No regrets ninety-two

Chapter 928 Gambling
"How to bet, what to bet?"

Wen Boya's interest was aroused by Wu Xiaozheng.

In the communication between men, it is the most common way to solve disputed issues by gambling. Of course, the size of the bet can be large or small.

Wu Xiaozheng asked directly: "In Hong Kong, what is the average turnover of Estee Lauder's counter?"

"About 40 Hong Kong dollars."

Wu Xiaozheng: "..."

Well, cosmetics are indeed a huge profiteering industry. The turnover of a counter of Estee Lauder in Hong Kong is as high as that of a Chef Wu restaurant, and the profit is estimated to be far more than that.

"In this way, we will bet on whether the turnover of Estee Lauder counters in Changshi Zhengjia Plaza can reach 60 yuan in the third month after opening."

"60 RMB?" Wen Boya was taken aback by the figure.

Obviously, he didn't believe it could be done.

If it can be so high, then the market in mainland China is really worth looking forward to. Such a high turnover is already close to the data of the Hong Kong counter.

"No, as long as it can reach 40, I'm already very satisfied."

"No, just 60, let's talk about betting." Wu Xiaozheng insisted.

For this goal, he is very sure.

If he remembers correctly, in future generations, a profitable Estee Lauder or L'Oreal counter will have a monthly turnover of about 300 million yuan. Considering the price difference between now and future generations, Wu Xiaozheng feels that the target of 60 yuan is still very reasonable.

Don't forget, the data of later generations is based on the fact that the counters of various brands have spread all over major cities, and in this era, Estee Lauder is still the only one in China.

"OK, what do you want to bet on?"

"If I win, and Estee Lauder sets up its headquarters in China in the future, you should find a way to set it up in Changshi."

This was a bet that puzzled Wen Boya, and he asked, "Why?"

"Because Grandview's headquarters is in Changshi, we will become close partners in the future. Also, this is my hometown, and I hope to help it attract some investment."

Wu Xiaozheng stated two reasons in one breath, very frankly.

Wen Boya shook his head: "Sorry, I can't bet with you on this. Frankly speaking, even if Estée Lauder wants to set up its headquarters in China in the future, it will not be in Changshi."

Wu Xiaozheng: "..."

Well, that seems like asking too much.

"Then change the bet. If I win, if Estee Lauder wants to open a production plant in China in the future, please open it in Long City."

Wen Boya shook his head again.

"I still can't promise you this. Our products are high-end products, which are fine industries rather than mass production. Estee Lauder already has 8 major production bases around the world, of which the Asian production base is already located in Japan. It is impossible for us to There is an idea of ​​opening a production plant in China."

He rejected Wu Xiaozheng again.

No way, this is an advanced hand-made industry, and it cannot be completely considered from the perspective of reducing production costs.

Wu Xiaozheng was a little discouraged.

The headquarters is out of the question, and there is no production plant, so just let this piece of fat go away?
He was a little dissatisfied.

He suddenly remembered that for cosmetics and daily necessities, even if the production factory is located abroad, localization still requires sub-packaging factories.

Alas, it seems that only the smallest piece is targeted.

"Then change it to an assembly factory!"

Wen Boya took a serious look at Wu Xiaozheng, and suddenly said: "I can promise you this without betting, as long as Changshi can provide convenient transportation conditions."

Wu Xiaozheng: "..."

If I knew it was so easy to talk, why would I put so much effort into it?
He found that sometimes he was too eager to get caught, but fortunately Wen Boya was not a profit-seeking businessman this time.

Wu Xiaozheng said, "Do you know what the bet I'm going to bet is?"

Wen Boya asked with a smile, "What is it?"

"Counter rental at half price."

This is the bet Wu Xiaozheng is going to place.

Not to mention, if it's just a single counter, the rent may not be very impressive, but if Grandview Plaza is chained, all the counters added together will be very considerable.

Wen Boya laughed: "Wu, I represent Estee Lauder. I can't take advantage of you in this way. I'd rather you bet with me on a delicious dinner."

This can't help but make Wu Xiaozheng stand in awe.

In Wen Boya, he saw the professionalism of practitioners in large international companies.

Wen Boya asked again: "Wu, are you really sure that the consumption power of the Chinese people really has such great potential?"

"Come on, I'll take you to experience it for yourself, and I'll serve you a delicious dinner by the way."

Wu Xiaozheng felt that the best way to convince Wen Boya was to take him to experience it for himself, and Chef Wu's restaurant flagship store was the best place to propose.

A few people quickly arrived at the restaurant on the first floor.

Because it was already dinner time, the restaurant was already full, and there were still many people waiting in line at the door.

"I can proudly tell you that this is one of the most high-end restaurants in Changcheng. The average consumption per table is more than [-] yuan, and the average consumption of private rooms is more than [-] yuan."

This scene really surprised Wen Boya.

Whether in the United States or in Hong Kong, he rarely sees such a large restaurant, and the business is so good.

He did some calculations, and according to the consumption quota that Wu Xiaozheng just said, it would be no problem to buy a single item from Estee Lauder for a table of consumption.

From this point of view, I really underestimated the consumption potential of mainland China.

Wu Xiaozheng said: "I also remind you of a statistic. In the past few years, China's economic growth rate has exceeded 8%, and in the next 30 to [-] years, China will always maintain this growth rate. Therefore, please do not If you underestimate the Chinese market, you will find that Chinese people will become richer and richer in the future, and China is likely to grow into the second largest market for Estée Lauder after the United States.”

"Are you sure?" Wen Boya said again.

He refers to the fact that in the next 30 to 8 years, China's economic growth rate will stabilize at around [-]%.

This is a very remarkable number.

You must know that in the past few years, the U.S. economy has been in a depression with negative growth, and the economic growth rates of European countries are not very good. Only China is growing significantly.

If China continues to maintain this growth rate, the future Chinese market will really have great potential. With its large population, it is indeed expected to become the second largest market for Estée Lauder in the world.

Therefore, Wen Boya was very excited by Wu Xiaozheng's words. He had to seriously consider whether he should change Estee Lauder's expansion plan in China.

Perhaps, it's time to accelerate properly!

"Believe it or not!"

(End of this chapter)