Wang Yi left the factory matters to Wei Ming and returned home to continue coding.
The Android version of the single-function Meiyou app would be completed in one more day; it wasn't difficult.
Not really wanting to cook, Wang Yi grabbed a quick lunch downstairs.
At five in the afternoon, he called Song Yang:
"How are the leather shoes selling?"
"Boss, they're selling very well. I only have 20 pairs left out of 1000, and they'll be gone soon. Huang Cui's situation is similar."
Song Yang's words were filled with joy; he would earn another 150 yuan today!
At this rate, it would be 4500 a month, and over 50,000 a year!
In a city with an average income of 3000, this was considered a high salary.
Getting a wife was just around the corner!
In 2011, the bride price in Jizhou was still 11,000 yuan, "one in ten thousand."
Or 31,800 yuan, meaning "three families prosper together."
Those with good conditions would pay a down payment of 100,000 to buy a wedding house in the county town. Or a 200,000 down payment for one in the city.
Those with poor conditions would find someone similar, buy in a town, or even get married without buying...
Song Yang's stagnant life now had hope.
"Good, keep selling," Wang Yi breathed a sigh of relief.
People in townships usually didn't wear leather shoes, but for formal occasions like weddings or going out, they would.
The leather shoes in stores were 180 yuan a pair, but Wang Yi sold them for 50 yuan a pair, and the quality was quite good.
Whether they wore them often or not, people would buy a pair or two!
Cheapness was the ultimate weapon!
Combined with the good reputation from selling sports shoes before and the accumulated old customers, they really sold out!
For this batch of leather shoes, including Song Yang and his colleague's wages and delivery fuel costs, the average cost per pair was less than 7 yuan.
Wang Yi sold them for 50 a pair, with a profit of 43.
Song Yang and Huang Cui sold 2000 pairs a day, making a profit of 86,000 yuan, which was even more profitable than selling clearance sports shoes!
It would take some time for the mortgage loan to be approved, making this Wang Yi's only source of funds.
The next day, Wang Yi loaded 2000 pairs of clearance leather shoes to the market, and collected yesterday's payment.
His dwindling funds once again exceeded 100,000 yuan.
Delivering goods and collecting payments every morning had become Wang Yi's daily routine.
Although it was tedious and boring, the feeling of earning 86,000 yuan a day was quite good.
Back at the factory, Wei Ming was highly efficient.
In just one day, he had made samples, and several versions.
Wang Yi looked at the samples, checking them one by one:
"These styles are good, but we need to try them on to see how they truly look."
"Boss, I've found two female employees with standard figures; they can try them on."
"Good!"
Soon, two female employees changed into the dresses and came out.
25-year-old Kong Manni was beaming, unable to hide her joy:
"Boss, these clothes really show off your figure! I'll definitely buy one when they hit the market!"
"Don't worry, once they're launched, each of you will get one!" Wang Yi said with a smile.
"Thank you, Boss, thank you." Kong Manni was incredibly excited.
37-year-old Lu Dongfeng was a bit more reserved:
"They look good, but they're a bit too bold. If I wore this out, my husband would get angry!"
"Haha." Wang Yi was amused.
Young people found the "pure desire" style easier to accept and were immediately drawn to it.
Middle-aged people found it a bit too much.
Afterward, the two changed into other styles, showcasing them one by one.
Wang Yi analyzed carefully and finally decided on the most suitable style:
"Proceed with this version and organize production as soon as possible!"
"Buy whatever you need."
Wang Yi took out 50,000 yuan and handed it to Wei Ming:
"This 50,000 yuan is a loan from me to the company; have the finance department record it. When the company makes a profit, just repay it."
"Your salaries will also be paid from this. Just make sure the finance department keeps good records, and if you run out of money, let me know."
Trust those you employ, and don't employ those you distrust!
Since he heavily relied on Wei Ming, Wang Yi was grooming him to be the factory manager.
As long as he was capable and reliable, this small clothing factory would be handed over to Wei Ming for management in the future.
Wang Yi only needed to oversee the big picture; he didn't have time to spend every day here.
Of course, if Wei Ming acted improperly, engaged in petty theft, or caused trouble, Wang Yi would send him to jail!
Wang Yi would personally review the factory's finances every month and hire an accounting firm to audit them every quarter!
The choice between heaven and hell was entirely up to Wei Ming.
"Boss, please rest assured, I'll take people to inspect the workshop and prepare materials right away. We can start production tomorrow!"
Wei Ming was incredibly excited; never before had he been trusted so much, and he was determined to repay it with all his might.
Soon, this news spread among the employees, sparking much discussion:
"He just spent 1.5 million to buy the factory, and before the loan is even approved, he casually pulls out another 50,000 yuan. It seems Boss Wang is very rich and reliable!"
"That day he said he only had 1.5 million, probably to protect our 550,000 yuan hard-earned money, deliberately hiding his true strength to trick Yin Zhixing!"
"Yes, it must be so. The new boss might even be a rich second generation!"
"There's a future with the new boss, I'm joining the factory tomorrow!"
"Me too!"
"They pay daily wages, whoever doesn't go is a fool!"
"Exactly, at most you lose a day's wages. Unlike other factories, where you might work for two months for nothing!"
...
What Kong Manni and her colleague didn't know was that this was exactly the effect Wang Yi wanted to see.
As for their concerns about the "pure desire" style, thinking it was too bold and wouldn't sell...
Wang Yi wasn't worried at all; in fact, he thought it was a good thing.
Most clothing factories now shared Wei Ming's view, believing the "pure desire" style was too bold and ahead of its time to become popular, so they wouldn't actively copy it.
Wang Yi planned to operate at full capacity in July and August, producing and stockpiling goods.
By mid-August, after spending money on promotion and when Meiyou had a certain number of users, he would launch the "pure desire" style dresses.
With 30 workers, these summer dresses could be produced at a rate of 600 pieces per day.
By the end of August, with about fifty days remaining, 30,000 pieces could be produced.
Currently, three styles, with an average stock of 10,000 pieces per style!
As long as Meiyou had 200,000 to 300,000 users, this batch of goods could be easily sold.
This kind of utility software, in a virgin market, was inherently easy to attract users.
With a bit more investment in promotion, reaching 300,000 users in two months wouldn't be difficult.
As for the dress brand, it would be called Meiyou!
This way, by linking it with the Meiyou APP, the number of Meiyou users could be better increased.
The slogan was already decided:
"Buy Meiyou dresses, use the Meiyou app!"
Of course, Wang Yi had also prepared for the worst-case scenario.
Even if these 30,000 "pure desire" dresses were unsellable and only a fraction sold, he would still make a huge profit.
These dresses had a total cost of about 20 yuan per piece, so 30,000 pieces would cost 600,000 yuan.
With a profit of three to four hundred yuan per piece, he would break even after selling just 2000 pieces!
After all, the e-commerce platform was his own, with no platform commission.
Unsold goods could be rebranded as a lower-end brand and sold at a discounted price.
Or, he could cut off the labels, take them to university towns, recruit a few well-figured college students as salespeople, and sell them for 150 yuan a piece, ensuring they would sell out.
Wang Yi's main brand could absolutely not have large-scale price reductions.
In later generations, a certain high-end mattress worth 20,000 yuan was sold for 5,000 in live streams; Wang Yi would never do something that damages his brand like that.
In any case, this wave wouldn't result in a loss; instead, there was a high probability of making a fortune.
Wang Yi was confident in both Meiyou and the "pure desire" style.
Others thought about going public to raise money, pursuing a bubble economy.
In Wang Yi's view, engaging in real industry and building a brand could also make one immensely wealthy, and it was a more stable path.
When the tide goes out, you know who's been swimming naked.
Once the clothing business makes money, he would invest in miHoYo!
As for now, he would wait for miHoYo's founding team to hit some walls, to understand the difficulties of the world, before Wang Yi would offer timely help.
Currently, their first game, "FlyMe2theMoon," had not yet launched.
After its launch, the response was mediocre, and the channel revenue sharing was only tens of thousands of yuan, considered a complete failure.
This directly led to miHoYo being destitute in 2012, not favored by the industry, and on the verge of bankruptcy.
It wasn't until Skymoons Network CEO Lu Tao saw its potential, investing 1 million yuan for a 15% stake, that the struggling miHoYo survived.
Only then did it achieve subsequent rapid growth, becoming a super unicorn giant.
This was also miHoYo's only round of financing in over a decade of its existence.
No other reason: after Honkai Impact 2 was launched, miHoYo was not short of money, not lacking funds, and simply didn't need further financing.
Lu Tao's and the founders' shares were never diluted.
Later, miHoYo's valuation exceeded 200 billion yuan, and Lu Tao's 15% stake was equivalent to 30 billion yuan.
A 30,000-fold return on investment, truly a miracle in the investment world!
However, Wang Yi was going to intercept this immense fortune opportunity!
(End of this chapter)
---------------------
Support me on P@treon
[email protected]/charaz
$3 -> 15 chapters in advance
$5 -> 30 chapters in advance
$10 -> 60 chapters in advance
Check my pinned post on P@treon