Reborn as a tycoon in Hong Kong
Chapter 66 Preparing goods in advance
In mid-November, Lin Baicheng came to the United States again.
There were quite a few people coming to the United States this time, including not only Lin Baicheng's bodyguards, but also Anyuan and other five employees responsible for the transaction.
It was Eric Davis, the head of Galaxy Games' Los Angeles branch, who came to pick him up.
Because they had calculated the time to buy the tickets, it was already around six o'clock in the evening local time when Lin Baicheng and others arrived in Los Angeles. After dinner, they went to rest and adjust to the jet lag.
the next day.
Lin Baicheng asked Eric Davis to arrange for someone to take Anyuan and others to play in Los Angeles, while he himself took his bodyguard to find Phil Smith.
Lin Baicheng had contacted Phil Smith before coming to Los Angeles, so Phil Smith was not surprised by Lin Baicheng's arrival.
"Lin, what are you doing in Los Angeles this time?"
Lin Baicheng and Phil Smith found a place to chat.
"I came here mainly to find financing from Goldman Sachs or other investment banks."
Lin Baicheng did not hide the purpose of his visit this time. After all, there was nothing to hide.
"Financing? Isn't it your game company that needs financing?"
Phil Smith was moved when he heard this. If the company Starship Games needed financing, he would be very happy to get involved. For this reason, he would not mind asking his father for support.
"It's not a game company, Galaxy Games is still very profitable."
Lin Baicheng shook his head and said, "That's it. I'm optimistic about the future price of gold, so I want to go long on gold futures, so I'm looking for financing from Goldman Sachs or other investment banks."
Just tell Phil Smith that Lin Baicheng doesn't mind at all if Phil Smith joins in the long gold business. After all, the market is very huge, and Phil Smith's joining will not affect Lin Baicheng's future earnings.
Phil Smith knew that Lin Baicheng was long gold futures, so he did it. That was Phil Smith's own skill and his luck. If Phil Smith didn't do it, Lin Baicheng would not take the initiative to persuade him to do more gold, because there is no need. After all, Phil Smith would not give him some money after making money.
“Long gold futures?”
Phil Smith was a little surprised. He didn't expect Lin Baicheng to gamble in the financial market. As a friend, he still reminded him: "Lin, we are not in the financial industry. From a friend's standpoint, I still hope you can do more. Think about it and be careful. Doing business is actually very profitable, isn't it like your Galaxy game?"
"Don't worry, Smith, I know what's going on."
Lin Baicheng smiled and nodded, but from Phil Smith's words, he also saw that Phil Smith would not be involved in gold futures trading.
"Just understand it yourself."
Phil Smith didn't give much advice. After all, the two of them weren't familiar enough yet and could only be considered business friends.
"Lin, there is something I want to discuss with you."
"you say."
"As you know, Christmas is coming in just over a month. This holiday has a great influence in our Western countries. Everyone spends a lot of money around Christmas every year."
"The sales of "Xiangjiang Cube" and "Pac-Man" have been very good recently. I am planning to conduct a certain price reduction promotion around Christmas. I believe the sales in those days will be very impressive. At present, I don't have much inventory of these two arcade machines. Yes, "Pac-Man" is okay. After all, you still have many orders that have not been shipped, but "Xiangjiang Cube" is different. I need to place an order again. I am still planning to place an order of 10,000 units this time. .”
"This is a good thing!"
Lin Baicheng couldn't help but smile when he heard this. With an order for 10,000 units of "Xiangjiang Cube", Lin Baicheng could make a profit of 8 million US dollars, which is a great thing.
"But I need to get as much as I can before Christmas."
Phil Smith said solemnly: "Lin, I'm worried that besides me, there are agents from other countries who will come to you to place orders before Christmas to prepare goods for Christmas, so I hope you can complete my order in advance. what do you think?"
"This is it"
Lin Baicheng pondered after hearing this. Considering the help Phil Smith gave him, he finally said: "Smith, originally 20% of the daily production capacity of my factory's arcade machines was assigned to your order. Now I will increase it to 30%." %, that is, the number of arcade machines increased from 120 to 180 every day. There are still about forty days before Christmas. Even if there is a shipping delay in the next half month or so, you can at least have around 4,000 units in stock by then, which is already a lot. "
"Lin, that's not what you calculated."
The delivery quantity increased by 50% of the original quantity. Phil Smith was certainly happy, but he still said: "Before Christmas, I was selling every day, so there wouldn't be so many arcade machines left by then. What's more, this is The number of arcade machines for both games, on average, is only half the number for each game.”
Lin Baicheng couldn't help but said after hearing this: "Even if there are only about a thousand units of each game, it will be enough for Smith to sell it in a few days before and after Christmas."
"Lin, that's because you don't understand the spending power of our country around Christmas."
Phil Smith shook his head and disagreed with Lin Baicheng's words. This is because arcade machines are very expensive, and few individuals buy them. They are replaced by products that individuals can afford. Sales exceeding one million before and after Christmas are normal operations, and sales exceeding ten million are also quite a lot.
"Well, you must know better than me after all."
Lin Baicheng shrugged. After all, he was not an American and had never been abroad in his previous life, so he definitely didn't understand the country's consumption level around Christmas like Phil Smith did.
"But Smith, that's all I can help you with. After all, I also have contracts with other agents. According to what you said, agents in Western countries may come to me to place orders in a while, or hope that I can ship the goods in advance. Give them, I can increase your delivery volume by that much, this is the limit of what I can do.”
"Okay, Lin, no matter what, I still have to thank you."
Phil Smith knew that what Lin Baicheng said was reasonable, so he couldn't force it anymore and had to give up. However, he has decided that if it is really out of stock, he will have to pay an extra fee to have Galaxy Games fly it over.
"You're welcome. Didn't you help me find connections with Goldman Sachs last time?"
Lin Baicheng waved his hand, saying that as long as there is coming and going, helping each other is normal business dealings, and no one will give blindly.
After Lin Baicheng chatted with Phil Smith for a while, he said goodbye and left to meet with the appointed Goldman Sachs executives. This time, the two of them are already familiar with each other, so there is no need for Phil Smith to bridge the gap.
The reason why he approached Goldman Sachs first was not only for financing needs, but also because Lin Baicheng wanted to know how Goldman Sachs was doing with Microsoft and Apple's investment in shares.
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