"dad."
In the morning, Nan Yi had just arrived at the Modan Barracks when Nan Ruoyin called him.
"What time is it over there? Have you not slept all night?"
"Dad, how can I sleep with the pound making such a loud noise?" Nan Ruoyin said coquettishly with a hint of fatigue in her eyes.
Nan Yi smiled faintly and said, "Tell me, what do you want to talk to me about?"
At this time, Nan Ruoyin called, and Nan Yi guessed that she wanted to borrow money.
"Hehe, Dad, you must have guessed it."
"You are such a sly girl, how much is it?"
Nan Ruoyin: "Ten million is not too little, and eighty million is not too much."
Nan Yi thought for a moment and said, "I can give you the authority to use the money of Snow Mountain Trust, but if there is a profit, Snow Mountain Trust will share half of it, and if there is a loss, you will bear all of it."
"Dad, your conditions are too harsh. I'm at a loss." Nan Ruoyin said aggrievedly on the other end of the phone.
"Yes or no?"
"Yes, yes, yes, I want it."
"Silly girl, you only use your clever tricks on me. Send me an email." Nan Yi shook his head and smiled bitterly.
"immediately."
Click, Nan Ruoyin hung up the phone and Nan Yi heard a busy tone from the receiver.
After hanging up the phone, Nan Yi turned on his laptop and connected to the satellite network. After waiting for two or three minutes, Nan Ruoyin's email arrived. He opened it, read it, and forwarded it to Ma Shimin, then a call came over.
After a while, Nan Ruoyin was given access to the Snow Mountain Trust account, and she could use the funds in it at any time.
Like Zhao Shixian, Nan Ruoyin asked Nan Yi to borrow ammunition in order to attack treasury bond futures.
There is only one type of British government bond circulating in the UK's government bond market - a ten-year government bond with a face value of 100,000 pounds and a coupon rate of 6%. This is a long-term debt that is traded in nine delivery years, from the first to the ninth year.
Bonds are closely related to interest rates. Generally speaking, in order to ensure the returns of those who buy government bonds, if interest rates rise, the price of bonds will fall in order to ensure the yield of bonds.
Let’s take a simple example: suppose a treasury bond with a face value of 100 yuan has a coupon rate of 6%, which will become 106 yuan when it matures in one year; but during the same period, the bank’s deposit interest rate is 10%, which will become 110 yuan when it matures in one year. It is more cost-effective to deposit it in the bank than to buy treasury bonds, so who would buy treasury bonds?
Usually, in order to stimulate buying enthusiasm, the interest rate return of treasury bonds must be greater than or equal to savings deposits, but the coupon rate of treasury bonds is fixed. In order to ensure the yield of treasury bonds, a treasury bond with a face value of 100 will be sold at 96 yuan or lower, that is, the price of treasury bonds falls.
If we apply this to the futures market, once there is news of an interest rate hike, it means bad news for treasury bond futures.
Zhao Shixian is betting that Britain will raise interest rates, and Nan Ruoyin is also betting.
“10,000.”
Zhao Shixian typed a string of English words into the chat window. There was no need to specify whether to buy or sell, as the general direction of short selling had already been agreed upon in advance.
Ten thousand contracts have a face value of 1 billion pounds, but the actual price of each contract is 83,124 pounds. With a leverage of 20 times, the margin required for each contract is 4,156.2 pounds... It seems that this doesn't make much sense. Zhao Shixian operated through Jardine Matheson Bank, and it was Jardine Matheson Bank that provided the capital. It was a very close relationship.
Recently, the average daily trading volume of the UK long-term government bond futures market is around 50,000 contracts. Zhao Shixian's operation is considered a big deal, but it can still be digested by the market.
Compared with Zhao Shixian, Nan Ruoyin's amount was smaller. She only sold 2,000 copies, and she operated through Citibank's channels, with Citibank providing leverage.
By 1992, on-site trading with live prices had begun to fade away, and electronic matching became popular. However, for market makers, seats in the exchange and traders in vests are indispensable.
Providing leverage for margin financing is not the main business of Jardine Matheson Bank. This service is just one of the supporting services provided to the bank's customers. It is rare to provide this service separately to new customers. Jardine Matheson Bank's business in securities mainly involves assuming the role of a market maker.
Simply put, a market maker acts as an intermediary between buyers and sellers. For Zhao Shixian's large order, Jardine Matheson Bank's traders first matched it on the electronic trading platform, and then contacted other market makers to contact large buyers of government bonds.
It took about half an hour for the sell order to be executed, and Jardine Matheson Bank obtained a certain spread.
The service fees for spreads and leveraged financing are the money earned by Jardine Matheson Bank. The profit is not much, but it is relatively stable. Although PY Securities and Jardine Matheson Bank are sister companies, if Zhao Shixian is unable to add margin when it is time, Jardine Matheson Bank will treat him like an ordinary customer and force him to close his position directly.
The relationship between the two parties is based on the premise that it does not involve their own interests. Jardine Matheson Bank will provide PY Securities with some convenience within its capacity, and its status is equivalent to that of a VIP customer. PY Securities can also get similar treatment if it switches to HSBC for operation. The only advantage of operating through the channels of Jardine Matheson Bank is confidentiality. Outsiders should not try to obtain information about the operations of PY Securities through Jardine Matheson Bank.
At ten ten, Zhao Shixian took a look at the bond futures market and then glanced at the chat window. No new link appeared, so she switched to another chat window and entered "ten thousand copies" again.
When Zhao Shixian finished inputting, she looked at the market on another screen again and found that a sell order of 2,000 shares had just been completed. She smiled faintly and said to herself, "A total of 4,000 shares. Which Miaoren has the same idea as PY."
Zhao Shixian typed "Check where the selling orders come from" in a chat window, and soon, an English word "Citibank" popped up in the window.
When the time came to half past ten, the troubled chief trader of the Bank of England, Trott, found Pemberton and asked him to do something; Pemberton called Lamont and asked him to do something; Lamont called Major and asked him to raise interest rates, otherwise the pound would be finished.
This time, Major compromised.
After emergency consultations, at 11:30 am, the UK announced a 200BP interest rate hike, from 10% to 12%.
Such a substantial interest rate hike did not bring any upward momentum to the pound. The straight line remained the same straight line. Looking at the straight line, Lamont's heart began to skip a beat. He felt so damn cold.
After finally coming to his senses, Lamont immediately went out to Major's residence.
What strategy the UK will adopt next has little to do with Zhao Shixian. When the news of the interest rate hike reached the bond futures market, the price of government bonds plummeted immediately, especially the government bonds that were 10 years away from delivery. The price immediately fell from 83,124 pounds per bond to around 81,400. This price is in line with the long-term interest rate of 12% and can be considered the true price of the bond.
Although the purpose of hastily raising interest rates when market expectations are very low is to attract capital inflows and thereby ease the pressure of selling pounds in the foreign exchange market, there are too many things involved in interest rates, and the first to be affected is the government bond market.
In addition to the bond market, the stock market also followed suit. Real estate company stocks immediately plummeted, which in turn affected the performance of the Financial Times Index. The index has been falling, and the decline has almost exceeded the increase since September.
The Financial Times 100 index has been rising since September. The depreciation of the pound will enhance the competitiveness of British goods in the world market, which is a huge benefit to British companies.
However, after the news of the interest rate hike came, people who bought houses with mortgage loans suddenly felt a lot of pressure. Perhaps many people would give up on their mortgage payments. This is definitely bad news for the real estate industry, and the entire market began to decline due to the drag of the real estate sector.
"Buy up and prop up the stock price. The British stock market should not be so miserable." In the trading room of Bolin Investment Holdings, Catherine, who has a great talent for acting, gave orders to the traders.
The UK's economy has been on an upward trend recently. Although the pound is not strong, it does not affect the economy's continued development in a positive direction. The downward index and stock price declines are only temporary and will rise again soon.
Buying stocks at this time not only allows you to wait for appreciation and earn the interest rate difference, but also allows you to express your great patriotic feelings.
“Close the position.”
Although Zhao Shixian boldly guessed that the UK might raise interest rates again, she didn't want to wait any longer. Now that she had closed her positions, her book profit had exceeded 34 million pounds, which was enough as a small dessert after a big meal.
Nan Ruoyin from Boston was not very happy. Her dessert was too small, and she had to share half of it. What she didn't know was that Nan Yi was already thinking about taking care of her. He always hoped that Fan Hongdou and Nan Ruoyin's college life could be purer, studying and having fun. In the past few years, he didn't want to see Nan Ruoyin still thinking about making money.
After closing the bond futures position, Nan Ruoyin took a shower and went to bed, but Zhao Shixian turned to the stock index futures market. She planned to grab all the profits she could.
Cold Springs.
Fan Hongdou got out of his beloved GMC Syclone pickup truck and walked to a kiwi fruit orchard. Looking at the laden fruit trees, he frowned.
When Akesa Vegetable Company acquired land in Cold Spring Town, it took back this kiwi orchard. They were reluctant to remove the trees and plant vegetables instead, so the orchard has remained here ever since, with a profit of about $400,000 to $500,000 each year.
It looks like they won't be able to be sold this year. Fan Hongdou has heard the news. New Zealand has turned the tables. Large quantities of low-priced kiwifruit have arrived in the United States and will soon be dumped on the market.
After being distracted for a while, Fan Hongdou left the orchard and walked towards the vegetable field. Akesa's main business is selling organic vegetables, so it won't be a big deal if the kiwi fruit can't be sold at a high price. If it really can't be sold, it can be used as a gift to big customers.
Fan Hongdou was easy to let go, but Rama Phubitpon was furious. After receiving the news, he wanted to run to New Zealand to set off some firecrackers. The kiwi fruit market was good in the 1980s, and Wangmu Fruit Industry made a lot of money by reselling kiwi fruit.
We import kiwis from Italy and Chile, and then sell them to other European countries, North America, Japan and South Korea. We act as a bulk trader and do a thriving business.
Although New Zealand has become a troublemaker since the past few years, with fruit farmers engaging in a price war, disorderly competition has not only made the price of New Zealand kiwifruit ridiculously low, but also made it increasingly difficult to guarantee quality, and its reputation and bargaining power in the market have become increasingly poor. But that is New Zealand's internal affairs, and Wangmu Fruit Industry's decision not to produce New Zealand kiwifruit has little impact.
However, now this troublemaker is not stirring up trouble at home, but has come out to stir up trouble. Together with the low-price dumping, the global kiwifruit price will become a mess. In order to ensure that the purchase price is relatively stable, Wangmu Fruit Industry signs purchase contracts with fruit farmers in advance. This year's purchase was decided last year, and of course, the purchase price has also been determined.
If the price of kiwifruit skyrocketed this year, Wangmu Fruit Industry's profits would increase significantly. If it plummeted, it would lose everything.
For Wangmu Fruit Industry, the best case scenario is that the price of kiwifruit will rise slightly and the market will remain stable, thus ensuring the interests of fruit farmers, its own interests, and the interests of downstream distributors. Only in this way can the business last.
Now that prices are about to plummet, not only will Wangmu Fruit Industry suffer direct financial losses, but many upstream fruit farmers and downstream distributors will likely collapse, and the sales channels that have been built with great difficulty will collapse. The impact will not only be this year, but will likely continue for several years.
Rama Pubipong took out his calculator and started typing away, sweat breaking out on his forehead. He picked up the phone and called Eugene Diesel, the president of Shennong Nanliang.
…
Although the models did not walk along the streets during the parade and only performed in busy areas and took rides at other times, it was still very hard work.
Nan Yi had instructed Nan Lou to prepare a sumptuous meal and drinks for them early on. The bonfire party began in the open space at the back door of Nan Lou after the models returned.
The same thing, when it is work, will make people infinitely bored, but when it is leisure and entertainment, it will make people infinitely excited.
The models were still in their work clothes, holding food in one hand and a bottle of wine in the other, swaying to the rhythm of the music.
The music is the "work soundtrack" they hear every day recently. When the music reaches its climax, the models in front of the bonfire and the merchants who come to join in the fun hum along with the music.
"Gimme gimme gimme a man after midnight..."
"Wind, wind, please don't leave so hastily. Please ask her name for me..."
The music is very lively. The English lyrics are hummed along with the original ABBA version. The Chinese lyrics have a variety of versions, including Gao Lingfeng's version, Fei Xiang's and Zhang Qiang's versions. It's really a hodgepodge.
But the tunes were almost the same, and the northern and southern accents blended together harmoniously. Everyone was singing happily, some dancing with their whole bodies, while some being more reserved just shaking their legs. Nan Yi, who was in the corner, was holding a bottle of beer in his hand, humming and shaking his legs along.
Suddenly, a fragrant breeze swept over, and a hand pulled Nan Yi to the campfire, joining the most unrestrained team.
Vasilisa!
She held Nan Yi's hand, facing her face, dancing and humming: "Gimme gimme gimme a man after midnight, Won't somebody help me chase the shadows away? / After midnight, give me give me a man, won't anyone help me chase the shadows away?"
Nan Yi danced with Vasilisa with a smile on his face, humming along, "Gimme gimme gimme a girl after midnight..."
The lyrics are repeated again and again, and people keep dancing to the rhythm until the tune is sent away and the more cheerful and dynamic "Lambada" is ushered in.
Vasilisa and Nan Yi became dance partners very naturally. They faced each other, left hands holding each other's left hands, right hands holding each other's right hands, and slowly, slowly approached each other, chests pressed against each other. Nan Yi raised his right foot, hooked it around Vasilisa's calf, and moved it down little by little, until he touched the edge of the high-heeled shoe, pressed it down, and winked at Vasilisa.
Vasilisa smiled and lifted her feet to kick off her high heels.
Nan Yi and Vasilisa are about the same height. Women tend to look taller than men, and she was wearing high heels. Nan Yi felt a little awkward as he was being looked down upon.
Lambada, which can be called Lombard dance, is usually classified as Latin dance. In fact, Latin is not its essence at all. Lambada is just a dance without any political metaphors. However, in Brazil, where it originated, it is forbidden to perform in public.
There is a melancholy Bolivian song called "L lorando Se Fue/The Weeping Leaver". A French producer heard the song and adapted it. He changed the lyrics from Spanish to Portuguese, the main instrument from bagpipe to accordion, and added strong rhythm and elements of Brazilian fusion jazz, making it lose its original Inca style. The tempo was faster than before, making the song cheerful and rhythmic.
The adapted new song was called "Lambada". The combination of the "Lambada" song and the "Lambada" dance made Lambada quickly popular all over the world.
Following the rhythm of the music, Nan Yi and Vasilisa swayed their hips from side to side, their eyes flickered, and an ambiguous atmosphere rose from between the two of them, rising into the air, merging with other ambiguous atmospheres, and swaying from side to side in the air along with the figures on the ground.
When the ambiguity became charming and something that was neither good nor bad was about to happen, the school beauty came behind Nan Yi and whispered, "The phone call is very important."
Nan Yi gave Vasilisa an apologetic look, let go of her hand, turned around and said, "Go back."
After returning to the consulate, Nan Yi made a cup of tea and joined the conference call.
Nan Yi: "What's going on?"
"Boss, this is what happened..." Rama Phubipon recounted the entire story of the kiwi fruit incident.
Nan Yi: "How much damage is expected to be caused?"
Rama Phubipon: "The direct loss this year is expected to be around 40 million U.S. dollars, and the overall loss will be within 150 million U.S. dollars."
Nan Yi thought for a moment and said, "Are the kiwifruit importers in the United States mainly concentrated in California?"
Rama Phubipon: “Yes.”
Nan Yi: "Eugene, what do you say we should do?"
Eugene Diesel: "Joined forces with other importers to pressure the California government to file an anti-dumping lawsuit against New Zealand kiwifruit exporters."
Nan Yi denied it, "It's not a good idea. Even if the lawsuit is successful, the fine will only be a few million dollars, which is not painful, and the money will not fall into our hands. Moreover, in this way, it is easy for New Zealand to learn from its mistakes and rectify the kiwi fruit export channels and create a high-end brand, which is not good for us. How many years does it take for kiwi fruit to bear fruit?"
Eugene Diesel: "Four to five years."
Nan Yi: "Pubipeng, how much space does Queen Mother Guoye have left?"
Rama Phubipon: "Less than 10,000 acres, of which only 3,400 acres are suitable for growing kiwifruit."
"Too little." Nan Yi pondered for a moment and said, "Since we are destined to lose money, we might as well lose more and use some funds to import kiwifruit from New Zealand. We can lower the price to the lowest and sell it at a loss. We can try to drive down the price of New Zealand kiwifruit and buy us more time.
This is the first step. Secondly, Pubipong flew first to Chile and then to Italy to negotiate with both parties. Wangmu Fruit Industry invested in establishing an enterprise that operates a high-end kiwifruit brand and conducts in-depth cooperation with fruit farmers, collaborating in various aspects including variety selection, orchard management, post-harvest refrigeration, product packaging, transportation and sales.
The local governments and fruit farmers of the orchards are all shareholders of the company, sharing the benefits and risks. Wangmu Fruit Industry bears the main risks and also takes the lion’s share of the profits.”
Rama Phubipon: "Boss, which party do you prefer to cooperate with?"
Nan Yi: "I don't have any preference. Everything is based on interests. We will cooperate with whoever is more suitable and willing to give us more benefits."
Rama Phubipon: “Understood.”
Nan Yi: "Three key points. First, we must fully grasp the brand discourse power, but not necessarily the ownership. Second, quietly acquire a number of kiwi fruit orchards to control our own kiwi fruit source channels. If there is a possibility of being clamped down or kicked out, we will also have a way out. Third, try to cooperate with the Reclamation Group to establish a kiwi fruit brand in China."
Rama Phubipon: "Boss, China's land and rural issues are too complicated. There are great risks in cooperating with Chinese fruit farmers. Problems will arise if the conditions are too generous or too harsh. It is difficult to grasp the scale, and..."
Nan Yi: “Just say it.”
Rama Phubipon paused and said, "Boss, as far as I know, Chinese farmers are short-sighted. Once a competitor offers a high price to buy their fruits, they may not care about the cooperation with us or the contract. The risk of recovering our initial investment is very high."
What Rama Phubitpon said was unpleasant to the ear, but it cannot be said to be wrong. What he said is very likely to become an established fact. Over thousands of years of history, Chinese farmers have heard too many beautiful lies. Generation after generation, countless experiences and lessons have told them that good things will not come to them. Even if they do, they will only be temporary and will not last.
Farmers are not short-sighted, but they dare not look far ahead. The world is ever-changing, and a small boat cannot cross the vast ocean. They can only grasp what they can see and touch. All the promises that have not been fulfilled have a ten-thousand-percent chance of not being fulfilled.
Nan Yi was silent for a while, then said, "The third point of cooperation will be mainly with the Reclamation Group. Let the other party assess the risks. The other matters will be discussed internally by Shennong Nanliang, and the details will be further considered. We will come up with a plan as soon as possible and submit it to the Intelligence and Strategy Committee."
Eugene Diesel: "OK."
Rama Phubipon: “Understood.”
After the conference call, Nan Yi temporarily put down the kiwi fruit and continued to be busy with the trade fair.
The models' parade performance was quite novel and attracted the curiosity of Muscovites. It was reported in newspapers and on television. With the addition of advertising, the news of the trade fair spread to the six states near Moscow. The hotline number published in the newspaper received many calls asking for details of the trade fair.
When it came to September 26, the models' parade stopped and everyone went to the trade show to rehearse.
There was no stage set up on site, and the models did not have to perform on stage. Their stages acted as living clothes racks in front of each booth, showcasing the elegance of each leather jacket.
The exhibition site was not arranged by Nan Yi. He knew very well that professional matters should be left to professionals. In October, the company invited a professional team to arrange the exhibition. Nan Yi simply summarized his experience and vision from participating in many exhibitions and industry conferences in his previous life into suggestions for the team to adopt.
Holding the exhibition in the stadium can save a lot of trivial matters. Catering supply, security, etc. only need to be coordinated with the Luzhniki Market. There is no need to worry too much about the source of participants. The customers attracted from the market can support the scene of the exhibition.
Discuss the docking method between guides and translators; arrange the areas that translators are responsible for and arrange support plans for translators. If several booths in the area that the translator is responsible for need translation assistance at the same time, booths in other areas must come to provide support first.
The layout of the exhibition site is circular, with an entrance and an exit on the southeast side, entering from the east and exiting from the south. The booths are arranged around the circle, and a service desk is arranged at the center of the circle. There are two closed exits on the west and north, which can be opened to facilitate the evacuation of the crowd in case of emergencies.
Visitors enter from the east and walk around counterclockwise before exiting from the south. This allows each booth to be relatively fair and there won't be any corners that are too cornered. The disadvantage is that the flow of people is relatively difficult.
Fortunately, the advertisement has already pointed out that this is a wholesale trade fair, which mainly entertains wholesalers, and the ticket price is 50 rubles, which I believe can discourage some people who want to join in the fun.
It's really a dilemma. I'm afraid that no one will come, but I'm also afraid that too many people will come.
"Meimei, have you contacted the hospital?" Nan Yi said to Zhen Meimei who was following him while checking the arrangements everywhere.
Zhen Meimei: "We have already contacted them. During the trade fair, they will send a doctor and two nurses over. There will also be two ambulances on standby at the door."
"Xiaowei, where is the shuttle bus?"
The trade fair is mainly used for display. If wholesalers want to place orders on the spot, the transactions will be conducted at the Modan Barracks. After all, the purpose of this trade fair is to advertise and attract traffic to the Modan Barracks.
Wu Xiaowei: "It has been arranged. A total of 30 private cars and two minibuses."
"Private cars should be contacted for a few more preparations in case of any emergency."
Wu Xiaowei: "Okay, I'll contact five more."
"Boss Nan, Boss Nan." Liu Shunqing trotted to Nan Yi.
Nan Yi stopped and said, "Boss Liu, is the booth ready?"
"It has been arranged long ago, Boss Nan, can we make a deal and arrange a guide to lead people to my booth? The money is easy to talk about, I'll give you a few more points, and I'll also be responsible for the guide's remuneration." Liu Shunqing said with a cunning look.
"Boss Liu, it's too late. You need to do business, and other merchants also need to do business. Your booth takes up three stalls, and other merchants already have complaints. If you continue to do this, how can I face other merchants?"
Liu Shunqing is so cunning, he would take advantage of any gap and climb up any ladder. He wants to get this kind of biased care by giving two more points. How could Nan Yi agree to it? Not to mention two points, even twenty points would be impossible.
There should indeed be some preference for large merchants and support for a few high-quality merchants, but it cannot be done without principles and endlessly. The emotions of other ordinary merchants must be taken into consideration, the diversity of merchants must be maintained, and the diversity of profit sources must be maintained. Merchants must not be supported too heavily, lest they become the dominant force.
Liu Shunqing smiled and said, "Boss Nan, why is there no news about the 100-50 plan you mentioned? The trade fair will start the day after tomorrow. Should we talk about it after the trade fair is over?"
"Haha, aren't we busy with the trade fair now? After the trade fair is over, I will have a good talk with you, Boss Liu. It just so happens that I am planning to hold a closing banquet to thank you merchants for your trust and support for October Company. At the banquet, I will mention the 100-50 plan again. At that time, I will gather all the merchants who are interested together and we will hold a closed-door discussion meeting."
Nan Yi's words made Liu Shunqing feel a little unhappy. He had his own little plans in mind. He had seen Nan Yi's connections in Moscow through the Huaguo Buildings and markets. If he was the only one participating in the 100-50 plan, he could use Nan Yi's connections to take his business to a higher level.
Moreover, he can also lean on Nan Yi's shoulder and slowly build his own network of contacts.
But if too many people participate in the 150-50 plan, it will be difficult for him to seize the initiative. He will be just a passerby. Not to mention being dispensable, he can also be replaced by someone at any time. This business will be boring.
"Okay, then I'll wait for Boss Nan's banquet." Liu Shunqing laughed.
"I'll go all out and prepare a few more delicious dishes, and I'll make sure you, the breadwinners, eat and drink happily." Nan Yi agreed with a smile, and pointed at Wu Xiaowei and Zhen Meimei beside him, "Boss Liu, I still have a lot of things to arrange, so I won't chat with you for now."
"Okay, Boss Nan, you are busy."
After saying goodbye to Liu Shunqing, Nan Yi continued to inspect the site, checking for omissions and shortcomings, and making things closer to perfection.
I spent the whole day at the site and didn't go to the Modan Barracks at night. I had dinner at the consulate. I received a lot of mail yesterday and they are piling up. I have to deal with them all today.
Time passed quickly and it was eight o'clock in the morning on September 28th. There was no ceremony. As soon as the doors of the stadium opened, the October Fair began.
Standing at the gate and looking at the crowd gathering, Nan Yi felt relieved. This trade fair had started off well.
Watching the crowd walk to the gate and lining up to buy tickets to enter the trade fair, the security guards became more alert and scanned the crowd with lightning eyes, trying to identify any suspicious elements.
Nan Yi waited at the door until three or four hundred people entered the trade fair, then followed them in and found a corner to stay in, silently watching the crowd stop in front of each booth, talking, asking for prices, waiting for the first order to be completed.
The models waited for their chance, lined up front and back, walked around to each booth, picked up a leather jacket on the booth, put it on themselves, and showed it to the guests, changing one piece every minute. They stayed longer in booths with many people, and went about their business in booths with fewer people.
The models were very eye-catching. Some guests would even pick up leather jackets from the booth and ask the models to try them on. Whenever this happened, the models would happily agree.
How could they not be happy? If they get the order through their hands, the October company will calculate a commission for them, and I believe the merchants will also express their gratitude to them more or less.
Soon, a merchant from a booth and a guest came to the service desk together, received a walkie-talkie and walked out of the stadium. Judging from the excitement on the merchant's face, this would be a big order.
Most of the merchants are alone, so although there is no need to worry about no one watching over the booth, the price cannot be negotiated if the merchant is not there. Nan Yi thought about this problem in advance and specially prepared several walkie-talkies and set up a signal amplifier.
Just to solve the communication problem, Nan Yi sent out several stacks of US dollars.
He had thought about letting the merchants negotiate with potential customers at the trade fair first, and then concentrate on finalizing the orders at a later time. However, he changed his mind and thought that this method was not a good one, as it was easy to lose orders and for merchants to steal orders from each other.
It is tiring to run between the two ends, but I believe the merchants will be tired but happy.
After the first one, there was the second one. When it came to nine o'clock, five or six merchants had already left. At half past nine, even more merchants left. The guides and translators became even busier, shuttling between the booths without stopping.
At ten o'clock, the warehouse sent a message saying that 2,470 leather jackets had been taken away.
A good start!
Nan Yi would not inquire about the price at which the merchants completed the transaction, but he would know how many pieces of goods they had sold. The warehouse would know the price the merchants quoted, and Nan Yi had no intention of arguing or refutation.
Nan Yi can calculate everything clearly for merchants, including purchasing, transportation, warehousing and operation. If anyone quotes a price that makes a loss, just wait for him to settle the bill later.
The trade fair cost a total of $1.27 million. Assuming that the company can earn about $5 for each leather jacket, it needs to sell 254,000 leather jackets during the trade fair, and the company can only make a profit in October. This does not include the commissions of guides, models, translators and other staff.
The inventory in the warehouse is less than this number, so the trade fair is bound to lose money. Nan Yi only hopes to sell out the warehouse to make the trade fair look more glamorous. At the same time, the company can lose less money in October.
From the current perspective, the situation of the trade fair is good, and Nan Yi will basically be satisfied when it is over.
After all, the trade fair is also a show. It is performed for the merchants in Modan Barracks to let them know that there is a reason why October Company charges high fees. It is also performed for Chinese merchants who are not part of October Company's customer base, so that they can compare for themselves how other Chinese stores do things and how October Company does things.
Of course, Nan Yi also has other deeper considerations.
"Boss Nan, Boss Nan."
Nan Yi was daydreaming when a female merchant named Tian ran up to him.
"Sister Tian, ​​what's wrong?"