Chapter 3198 — Market Competition
The Blossom Guardian · Page 2 of 2
"But... Father-in-law, we have no funds left. All the money went into refining first-grade pills, and the warehouse is still stuffed with them..." Kang Jingming said, somewhat awkwardly.
"Doesn't the Cultivators' Commerce Association offer loans? Go borrow a portion from them. In any case, we'll earn it all back soon enough," Ancestor Xuanchen said after a moment's thought.
"That works. I'll go right away." Kang Jingming was confident in the first-grade automatic Yaoding as well—after all, he had seen Liu Jinghan's sales figures with his own eyes. If they could carve out even a third of the market, they would rake in enormous profits and recoup their earlier losses.
On this day, a major event shook the cultivation world: the first-grade smart Yaoding produced by the Xuandan Sect had hit the market! The so-called first-grade smart Yaoding was in fact the same thing as the first-grade automatic Yaoding—the two were kindred in design, differing only in name!
Kang Jingming was clever. He did not produce the single-version or five-in-one Yaodings, but went straight to manufacturing the ten-in-one limited-edition premium Yaoding! He knew that to seize market share, only rare products of this kind could take business away from Wei Zhao.
In any case, this thing had not been developed by Kang Jingming himself. He cared about immediate profit, not long-term gain! In his view, this imitation business would not last. Once the two sides entered a sales war, the price of Yaodings would inevitably fall, and profits would shrink accordingly. Better, then, to sell as many as possible right from the start!
The ten-in-one Yaoding typically sold at the Cultivators' Commerce Association for around 1.5 billion, and the moment Kang Jingming's ten-in-one Yaoding launched, it went straight to a discounted price of 999.99 million!
That was more than 500 million cheaper at a stroke. These great families and sects were no fools—when there was a bargain, they naturally chose the bargain. Besides, bidding at the Cultivators' Commerce Association did not guarantee you would win the item, whereas the Xuandan Sect sold around the clock, twenty-four hours a day. The superiority of one over the other was plain at a glance!
So on the very first day the Xuandan Sect's ten-in-one first-grade smart Yaoding went on sale, three units were sold, bringing in nearly three billion. Subtract manufacturing costs, and there was still a net profit of two billion—a business of enormous returns for tiny outlay!
The Xuandan Sect's Yaoding launch left the people of the Cultivators' Commerce Association dumbfounded, and the Liu family equally stunned. They had never expected their rival to release a Yaoding with the same functions! Although the Xuandan Sect publicly claimed it was their own exclusive new development, any discerning eye could see at once that it was a complete imitation of Wei Zhao's first-grade automatic Yaoding!
Because those ten kinds of pills were exactly the same as those of Wei Zhao's Yaoding! There were more than twenty kinds of first-grade pills in all; had the Xuandan Sect wished, it could easily have made several different ones (Yuren's official [WeChat] account, yuren22, where Yuren will share news about the School Beauty comic and the latest developments on the School Beauty finale! Everyone can chat with Yuren directly there!)! RS