Translator: 549690339
The Dragon Rising Federation places great importance on job functions.
Once a power group has registered a certain job function officially, it needs to seek approvals anew from the federation if it wishes to operate in another job function.
The Lionheart Brigade, for example, was just an adventure group previously. An adventure group does not qualify as a job function.
Therefore, they could smoothly apply to operate as a rcenary organization, a recognized job function.
If Fang Mu, after operating the Jianmu Comrce Association and involving himself in its job function, wanted to establish a Contemplation Hall, he would need to go through a lot of procedures.
A minimum endorsent from two official organizations would be required to complete the approval.
The purpose of these regulations is to ensure that power groups devote their full efforts to the job function they are engaged in, rather than setting up another one as soon as they find a better job function.
Any shift in a power group’s job function or business operation could affect the livelihoods of hundreds of thousands, even millions, of people in a region.
The concept of accumulation effect applies to both the food chain and job functions.
At first glance, there seems to be little correlation between a craftsman-centered power group and the livelihoods of ordinary people.
However, in reality, every power group specialized in the craftsman job function controls many Spirit Material Cultivation Bases and mines.
Under a large Spirit Material Cultivation Base, there will be many Beast Taming Bases, and it will be teeming with nurous adventure groups.
Ordinary people participate in mining for tals and rare minerals, not just Beast Masters.
If power groups could freely change their job functions, the constant changes in the lives of ordinary people would have an enormous impact on their lives.
That’s why the Dragon Rising Federation has strict restrictions on job functions.
This explains why in recent 20 years, despite the progressively saturated market for luxury goods, no power group has stepped out.
Luxury items are so called because their individual units are high-priced and not ant for ordinary people.
Even for Beast Masters, buying these items could be considered a luxury.
This is the precise definition of “luxury” for products.
Power groups that focus on luxury goods have to make significant investnts in supplies to guarantee product quality.
Initially, costic brands were not included within the job function of luxury items.
However, the outrageous slogans of those high-end costics were undeniable. With the consistent mix of high-end materials escalating their value, these brands had no choice.
Though these high-end materials actually made no significant difference.
The Profession Supervision Departnt, one of the eight official organizations, specifically managing various job functions, made a decision.
All costic brands with individual products priced above 500 Dragon Rising Coins were incorporated into the job function of luxury items.
Different job functions have different tax rates.
Instead of opposing the decision made by the Profession Supervision Departnt, the high-end brands supported it strongly.
Because only by incorporating it into luxury items could they freely set their prices.
It was this decision from the Profession Supervision Departnt that led to the appearance of face creams on the market priced at over 80,000 Dragon Rising Coins.
Feng Chenhao kept asking Fang Mu about the pricing strategy.
Fang Mu didn’t answer Feng Chenhao imdiately but spent a night researching the business operation model of the Dragon Rising Federation through relevant books before providing an answer.
During his academic research, Fang Mu hated it when people who knew nothing gave unsolicited advice.
Now that Fang Mu is the one making decisions, he certainly will not beco the person he used to despise.
Fang Mu discovered that this world does not have the concept of scarcity marketing, and there is no concept of limited quantity of any item. Fang Mu believed that the situation was due to the production capacity of advanced craftsn on one hand.
Items that can be sold at high prices are rare and often unique.
Without mass production, there is no possibility of limited quantity.
On the other hand, the pricing of spirit materials also influences the price of a product.
If the cost of the spirit materials used in a product is less than 50,000 Dragon Rising Coins, no fool would buy it at a price multiplied by several or even dozens of tis.
Those who truly have the ability to consu luxury goods often co from large power groups, and they are all very savvy.
There are conflicts within the power groups, and wasteful spending could beco a ans for competitors to criticize soone.
Once others in the power group see them as spendthrifts, chances are it will be difficult for them to rise further.
So it’s crucial that luxury items have a reasonable higher price.
It’s for these reasons that the developnt of scarcity marketing is restricted in the Beastmaster world’s comrcial system.
But the costic brand Peach Beguile definitely has the qualifications and ability to do so.
Firstly, only Peach Beguile possesses Heaven Fragrance Peony and Still-Face Palm Oil, which in turn gives the brand bargaining power in the market.
Secondly, Peach Beguile can control the production of their goods, enabling them to maximize the concept of limited sets.
They can introduce monthly limited editions, seasonal limited editions, annual limited editions, holiday limited editions, powerful Beast Masters collaboration limited editions, and collaboration limited editions with good-looking Guardian Beasts.
While they have to pay for collaborations with powerful Beast Masters, collaborations with good -looking Guardian Beasts are free.
Each limited series has a specific identifier.
Only a few bottles in a batch can get a limited-edition card, which is like introducing the concept of blind boxes.
When there are many different types of limited-edition items, these limited cards will beco valuable collectibles.
Which world doesn’t have a group of OCDs who love collecting cards!?
When the limited cards circulate at high prices in the black market and among individuals, the brand value of Peach Beguile is bound to rise again..
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