jdhmnovel Chapter 565 Rush Buying
Chapter 565 Rush Buying
After listening to Zhou Rong's plan for the shop, Xu Man said happily: "Your idea is very good, I will listen to you!
The two shops are separated by wooden boards, which can be connected by removing the boards. Changing the windows may take some time. While we are renovating the shops, the tailors can make new clothes.
There are still a lot of cloth and ready-made clothes in the warehouse. Once our new clothes are put on the shelves, these will be even harder to sell. Do you have any way to clear the stock?"
Zhou Rong: "Don't rush to clear the stock. I have received news that the country is about to reform prices. Given the people's sensitivity to prices, this may trigger a buying spree.
With this rush to buy, we may be able to clear out all the ready-made clothes and fabrics in our warehouse.
If there are any left, we will have a buy-one-get-one-free promotion after the shop is renovated and reopened, where you can buy a new model and get an old model or cloth for free, and the overstock should be cleared out.”
Xu Man: "Will I lose money if I buy one and get one free?"
Zhou Rong: "There is no market reference price for new clothes. We set the price a little higher and we won't lose money."
Xu Man: "Okay, let's do as you say! We only have a dozen tailors at the moment, and it will take several months to make all the cloth you brought back from Hong Kong into clothes.
We will first take advantage of the rush to buy that you mentioned to clear out the stock, and once this storm is over, we will focus on renovations and try to get the new store open within a month."
Zhou Rong: "Okay."
After discussing the shop matters with Xu Man, Zhou Rong went to find Xie Cuilian and Chen Moli and told them that she had heard a rumor that all items would soon increase in price, and asked them to stock up on goods that are not likely to expire so that they could reduce their purchasing costs once prices increased.
But they can’t tell this to anyone else. If everyone knows about it and rushes to grab the goods, it will be difficult for them to get any.
Zhou Rong has a wide network of contacts and is very resourceful. Xie Cuilian and Chen Moli firmly believe what she says. Moreover, since January, the prices of various commodities have increased a little, and some things have even increased every few days. The news that the country is going to adjust prices has long been spread.
In March, news came out that the country was about to adjust the retail prices of some major agricultural and sideline products. Out of concern for price increases, people began to rush to buy goods.
However, the market supply was sufficient at the time and the country had not issued any specific policies, so the incident subsided on its own after a few days.
Now Zhou Rong specifically reminded them that the two felt that the real tide of price increases was about to come, so they treated Zhou Rong to a meal and took out all their savings to prepare for the stocking...
In early May 88, major news media revealed that the People's Bank of China would issue the first 5-yuan note.
This was quite surprising to the people who had long been accustomed to the "great unity" (10-yuan coin). Although they did not know what the specific policy would be, the people who were extremely sensitive to price increases became unconsciously nervous.
Rumors spread all over the place. Some people said that if the country issued a banknote of such a large face value, would it be like in the 1940s, when people had to use sacks to carry money to buy rice.
Some people say that the country is in trouble and wants to get money from the people to alleviate the crisis, so it issued the hundred-yuan banknote.
The rumors became more and more outrageous, and sensitive people began to stock up at home...
Xie Cuilian and Chen Moli saw the news in the newspaper that the hundred-yuan banknotes would be issued soon, as well as the various gossips that were spread among people in private. They had a premonition that the big price increase that Zhou Rong mentioned was about to come, so they went to stock up in large quantities again.
The two of them didn't have enough money, so they each borrowed 30,000 yuan from Zhou Rong, saying they would pay it back at the end of the year.
Zhou Rong didn't say anything and just gave them the money. The two were very grateful.
When the goods came back, not only were their shops piled with all kinds of goods, but their homes were also piled everywhere.
After Zhou Jiahua was promoted to deputy factory director, the company gave him a two-bedroom apartment. The space in his home had finally become a little more spacious, but now it is occupied by various boxes.
He said helplessly: "The country has not issued any policy to increase prices so far. You have hoarded so many goods. What if the price does not increase?"
Xie Cuilian: "These are for food and daily use. They won't expire in a short time. If the price doesn't go up, you can keep them and sell them slowly, or use them at home, and give some to Big Sister, Sigui, Wucai and others. They will be used up quickly.
But I believe that the price will definitely increase. My elder sister came to inform me specially, and the neighbors also spread the news with details, so the price increase is almost certain.
I've calculated that if the price really goes up, I can make more than 20,000 yuan if I sell all these goods!"
Zhou Jiahua: "I hope your dream will come true."
At the end of July, the central government issued a policy to liberalize the market prices of 7 kinds of famous cigarettes and liquors.
As soon as the news was announced, many stores sold out their stocks of cigarettes and alcohol within a few hours of opening. The prices of cigarettes and alcohol also rose rapidly. The price of a pound of Maotai liquor jumped from 1 yuan to more than 20 yuan per bottle, Fenjiu from 300 yuan to 8 yuan, Gujing Gongjiu from 40 yuan to 12 yuan, and Zhonghua cigarettes from 70 yuan per pack to more than 1.8 yuan.
Some profiteers took advantage of this opportunity to make a fortune.
The cigarettes and alcohol that Xie Cuilian and Chen Moli had stockpiled in their store were also snatched away, making a small profit.
Whenever Zhou Rong saw those famous liquors, she couldn't help but stock up, especially Moutai. She had already stockpiled hundreds of boxes of them in her space, including every vintage, and planned to leave them for Zhou Jifan and the others.
Zhou Rong did not participate in this rush to buy. She wanted to calm down her partners with the most calm attitude...
On the morning of August 8, China National Radio broadcast the news of "price breakthrough".
In order to overcome the various drawbacks of the dual-track price system of planned and unplanned prices, the central government decided to relax price controls, abolish the dual-track price system, allow the market to regulate, and implement "price breakthroughs."
As soon as the news was broadcast, there was a widespread price increase across the country.
One ton of unplanned steel was resold six times within an hour, and the price increased fivefold. All kinds of daily necessities also increased in price to varying degrees.
In order to prevent their money from depreciating, people were eager to exchange their money for goods, and started a panic buying mode. Some people bought 200 kilograms of salt, some grabbed 500 boxes of matches, and some took 10 boxes of washing powder home.
Some people bought a lot of wool, silk quilt covers, sheets, pillowcases and quilt covers; some people bought dozens of bags of flour, and some people stockpiled several carts of cabbage.
Rice, soap, cloth, toilet paper, refrigerators, color TVs, washing machines, etc., people basically buy whatever they see, fearing that if they don't buy today, the price will go up tomorrow. They rush to buy both value-preserving goods and basic consumer goods, even those that are unsalable. If a TV has a picture, they will buy it; if an electric fan can rotate, they will buy it; if a refrigerator has air conditioning, they will buy it. In the midsummer, long queues form in front of the sweater and trouser counters; in cities where it is spring all year round, electric fans that are often unsalable have become very popular.
As a symbol of identity and status, Santana has also become a hot commodity, and its price has continued to rise. It used to be available for around 18 yuan, but now it has risen to nearly 30 yuan.
All the stores were packed, but the shelves were empty of merchandise.
Some shops not only sold out their years of accumulated merchandise, but also got good prices.
During this buying spree, Xu Man's two shops cleared out all their stocks and recovered a lot of funds.
Xie Cuilian and Chen Moli's shops were almost cleared of their stockpiled goods, and each of them made more than 20,000 yuan...