Chapter 657: Chapter 409: Income from Two Worlds_2
However, despite this, the annual profit shown at the end of the year was only one hundred thousand Good Deed Points.
This made Tang Panchui, the lady boss of the shop, very worried.
“Son, why don’t you let the workers continue producing Rank-1 talisman papers next year? At least we’ll have something to make money from.”
Chen Mobai was holding his talisman brush, constantly writing and drawing on his workbench. He was parsing the talisman code of the Equaling Heaven Art while Tang Panchui leaned over and suggested this idea.
“Techniques are reliant on practice. From what I can see, the quality of the talisman papers at the end of the year is significantly improved compared to the beginning of the year. I want to give Director Pan another chance so that the quality of our Jade Talisman Paper will reach Rank-2 by next year.”
Chen Mobai didn’t really care whether their Flying Sky Talisman Factory could make money. He could take the unsold Talisman Papers to the Eastern Wilderness.
In addition, if stored properly, talisman paper can be preserved for decades.
His puppet factory ran at full capacity this year. Subtracting the usual efficiency loss from the wear and tear of the puppets, it produced a total of 3.6 million Rank-1 top-grade talisman papers.
In Eastern Wilderness, Liu Wenbo, his senior apprentice, managed five major markets in Jian Country. This, combined with collaborations with various talisman paper shops, and expansion into the four nations under Divine Wood Sect, achieved a total annual sales of five hundred thousand papers.
Just this income alone amounted to more than forty thousand spirit stones.
However, Chen Mobai overestimated the spending power in the Eastern Wilderness. He brought a million talisman papers over there this year and expected to sell them all, only to realize that the market in the four nations of Divine Wood Sect could only absorb half of them.
Thanks to the fact that the puppet factory produced low-cost and high-quality talisman papers — and everyone knew that he, the number one sword cultivator of the Divine Wood Sect, stood behind Xiao Nanshan Shop — its large turnover was not preyed upon by the covetous. Otherwise, all these profits would have been snatched already.
Despite that, Liu Wenbo did not dare to leave the market area over the past year, fearing that he would be robbed by rogue cultivators.
On a normal day, he would not hesitate to spend spirit stones to use the teleportation array to travel between the Sect and the market.
Compared with the hot sales in the Eastern Wilderness, the performance of the shop in the immortal realm was much worse.
The quality of the talisman papers produced by the puppet factory was just average in the Immortal Realm, and so was the sales volume.
Flying Sky Talisman Factory originally had a comprehensive ecosystem, producing thirty types of talisman papers, ranging from Rank-1 lower-grade to Rank-2 lower-grade, with various categories including Golden Paper and Rock Paper, and produced according to the orders from dealers.
However, due to the restructuring of the industry chain by the puppet factory this year, they only produced two kinds of talisman paper: Rank-1 top-grade and Rank-2 lower-grade.
The dealers would not adjust their requirements due to them, so they only ordered twenty thousand Rank-1 talisman papers and one thousand Rank-2 jade talisman papers as needed in previous years.
Of these, almost half of the jade talisman papers that did not meet the quality standards were returned by the dealers.
As a result, the reputation of Flying Sky Talisman Factory had somewhat deteriorated, and most of the contracts for Jade Talisman Paper for the next year have been canceled.
At the end of the year, only 2.1 million Good Deed Points were credited to the company account, which barely kept them afloat.
If they were to repay the bank loan and interest, it would certainly not be enough. thus, Chen Mobai used this as an excuse to apply for permission to lower prices from the relevant authorities.
The Immortal Realm has a guide price for every item on the market. You can price your item higher than this guide price, but not lower, in order not to disrupt the market and cause various chain reactions.
However, if the company was on the verge of going under with heaps of stock left in the warehouse, they could apply to the Immortal Business Department of the Immortal Realm for permission to lower prices.
In the warehouse of the puppet factory, there were roughly two million Rank-1 top-grade talisman papers. Thanks to Chen Mobai’s reputation, the Immortal Realm Department in Red Sandstone City didn’t even send personnel to check and directly greenlit the request.
With this document, Chen Mobai could sell his products below the market guide price.
He did not push it too far.
The official guide price for the Rank-1 high-grade talisman paper was 80 Good Deed Points a piece and he applied for 70 Good Deed Points.
In any case, over two hundred million ordinary Qi Practitioners in the Immortal Realm had to budget for each Good Deed Point they spent, without having reached the Foundation Establishment phase yet.
Therefore, the lower price will definitely capture most of the market.
In just half a month, more than two hundred thousand units were ordered from Flying Sky Talisman Factory’s online shop in the Immortal Realm, which exceeded Chen Mobai’s expectations.
However, by the end of the year, many businesses had applied for price-reducing permission through connections. While his 70 Good Deed Points was considered a considerable drop, there were still many competitors in the market.
After this, sales began to fall sharply.
Even so, the sale of those two hundred thousand talisman papers had already netted Flying Sky Talisman Factory an income of 14 million Good Deed Points.
Since there were no labor costs, and the pulp materials were the Red Sun Spiritual Wood from Divine Tree Secret Realm, which had no costs, this 14 million was pure profit.
Tang Panchui was a bit unsatisfied and wanted to stimulate sales with promotions such as ‘buy ten get one free’.
However, Chen Mobai considered and then shook his head in refusal.
Best to keep a low profile in the Immortal Realm.
Moreover, if they started a ‘buy ten get one free’ promotion now, customers who bought the previous two hundred thousand would feel like they lost out and could potentially demand refunds, causing even more trouble.
Although Chen Mobai could issue additional pieces, talisman papers have a long shelf life. If they couldn’t be sold here, he estimated that the stock would not be enough once Xiao Nanshan Shop expanded across the entire Eastern Wilderness.