noffsinger Chapter 69 Cousin, Your Cousin Will Help You Manage the Family Business 8
Chapter 69 Cousin, Your Cousin Will Help You Manage the Family Business 8
"How much is this?" The customer picked up a piece of jewelry and examined it with great interest.
"These pieces of jewelry are truly beautiful, and the craftsmanship is excellent. Where did you get them from? Would you sell them for eight taels of silver?"
Hua Wenhao was considering whether to quote the previous price of ten taels of silver or to lower the price to less than five taels of silver.
Unexpectedly, the customer took the initiative to ask if he would sell it for eight taels of silver.
With eight taels of silver, he recouped his initial investment and even made a profit of three taels of silver.
"Sure, sure, eight taels of silver."
"These pieces of jewelry of yours are all very nice, I'd like to take them all, but could you sell them to me at a lower price?"
"You want them all?" Hua Wenhao hadn't sold a single piece of jewelry before, but now he'd sold them all.
"Are you sure? You want all of them? These pieces of jewelry aren't cheap."
Hua Wenhao confirmed.
“I want them all. These are all good things. To be honest, I run a jewelry shop, but the craftsman resigned, and my shop stopped supplying jewelry.”
So I thought I'd look for new sources of goods.
To be honest, I could sell all these pieces of jewelry for at least ten taels of silver in a shop.
I need to make a profit, so I'll take them all. Could you lower the price a bit and give them to me for seven taels of silver?
Hua Wenhao believed what the guest said to some extent.
These pieces of jewelry can indeed sell for ten taels of silver in the shops here.
That's why he got in.
But he didn't expect that without a shop, his goods wouldn't fetch high prices.
They're all stuck with me.
"If you don't believe me, you can go to my shop and take a look. It's on the street just ahead."
Hua Wenhao agreed, and decided to take a look at the jewelry in the shop.
Hua Wenhao packed his things and followed the customer into the shop.
This is indeed a jewelry shop.
However, there weren't many pieces of jewelry inside.
A customer came in, looked around, complained that there weren't enough jewelry options, and left.
"I'm sorry to have embarrassed you. My master left, so I haven't been able to make any new jewelry, and I haven't been able to find a suitable master since."
Your jewelry is all very nice; I'd like to buy some to put in the shop.
Hua Wenhao agreed.
They sold all their jewelry.
He can't do anything with it if he holds it in his hand.
Although the price wasn't as high as I had imagined, I still made a profit.
It's just that they earn relatively little.
When a guest came in, saw the jewelry, and immediately took it out of interest.
I bought it on the spot.
Twelve taels of silver.
He bought it for five taels, sold it for seven taels, and the shopkeeper sold it for twelve taels.
He earned two taels of silver, but the shopkeeper earned a full five taels.
If he owned a shop, he could earn seven taels of silver.
This time, he spent a total of three hundred taels of silver to purchase sixty pieces of jewelry.
He earned 120 taels of silver.
But if he had a shop, he could earn four hundred and twenty taels of silver.
The shopkeeper was all smiles and wanted to ask Hua Wenhao where these pieces of jewelry came from.
"Shopkeeper, I bought this from another place. It was a long journey. If you need it, I can bring you more later."
"Sure, sure, no problem. As long as the goods are good, I'll accept them. We'll stick to today's price from now on."
Hua Wenhao felt uncomfortable thinking that the shopkeeper earned so much more than him.
He still has to travel all the way to Yucheng, which incurs costs for both the trip and the return journey.
The shopkeeper made so much money just by reselling it.
But what can he do when he doesn't own a shop?
Buying a shop isn't easy; prices are high in Jiangnan, and shops are expensive too.
He can't possibly spend all his money on buying a shop.
He had no capital for these things, let alone the ability to run a business.
Moreover, the shop requires hiring staff, which adds to the expenses.
He doesn't have that ability right now.
We can only take it one step at a time.
Let him accumulate more funds first, so that he can open his own shop and earn all the money himself in the future.
Hua Wenhao agreed, and he would continue to provide jewelry to the shopkeeper.
Hua Wenhao thought of the tea leaves he still had stockpiled.
Perhaps these teas can also be sold in this way.
Knowing that Hua Wenhao was interested in selling tea, the shopkeeper introduced him to a tea shop he knew.
The tea is good, but the price is not high.
It was only 10% higher than Hua Wenhao's purchase price.
This earns less than jewelry.
However, Hua Wenhao also knew that if he didn't sell them, this batch of tea would remain stuck in his hands.
Earning a little less is a little less, but at least it's still a profit.
Hua Wenhao agreed to sell the tea, and he would no longer touch it, preferring to focus on his jewelry business.
The profit margin is substantial, and the sales volume is truly excellent.
This jewelry shop is basically frequented by people coming and going.
From the moment Hua Wenhao entered until he left, no one else came into the tea shop.
This shows that the business is indeed just so-so.
He has invested all his funds in the jewelry business, and he believes that after a few more attempts, his shop will be ready to open.
Full of energy, Hua Wenhao set off for Yucheng once again.
He had also visited other cities in the surrounding area.
None of these pieces of jewelry are as beautiful as Yu Cheng's.
Especially that shop, I heard the owner had lived in Jiangnan, so he knows best what kind of jewelry is most popular there.
As for any more distant places, Hua Wenhao has no plans to venture there for the time being.
The journey is long, and the travel back and forth is also an invisible expense.
Moreover, he felt it was unsafe to take silver and goods to places that were too far away.
Hua Wenhao went to the same shop again.
This time, I followed the shopkeeper's advice and invested all my funds.
After Hua Wenhao left, the shopkeeper told Jiang Qingyun about it.
Jiang Qingyun calculated his funds and realized he had put all his eggs in one basket.
However, we still need to see if he has any other funds on hand.
Jiang Qingyun wrote to the owner of a jewelry shop in Jiangnan three times, and after that, he took him to do a big business.
They took all the funds from Hua Wenhao's hands.
Hua Wenhao made three trips back and forth, and his funds have now accumulated to 1,500 taels.
He's considering whether or not to buy a shop.
However, there were no shops in good locations, only a few in remote corners, where there was no business at all.
Hua Wenhao was also hesitant.
The shopkeeper quietly pulled Hua Wenhao to the backyard.
He recently came across a way to make a lot of money and asked Hua Wenhao if he wanted to join in.
Having collaborated so many times, the two have become close friends.
This time, the shopkeeper is willing to help Hua Wenhao make a big profit.
They transported the jewelry to the capital to sell.
There is a caravan heading to the capital.
The shopkeeper planned to go together.
The shopkeeper had been there before.
The journey to the capital was long, and carrying so much jewelry without a bodyguard team would easily lead to danger.
The shopkeeper went there once before.
The same jewelry can sell for two to three times more in the capital.
It sells for ten taels of silver here, but in the capital it can sell for twenty or thirty taels of silver.
If the design is novel and the workmanship is good, the price can be even higher.
The shopkeeper was going this time and asked Hua Wenhao if he wanted to go with him.
If you go together, then try to bring in as much jewelry as possible, the more the better.
If he doesn't go, then send him another batch of jewelry, and he can take it with him.
During the time he was away, Hua Wenhao didn't need to come over for the time being.