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Chapter 167: Managing the Household, Governing the Country, and Peace Throughout the World (Part 3/3)
It had to be completed with both quality and quantity assured!
At the same time, he also reached a cooperation intention with China Post Express to mail at a relatively cheap price.
The entire record industry exploded upon hearing the selling price!
Clearly, they had never dreamt of this!
Tang Feng’s first album was priced at only 25 yuan!
It was even 5 yuan cheaper than the 30 yuan they had heard about before!
This price had far exceeded their imagination!
“Has Song Lei gone mad? An album for 25 yuan! Damn! It’s competing with the price of pirated CDs!”
“Does he have a hole in his brain? What was he thinking! Can there still be profit in this way? Can our CDs still sell?”
“25 yuan! Even if the cost is only 10 yuan, the little money left, even if all earned, is not much!”
“And he’s actually selling it online and even offering free shipping! Not to mention, just the postage alone probably costs five, six, seven, eight yuan.”
“This is too ruthless! I’ve been in the industry for so many years and this is the first time I’ve encountered such a fierce price war! Not only does it leave no way out for peers, but it also leaves no way out for pirates! Amazing!”
Of course, Song Lei also received many calls from his peers.
He pushed all the responsibility onto Tang Feng as previously instructed!
“President Yang, I’m just an employee! I have no say in setting the price! Mr. Tang decided on the price himself! He thinks 25 yuan is fine, and I can’t do anything about it!”
“President Chen, don’t call me! If you really want to know, you can go directly to Mr. Tang! He set the price!”
Naturally, such responses led to no further action.
However, customers were naturally overjoyed at such prices.
Not only did they hear about it for free on the uu chat app, but they also actively placed orders on Jianbao website!
After all, due to the price being so low, many local distributors did not stock up at all!
Many people, especially student groups, simply tallied up how many people in the school were buying and then placed a group order. This way, they didn’t have to run to the post office or bank to make payments individually.
Tang Feng’s six songs quickly became popular throughout the country!
Directly soaring to the top of various music charts.
His songs began to be played in streets and alleys!
Song Lei, seizing the opportunity, directly granted the song rights to Li Feng Network.
Li Feng Network then collaborated with China Mobile to turn these songs into mobile ringtones!
A single ringtone costs two yuan!
Even if they could only get twenty percent, a ringtone could earn forty cents!
One million ringtones equal four hundred thousand!
Of course, Tang Feng’s six songs, being too popular, reached over fifty million downloads in less than a week!
Terrifying! Truly terrifying!
That is to say, just from the ringtone business alone, the record company made twenty million in revenue!
And this was just the beginning!
More downloads were to come over time!
After a week of busyness, Song Lei appeared in front of Tang Feng.
Tang Feng had completed the development and testing of antivirus software and was sitting in the yard chatting with Su Xiaoli.
The lazy sunlight fell on him, making him feel incredibly comfortable!
“Mr. Tang!” Song Lei greeted him upon arrival.
Tang Feng invited him to sit down.
“You two chat!” Su Xiaoli stood up and returned to the living room.
“Mr. Tang, your decision was truly wise! In just one week, the album has already accumulated sales of eight million copies! With a net profit of 5 yuan per album, that’s almost 40 million in revenue! Additionally, Li Feng Network also contributed 20 million in dividends! Plus, we’re also rushing to produce other derivatives! If nothing goes wrong, the revenue from this album could easily exceed one hundred million,” Song Lei was very excited.
“Eight million copies, just two million shy of ten million. When do you think we can reach ten million?” Tang Feng asked.
He was not very interested in the revenue.
What he cared about most was when he could complete the system release mission!
Only by completing the mission could he get fifty thousand points and the blueprint for the supercar!
“It should take about another week. The sales of the album, that is, the first week is the strongest, and then it will gradually decline,” Song Lei replied.
“Let’s push harder and aim to reach this goal sooner,” Tang Feng said with a smile.
“Mr. Tang, now that your song is so popular, many brands have approached me wanting you to be their brand ambassador. Would you consider it?” Song Lei consulted.
“No,” Tang Feng shook his head, saying, “Except for my own company, I will not be a brand ambassador for any other company. Because I’m not sure if these companies might run into trouble. If they do, it would definitely affect my image and reputation.”
“But the offers are very tempting,” Song Lei reminded him.
“Money is endless,” Tang Feng glanced at him, saying, “I don’t want to live off flashy things. Right now, I just want to do things I enjoy.”
“Alright. Since you disagree, I’ll call them back when I return,” Song Lei nodded.
“How’s the mission I gave you?” Tang Feng inquired.
“I’ve selected more than twenty talents who sing quite well. When do you have time? I can gather them for you to meet,” Song Lei replied.
“Twenty is too few. You can broaden the search. Aren’t there eight music colleges nationwide? Try to pick out all the promising talents. At that time, at least half of them will need to be eliminated. With just over twenty people, after a bit of elimination, probably only a few will remain,” Tang Feng advised.
“Okay!” Song Lei nodded, saying, “I’ll try to find more good talents.”
“While I’m still young, I need to take the time to cultivate more talent for the China music industry. That way, in ten or even twenty years, with so many core forces, China’s music will definitely improve,” Tang Feng said lightly.
“Mr. Tang, when do you plan to produce the second album? With your current popularity, we should strike while the iron is hot,” Song Lei asked eagerly.
“Let’s talk about it later. I have more important things to do right now,” Tang Feng responded.
“If your popularity wanes by then, it will definitely affect the album’s sales,” Song Lei worried.
“Good songs need to be created with care, not just to ride on popularity. With the revenue from this album, the company can also survive well. For now, your main mission is to discover more talents. Mr. Song, money is endless, but we still need to focus on the future,” Tang Feng spoke earnestly.
“Alright! I’ll do as you say! I’ll get right on it!” Song Lei was somewhat impatient.
Tang Feng stood up to see him off.
———-
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Moofie[Translator]
Just a college student that loves reading novels~!