Chapter 210: Chapter 203: Selling Tapes
Finally, Tang Yuxin could relax a bit. In seven days, no, a maximum of seven days, her father would be back. She didn’t know what kind of goods they would bring, but she was really looking forward to it.
Business was really good at this time. There were fewer sellers, but more buyers. Gold was everywhere, you just needed to know how to pick it up.
After around seven days, on the eighth day, Tang Zhinian finally returned. He looked suntanned and slightly thinner, but his spirits were high as his eyes sparkled more than before. Most importantly, he seemed to be more energetic.
“Yuxin, come, see what your father has bought for you?”
This time, when Tang Zhinian returned home, he obviously went to find his daughter first. He had brought back many things for Tang Yuxin, all from the south, where there were things that were not yet available in their northern part. They were everywhere in the south, but they were quite rare here.
Tang Yuxin quickly put down her school bag to go over and found a big bag on the ground. Opening it, she found hair clips, hairbands, and mostly cassette tapes.
“Is dad going to sell cassette tapes?”
Tang Yuxin asked Tang Zhinian.
At this time, cassette tapes were really sought-after. They sometimes could not be found in their area. For example, the bands like Little Tiger Team, Mei Yanfang, and Deng Lijun, were all very popular in schools.
Which young boy or girl didn’t have an idol dream? Of course, she did too. While she was a bit older, some still liked some because of their personalities, some for their appearances, and others simply liked the songs.
“Yes,” Tang Zhinian nodded, “At first I went with your Uncle Chen, but I found out that these tapes were not expensive. The wholesale price was two and a half yuan, at their place they sell them for five yuan, but in Qing’an, the price is six and a half yuan.”
If they sold them a little bit cheaper, for six yuan, they would make a profit of three and a half yuan for each. They had over three hundred tapes, so if all were sold, it would be a profit of more than a thousand yuan. This was much more than a year of farming, and they didn’t need to put in much effort, they just had to profit from the price difference.
Tang Yuxin really felt that her father had a great business mind. Indeed, cassette tapes were now extremely profitable. Qing’an was relatively slow to catch onto new trends, so what was popular in the south would usually only become popular in Qing’an a year or two later.
And cassette tapes were indeed quite valuable now.
“Is dad planning to set up a stand outside the city university?”
Tang Yuxin took a cassette tape and asked casually.
Her question reminded Tang Zhinian. That’s right, the university entrance, young people were the main consumers. He was initially worried about where best to sell these tapes. Even though he knew they would sell well, the location was a big problem, and the university entrance was the perfect place.
There were university students there, thousands from one school, and it was also a main road, with a great deal of foot traffic every day. Selling them there would certainly be quick.
The next day, Tang Zhinian got up early. As he was leaving, Tang Yuxin came out and placed a piece of paper in front of him.
It was full of words, all in cartoon-like fonts.
“Latest cassettes, seven yuan each, buy five get one free, buy ten get two free.”
Tang Zhinian didn’t understand why they should sell like this. He had planned to sell each for six yuan. Surely they would sell well at that price. This way, he would profit four yuan for each tape, and selling three to four hundred would mean a profit of a thousand yuan.
“Dad, try it first – if they don’t sell, lower the price to six yuan.”
Tang Yuxin pushed Tang Zhinian out the door to go sell the tapes. She actually wanted to go too, but felt that her father, who was always kind to her, would certainly scold her if she did.
Her father was very indulgent towards her. He would buy her anything she wanted. She thought of Wei Tian and Wei Jiani, and how the father would satisfy any of her desires, even if it meant spending a lot of money, such as on piano lessons.
Although Wei Tian was a hypocritical man, and the Wei Family was often scheming and shameless, it cannot be denied that he was a qualified father. At least, to his own daughter, he truly deserved the title of “father”.
Perhaps it was the same for all fathers worldwide. As for mothers, she wouldn’t know. She had never experienced a mother’s love.
Tang Zhinian, carrying a bag of goods, rode his tricycle and left. There were only a few hundred cassette tapes, but he had brought them all the way from the south.
When Tang Yuxin returned from school at noon, Tang Zhinian was already back.
But his expression was a bit strange.
Tang Yuxin was puzzled. What happened to her father? Could it be that he didn’t sell a single tape?
“Dad, did you not sell any?” she asked tentatively.
Tang Zhinian looked at her oddly and sighed after a long while.
“Yuxin, they’re all sold.”
“Sold out, all gone?” Tang Yuxin blinked. Was that what he meant?
But then Tang Zhinian suddenly started laughing. He stretched out his hand to stroke his daughter’s hair, “Yuxin, all of our tapes have been sold out. I sold them exactly as you suggested. Those students took them by the handfuls, five or ten at a time. In less than two hours, all of them were sold. We made nearly a thousand yuan in profit after deducting the cost. That’s half a year’s income from farming.”
“Next time, I’m planning on taking your Uncle with me. He is smart and can help negotiate the wholesale price.”
Tang Yuxin was stunned, everything was sold out in less than two hours? Could it be that business was really that easy? Actually, she was only half right, business was easy, but not to the point where everything could be sold out in a short period of time. The key point was that she tapped into the mentality that people liked to have a bargain, such as buy five and get one free, buy ten and get two free.
Frankly, the cost is still borne by the buyers, but people love this idea.
Now that Tang Zhinian had tasted the sweetness of business, he obviously wouldn’t just go back to farming. Growing vegetables for a whole year, you might not make a thousand yuan, while a thousand yuan now is equivalent to an income of fifty to sixty thousand appearing in subsequent years. Actually, according to some perspectives, it could even be several hundred thousand, because the two houses they bought were only over ten thousand yuan.