Reborn in 1985: From Selling Braised Duck to Becoming the World's Richest Man

"Mr. Liang, your idea is absolutely brilliant! Our discounted canned fruit is selling like hotcakes."

"Many consumers are asking us if we still have such discounted canned fruit; they want to buy more."

Wang Ren said to Liang Ming with a look of surprise and delight.

His eyes were full of admiration.

Every decision Liang Ming made brought huge profits to Liang's Canned Food Factory.

Who wouldn't like a boss like that?

The more money the factory makes, the more rewards the employees receive.

Hearing Wang Ren's words, Liang Ming smiled, and then immediately grasped the key point in Wang Ren's words:

"Director Wang, are you saying that many consumers are asking when Liangji Canned Food Factory will launch another batch of discounted canned fruit?"

"Yes what's the matter?"

Wang Ren didn't notice Liang Ming's somewhat serious expression and nodded.

Liang Ming took a deep breath and said in a low voice, "If that's the case, then we can't keep launching promotional canned fruit."

"Boss Liang, why is that?" Wang Ren asked in confusion.

“If we sell a lot of discounted canned fruit, then consumers will only focus on buying our discounted canned fruit, and gradually, our regular-priced canned fruit will stop selling.”

Liang Ming said in a deep voice.

He still felt a little scared when he said this.

He almost forgot the "milk law"!

In the last century, a phenomenon emerged in the West: many capitalists produced milk that they couldn't sell by evening because of high daily output. So, they decided to sell the milk at half price that evening.

His original intention was that it would be a waste if the milk couldn't be sold, and selling it at half price would not only help him recoup his costs but also win over consumers.

In this way, his milk business will definitely get better and better.

Unexpectedly, after he made this decision, his milk sales got worse day by day.

After inspection, the capitalist discovered that the problem lay with the "half-price milk".

On the surface, the half-price milk was sold at night because it couldn't be sold during the day, so the price was reduced to break even.

From a consumer's perspective, the price of milk at night is only half that during the day. So why not wait until night to buy it?

The milk is of the same quality, it's just not as fresh as it was during the day.

But for the average person, the novelty of those few hours makes no difference at all.

As a result, many consumers who buy milk during the day waited until evening to buy the half-price milk.

This caused the capitalist's milk business to deteriorate.

After discovering the problem, the capitalist immediately decided to stop selling milk at half price and to dump all the milk that couldn't be sold during the day at night.

This is the famous "Milk Law"!

And now, Liang Ming is facing a problem that is very similar to this.

If they continue to offer discounted canned fruit, people will likely only buy discounted canned fruit.

This will inevitably affect the sale of Liangji Canned Fruit Factory's full-price canned fruit.

After hearing Liang Ming's explanation, Wang Ren's face showed a look of sudden realization.

He immediately turned to Liang Ming and asked, "Boss Liang, what should we do next?"

"Should we revert these contract-manufactured canned fruits to their original price and sell them alongside other canned fruits?"

Upon hearing Wang Ren's words, Liang Ming remained silent for a few seconds, seemingly deep in thought.

After a long pause, he nodded and said, "That's the only way."

Upon hearing this, Wang Ren nodded and then went to make the necessary adjustments.

In the following days, Liang Ming visited Liangji Canned Food Factory every day to check on the factory's production and sales.

After Wang Ren restored the original price to all the canned fruit he manufactured, the retailers did have some complaints.

But it only lasted for two days before things calmed down.

After all, canned fruit is not cheap to begin with, so it's only natural that Liangji Canned Fruit Factory would only produce a batch of discounted canned fruit.

Moreover, even if the price of the canned fruit returns to its original level, they will still make a profit; it's just that customers will express some regret.

"Boss Liang, thank goodness you pulled back the special price in time. In the past few days, I've heard from the distributors that more than one group of people have come to inquire about whether there are any special prices on canned fruit."

Wang Ren looked at Liang Ming with admiration and said:

"If we continue selling like this for a few more days and customers develop a buying habit, it will be difficult for us to restore the price later."

Liang Ming smiled and said, "The current situation is indeed the best one."

After the problems at Liangji Canned Food Factory were resolved, its sales volume continued to increase.

After all, Liangji Canned Food Factory is now a bestseller not only in Taoyuan City, but also attracts businessmen and owners from several nearby cities.

After seeing the value of Liangji Canned Fruit Factory's canned fruit, they all placed orders for a batch to take back to their respective cities for sale.

Liang Ming accepted all orders from these distributors without hesitation.

As Liangji Cannery's fruit canning business grew, the entire economy of Taoyuan Township was boosted.

Industries such as canneries, fruit processing plants, and restaurants that sprang up around the cannery sprang up like mushrooms after rain.

These factories all revolve around Liangji Canned Food Factory, forming an industrial chain.

The economy of Taoyuan Township has taken off completely.

Among them, the happiest person was Jiang Tongji, the mayor of Taoyuan Township.

“Mr. Liang, your cannery is truly a pillar enterprise in our Taoyuan Township. Now, many industrial chain factories have emerged in the township, and most of the people in our township have found jobs. Along with this, some basic economic industries have also developed.”

That day, Jiang Tongji met with Liang Ming at a small restaurant in the countryside. They ate and chatted.

Today, Taoyuan Township not only has numerous factories built around the fruit industry, but also the catering and transportation industries have benefited from its development.

Now, you can see tricycles used for transportation driving by at any time on the roads in the countryside.

"Mayor Jiang, all of this is thanks to your and the township's strong support. Without your and the township's support, my Liangji Canned Food Factory would not have achieved its current glory."

Liang Ming said with a serious expression.

Finally, he raised his glass and said earnestly, "This glass is for you. I'll drink it all, you can drink as you please."

After saying that, Liang Ming drank the wine in his hand in one gulp.

Seeing Liang Ming's sensible demeanor, Jiang Tongji couldn't help but smile.

He was also afraid of supporting an ungrateful person.

Such situations have occurred before.

Previously, a similar situation occurred in a township under Taoyuan County.