Chapter 309: Skill
In the early 1980s, Hong Kong City, as the world's third largest financial center, experienced an overall boom in manufacturing, real estate, and finance.
The per capita monthly salary has doubled from the late 1970s, exceeding the 1,500 Hong Kong dollar mark.
The official price in the Republic is equivalent to 270 yuan, and the black market price is 345 yuan.
As citizens of the most developed country in the world, the average monthly salary of Americans is close to one thousand US dollars.
The official price in the Republic is equivalent to 1,893 yuan, and the black market price is about 2,400 yuan.
Looking at our republic, the per capita salary in the capital is only 60 yuan.
Even absolute foreign aristocrats like Song Huagui and Ning Weimin.
Their income can equal the salary of several ministers, and they are among the top rich people in the Republic.
Then their income levels are also much lower than their French counterparts.
Even because of completely different social systems, welfare systems, and exchange rate issues, the income gap has become even wider.
Mr. St. Bliss, the trademark agency manager hired by Pierre Carton in France, is an example.
Logically speaking, this company executive who is responsible for managing commercial licensing contracts for Pierre Carton is equal to Song Huagui at the administrative level.
To put it simply in terms of monthly salary, I am afraid that the sum total of all the employees of the Republic Branch from top to bottom is barely worth the salary of one person.
Such a reality is undoubtedly worthy of deep sorrow for all our people.
But from another perspective, it is not worth our frustration.
Because it is precisely this that makes our republic full of unlimited commercial potential.
It is also the main reason that attracted Pierre Cardon to come to the Republic to seek investment cooperation.
You must know that countries with backward economies will inevitably have more commercial needs, and there will also be products that are undervalued.
Then finding these value depressions is equivalent to finding profits.
We must admit that Pierre Carton, the French fashion design master, is really a shrewd businessman.
When many people in the Western world turn their attention to the Republic, they focus on how we can feed one billion people.
It is a joke that our country is so poor that its industrial base is a hundred years behind that of the Western world, and that it has nothing to offer except underground mineral deposits.
This old French man discovered that the cheap labor force in the Republic is actually a huge treasure.
And come and take action, immediately use the population of this country to create benefits for your own business empire.
So he saw the resources that others couldn't see and made a fortune.
Of course, we may have to say one more thing.
In this world, in this time and space, if there is a businessman who understands the situation of the Republic better than Pierre Carton and is more shrewd, it is Ning Weimin.
Why do you say that?
This is because although this kid has limited financial strength, he also faces far more restrictions than Pierre Carton.
However, he still fully exploited the potential of human resources and became the first and only local person to enjoy my country's demographic dividend.
Isn’t this awesome enough to explain the problem?
First of all, in terms of profit methods.
Use cheap labor to transform cheap inventory clothing, and then sell Ning Weimin at a high price in the country.
Obviously, it is more cost-effective and smarter than Pierre Cardin, which sells clothing products produced in the Republic to Western countries and mainly earns the labor price difference.
Because Ning Weimin not only saw that our country’s living expenses such as housing, coal, water, electricity, food, transportation, medicine, culture, education, and labor services.
The consumption level of ordinary people is much lower than that of Western developed countries, and all these aspects are underestimated and ignored.
On the contrary, he is equally clear about high-end luxury goods, home appliances, clothing, and many light industrial products that represent advanced life and fashion.
But because of our backward technical level, we are being severely sheared.
So he has two ends, the top is higher and the bottom is lower.
That's naturally a higher profit margin than just eating one piece of Pierre Carton.
Especially by relying on aesthetics and insights beyond the times, we use ready-made slow-selling and defective products to improve them.
If it succeeds, it will be a huge profit among huge profits.
For example, Ning Weimin now wants to make simple modifications to Curry's old-style dress before summer comes. Specifically, the first is to change long sleeves into short sleeves.
The second is to change the lapels to round collars and sweetheart collars.
Third, add different-color piping to the cuffs, collar, and skirt.
See if you can add a belt if appropriate.
As far as the general status quo of domestic clothing lacks design these days.
These changes in details are actually not difficult to impress customers.
Think about it, this is equivalent to selling the product at a higher price than the original product at a 20-30% discount on the production cost.
How many times the profit is it?
What does it cost?
It’s nothing more than cheap labor, water, electricity, office and rental costs.
In addition, a more critical point is.
No matter how good you think, you still have to be able to do it.
It won’t work if I don’t let you do it.
These days, the controversy over the employment of workers and the scale of development of individual industrial and commercial households is intensifying.
The economic crisis in the South that shocked the whole country has just passed.
Although the final conclusion has not yet been announced, the "seven ups and downs" have become an ironclad line that defines the nature of private employment.
Why are the "Eight Kings" being investigated? Isn't it just an ideological dispute? The scale of the individual economy is still strictly controlled by the state?
This is the characteristic of the business environment at that time, which belongs to the particularity of the times.
So according to the actual situation, these days, foreign businessmen can enjoy our demographic dividend, but our own people cannot. This is of course very unfair and very helpless.
But Ning Weimin used a very clever method to break through such restrictions and successfully achieved his goal.
This is a ploy to sell dog meat.
Through cooperation, let the street set up a sewing club to help him manage all the affairs of the workers.
In fact, it is like using the sewing club as a sign and a front, and Ning Weimin uses this to resist industrial and commercial taxes.
At the same time, Director Li from the street and Aunt Bian from the neighborhood committee became his workshop directors.
He does not pay wages to others, and they also need to raise equipment themselves.
But on the other hand, both of them have to thank him on behalf of the street and neighborhood committee.
Just look at what happened, Ning Weimin was like a wolf eating a rabbit, but he took every advantage he could and didn't waste any of it.
Isn’t it your skill to plan your business on this?
As for the workers, of course they were losing blood.
There is no fixed salary, no welfare labor insurance, and no paid holidays.
But for the words "no cap" and the processing fee of 20 to 30 cents per piece.
Leave everything at home behind every day, endure the exhaustion and come here to work hard.
Even if they want to chat, they are more casual.
But because of the work-by-piece distribution system, the labor efficiency is better than that of workers in state-owned factories.
How would these people know?
Ning Weimin took care of the neighbors in Courtyard No. 2, selling clothes for only fifty cents each.
Therefore, Su Jinsheng's fear that the sewing club will stop running after it is launched is purely unfounded.
Ning Weimin, who he was grateful for and believed to be a great benefactor, was also dazzled by the huge profits that the sewing club had brought to him since its opening.
I am happily planning carefully and continue to think about how to make more profits from it.
If someone doesn’t let him do it, he will bite him instead.
(End of this chapter)