The Birth of Shanghai's First Conglomerate

Chapter 43 A Sudden Fortune

Song Yanxi accompanied her older sister Chen Yao on a tour of Beijing for several days.

There are many ways to make money these days, but the most popular is undoubtedly internet entrepreneurship.

They can't handle this.

Even Chen Pingsheng himself said that the internet is something that can only be dealt with by chance.

If good projects come up in the future, they are willing to invest.

Doing it yourself is absolutely not an option.

No education is no education. Trying to do things you can't control will definitely not end well.

These people are currently better suited to traditional industries.

Because his older sister used to run a small shop, Chen Pingsheng wanted her to continue doing that.

The location is on a commercial street, and you can get a prime shop by paying a transfer fee of four or five hundred thousand yuan.

Earning two or three hundred thousand a year from now on will definitely not be a problem.

Small shops, also known as mini-supermarkets, generally have decent profit margins.

This kind of business doesn't have many barriers to entry; it mainly depends on the location. If the location is good and there's a lot of foot traffic, the business will naturally be good.

The eldest sister, Chen Yao, is quite experienced in this field.

Chen Pingsheng felt that this was the safest option for her.

They can pay the transfer fee, but the other investments in the shop will still be borne by the eldest sister's family.

We can't let them pay for everything.

Chen Qi thought this was a great idea. The couple could open a small shop in Beijing and earn a stable income of several hundred thousand yuan a year. Their life would be much better than in Shacheng.

If we buy another house, the family won't have too much pressure in the future.

Chen Yao didn't want to make a decision on her own, so she wanted to go back and discuss it with her brother-in-law.

Chen Pingsheng took her to the train station, waiting for the two of them to make a decision before coming back.

With National Day just around the corner, perhaps they've become familiar with their fruit-selling routines here.

The orchard even took the lead in launching a recharge activity.

The scale of the delivery was much larger than usual; it wasn't just a delivery of durians.

Instead, it's a "top up and get free money" promotion, like topping up 500 and getting 100 free.

This kind of offer is like "top up 1000 and get 300 free".

Many customers have already topped up their cards there; it remains to be seen how he will handle the situation.

Don't talk about martial ethics.

After Chen Pingsheng arrived at the company, Zhang Tao, Liu Jing, and the others also came.

All five main street shops in Shijingshan District have completed the initial customer acquisition and customer accumulation phases.

What we need to do now is to recoup our investment in one go, or even earn a year's worth of money in a month.

After all, these five stores represent their largest investment to date.

It cost a full eight million to open.

“Old Chen, if the orchard is doing this, and we just keep giving away durians, the scale of our business won’t be very strong.”

“They give you 300 yuan free when you top up 1,000 yuan, and 300 yuan is more than enough to buy durian.”

Chen Pingsheng thought about it and realized that the event would definitely have to be changed.

The intensity of the effort must not be less than that of the orchard.

It looks even more attractive than that.

This requires certain skills.

Actually, the greater the investment, the better it is for him personally, since he can increase his income through random multiplication during this round of top-ups.

The real impact is on Zhang Tao and his group.

How do you think we should plan this event?

"What else can we do but keep an eye on them? If they give 100 free for every 500 they recharge, we'll give 200 free. If they give 300 free for every 1000 they recharge, we'll give 500 free for every 1000 they recharge."

That's certainly direct and violent enough.

It's clearly a fight.

Use magic to defeat magic.

Chen Pingsheng felt that this was even more generous than giving away durians, but it couldn't be limited to a thousand.

They also want to charge 3,000.

Deposit 3,000 and get 1,500 free plus a durian.

If this event were released, he was certain that the original plan to deposit 20 million in October would be realized.

It could be anywhere from thirty to fifty million.

Once this recharge promotion ends, both they and the orchard will almost certainly end the price war.

Directly raise prices.

If prices aren't raised, they'll all face huge losses.

After all, the money given away can be used for normal consumption, which is equivalent to a 25% discount on the original price.

They have to take this discount into account.

Only in this way can we guarantee profits later on. Chen Pingsheng made the decision: let's do it this way.

He hasn't received a random multiplier in a long time.

This wave of profits is huge; half of it will be used to pave the entire Shijingshan district, and the other half will be invested in the entertainment industry.

After all, he has now unlocked the entertainment industry investment function, and once he has money, he wants to register a Tencent Entertainment Investment Co., Ltd. in the Second Ring Road.

In the future, it will be used specifically for investing in TV dramas.

Also, experience what it's like to be a cultural business owner in the entertainment industry, where beautiful women abound.

After this round of spending spree, he will definitely step into the entertainment industry.

After completing its shareholding reform and transformation, Tengsheng Group's execution capabilities have improved many times over.

Chen Pingsheng also set extremely high recharge bonuses for the management of the five stores.

For single-store top-ups under three million, the team receives a bonus of one hundred thousand.

Single store top-up amount between three million and five million.

The team will receive a prize of 200,000 yuan.

Between five million and eight million.

The team will receive a prize of 300,000 yuan.

High bonuses motivate employees to work harder.

If they can really achieve 30 million in recharges by October, then the store managers of these stores will be very happy.

Monthly income will not be less than 100,000.

Those waiters wouldn't earn less than 20,000 or 30,000.

The goal is to ensure that both the boss and employees can make money and also enjoy a share of the profits.

The recharge event, which was originally planned to start during the National Day holiday, started directly on September 25th.

As before, durians are piled up like mountains.

Event banners were hung everywhere, and the number of checkout counters increased from four to eight.

That's doubled.

There's no need to worry about them running away. After all, even in 13, very few barbershops went out of business, let alone a super-large fruit supermarket like theirs.

In particular, Tengsheng Fruits made a name for itself in Shijingshan District.

They open stores incredibly fast.

It seems like they can be seen everywhere overnight.

After this wave passes, Chen Pingsheng will definitely make sure to cover Shijingshan completely.

A complete regional monopoly has been formed.

The same applies to topping up; at Nongguoyuan, you get exactly what you pay for.

He has a random multiplication effect. How would you like to deal with it?

Song Yanxi doesn't go anywhere now; she just watches the numbers on the financial statements rise rapidly every day.

What could be more exciting than this feeling?

Day 1 of the recharge event.

The five stores raked in a staggering 1.2 million yuan.

On the second day of the recharge event, they raked in a whopping 1.31 million.

On the third day of the recharge event, they raked in 1.38 million.

Song Yanxi felt as if banknotes were constantly flying towards her.

Chen Pingsheng secretly scorned her, thinking that the young woman was just ignorant.

They're so happy with just this little bit of money, let me tell you, I'll make a killing.

"Ding, congratulations host for accumulating an income of 1.98 million. Would you like to activate random multiplication?"

"Turn on."

Two unadorned golden dice reappeared, and with the addition of a six, there was a clear greater chance of rolling a high multiplier.

The first one, wobbling, came to rest on the number five.

Chen Pingsheng's eyes lit up; he couldn't be happier.

He's been poor for two months. Do you know how I got through those two months?

They didn't go to any brothels.

Of course, that was all a joke; I was mainly excited.

His decision to invest 11 million yuan in opening a store in Shijingshan was incredibly wise.

This is what it means to get rich overnight.

The revenue from giving away cash for topping up your card is actually higher than giving away durians. Durians have a cost factor, but the cash given away has no cost factor.

An unexpected surprise.

If the young lady next door knew he had this kind of income, she'd probably go crazy over him tonight.

"Ding, congratulations to the host for receiving an eight-fold random boost."

"Ding, your Alipay account has received 1584 million yuan, and your balance is 1592 million yuan."

(End of this chapter)