Reborn since 1993

Chapter 572: Support the bold to death, starve the timid to death

There was a long queue stretching all the way from the main entrance of Yangcheng Department Store. Chen Zuhan looked at the scene in front of him and wondered if he had not woken up yet.

A pinch on his thigh, the piercing pain made Chen Zuhan realize that he was not dreaming.

Just as he closed his eyes for a while, so many people suddenly appeared in front of the gate of Yangcheng Department Store. Even though Chen Zuhan knew that so many people might be here for the Shenzhou Electronic Dictionary, he still couldn't help but ask his assistant, "Go and find out. These people are here to buy..."

"I'm here to buy the Shenzhou electronic dictionary!"

"I've just asked around, and they're all here to buy electronic dictionaries, but the group at the front of the line are scalpers!" The assistant said without waiting for Chen Zuhan to finish.

Yangcheng Department Store usually has good business, but not to the extent that there are long queues before it opens. All those who come here early in the morning are here to buy electronic dictionaries.

These scalpers were not arranged by Chen Zuhan, but came here on their own. As the saying goes, ducks know first when the river water warms in spring. Although scalpers are hated, they have a very sharp nose. After the electronic dictionary went on sale, they were the most active.
These scalpers all want to get the machines and stock up, and then wait until the official channels are out of stock, then they raise the price and make a fortune!
This is not a whim of theirs, but the result of their experience. From electronic pet machines to Xiaolingtong mobile phones and Shenzhou USB flash drives, basically all of them are hot sellers. The scene of the crowds queuing today has given them a great boost of confidence, so they are naturally ready to do a big job.

Chen Zuhan got off the car and looked at the long queue of people. The scene in front of him was much bigger than he had expected. Even if he had expected that many people would buy machines today, he did not expect that so many buyers would appear so early in the morning.

The better the economy, the more importance is actually placed on education. When the first generation has solved the problem of food and clothing, they will definitely start to pay attention to the education of the next generation. This is human nature.

Guangdong Province, as the region with the best economy in the country, naturally attaches more importance to education, and parents naturally invest more in the education of the next generation!

The queues of people, parked bicycles, motorcycles, cars, etc. caused the traffic here to become congested. Yangcheng Department Store and the Traffic Police Station also sent people to maintain order for fear of chaos.

"I want one hundred Shenzhou electronic dictionaries!"

When the door of Yangcheng Department Store opened, the crowd rushed in and all went to the electronic product counters inside.

Cao Taizheng took the lead and came to the electronic counter. He said to the salesperson that he was just a small scalper working alone and had no big brother behind him. Small scalpers like him were "small fry" and had to bear all the losses and profits by themselves.

Some of the small scalpers have "big brothers" behind them. To put it bluntly, they are dealers who do not follow the rules and want to make more money. Otherwise, how would so many goods come out?

These dealers use scalpers to mark up the prices and sell the goods in bulk, which is equivalent to killing two birds with one stone. They get commissions from the brand and then make the difference from the buyers.

Working as a scalper for a dealer means you don’t have to worry about losing money, and you can get a guaranteed income, but you make less money. Cao Taizheng works alone, the risk is a bit higher, but you can earn more!
His financial resources are limited now, and one hundred machines, nearly 70,000 yuan, is the limit of what he can raise now.

"One hundred machines?"

The salesperson was obviously stunned for a moment. Cao Taizheng didn't waste any time. He took off the bag he was carrying and took out stacks of bills from it.

"Put it on him!"

The manager of the electronics counter came over at this time, had the bills checked, and then spoke to the counter staff.

Now Dongling Hi-Tech has not said that scalpers are not allowed to buy anything. Besides, for the electronic counters in the shopping mall, they make commissions, and they would like to sell as much as possible!
Cao Taizheng picked up the heavy bag after filling it up. He had never done any heavy work before, but at this moment his adrenaline surged and he actually ran straight out of Yangcheng Department Store with the bag on his shoulder.

The people in the queue at the back looked at Cao Taizheng who took away 100 machines at once. They were still a little confused and didn't understand what was going on. Then they heard a voice from the front, "We want 500 machines!"

The people in the queue, who were originally a little confused, became a little nervous at this time. If the group of people in front of them bought up all the goods, then wouldn’t they have waited in line for nothing?
"You bought so many machines, are you going to eat them at home?"

"Now that you've finished shopping, what should we buy?"

"Damn it! They must be scalpers, trying to rip us off by raising the price!"

The crowd in the back started to curse, but the scalpers in the front line were not panicked at all. Since they were already scalpers, what sense did they have to have to be shameless? They couldn't stand being scolded and thought they might as well change their careers as soon as possible. If they wanted to do this job, they had to be bold, careful, and thick-skinned!
"We can't buy in groups!"

The scalper in front replied and continued loading the goods.

"These scalpers are playing big games, they are not afraid of getting too full, just these scalpers have taken away more than 2,000 electronic dictionaries!" The assistant standing nearby couldn't help but say to Chen Zuhan. Chen Zuhan has put 40,000 machines in Yangcheng, 15,000 of which are put in Yangcheng Department Store, but now more than 2,000 machines have been bought by scalpers as soon as they went on sale.

Chen Zuhan looked at Cao Taizheng who was running away with some admiration. Of course, he made his first pot of gold by reselling and making a profit from the price difference, which he accumulated slowly.

"These days, the brave ones will die of overeating, while the timid ones will die of starvation. If you open a business, can you still be afraid of people eating too much?"

Chen Zuhan shook his head. Scalpers are indeed not a good thing, but sometimes, the presence of these people can play an unexpected role.

Just like now, after a few scalpers in the front grabbed the machines, the people queuing behind them became visibly agitated, fearing that the electronic dictionaries would be sold out.

This is just like robbing a house. Even though you know the sales department has someone to help you, once you get emotional and are afraid that you won't be able to get the house, you start clamoring to buy a house with a 30-year mortgage. Even Li Zhongtang of the Qing Empire didn't dare to sign the contract because of the high interest rate, but some people sign without blinking an eye.

After Cao Taizheng left Yangcheng Department Store, he took a taxi and went straight to the house he rented. He hid one hundred Shenzhou electronic dictionaries under the bed.

Before the Chinese New Year this year, his net worth will double, or he will lose everything and be in debt. It all depends on this time. At this time, Cao Taizheng is waiting in front of the TV for news.

It only takes a day or two to get the results, and when the TV news reports the sales of Shenzhou Electronic Dictionary, whether the electronic dictionary will be sold out in Guangzhou will be the moment that determines Cao Taizheng's fate.

If you look down at Guangzhou from the air, you can see that several major department stores in Guangzhou, especially electronic shopping malls, are full of long queues.

On the streets, you can often see couriers wearing Oriental Express vests, riding motorcycles and tricycles, shuttling through the streets and alleys of Guangzhou to deliver goods. A considerable number of them deliver Shenzhou electronic dictionaries!

The same scene also happened in major cities such as Yanjing, Shanghai, Pengcheng, Jinling, and Hangzhou.

The Shenzhou Electronic Dictionary went on sale, and the stocks in the Dongling Hi-Tech concept stock sector on the A-share market also fluctuated today.

From time to time, news came out on the stock market. At 10:10 in the morning, it was suddenly reported that the 50,000 electronic dictionaries launched in Yanjing were snapped up by parents, primary and secondary schools, major universities, and people who wanted to study abroad in Yanjing.

As the news came out, Dongling Hi-Tech concept stocks soared across the board, but were soon "refuted". When the media swarmed in, Dongling Hi-Tech's Yanjing branch declared that it had not shorted it.

Then there was news that the sales of Shenzhou Electronic Dictionary suffered a setback, and the share price of Dongling Hi-Tech concept stock, which had just skyrocketed, fell sharply. Starting from this piece of gossip, all kinds of news were flying around in the A-share market.

Some investors in A-share market, who had been cut off several times, realized that someone was cleaning the market and deliberately fabricating news to cut them off. However, at this time, a considerable number of investors had already jumped out of the market and were cut off by the market makers.

At 11:30 in the afternoon, Dongling Hi-Tech concept stocks started to hit the daily limit again, but this time many small investors and leeks were scared after being cut back and forth in the morning and dared not follow suit.

The result was that at half past eleven, when the A-share market was closing, Dongling Hi-Tech concept stocks rose across the board by more than 8%, and some stocks hit the daily limit.

Then, the news released by the central media’s financial channel at noon made countless investors feel regretful.

"From 9.3pm yesterday to pm this evening, Focus Media's TV shopping platform has received more than orders for Shenzhou electronic dictionaries in China!

In addition, in Hong Kong, Korea, Siam, Singapore and other places, Focus Media has received preliminary orders for 3.5 electronic dictionaries on local TV shopping platforms. The specific sales volume needs to be further counted! "

Li Yan, who had just returned to Yanjing, said in an interview with the Financial Channel, "Focus Media TV Shopping Platform guarantees that the products will be delivered to users within a week. Users in Yanjing, Shanghai, Guangzhou and other cities will get the products today!"

The cities covered by Focus Media's domestic TV shopping platform are mainly first- and second-tier cities, where transportation is relatively convenient. In addition, Oriental Express delivers goods itself, so the speed is relatively fast.

However, once the news from the financial channel came out, it still caused a huge stir in the domestic electronics industry and the A-share market!
You know, TV shopping was not yet a mainstream shopping channel, but Shenzhou Electronic Dictionary had already sold nearly 100,000 units on the domestic TV shopping platform channel, and even sold 30,000 to 40,000 units overseas.

Focus Media, a non-mainstream TV shopping sales channel, has contributed 12.8 units to the Shenzhou electronic dictionary. How many units can be sold through offline channels?
The Shenzhou Electronic Dictionary was almost certain to be a huge hit. Even though the first-day sales figures had not yet been released, the media had already begun to throw out news headlines about the Shenzhou Electronic Dictionary being a huge hit!
After the casinos in A-share market opened in the afternoon, Dongling Hi-Tech concept stocks basically all hit their daily limit, and various stocks began to frantically take advantage of the popularity of Shenzhou Electronic Dictionary.

Chen Zuhan did not wait until the evening. At noon, word spread somehow that the Shenzhou electronic dictionaries in Guangzhou were almost sold out. More people flocked to major shopping malls and electronic counters in Guangzhou to grab the machines. Before four o'clock in the afternoon, Chen Zuhan's phone began to ring continuously.

(End of this chapter)