Fishing Livestream
Chapter 441 - 441 430 Planning

441: Chapter 430: Planning 441: Chapter 430: Planning For instance, the status of an Intermediate Merchant, once promoted, becomes that of an Advanced Merchant, and only Heaven knows how large an industry and net worth one must have to advance.

Even at the Intermediate level it’s already at a million, and the difficulty of promotion beyond that is definitely quite high.

Since binding with the system, Yue Feng felt that his development had been fast enough, yet it was still a great distance from the system’s requirements, signaling the need to calm down and carefully plan the future direction of development.

The two dimensions of fan following and improvement of Fishing Skill are actually quite hard to boost in a short period of time.

This is a process that requires slow accumulation, step by step, needing time to settle, fight match by match, and increase followers gradually—it’s not possible to get fat with a single bite.

However, after experiencing the evening’s sales event, Yue Feng realized he had underestimated his fans’ lightning-fast purchasing power.

That night, the simultaneous online peak in his livestream exceeded thirty-eight thousand people, with a total traffic of five hundred and eighty thousand, and more than ten thousand transactions were made, which only accounted for a small proportion.

Upon calming down and analyzing the situation a bit, Yue Feng came to a conclusion.

The impression that selling goods live would harm fan loyalty turned out to be mistaken; on the contrary, the highest peak in viewership today occurred precisely during the most exciting sales period.

This also meant that as long as the product quality was reliable and the cost-performance ratio was high, selling goods could also maintain and even grow the fan base.

This new discovery almost completely refreshed Yue Feng’s existing perceptions.

No wonder there are so many live sales anchors on the platform now.

It seems that even products not as unique as Musk Wine can be sold in large quantities on this platform, with a wide audience and very enthusiastic fan support.

With some ideas of his own, Yue Feng didn’t just blindly forge ahead but sneakily checked the platform and saw that Zhou Ziqing had finished his livestream, and it was likely that he hadn’t gone to bed at that hour.

Zhou Ziqing was an early adopter in nimble live sales, and it could be worthwhile to learn from his experience.

Thinking this, Yue Feng sent a WeChat message to Zhou Ziqing.

“Brother Zhou, have you rested?

I’d like to ask you about something!”

Zhou Ziqing had just finished streaming ten minutes earlier and was summarizing today’s livestreaming on his phone when he saw Yue Feng’s message and immediately called back.

“Yue Feng brother, what do you need from me?”

Yue Feng asked, “I just took over a local fishing equipment store and spent the evening livestreaming to clear some of the inventory of fishing gear.

I realized that the viewers have quite a strong spending ability, so I want to develop in the direction of livestream sales.

You’re a veteran in this area, so I took the liberty of asking for your advice!”

“Oh, you want to get into e-commerce and live sales?” Zhou Ziqing paused after hearing Yue Feng’s words, thinking rapidly.

Why say this?

Zhou Ziqing, after many years of experience both in society and online, had become a very rational and mature middle-aged man, accustomed to thinking deeply about things.

Upon hearing Yue Feng’s question, he couldn’t help but overthink a bit.

Zhou Ziqing thought to himself: Yue Feng brother wouldn’t be coveting the popular bait and small medicinal products that I’ve consistently sold well, now probing to gauge my reaction, would he?

Yue Feng nodded, “Yeah, I’m short on cash!

You’re definitely more familiar with fishing gear than I am.

I’m asking for your advice, to learn from you!”

Hearing this, Zhou Ziqing replied, “The first batch of streamers who did fishing livestreams made a fortune selling their own branded products!

But after such a long period of development, the online fishing equipment community has passed the stage where fools were easily parted with their money by paying the ‘stupidity tax’.

This kind of scheme doesn’t work anymore!

If you rip off the fans once, they won’t buy it again.

A few fishing livestreamers I know, who are close to a million in popularity, experienced a significant drop in viewership after beginning to stream, and their sales cooled off a lot, beginning a downward trend.”

The products in my store are all my own independent brands, and everything I sell consists of mature products that have been tested and proven in practice!

If you also want to start an e-commerce business to make money, you could begin in this direction!

Besides, don’t you have a secret weapon?

Just the Musk Herbal Wine product alone, if it becomes a hot item, could easily make you tens of millions a year—it’d be like child’s play!”

The advice Zhou Ziqing gave was based on experience, and there was nothing wrong with any sentence taken on its own.

However, much like when Yue Feng used to bluff Han Luofeng back at Hua School, Zhou Ziqing said a lot but did not get down to specifics regarding the projects.

For instance, Zhou Ziqing’s currently successful product, the handmade, precisely tied fishing lines, generated a very sizeable daily order volume, with a very stable repeat purchase rate.

Another example is the fifty-meter fishing line, always featured in his live broadcasts on the little yellow cart – costing around eighteen per roll at wholesale, and retailed in the live broadcast for thirty-five, with free shipping for two rolls.

The profit margin was very considerable, and the reputation explosive.

Zhou Ziqing held tightly to his signature products, very afraid that Yue Feng would ask for his sources of supply.

Even though he didn’t go into detail about the actual situation, the information was enough for Yue Feng to make a judgment.

Yue Feng nodded, “Thanks, big bro, for clearing that up.

I’ll go back and look into it!”

“Alright then.

By the way, when are you supplying the next batch of Musk Wine?

If you’re planning on selling in large quantities, I could collaborate with you on this.

You could just give me a small commission, and we brothers can talk it over easily!”

“I’ll have to wait a few days for the next batch; I’m out of stock right now!”

“Then…”

Zhou Ziqing pondered for a while but didn’t come up with any follow-up.

He didn’t say much, but his heart had entered a fierce struggle about whether to share his supply sources with Yue Feng for a joint business endeavor.

After all, this guy was quite loyal, and if they cooperated, they could cover a larger audience and expand their market reach.

Before Zhou Ziqing could decide, Yue Feng continued, “Let’s leave it at that for now; I’ll do some more research myself.

Gotta go!

See you, big bro!”

Looking at the sound of the call hanging up on his phone, Zhou Ziqing shook his head, the little schemes in his heart still unspoken.

Forget it, better to just stick to my own business!

Zhou Ziqing consoled himself and suppressed the thoughts in his mind.

…

Returning to a calm state, Yue Feng began surfing through various fishing livestreams on the broadcasting platform with a furrowed brow.

Yue Feng didn’t pay much attention to the content of the broadcasts and focused mainly on the merchandise they were promoting.

After a brief observation, Yue Feng confirmed most of what Zhou Ziqing had said, and noticed many details.

Any fishing broadcaster promoting products always had a few mainstays in their little yellow cart: medicinal wine, fishing lines, and floats.

Compared to physical stores, the prices were slightly lower, but the profit margins remained incredibly high.

Yue Feng, who had his own shop, had a basic understanding of the products with high profit margins.

Take medicinal wine, for example: if it was just ordinary commercially available stock, it was almost pure profit!

The same went for fishing lines.

Even the most expensive lines from Japan, if bulk-imported unpackaged, cost only a few cents per meter.

As for floats, it was much the same.

Nanotechnology floats of acceptable quality could be sourced for a few yuan, yet be sold for thirty to fifty, or even a bit better ones for one or two hundred.