I am a mage, with an infinite mana bar!
Chapter 59 High-end Customization
"Because it often leads to a new field of research, or even fills a gap in a certain field, and creates wonderful reactions with known magic!"
As he spoke, he walked to his desk and took out a stack of parchment.
This new type of paper uses raw materials that have nothing to do with animal fur; they are mainly plant fibers such as cotton and linen. Because the technology is not yet mature, the quality varies, but it is cheap and inexpensive.
The paper contained handwritten notes by the clerk, with many blank spaces.
He handed Lynn a brand-new dip pen, pointing to a corner of the ivory-white paper and said:
"Lynn, as the first citizen to discover and officially register this magic, you have the right to name it. Just write it here. Have you decided on a name for this magic?"
"Let's call it 'Ring of Frost'." This is the name that comes with the grimoire, and Lynn thinks it's quite suitable. There's no need to add anything unnecessary.
Luke glanced at it, nodded and smiled, "Okay, I'll fill in the rest. It's not important. The Magic Association is very lenient in its review of magic patents. As long as it meets the three criteria of innovation, safety, and dissemination (the completeness of magical knowledge reaches the level required to make a spellbook), it will pass smoothly."
He sat down on the soft chair opposite Lynn, casually flipped to a page of the document, spread his legs apart, leaned slightly forward, clasped his hands together, and rested his elbows on his knees.
Through his thin-rimmed metal glasses, his grey-blue eyes looked at Lynn intently, with a smile on their face.
"Next, I need to have a proper discussion with you about our cooperation with the Golden Tower."
Lynn, who had a premonition, joked, "President, are we going to discuss matters of the Mage Tower in the Magic Association?"
Luke raised an eyebrow, unconvinced. "Have you forgotten that this is originally the territory of the Golden Tower?"
Lynn was speechless. He had really forgotten that the Magic Association of Colin Town was actually located in the Golden Tower.
This is truly a case of being in a prime position; his magic patent hasn't even been approved yet, and collaboration offers are already pouring in.
However, Lynn seemed to have no better choice. When it came to businesses related to magic patents, the Golden Tower was undoubtedly the best in terms of seniority and reputation.
"Mr. Lynn, as a representative of the Golden Tower, let me first briefly introduce the types of cooperation for the Magic Patent, which are specifically divided into four categories:"
One option is a one-time buyout, where the Golden Tower will pay you a lump sum for the right to use the magical knowledge you provide and create magic books and related items within a specified time and scope.
I recommend this method when you urgently need money, but not under normal circumstances.
This is related to your long-term benefits and the stability of our partnership.
Secondly, there is the model that combines an entry fee and commission. This model is the most common in your situation and is also the one I recommend most.
We will pay you an initial fee at the beginning of the cooperation, and thereafter we will pay you a commission periodically based on the sales volume or profit of the products.
This means we can maintain a long-term and stable partnership, and if we can continue to profit, it will be a win-win situation.
Third, we will sign a minimum guarantee clause, meaning that regardless of whether we are profitable or not, we will pay you a minimum licensing fee every year.
This type of collaboration is recommended when you are not optimistic about the prospects of your patent.
Fourth is technology exchange, where neither party directly uses funds for the transaction, but instead offsets costs by exchanging patent usage rights.
This is more common between individual spellcasters.
Luke finished the call in a professional and methodical manner, and then gave Lynn a questioning look, as if to say, "If there's anything you don't understand, feel free to ask me."
Lynn could only sigh inwardly, thinking that as expected of the "magic merchant" of the Golden Tower, he was a completely professional manager compared to a mage.
After a moment's thought, Lynn decided to eliminate the first and third options. The former was like trying to catch fish out of a dry rut, while the latter was too conservative and the returns would be too low.
Generally speaking, he would choose the second option, since he could receive a fee immediately and continue to receive commissions. The only drawback was that the commissions were directly linked to the sales or profits of the patented product, and he was not very optimistic about the sales of the "Frost Ring" spellbook.
As for the fourth option, Lynn's motivation stemmed entirely from his interest in magic. He wondered if he could trade knowledge of the "Frost Ring" for more first-ring magic.
"Mr. Luke, is it possible for me to trade with one party for knowledge of the 'Frost Ring' in a fourth way, thereby acquiring the corresponding magical knowledge, and then trade with more people in the same way?"
Lynn told Luke about her idea, mainly to confirm the feasibility of this method with professionals.
Luke immediately shook his head and said, "No, generally speaking, technology exchange contracts will include provisions requiring mutual confidentiality, which eliminates the situation you described."
"However, you can also choose to allow both parties to distribute their patents to third parties. This may achieve your goal in the short term, but it will quickly spread and devalue your magical patents, which is definitely harmful in terms of overall benefits."
He paused for a moment, giving Lynn time to think, and then said, "I still recommend that you choose the second cooperation method. Although your magic is not attractive enough in the low-end application market, as a brand new and well-known magic, it has great potential in the mid-to-high-end market."
"Those mid-level senior and elite mages, with their high social status and ample funds, don't mind spending the money for a first-ring spell to buy a low-ring spell that can be used to upgrade their ring."
"Of course, low-level magic can only be upgraded to mid-level at most, but with the completeness of your magical knowledge, there's even a possibility of upgrading to the sixth level! That's quite rare."
Lynn's eyes lit up. He had never thought of this direction before. So, the possibility of advancing to a higher level of magic by virtue of the completeness of knowledge could actually attract senior or even elite mages to buy it?
"Mr. Luke, if that's the case, how should the spellbook be priced and sold?"
The quality of a magic book is determined by the amount of knowledge recorded spiritually, and the price is determined by the quality. However, Lynn is not very clear about the specific pricing and operating strategies.
Luke smiled and said, "I suggest using a tiered strategy. Pricing should be market-driven, and the production quantity should be less than 10% of the total, but it cannot be completely absent. The main purpose is to let those apprentice spellcasters know that this spell exists. If they can advance in the future, they will naturally come back to buy it."
"Mid-quality spells account for 30%, as they are designed to balance cost and benefit and are primarily aimed at novice spellcasters."
"High quality will be the main focus, accounting for 50%, primarily targeting experienced and elite spellcasters, especially the elite level. I think we can produce some specially customized spellbooks with a knowledge completeness approaching 90% or even 100%!"
Lynn blinked. "What about the remaining ten percent?"
Luke smiled, pleased that Lynn had listened attentively, and explained in a gentle voice:
"As I said before, a perfect spell, a complete collection of magical knowledge, is of immeasurable value to researchers!"
"Moreover," he emphasized meaningfully, raising his index finger, "these old scholars are generally backed by nobles. They may not be well-off, but they are not stingy at all when it comes to things that can make their research breakthroughs."
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