Chapter 490 Huge Profits
Seeing that Lin Hao didn't speak, the stall owner asked impatiently:
"Brother, please speak up. What kind of watch do you want and how much does it cost?"

Lin Hao shook his head and said directly:
"I want a 50-yuan electronic watch, the kind that costs 15 yuan, but I can only offer you 12 yuan at wholesale price at most. If you like it, I'll pay you in cash. If not, forget it!"

Lin Hao tried it just now and used his skills to check the lowest price, so he gave him 12 yuan each and could make four yuan for each watch. Even after deducting the shipping costs and the like, he could still make at least two or three yuan.

This price made the boss feel a little dilemma. After thinking about it, he felt that he could make a lot of money by selling at a low profit margin and in large quantities. Instead of selling here, he might as well make another trip!

After some bargaining, I finally spent 12 yuan to buy 600 electronic watches of good quality at the price of 50 yuan each.

Seeing that the matter was completed, Lin Hao asked Li Heman to return to Jinling as soon as possible, then regained consciousness and continued to take care of Wei Shuying and the five children.

······
Three days later, Lin Hao came to Li Heman's house again.

Li Heman opened a small box and saw a large number of electronic watches inside.

"Look, Old Qiao, I bought all the watches according to your request. I asked when I came back. Electronic watches like this can be sold for 60 or 70 yuan!"

At this time, Li Heman said greedily:

"Why don't we just offer a price of 100 yuan? I'm sure we can sell it!"

Of course Lin Hao knew that it could be sold, as it was a must-have item for a wedding.

After entering the new era, the necessary items for marriage were very simple, such as a bushel of rice in the 1950s. At that time, people were considered very generous if they could take out a bushel of rice to marry a wife.

For such a person, the bride's family would not let him go, and the marriage would be almost certain. It only took one bushel of rice to marry a daughter-in-law, which was a true reflection of people's lives at that time.

By the 1960s, as life had improved and people at least had food to eat, the most important item for a wedding became thirty-six legs.

That is, the bed, the three-door cabinet, the chest of drawers, the dressing table, the sofa, and the four stools, totaling thirty-six legs.

After entering the 1970s, the major wedding items entered the era of "three turns and one ring", namely sewing machines, bicycles, watches, and radios.

A watch is still considered a big item, which is why Lin Hao wears a watch. You have to know that a watch at that time would cost more than one hundred yuan in China, and two or three hundred yuan abroad.

In an era when the average wage in state-owned enterprises was only 30 or 40 yuan, a high-tech electronic watch that cost only 50 or 60 yuan was very attractive.

The most important thing is that you can’t buy it just because you want to. Before the reform and opening up, you still need a watch ticket or industrial coupon to buy a watch!
Otherwise, you can’t buy it even if you have money. That is why watches are still in short supply at this time.

This is also the reason why Lin Hao plans to do the watch business.

Therefore, even if Lin Hao was a little more ruthless and directly doubled the price, there would definitely be people who would buy it. However, Lin Hao did not think it was necessary to do so.

He didn't lack that little money, so Lin Hao shook his head and said:
"No need for that. You've cheated others too much. How are they going to buy our other products in the future? If our reputation is ruined, it will be hard to do business!"

"Tuk Tuk Tuk Tuk~!" At this time, there was a knock on the door, and several players from before came over. As soon as they entered the door, they saw the box containing the electronic watch, but they didn't pay much attention to it.

Lin Hao offered a cigarette to the questioner, and then went straight to the point:

"Brother, I have found a way to make money, but the first thing I thought of was you brothers. Do you want to get rich?"

"Brother Qiao is generous!"

"Brother Qiao is righteous!"

Li Heman immediately urged:
"Brother Qiao, just tell us what you want us to do. As long as we can make money, we can do anything!"

"Of course we want to make money, but now we are so poor that we can't even afford a cigarette!" Wang Wu sighed.

"You can't afford a cigarette? I can't even afford to eat steamed bread." Li Si also said, "Brother Qiao, if you have any way to make money, just tell me!"

Li Si's family of six all depended on his salary for their livelihood, so every time they went to Li Heman's house to play cards, he never joined the game and just stood there with his arms folded.

Therefore, after seeing the statements of several people, Lin Hao lowered his voice and continued:
"I plan to resell contraband goods, especially imported smuggled goods. This stuff makes money very quickly!"

Wang Wu and Li Si widened their eyes at the same time.

"Brother Qiao, do you want to speculate?"

A public trial was held in Jinling a few days ago, and those who engaged in speculation and profiteering were sentenced to heavy penalties.

Lin Hao took a sip of wine, put down the glass, rummaged in his pocket, took out two things and placed them on the table.

"This is, a digital watch?!"

Wang Wu recognized the electronic watch at a glance, shouted excitedly, and reached out to take one and fiddle with it in his hand.

Electronic watches were rare in that era, so Li Si took one and started looking at it.

"Brother Qiao, where did you get this electronic watch? It's a good thing!" Then Wang Wu looked at the box on the table and had some useful guesses in his mind.

"How much do you think this watch can be sold for?" Lin Hao looked at the two and asked.

Li Si shook his head and said, "I don't really understand this stuff."

Wang Wu thought for a while and said:
"Shanghai is now 120 yuan a piece, and Plum is about the same. They also require a watch ticket, so this high-tech electronic watch must be sold for at least or yuan."

Lin Hao picked up an electronic watch, weighed it, and then smiled and said:
"If I say I don't want a ticket, how about 50?"

Wang Wu and Li Si were slightly surprised when they heard this, and immediately said excitedly:

"50 and no tickets? There's no doubt they'll sell!"

Lin Hao smiled and said.

"Take your electronic watches and sell them. I'll give you 10 yuan for each watch you sell. Are you interested?"

Wang Wu swallowed hard. He worked hard in the welfare factory for less than 30 yuan a month. He could earn a month's salary by selling two or three watches. He was immediately excited.

"I am willing, Brother Qiao?" Wang Wu agreed without hesitation after making up his mind.

Li Si thought for a moment and said, "I am willing too, Brother Qiao!"

Poverty can sometimes endow people with infinite power. Since I’m already so poor, I don’t mind giving it a try. Fortune and wealth are achieved through risk!
Budget Lin HaoLin Hao smiled and raised his glass:
"Lao Li, take out your wine, and let's have a drink to celebrate the success of our business!"

"Okay~!" The three brothers clinked their glasses and drank the wine in one gulp. The atmosphere in the room suddenly became warm.

At this time, Lin Hao put down his wine glass and said:

"I have a few ideas about selling goods. We can't make a big fuss about this. You all know what the consequences of being caught are, so we can only do it secretly!"

"Tomorrow, each of you will bring a watch back home and tell people around you that this is a Hong Kong electronic watch, which is the most popular, fashionable and convenient now!" "If anyone asks, just say that you can help with the contact, you won't make a penny, the quantity is limited, and other details will not be disclosed."

"If you have trustworthy friends, you can also bring them in to help sell for you, and you can share a portion of the profits with them. For example, you can get a commission of 4 yuan for each customer you introduce, and the other 6 yuan will be yours!"

"At that time, many people will become our lower-level agents, so that we can quickly ship the goods and expand the sales scale!"

Using the Hong Kong business card to raise their value, using hunger marketing with limited quantities, and rapidly expanding the scope of second-level agents.

Lin Hao believes that with this combination of measures, sales will expand rapidly.

Wang Wu and Li Si nodded continuously as they listened, and then, like everyone else, they put the electronic watches directly on their wrists. They would stretch them out to look at them from time to time while drinking, and they both loved this new toy.

······
The next day.

Wang Wu and Li Si got up early, washed their faces with cold water, and went out excitedly to the factory workshop.

Then, this electronic watch was inadvertently revealed. No one noticed it at first, but as time went by, someone finally noticed it.

"Hey, Wang Wu, did you buy a digital watch?"

A worker nearby saw the electronic watch on Wang Wu's wrist and shouted in surprise, attracting the attention of others around.

Wang Wu had a bit of arrogance on his face and deliberately raised his voice and said:

"This is a high-tech watch from Hong Kong that my friend gave me. It is much more accurate than ordinary quartz watches. There is no error at all, so it can be used for several years without adjustment. It is the most popular one now."

Someone came over and grabbed Wang Wu's wrist to look at him. Soon, several people, both men and women, gathered around him.

"What are you all doing here? Are you not working properly?"

The line leader of the production line got furious when he saw people gathered around doing something unknown and started shouting angrily.

His shout scared all the workers so much that they hurried back to work.

The county magistrate's surname was Zhang. He walked up to Wang Wu with a frown on his face and said in a bad tone:
"Wang Wu, are you lazy and don't work? Don't you want to do it anymore?"

Wang Wu was an old employee. He had a smile on his face, but he cursed the line leader in his heart.

Wang Wu smiled and said:

"Director, I'm not being lazy. I just bought an electronic watch. My coworkers came over to take a look because it was new to them. I'll get to work now!"

As he was about to leave, the line leader looked at Wang Wu's watch and had an idea. His son was getting married soon and also wanted a watch. Although he was a small figure in the zipper factory, managing dozens of people in the workshop, he was nothing outside.

He had used up all the industrial coupons he had saved up in the past few years to buy a bicycle and a sewing machine. He even borrowed some from others, but the girl said that he had to pay three turns and one ring. Now he was worried about where to find industrial coupons to buy a watch.

"Where did you buy the electronic watch?" the line leader asked curiously.

Wang Wu looked around and said in a low voice:

"To be honest, Director, this is what my friend brought from the south. I don't need industrial coupons!"

"How much is this watch?" When the line leader heard that industrial coupons were not required, he became suspicious.

"My friend sells it for sixty or seventy yuan, but he's my best friend, so give me the purchase price, fifty yuan!" He stretched out his hand and shook it while looking at Wang Wu.

Then the line leader put his arm around Wang Wu's neck and walked out, saying:
"Wang Wu, how do you think your brother treats you?"

Wang Wu said against his will: "Of course I will take special care of you!"

The line leader didn't care, and then asked gently:
"Does your friend still have such a digital watch?"

Wang Wu naturally understood what Director Lai meant. He had heard that his son was preparing to get married, and he wanted to be part of it too.

Isn’t this the business?

"Ah, this, I don't know, I have to ask!" Wang Wu said with pretended hesitation.

"What are you asking? Why don't you just sell this to me and go back to your friend to buy a new one?" the line leader said meaningfully.

Wang Wu paused for a moment, as if he had made a great decision, took off the watch on his hand, and then handed it to the line leader.

The line leader asked Wang Wu to go back and buy another one, and he went back to get the money.

When Wang Wu returned to his workstation, his co-workers nearby discovered that the watch on Wang Wu's wrist was gone. They immediately realized that since others could buy Wang Wu's arm, could they also buy it and use it themselves?

So they all asked Wang Wu, but Wang Wu did not agree to all of them. Instead, he revealed a little bit and said that there would be a way to get it again, and he would go back and get another one.

When Wang Wu returned to Li Heman's house, he happened to find Li Si there, and the two exchanged information.

It turned out that the situation on Li Si's side was similar to that encountered by Wang Wu, but Li Si was much more proactive than Wang Wu.

Wang Wu attracted others unintentionally, and he only took the initiative to show off in front of others. Not only did he sell electronic watches, he also recruited several people as his subordinate agents.

Moreover, this is the second time for Li Si, which means that Li Si has already earned ten dollars.

At this time, Li Si suddenly said, "Brother, I am going to bring three electronic watches this time, how many do you want to bring?"

But Wang Wu didn't care at this time, instead he said:
"When I came back, our workshop director also wanted one. So I decided to just take one watch, mainly because I was afraid that it would be used for reselling!"

Wang Wu raised his eyebrows proudly at Li Si after he finished speaking. In his words and expression, he also showed off to Li Si with pride.
Li Si ignored Jiang Wu and said to Li Heman:
"Then I'll send it there first, and we'll come back in the evening!"

But Wang Wu still had his sense. He did not take three electronic watches like Li Si did, but only took one with him when he left.

Because he didn't want to be caught, at least when he took them to the factories one by one, he didn't have to worry about being accused of speculating. The worst that could happen was that he would just have to make a few more trips.

So Wang Wu rode his bicycle and rushed to the factory.

However, although the methods are different, the effects are almost the same. Lin Hao is very satisfied anyway.

By the time they got off work in the afternoon, the two had sold a total of 13 electronic watches.

In this way, in just three days, there was almost nothing left of the electronic watch, and after deducting the 500 yuan commission paid to the salesperson, the profit was 2000 yuan.

He gave the two thousand yuan to Li Heman, and then set out on his journey again, preparing to import another batch of goods.

Lin Hao went to the hospital and took Wei Shuying home.

(End of this chapter)