Chapter 422: Su Xiufeng’s Last Resort
Su Xiufeng sold clothes priced between fifty and a hundred.
On the opening day, she didn’t invite anyone; she just opened the door, put up a sign advertising a 20% discount on new products, and quietly started her business.
Because she had good taste and the style of the clothes she stocked was quite decent, the business was doing well for the first few days.
She was able to make a net profit of over two hundred dollars a day.
In the past, she definitely would have looked down on this amount of money, but now, thinking that she could keep earning this way, she could make several thousand a month, tens of thousands a year...
She was quite content.
But what she did not expect was that, in just a few days, several similar shops opened nearby. Not only was the quality and style of their clothes comparable to hers, but their prices were also twenty percent cheaper than hers.
That twenty percent was precisely her margin; there was no way she could lower her prices to match, and her business plummeted overnight.
She guessed that she must have been overcharged for her stock and went to square things up with her supplier, only to be stoutly denied any such thing, and even allowed to verify the prices herself.