Chapter 309
But there was undeniable profit potential. Luxury goods held their value remarkably well.
Aria said, "I haven't been idle during my many years abroad. I've cultivated relationships with several reputable second-hand luxury goods dealers overseas. I can source authentic pieces, even deadstock, at a fraction of the retail price – we're talking a third, maybe even half off."
Aria continued, "Our country will be one of the biggest markets of luxury goods in the future. It's inevitable. However, the second-hand luxury goods market is very chaotic. So, I want to create a trusted e-commerce platform, a curated experience for discerning buyers."
I set down the documents, "Why do you partner with me? It should be easy for you to find investors for this plan."
"True." Aria said, "But I'm not interested in handing over the reins to some faceless corporation."
"I am also a capitalist." I said.
She smiled and said, "You must be eager for success, right? I have carefully studied your company. Although it has been established for a short time and seems to have taken a very chaotic path, you are tring to strengthen points of weakness and you are striving to build a complete industry chain. Most importantly, you already have a large amount of flow and dispersion. If I'm not mistaken, you are planning to promote your self-owned brands in beauty makeup and fashion industry, right?"
I was shocked by her detailed investigation of me.
I felt a bit unhappy inside, but I didn't show it.
I said, "I must say, you plan is very steady, and making a profit is relatively easy. But there is one thing: you need more products to increase customer stickiness."
She did have the ability, but it was not easy to cooperate with me just based on this document.
"What do I have to offer?" I asked.
"A $10 million investment to attract customers! I'll give you 15% of the shares."
I chuckled. "Miss Evangeline, you really know how to joke."
Aria said seriously, "I'm not joking. If I take this business plan elsewhere to seek investment, there will definitely be many people willing to invest."
I asked, "Then why come to me? I might not be a corporate shark, but I'm a businessman. Profit is the name of the game. Where's the incentive?"
Aria continued, "Nowadays, The market is saturated with second-hand luxury platforms. Why would customers choose yours over the competition?"
She had a point. I wasn't a luxury connoisseur, but even I knew the importance of branding and reputation in that world.
Their advertising were very good, others won't believe in yours.
Also, Simbara's e-commerce had long surpassed foreign countries. This business plan might have been innovative five years ago, but it's not that impressive now.
The only highlight was Aria's resources abroad. Interestingly, many of these luxury goods are manufactured in the domestic and shipped abroad, then sold at very high prices!
Of course, there was indeed a lot of profit to be made in this.
But in business, leverage was everything.
"Miss Evangeline, since we are talking business, it's better to be straightforward!"
Aria's expression changed slightly, "Do you think the share I offered is too little? How about I give you 20%?"
I shook my head, "Miss Evangeline, you may have been away too long. The domestic e-commerce landscape is brutal. Without serious capital backing, you're dead in the water. Your idea has merit, I'll give you that."
I continued, "But I haven't seen anything yet. You ask for $10 million upfront, I find it unrealistic."
Aria asked, "Don't you believe in my abilities?"
"Not really. " I replied.
I flatly said, "We've known each other for less than two hours."
"But we are friends." Aria smiled.
I chuckled, "In your eyes, those with money are friends, and those without are not?"
She was speechless by my words. They said foreigners were particularly realistic.
She added, "I often help friends in the domestic to purchase overseas. Here are my purchasing records. You can take a look!"
She took out her phone. I just glanced at it, "Maybe what I said wasn't clear enough. Miss Evangeline, you need to show sincerity in doing business, but just being a purchasing agent, I can manage it myself with a bit of time. I don't need to use my resources to help you run the project."
I continued, "Also, in terms of luxury goods, you should know, I also plan to venture into beauty and streetwear brands. I can manage them myself."
Aria fell silent for a while, then finally said, "Five million dollars, 25% of the shares!"
"Too little!" I shook my head, "A business plan asking for five million dollars, I think it's too much, and the resources are mine. You need to understand this. Building a luxury brand is not a simple matter."
"Five million dollars, 32%!" She added.
"In that case, I'll give you six million dollars, 51% of the shares. I must have a controlling interest, but the company's management rights belong to you."
I tapped my fingers on the table, "And I will diligently incubate this e-commerce platform. In the end, I can also invest in your luxury goods platform. I also want controlling interest, but I can give you naming rights!"
Her expression changed back and forth, and finally, she said, "You are too much!"
I said calmly, "Let's face the reality; you only provided a business plan, and I can manage your resources by investing. If necessary, I can contact more purchasing agents abroad to achieve the same effect!"
After a while, she sighed, with a smile on her face, "You are indeed a formidable man. Alright, let's go with what you said!"
We shook hands, and the project was a success.
In fact, whether it's the online flow or anything else, it always belonged to others, without one's own channels.
I could completely use Sevan City's universities as a foundation. These university students aspire to luxury goods, but genuine ones are too expensive. There are even many girls who sell their bodies for expensive handbags, which happened too often.
Second-hand luxury goods were affordable, and after maintenance, there is not much difference from new ones.
Like in the foreign countries, there were specialized second-hand clothing stores, and they have even formed chain brands, with a market value of tens of billions of dollars.
I called Savannah over, drafted a contract. She confirmed it and we signed the contract.
The company would rent a new office near WY Media Company, mainly for software engineers. After development, we would find ways to attract flow, which was simple. Once the user base is established, we can promote it ourselves.
We even had a name: LuxeLore.
Aria was very satisfied with this name. It rolled off the tongue, and it also incorporated our names.
After signing the contract, she said, "I won't manage the development of the app. Lend me a lawyer, and a few market researchers, we'll go to the foreign countried to secure the source."
I quite admired her decisive style of doing things.
In the end, I unexpectedly ended up with another company, but I was looking forward to it.
However, the pressure was also great. In just a week, the expected expenditure would exceed $10 million, but fortunately, the online mall and WY Media Company were still providing a steady stream of income, and I even made hundreds of thousands of dollars in profit.
As for the Sevan City beer, it's not time for dividends yet, but Frank also said that if I really needed money urgently, I could ask him to divert funds.
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