Future Stamps and Coins Diary

Chapter 150 How does the brain grow?
On October 10, an announcement was quietly released on the official website of Zhongbo, which was not very popular to begin with.

Ten minutes later, Xu Huiying sent it to all Jiuzang customers using a mass messaging platform.

【Invitation to the internal test of Zhongbo Trading Platform】

Lu Feng handed over Jiu Zang's customer list to Xian Ruijin in advance and customized the internal test invitation database.

"Mr. Lu, isn't the internal test reward a bit too generous?" Xian Ruijin was holding the announcement that Lu Feng requested to be released.

It clearly states that every user who participates in the test, as long as they complete the real-name authentication and deposit 0.01 yuan to test, will be able to receive a th anniversary of the founding of the People's Republic of China commemorative banknote when the market officially opens in the future.

According to statistics, the total promotion cost for more than 120 test places is million.

Lu Feng did not explain much and asked Xian Ruijin to directly release the announcement.

The remaining Jianguo notes were the sum of the previous terminal inventory and the collection on the opening day. Lv Feng didn't have much spot goods left, and he had some of each variety he handled, but the Jianguo notes had the largest quantity and the lowest unit price.

Lu Feng’s idea was very simple. Even if these people sold all of the Jianguo banknotes immediately after the market opened, there would still be a real trading volume of nearly 10,000.

As he expected, the registration channel was instantly crowded as soon as the announcement was released.

Xu Huiying had to transfer several store managers to the Bank of America office to help with registration and certification work.

She has informed the managers of the eight stores that they will complete the deregistration within the next half month and transfer the customers to the transaction center. According to Lv Feng's intention, they will be given a half-month buffer period to give them time to find a job.

All employees who are willing to transfer to Zhongbo will be recruited.

The final result was that all eight store managers expressed their willingness to stay, and half of the other employees also re-joined the company.

The finances were handed over to Xu Huiying and three of the most trusted store managers, and the inventory and registration of the collections were also arranged.

Looking at the office that was starting to get busy, Lu Feng finally breathed a sigh of relief.

Huang Doudou, Wu Xin and the other two were finally released.

The two people behind were also officially assigned positions, responsible for the safe security management of the collections and the inventory registration of collections in and out of the warehouse.

On October 10, the system's internal testing had been going on for a week, and all customers had completed registration and authentication.

"Brother Feng, something went wrong!" Huang Doudou suddenly walked into the office in a hurry and closed the door behind him.

Lu Feng was perfecting the trading rules and looked up when he heard this.

Huang Doudou simply pulled over a chair. He no longer wore jeans but overalls. He looked a little more dry and his actions more steady.

He lowered his voice to a level that only Lu Feng could hear. "Jiuzang's end customer is making a fuss."

"It's only a matter of time." Lu Feng replied calmly, and asked, "Is it because of the guaranteed repurchase agreement?"

"Brother Feng, you are amazing. How did you know that?" Huang Doudou asked in amazement. Lu Feng thought that this guy was really forgetful sometimes, so he reminded him, "Don't forget which article made the Jiujiexia account famous!"

"Shrimp God, oh my god...how could I have forgotten again..." Huang Doudou then remembered that the first group of people who followed Shrimp God were because he reminded all the terminal merchants of the risks behind the "guaranteed repurchase agreement".

"No wonder you weren't worried at all when they plagiarized your ideas. It turns out you knew this day would come!" Huang Doudou couldn't help but exclaim.

"Do you know why I officially launched the entire project only after the guaranteed repurchase agreement and the 8050 four-in-one incident?" Lu Feng asked him with a smile.

Huang Doudou has been influenced a lot by staying with Lu Feng. He is no longer the younger brother in the market. After thinking carefully, he has some ideas in his mind, but he is not too sure. He humbly said: "Brother Feng, tell me. Let me see if I am right."

Lv Feng has been cultivating Huang Doudou's ability to think independently and deal with problems. He did not hide anything at this time and said directly: "Like I said before, the guaranteed repurchase is a pit that harms the terminal, but it takes a process from its appearance to its explosion. The more repurchase agreements they signed at the time and the larger the amount, the bigger the thunder will be later. Especially after the 8050 four-piece was deceived by us, they had to use the terminal to digest it."

"This will lead to an explosive growth in the amount of guaranteed repurchase agreements. According to my statistics, they have signed at least 300 million yuan for this product."

"The boss behind Lingdong will never throw away such a big piece of fat meat as the terminal. The best way is to connect it to the trading center for reuse, just like us. The premise of connecting to the trading center is to cancel the terminal, otherwise customers will not come to the store again after knowing the real market price. The two companies have hundreds of stores and 500 to 600 employees. No team dares to say that they are supporting them in vain."

“When they signed the guaranteed buyback agreement, they definitely didn’t expect that a trading center would emerge later. When they copied our model, they definitely didn’t expect that the faster they ran, the faster the guaranteed buyback would explode.”

"Now they are faced with two unsolvable problems."

"First, the guaranteed repurchase agreement was signed for one year. Now, before the end of the year, or even half a year, they have cancelled all the stores. This is suspected of fraud in the eyes of customers. The solution is to repurchase according to the promise, or to promise to connect the 8050 four-piece set to the trading center for digestion."

"It is almost impossible to buy back immediately. Even if they can come up with 8050 million yuan to do this, the price of these goods will be reduced by half when they flow back into the market, and the operation of the four-piece conjoined group will be declared a failure. Therefore, in the end, they will definitely find a way to persuade customers to entrust their goods to the trading center for buying and selling. As long as the price is raised above the price they signed when the market opens, the crisis can be temporarily resolved."

"At this time, the second unsolvable problem arises. That is the problem of trust!"

"The trust of end customers has dropped to the freezing point. I'm afraid that only a few customers will accept this practice. Then there will be trouble in the end."

"The result is that the team behind Lingdong is forced to walk on two legs at the same time. The first step is to buy back to stabilize the morale of the troops, and then to entrust it to the trading system for trading and then take another step to make it move smoothly."

Lu Feng analyzed it to him bit by bit.

After hearing this, Huang Doudou was so impressed that he was completely overwhelmed. "Brother Feng, what's wrong with your brain?"

Lu Feng definitely did not set foot in the market today, he could confirm that.

However, today, the end customers of Guangxin and Tiangong jointly came to the market to cause trouble, and the final result was just as Lu Feng said.

They promised that if you can't wait, you can buy it back directly at the original price. If you can wait, they will send the goods to you for custody and trade on the trading system.

And they promised that the price would not be lower than the repurchase price of 12000 yuan they signed.

This is almost exactly the same as what Lu Feng inferred!

Okay, after three days of continuous updates, I am officially back to the story of the stamp and coin market. Thanks again for your feedback.

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(End of this chapter)