720 Seizing a total victory! (1/2)
Jianghe City.
Su Hao had also seen the latest data.
As expected, their profits were zero.
After working so hard for a week, selling countless drugs, not only did they not make a single penny, but they also forked out money from their own pockets for the shipping cost.
And this is just the beginning!
This was merely the first week. Starting next week, this new drug's price will be reduced again. At that time, they would be in the red. The more they sell, the bigger the loss they accrued!
”This isn't looking great.” Su Hao rubbed his forehead.
He could clearly see the determination of the Pharmacist Association to monopolize the market! Otherwise, in this one week, whether it's coming from their old stock or the loss of new drug sales, it's an unimaginable figure. Eventually, this fight of theirs would turn into a closely-fought contest.
”We can't continue like this.” Su Hao pondered for a second and suddenly had an idea.
”Master.” Su Hao called Zhang Zhongtian.
”Are we going to reduce the price again?” Zhang Zhongtian gave out a loud sigh.
He had already become numb to these few days of struggling.
This was the reason why he left the association. He understood that with all these people there who only care about their own interest, his days wouldn't be great. However, he never expected that even after leaving that place, he still couldn't escape from this.
”No, we're not going to drop anymore.” Su Hao smiled.
”Not dropping?” Zhang Zhongtian seemed to have thought of something, ”Are we going to surrender?”
”Surrender? Of course not!” Su Hao shook his head while revealing a smirk, ”Master, are you sure their cost of production by using alternative far exceed ours?”
”Of course.” Whenever it comes to drugs, Zhang Zhongtian was very confident, ”I have already reached the peak of mastery in pharmaceutical practice. My gap from that expert in the association is only a thin line. Although they managed to crack my drug, it's impossible to reverse engineer it to be the exact product. Thus, they must have resort to using many other materials as substitutes.”
”And the price of these substitutes are definitely more expensive!” Zhang Zhongtian continued without hesitation, ”I estimate that their final product cost might be more than ours by 50%!”
”50%?” Su Hao smiled.
This isn't a big figure because when compared with the sales of the new drug, it's almost negligible. However, the situation was different right now.
After all, their price had dropped below the breakeven point.
Su Hao was finally reaching the breakeven point; he didn't even have to guess to know that the association was currently suffering a loss!
”Then, this will be easy to implement.” Su Hao smirked, ”Master, sell their drug!”
”Huh?” Zhang Zhongtian went blank.
”They want to sell at a lower price right? Then, we will buy as much as we can from them! After that, we will sell theirs back to the market. Let's see how long they can afford to maintain their loss.” Su Hao sneered.
”Doing so is illegal.” Zhang Zhongtian reminded him.
”I thought we have stepped over that line already?” Su Hao's eyebrows twitched. Zhang Zhongtian then realized this fact. His usual look as a cunning businessman reappeared, ”This time, let them suffer the consequences. Hehe.”
The next day, everyone in the Federation was still happily watching this battle. However, nobody expected it to progress in a strange direction.
This time around, the association received a huge amount of purchases. Literally, whenever the association has some product, it would be immediately sold out! At first, they didn't pay much attention to it; instead, they were happy with the progress since it indicated that they had finally defeated Su Hao and their market monopoly is about to return to them.
However, after such data lasted for a week, they finally realized something was amiss because Su Hao's sale was still progressing even though his drug is a little more expensive.
”Something isn't right!” The vice president began to notice it.
Su Hao, they still have the funds? After lasting for such a long time, he still hasn't gone bankrupt? Did he have a reserve fund?
No!
He had no time nor capital to accrue one!
And yet, why hasn't he gone bankrupt?
However, when they investigated it further, they were stunned because they discovered that Su Hao's sales turned out to be their own product. In other words, for this one week, what Su Hao sold was their own product! Not only did he not suffer a loss, he actually earned a tiny bit of profit!
”Damn it!” The vice president was furious, ”He actually dared to use such an underhand method?”
As for the head of the sales department, that fatty was instead happy to read this news, ”Isn't this a great thing? Such illegal things, as long as the authority does an investigation, he's finished.”
”Investigate who?” The vice president gave him a cold stare.
”Obviously Su Hao.” The head department still hadn't realized something was amiss, ”We complain about them and let the people from the Federation come over. Then, they would be completely finished once and for all.”
The vice president still maintained his cold stare, ”You think the Federation will only investigate him?”
”Of course.” The fatty patted his chest and wanted to continue, but quickly had a change in expression because he realized a terrifying result. Although the Federation was now turning a blind eye, if they do complain to the Federation, this incident regarding the new drug would definitely be investigated. As for the final result, both parties would be stripped of their qualification to sell the product!
No one would have the qualification to sell it!
This is a death sentence!