335:
Good heavens.
This Mar Shack is not just good at doing business.
Never heard of it.
To directly provide full funding for an order.
This way.
His company would have no financial pressure at all.
He was completely working with the distributors' money.
And.
There were over a hundred distributors present.
Seeing the distributors looking dumbfounded.
Mar Shack was quick to strike while the iron was hot.
"Of course."
"Currently, our production capacity is very tight."
"If you want the first batch of products, place your orders quickly."
Holy cow.
Mar Shack had truly mastered the art of scarcity marketing.
Directly claiming a tight production capacity immediately made all the distributors present nervous.
After all.
Damn it.
Such an amazing product, a truly epoch-making product that could completely overturn the new energy vehicle market, would definitely cause a global storm upon its release.
Of course.
There were a few distributors who were very worried about potential issues.
However.
Their thoughts were quickly dispelled.
What kind of company was Mar Shack's Test?
An international giant company with a market capitalization exceeding two trillion US dollars.
How could such a formidable company possibly have an accident... much less the possibility of default or failure to deliver products?
"Give me thirty thousand units!"
The first to speak was a distributor from the United Kingdom in Europe.
He was a mid-tier distributor among those present.
Immediately.
With his lead.
All the distributors present instantly became extremely lively.
Some smaller distributors, with limited capital chains, only ordered three to five thousand units.
But the large distributors ordered tens of thousands or even over a hundred thousand units.
Soon.
Mar Shack's assistant compiled all their demands.
"Boss, a total of three million units... the total funding is sixty billion."
Twenty thousand per car.
Three million units, that's sixty billion.
There was no problem with that.
And remember.
This was just the first batch of pre-orders.
Once this model was officially launched.
Sales were likely to increase tenfold or even dozens of times!
Looking at the accumulating sum.
Mar Shack's eyes were almost squinting with delight.
Sixty billion.
After deducting costs, that was a net profit of thirty billion.
One order meeting, and thirty billion in revenue.
It had to be said, Meng Hao was indeed impressive.
"Now, distribute the contracts, everyone please sign!"
"It includes all your rights and obligations."
"Please read it carefully before signing. If there are any issues, we will refund you immediately... but once the agreement is signed, no refunds will be accepted. If you do not comply with the requirements of the contract, your deposit will be deducted!"
Mar Shack.
Who was he?
One of the world's top capital controllers.
How could he possibly suffer any loss?
Otherwise, he wouldn't have been able to stand out from so many shrewd people globally and become the world's richest man.
The other distributors carefully read the contracts, which had been translated into various languages, and exclaimed in admiration.
Good heavens.
This contract.
It was a complete set of coercive clauses.
Essentially, it was all about binding responsibilities, while the distributors' rights were practically non-existent.
For example.
If Test Corporation could not deliver on time due to its own reasons, or if the product had large-scale defects, there would be a compensation of five times the price of one unit.
Damn it.
Everyone knew.
Test Corporation's manufacturing process was extremely rigorous, and its product quality control requirements were even stronger.
It was virtually impossible for their company to have so-called large-scale defects or fail to deliver on time.
As for the so-called five times compensation.
It was just something to look at.
It was estimated.
Because of the numerous restrictive clauses in the treaty and the many constraints on the distributors.
This five-times compensation clause was symbolically written on it, serving as one of the benefits for the distributors.
After all.
The treaty, at first glance, was all about responsibilities and no rights.
Anyone looking at it would feel a bit displeased.
So adding one or two rights-based clauses to make it look good was not unreasonable.
It was clear.
Mar Shack also knew that his contract was somewhat overbearing.
But knowing it was one thing.
He would never change it.
After all.
Once this model was launched.
Even if it was sold at a price of fifty thousand or even forty thousand, the distributors would still have substantial profits.
A cost of fifty thousand sold at seventy thousand.
And a cost of twenty thousand sold at forty thousand.
Both seemed to have a profit margin of twenty thousand.
But in reality, they were entirely different matters.
A cost of fifty thousand sold at seventy thousand only had a 40% profit margin.
While selling twenty thousand for forty thousand was a 100% profit.
Moreover, the higher the unit price of the product, the lower the sales volume, and the greater the cost of marketing, sales, logistics, labor, etc., per vehicle.
For the same total sales revenue, if the cost was fifty thousand, then the various hidden costs per vehicle might reach over fifteen thousand, leaving very little profit margin for the distributors...
And for the same total sales revenue, if the cost per vehicle was twenty thousand, then the various hidden costs per vehicle would be around five thousand, leaving a profit margin of at least fifteen thousand for the distributors.
A full three times more.
Furthermore, according to Mar Shack's requirements in the contract.
A selling price of forty thousand was the minimum selling price, which was only available for bulk purchases or extremely important clients.
The official retail price was sixty thousand or even seventy thousand US dollars.
A slightly more accommodating price could be fifty thousand or fifty-five thousand US dollars.
Even at the lowest normal selling price of fifty thousand US dollars.
The profit margin was twenty-five thousand US dollars.
A full five times the cost of fifty thousand.
And if calculated at the highest price of seventy thousand, the profit margin would be fifty thousand... a profit margin ratio of a terrifying one hundred percent.
Therefore.
Even though this contract was overbearing and troublesome, they would still sign it with smiles.
What a joke.
Who would refuse money?
Of course.
The coercive clauses in the contract also came with costs.
But on average, the cost per vehicle only increased by about one to two thousand US dollars.
For example.
Small general distributors with orders below ten thousand units would need to distribute flyers and the like on the streets of their respective locations for promotion...
Medium-sized general distributors with orders from ten thousand to thirty thousand units must promote this model on local television stations in their store's area...
As for large distributors with orders above thirty thousand units, they must invest in advertising on at least provincial television stations and influential online media in their respective countries, and ensure a certain number of trending topics and online influencers...
Damn.
This Mar Shack was too good at business.
He had directly passed on the promotion costs originally belonging to Test Corporation to the other major distributors.