Rebirth, I am the most powerful business tycoon

Chapter 218

The Waltons.

That is a super big family in the department store industry.

If even the Walton family is not qualified, I’m afraid there is no other family in the United States that is.

Founder of Walmart in country m: Sam Walton!

From the outside, Sam Walton is an ordinary guy.

He grew up during the Great Depression in country M and served in the military during World War II. It was this unknown man who later founded the world’s largest retail company.

Sam has a strong sense of competition and adventurous spirit. He realized that in order for Wal-Mart to succeed, in addition to providing customers with low-priced goods, it must also exceed customers’ expectations for quality service.

Sam devoted his life to this ideal.

He motivates and inspires his employees and practices what he preaches.

Sam has always required himself to be diligent, honest, friendly and frugal.

As Wal-Mart’s business expands, these spirits are still reflected in different countries and cultures.

Today, Wal-Mart is the largest retail supermarket in the United States.

All over the United States.

Last year alone, annual sales exceeded US$40 billion, making it one of the largest retail companies in the world.

It can be said to be a veritable giant.

Jiang Feng, who was standing in the crowd, was also a little surprised. He didn’t expect that the man was from the Walton family. No wonder he was so calm and composed.

On channel sales.

Who can compare to opening stores in Wal-Mart supermarkets across the United States? interesting.

Unexpectedly, a great god came.

Looking at the bearded man, Jiang Feng muttered with a smile on his face.

He said a few words to Liang Botao.

Jiang Feng left the venue.

Press conference site-

“Mr. Knight, can I get to know you? I am from Starla Electric. My name is Pete!”A big white fat man stretched out his hand hard, wanting to shake hands with Knight and get to know him.

“Mr. Knight, I am an agent for traditional home appliances, and I have always hoped to be able to enter your supermarkets and department stores. If you have time, I will treat you to a cup of coffee!”A thin black man stood on tiptoe anxiously and handed over his business card.

“Mr. Knight, my name is Freeman!”

“Mr. Knight, my name is John Xun!”

“Mr. Knight!”

“Nate!”

Nate Walton, who was originally looked down upon, despised, and regarded as a down-and-out, instantly became a celebrity in the entire meeting.

After the meeting, the wealthy home appliance agents swarmed in, wanting to I need to take the opportunity to get to know Knight, the heir to the Wal-Mart Group.

Also, what kind of company is the Wal-Mart Group?

There are thousands of their large supermarkets all over the United States and the world.

If you can get the home appliances you represent to Wal-Mart, then you will get The profit will be an unimaginable figure.

No one in this world can live with money, so these people are surrounding them like crazy.

Knight has no interest in these people, and waved his hand, signaling the bodyguards to drive away these flies. The bodyguards also worked very hard and forcibly kicked everyone out.

For them, as long as Knight spoke, not to mention ordinary businessmen, even the president they dared to kick out.

With the support of the Walton family, let me ask Who dares to do anything to them?

Those M country guys who wanted to flatter themselves dared to get angry but dare not speak out. After a while, they were kicked out.

Soon, only Knight, Steve and Zhao Xicheng were left on the scene.

At this time,

Liang Botao also stood up at the right time, and said to the three of them with a faint smile:”Gentlemen, my boss has invited you, please come with me.”

Nate and Steve nodded and followed.

Zhao Xicheng turned around and wanted to say something to his daughter.

He didn’t say anything.

Zhao Anji smiled and said,”Dad, I’ll go with you.”

Ten minutes later.

In the presidential suite of the hotel,

Jiang Feng met with three agents.

He glanced at the young woman next to Zhao Xicheng.

Then, Jiang Feng turned his eyes to the three of them.

“Everyone, let’s make a long story short. First of all, I am very happy that you have chosen to represent Blue Mountain VCD!”

“In order to avoid malicious competition, what I mean is to adopt a unified selling price. We will give a unified external retail price.”

“You can fluctuate up or down this retail price by no more than 10%…….”

Jiang Feng originally planned to use direct sales, such as directly supplying goods to Wal-Mart supermarkets.

But if you think about it carefully, the checkout cycle is too long.

Far less cost-effective than a one-time deal.

The purpose of vcd is to make money in the early stage.

Once, other manufacturers have developed vcd.

If there is a price war, profits will be reduced a lot.

Rather than that, it is better to adopt the agency model and sell goods directly to agents.

This way the account period is short.

It also reduces a lot of things, he only needs to transport the goods to country m. certainly.

This will definitely dilute some profits.

For example, the retail price of a VCD in country m is US$799, so the agent’s purchase price may be between US$600-650.

Everyone had no objections to Jiang Feng’s proposal.

As Jiang Feng said, adopting a unified selling price can indeed avoid competition with each other.

At the same time, the retail price fluctuation is no more than 10%, which means they have the ability to adjust prices independently.

For example, if you are in a hurry to clear inventory, you can get a discount of dozens of dollars. In short, as long as it is within 10% of the retail price.

“Mr. Jiang, I wonder how much the franchise fee is? In addition, are there any requirements on the quantity of goods to be obtained? And how much discount can we get on the price?”

Looking at Jiang Feng, Zhao Xicheng asked several key questions in succession.

Steve and Knight also looked at Jiang Feng.

Huh?

After pondering for a moment, Jiang Feng slowly said:”As for the franchise fee, a one-time charge of 200 million US dollars is required.! As for the quantity of goods purchased, in principle, the number of goods purchased per year cannot be less than 3 million units.”

“As for the purchase price, it can be written into the contract, 75% of the retail price%！”

If you want the horse to run fast.

You must give the horse something sweet to eat.

And the profit of 25% of the retail price is the bait thrown by Jiang Feng.

For example, the retail price of a VCD is 799 yuan.

Then their purchase price is $599.25, which is $600.

They can make a profit of $199 per unit.

Of course, the actual profit is definitely not that high, and you have to deduct the transportation costs from the port to the store, as well as various labor costs.

It is estimated that one can cost 130-150 US dollars.

Selling 10 million units a year is equivalent to a profit of US$1.3 billion.

The three of them are all human beings. After thinking about it carefully in their minds, they can figure out how profitable this business is.

“In addition, in terms of content, I have reached agreements with major Hollywood film companies, so you don’t have to worry about content.”

“Regarding the content, the price is the same as that of vcd”

“Your profit margin is around 25%.”

After looking at the three of them, Jiang Feng said with a smile on his face.

The three of them looked at each other.

They all nodded and agreed to Jiang Feng’s plan.

Next, they discussed the details.

After agreeing to formally sign the contract tomorrow, Nai Te and Steve successively bid farewell

“Mr. Jiang is very calculating.”