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So, when the price doubles, how many times does this man choose to increase the price?
Three times.
Three times. Very good.
So, will the price increase?
When the price increases, the workers will be reduced, the factories will be reduced, the electricity will be reduced,
our jobs will be reduced.
The rest of the time, we will sell elsewhere.
I would like to introduce myself.
I have a business that is currently in the business of local specialties.
I came here with the intention of doing it out of passion, out of madness.
There was a little bit of madness after I ran the business, but I didn't see it afterwards.
I saw the numbers, but I didn't see any profit.
Because 2-3 years ago, I did business, I traded products into the system.
Now, agricultural products have very low profits.
If you want to do business with agricultural products, you have to make it a new feature for the product.
The price must be different, and the distribution channel must be different.
The easiest way is to find a horse, run fast, put its back on the ground, and fly back to the destination.
I mean, find a product that has a better market value.
Are you good at selling?
Yes, I sell well.
If you sell well, do you have money to sell other products?
It's also a good product.
Yes, now I am like you.
Yesterday, I learned that if you don't see the effect, you change the product or you change the market.
I am using it on my market.
I have a channel, so I think I will still use this product.
But I will increase its value.
Increasing will be difficult.
For example, this bag of cakes, I put dried beef, dried pork, dried chicken or fish.
I would like to share why I make this product.
You have shared 100 stories.
Is it not as good as this sound?
Yes, it is.
This is the best sound of this commercial.
That's it.
I don't need to say much.
The history of cakes and traditional cakes is not as good as the sound.
What else do you want to say?
Yes, I also have a thought.
I also have a bigger idea for the product of my hometown.
In the past, this product was just a bag.
Or we sold it in the form of a collection.
Then we handed it over to each other in just 7 days.
I want to bring a product of my hometown to the modern channel.
I want to sell it to many people who know my hometown.
And I did it.
Although there are risks, I can handle it.
I am happy because I can do it.
25,000 VND?
Yes.
How much will you spend on this product?
Will you buy it?
50,000 VND?
40,000 VND?
Will you buy it?
No.
Yes.
Have you heard the result?
Yes.
Will the market change if the price goes up to 40,000 VND?
Yes, it will.
Will it?
Yes, it will.
How many of you are hesitating whether to buy it or not if the price goes up to 40,000 VND?
You are hesitating whether to buy it or not because the price goes up to 40,000 VND.
You won't buy it.
You won't buy it if the price goes up to 40,000 VND.
Thank you.
It means you will lose half of the market.
Yes.
What will happen if you lose half of the market?
I think I am a wholesaler.
I sell in large quantities.
I have to accept that I have to sell at a higher price for my customers.
For example, in supermarkets or...
Don't talk too much.
You are a businessman.
Don't talk too much.
The original price is 25,000 VND.
The original price is 15,000 VND.
The production price is 12,000 VND.
This man earns 3,000 VND.
This man earns 10,000 VND.
Right?
This man earns 50,000 VND.
The original price is 12,000 VND.
How much is the original price?
Right, 30,000 VND.
How much does this man earn?
18,000 VND.
How much does this man earn?
20,000 VND.
How many times does he sell at a discount?
How many times?
50,000 VND.
How much does this man earn?
Still the original price, right?
How much does this man earn?
How much?
9,000 VND.
So, when the price is doubled, how many times does this man increase the price?
How many times?
Three times.
Very good.
So, does the price increase?
When the price increases, the workers reduce.
The factory reduces.
The electricity reduces.
Our work reduces.
The rest of the time, we sell elsewhere.
The profit increases three times.
Now, do you see the money?
Do you see the money?
Yes, I see the money.
When the price is doubled, we lose half of it.
But the profit increases three times.
The market, the profit is still the same.
The workers are still the same.
When the price is doubled, the workers reduce half of it.
We increase six times.
But we reduce half of it, so we increase three times.
Do you understand?
Yes, I understand.
But in my opinion, we have to change the packaging to increase the profit.
Yes, that's right.
Instead of calling it shrimp salt, we call it sesame salt.
Instead of calling it shrimp salt, we call it saffron salt.
Yes, I understand.
If the profit increases, the workers reduce and the factory produces more.
So instead of 125 grams,
you put in 150 grams.
Then you write 20% more.
You take a piece of beer,
you print a piece of paper,
you print on one color,
give 20% more.
After that, the other kind of products run out.
So only this one is left.
We still sell both kinds to customers.
At the transition stage, we sell both kinds.
Both kinds, 25 and 50.
40.
Then we reduce the number 25,
and there's only 25 left.
You have to eat all kinds of noodles.
I used to think that I had to make a similar product and then make something to increase the value.
But as you said...
No, your price is here.
See?
Yes.
Add the red color to increase it.
You are here in red.
If you add a piece of yellow, it will be 20%.
Yes.
And there are 4 noodles inside.
4 pieces, right?
Add a piece of yellow and wrap it in another piece of paper.
It will be 20% more.
And there is another piece of yellow inside.
Yes.
Can you do it?
If you increase the price, I can do it.
Just increase the price.
Increase the price to increase the customers' interest.
Yes.
Not increase the price.
Just increase the price.
Yes.
Just increase the price.
Increase it by 20%.
Two different things.
But let people realize that this is 20%.
If you think small, it's 25,000.
If you think big, it's 20,000.
I will do it in front of the biggest man in the market.
Right?
If it's 41,000, how much do I sell?
I also sell at 41,000.
But selling at 41,000 is very difficult.
Selling cheaply at 41,000 is very difficult.
Why is that?
Huh?
Change it back.
No.
He's crazy.
I research this very easily.
I can give up to 40,000.
I'm happy.
Remember that.
41,000 but I can give up 40,000.
I'm happy.
In the supermarket, 1,000 is a lot.
But in the market, 1,000 is a lot.
It's difficult for people who think small.
But for people who think big,
there is nothing difficult in life.
I don't want to go to the market,
I don't want to go to the supermarket.
I want to go to a cafe or a coffee shop.
People are willing to pay better.
Sometimes I can sell for 45,000.
Customers like it.
I can give up 41,000.
In the supermarket, I can give up 41,000.
When I get 40,000, people are happy.
I can give up 51,000.
61,000, 91,000, 101,000.
Thank you.
Give her a big round of applause.
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