novelsite Chapter 616 This person can no longer be trusted.
Chapter 616 This person can no longer be trusted.
Chapter 616 This person can no longer be trusted.
[I had a terrible cold, my nose felt like it was made of cement, and my throat felt like it was made of glass. After taking this medicine for just two days, can you believe it?]
Don't ask me why I'm stockpiling "Lotus Qingwen Capsules"—it's an absolute must-have for the "Patient Alliance"!
[A lifesaver for elementary school students with colds and fevers! Highly recommended! The side effect is that it will drastically shorten sick leave, sob sob...]
[Before taking Lotus Flower Qingwen Capsules: I am Lin Daiyu, cough cough! After taking them: I laugh loudly and go out the door, how can I, a person of such talent, be a mere commoner!]
Who says traditional Chinese medicine is dead? Look for Liangshan brand Lotus Flower Qingwen Capsules – your lifesaver when you're tossing and turning in bed!
[It's not just effective for the flu; it also works for respiratory infections. My child won't wake up coughing at night anymore after using it...]
[The miraculous lotus-based detoxifying herb... Is it a long-lost traditional Chinese medicine remedy? Or a scientific marvel of modern medicine?]
[It works so well, where can I buy it? I asked at the pharmacy, but they don't carry this medicine.]
[You can only buy them from scalpers; pharmacies are basically sold out.]
I was lucky enough to buy some, but it was a bit pricey. However, seeing so many recommendations, I decided to buy a box to try... I'll leave a follow-up review later~
[What Lotus Herbal Detox? What Liangshan Pharmaceutical? I've never even heard of these names, yet so many exaggerated ads have popped up! Little Red Book, you've fallen too!]
[Agreed. If Liangshan Pharmaceutical didn't hire online trolls to advertise, I'll eat two people from Hubei right now!]
【…】
Seeing the exaggerated titles and comments on Xiaohongshu, which had already garnered millions of views, Cheng Biao completely gave up.
The few posts that raised questions only made Brother Biao's lips twitch.
They always take advantage of people from Hubei and Jian.
What did the people of Hubei Jianzhu do to you?!
"So those bosses downstairs are..."
"Yes! They're all here to place orders." Manager Jin smiled broadly.
"Fortunately, thanks to the hint you gave me, Mr. Cheng, I expanded the number of employees at Liangshan Pharmaceutical early on, and then arranged for the pharmaceutical factory to work in three shifts to urgently increase orders and stock up in advance."
In addition, we temporarily reassigned welfare bag vendors and some security personnel, which was barely enough to cope with the surge in orders!
Otherwise, we might not even be able to handle the first wave of orders!
"The hint I gave you?" Cheng Biao looked bewildered.
"Yes! That explains why the gift you gave us when you came back from your business trip last time was a box of cold medicine!"
So it turns out it was meant for us managers to take back and experience the product's effectiveness!
After my daughter completed one course of treatment, and after searching for user feedback online, I knew this medicine was bound to become a hit!
"Furthermore, with your instructions to proactively acquire medicinal herb planting bases to secure upstream supplies, I belatedly realized that this was all part of a grand strategy by you, Mr. Cheng!"
Manager Jin looked on with admiration.
Cheng Biao looked constipated.
Screw you, I don't know how to play chess at all!
Are you trying to shift all the blame onto me?
He really wanted to fire this incompetent and incompetent manager on the spot.
But then I thought about it again, and the root of making money wasn't with the other party at all.
With a product like this, even if you're a pig, it can take off and make a fortune...
No wonder when Chairman Gao gave him the formula, he repeatedly instructed him to keep the secret and ensure its security.
It's my own fault, because the other party asked for my opinion at the time.
Thinking that traditional Chinese medicine wasn't exactly a high-profit business, and might even require spending some money, he readily agreed...
Sigh! This isn't the first time my teammates have carried me to victory.
Why can't you remember anything?
"How much money do you estimate we've made so far with these capsules?" Cheng Biao asked, sounding somewhat weary.
When this was mentioned, Manager Kim became even more excited!
"The pharmaceutical company is working overtime to ship the goods. Once the supplier settles the final payment after the goods are delivered, our sales revenue for the first batch of orders alone will be around 2.5 million yuan."
Based on a rough estimate of a 50% profit margin, the profit is conservatively estimated at around 1.2 million.
Moreover, given the current upward trend in orders, as the product's reputation grows, we'll only earn more and more..."
"Stop, stop, stop! 50% profit margin?!" Cheng Biao noticed the problem.
"Yes, right now our products are in short supply, it's a complete seller's market, so I took the initiative to raise prices three times, otherwise with our current production capacity, we simply cannot meet market demand."
Cheng Biao understood. The other party's tactic was the same as that of popular tourist attractions: raise ticket prices, reduce the number of customers, and increase profits instead of decreasing them.
"Who told you to raise the price!" Cheng Biao demanded.
"Uh..." Manager Jin was a little confused.
"No, Mr. Cheng, it's just that prices fluctuate with the market. When we do business, commodity prices must follow the changes in supply and demand. That's the law of the market."
Moreover, with such amazing therapeutic effects, our product could easily have targeted the high-end market from the start, as that's where the industry's profits truly lie!
"Who said we were going to go for the high-end market?" Cheng Biao said, looking at him with a disappointed expression.
"We need to take a long-term view. We are a new pharmaceutical company. Is profit more important, or reputation?"
"This one……"
Manager Jin really wanted to say that profits are important.
Reputation is indeed priceless; it can't be bought with money.
But...it just won't sell...
How many century-old factories have gone bankrupt because they possessed this priceless treasure but couldn't monetize it?
It's not that they don't want to go for the high-end market, but who would buy their products if they weren't famous at the beginning?
Ultimately, they fell into the trap of low prices and high sales volume.
Once they've built a good reputation and want to move into the high-end market, consumers will ask, "Why is it so expensive?" and refuse to buy it! They'll be doomed!
How many products are labeled as low-priced, never able to take the high-end route, and ultimately fade into obscurity?
But our situation is completely different!
Why do you have to break up such a winning hand?
"Look at the internet, so many people are complaining about the price, even scalpers are out there! Those who need it can't buy it, while those who don't need it are hoarding it."
If this continues, what will our image become? Unscrupulous businessmen with absolutely no sense of social responsibility!
Unaware of Manager Jin's disapproving expression, Brother Biao continued to chime in with "I think."
Manager Jin was even more exhausted.
Who sets prices for their products based on online reviews?
This medicine is so effective that people will buy it no matter how expensive it is!
Apple phones are so expensive, yet they're still being criticized while people are still buying them.
Besides, what popular product on the market doesn't have scalpers? The fact that people are scrambling for it proves its quality!
In fact, according to his idea, they should take advantage of this wave of popularity to control production and artificially create market scarcity by playing the hunger marketing game.
That's just how people are sometimes; the rarer and more mysterious something is, the more people will buy into it!
"So, Mr. Cheng, you mean... to proactively lower prices and adopt a strategy of low profit margins and high sales volume?"
"Of course!" Cheng Biao said matter-of-factly.
"Look at those e-commerce platforms, JD.com bet on the increasing number of rich people, Taobao bet on the increasing number of middle-class people, and Pinduoduo bet on the increasing number of poor people. In the end, Pinduoduo won..."
This fully demonstrates that in the current economic environment, we need to pay attention to low- and middle-end users!
So I've decided! We'll immediately use the money in the account to add production lines and purchase raw materials. In short, we must meet market demand as quickly as possible! We want to ensure that everyone who needs our products can buy them!
Manager Kim barely suppressed the urge to shout, "My lord is so foolish!"
What kind of example are you using? We're dealing with pharmaceuticals! Pharmaceuticals!
Can it be compared to other e-commerce platforms?
When you take medicine, do you consider its effectiveness or its price?
Imported drugs are expensive, right? But they still sell like hotcakes!
But there's nothing I can do; I'm just a manager, and the final decision rests with the boss.
Forget it, expanding market share and building Liangshan Pharmaceutical's reputation as soon as possible isn't entirely without benefits.
If handled properly, it's not impossible to recover the lost profits...
"So, what price do you think would be suitable?"
"You can calculate the pricing yourself. I only have one requirement: our profit margin cannot exceed this number!"
Cheng Biao held up two fingers.
"20%..." Manager Jin nodded with a pained expression.
Although the price has been drastically reduced, if sales pick up, the profits should still be quite considerable.
"What 20%? I meant 2%!"
Manager Jin: "..."
No, Mr. Cheng, let's skip the broken bones.
Are you planning to sell the elixir of immortality like candy?
……
Seeing Manager Jin walk out of the office looking utterly dejected and questioning his existence, Ah Xing felt a pang of pity.
"Brother Biao, this is such a profitable business, are we really going to keep messing around like this?"
Even Ah Xing, who doesn't understand business, felt that Brother Biao's actions were simply like sterilizing the goose that lays the golden eggs...
Cheng Biao sighed helplessly.
"Do you think I want this? But have you forgotten what my destiny is?"
With my current financial luck, if fate decides that I'm intentionally accumulating wealth, I'll have to pay it all back sooner or later, no matter how much I earn!
If we don't want to go back to being penniless, we must stick to the principle of losing money for a hundred years without wavering!
Ah Xing thought about how the company was thriving under Brother Biao's "leadership" and immediately lost his temper.
He could only mutter to himself...
Brother Meng's physiognomy skills are amazing!
Cheng Biao picked up the financial statements on the table, his brows furrowing deeply once again.
The thought of the money in his account jumping up and down at a rate of hundreds or thousands per second made Cheng Biao's eyelids twitch.
I have this feeling that this number might trigger my twisted wealth palace at any moment, wiping me out of everything I've gained overnight...
not enough! not enough!
The welfare bag and security company were already generating tens of millions in profit each month, which was already putting him under immense pressure.
Now, another company, Liangshan Pharmaceutical, seems to be even more profitable...
We must come up with a plan that will eliminate our losses once and for all!
Common-sense, money-losing strategies are no longer effective; I've personally tested them and they're completely useless.
What is a proven way to lose money without risk?
Think hard and try to recall when you suffered the most losses in your eventful life...
Ok? !
Yeah! The biggest loss I ever made in my life was that fishing rod!
Brother Biao's eyes lit up!
I heard that Bitcoin has plummeted recently!
As the saying goes, if you fall down somewhere, go back and fall down there again!
Lessons learned from failure are often more important than experiences gained from success!
"It's decided! I'm going to go all in on Bitcoin with every single profit the company makes from now on!"
"what?"
"What are you 'ah' about? Go! Go open an investment account for me right now!"
“Uh…” Ah Xing scratched his head. Although he didn’t understand, “You’re the boss, so you’re in charge.”
"Then I'll go find Manager Jin right now!"
"No! We can't ask Manager Jin. You handle this yourself!" Brother Biao stopped him.
"Uh...why?"
Thinking of Manager Jin's repeated betrayals, Brother Biao said in a low voice.
"Can't you tell? This person can no longer be trusted!"
Ah Xing: "..."
(End of this chapter)