Chapter 169: Huge Profits from the Rubik's Cube (15th Update)
In the face of such a high prize, no one can keep their composure.
Therefore, not only adults will buy a Rubik's Cube for their children, but also those who do not have children at home will also buy one and play with it themselves.
If you can play well, a million prize will beckon to you!
In fact, if you can get the division championship and the finals championship, it will be a huge prize of 1.5 million!
The expenditure of this piece alone already requires tens of millions of Hong Kong dollars.
In fact, the total assets of Tongle Xiangjiang Branch do not have this number.
The two sisters of the Zhao family were completely shocked by Wu Cheng's generosity. If they were to come up with an idea, they would never come up with such a crazy idea.
But the problem is that under this crazy mention, the sales of the Rubik's Cube are also soaring with crazy numbers. The factories of the Xiangjiang branch have also spread from Xiangjiang to Baodao and several other countries, just like the spread of the virus, extremely fast.
But even so, in April, on the market, because the company's sales channels were not laid in time, there were already rough and rotten counterfeit products.
Of course, for such a copycat product on the market, Wu Cheng was prepared, he directly called a private detective to investigate, and then asked the lawyer to sue him to the court with a complaint. Because he has already arranged for someone to register a global patent.
And no one thought that under the madness of these months, the little seedling that had just debuted in Tongle Toys directly grew into a giant, and his ability to absorb gold was even more impressive. Of course, these outsiders will not know, they can only guess.
Not to mention that the Zhao sisters were dumbfounded after seeing the sales reports of the Xiangjiang branch, but Wu Cheng himself was also dumbfounded after reading those reports.
Although he had expected in his heart that the Rubik's Cube would become popular, he never thought of it. This 'popular' Cheng dรน will be so crazy.
In Southeast Asia alone, its sales volume has reached more than 30 million.
Although the vast majority of them are bought in ordinary models. That is, a factory price of about five Hong Kong dollars, but there are some high-end and luxurious, with prices ranging from five to one thousand.
In other words, it is calculated that all of them are regular versions. In the past four or five months alone, the operating income of the children's music toy company in Southeast Asia has been more than 150 million Hong Kong dollars.
Excluding costs, taxes, and the company's factories in Southeast Asian countries, and other business expansion expenses, its net profit is more than 70 million.
This is only Southeast Asia, when Wu Cheng saw the sales report in North America, the whole person was like a volcano erupting from his chest, hot and hot.
Because Wu Cheng saw it. The sales volume in North America and Europe is three or four times that of Southeast Asia, which means that one out of almost two dozen people in the world has a Rubik's Cube.
This ratio completely startled Wu Cheng. I didn't expect that the format he set up would be so attractive that the whole world would go crazy with it.
In North America, when we saw that the sales of the Rubik's Cube were increasing, we set up several branches in different parts of the Americas at the same time. It has also established branch factories in various European countries, so that it can barely keep up with the market demand.
Moreover, the ex-factory price of the United States is higher than that of Xiangjiang. One is about two dollars, and that's just the regular version. Moreover, Wu Cheng also asked the side to deliberately produce several super luxury versions, one of which cost tens of thousands of dollars.
Of course, this is for ornamentation, because it is made of gold or white gold. There are even diamond settings and so on. However, this category is basically only customized.
In other words, the United States, in less than half a year, actually created a performance of three or four billion US dollars. After deducting taxes and costs, as well as the company's various expenses in various countries, its net profit reached more than 200 million US dollars. And the company's biggest expense is not the cost of materials, not the branch factories, but the advertising around the world.
The investment in advertising alone, before and after, accounts for almost half of all expenditures.
Seeing this result, Wu Cheng directly increased the prize money of the competition, the division champion increased to 1 million Hong Kong dollars, and the other rankings increased year-on-year, and the prize money of the finals champion was increased to 1 million US dollars, and the rest of the rankings also increased year-on-year.
This advertisement was broadcast again, and the whole world was once again limited to a carnival, as if the champion of this Rubik's Cube competition belonged to them.
And Wu Cheng almost smiled crookedly, this is simply a huge profit!
But he also knows that this kind of opportunity is only once. Even if it is the periphery of 'Star Wars', it is impossible to have such a crazy table in a short period of time.
Wang Yue, general manager of Tongle Toys Xiangjiang Branch, feels that in the past six months, he has been like a dream. At first, he joined this toy company with the intention of finding a job and stabilizing his life. But he didn't expect that just a toy would make the whole world dance with it, which made him feel like he was riding a cloud night speeder.
And what made him feel the most adrenaline surge was the generosity of Wu Cheng, a shareholder.
Because Wu Cheng not only gave them bonuses every month, but also directly gave him one percent of the dry shares of the general manager of the branch.
Don't underestimate this one percent of dry stocks, because this branch has already made a profit of more than 70 million Hong Kong dollars in less than four months.
And one percent is more than 700,000 Hong Kong dollars.
In this Xiangjiang, is there a high-level wage earner whose salary is higher than his? Of course, this is to get rid of the wage earners in Wu Cheng's original company.
Because he found that the employees who worked under the young man Wu Cheng were all employees with super high benefits. Not only is the house and car allocated, but the dividends at the end of the year will not be less. This made him, who originally just wanted to find a job casually, instantly have a sense of 'belonging' for children's toys. At the same time, he is also full of expectations for working under the young man Wu Cheng.
Wang Yue knows very well that the two managers of the company's finance department and sales department surnamed Zhao should have a good relationship with their boss Wu Chengying. Because the other shareholder of the company is also surnamed Zhao.
Although the names are different, he can see that although these two have a humble attitude and are rigorous in their work, the feeling revealed in their shares is that they are the masters.
Therefore, for these two, Wang Yue still respects them very much.
And the two sisters of the Zhao family didn't expect that although their Zhao family only accounted for two percent of the shares, these two percent of the shares were equivalent to more than 10 million Hong Kong dollars of income, how could they not be shocked.
When they went home and told the company about it, all the Zhao family members were dumbfounded. At this time, they discovered that Wu Cheng's so-called 'a little caution' was actually so terrifying.
Zhao's father, who owns the company's shares, was a little apprehensive in his heart, and felt that it was a bit unauthentic to take so much money from Wu Cheng. When they accepted Wu Cheng's intentions before, they didn't expect that a small toy company would be so profitable, which was incredible.
Moreover, when they secretly helped Wu Cheng calculate his income, they were dumbfounded again.
Although the Zhao sisters are in the Xiangjiang branch, they all know the performance of the head office. Secretly calculated, I knew that Wu Cheng's income from this toy company could be described as 'terrifying'. They really didn't expect that a toy company could collect such a huge amount of wealth with such a toy. Counting Wu Cheng's current industry, the Zhao family feels that Wu Cheng is already the youngest billionaire in Xiangjiang.
They had to admit that the gaze of their 'fourth son', Zhao Yazhi, was simply terrifyingly poisonous. actually picked up a super golden beetle son-in-law casually, and let people not live!
Zhao's father even called Zhao Yazhi back and asked her to talk to Wu Cheng and return the two shares to Wu Cheng. lest they be said to take advantage of Wu Cheng.
In this regard, Zhao Yazhi smiled and asked them to accept it with peace of mind, otherwise how would Wu Cheng behave in the future?
Of course, that's all for later.
After the two comics "Transformers" and "Crayon Xiaoxin" of Fengyun Comics officially began to be serialized and also achieved good results, Wu Cheng once again devoted his energy to the film company.
Although the achievements of the toy company made him equally eye-catching, he knew that his main body was still on the side of entertainment media. The sales of the Rubik's Cube are crazy, and it's just such a wave, as for how long it can be supported, Wu Cheng has no bottom in his heart.
Moreover, the ultimate goal of opening this toy company is just to involve the peripherals of the movie and prepare for the 'Star Wars' released this year.
It's just that Wu Cheng didn't expect that before 'Star Wars' began to exert its power, the Rubik's Cube had already made Tongle Toys Company the most eye-catching dazzling superstar in the global toy industry this year.
As for the comics, it was not too unexpected by Wu Cheng, "Crayon Xiaoxin" was changed by Wu Cheng, and the background was set in Xiangjiang, and there were many people who watched this funny, but "Transformers" was not so pleasing. The main thing is that most of the people who like "Transformers" are children of a few years old, and how can children of this age buy comics?
If it weren't for "Crayon Xiaoxin", it is estimated that Fengyun Comics would have planted a big root.
Of course, Wu Cheng has nothing to say about this. Although on the company's side, Ma Rongcheng was a little sad about such an achievement, Wu Cheng comforted them instead, telling them not to be in a hurry and take their time. Compared with "Crayon Xiaoxin", "Transformers" is what he is optimistic about.
Of course, it is not his manga sales that are optimistic, but the market for toys, as well as the adaptation of animations and even future film adaptations.
Hearing Wu Cheng tell them such a huge plan, the members of the "Transformers" creative team worked hard one by one. (To be continued.) )