Reborn in the Millennium: Building a Fortune from Fishing

Chapter 612 The Legendary Merchant
Even Brother Wan was a little envious.

Their profit margin is 8%, while their profit margin is 30%, but they still have to pay rent and utilities.

Of course, his volume was even more staggering. In 2002, he sold 90,000 jin (45,000 kg) in a single year, which was higher than all other agents, and even the Sichuan and Chongqing regions couldn't compare.

"Brother Wan, I will transfer the funds to your account during the initial construction phase. You two will be responsible for setting up the warehouse, and the subsequent profit sharing will also be transferred to your account."

Mr. Wan nodded. It wouldn't be troublesome to make the trip, and there was no sales pressure in the Sichuan and Chongqing areas.

He also has his own ideas, planning to engage in cross-border e-commerce next year, transferring goods from Enshi to Chongqing to earn more rebates.

The wholesale price there is eight yuan, but he can get the price down to five yuan and a few cents, which is enough profit margin for him to operate.

He plans to make a big splash next year, even shipping goods to Anhui, since those places don't have agents.

The contract also stipulates that goods should not be transferred to the agent's area of ​​responsibility; it doesn't matter where they are. Even if Qin Dahe knew, he wouldn't say anything.

The main problem is the immense pressure of cash flow for purchasing goods each month. If he doesn't stock enough, it won't be enough to sell, and if he stocks up too much, it will tie up too much money. He still owes the company over 100,000 yuan. He's trying to pay off the debt this year so he can buy a Santana to drive.

"There's also the issue of collecting payments. I will regularly send people to check the inventory invoices and collect payments."

“Yes, Mr. Qin’s explanation is very comprehensive.” Mr. Liu had listened silently the whole time, but only spoke up now. “I wonder what will happen if an agent is found later?”

He approves of the compensation; who wouldn't be happy to earn an extra 100,000 or even more a year?

But we need to consider this question: will Dahe Fishing Tackle never have an agent in the Sichuan-Chongqing region?

"We'll talk about small-batch shipping when the freight can drop to one yuan per kilogram. The warehousing center will take at least ten years to build."

Chongqing's current expressways still lead to Chengdu and nearby cities, concentrated within the Sichuan Basin. Whether in Hubei or other places, transportation into Sichuan is extremely inconvenient.

It wasn't until the Western Development Strategy, with the construction of numerous highways and tunnels, that the region began to develop.

Some of the roads are still paved with cement and gravel. It's fine for cars, but truck drivers entering Sichuan don't dare to blink.

Transporting goods from Anhui to Chongqing costs more than twice as much as shipping them overseas.

Even shipping was impossible. Until the Three Gorges Dam was fully completed in 06, the water level drop in the upper reaches of the Yangtze River was large, the current was rapid, and the waterway was narrow. For large ships to enter Sichuan, it was a gamble with their lives.

When it comes to fishing, the Sichuan Basin has a well-developed water system and numerous lakes, so there are quite a few anglers.

However, most traditional fishing and wild fishing mainly use earthworms, corn, and grains.

Silver carp and bighead carp bait entered the Sichuan-Chongqing region in 01 and began to take off in 02, with its main sales locations being Chengdu and Chongqing.

The Chengdu-Chongqing Expressway opened to traffic a long time ago, making travel back and forth much more convenient.

In most other cities, express delivery is not yet available, so people have to rely on the postal service.

After reaching an agreement, the contract was signed, and the funds were directly transferred to Boss Wan. The agent is trustworthy.

Moreover, it doesn't cost much money. The bait doesn't need to be stored too carefully; just keep it dry and well-ventilated. The main cost is labor.

"Mr. Liu, try to offer some discounts on shipments from there later. We can't take advantage of fishing tackle shops to the point of exhaustion."

"Mr. Qin is joking, there will definitely be a discount." Express delivery companies also have performance targets and bonuses.

He was already willing to concede 10% of the revenue, so he readily agreed.

After settling these matters, Qin Dahe took the two men to the warehouse to check the inventory.

All kinds of bait were packaged and neatly arranged on wooden racks.

"Was that commercial bait you used last time any good?" he asked with a smile.

"It works really well, this stuff is probably going to be a bestseller next year." Mr. Wan got all excited when talking about commercial bait. "I went fishing myself, and with the help of an underwater camera, I caught eleven pounds in one afternoon." It attracts fish quickly, and they bite fiercely even in winter, often resulting in the float sinking completely.

You should know that even crucian carp are not very strong during this season, and they mostly bite into the darker parts of the fish.

"Impressive." Qin Dahe gave a thumbs up.

"We're returning the camera to nobody; the price was indeed a bit too high."

"Yes, we sold two yesterday, and the fishing school bought three as well," Boss Wan said proudly.

The profit margin for one underwater camera is 700, so selling five would mean a pure profit of over 3,000. This is a consignment sale, so there's no need to tie up capital; all they need to do is get paid back.

"The fishing school bought three?"

"Yes, I gave them a discount of 200, and they bought it right away."

Qin Dahe nodded, "I'll cover the two hundred, and you can charge me 4800 for the other three later."

The underwater camera with screen costs 3700, but he consigned it with a starting price of 5000 and a selling price of 5700, without price guarantee.

The risk is high, but the profit must also be high; it cost over 200,000 yuan.

The factory is quite large, but after looking at the warehouse, there wasn't much else to see. The fishing rod production line hasn't been set up yet, and many other fishing gear items are custom-made from other places.

After letting the workers go home at five o'clock, the three of them went to a big hotel in the city together.

Since the visitor was a guest, he was bound to treat him well.

They even invited Mr. Qin from SF Express to have dinner together. He and Mr. Liu are both regional express delivery supervisors, so they should have common topics to discuss.

The restaurant was the same Purple Grape restaurant as last time; it was high-class, and apart from the high price, it was perfect.

However, we didn't order any fancy dishes; we just had chopped chili fish head, stinky mandarin fish, and Wuwei roast duck.

At the dinner table, Qin Dahe showed considerable interest in Hanlong Group. The rumors about the boss, Liu Han, were common among businessmen in Jiangnan, as he was a regular on the Hurun Rich List.

His machining plant has also supplied customized hardware and building materials, with very high standards.

If I remember correctly, the Hope Primary School that stood firm during the earthquake was built by Hanlong Group.

But saving more than 400 primary school students and staff members is a great deed.

The quality of the highways they built far surpasses that of their competitors.

In addition, they donate hundreds of millions of yuan every year. When their boss was chatting with them, he said that they were a true "conscientious entrepreneur".

Unfortunately, he was eventually executed for his involvement in organized crime.

They're at the height of their power right now, so it's a good time to ask them about the situation.

"I've known Boss Liu since I was a child. He helped me with my courier business in Chongqing."

"We are very good to our relatives. As long as they come to us for help, we will never refuse."

"That's righteous and benevolent!" Everyone gave a thumbs up.

Seeing the other person's conflicted expression and still calling him "Boss Liu," Qin Dahe didn't ask why he wasn't following him around anymore; there must be some inside story.

After taking a sip of his drink, Mr. Liu continued, "Someone from my hometown died in a fall while staying with him. He personally delivered 500,000 yuan to the family's parents and apologized, saying he hadn't taken good care of them."

As he spoke, Mr. Liu's eyes were filled with sighs. Such a benevolent boss was truly remarkable. If it weren't for certain unknown factors, he would have already aligned himself with him.

(End of this chapter)