the first day, one car was sold.
The next day, three cars were sold.
On the third day, ten vehicles were sold.
On the fourth and fifth days, there were also ten vehicles.
Starting from the third day, the Bicycle Specialty Store would be sold out immediately as soon as they opened each day.
Under Quan Yi's instructions, the staff at the specialty store associated the bicycle with the Spirit Master group when introducing Bicycle.
Present Bicycle as luxury goods.
However, to achieve this effect, the Bicycle itself must be of high quality.
Otherwise, the current effect would not have been achieved.
When Blacksmith Yuan learned of this, his eyes and mouth were wide open, and he couldn't close them for a long time.
A month has passed.
In just thirty days, Quan Yi earned nearly three million Gold Soul Coin.
This amount can easily make up for the family resources that Quan Yi has been consuming since he was two years old.
In fact, the expenses spent on running the research institute over the years are less than a quarter of the profits earned.
According to Quan Yi's observation of the market, it would take at least a year to meet the current demand.
A year has 365 days, and if there are 10 vehicles a day, that's 3,650 days.
Within Saus City, the number of people who have the ability and the willingness to purchase is roughly this many.
However, this is only based on the size of Saus City.
A year later, the fame of Bicycle will spread beyond Saus City and reach all parts of the continent.
After watching the Auction House, Quan Yi had a thought in his mind: 'There are so many rich people in this world!'
The experience at the Auction House completely changed Quan Yi's thinking.
Originally, Quan Yi intended to use advanced production methods and a strategy of low profit and high volume to seize the market from the lower classes.
However, Quan Yi believes that in this world, the vast majority of money is in the hands of the top echelons.
Therefore, Quan Yi felt that he still had to squeeze some money out of the rich.
The results proved that Quan Yi's decision was absolutely correct.
When it comes to new things, wealthy people with purchasing power have a stronger willingness to consume.
Through this top-down propaganda, the lower classes' attitudes toward Bicycle shifted from initial resistance to greater acceptance.
Moreover, Bicycle are very simple in principle and extremely easy to imitate.
If Quan Yi doesn't seize the high-end market, it won't be able to fully utilize the advanced productivity it possesses.
Now, more and more people in the city are choosing to travel by Bicycle.
They abandoned horse-drawn carriages and switched to Bicycle. Most of them were not Spirit Master, but rather nobles.
For nobles who lack power, even though carriages are more comfortable, they still ride Bicycle.
Because, in their eyes, riding Bicycle is a symbol of status.