Blackstone Code
Chapter 134

How Could He Attract People's Attention Without Setting Off a Big Firecracker?

1,866 words6 min read5 views1mo agoSource
Next

All groups engaged in the trade of secondhand goods will eventually face a very awkward situation: firstly, a lack of sufficient supply, and secondly, difficulty in guaranteeing the quality of the goods.

In fact, the most important reason why Lin Qi's Secondhand Goods Auction in Sabine City have been so successful so far is the partnership he has established with Mr. Fox.

A large number of high-quality second-hand goods were transferred from Mr. Fox to Lin Qi. They wouldn't accept worthless items, so the products Lin Qi now owns are all of very good quality.

But as he expands this business throughout the state, he faces a major problem: where to find enough secondhand goods to satisfy people.

High quality and relatively rigid requirements are the foundation for the continued success and profitability of Secondhand Goods Auction.

This seems like a difficult problem to solve, but he actually already had a solution: replace secondhand goods with brand-new ones and sell brand-new goods directly! This seems like a somewhat contradictory business model. Wouldn't it be a loss to sell brand-new items as secondhand items?

At the same time, because these are brand new products, they are more attractive to participants, who will be more willing to spend a little more money on these brand new second-hand goods than they are now.

In fact, from the very beginning, Lin Qi never considered making a profit by selling goods. He had long ago set his sights on the seats that salespeople had to have.

After covering all expenses, he could even hold such auctions for free, providing ample goods and the right environment, but all salespeople would have to pay for the seats they held.

With over a dozen cities, each city has anywhere from four or five thousand to two or three thousand seats. Let's assume they all have three thousand seats. That's forty to fifty thousand seats, and the monthly income is close to one million. Even if it's halved later, he can still earn five hundred thousand a month without doing anything. Why would he need to pursue higher profits?

If he shares his money with those around him, people will stay firmly by his side and defend his interests. If he only thinks about making money for himself, people like Richard will gradually leave him.

So where do those brand-new, inexpensive goods come from?

Undoubtedly, it was produced in a factory, so controlling costs has become Lin Qi's current medium- to long-term goal—as the wave of bankruptcies approaches first-tier cities, more and more large factories will go out of business.

The inventory of these major manufacturers will become the main source of goods at Lin Qi's auction in the short term, but if you want to do something in the long term, you must make long-term preparations.

Lin Qi gave an affirmative answer to Lunite's idea of cooperating with him, which immediately excited Lunite, who began to introduce his products to Lin Qi as usual.

"We mainly produce standard-sized clothing for all seasons. We have our own designers and raw materials, and we can also process supplied materials based on pre-designed designs..."

Some factories do not design and produce their own branded clothing. Instead, they act as OEM manufacturers for other brands. To avoid disputes and troubles over materials and other issues, companies that place orders often provide their own design drawings and fabrics and sign a pass rate agreement to ensure that their interests are not infringed.

Any garment factory can quickly change its production content, which is a characteristic of light industrial factories. Of course, this is also the reason why light industrial factories were the first to be impacted and died at the forefront of the Tidal Wave, because they do not have uniqueness.

The commonality and applicability of the industry made the vast majority of light industries, which do not have high technical barriers, the first victims of the wave of bankruptcies. Except for a few factories with technological barriers and patents that could barely maintain production, the rest were basically wiped out.

The same is true for Lunite's two factories; they are not receiving any orders right now. What they can do, others can also do, and what others can do, they may not be able to do.

Furthermore, their warehouse is already overflowing with clothes and blankets, and if no one can save them, they will soon face bankruptcy like everyone else.

In fact, Lin Qi was unaware that the reason there weren't many people at the party wasn't because others hadn't come, but because many of them had been eliminated by this chaotic society. They had gone bankrupt, closed down, and lost their social value, so naturally they wouldn't be on the invitation list.

This society is so cruel and realistic. Businessmen without value don't even qualify to attend such parties, because they can't make the place look glamorous and prosperous; they can only make it look desolate and decaying. This is not what the mayor wants, nor is it the kind of atmosphere that an upper-class social occasion should have.

Lin Qi took out a business card from his pocket and handed it over. "We can discuss cooperation later, what do you think?"

Lunite glanced around and immediately realized he had been a bit rash. "I apologize for my rudeness, Mr. Lin Qi. When would you be available?"

Lin Qi briefly recalled his schedule for the following week, "Tuesday afternoon?"

"Tuesday afternoon then!" Lunite breathed a sigh of relief. At least Lin Qi's performance and attitude made him feel a little more at ease. He thanked Lin Qi for the opportunity, had a drink, and then left to look for new opportunities. He didn't completely believe that Lin Qi could really help him, or he was already prepared for the possibility that he would not be able to cooperate with Lin Qi.

As soon as Lunite left, someone else came to greet him. This was a middle-aged man who looked to be in his forties. He seemed to be in much better shape than Lunite and had a very composed demeanor, which indicated that his company and finances were not in any major trouble.

He extended his hand. This guy's palm was very warm, but unlike Lunite's palm, which had a slightly damp feel, this guy's palm was warm. Just from the first moment of shaking hands, you could feel his condition. It was a very magical feeling.

"Duncan ..." he introduced himself simply and directly, and then continued, "I know you, Mr. Lin Qi."

Lin Qi raised an eyebrow, and the two released each other at the opportune moment. A few people around who wanted to come closer stopped in their tracks. They would wait for Duncan and Lin Qi to finish their conversation before trying to talk to Lin Qi themselves; that was the rule.

"Oh? But I don't know you very well." He replied calmly. In fact, from a certain perspective, Duncan's words were not very polite, and of course, Lin Qi's words were equally impolite.

However, before either side expressed clear likes or dislikes, the uncertainty of the context did not affect this impoliteness.

"I currently work for LuPu Real Estate as the General Manager," he said, a hint of pride on his face. Of course, his job certainly gave him the right to have such thoughts.

LuPu Real Estate is just a new company less than ten years old, which is the next newest in the LuPu Industry Group. LuPu Industry is a well-known and influential industrial Group Company in the state, with considerable research and development capabilities.

Their main focus is on developing machinery that meets market demands. For example, the various machines used in Lunite's garment and Blanket Factory factories all come from LuPu Industry.

LuPu Real Estate, in essence, aims to boost their stock price by producing better-looking financial reports.

Duncan's intentions were very clear: he had his eye on the land that Lin Qi owned.

When the club was first established, the city was not as large as it is now. The land that seemed far from the city center at the time is now right next to the city center, and its value has increased many times over.

People had considered taking over the club before, but the problem was that large Group Company like LuPu Industry believed that a professional Rugby club was a money-burning business that was unlikely to yield good results. So until Lin Qi took over, there might have been people who were interested in the land, but no one really made a move.

Now that Lin Qi has indicated he wants to sell, it will naturally attract the interest of some people.

The two had a brief and cursory conversation, not going into too much detail. This was a cocktail party, not an office; no one would finalize any business deals here. At most, they would leave a statement of intent.

After agreeing on a time for further discussion, Duncan left satisfied, and then a third person appeared before Lin Qi.

Ferral, standing on the other side, watched Lin Qi handle the situation so naturally and felt a sense of unreality, because he had seen many people attend such parties for the first time and, for various reasons, create some laughable situations.

He himself, for example, made a fool of himself at a relatively high-class social gathering with his elders for the first time due to excessive restraint and caution.

But looking at Lin Qi, he always felt a little... He didn't know how to say it, both looking forward to Lin Qi possibly making a fool of himself and hoping that he would perform more perfectly.

Humans are always so contradictory. They are willing to believe that there are perfect things in this world, so as to entrust their kind and bright side to it, but they don't want these things to actually exist, because that would only make them seem imperfect.

Gradually, people began to gather around Lin Qi, a rare phenomenon where it's uncommon for people to gather around a "newcomer" and make him the center of attention in such situations.

If Lin Qi had elders, they would most likely have told him before he attended the party to watch his mouth and not say anything irrelevant, to listen to other people's ideas, and to maintain his own stance.

Upon seeing this, Ferral couldn't help but become curious. He wanted to know what Lin Qi was saying to the others, which was why they were surrounding him.

He greeted the mayor, picked up his wine glass, and walked toward Lin Qi's small group. Before he even got close, he heard Lin Qi say something.

"The Federal Financial Market are bound to collapse..."

End of Chapter
Prev
NovelSummaries
Next

Comments