Chapter 715
: Endorsement Fee Exceeding 100 Million Over 5 Years!
As January arrived, everything seemed to speed up.
Things that couldn't be pushed forward before were pushed forward at this time, and the long-overdue payments were also deposited into Jinli's account at this time.
This settlement pertains to the payment period for the Yajun Watch Tiger Series co-branded collection.
The twelve zodiac animal watches became Yajun Watches' flagship product as soon as they were launched.
The craze even overshadowed its evergreen "Gift" series of watches.
She didn't know how the other twelve zodiac animal designs were selling after a quarter of sales.
Jinli knew about the sales volume of the Tiger series because Yajun provided very detailed sales data.
Combining domestic and international sales data for a quarter, plus the fact that Jinli had the hit movie "Counterattack" to her name at the time, and various self-media bloggers promoting her for free...
Even though the Tiger series Ya Jun didn't receive much promotion, the popularity of Jin Li and word-of-mouth marketing on the internet made her the most dazzling product in the Chinese Zodiac series.
Therefore, in just one quarter of domestic and international sales, the Tiger series shipped 350 million units!
This is just a simple set of data. Ya-jun is still compiling more detailed data to ensure it is accurate to the single digit.
Although 350 million units have been sold, it does not mean that Jinli will be able to receive sales dividends for 350 million units in this settlement.
One issue is the payback period.
Even if Ya Jun produces and sells all of it herself, she can't immediately get the money after selling so much.
It first needs to settle the inventory orders placed by factories, distributors, and stores.
In addition, there is an after-sales cost. If the watch is damaged and has to be scrapped within a certain period of time, the proportion of scrap must also be taken into account.
Therefore, Jinli's compensation was settled in installments, with the first installment being 10 billion.
If everything goes smoothly and without any problems, Ya Jun will settle 55 billion with her within three years.
But this is the best possible outcome.
When the final settlement comes out, everyone knows it might not be that much.
Nevertheless, this amount is enough to make many people blush.
The boss's small goal was to earn 100 million yuan. Jinli earned 55 billion yuan in one quarter simply by launching co-branded products with luxury brands and participating in sales profit sharing.
Upon hearing this amount from Sister Fang, Jinli's first thought was that she could retire on the spot.
She said it jokingly.
This drew Sui Lingfang's utmost attention; she looked at her nervously and asked cautiously:
Are you really thinking about retiring?
“If you really want to retire, could you tell me three months in advance? I haven’t filled your schedule too much; three months is enough time for me to handle most of your engagements.”
"However, some brand endorsement contracts have a relatively long term, so in order to secure a brand endorsement, you still have to make appearances in the entertainment industry from time to time."
Jinli looked at Fangjie in surprise, "I was just joking, how come you seem to have been prepared all along?"
Sui Lingfang said helplessly, "If you have a very Buddhist artist under your management, who donates the money she earns from time to time, treats money as nothing, and has low demand for other material things, for a while I dreamed every day that she would retire at any time."
She paused for a moment, then said, "I'm sure you'll make plans soon too."
Jinli smiled helplessly, "Sister Fang, it's really not that serious."
Sui Lingfang said with a smile, "It's okay. I'm ready at any time. Just let me know in advance when you want to quit."
She might try to persuade other artists, but with Jinli, there was nothing she could do.
Other artists struggle in the industry, always with a powerful figure dangling in front of them, hoping to gain greater honor and status, but Jinli lacks nothing.
She already has the honors, she just lacks an award, but she's not someone who's particularly eager to win one.
Her previous films weren't entirely without a chance of winning awards; the organizers had hinted at this to Morning Light Entertainment and the film's director.
Even investors have come to inquire whether they should put in some effort to win the award, but Jinli has refused them all.
She always believed that as long as she was perfect, the award was rightfully hers, and it would definitely belong to her.
No matter how much money you spend, it's useless; the audience's eyes are discerning.
As for money, with Ya Jun's dividend payment, she is no longer short of funds.
So, the only thing Jinli can still strive for in the entertainment industry right now is to compete for awards.
If Jinli wins the grand prize, Sui Lingfang's anxiety will probably die completely.
Nevertheless, Sui Lingfang maintained a good attitude.
After Jinli joined her team, her influence in the company grew, the boss valued her highly, and she also received a share of the profits from Chenxi Entertainment.
In addition to the bonuses that Jinli occasionally gives out, the money she has earned in the past few years is a level that many people can never reach in their entire lives.
Besides Jinli, she also brought several other artists with her.
They've all retired early and are staying in the entertainment industry to earn money for their retirement, so Sui Lingfang is no longer as afraid of retirement as she used to be.
If Jinli really wants to retire, she could plan out a retirement notice for her.
As for Ya Jun, she just transferred 10 billion yuan into Jin Li's bank account today.
The next day, they sent a specialist to Chenxi Entertainment, wanting to deepen their cooperation with Jinli and make her the global spokesperson for Yajun Watches' women's models!
Becoming a luxury brand ambassador in the entertainment industry doesn't necessarily bring in a lot of money, but it represents a huge leap in one's status.
Many celebrities first become spokespeople for luxury brands, then their gigs open up, they gain access to many resources in the fashion industry, and then use these resources to enter higher circles.
Therefore, the endorsement fees for luxury brands are not necessarily very high.
This "high" is only relative.
Some luxury brands' endorsement fees may not even be as high as those offered by top domestic brands with genuine sincerity.
However, Ya Jun Watches really wanted to collaborate with Jin Li, so they offered a very sincere price for the endorsement.
—Global brand ambassador for Yajun women's watches, signed a 5-year contract with a total endorsement fee of over 10 billion!
This is just a basic endorsement. If Jinli is to participate in the promotion of a certain watch brand, there will be an additional endorsement fee.
The collaboration with Jinli on a co-branded watch demonstrated to Yajun Jinli's incredible earning power and strong fan loyalty.
She has a firm grip on high-end clients, in particular!
If it weren't for this collaboration with Jinli, Yajun wouldn't have known that Jinli had so many high-end fans.
Jinli usually doesn't stand out, always dressed in basic styles and never wearing expensive jewelry. How come her high-end clientele is so impressive?
Only then did they understand why Tiangong Jewelry had partnered with Jinli and signed her as their global spokesperson.
With such a knack for monetizing jewelry, everyone has to say it's impressive.
Sui Lingfang was already somewhat stunned when she saw the endorsement fee of over 10 billion yuan over 5 years.
So many luxury brands have collaborated with Jinli, but Yajun's endorsement fee is far higher than that of other brands. This shows that Yajun really wants to work with Jinli and keep her on her side.
Seeing that Sui Lingfang hadn't spoken for a long time, Ya Jun's specialist became a little anxious and gave a hint.
"If you don't want to just take the endorsement fee and want to continue participating in sales commissions, that's negotiable. Anything is possible!"
Sui Lingfang snapped out of her daze. "I need to discuss this with Jinli. I'll give you an answer in a few days."
The specialist said, "I live nearby, so feel free to contact me if you have any questions. I think face-to-face communication is more efficient than online communication."
Sui Lingfang nodded: "Okay."
Because Ya Jun's offer was so generous, and since Jin Li was about to have her winter break and needed to fly back to Chenxi Entertainment, she didn't rush to the capital. Instead, she waited two days until Jin Li returned before discussing things in detail with her.
Jinli had just left school and returned to Nancheng when Yajun gave her a surprise.
She remained calm when Ya-jun wanted her to become the global ambassador for women's watches.
The success of the collaboration is undeniable. Any executive with a discerning eye would want to sign her as their brand ambassador and have her endorse their entire product line.
This endorsement fee is truly impressive. Not only is the contract for 5 years, but the endorsement fee also exceeds 10 billion yuan.
Sui Lingfang said excitedly, "The people Ya Jun sent gave me a hint that if you are not satisfied with the endorsement fee, they can also use a profit-sharing method."
Jinli pondered for a moment, then shook her head.
"No need, let's just go for pure endorsement. If I continue to participate in sales commissions, the amount I get will be too much."
There's no unity within Ya Jun's organization; there will definitely be people who are jealous and envious, and they'll attack me, putting me in a very passive position.
Sui Lingfang frowned and said with a serious expression, "That's possible, after all, your co-branded products were a huge hit this time."
If the products that participate in the sales profit sharing later on, even if they don't all reach that level, as long as they reach half of that level, you can still get profit sharing far exceeding the endorsement fee.
Moreover, and crucially, Ya Jun's women's watch brand has already established its reputation. The higher-ups might not necessarily attribute all the credit to you. If you continue to receive such a large sum at that point, you could very well run into trouble.
When it comes to business competition, you can never be too cautious.
In the entertainment industry, celebrities are already fiercely competing with each other for resources.
When it comes to business competition, it will only be more brutal.
But this was just an excuse Jinli used.
She had observed Ya Jun's fortune; although sales of women's watches would continue to improve, her fortune would remain stable for the next five years.
Stability means it won't become a huge hit, meaning they won't produce another watch as popular as the Tiger series.
Since there aren't any watches that are selling exceptionally well, there's no point in participating in sales commissions.
If she really wants to make money, she'll definitely make a big profit.
Jinli finished reading the contract and, based on her intuition, felt that the terms of this version of the contract were already very good.
However, signing a contract is not something that can be done on the first try. Both parties need to continue negotiating back and forth to demonstrate their commitment to the cooperation.
So she said, "I accept all the conditions, including the non-compete agreement. Once I become the spokesperson for Ya Jun, I will not endorse any other watch brands."
Please review the other contract details; I have no objections.
Sui Lingfang: "Okay."
She asked about something else, "You're resting here for three days, does that mean you have to go to the film set to shoot?"
As soon as Gu Cheng and Jin Li's winter vacation started, the crew of "Desperate Counterattack" immediately began filming, fearing that they would not be able to secure their schedules and that filming would be delayed until the summer vacation.
As the absolute male lead of this drama, Gu Cheng had to keep filming even if he had to ask for leave from school.
But Jinli is different.
Her role wasn't large, and filming was completed in about a week.
If you don't book your time early, you'll miss out.
Jinli: "Yes, I flew to the film and television base three days later, and I had my scenes to film on the day I arrived."
Sui Lingfang raised an eyebrow. "If you're in such a hurry, why don't you fly there a day earlier? You can rest for a night after landing and recharge your energy."
Jinli shook her head and said with a smile, "Gu Cheng told me not to go early. If I go early, the director will trick me into filming."
She added, "Yes, he arrived at the film set two days early, intending to rest, but the director tricked him into filming that very day."
The director is an impatient person, always rushing around, and can't stand seeing others resting too comfortably.
Sui Lingfang laughed and said, "So that's how it is. No wonder you weren't in a hurry at all. As long as you're not in a hurry, it's the director who's in a hurry, haha!"
Jinli smiled and said, "I'm really looking forward to this collaboration. Director Zheng and Director Chu have different styles, but they have both made a name for themselves in the field of special effects films."
I'd like to know how special effects films made in China will be produced.
Director Zheng Chengxin is a typical mainland Chinese director trained in acting, and has never worked abroad.
Therefore, the special effects films he makes have a strong sense of Eastern culture.
Chu Chenliang is different.
He also came from a mainland Chinese acting school, but after graduation he went abroad to study and worked odd jobs on several foreign film crews, where he was exposed to the industrialized blockbuster model of foreign films.
Therefore, his style is somewhat influenced by foreign narrative concepts.
It's very enjoyable, but the core concept is just average.
"Dawn" is his best film as a director, and it is also considered by domestic fans to be the one with the most profound ideological core.
However, in terms of core ideas, it falls short compared to Zheng Chengxin.
Director Zheng's work is actually quite profound, with a strong Eastern flavor, and the special effects are also well done, but it weakens the sense of excitement.
Netizens jokingly said that if the brains of the two directors could be combined, the most powerful special effects film brain would be born.
So Jinli's role in "Desperate Counterattack" is just a cameo, but I'm still really looking forward to this collaboration.
Having finally returned to Nancheng, Jinli spent the last three days comfortably in her spacious apartment without participating in any activities.
On her first day back, Qi Guanmingzhu forcefully moved into one of the rooms and told Sister Fang, "I want to rest too!"
Then she just gave up.
Sui Lingfang had originally wanted to ask her to take on a few more gigs, but when she saw her hiding with Jinli, she was speechless.
Fine, let her be lazy for three days.
As soon as Jinli joined the crew, she arranged a lot of appearances for her.
Jinli is working diligently on set, so as her friend, she should also work hard!
Qi Guan Mingzhu and Jin Li chatted for a long time, and their conversation drifted to the film "Return to Youth," which was set to be released the next day. (End of Chapter)