I became famous in the entertainment industry by burning incense

Chapter 634 Huge Explosion of Repayment and Bonus Shares
Sui Lingfang came across Jin Li's nighttime live stream.

She saw comments from netizens filled with worship and admiration.

They assumed that Jinli wanted to finish her courses early to earn credits, or to try to preview the material so she could skip class and go to work, as long as she passed the final exam.

Sui Lingfang gave a cold laugh.

My friend, your name is Innocence!

She had previously discussed with Jinli that she not only wanted to earn credits ahead of time, but also wanted to complete all university courses within two years, and wanted to study independently, attend classes whenever she wanted, and get A's in every exam.

Besides that, she also wants to take the postgraduate entrance exam! And then the doctoral entrance exam!

If it were any other artist with such unrealistic ambitions, she would have criticized them long ago.

But when it came to Jinli, she hesitated.

After all, this is an artist who, outside of work, made up for his weak foundation in two years and successfully entered the highest institution of learning.

Many unpredictable things, when placed on Jinli's small body, seem to turn the impossible into possible.

In response, Sui Lingfang simply said, "If you want to do it, then do it, as long as it doesn't affect your work."

Just as she was leaving the live stream, she suddenly received a call from Fashion Trends magazine.

An hour later, Jinli ended her live stream and walked out of the studio.

Then I saw Sui Lingfang leaning against the wall next to the door, picking up her phone to reply to a message.

Jinli was stunned for a moment.

"Sister Fang, aren't you going to get off work this late? It's already 9:30 pm."

Sui Lingfang smiled and said, "I have some good news to share with you."

Jinli asked curiously, "You seem so happy, does that mean I'm about to make a lot of money again?"

Sui Lingfang nodded with slight excitement.

Instead of revealing what good news it was, she first asked Jinli, "Do you know the sales figures for the August issue of 'Jinse' on our online store?"

Jinli didn't find any information about this, but she can make a rough estimate.

"It sold for around 20,000 to 30,000 units. I remember it was priced at 39.9 yuan, which wasn't cheap."

Suppressing her excitement, Sui Lingfang said, "It's more than double what you expected! The sales volume has already exceeded 5!"

"Fashion Trends" magazine somehow obtained its actual sales figures, claiming it had already reached 65000 copies, bringing in a whopping 2.5 million!

Two million might not sound like much, but you should know that this is just online sales, not including physical sales.

Wei Ziang once shared a message on his WeChat Moments that physical stores are just as good as online stores, and may even sell more due to advance stocking.

So, all in all, it was just the August issue... or more accurately, just the cover featuring Jin Li and Gu Cheng together that propelled this magazine to its highest sales volume of all the months this year.

August isn't over yet, and there's still a long time until the new issue goes on September 15th.

Even if subsequent sales are not as strong as the initial ones, the long-tail effect is expected to be quite good.

Industry peers predict that Jinse will rake in over ten million yuan in profits from this August issue alone.

This is a very scary number.

It's worth noting that Jinse didn't actually spend much on artist fees when shooting the August issue.

The fees charged to celebrities for filming are often passed on to the brands.

Although Jinli and Gu Cheng don't have any specific brand sponsors, Jinse wouldn't allow the artists to wear unknown brands of clothing.

In this process, the brand and the magazine reached a tacit understanding.

After paying the artists' fees, the magazine still has a surplus of sponsorship fees, from which it can make a profit.

It is said that the clothes Jinli and Gu Cheng were wearing were arranged by [Wangchungui], a luxury brand that specializes in catering to young people.

Not to mention, in addition to paying this fee, Jinse also collects advertising fees from other brands that want to advertise in the magazine.

Wei Ziang didn't say the exact sponsorship fee, but to beat out a host of top international brands like Rumengling and Fangfei, the price must be very high.

Most magazine publishers don't expect to make money from sales.

But clearly, Jinse's August issue broke this rule, giving the magazine industry a shot in the arm.

Sure enough, fashion trends are also trying to jump on the bandwagon and make a quick buck.

Sui Lingfang: "I received a call from Fashion Trends magazine. They want to sign a supplementary agreement with you. They got inspiration from Jinse and they also plan to launch an online sales channel for the September issue."

Jinli asked with some confusion: "Do we need to sign a supplementary agreement? Can't they just release it after giving us a heads-up? Even if we don't agree, they can still use it in the online version?"

Sui Lingfang smiled smugly: "No, the contract we signed with Fashion Trends is different."

"After Jinse sold out its August issue, the legal team felt that Jinse should pay you another fee."

After all, the photos you take are generally considered to be limited to physical sales and the digital versions they offer on their apps.

Regarding physical sales, no one expected them to open an online store, since no other magazines had ever done so, including Jinse herself, who didn't have a dedicated store at that time.

Jinse clearly also took advantage of the booming online store sales to switch advertisers and gain greater profits.

However, after reviewing the contract many times, the legal team finally found a small clause—Jinse could use photos taken by the artist to participate in online sales channels, including but not limited to online specialty stores, etc.

Fang paused for a moment, then continued, "Actually, the legal department saw this clause when you signed the contract, but no one paid attention to it, since no magazine has an online store."

But then you partnered with a fashion trend agency, and Jinse's August issue was almost finished. Rumors started circulating in the industry that Jinse's August issue would be a huge hit.

It was around that time that some people guessed that Jinse might open up a brand new online sales channel specifically for the August issue.

After Jinse appeared on the show last year as a Best Actress winner, netizens urged her to quickly develop online sales channels, but for some reason, nothing came of it in the end. This time, it's just a rehash of old ideas.

A hint of surprise flashed across Jinli's eyes.

She had signed contracts related to fashion and trends, but she hadn't really looked at the details.

She was not sensitive to the amount in the contract.

Many similar gigs offer varying salaries.

However, the fees are not arbitrary; they are based on industry standards.

Money is just a number to her; she has no interest in making money.

"So you mean that the legal team heard rumors that Jinse would be opening an online store, and when they were discussing cooperation with me in the fashion industry, did they deliberately remove this clause?"

Fangjie snapped her fingers: "Yes, delete it!"

"In order to remove this clause, we have also made a small concession on your compensation."

Sui Lingfang said in a relaxed tone, "When you went to shoot for 'Fashion Trends', Jinse's August issue hadn't been released yet."

Rumors of opening online stores have been circulating for a long time, but the risks of starting an online store and selling online are also very high.

Fashion Trends probably didn't expect Jinse to go to such lengths, actually opening an online store and selling only one product: the August issue featuring you and Gu Cheng.

So they quickly made concessions, after all, they really wanted you to participate in this filming.

The August issue of Jinse magazine is selling like hotcakes online, and fashion trends are envious. Therefore, they'd like to sign a supplementary agreement allowing them to open an online store and sell their products online.

Jinli said, "Our team made concessions on my compensation in order to remove this agreement, so if they want to re-sign it now, they should have to pay a higher price."

Sui Lingfang chuckled: "Moreover, the power of negotiation is in our hands." "The fashion and trend people contacted me first, and I didn't give them a definite answer, telling them to contact the legal department."

Then I talked to the legal department, and they offered two options. One option was for fashion brands to pay a large buyout fee to allow your magazine photos to be sold in an online store.

Another option is to split the revenue. This idea was provided to us by Jinse. Jinse split the advertisements in the magazine into two versions for sale: an e-commerce version and a physical version.

The advertising price for the e-commerce version is higher than that for the physical version. If the physical version sells out, the e-commerce version's sales will also be good. Therefore, if a revenue-sharing partnership is chosen, the fashion and trend sector will definitely not lose money.

Without hesitation, Jinli said, "Then let's choose a profit-sharing partnership."

"We make money based on how many copies we sell."

Sui Lingfang also prefers this kind of cooperation, but she needs to communicate with Jinli in advance.

After all, it was Jinli who signed the contract.

"Oh, by the way, I also have something to say."

Jinli suddenly remembered something, went into the workshop, and took out a large envelope.

Many red envelopes are now made very large, almost the same size as a regular envelope.

However, Jinli's envelope was clearly different.

Director Chu gave her a large envelope, the kind used for EMS express mail!
So when the media reporters saw this large envelope, they went crazy, snapping photos like crazy.

Sui Lingfang had already received the news from Chen Qin, so she wasn't surprised to see the large envelope.

The moment Jinli took it out, she had a premonition that Jinli would reveal something.

Jinli: "These are red envelopes from Director Chu. Please help me donate them all."

Sui Lingfang took the envelope; she was already quite used to her artist's "honesty in returning lost property."

Jinli donates one or two million yuan every month, and many times the donations have to be verified by her.

She knew Jinli's accounts and was also very clear about how much money she had recently made.

To be honest, the one or two million yuan in charitable donations each month may seem like a lot, but it doesn't even compare to a single penny she's earned recently.

Last year, Jinli's income didn't increase significantly, but this year it has really risen too fast.

This is thanks to the fact that since last year, Jinli has been more inclined to launch co-branded products with other brands and participate in the sales revenue sharing.

These types of dividends all have a repayment cycle; some are settled quarterly, some semi-annually, and some even annually.

Jinli has recently started receiving payments one after another.

The money each brand brings in is comparable to the endorsement fee for joining a top-tier brand.

And this money will continue to be transferred in the future.

Not to mention that after Jinli's college entrance examination results were released, Chenxi was in talks with several top brands about co-branded products.

The agreed-upon sales commission is quite substantial.

Anyway, we talked to more than we did with second- and third-tier brands last year.

The co-branded brand has upgraded, but the dividends haven't decreased; in fact, they've been upgraded as well.

When it comes to co-branded products, Sui Lingfang thinks of Ya Jun.

Given Ya-Chun's unit price and sales volume, if this collaboration can be negotiated, the amount offered will likely be quite substantial.

The only downside is that these international luxury brands don't give co-branded partners much time to participate in sales revenue sharing.

A quarter's worth of sales, or three months' worth, is already pushing Ya Jun to her limit.

Sui Lingfang also felt that the profit-sharing ratio set by Jinli was almost at the bottom line.

If she received a rejection call from Ya Jun Watches in the next few days, she wouldn't be surprised; it's really too extreme.

Meanwhile, Ya Jun Clocks, which Sui Lingfang was talking about, was still having a meeting late at night.

After the company's employees finished discussing the matter, they presented their opinions to the senior management.

Some of the senior administrators are also shareholders.

Senior management, especially shareholders, tend to discuss matters much faster than those in the middle and lower levels.

One issue is time.

Shareholders, who are busy investing in various places and have countless other commitments, don't have that much time to spend on one project.

If we delay them by even a minute, we might lose a business opportunity.

Furthermore, people in the lower and middle classes have to consider many factors, while people in the upper classes only think about one thing—

That is, whether or not it can make money.

As long as it's profitable, sharing some of the profits isn't a bad idea.

Let's all make money together; it's a win-win situation.

It's not that these people don't want to eat alone.

However, if you want to have it all to yourself, you must have the absolute ability and resources to outdo your opponent.

But now?
They need Jinli's popularity to expand the market. If they don't offer some incentives, which celebrity would work so hard?

It is indeed possible to collaborate with other celebrities, but can we guarantee that other celebrities can achieve the same level of influence as Jin Li?
Look at their sales figures, how impressive!
Ya Jun has always done very well in the men's watch market. If it were the men's watch market, they would not only not consider Jin Li, but would also ridicule her, saying, "Wishful thinking!"

However, their market for women's watches is really too weak.

"I approve. What are your thoughts?" one of the managers asked directly.

"As long as we can expand the market, giving up a little profit is no problem, and it's not a lot."

"Agree!"

So the next day, Chenxi Entertainment received a call from the person who had been in contact with them on Yajun's side.

"The deal is done, we can cooperate!"

"If the sales of this co-branded product are very good, the company would like to collaborate with Jinli a second time!"

Sui Lingfang didn't think much of a second sentence; she had seen too many of these empty promises.

She only focused on the first sentence.

"Chenxi needs to see the co-branded products first and confirm that the quality and price are not a problem before a formal contract will be signed. At present, we can only sign a verbal agreement."

The person in charge replied succinctly: "Sure!"

Ya Jun Watches' watches are resistant to any testing; they have great confidence in the quality of their timepieces.

After Sui Lingfang finished her conversation, there was a knock on the door.

Chen Qin came in somewhat nervously with the large envelope, and said hesitantly, "Sister Fang, are we really going to donate all the money in this envelope? The amount is a bit large."

Sui Lingfang was stunned.

"Given the size of this envelope, even if it were for money, it could only hold about 20,000 or 30,000, right? Is this alright?"

Chen Qin shook her head. "Not only that, Director Chu also gave Jinli another check inside."