Chapter 1799: The situation is terrible (part two)
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However, there were no new sales reports from Liu Tianyi’s side, but fatty Lai saw the promotion for miracle doctor Kang’s medicine company first! To celebrate the release of miracle doctor Kang’s Rheumatology and gastritis medicine-all customers who bought miracle doctor Kang’s weight-loss medicine, golden creation limited edition, Rheumatology and gastritis medicine during the event will be able to enjoy the buy one free one!
In other words, the consumers who bought these four medicines could get a bottle of miracle doctor Kang’s golden creation or a bottle of pain killer! Golden creation and pain killer were also buy two get one free! In other words, if he bought two bottles of jinchuang medicine or two bottles of pain killer, or one bottle of jinchuang medicine and one bottle of pain killer, he could get another bottle of jinchuang medicine or pain killer!
This way, fatty Lai’s sales tactics were completely useless. Even if they lowered the price, it was just a buy one get two free deal. Not only was the total price one Yuan higher than miracle doctor Kang’s medicine company, but they didn’t have as many choices as miracle doctor Kang’s medicine company. The brand wasn’t even as established as miracle doctor Kang’s medicine company!
Fatty Lai was at his wit’s end in this situation. The current price was still a distance away from the cost price, but a product’s cost couldn’t be counted as just the cost. It had to be calculated according to the wholesale price minus the cost price and then minus the marketing and advertising costs to be the final profit.
But now, buy one get two free, there was basically no profit to be made. He couldn’t just let the retailer’s pharmacy sell for free, right? You should at least leave a certain amount of profit for others. Otherwise, who would sell your products?
Fatty Lai had already expected this from miracle doctor Kang, but he couldn’t do anything about it. He had no choice but to sell his stock at a low price. The money he had was only enough to pay the workers this month, and the new production line had stopped working long ago.
Compared to fatty Lai’s difficulties, miracle doctor Kang’s family was celebrating. After such a long time, under miracle doctor Guan’s pressure, they finally fought a beautiful comeback and got back miracle doctor Guan’s market share!
Golden creation and pain killer were consumables, but they couldn’t be bought every day. Each store would only buy them once or twice in a period of time. However, there would always be people who went to buy miracle doctor Kang’s weight loss medicine or Fengshi cream, or even the limited edition golden creation medicine or special medicine for gastritis. The gifts from these medicines were enough for the family to use.
With miracle doctor Kang’s strong promotions, not many people chose miracle doctor Guan’s medicine company’s products. House Liu looked at the mountain-like inventory and felt worried. Most of the refunds from distributors were paid by house Liu, since fatty Lai had no money left, and all his money was spent on building the production line.
However, no matter how rich house Liu was, their liquid funds were limited. Faced with the increasing number of refunds, house Liu had emptied out all their assets. This caused some internal strife within house Liu!
...
The first to be unhappy was the second son of the Liu family, Liu Tianli.
“Father, it’s only a matter of time before miracle doctor Guan’s medical company goes bankrupt, why should we invest more money in it? This money will never come back!” Tianli, who was in charge of the business, naturally objected to the idea of losing all of their assets.
“Tianli, What is this?” Zhenhu shook his head,”you didn’t attend the noble House meeting. You don’t know how important Lin Yi is to us. As long as he’s back, everything will be fine. You’ll earn back the money you lost!”
“What if Lin Yi doesn’t come back? Even fatty Lai said that he can’t contact Lin Yi, who knows where he’s gone?” “Father, that Lin Yi may be a practitioner, and he’s strong, but house Liu doesn’t have any practitioners. We’re just a business. If we go bankrupt because of this, then in the future ...”
“Alright, Tianli, that’s enough!” “No practitioners now, but that doesn’t mean there won’t be in the future!” Zhenhu said with a wave of his hand. I think Jingjing is a very good seedling. I heard that miracle doctor Lin is also an Alchemist. If he can make a foundation building pill and we get one for Jingjing, then when Jingjing becomes a master, our Liu family will really be able to rise up to the ranks of the cultivators Association. This will be the foundation for our future!”
“...” Tianli wanted to say something, but he gave up after hearing his father’s words.
“Tianli, you have to know that sending charcoal in the snow will be remembered for a lifetime, but adding flowers to a brocade will only bring temporary benefits ...” Liu Tianyi said.”Miracle doctor Lin isn’t back yet. If we help fatty Lai now, he’ll definitely remember our kindness. But if we don’t do anything now, then in the future ... Hehe, house Yu used to be so powerful, but now they’re either dead or disabled. Only the disabled Yu kun and Yu Haitian are left to take over the house. Although house Yu’s assets are enough to make them rich for the rest of their lives, it’s impossible for them to become a Noble House again. ”
Tianli’s expression was a little uncertain, but since his father had said so, he nodded.”Alright, but our family doesn’t have much money left. If this continues, I’m afraid we won’t be able to last long ...”
Zhenhu didn’t care about his family’s wealth, but he knew how serious the situation was after hearing what Tianli said. He couldn’t help but sigh,”Jing Jing, what do you think?”
“I’m going to throw everything I have into this. ” Jinghan thought about it. “We have no way out. We can either back out now or hold on until the end. Once Lin Yi makes a comeback, he’ll treat us well.”
“But ... What if he can’t make a comeback?” Tianli asked.
“At most, we’ll just start from the beginning ...” Liu Jinghan shrugged and turned to Liu Tianli,””Dad, don’t worry. If we really lose everything, we can start over again as father and daughter!”
Tianli nodded. Since his daughter had said so, he had to continue supporting fatty Lai.
The wholesale price was very high at the beginning, but now that the price had dropped, even if the distributors didn’t return the goods, house Liu would have to compensate them for the price difference. Fatty Lai couldn’t afford to pay for this because all his money had been invested into the new production line and factory construction, so only house Liu, who was the main distribution channel, could afford to pay for it.
However, as more and more people returned the goods, not only house Liu, but even fatty Lai was getting anxious!
Miracle doctor Guan’s company was glorious, but they were still too inexperienced. How could they compare to the established miracle doctor Kang’s company? The results of this market competition were set in stone-miracle doctor Kang was the winner!
Every day felt like a year for fatty Lai, but he clenched his teeth and persevered because he believed that all his problems would be solved once Lin Yi returned. (To be continued.)
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