Chapter 1057: Chapter 1038: The Bigger Picture
At this mont, Old Li, who is responsible for marketing, raised his hand.
“Manager Li, do you have sothing to say?”
“I want to ask, what’s our budget? And what’s the scale of the event? Moreover, we can handle the plan and implentation, but for liaising with the Fishing Association, President Yue, you’ll need to coordinate personally!”
Yue Feng: “The budget is 30% of this year’s net profit, and the scale of the event will need to be determined after discussions!
Preliminary plans are to host events in areas and cities where the Black Pit atmosphere is prevalent, and as long as they et indoor Black Pit venue standards, we’ll aim to have an event!
Everyone will handle the specific tasks, and I’ll figure out the coordination and communication for applications! Any other questions?”
“Is it targeting only Black Pit wild fishing anglers? Or should we make it a CAA-approved event similar to category four competitions? Are competitive anglers allowed to participate too?”
Yue Feng nodded: “There’s no strict threshold, anyone can register and qualify based on their abilities!
Our own team will participate normally, without any privileges! The principle is to recreate the most genuine indoor Black Pit enclosure!”
“Okay! I have no more questions! After the eting, I’ll start collecting relevant materials and co up with a plan as soon as possible!”
“If there are no other questions, the eting is adjourned, everyone get to work!”
Watching all the executives leave, Yue Feng and Liu Fengnian stayed behind.
In fact, the decision Yue Feng just announced had only been discussed in general terms with Liu Fengnian, the specifics of budget and plans were decided by Yue Feng himself.
“Xiao Yue, I’m okay with organizing competitions during the off-season, but isn’t this budget percentage a bit high? Do you have any idea how much 30% of net profit is? It’s not a small number!”
Liu Fengnian’s tone remained calm, but he felt a slight ripple in his heart. The number was indeed huge.
“According to the report, up to now, we’ve achieved about fifty million in revenue this year. After deducting costs and taxes, there’s roughly thirty million left, right? 30%, that’s just under ten million! Is there a problem with this figure?” Yue Feng calculated roughly and asked.
Liu Fengnian nodded: “That’s just the revenue on paper, the company’s actual inco is not limited to that. Including profits from partners, and the dividends from blueprint and formula authorizations, as well as raw material supplies, this figure would increase by about seventy percent!
If we really follow your direction, the budget would be around fifteen million!
Have you thought about, if we budget according to such a scale, what scale would it be for each individual event?
It would surpass the actual fish conditions of current top Big Cannon Pits!
The number is definitely high, you can’t just spend money recklessly even if you have it!
It’s not only a matter of the event, but also about the face of the Chinese Fishing Association leadership, who struggle to organize even small competitions without sponsorship. What will they do if you spend so much money on a big move?”
“Well, then let’s cut it in half, use around five million! The overall champion will receive a direct bonus of 1 million, and for the 40 station events, each will have a 100 thousand bonus!
Apart from the prize money, we’ll put aside so money to subsidize fish conditions, release more fish, and good fish! We’ll try to arrange one wave for every well-known indoor fishing hall in all regions! And take this opportunity to cover advertising for indoor fishing venues!”
“Now that’s more reasonable!” Hearing Yue Feng compromise, Liu Fengnian felt relieved.
“With the remaining money, we’ll buy fish fry and add a fish fry release segnt to every station’s opening ceremony! We not only promote our brand but also treat protecting fishery resources as a mission! If brother units want to sponsor, they’re welco!”
Before Liu could feel relieved, Yue Feng proposed another bold idea.
“Alright! Since I’ve got enough money for my retirent, if you want to go big, then let’s go big! Compared to your thinking, my vision and scope are still narrow!”
“Haha, Brother Liu, you’re the one with the big vision!
We’ve accumulated ample capital for livelihood through this industry. Now that we have the ability, giving back a little is the way to ensure a steady flow!
With so many agents and distributors supporting us, the money won’t run out! My current thought is to beco like the Hua Clan or Old Ghost enterprise that people admire at the ntion of their na!”
“I’m betting it all with you, let’s go wild together!”
…
Yue Feng and Liu Fengnian decided on the company’s next developnt direction, and soon, detailed work quickly began to unfold, and various departnts started to operate in an orderly manner.
Ti moved steadily forward, and half a month later, a cold wave swept through many northern cities. Outdoor Black Pit fishing grounds and wild fishing activities, which had already passed their pri, ca to a complete halt due to the temperature drop.
After nearly twenty days of preparation and multiple communications, the indoor Black Pit fishing competition led by Yuefeng Fishing Tackle was officially established, and the relevant rules and prize rewards for the event were announced.
The news triggered a frenzy in the dostic fishing circle.
Winter was originally the calst season; aside from a few regions with winter fishing, most anglers were in a state of rest and recuperation.
Those who could afford it would indulge in so winter fishing fun, while those who couldn’t would wait for the next year’s battle.
But with the announcent of the indoor winter fishing enclosure competition, the atmosphere in the fishing circle changed drastically.
Firstly, this form of competition was relatively novel compared to outdoor events. The projects changed from the small carp tail count and mixed weight to more relatable large carp weights, lowering the barriers and increasing enjoynt. Those who got lucky and perford well also had the chance to win a station prize of 100 thousand.
With the competition announced, Yuefeng Fishing Tackle’s national agents imdiately started enjoying the first wave of benefits.
Through staff visits and assessnts, 42 winter fishing halls with superior hardware across the country were selected, with local event registration handled by Yuefeng Fishing Tackle’s agents nationwide.
The event registration fees weren’t collected or charged; instead, they were redistributed to enrolled anglers as genuine experience packs and participation souvenirs, with the 400 fee covering at least item and products worth five to six hundred, greatly enhancing the brand’s recognition.
Under such cost-free arrangents, the registration process, originally planned for ten days, filled up entirely in just four and a half days. All event slots were completely full, and the lists were consolidated and reported to Yuefeng Fishing Tackle Company and the Chinese Fishing Association.
Such a large-scale organization of events also attracted attention from industry peers. Imdiately, the Hua Clan publicly announced the addition of extra competition prizes, all sponsored for free by Hua’s Company!
The fish fry release activity Yue Feng thought of spontaneously also received widespread support from many fishing tackle enterprises.
Many fishing tackle company CEOs had a simple idea: although they wouldn’t make a splash organizing a competition, for the charitable release of fish fry, they insisted on being included!
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