At this point, the great noble families gritted their teeth and lowered the price to 12 wen.
Thus, the sales finally surpassed those of Xia paper.
Inside the Great Xia Imperial Palace.
Yaoyao excitedly said, âNow, our Xia paper has become popular all over the world! Because itâs both cheap and good, scholars are eager to buy our paper, and weâre making a killing!â
âHowever, the noble families havenât given up without a fight. Theyâve tried many tactics, but weâve repelled them all! Now, they are selling at a reduced price, dropping it to 12 wen per bundle, selling them at a loss to attract attention! HahahaâŠâ
Lin Beifan gave a thumbs up: âGreat! The paper they are selling is made using the old paper-making method, costing about 20 wen! Now theyâve set the price at 12 wen, which means they lose 8 wen for every bundle sold! Itâs a huge loss!â
Yaoyao nodded repeatedly: âExactly, the more they sell, the more they lose! Do you think we should press our advantage and lower our prices to block them? Even if we drop our price to 12 wen, we can still make a profit but they canât, haha!â
Lin Beifan waved his hand: âItâs better not to!â
âWhy not?â
Yaoyao was puzzled. âDidnât you say we should squeeze them out of the market? Now is the perfect time for a price war. If not now, when?â
Lin Beifan smiled and said, âThose noble families are not so easily defeated! They have deep roots and can hold out for years! This is a protracted war, thereâs no need to fight over temporary losses!â
âIf we lower our prices, even if they suffer a huge loss, weâll also earn less, which is unnecessary! And to be honest, those scholars have probably already spent all their money on paper for now, so even if you lower the price, you wonât sell much more!â
Yaoyao nodded repeatedly, humbly seeking advice: âYou make a lot of sense, so what should we do?â
Lin Beifan said, âThe best strategy now is to take the opportunity to buy their paper!â
Yaoyao was stunned: âWouldnât that be giving them money?â
Lin Beifan said irritably, âAre you silly? This isnât giving them money. Itâs stocking up. Itâs rare to find paper at such a low price, so we should buy it in bulk and stockpile it!â
âAfter all, this paper wonât go bad even if stored for decades, and the price canât stay this low forever. When the prices eventually rise, we can slowly sell off our stock, and wonât we make another profit then?â
Yaoyao looked at Lin Beifan with a new level of respect!
See, this is called having a vision!
While she was still planning for tomorrowâs immediate gains and losses, he was looking decades ahead!
âYouâre right, letâs do it!â Yaoyao decisively agreed.
Lin Beifan cautioned, âMake sure to buy secretly, without them noticing!â
âGot it, got it, I understand!â Yaoyao chuckled slyly, like a fox that had succeeded in its scheme.
âOnce weâve stockpiled enough, weâll raise the price of Xia paper!â
âWhy?â Yaoyao was confused again.
Lin Beifan explained, âOf course, to facilitate selling off the stock! Think about it, if the price of paper is so low, the noble families wonât be able to hold out for long before they change their strategy! Once we raise the price of Xia paper, they will definitely take the opportunity to increase their prices as well in order to reduce their losses!â
âFor example, if we raise it to 30 wen, they will definitely raise theirs to 20 wen! At that time, if we sell the paper we purchase from them for 18 wen, wonât we be making a profit?â
Yaoyao gasped in amazement!
Looking at Lin Beifan, her respect for him grew once again!
Admiration!
Awe-inspiring!
Compared to the noble families, she knew that he had the high ground, but she thought he was operating on the second floorâŠ
He was actually in the stratosphere!
Yaoyao shook her head in admiration: âYouâre too good at doing business! It would be a loss to the world of commerce if you didnât go into business!â
âOf course!â
Lin Beifan said proudly: âIf heaven had not created me, Lin Beifan, the world of commerce would be eternally in darkness!â
âŠâŠ
After receiving Lin Beifanâs advice, Yaoyao immediately went back and excitedly put the plan into action!
She had people from her Demon Sect disguise themselves as scholars and go to the noble familiesâ shops to buy paper in bulk.
Consequently, the great noble families were surprised to find that their paper was selling exceptionally well.
Often, it would sell out as soon as it was put on the shelves.
In comparison, the shops of the Demon Sect had become much quieter.
âŠâŠ
In the Great DĂ© Dynasty, at the Lin residence.
The steward ran back excitedly: âMaster, great news, tremendous news! Our paper sales are booming; they sell out as soon as they hit the shelves, completely overshadowing the shop across the street!â
Lin Yuandongâs face darkened as he scolded: âGreat news my foot! We are selling at a loss right now; the more we sell, the more we lose!â
âYes-yes, youâre right, Master. This servant knows his mistake!â the steward apologized in a low voice.
âWhatâs the reaction from the shop across the street?â Lin Yuandong asked with authority, shaking his sleeve.
âMaster, there hasnât been much reaction from them, their price is still 20 wen per bundle!â
âIt seems they are quite calm, not easy to deal with!â
Lin Yuandong said coolly: âIn that case, after you go back, have our people limit the supply or bundle the paper with other stationery treasures for sale!â
âMaster, are you thinking ofâŠâ
âOf course, itâs to reduce our losses!â
Lin Yuandong said with a pained expression: âThe faster we sell, the quicker and more we lose! We must extend the battle line to wear them down!â
âMaster, I understand what to do!â
After the steward returned, he immediately devised a strategy where each person could only buy two bundles.
If they purchased other items, some discounts would be given depending on the situation, with half-priced or even free paper.
However, this did not deter Yaoyao and the others.
The Demon Sect had plenty of people and even more who were skilled in disguise.
Thus, they continued to âstock upâ, buying everything clean each time.
Half a month passed like this.
âŠâŠ
In the Great DĂ© Dynasty, at the Lin residence.
Lin Yuandong inquired: âHowâs the situation? Can the shop across the street still hold on?â
âReporting to the Master, thereâs still no significant activity from the shop across the street. The price remains at 20 wen per bundle, but their shop is deserted. Hardly anyone goes there to buy paper now!â
Lin Yuandong frowned; the outcome was not as good as he had hoped.
In his imagination, the opponent should have been unable to hold on and then resorted to lowering their prices.
No matter how much they lowered, even if it was by just one wen, it would indicate that their strategy was effective and that they had gained an advantage.
But now, there was still no response.
***
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