I Have 10 Trillion Dollars only Usable For Simping
Chapter 1434 - 969 Snack Station_2

Chapter 1434: 969 Snack Station_2

Cao Jinse said, "But unlike the traditional franchise model, I don’t know whose idea it was, this Snack Station is quite unique because it requires a franchise fee."

"Is he doing charity again?"

Lan Peizhi hit the nail on the head.

Cao Jinse laughed, "Not really, even if he owns a money printing factory, the printing machine would be smoking by now. If a project is losing money, there must be another one making money, but the prices in this shop are so low that it’s impossible to profit from selling snacks, and he’s not looking to exploit franchisees either."

As everyone knows.

The franchise model.

Franchisees are the ones who get cut the most.

"Then how does he plan to make money?"

Each trade has its master.

When it comes to business, Lan Peizhi definitely can’t compare to super experts like Cao Jinse.

"Although there’s no franchise fee, you still need to invest 500,000 to join this Snack Station. This 500,000 isn’t a franchise fee; part of it is a deposit for goods, and another part is for renovation. If you decide to quit, this deposit will be fully refunded. Moreover, the subsequent operation of the store, product supply, and employee recruitment and management are all handled by the headquarters, so the franchisee only needs to cover store rent, utilities, property fees, and employee wages."

Women are like this; when they’re curious about a man, they gradually and unintentionally want to learn everything about him, even noticing a small snack shop by the roadside.

"Moreover, unlike other chain brands in the market, the revenue sharing of this Snack Station is given to each franchisee on a daily basis. Yes, it’s the most peculiar thing I found, it’s settled daily."

Cao Jinse’s interest grew, "Daily revenue is split 54% to 46%, with 46% going to the franchisee. To address any concerns of the franchisees, there’s also a guaranteed plan."

"If this idea wasn’t thought of by Jiang Chen, then the person who came up with it is really talented. If any franchisee is worried that even with Pei Yunxi’s strong advertising effect, they might still not make money, there’s an option to pay an additional 50,000 annual management fee for a guarantee. With this plan, Snack Station will assure a profit of at least 400,000 over the next three years. Anyone would pay this 50,000, which is why Snack Station could expand to 2,000 franchises in a short time, not needing any investment to open, and the guaranteed plan makes franchisees rush in with cash."

"This only proves that no cost is needed. How do you ensure profitability and what do you fall back on if there’s no profit?"

Though Lan Peizhi is no match for Cao Jinse, her business acumen isn’t something ordinary people can compare to. After all, before the Great Wall Group was established, she had already been through the path of business whitening, striking directly at the heart of the issue,

"Because not just the downstream, but the upstream is also integrated. With this new profit model, Snack Station has integrated nearly a thousand food factories upstream, and this number increases daily. Payments for goods are only 30% upfront, with the remaining 70% settled after sales. This forces factories to ensure the quality of snacks while closely following public taste. Additionally, due to the large scale, Snack Station has established a purchasing alliance for unified raw material procurement, thereby gaining absolute pricing power, increasing efficiency, and reducing costs."

If Jiang Chen were here, he’d definitely feel unsettled.

Anyone would feel uncomfortable if their secrets were laid bare.

An expert is indeed an expert; Cao Jinse dissected the unicorn project’s outline slowly and surely.

"In essence, this Snack Station is a total bait-and-switch, as it’s not really a snack shop but a platform that empowers the food industry with light assets. Franchisees provide funds to help with operation, while suppliers help with sales. It only has two tasks: solving operational issues for the upstream and solving sales issues for the downstream, bearing the least risk while earning the most. It’s a typical S-to-B-to-C model, which many companies study, yet this Snack Station has executed it perfectly."

S-to-B-to-C might be incomprehensible to the average person, but Lan Peizhi understands.

F is the industry empowerment platform, B is the cooperating merchants, and C is the end customers. To put it simply, it turns the company into a high-value, high-profit, multi-layered earnings, and strong cash flow platform with light assets, earning the price differences within the supply chain, service fees for platform empowerment, and management fees from downstream. When the time is right, they package it for listing, another example of classic commercial teaching.

"I believe this guy didn’t waste his college years on indulgence."

Speak of the devil.

Just as Jiang Chen pushed open the door with a ’tired expression,’ he missed Cao Jinse’s earlier evaluation. Otherwise, he would have cried out for justice.

Indulgence?

His college years had nothing to do with those four words.

"Sorry, I drank too much yesterday and got up a bit late."

"In a good mood, huh?"

Cao Jinse teased.

Jiang Chen walked over with a smile, sat down, and casually picked up the coffee on the coffee table.

"That’s mine!"

Cao Jinse snatched it back.

"My apologies."

Jiang Chen immediately apologized,

Lan Peizhi pushed the unopened coffee over. With a clever force, the coffee slid across the coffee table and stopped steadily before Jiang Chen, neither wobbling nor tipping over.

Real skill is often shown in small details.

Jiang Chen glanced at her, took the coffee bottle, and opened it without hesitation.

As expected.

It was unopened.

"The Snack Station downstairs, is that your shop?"

Cao Jinse asked, past the point of needing to beat around the bush.

"Yes."

Jiang Chen admitted straightforwardly, "In the future, whatever snacks you want, just say my name, 20% off."

What generosity.

"This model is quite clever, who thought of it?"

Cao Jinse inquired.

Jiang Chen took a sip of coffee, glanced at her, remained silent for a while, then said, "It’s the collective wisdom of Tianci’s management."

This was no lie.

The original idea of creating the snack brand came from Director Luo, who had gone traveling. However, he only set a broad directive, which was later revised and perfected by the group.

As an absolute core figure, Li Shuru naturally participated in setting up the plan.

And many of the ideas were hers.

For instance, she opposed Luo Peng’s direct sales model, suggesting a franchise model to expand locations, and suggested modifying the traditional model by canceling franchise fees and offering a guaranteed plan.

Despite studying art and dance, the countless business books she’s read and the effort she’s put in weren’t just for show.

The popularity of Snack Station owes much to Li Shuru; however, these details naturally don’t need to be intentionally mentioned.

Great Wall and Tianci, after all, are two different companies.

This is considered a commercial secret, not to be easily disclosed.

"I heard Tianci Capital was established by you and a few of your roommates, it seems your roommates are quite remarkable."

The short-lived Tianci Capital catching Cao Jinse’s attention already made Jiang Chen feel very flattered.

"Birds of a feather flock together, after all."

He continued drinking his coffee.

"Who did you drink with last night, to be so cheerful?"

Cao Jinse casually asked.

It couldn’t have been Tanki Liuli, who might eat meat but certainly doesn’t drink alcohol.

"Yuan Run, Yuan Bingshan."

Jiang Chen answered truthfully.

"Yuan Bingshan?"

Cao Jinse was surprised.

Lan Peizhi also looked over.

But someone’s appearance was indeed a bit "worn out," yet didn’t seem like he’d been beaten.

"You’re on good terms with him too?" Cao Jinse asked, this guy really knows a lot of people.

Jiang Chen shook his head, "I have a good rapport with his sister."

"You both can drink that much?"

Cao Jinse was astonished, clearly familiar with the personality of the ’tiger idiot.’

"There was one more person."

Without keeping them in suspense, Jiang Chen downed another gulp of coffee to refresh himself, then voluntarily and candidly said, "Song Chaoge."