PDLP Chapter 56 Thriving
Chapter 56 Thriving
The cold winds of December couldn't extinguish the music craze sweeping through universities across Chengdu.
As word-of-mouth for the "Lilac Commemorative Edition MP3" continues to spread among students who have received the product, this craze is surging forward along the distribution channels with even greater momentum.
After the first batch of 500 MP3 players, including 327 units ordered for the Xichuan University gala, were sold out, the remaining stock distributed to several distributors sold out even faster.
"Brother Feng! I just got a call from Lao Huang from the University of Finance and Economics, urging him to deliver! He said his thirty units sold out in two days! He asked if there were any more, he wants a hundred more!"
Xu Qiang approached Lin Feng, his face showing both anxiety and excitement.
"Sun Mingyu's place at Jiaotong University is sold out too. The small trial class he organized was incredibly successful. Now their school's BBS is full of posts asking to buy, and he's urging us to do so!"
"Zhou Min from the Normal University also called today, saying that twenty units were not enough to go around in the girls' dormitory. Many of them were asking on behalf of their roommates and best friends. They asked if they could be given another thirty units first, and they would try to raise the money themselves."
In the music club's activity room, the sounds of telephones ringing, reports being made, and discussions taking place one after another.
The ledger in front of Liu Qian had been replaced with an official ledger, filled with detailed records of shipments, payments, and agency transactions. Her fingers flew across the calculator, almost never stopping.
Lin Feng sat at the table, and Xu Qiang handed him a sales feedback and restocking request from various agents.
Demand far exceeded expectations. The agent network, barely launched, has already demonstrated an astonishing ability to attract customers.
Just as everyone was worrying about the goods, Lin Feng's phone rang. It was Wu Wenjie calling.
"Brother Lin! The second batch of three thousand units has been loaded! They'll be shipped out today! Boss Chen's face is practically beaming with joy whenever he sees me!"
"Brother Jie, you've worked hard. Make sure to keep an eye on the quality." Lin Feng felt a little relieved.
"Don't worry! I'm keeping an eye on it! You haven't seen it, but Boss Chen is treating this order like a treasure now, he's picking out the best ingredients!"
Wu Wenjie then asked, "But Brother Lin, once these three thousand units are shipped out, you need to decide as soon as possible how many you want for the next batch. We need the goods urgently right now, and the procurement of raw materials and scheduling are both tight. This is all the production capacity we have before the Spring Festival."
"I understand. Once this batch arrives, we'll see how quickly it sells, and I'll give you a definite answer immediately." Lin Feng hung up the phone and looked at his expectant colleagues. "The second batch of three thousand units will be shipped today!"
"Great! Three thousand units... is that enough?" Xu Qiang looked at the restocking requests he had compiled, which were already close to five hundred units, and this was only the first round of restocking.
"It's definitely not enough." Lin Feng stood up and walked to the Rongcheng University Map on the wall, where the agency points were marked with small red flags.
"Xu Qiang, notify all agents that the second batch of goods will arrive around the day after tomorrow. Those who need to replenish their stock should transfer the exact quantity and payment before the end of today's workday. They will be placed in order of payment, first come, first served. Tell them that there are no reservations this time; only payment is valid."
"Understood!" Xu Qiang immediately started making phone calls.
"Wang Peng and Li Hao, please keep the same message on the hotline: the new goods have been shipped from the factory and are expected to arrive in Chengdu in three days. We are accepting pre-orders on a first-come, first-served basis. The price remains unchanged."
After arranging all that, Lin Feng was just about to catch his breath when his phone rang again. This time it was Manager Zhang from Xunji Audio.
"Mr. Lin! Great news! The first revenue share for the 'Lilac' ringtone service has been settled, and the money has been deposited into your company account. Please have the finance department check it!"
"The data is fantastic! In less than half a month, the downloads have already exceeded 50,000! The growth has accelerated even further since the rollout to Yunnan, Guizhou, and Sichuan! Mr. Lin, it's a pleasure working with you!"
"Congratulations, Mr. Zhang, we can't do without your promotion," Lin Feng said politely.
He gestured for Liu Qian to check the accounts.
Liu Qian skillfully operated the online banking system. It was still a relatively new thing these days, but for convenience, Lin Feng had opened an account early on.
A moment later, Liu Qian gave Lin Feng an "OK" sign.
Lin Feng nodded, a surge of joy in his heart.
Then, Liu Qian handed over a bank statement. "After deducting the prepayment to Tang Lei and our related costs, the profit is approximately..." she wrote down a number.
Lin Feng glanced at it and understood.
Despite having anticipated it, seeing the "passive income" generated by this ringtone copyright is still incredibly satisfying.
This is much simpler than selling MP3 players, which involves purchasing, delivering, and handling after-sales service, and the profit margin is also higher.
With both factors combined, the studio's funds grew rapidly.
Lin Feng instructed: "Keep this ringback tone revenue in separate accounts and don't touch it for now. The payment for the MP3 players and daily expenses will go through a separate cycle."
"Also, make sure to transfer the next batch of advance payments to Shenzhen on time, according to the agreed-upon ratio. Additionally, set aside funds for the team's salaries and bonuses due before the Spring Festival. Calculate the specific amounts and report them to me."
"Understood." Liu Qian wrote it down carefully.
Three days later, the second batch of 3,000 MP3 players arrived.
It almost filled half of the small warehouse.
He unpacked, randomly inspected, and counted the quantities. Lin Feng personally checked several boxes and confirmed that the quality was identical to the first batch, finally putting his mind at ease.
Lin Feng instructed Xu Qiang: "Notify the agents to pick up the goods in batches starting tomorrow morning, according to the replenishment quantity and payment order confirmed yesterday."
The next morning, the warehouse was bustling with activity. The agents, who had been notified, arrived early, all eager to receive the goods and make a big splash.
Old Huang from the University of Finance and Economics was the first to arrive, driving a small van. As soon as he got out, he offered cigarettes: "President Lin, is everything ready? My two hundred units are urgently needed!"
"Don't worry, Boss Huang, everything has been distributed according to the order of your payments. Xu Qiang will guide you through checking the goods." Lin Feng gestured for Xu Qiang to step forward.
Immediately afterwards, Sun Mingyu from Jiaotong University arrived in a hurry on a borrowed tricycle.
"Mr. Lin! You've finally delivered the goods! People from our school have been practically wearing down my dorm room doorstep!" His loud voice drew the attention of the other agents.
Zhou Min and Li Ting from the Normal University also came together. The two girls looked at the boxes piled up in the warehouse and discussed how to get the goods back later.
The small warehouse entrance suddenly resembled a bustling market.
The pickup process proceeded smoothly under Lin Feng's arrangement. Liu Qian was responsible for verifying the payment vouchers, while Xu Qiang, Wang Peng, Li Hao, and Tan Zhao led the agents to count and move the goods according to their pre-assigned areas.
"Boss Huang, here are your two hundred units. Please count them carefully and sign here."
"Sun Mingyu, if there are no problems, move your hundred units over here."
"Zhou Min, Li Ting, here are fifty units for you. The boxes are a bit heavy, so we'll help you carry them to the door."
……
Boxes of goods were loaded onto tricycles and vans and driven away. Everyone's face was filled with excitement at the prospect of a big business.
The "mountain" in the warehouse visibly decreased, while Liu Qian's canvas bag became full again.
The bustling scene of picking up goods lasted for most of the day.
It was dusk when the last agent left with the goods.
Although exhausted, Lin Feng was very satisfied looking at the shipping records and the funds recovered in the ledger.
"Everyone has worked hard today, go home and get some rest. Starting tomorrow, keep an eye on the sales feedback from each agent, especially after-sales issues. Report any problems to me immediately."
After making arrangements for the follow-up, Lin Feng personally locked the warehouse.