Chapter 192: Shu Yan blushed. This man had just overheard their conversation. And, who is this? (3)
Chapter 192 – Shu Yan blushed. This man had just overheard their conversation. And, who is this? (3)
“I am okay with that. I don’t know much when it comes to the production end. I will go with whatever you decide.” Shu Yan really didn’t think much about this. Right now, majority of her energy was focused on her company with Hu Ruixue.
She also didn’t think they’d be able to get to this point when she first started working with Lao Zhang. They have sold close to 10,000 sets in just half a month’s time. Besides, from Shu Yan’s perspective, she only came up with the initial material cost. Most of the expenses after that has not yet been paid. She stayed for one whole day in City Han. After that, Ye Shuqin was the one who was running around. In short, Shu Yan had stopped contributing but just sat around and waited for her share of the profit. She actually felt somewhat bad about it.
In short, both parties were appreciative people and their cooperation was very pleasant.
Good things continued to happen. Hu Ruixue informed her that their company had been set up and all there was left to do was to pick a nice day to launch it. Hu Ruixue had further informed her that they had already contacted the star couple’s agent.
“They are interested but what they asked for was a bit high.” Hu Ruixue gave Shu Yan a number that made Shu Yan gasped.
“One million yuan? That’s highway robbery!” Endorsement fees for stars in the future could easily be in the millions’ range or even tens of millions’ range, but in their current time frame, domestic stars still didn’t make that much.
Take television shows for example, a regular star might earn 1,000 – 2,000 yuan per episode. One that was a little more well known might be able to fetch up to 4,000 – 5,000 yuan. A famous one might be able to fetch over 10,000 yuan if they were lucky. Singers might earn over 10,000 for their performances. Nothing liked in the future when they could easily make over a million yuan.
“They were well known to begin with. Now that they have just gotten married, they were very well talked about recently. Which was why they have asked for such an astronomical price. Naturally, we won’t give them what they have asked for. When push comes to shove, we can look for other options. It wasn’t like we must use them,” said Hu Ruixue with a smile.
They were well known, but not to that extent. Hu Ruixue’s idea was 50,000 yuan per person and 150,000 yuan for the both of them. That wasn’t a shabby amount.
“Okay, we can circle back to that. We have also contacted seven television stations, all of them fairly reasonably priced with the exception of CCTV… what they have asked for exceeded our budget. Take a look.” Hu Ruixue showed Shu Yan the pricing list.
Shu Yan took a look and was startled by CCTV’s asking price “Five million yuan? This pricing is…” When she looked even more carefully, she was stunned. “For one station?”
“Of course,” nodded Hu Ruixue.
Shu Yan clutched her own little heart. That’s for one station. Even for down times, this was cheap. Five million yuan for a year, for a commercial of that length. Shu Yan couldn’t help but be curious about how deep Hu Ruixue’s pocket was.
“Let’s do it,” said Shu Yan through gritted teeth. She’d take out a loan if she must. Wasn’t that normal for people back then to take out loans to start their own companies? They needed to use the bank to make money.
Hu Ruixue had been prepared that Shu Yan might reject the idea but Shu Yan’s decisiveness surprised her. She just agreed without much hesitation.
“You are sure about this?” asked Hu Ruixue once again.
“Yes, this is a must.” Shu Yan felt that they were about to be famous. After she had calmed down, she couldn’t help but asked again. “What if it’s a flop?”
All of the advertisements would come out to ten million yuan. And this was ten million yuan in 1992. Even her share was five million. They couldn’t even get that much if they were to put her up for auction.
Hu Ruixue smiled and said, “Do you know why my ex-husband was in the garment industry?”
That was an abrupt change of subject.
Before Shu Yan responded, Hu Ruixue said nonchalantly, “Because our family started out in the fabric industry and are now involved in all sorts of clothing materials. We do clothing businesses as well, but we only export those. When I decided to go into business, I have already spoken to my brother to have our sample displayed at his place. I’ve brought over some samples a few days ago to be displayed in his show room and had already received three orders. As such… you don’t need to worry about flopping. What you need to do is to figure out how to increase our output.”
Shu Yan was speechless. What else could she possibly say? This was the simplified version of business.
She finally got it now. When Hu Ruixue came asking to be partnered with her, she was practically just throwing money her way.
“I don’t even know what to say now.” Shu Yan started to feel that her shares were too high.
“Then don’t say anything. Just take me out to lunch next time.”
Looking at Hu Ruixue’s eyes, Shu Yan suddenly busted out laughing. “Okay, with the exception of cannibalism or illegal animals, I will take you out to whatever you want.”
A light chuckle came from the direction of the door. Shu Yan turned and looked and saw a very personable man in straight suit smiling at them.
Shu Yan blushed all of a sudden. He has heard their conversation just now? And, who was this?