Chapter 2417
Breaking 5
He Yuzhu rolled his eyes at Lao Niu, finding his ignorant behavior truly embarrassing.
He's going to be in charge of trillions of dollars worth of construction projects in the future, why is he being so petty?
Of course, He Yuzhu only dared to secretly complain about these thoughts.
He actually understood quite well where Lao Niu's surprise came from.
But he had already calculated the revenue of one million in his head before he quoted it.
Even if we have 20,000 visitors today, only 10% to 15% of them will actually buy things here.
That's two to three thousand effective customers.
The key point is that most of the customers who came today were definitely buying large items.
These people primarily purchase items from brand-name stores on the second and third floors.
A watch from a Shanghai watch factory costs two or three hundred yuan, and a television set costs at least four or five hundred yuan.
Those who save money for years and are willing to spend it don't necessarily buy the same thing.
So achieving sales of one million is still possible.
Of course, He Yuzhu was also unsure.
So he bypassed the queue and went straight inside.
The red armband he wore was something that left the customers in line with nothing to criticize.
As soon as he entered, He Yuzhu stood to the side, waiting for the long-faced man inside the stall to finish serving a customer.
He then squeezed into the stall and asked Xu Damao, "Damao, how many deals have you made?"
"Hehe, about ten transactions, and I sold eighteen electronic watches."
The LCD monitor with calendar sold for eight dollars.
Even the regular ones are selling for around ten yuan.
"Leader He, I'd like to invite you to dinner with this leader tonight." Xu Damao grinned so wide his mouth stretched to his ears.
However, Xu Damao still knew to show respect to He Yuzhu when he saw a stranger.
As for why only eighteen yuan were sold out of ten or so transactions, it's because some people bought the digital watch as a couple's watch.
He Yuzhu waved his hand and asked again, "Forget about dinner, how many do you estimate we can sell today?"
Xu Damao shook his head, pondered for a moment, and said through gritted teeth, "I should be able to sell it for thirty or forty yuan."
If those repeat customers came back, selling it for fifty yuan wouldn't be impossible.
He Yuzhu didn't ask any more questions, but instead patted Xu Damao on the shoulder and said, "We need to provide good follow-up service to our customers."
We can't tarnish the reputation of our large market.
"Don't worry, I've told the customer that it's under warranty and the battery will be replaced within six months," Xu Damao said, patting his chest confidently.
He definitely wouldn't say that this industry is a seller's market right now.
This is still in a large market. When buying big items in a shopping mall, some customers will buy the product even if they know it has some minor flaws.
It's basically three months.
The sales clerks often say: "We guarantee you three months' warranty with the invoice, provided it's not damaged by human error. Let us see it."
The subtext here is clear: the store will stop caring about you after three months.
Within three months, the distinction between product quality issues and human-caused damage is very broad.
Dropping, bumping, getting wet, battery leakage, or being disassembled by someone else can all be considered human-caused damage.
So these days, buying big-ticket items is all about luck.
He Yuzhu's "three guarantees" service, which he established at the television factory, was not implemented by any store in Beijing.
Are we going to cause them trouble?
Of course, the electronics factories in Beijing that He Yuzhu managed were involved in exports.
They did an excellent job in terms of quality.
However, some factories' products are doing well these past few years, but who knows what will happen in a few years.
Otherwise, how could an appliance company have smashed refrigerators to guarantee quality three or four years later?
He Yuzhu pointed to the price tags that Xu Damao had placed in the counter, and then walked forward.
Old Niu, following behind He Yuzhu, also silently began to calculate. The LCD watch was priced at 160, while the ordinary digital watch with a black plastic case was priced at 80.
Lao Niu knew very well that this price was not expensive in the Beijing market.
The LCD TVs in Xiushui Street are priced at 200 yuan, and the regular ones are priced at 100 yuan.
In other words, that small stall just now made more than two thousand yuan in business.
The key point is that this is really a small part; the big part is the brand-name appliances mentioned above.
So when He Yuzhu said that today's turnover could reach one million, he wasn't just bragging.
Of course, He Yuzhu hadn't calculated the profit for Lao Niu yet, otherwise Lao Niu would have been shocked.
Xu Damao knew exactly where he bought the goods; he didn't buy anything cheap.
Some of these are legally imported, and with 150% tax added, the cost price drops to 30 or 40 yuan.
However, it's estimated that some of these products also come from shady businesses.
That one is half the price.
Including LCD displays.
He Yuzhu only told Xu Damao not to be too flashy, but it was impossible to completely forbid him from doing so.
Therefore, Xu Damao can earn an average person's annual salary from just one morning's business.
Let alone inviting He Yuzhu to dinner, Xu Damao would probably be willing to lend his wife to He Yuzhu for a few days.
A highly profitable business.
What He Yuzhu didn't notice was that Xu Damao, standing behind the counter, was trembling uncontrollably.
He knew he had made a profit this time.
Even if we wait until the three-day promotional period ends and customer traffic returns to normal, with the current popularity, selling four or five yuan worth of goods a day would already be a huge profit.
The key point is that his family acquired two stalls.
The son and daughter-in-law across from them were already grinning like idiots, drool dripping from their mouths.
This is another treasure trove that He Yuzhu has given to the Xu family.
Later generations find it hard to understand such exorbitant profits.
But these are the norm these days.
These days, if you're going to do business in electronics, who the hell would want to do business with you if you don't get a 50/50 profit margin?
The biggest advantage He Yuzhu has in setting up this large market is that he has solved the problems of legal operation and customer acquisition.
Once these two problems are solved, those who can rent a stall will be able to make money effortlessly.
As He Yuzhu walked further in, he was greeted by a constant stream of greetings.
They mostly called him Principal He. When He Yuzhu saw someone he recognized, he would nod and then go up to ask a question or two about how business was going.
Almost every stall owner was like Xu Damao, grinning from ear to ear.
Of course, such a large market cannot consist entirely of electronic products.
There are not even 500 varieties on the market.
So there were some stalls that He Yuzhu didn't even know what they were selling.
In short, if you have goods, you don't have to worry about selling them.
The market uses a system of separating payment from goods. You get a receipt at Xu Damao's stall, then queue up at the cashier to pay, and finally come back with the cashier's invoice to pick up your goods.
In this way, He Yuzhu could easily grasp the overall situation.
People would come to report to him from time to time.
"Breaking through 100,000..."
"Breaking through 200,000..."
"Sales revenue exceeded 500,000..."
···
He Yuzhu was numb.
Sitting in his office, he looked like a clay statue. (End of Chapter)