Future Stamps and Coins Diary

Chapter 48 Wipe the butt

Those who are invited today are not small characters, and naturally understand the significance of this promise.

It can be said that it basically guarantees that the collections in the hands of the people present will not depreciate within one year.

But can Lv Feng do it? How much money does it cost to fulfill this promise?

Five hundred million? One billion?
The two looked at each other and saw the worry in each other's eyes.

But the words have been spoken, and there is no possibility of taking them back.

In fact, although Lu Feng looked drunk on the surface, he was very clear-headed in his mind. He knew that the second big pit in the terminal market would begin to take shape in the early spring of next year.

Many businesses also encountered a huge storm in the big pit of "guaranteed recycling" and "promised returns" which were later ordered to be rectified.

The result of the storm was that the entire terminal market was pushed into the abyss, with more than 90% of stores across the country closing down. Even those that managed to survive almost lost their ability to make sustained profits.

But before that, for a long period of time, this new model did bring huge traffic and wealth to the terminal market.

After reading the contents of the diary, Lu Feng knew how deep the pit behind it was. Anyone who jumped into it would be smashed to pieces, so naturally no one would take the initiative to step into it.

Therefore, he changed his approach and provided the upcoming model to the more than 100 people present in the form of a restricted benefit for super members, and it was limited to these more than 100 people.

This approach not only reaps the benefits, but also avoids future pitfalls.

If it were anyone else, the same risk might occur, but for Lu Feng, it could be completely avoided.

The biggest reason for future bankruptcies is the same as almost all financial pitfalls, that is, when promises cannot be fulfilled to customers, a crisis will come.

But what if it can be fulfilled, or even fulfilled voluntarily?

First distribute the goods in exchange for cash flow, and then buy back the distributed goods at a suitable price, so that customers can truly benefit from collecting and thus establish a stable relationship.

If we go a step further and transform gradually, we can gradually bring the terminal model closer to the market model.

At that time, the purchase price differed by only a few points, and monetization became easy, so it was entirely possible to turn it into a service-oriented industry.

This was the final solution that Lu Feng could think of, but he knew very well that there was still a long way to go to achieve this ultimate goal, and it would require huge amounts of capital and scale to support a professional team relying on the service fees from those few points.

Identification, evaluation, mortgage, transaction, auction...

There is so much to do!
He also knows that such a result will end the current price increase model at the market terminal.

But isn’t this a sign of maturity? Making prices transparent so that people entering this industry don’t have to pay tuition fees!
Lu Feng slowly straightened his back and said loudly in the direction of the question: "I know this is a bit exaggerated. No one has ever dared to make such a promise, so it is limited to everyone present. No more than one person is allowed."

"Mr. Lu is so generous!"

"Boss Lu is really a man of character!"

The excited voices rang out, pushing the atmosphere of the banquet to its climax.

More than an hour later, the people in the hall gradually dispersed, leaving only Lv Feng and the other two at the messy scene. "Lv Feng, did you make this promise today on a whim or did you think about it a long time ago?" Liu Sangen lost his previous kindness and spoke in a cautious tone.

Beside him, Xie Jiao'e didn't say anything, but Lu Feng also saw worry in her eyes.

"I have thought about this for countless nights!" Lu Feng said solemnly.

"Do you know what this means?" Liu Sangen asked in a deep voice.

"I know!" Lu Feng nodded vigorously. "It means that these people may increase their investment because of this promise. It means that if the product price fluctuates in the future, it may lead to a repayment crisis. It means the legal risk of not being able to repay. It also means that once it starts, there is no turning back!"

Liu Sangen finally looked much better after hearing this. He nodded and said, "I don't know why you want to take such a risk, but in my opinion, this matter will be difficult to end unless you can ensure that most of the varieties you sell will rise in the next period of time. Only in this way can you use cash flow to offset a small part of the repayment demand and avoid a bomb."

"Third brother, the child has already said what he wants to say and you can't take it back. Don't be so serious and scare him. I know he knows what's going on!" Xie Jiao'e was quite open-minded.

Lu Feng quickly gave her a grateful smile and said, "Aunt E, Uncle Gen can express his concerns, which shows that he really treats this as his own business and has fully considered the risks involved."

"Stop flattering me!" Liu Sangen said angrily, "Don't forget that we are both shareholders now. You are the one who dragged me into this!"

Seeing him like this for the first time, Lu Feng finally couldn't help laughing.

"Uncle Gen, I thought you were a master planner in everything, but I didn't expect you had a hasty side."

"Planning is bullshit! Work hard. If you dare to embarrass us, I will take your things back from you carefully."

"You're so stingy. The goods are worth hundreds of thousands of dollars, and they're from your own company, but you can't stand borrowing them for just two days." Xie Jiao'e next to him said sarcastically.

Liu Sangen, however, was the most helpless with her. He sighed and said, "You. You are already so old, but you are still so willful."

Lu Feng watched the two people start to bicker, feeling somewhat envious, but pretended he saw nothing.

After a while, the two finally got tired of fighting, and Liu Sangen finally came to his senses and said, "You need to implement the VIP card issue as soon as possible. It's best to restrict some related things and write the services in a more pleasant way. The elderly love this."

"Also, you must be very careful in selecting products in the future. Every time you sell something, you must think that it may become a boomerang and hit you in the future before you take it back."

"If you are not sure, you can slow down the pace and try to promote one or two varieties with low value. If it really works, you can gradually increase the volume later. Don't think that you can become a big shot in one bite."

"As for what you said, you know it in your heart. I definitely don't believe it now, but we will be watching you silently from behind to see how capable you are to brag like this!"

Lu Feng nodded repeatedly.

After several contacts, he realized that Liu Sangen was a truly kind-hearted person, the kind of good guy who always thought of others.

Xie Jiao'e was standing nearby, acting as if nothing had happened and had long been accustomed to this kind of situation.

Hasn't it been like this for so many years?
She was looking for something to do, and he tried his best to help her get it done!
What's that unseemly word?

Wipe your ass!
(End of this chapter)