Chapter 50 The fiftieth day since I stopped running away...
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Chapter 50 The fiftieth day since I stopped running away...
The stock market has gone completely mad.
Newspapers, television, even the old men selling vegetables and the old women buying vegetables are all discussing the stock market.
Electric vacuum levels continued to rise, reaching 800 within two days.
At this moment, Zhao Dan and his wife became uneasy.
Zhao Dan said to Wen Chan, "Miss Wen, why don't we buy the stocks? The stock price is too high right now!"
Zhao Dan is worried that she will see news of the stock market crashing tomorrow.
Mr. Ye had a different idea: "I think we should wait and see. Maybe it can continue to rise."
Wen Chan was looking at the newspaper. She shook the newspaper and took the teacup that Jiang Zihan handed her. "Wait a little longer. I think 800 is not high enough."
"How high does it have to be to be considered high?" the fat man couldn't help but ask. He couldn't sit still on the sofa, as if he had thorns growing on his butt.
Wen Chan said, "It's not too late to consider selling after it reaches 2000."
Two thousand? That's just outrageous.
The doorbell rang, and the fat man went to open the door. Liu Yan and Lan Linglong walked in, both dressed fashionably, but dragging two large bags of clothes with them.
Seeing the room full of people, Liu Yan was a little surprised. "Everyone's here."
"Yeah, girl, what did you buy? It's such a big bag," Zhao Dan said, looking curiously at the two large nylon bags.
Liu Yan laughed and said, "We just bought a lot of women's clothing wholesale. Let everyone take a look. Why don't you guys go out for a walk? It's not cold outside today."
After exchanging a glance with the fat man and the others, Boss Ye got up and left.
Jiang Zihan poured a glass of water for each of them, then went over to the nylon bag, opened the clothes, and said in surprise, "Sister Yanzi, why did you buy so many styles, and one by one? These won't be easy to sell."
The most important thing for clothing sellers is repeat customers, especially young women these days who love to follow trends and buy whatever others are wearing.
It's common to see people on the street wearing the same style of red dress.
Therefore, these women often select a few styles and purchase them in large quantities to ensure they capture the profits in one go.
Even if the design is great, if you sell parts individually, people will be unhappy if they bring friends over and hear that you don't have them.
Liu Yan finished her water in one go. "Pour out all the clothes. There are only us women here. Everyone, help me see which styles are good?"
So that's how it is.
When it came to picking out clothes, everyone got interested. Zhao Dan also came over to lend a hand, and the clothes from the two nylon bags were all dumped out, covering the floor.
These clothes are of average quality, focusing more on style, with bright red and green colors, long sleeves, sweaters, knitwear, sundresses, jeans, and so on.
Liu Yan and the others took turns changing clothes. Wen Chan was too lazy to move, so she didn't join in, but she sat aside and watched them walk the runway in their new clothes, which she found quite amusing.
"How is it? This sweetheart neckline dress is nice, isn't it?" Liu Yan asked, twirling around as she held the hem of the dress.
The dress was a common style, but it was considered fashionable for this era. Wen Chan nodded and pointed to a pile of clothes next to her, "These are styles you don't want anymore?"
Liu Yan said, "Yes, I looked at those styles, and they were either too demanding on body shape or too gaudy and picky about who could wear them. On the contrary, I think this dress and plaid shirt are suitable for most people."
Zhao Dan nodded in agreement: "That's true. This dress is great. It can cover up any extra weight, and you don't have to worry about matching it. Just wear a pair of high heels and carry a handbag, and you'll look very presentable."
She touched Liu Yan's dress and looked her up and down. "It's a pity that the design is bad. Look at the waist, the skirt, and the material."
Liu Yan was not angry at Zhao Dan's comments, but instead asked Zhao Dan for a lot of advice.
Judging from her posture, Wen Chan didn't seem to be looking to buy in bulk; it seemed she had other ideas. She pointed to the jeans next to her and asked, "Aren't you interested in these jeans?"
Liu Yan frowned and said, "The fabric for jeans is hard to find, and the pattern is even more complicated."
Wen Chan said, "Isn't what's troublesome for you just as troublesome for others?"
Wen Chan's words made Liu Yan pause in surprise.
Upon hearing this, Zhao Dan looked at Liu Yan and asked, "Little sister, are you planning to make your own clothes?"
Liu Yan scratched the back of her head. "I've made some money over the years, so I'm planning to open my own small garment factory. I'll make the clothes myself and sell them myself, so I can earn more."
Lan Linglong said, "Opening a garment factory is very risky, and it requires a lot of capital."
"The risk is high, but the profit is also high. Sister Zhao, I know you run a garment factory. You know, these skirts, your factory price is usually around ten yuan, right?"
Liu Yan pointed to the skirt and said.
Zhao Dan said, "It's about the same."
“But your cost price is only a little over one yuan.” Liu Yan blinked. “There’s no one else here, right?”
Zhao Dan couldn't help but chuckle. "Girl, you're really smart, you even know that. Yes, but you can't calculate it like that. We need money to build the factory, the rent, the machines, and the workers need to eat, drink, and take care of themselves. We're lucky if we can make half a profit per garment. If you go into wholesale, your costs will be lower. You just need to buy the clothes and resell them; your profit margin might even be higher than ours."
"Then why don't you do wholesale?" Liu Yan asked with a smile.
Zhao Dan was stumped by the question, and a helpless expression appeared on her face.
Liu Yan said, "Doing downstream business is ultimately not as profitable as doing upstream business. How much money can you make by wholesaling and reselling clothes? And there are more and more people in this industry. So I plan to start small, buy a few sewing machines, hire some female workers, make a few styles first, and then sell the goods."
Liu Yan has a clear way of thinking, and she has a lot of advantages.
She used to be in the clothing wholesale business, and her friends were also in the clothing business. In addition, she met many people during Chen Bozheng's transaction. It can be said that Liu Yan is familiar with most of the people in the clothing business in the Beijing-Tianjin-Hebei region.
Wen Chan nodded inwardly as she listened to her words.
Liu Yan truly lives up to her reputation as someone who used to run a street stall; her ideas are quite practical.
“If you need it, I can invest 200,000 yuan in you,” Wen Chan said. “I only want one share, but I have another suggestion.”
One hundred thousand yuan?
Jiang Zihan was startled, and Lan Linglong also showed a look of surprise.
Liu Yan wasn't too surprised. She had noticed Wen Chan's kindness to some extent. She wasn't stupid; she knew that Wen Chan had accompanied her to the market earlier for a reason.
“Please speak,” Liu Yan said.
“I suggest you consider making jeans.” Wen Chan picked up a pair of denim shorts and said, “Sweetheart dresses and plaid shirts only became popular last year. These styles aren’t bad, but they go out of fashion very easily. But jeans are different. First of all, jeans are also very popular abroad. People in our country currently like to follow foreign trends, and their aesthetic sense is also influenced by them. This trend will last for at least many years, so the earlier you enter the market and seize market share, the more advantageous it will be. You can definitely make it into a brand. But it’s very difficult to make dresses and plaid shirts into brands. Secondly, jeans can be worn in spring, summer, autumn and winter. You can make short ones in spring and summer and long ones in autumn and winter. You can also make denim skirts and denim mini skirts.”
Seeing Liu Yan and the others stunned, Wen Chan thought for a moment and said, "Do you know Montagut?"
Jiang Zihan immediately replied, "I know that. It's a French brand that makes menswear. A single garment there is extremely expensive, costing seven or eight hundred!"
“Montagut initially focused on silk fabrics, and then moved on to shimmering fabrics. They grasped the key to fabric, and no matter how the styles changed, as long as the key material remained the same, they were able to stabilize their market.”
Wen Chan said, "Human nature is to like the new and get tired of the old. Styles are too easy to become outdated. There's a new style this year and a new style next year. How can you keep up? Instead of following the trend, you should create something that sets the trend. There is currently no domestic denim brand. This is a huge market. It would be a pity to miss it."
Liu Yan opened her mouth.
It took her a while to find her tongue. "But this will cost a lot of money."
“We can invest too,” Zhao Dan suddenly said. “Compared to the amount of money she gave us, we can put up 200,000 yuan and only need one share.”
"Sister Zhao, you're just providing the money?" Wen Chan said with a smile. "You're veterans in the clothing industry, you should at least give my friend some pointers on things like denim, sewing machines, and tailors..."
Zhao Dan was both amused and exasperated. She plopped down and took a tissue to wipe her sweat. "Okay, we'll help you find a manufacturer for the denim fabric, and we can also help you purchase the sewing machines. But we can't help with the tailors. Our factory only has two pattern makers. If you don't mind the apprentices, we can give them to you."
“I can help with tailoring,” Lan Linglong said.
Zhao Dan glanced at Lan Linglong, her eyes showing some doubt. She wasn't familiar with Lan Linglong. Liu Yan said, "We'll talk about the tailor later. In that case, let's go to the clothing market and look at the styles of jeans."
Jiang Zihan glanced at her watch. "Sister Yan, it's so late, are you still going out? It's almost dinnertime."
Liu Yan shook her head. "It's okay. Linglong and I are going out. We won't eat dinner with everyone. You guys can eat at your own pace."
Wen Chan didn't stop Liu Yan. Liu Yan packed up all the clothes, dragged them to the next room, and took Lan Linglong to visit the market.
Zhao Dan exclaimed, "Girl, I'm completely impressed! You have such great taste. Now that you mention it, I'm even thinking about making jeans myself."
Wen Chan smiled slightly: "Sister Zhao, don't joke with me. You've made a fortune in the stock market. Let my friend earn this little bit of money. We can reinvest and enjoy the fruits of your labor. Even a share of the stock will bring in a lot of dividends. Don't you think so?"
Zhao Dan nodded with a smile, but her heart was filled with mixed feelings.
As a garment factory owner, how could Zhao Dan not know the value of Wen Chan's words? Since the reform and opening up, clothing styles have changed every year. Sometimes, what is popular at the beginning of the year is outdated by the end of the year.
These jeans seem to have never gone out of style. Bell-bottoms used to be popular, but now straight-leg and high-waisted jeans are all the rage.
Wen Chan said, "Sister Zhao, there's actually another market that's currently empty."
Zhao Dan immediately asked, "Which market?"
Wen Chan said, "Children's clothes."
"Children's clothing?" Zhao Dan was dumbfounded.
Wen Chan said, "Think about it, nowadays everyone is on family planning, and it's strictly enforced in both cities and rural areas. Many families only have one child. Things are valued because they're scarce, and the same goes for people. When there are fewer children, the adults will dote on them and be willing to spend any amount of money on them, even the most expensive clothes. If it were me, I would suggest that you send one of your factory's pattern makers to Hong Kong to see what children's clothing styles are like there. Then come back, create a brand, and do some advertising. I guarantee you'll make a fortune every day."