Rebirth of Fishing Village: Starting from Hua Axiang in Jiehu Village
Chapter 1530 How to Spend Money
Chapter 1530 How to Spend Money
"Ding Xiaoxiang".
"I didn't expect you to have considered something like this. Judging from the looks of it, Sun Tie and Ma Ping will definitely have to get out of here at the dock!"
Yang Qin was very happy, as she had been somewhat worried about this matter, or rather, extremely worried about it.
The most important thing about engaging in a price war is whether you can make money in the end. If you can't make money, then there's no point in doing it, and there's no need to do it at all.
Ding Xiaoxiang and Ding Chongshan had clearly thought this through long ago, knew how to do it, and were certain that doing it would make them money.
This is the most important thing; if you can't make money from it, it's really useless.
"How could we not make money? What's the point of doing this if we don't make money? We definitely have to make money, and we absolutely have to make money."
"The price of fish, shrimp, and crabs won't stay the same all the time. Even if Sun Tie and Ma Ping buy these fish, shrimp, and crabs from these people, the price won't be the same all year round. It will definitely change with the market."
"The price offered when competing for business is one thing. Once you've secured the business, those prices will definitely change when the time is right. In other words, we only need to seize the market share held by Sun Tie and Ma Ping. Once we have it, we can decide to raise or lower prices based on the market situation."
"As long as our price reductions, especially those based on market conditions, no one, including the boat captains, can say anything against us. They simply cannot say that we are acting unfairly."
Ding Xiaoxiang smiled and told Yang Qin that there was actually another matter.
Yang Qin didn't pay much attention at first, but after listening, she was stunned. She really didn't expect there to be such a thing, but she had to admit that it was really like that.
The prices of fish, shrimp, and crabs are really not static; sometimes they are one price, and sometimes they are another.
In order to grab business, Ding Chongshan will definitely offer higher prices than the prices at any given time. But the key issue is that once he secures the business, he will have to lower his prices when the prices of fish, shrimp, and crabs in the market drop after a while.
"Ding Xiaoxiang!"
"How come I've never thought of that before? You're really amazing at doing business!"
Yang Qin had to admit that she had never thought of such a thing before, and never imagined that this business could be done this way.
When competing for business, they can raise prices, but when it comes to lowering prices, they can do so openly and legitimately.
Who could have imagined something like this?
In most industries, once prices rise, it's not easy to bring them down. But for the fish, shrimp, and crab trading industry, this is commonplace.
"This industry is indeed a bit different from other industries."
"The prices of fish, shrimp, and crab vary considerably depending on the season and market conditions."
"We're raising prices now to compete with people like Sun Tie and Ma Ping for market share and business, but once everything settles down, it's perfectly normal to want to lower prices, and nobody will say anything."
“Especially those who go out to sea to fish are even less likely to have any objections, unless the price offered is lower than the market price.”
"But no legitimate businessperson would do something like that. Nobody would offer a price lower than the market price for no reason. Isn't that blatant disrespect? Nobody's stupid. Why would they sell the fish, shrimp, and crabs they've worked so hard to catch? They'd rather sell them to someone else who offers a normal price."
Ding Xiaoxiang smiled.
The industry may not be like that. In fact, this kind of thing is very common in the fish, shrimp and crab industry.
"Come on!"
"Anyway, if you've figured this out, then that's fine!"
"Why do you think that at this point you can be 100% certain that you can seize market share and make money?"
Yang Qin wasn't joking; she genuinely felt that way right now and believed she had a very high chance of making money.
"Who can say for sure about these things? But judging from the current situation, the chances of making money are still very high if we want to achieve this, especially after taking market share from Sun Tie and Ma Ping?"
Ding Xiaoxiang wasn't bragging; she genuinely felt that the chances were very high.
"This kind of thing is actually not that difficult!"
"As you said, the people who catch fish, shrimp and crabs on those big fishing boats must sell them to people who pay higher prices."
"In this way, we will definitely have a chance, and a very good chance, to snatch the fish, shrimp and crabs they have collected."
"The next competition will simply be about who has more cash on hand and who can hold out the longest."
"How could we possibly have less cash on hand, especially the cash in Zhao Dahai's hands, than others?"
“Sun Tie and Ma Ping’s business has indeed been very successful; they have made a lot of money over the years.”
"Perhaps at first they would be willing to raise prices with us to buy fish, shrimp and crabs, but as time goes by, they will have to carefully consider whether to continue like this, or to know when to quit while they are ahead, and whether they can keep the money they have earned over a long period of time."
“My view is very simple: Sun Tie and Ma Ping will initially follow our price increases, but they will stop and withdraw before long.”
Yang Qin wasn't looking down on Sun Tie and Ma Ping; she genuinely felt that they couldn't hold out for long and would have to seriously consider whether they could win in this business competition. If they felt they couldn't win, they wouldn't last long and would likely have to surrender and admit defeat quickly to save their money.
Ding Xiaoxiang smiled.
Yang Qin's statement is absolutely correct; it is indeed the case. If this goes on for even a little longer, Sun Tie and Ma Ping will really have to seriously consider whether they can withstand the pressure and whether they can keep their money. If they stop early, they can keep their money. On the contrary, if they keep going and win in the end, there will be no problem. But if they lose, they will lose all their money and will never be able to earn it back.
“Sun Tie and Ma Ping have gone through a lot of ups and downs to get their business to where it is now. They would never give up so easily. Or perhaps they have faced many opponents, but none of them had a good way to deal with them. It’s just that this time they are facing no ordinary opponent, but us.”
Ding Xiaoxiang knew that Sun Tie and Ma Ping were definitely not easy to deal with, but it really depended on what kind of people Sun Tie and Ma Ping were facing. If it were their previous competitors, Sun Tie and Ma Ping would definitely have a great chance of winning. But the problem was that she, or rather, she and Zhao Dahai, had enough cash on hand. This was definitely an opponent that Sun Tie and Ma Ping had never faced before.
"Yang Qin!" "A bloody battle is definitely brewing at Shijiao Village Wharf!"
"Let's just wait and see what happens next, what kind of situation will arise."
"Perhaps it's just as you said, and it won't be long before this matter is settled."
Ding Xiaoxiang looked at the brightly lit Shijiao Village Wharf in the distance, where many fishing boats had already gone out to sea to fish, and she could hardly see any other fishing boats.
The biggest difference between Shek Kok Village Wharf and other wharves is that the water here is very deep, allowing even huge fishing boats to dock. Many large trawlers and deep-sea fishing vessels operate here. The area is teeming with fish, shrimp, and crabs.
In other words, the business here is very large.
You can collect a lot of fish, shrimp, and crabs here and make a lot of money. Because of this, the competition here is very fierce.
Sun Tie and Ma Ping will definitely not sit idly by and wait to die; there will surely be a bloody battle.
"Ding Xiaoxiang".
"You're right!"
"But this is something we absolutely have to do. The most important thing is that we really have the opportunity and the ability to win, so why not do it?"
"We're not even twenty years old yet! Are you suggesting we just sit around making money from the businesses we have now? Don't we want to think about making more?"
Yang Qin smiled.
Perhaps if Ding Xiaogan and I were already forty or even fifty years old, we wouldn't be thinking about such things anymore. But the key issue is that whether it's myself, Ding Xiaoxiang, Zhao Dahai, Liu Lei, or anyone else, we're all around twenty years old. It's impossible for us to just stick to the businesses we have now.
If the businesses you have aren't making money or are making very little money, there's definitely not much you can do. You can only keep all your ideas to yourself. But now everyone's businesses are making money, and a lot of money at that, so it's even less likely that you'll just do nothing.
"Correct!"
"That's right, that's exactly how it is. How can we just do nothing at our age? We have to do things and make money whenever we have the opportunity, and we have to make as much money as possible."
Ding Xiaoxiang nodded without hesitation.
That's absolutely true. We, Yang Qin, and everyone else are all very young, around twenty years old. If there's an opportunity, if there's something to make money like this, we'll definitely be willing to invest in it.
Who would think they have too much money?
Such a thing simply cannot exist in this world.
If you want to make more money, someone has to make less money; that means you'll inevitably be taking money from others.
This is the market share that Ma Ping and Sun Tie have this time.
"correct!"
"Ding Xiaoxiang".
"If we had enough money on hand, where do you think we should invest it?"
Yang Qin suddenly remembered something she and Liu Lei had casually mentioned a few days ago.
"Judging from this, Hongyun Restaurant has made a lot of money recently, and you can't even spend the money you have."
Ding Xiaoxiang glanced at Yang Qin.
Yang Qin couldn't help but roll her eyes.
"Ding Xiaoxiang".
“If others say something like this, I really have nothing to refute, but don’t you feel guilty about doing something like this?”
"Hongyun Restaurant has been doing really well lately, making a lot of money. But it depends on who we compare it to. Compared to our competitors in this town or even the county, we've definitely made a lot of money. But compared to the fish that Zhao Dahai caught, we're not even close."
Yang Qin glared at Ding Xiaoxiang.
It really depends on who you compare it to. Recently, Hongyun Restaurant's business has been excellent, and it even shows signs of getting better. They're making a lot of money every day. But the problem is, compared to someone like Zhao Dahai, who can catch thousands, even tens of thousands of kilograms of various kinds of fish every day, it's really quite far behind.
“We have accumulated some cash at this point, but we don’t know how to spend it. We can’t just keep it sitting on our hands, otherwise it’s useless.”
Yang Qin knew very well that she had nothing to hide from Ding Xiaoxiang. Recently, Hongyun Restaurant had made a lot of money, and she had gradually accumulated enough cash.
I had been considering whether to expand Hongyun Restaurant, or even open a branch, but I still can't make up my mind to do such a thing.
The building in the center of town has been renovated.
Not to mention the shops on the first floor, even the shops on the second and third floors have all been rented out.
By now, the shops that were quick to act have already opened for business, and the business is booming. As a result, the entire building is thriving, and the shops are in high demand. If this continues, all the shops on the fifth and sixth floors will be rented out.
This place not only doesn't cost money, but it's also constantly making money out of your pocket.
This is really a headache; I don't know how to spend the money.
(End of this chapter)
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