Future Stamps and Coins Diary

Chapter 110 Already prepared
"No! Don't give up. Just continue operating in a different way." Lu Feng said easily.

"The emergence of the guaranteed repurchase agreement means that the current model is doomed to fail soon. Even if I try my best to avoid it, it will be a thankless task. Now is the time to seize this opportunity and transform in advance."

"Are you so sure that the exhibition hall model will die out?" This time, it was Liu Sangen who spoke.

Lu Feng nodded very confidently.

If his actions had not changed the course of stamps and coins, this model might have continued to exist for a few years. But now everything is accelerating, and Lu Feng has reason to believe that this model will soon go downhill.

After all, he understood from the beginning that such unrestrained expansion would have devastating consequences.

"I am very sure that it won't be long before all the terminals in Guangzhou will face a catastrophe."

The four of them naturally didn't believe it, but in the final analysis, Lu Feng had the final say in this new company.

They have already reaped unexpected rewards in the past year.

"You always talk about transformation. Do you have an idea in mind?" Xie Jiao'e asked.

Lu Feng nodded: "I have some immature ideas, but I have to take it step by step. I don't know how far I can go!"

"Lv Feng, do you have any ideas? Can you share them with us?" Xu Huiying was the only one who was the most dedicated. She still had eight stores under her. If they were going to disappear soon as Lv Feng said, she also wanted to know how to transform.

"I want to build a market outside the stamp and coin market!" Lu Feng summarized it in one sentence. He found that the four people all looked puzzled, so he apologized: "Wait a moment, I will sort out my thoughts."

After a while, Lu Feng spoke again: "To put it simply, it is to establish a trading center similar to a market. In this trading center, whether it is the main force, the big investors, or the retail investors and senior collectors, they can put the goods in the trading center for sale after they have passed the inspection. A bidding system will be established to buy and sell according to the quotes in real time every day."

"We adopt a membership system, and each person has an independent number. In other words, each number represents a small vault, and the key to the vault is in their own hands. They also control the price of the goods inside and the flow of goods. We only provide intermediary services."

“First, to ensure the authenticity of the collection; second, to ensure that the transaction is 100% smooth; third, to ensure the safety of the inventory.”

All four of them fell silent.

Except for Huang Doudou who was actually confused and simply thought it made sense, the other three were smart people who understood things quickly and figured out the advantages of this so-called trading center.

Compared with the current stamp and coin market, it is indeed a great innovation.

It can also ensure that newcomers don’t have to worry about the authenticity of the goods. As long as there is a sufficiently authoritative appraisal agency to provide guarantees, this problem can be avoided.

However, the three of them also realized its problem at the same time.

Xu Huiying said: "If this model can be promoted, the current exhibition hall model will definitely not work. But there is a difficulty. Why should merchants in the market put their goods here? Since there is a service, it means there is a fee. No matter how low the fee is, it is a burden for them."

Lv Feng replied: "So, the premise is to have a large enough user base. As long as there are enough buyers, no merchant can resist this temptation."

"Where does the user group come from?" Xu Huiying continued to ask.

Lu Feng smiled helplessly and said, "That's why I said we need to take it slowly. It's impossible to achieve it all at once."

In fact, Lv Feng did not confess that through the results of this star-making, he has gradually seen a glimmer of possibility. He just needs to work hard again and again until this group is enough to support his ultimate dream.

There is another thing that Lv Feng did not say explicitly, which is that you need to have a certain voice in the market, especially a very high status, so that they can believe that it is safe to put things here. This is why Lv Feng must succeed in operating the first product no matter what.

Only by success can we gain the right to speak and have sufficient funds to establish this trading center.

"Your ideas are always too advanced. I dare not even imagine them. How much financial resources, authority and appeal are needed to accomplish this great feat," Xu Huiying concluded.

In her opinion, this disruptive model cannot be accomplished by anyone in the entire industry alone.

"We are not from this industry, so we don't understand the details. But it sounds very interesting," Liu Sangen confessed.

Xie Jiao'e also nodded: "It's good that Afeng has an idea. Whether it will succeed or not is up to him. Anyway, I will listen to him."

"Hahaha!" Lu Feng couldn't help laughing when he heard that. "I'm talking about the ultimate fantasy. With our current situation, we're still a long way from our goal. Appeal, resources, funding, manpower... I don't even dare to think about it."

"Anyway, I don't understand it!" Xu Huiying still thinks it's a fantasy. "What I see now is that the new company has just been established and nothing has been done yet. Everyone has run away. We are sitting here discussing the ultimate fantasy. It's a bit ridiculous."

"Sister Xu is right! Let's keep our feet on the ground. Let's get back to the topic! We must do repurchases. It is related to the experience and benefits of our supreme VIP customers, and also to the stickiness of future cooperation." Lu Feng smiled and continued, "In fact, I had expected today's situation a long time ago. The 180 supreme VIP cards launched earlier were prepared for today."

"Have you noticed? In fact, the promise of the Supreme VIP Card is the same as the current guaranteed buyback."

The four of them were instantly awakened by this.

Especially Liu Sangen and Xie Jiao'e, their eyes widened as if they had just met Lu Feng.

Supreme VIP was launched last year, but they all thought Lu Feng must be crazy.

But after comparing it now, it is indeed as Lu Feng said, these 180 best customers have enjoyed the promise of guaranteed repurchase from the very beginning, but in a different way.

Lu Feng’s statement at the time was: no-reason refund or exchange at the original price within one year.

Original price, refundable, exchangeable! What’s the difference with the current one-year guaranteed buyback?
"Lv Feng, you are so terrible!" Thinking of this, Xu Huiying exclaimed sincerely.

No wonder during this period, those small customers made a lot of noise, but not a single supreme VIP customer turned against us, and none of them even came to question us.

Because they have already enjoyed the same service.

"Is it scary?" Lv Feng laughed again, with a sense of control in his smile. "Sister Xu, do you know what the current market price of Jianguo banknotes is?"

Xu Huiying didn't know why he suddenly mentioned this, so she frowned and asked, "How much?"

Huang Doudou, who was standing nearby, finally found an opportunity to interrupt and quickly said, "Today it's more than 130."

Lv Feng continued Huang Doudou's words and said with a smile: "Last year, the average price of the Jianguo banknotes we sold was 80 yuan. According to the current market conditions, if we set the repurchase price at 120 yuan, what do you think will happen?"

"All supreme VIP customers will make a 50% net profit in three months. Guaranteed repurchase. Is there a service as awesome as this?"

(End of this chapter)