Chapter 168 - Auction
Chapter 168 – Auction
Translator: Nyoi-Bo Studio Editor: Nyoi-Bo Studio
Along the way, the red silk covered the ground, and everyone’s expectations for the opening of the business kept rising.
When it was time, they realized that this was an auction.
The Imperial Kingdom did not have this kind of business method, so everyone felt that it was novel.
After the first person who tried it bought a hairpin worth 50 taels of silver at two teals of silver, everyone went crazy.
The first few orders were basically lossmaking, and everyone’s enthusiasm was aroused.
For the matter of Su Yan, the people of Star Seizer Pavilion could go on stage.
The guests discovered that the next person to go on stage was not the jewelry on the plate.
Instead, it was a group of beautiful women. These women were dressed exquisitely and each of them was different.
The only thing they had in common was that they were gorgeous.
It made the women below go green with envy.
After they learned that these services were sold in a set for auction, they were already prepared to start the bidding.
After an auction, Su Yan was a huge success.
When everyone was still unsatisfied, Su Yan took the opportunity to announce that the next auction, the Gem Convention, would be held in three days.
After the auction was over, Su Yan counted the accounts in her hands.
Because the accounts were too large, Su Yan had captured everyone who could be used. Other than Zhang Sheng, even Yuyan and Liu Meiniang had been brought over by her.
The few of them lay on the table and counted the accounts.
The original 320 sets of clothes and 730 pieces of jewelry had been pieced together by them into 200 sets of finished products.
The cost of the clothes was five taels per set, and after refurbishment, it was sold at an average of 50 taels per set.
The original price of the jewelry was sixty thousand taels. After the complete set was sold, the total income was one hundred and fifty thousand taels.
When this amount was calculated, everyone was a little speechless. Even Su Yan did not expect it.
Liu Meiniang smiled and said, “I’m also benefited from Princess Consort.”
Su Yan gave her seventy percent of the one hundred and fifty thousand taels that belonged to her.
After deducting the cost of the clothes, including the income from the storytellers, tickets, and operas, there was a net profit of about one hundred thousand taels.
In just a month’s time, they had earned a net profit of 100,000 taels.
The largest trading firm in the capital only had a revenue of 100,000 taels a year.
Zhang Sheng and Yuyan’s gazes toward Su Yan gradually changed.
A tall tree attracts the wind. This scene also caused many people to be envious.
Su Yan was not in a hurry to find other shops. Instead, she carefully prepared for the gem auction three days later. The ticket sale went particularly smoothly this time.
Niu Sheng and the others gathered together to discuss countermeasures.
Among them, the one who was the most unwilling was Mother Fei. Back then, when Su Yan approached her and said that she could split it 30-70, she directly rejected it.
If she were to take 70% as Su Yan had said back then, she would at least get a few thousand taels of silver.
Niu Sheng snorted coldly, he said, “Mother Fei, don’t be shortsighted. These are just a novelty that Princess Consort has taken over. After a while, the common people won’t buy it anymore. Let’s think about how to deal with it. Don’t tell me you want to let a little girl ride on your head?”
Once these words were said, the few of them expressed that they would follow his lead.
The Imperial Pawnshop was also feeling dissatisfied.
Qicao Pawnshop’s new consignment sale cooperation was to put the treasure in others’ hands, and they would help her auction it off. Then, the pawnshop would take 10% of the profits.
The pawnshop would accept anything, and there would be specialized people to appraise and evaluate the price.
This time, the Imperial Pawnshop, which had always taken pleasure in stealing other people’s business, experienced the feeling of being robbed of business for the first time since its opening.
With new enmity and old hatred, Elder Wang cruelly recruited the young man and gave him a few instructions.
Su Yan was completely unaware of this and was currently leading people to inspect the auction items.
The most important thing in an auction was the issue of credibility, so Su Yan paid special attention to this area.
After looking through it carefully, she got the servants to start sealing them one by one.
Zhang Sheng’s side was also very busy.
The people actually had a lot of things in their hands that they wanted to sell, but they were afraid that they would be cheated, and that they would be maliciously bought at a low price, so they never sold..