Novel Bin Chapter 374
They didn’t bother putting a price on the humidifiers because they wanted to see how nobles reacted to the product. Now they knew that they were highly interested in the humidifier it was time to set the price.
“What do you suggest would be the optimum price?” Blake had to know what Luciano thought because he had no idea what the spending habits of nobles were.
“20k gold coins.” Luciano said, shocking the hell out of Blake.
The cost of making a golden humidifier was a little above 10k gold coins, and that included payment for the workers. So 20k gold coins was a 50% gain from each humidifier sold.
“I was here thinking that 15k gold coins was too much.” Blake couldn’t help but chuckle.
“You always have to check 2 things when dealing with nobles. The first is their interest, and the 2nd is the price.”
.....
“Once they are interested in the product, then the price determines if it is worth buying. If the price is high it is worth buying and can also be used to brag.” Luciano explained when he saw Blake’s reaction.
“What if a lot of nobles end up buying the same product, doesn’t it take away their bragging rights?” Blake asked.
“No, it creates a kind of pressure that every noble should have the said item in their households.” Luciano answered.
‘Hehe...’ Blake couldn’t help but grin when he thought of the money that would soon be flowing in.
“Alright then, let’s go with 20k. How many orders do we have so far?”
“30, and most of them are looking for a way to make theirs unique.” Luciano said.
“30?!” Blake was once again shocked, he hadn’t expected the first batch of orders to be so many. “That’s like 300k gold coins in profit.”
“Yes, 4 customers and 30 orders.” Luciano confirmed but wasn’t moved by the figures called.
“I have an idea for making each customer’s order unique. I am thinking of allowing them to make customizations.”
“Like inlaying diamonds on the exterior or using more precious metals to make the exterior. Also, we could add things like the family’s symbol on the exterior, but all these would cost extra.” Blake said.
“Makes sense. I would inform the Winchester family to relay the news to the customers.” Luciano said.
Blake and Luciano chatted for a few more minutes before they canceled the communication link.
“It would be nice being the Apple of this world.” Blake was thinking of more ways to milk the nobles of their gold coins, but that is when he discovered something.
“If all nobles were to buy all the humidifiers they needed, how would the company keep making money?” It was a question of sustainability, and it was a difficult one for Blake to answer.
After half an hour of brainstorming, Blake could only think of repairs and making a whole new product.
The first idea would be needed in the future, but wouldn’t generate enough money. As for the second idea, it would surely happen, but Blake just felt that the humidifier still had a lot of money-making potentials.
[You don’t need to rush ideas. They would surely come the more you expose yourself.] The system advised.
“You are right. I shouldn’t stress it.” Blake said as he returned to cultivating.
...
A week after Blake’s call with Luciano, new orders had gone past 350.
Once the first orders were delivered. The cool customizations swayed those that didn’t want to buy it at first while making those already interested frantically buy the humidifiers.
The sudden increase in demand forced Blake and Luciano to purchase a bigger factory and hire more workers in order to meet up with the order.
The initial staff number of 3 had shot up to 15, and they were assigned to different sections of the assembly line.
Blacksmiths were in charge of melting, molding, and polishing the exterior and interior parts before moving over to the artists.
After the requested symbol was drawn on the surface of the humidifier, it would move over to experts who inlay precious stones on the requested areas.
By this time, power sources with integrated arrays would be ready and sent through a conveyor belt to where both components would be coupled and packaged.
After paying off Luciano for both the old factory they had been using and the new one, the company had more than 3 million gold coins in profits.
This meant Blake had made more than 1.5mil gold coins in the space of a week!
The insane figures blew Blake’s mind, but it created an issue of storing the gold coins.
Putting millions of coins into one’s storage space wouldn’t only make it disorganized, but inconvenient to the user.
Luckily for him, Luciano had made Infinite realms version of the highest level of a bank account for them.
Unlike the accounts on earth that were tied to different banks, that of infinite realm was more like a crypto wallet. It came in form of a black card and could only store gold, silver, and copper coins. It could display the figures of coins stored on its surface if willed by the owner.
The cards worked like normal storage spaces, but also like debit cards which could be used to pay for products and services.
They also had credit and debit notifications features which Blake had promptly turned off after 5 minutes of receiving the card because they were interrupting his cultivation sessions.
As for Blake’s progress in his goal to advance to the hero realm. He had only managed to fill up 5 stars, and that was because he had nothing else to do.
Nonetheless, it was a lot of progress considering that it got harder the more stars one filled up.
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