Chapter 29: Sold Out
Prime Minister's Mansion in Wudu City
Changsun Lang finally became Prime Minister Changshi, which made Changsunxiao so happy that he even forgot about Li Fei's death.
The entire Prime Minister's Mansion was decorated with lanterns and streamers, creating a joyous scene.
In the past few days, Changsun Xiao also passed on his tactics in the court to Changsun Lang without reservation, hoping that Changsun Lang would one day inherit his position as prime minister.
While Chang Sun Lang was assisting Chang Sun Xiao in his work, a servant hurriedly placed a few pieces of cloth in front of Chang Sun Xiao, then walked up to Chang Sun Xiao and whispered something in his ear.
The eldest grandson was stunned for a moment, then laughed loudly: "This Yu Hao is still too young. Now I am afraid that all the family property left by his father will be lost to him!"
"Father, why are you so happy?"
"Do you still remember what my father told you about Yu Hao?"
"Remember, Yu Hao is the only son of Yu Yi, Duke of Yue." Changsun Lang thought for a while and said.
Chang Sunxiao nodded and said with a smile: "This guy has set up a textile workshop, and now the first batch of goods has come out, and the linen and cotton are actually being sold at 70% of the market price!"
Changsun Lang picked up the fabric on the table, rubbed it with his hands and said, "The quality of these fabrics is much better than those on the market. Yu Hao did this because he wanted to seize the market with low prices."
"It is precisely because the quality is good that the cost will definitely be higher. This guy is selling at a loss. He wants to use this trick to seize the market in Wudu City. He is still too young! Inform all shops and workshops to stop production.
Hao has collected all the goods for me, and I will collect as much as I have."
Chang Sunxiao's eyes were full of disdain. He naturally didn't expect that Yu Hao's cost was actually only half of the cost of other workshops, and he thought Yu Hao was selling at a loss.
In his opinion, Yu Hao just wants to seize the market with high-end quality and low prices. This may be useful in other places, but in Wudu City, it does not work at all.
In the past few years, Zhang Sunxiao has been using his power to do business quietly. The large and small chambers of commerce in Wudu City have either been annexed by Zhang Sunxiao, or they have been squeezed out by Zhang Sunxiao.
Now that Changsun Xiao had already monopolized the entire cloth business in Wudu City, Yu Hao was giving him money by doing this.
He doesn't even need to produce the cloth himself. He just needs to buy all the goods produced by Yu Hao. When Yu Hao loses money and has to raise the price, he will take out the goods and start a price war with Yu Hao to let Yu Hao.
Hao can't sell any of his goods.
It won't take long for Yu Hao to go bankrupt, and he can raise the price of cloth and make a lot of money using the goods purchased from Yu Hao.
As for the emperor, let’s not talk about whether it is credible that Yu Hao was doing business under the orders of the emperor. Even if he really had something to do with the emperor, his eldest grandson Xiao would not be afraid.
Although Changsunxiao's business has spread all over the world, he has never come forward in person. He is always controlling things behind the scenes. Even if they are investigated, they will not be able to find him.
"Lang'er, I'll leave this matter to you. As soon as Yu Hao's goods come out, I will buy them as soon as possible. I want to see how much money this kid has to lose like this."
"Father, don't worry, your child will do his best!"
…
As soon as Yu Hao returned to the textile factory, Li Shihan told Yu Hao that all 60,000 pieces of cloth had been sold!
"The cloth produced by our factory is good and cheap. Just after it was shipped to Wudu City, several cloth shops took it all away." Li Shihan smiled so hard that she could not close her mouth. She was really happy to be able to sell all the cloth.
.
This actually surprised Yu Hao. He didn't expect that the other party would take action so quickly.
A few days ago, when Li Shihan and maid Chunlan gave Yu Hao their market research report, Yu Hao concluded that the cloth business in Wudu City should be monopolized by someone.
This is because all the cloth shops in Wuducheng basically increase and reduce prices together, and the quality and style of cloth in each cloth shop are similar.
In the words of the previous life, these pieces of cloth are clearly from the same brand.
To be able to monopolize the cloth business in Wudu City, the power behind this person is definitely not small.
Yu Hao's textile factory has just started, with insufficient funds and no own shops. It is really difficult to seize the market.
So Yu Hao came up with such a plan.
First sell it at 70% of the market price, giving the other party the illusion that Yu Hao is seizing the market at a loss and making the other party relax their vigilance.
The quality of Haoyue Textile Factory's cloth far exceeds that of ordinary cloth, and the price is so low that the other party will definitely buy it in large quantities.
Moreover, the other party will definitely not sell the purchased goods immediately, but will wait until Yu Hao loses money and has to raise the price before taking them out, so that Yu Hao's cloth cannot be sold, and Yu Hao will be completely removed from the market.
Squeeze out.
However, no matter how smart the opponent is, they cannot imagine how low Yu Hao's cost is. This is Yu Hao's biggest trump card.
Even if 70% is sold, Yu Hao will still make a huge profit. With this money, Yu Hao can buy one store after another and form his own chamber of commerce.
At that time, I will reduce the cloth to 50% of the market price, produce and sell it through my own store, skipping middlemen and selling it directly to the people.
This will not only quickly seize the market and allow people to actually wear cheap clothes, but also make the other party lose a lot of money and break the monopoly.
Simply kill three birds with one stone!
"Shihan, how much profit will we make this time?" Yu Hao thought for a while and asked.
"According to your request, my lord, linen and cotton are sold at 70% of the market price. The price of silk and satin is not reduced. Excluding costs and miscellaneous expenses, our 60,000 pieces of cloth have made a total of 30,000 taels of silver!"
With that said, Li Shihan took out a thick stack of banknotes from her sleeve and stuffed it into Yu Hao's hand, with uncontrollable excitement on her face!
In just half a month, he had already earned thirty thousand taels of silver, which Li Shihan could not even imagine.
When my father's chamber of commerce was at its peak, it could only earn 30,000 taels of silver in half a year.
If she could have met Yu Hao earlier, the Chamber of Commerce might not have gone bankrupt and her father might not have committed suicide.
Thinking of this, Li Shihan suddenly became sad.
Yu Hao counted them and put half of the banknotes back into Li Shihan's hand, "These are the fifteen thousand taels I owe you. I have done what I promised you."
Li Shihan was stunned, then waved her hands and said: "No, no, no, according to the contract, you only need to give me 30%, which is nine thousand taels."
The original contract drawn up by the two was that Yu Hao would give Li Shihan three shares of all profits from the textile factory. If Li Shihan did not receive more than 15,000 taels in dividends within six months, then Li Shihan had the right to take back the cottage.
But now it seems that the dividend of fifteen thousand taels will be realized in a short time, so Li Shihan is not in a hurry at all.
"Take it if it's given to you. You have worked hard during this period, and the rest can be regarded as a bonus for you! Besides, aren't you still waiting for the money to pay off the debt? If you don't accept it, you won't give me face.
Be careful, I will deal with you!" Yu Hao said with a straight face.
During this period, Li Shihan's efforts were seen by Yu Hao. If Li Shihan wasn't helping Yu Hao manage the textile factory, Yu Hao would have no time to study other things.
So even if he gave Li Shihan an extra six thousand taels of silver, Yu Hao didn't feel bad at all. She deserved it!
Chapter completed!