chapter 30
An executive of 1000 Won Shop was suffering from the recent surge in prices.
The identity of the 1,000 won shop is to sell ultra-low-price items in units of 1,000 won, but as prices rose, that identity gradually distorted.
Items sold for 1,000 won need to be sold at 1,100 won due to rising inflation to make a margin, but selling at 1,100 won will shake the identity of a 1,000 won shop, and selling it for 2,000 won is like raising the price too much at once.
While worrying over and over again, an executive who suddenly received a request for a meeting about delivery from Seron’s Han Ji-hyeok.
Originally, it was not something that an executive level would do, but he was an executive who directly organized the meeting because Han Ji-hyeok, an A-class awakened person, was no one else.
“Our shop doesn’t deal in shoes and clothes.”
The executive thought about what products could be delivered to the 1,000 won shop in Seron.
“Towel? Or what, cloth?”
The overwhelming cost-effectiveness of Seron has already established itself in the textile industry.
So, the executive was looking forward to the meeting with Han Ji-hyeok.
smart.
Then someone knocked on the conference room door and said.
“CEO Han Ji-hyeok is here.”
The door opened and Han Ji-hyeok entered the meeting room.
The executive stood up from his seat and smiled brightly.
“Welcome, CEO Han!”
Han Ji-hyeok, who is presumed to be a Class A Awakener and the representative of Seron, which has emerged as an absolute powerhouse of cost performance.
Han Ji-hyeok lowered his head slightly and said.
“nice to see you. This is Han Ji-hyeok.”
“Sit over here.”
Han Ji-hyeok sat down at the executive’s words.
The executive smiled and said.
“I’ve heard a lot about it in the past. Innovative business techniques using skeletons. I respect you, Mr. Han.”
Han Ji-hyeok waved his hand and said.
“no way. You can not float it. I’m just an Awakener who was lucky enough to awaken.”
“Still, it’s great just to show off your abilities 100 percent perfectly. hahahaha.”
After exchanging good wishes like that, the executive said with his eyes shining.
“By the way, you want to deliver to us.”
“yes.”
“Is it some kind of towel or cloth?”
Then Jihyeok Han said with his eyes shining.
“A towel and a cloth? Are they all made in China?”
“Almost all of them are like that.”
“How about Korea?”
“There is also Korea.”
“Is there? Can it compete with Chinese products?”
“Towels and cloth are standard products, so they are well automated, so although they are a bit more expensive than in China, considering the logistics cost, it’s not bad.”
Then, Han Ji-hyeok said with an expression that looked Kim.
“Do you have an automated machine? Then pass.”
“…?”
Not towels and cloths?
“Then are you a doll?”
“What about the doll?”
“You can think of all dolls as being made in China. That really costs a lot of labor.”
“oh! It’s good.”
Han Ji-hyeok said with his eyes shining.
“Doll, I’ll put it on the list. I will contact you when production is done soon.”
Han Ji-hyeok is finally putting it on the list.
That meant that dolls were not the subject of this meeting either.
“Then maybe…”
Executives asking about textile-related products like that.
At that time, Han Ji-hyeok shouted “Pass” when there was automation, and “Like” when the product was plastered with Chinese products.
When the 20 questions that started without knowing it showed no sign of ending, the executive laughed and took a sip of coffee and said.
“I think I’ve said everything that comes to mind. I want to guess more, but nothing comes to mind.”
“hahahaha. I was excited about this, so I kept getting it. I should have shown you things and told you. sorry. I’ll show you right away.”
As Han Ji-hyeok reached out, a sub-space was created on the table.
And 10 electronic products from subspace.
“···hmm?”
Han Ji-hyeok said as he picked up the hair dryer.
“This is sold for 25,000 won on the Korean Internet, right? But that’s it, the final consumer price that the importer puts on his margin and blah blah blah blah is about that, maybe the price from the factory is roughly around 10,000 won? But I will give you this very cheaply.”
“How cheap do you mean?”
“Korean… 7,000 won?”
“Poop!”
The executive sprayed the coffee he was drinking on the floor and said.
“Eh, is this 7,000 won?”
Of course, there were hair dryers in the 1,000-won shop where the executives worked.
That’s a whopping 5,000 won.
However, it is a mini hair dryer that looks cheap to anyone and is intended to be carried in a small bag when traveling, while this is a proper hair dryer used in ordinary households, but to sell it for 7,000 won.
The executive looked at the hair dryer with a blank expression and said.
“By the way, didn’t you just say they were selling for 25,000 won on the Internet?”
“Yes. But it’s made in China. And this?”
Han Ji-hyeok smiled and said.
“Domestic.”
The executive shook his head and said.
“That’s not what I mean, is it legally okay?”
An executive asking if he did an illegal dead copy.
Then, Han Ji-hyeok flicked his index finger and said.
“It can’t be. It was made with an official license.”
“You said you bought a license?”
“yes. I only make legal stuff. Same goes for the rest of the products here.”
Han Ji-hyeok smiled and said.
“I want to deliver all of these to the thousand-won shop. It’s also at a cost-effectiveness level similar to that of a hair dryer. Any thoughts?”
*
The product planning and management team immediately rushed to the conference room after receiving a call from an executive.
The team leader operated the hair dryer to check the air volume, and said with an absurd expression.
“Is this 8,000 won?”
“Isn’t it great?”
“···There is one thing I felt while looking at and checking out a lot of products. Cheap is cheap for a reason.”
A thousand-won shop that only handles the most cost-effective products in Korea.
Of course, the product planning and management team that checks and inspects the products to be put on the shelves of the 10,000 won shop are people who have touched and touched products with good cost-effectiveness countless times.
The head of the product planning and management team said with a puzzled expression.
“But this . . . really makes no sense. How cheap and useful it is.”
of course.
Could I have picked something?
To be honest, it’s not that there aren’t any dryers that cost 8,000 won, but most of them are just shiny on the outside, but when you buy and use them, you can see that they have poor performance.
Among the ones I tested, the design was quite elaborate, but the air volume was so weak that there was even a dryer that mistook it for some kind of breeze.
However, this is a similar price to such a cheap class, but the performance is about 20,000 won.
I was aiming for that in the first place and bought licenses for just that level of products.
The team leader put down the dryer and this time raised a mini vacuum cleaner.
It is literally a mini vacuum cleaner that can be used to clean the desk.
“How much is this?”
“Three thousand three hundred won.”
“Four, three thousand three hundred won?”
The executive also shook his head as if he was dumbfounded.
“Don’t we have something similar to this, Chief?”
“Yes, it costs 5,000 won.”
“How much does that cost to deliver?”
“It is 4,800 won upon arrival at the warehouse. Even if it wasn’t so, I was contemplating whether to raise the price to 6,000 won because the price went up…”
The team leader lifted up the mini vacuum cleaner and said.
“If you change the product with this, you can maintain 5,000 won, but the margin is higher.”
Then, he lifted other products and said.
“This one, this one. It’s all nonsense.”
I said with a relaxed expression.
“I’ll go back first, so would you like to check it slowly?”
Then, the silent executive shook his head and said.
“I don’t think there’s any need for that, since there’s no point in checking further. Do you have a contract?”
okay.
If you look at this price and performance and just pass it on, you will be abandoned.
Anyway, it’s a contract.
Should I do another round?
“I don’t know if you know, but I’m quite sensitive about contracts.”
Then the executive smiled and said.
“You don’t have to worry, because I already found out about the shoe contract when you said you were coming.”
hey
good job!
“As long as you don’t distribute it on the market at a price that is lower than the price you supply us, there won’t be any problems.”
no way.
There are commercial morals, but not that far.
Then the executive said with his eyes shining.
“ah! And one more thing. As you may not know, our company is a joint venture between Aoun Group and a Japanese 100 yen shop.”
“is it so?”
“But recently Japanese 100-yen shops are also suffering from rising prices these days. So, by the way, would you be able to deliver there as well?”
No Japan, but exporting from Korea to Japan is a way to earn foreign currency, so there’s no problem, right?
“It’s a call.”
“Then, I need some products to send as samples to the Japanese headquarters…”
“That’s easy.”
When you snap your fingers, the subspace reappears, and the packaged products pop out of it.
“It looks really comfortable. If this is the case, I think logistics innovation will be possible.”
Of course it’s possible, but I have to go back and forth to do that, and that’s too annoying.
Moving my body just to pay for the transportation cost is too poor.
“By the way, how many have you made?”
“Hmm… roughly 30,000 each?”
Then the officer opened his mouth wide and said.
“Four to thirty thousand each? You haven’t even signed a contract yet?”
“Well, since I want to buy raw materials, I have to order a lot at once to get them cheaper. So I ordered a whole lot.”
A way that is possible because there is confidence in success.
I said with a bright smile.
“Okay then…then this is the sample. Bring the contract. There’s nothing to waste time on, right? Let’s do it quickly.”
*
The reason why Cheonwon Shop was chosen as the first target for targeting the Korean market was simple.
Because Cheonwon Shop is the strongest distributor of low-end electronic products with stores nationwide.
That’s how we induce all people to try SR Electronics’ products and imprint them in their minds.
The ridiculous cost-effectiveness of SR Electronics.
No matter how cheap or good a product is, if people don’t buy it and try it, it’s useless.
From that point of view, the nationwide distribution network of Cheonwon Shop was the most efficient and reliable way to spread SR Electronics’ products nationwide.
“Now I have to export too…”
Once you have penetrated the 1,000 won shop, it is only a matter of time before you enter the Korean market.
Then, the next step is to develop an export market.
“What should I do?”
The price competitiveness and performance are sure enough to attract even the executives of the Cheonwon Shop, which boasts the best cost-effectiveness in Korea, but the problem is also recognition.
The reality is that if you search for just one hair dryer on the Internet right now, you will find over a thousand types of hair dryer.
In other words, we need a sales point that makes people want to buy SR Electronics’ products.
“I was comfortable with the shoes because the manufacturers took care of them.”
Trying to move with your own mark is a bit daunting.
The first thing that immediately comes to mind is supplying products through leading distributors in each country, such as the 1,000 won shop in Korea.
However, it was only in Korea that Seron was well-known and easily penetrated the 1,000 won shop, but the story is a bit different overseas.
Of course, once you meet and feel the cost-effectiveness of SR Electronics, you are confident that winning a contract is not a job, but when do you meet and persuade distributors in so many countries?
There’s nothing you can’t do, but it’s very inefficient.
“Is there any better way?”
Then someone knocked and said.
“CEO, the commander of the commanding horse has arrived.”
It is a luxury item that everyone envy, but in fact, the original cost is only tens of millions of won, and it does not require much effort to maintain.
“uh? Wait a minute, shall we bet on the spirit horse as a prize?”
Once a month, the serial number of the SR electronic product is drawn and the person who owns the winning product is given a gift as a gift.
It doesn’t matter if you are a Korean or a foreigner.
Then, wouldn’t there be foreign consumers who want to buy our SR products for fun as rumors spread?
And the smell of money wafting out as demand is created naturally makes suppliers move.
“okay. What do I need to look for? I just need to make them come to me.”
At the same time, it will be a definite reason to buy SR Electronics’ products and a selling point, so it is more suitable.
I said with a bright smile.
“good. Go with this.”