Chapter 83: Three Days of Tens of Millions in Revenue, The Final Monthly Exam Arrives
Throughout the drive, neither Su Lin nor Lin Xiaowan spoke. Lin Xiaowan was feeling both shy and angry, while Su Lin purely didnât want to provoke her. He knew from experience that maintaining silence was the best course of action.
Upon reaching the supermarket, Xia Shiyu came with good news. âSu Lin, Xiaowan, weâve hit three million in sales!â
âAlready?â Su Lin asked, surprised.
âThatâs three million now?â Lin Xiaowan echoed.
Xia Shiyu nodded. âYes, the backend data just came in. Weâve just hit three million, and four million isnât impossible by closing time tonight.â
Su Lin then asked seriously, âXiaoyu, can you calculate the gross profit?â
Xia Shiyu replied with a giggle, âIâve already done the math on the way here. Excluding labor and electricity costs and just considering the cost and selling price, our gross profit is about 1.3 million.â
âThat much?â Su Lin was astonished.
Xia Shiyu, holding onto Lin Xiaowan, said, âThis is all Xiaowanâs achievement. She managed to negotiate lower prices with many suppliers, providing us with substantial profits. Items like rice cookers and induction stoves brought us multiple times the profit.â
âWow⦠one can only imagine how much others overcharge,â Su Lin said with a laugh.
Xia Shiyu playfully remarked, âWith you entering the market, Su Lin, I bet they wonât be able to sell at such high prices anymore.â
Su Lin, frowning, noted, âThatâs not certain. We can handle business competition, but we need to watch out for their schemes.â
âLet them scheme. Weâll just report them and get them imprisoned,â Lin Xiaowan said lightly.
Su Lin shook his head. âItâs not that simple in business. Many schemes are legal yet can make life very difficult.â
He then asked Lin Xiaowan, âDo you want to stay with us till closing at nine, or should I take you home earlier?â
Lin Xiaowan, giving Su Lin another glare, finally said, âLetâs wait until closing. Iâm curious to see how much weâll make today.â
Xia Shiyu, astonished, said, âWow, to think weâve recouped our two million investment in just one day. Supermarket profits are really substantial.â
Su Lin agreed, âWalmart didnât become a retail giant for no reason. Supermarket profits are indeed substantial.â
He remembered from his past life that many supermarkets seemed unprofitable yet were making money. He was just beginning to understand some of these business dynamics.
âDo you want to turn Quan Le Gou into a supermarket like Walmart?â
Su Lin shook his head, âThatâs unlikely. The national conditions are different. In a year or so, domestic chain supermarkets will start expanding aggressively, leading to price wars that could kill many small supermarkets.â
âAre we going to fight them in these wars?â Xia Shiyu asked.
Su Lin nodded affirmatively, âDefinitely. If weâre going to expand beyond Jiangnan, weâll have to face local supermarkets. Then, it will be a real business war. Xiaoyu, Xiaowan, Iâll be counting on you then.â
Xia Shiyu, looking embarrassed, said, âI⦠I canât do that, Su Lin. I still have so much to learn just doing finance. Business warfare isnât my strength.â
âExactly⦠What are you planning, Su Lin? You want Xiaoyu to fight those unscrupulous businessmen? Sheâs too innocent for that,â Lin Xiaowan chimed in.
Su Lin just smiled mysteriously without explaining.
By nine oâclock, the final sales figure was out: over four million in turnover with a gross profit of 1.7 million.
With the total investment in Quan Le Gou, including property purchases, being just a little over two million, it meant that in just two days, Su Lin not only recouped his investment but also made a significant profit.
This demonstrated why many protagonists in rebirth-themed novels prefer opening supermarkets.
Su Lin knew this was the result of an initial frenzy and that sales would decline on the second day and drop further on the third. Still, such astonishing profits were staggering.
After a brief moment of excitement, Su Lin turned to Chen Yang and said, âYangzi, I still have some money left. I plan to open branches in six districts simultaneously. Make sure we have enough talent in reserve, and choose the store managers carefully.â
Chen Yang nodded, âDonât worry, Brother Lin. I wonât let you down.â
âGood, I trust you with that. We need to move the Yulin office out of the supermarket, too. Weâll rent an office nearby for now and move to Donghai in the second half of the year.â
âGot it!â
âXiaowan, make sure you communicate with the suppliers. Weâre launching the plan for six branches at once, so make sure they donât drop the ball.â
Lin Xiaowan nodded, âOur supermarket sells daily necessities, they wouldnât dare mess with us. If thereâs any hint of trouble, weâll just switch suppliers, so they all behave very well.â
âHehe, I never doubted your abilities, Xiaowan,â Su Lin said with a smile.
âNext, Yangzi, start scouting locations, and then weâll prepare for the college entrance exams. After the exams, weâve got a big battle to fight.â
After assigning some tasks to Chen Yang, Su Lin took the girls back home.
âSu Lin, can Yangzi handle all this? Isnât it too much?â Lin Xiaowan asked worriedly.
âYeah, Su Lin, youâre really pushing him too hard. Xiaoyu and I canât stand to watch it,â Lin Xiaowan added.
Su Lin tapped each girl on the head, âYou two think too much. Yangzi, like me, knows how to delegate. He looked busy today, but he was actually quite relaxed since he just directed the heads of departments. Heâs just under a lot of pressure.â
âYouâre different, Xiaowan. You could have prepared earlier, but you ended up making and receiving hundreds of calls today. Thereâs a clear difference, okay?â
Lin Xiaowan retorted, âItâs your fault for not explaining things clearly at the start. You said suppliers were important and not to let others handle them.â
âAlright, my bad. Iâll make sure to explain things more clearly in the future.â
âHehe, Su Lin, Xiaowan was so tired today, and youâre still picking on her,â Xia Shiyu said playfully.
Lin Xiaowanâs cheeks reddened. Although Xia Shiyu meant verbal teasing, Lin Xiaowanâs thoughts were elsewhere.
Just earlier, Su Lin had indeed teased her quite a bit on the way back, and she hadnât resisted much. Looking back, she felt foolish for believing everything Su Lin said.
Over the next three days, the trio spent most of their time at Quan Le Gouâs first store. The total revenue for these three days also successfully broke ten million, and Su Lin had not only recouped his investment but made a considerable profit.
Meanwhile, many others were eyeing this profitable supermarket model, contemplating opening their own in Zhongjiang.
Su Lin didnât mind others copying his methods, but many of his strategies were too advanced, and some were quite risky. Like the simplest strategy of giving discounts â if it werenât for Lin Xiaowan securing low prices, could he have recouped his investment so quickly?
Without getting the lowest prices from suppliers, discounts would have been suicidal. Two calm days after school resumed, the final monthly exam arrived as scheduled.