Transmigrated to Ancient Times with System

Chapter 24 Bidding

Li Yao and He Xiaoyu prepared lunch of braised pork ribs, stir-fried cabbage, and rice. 

After lunch, the family headed to the mountains and dug up 20 catties of yams, planning to return tomorrow for the rest.

At night, Li Yao opened the system interface. Now the space has been upgraded to level 8.

She separated half an acre of land for medical herbs and flowers where orchids, Ludicum are planted. Remaining two and half mu were planted with cardamom.

Li Yao brought the five more chicken and three pigs and added into chicken stall and pig farm respectively.

In system warehouse, there are hundreds of eggs, 9 catties of pork belly, 8 catties of pork ribs and hundreds catties of spices like garlic, Ginger, star anise, fennel, cloves, cinnamon, bay leaves and cardamom.

It's been nearly a month since Li Yao came to this world, and she's fully adjusted, with her original body mostly healed. She figured it was time to start getting back in shape, starting with something easy like running.

.....

Next day morning, Li Yao ran from home towards the woods, all the way to the edge of the forest and back.

Although she was panting heavily by the end, she managed to grit her teeth and finish. However, she was still far from her peak condition back in the day. This was a decent start.

The booth locations at Baichuan Market and Lotus Market were decided.

With three more markets in the Baichuan county, Li Yao also planned to open stalls there while interest was still hot.

She already had plans on who to give the stalls to and how to allocate them.

Bidding.

She explained it to Village Head for a long time until he understood the concept of bidding.

"I just don't get it," said Village Head. "This is such a good opportunity. Why would you give it to outsiders? Isn't Wang Yuan Guo still working as a laborer in Yizhou?"

"I've already given a share to my family. That's considered preferential treatment," said Li Yao. "Also, if it's all kept within the family, it would be problematic if issues come up."

"You have a point there."

So under Village head's notice, the villagers quickly learned about this.

That afternoon, hundreds of people crowded outside Village head's yard. They all found this unbelievable.

"She's willing to give us such a good opportunity? This must be a scam."

"If Village head scams us, we'll hold him accountable!"

"I heard Wang Yuan Ding earned money after selling at Lotus Market in just one day."

...

Amidst the clamoring voices, Shen Shi was anxious as ants on a hot wok.

She had conceded when her sister-in-law gave the first stall to the second branch. But now, she was giving the remaining three stalls to outsiders. What kind of logic was this?

Elbowing out her own family!

She immediately went to her mother-in-law, only to get yet another dressing down.

"Your sister-in-law already gave us one. How can you still be so greedy?"

"If you really want to do it, do it according to your sister-in-law's rules!"

Shen Shi had arrived.

Like everyone else, she was completely puzzled.

She didn't understand a word about bidding and tendering.

"Everyone stop yelling," Village head said standing on a bench to speak once most people had arrived, "You all know what's going on, but let me explain the details clearly again."

Li Yao's plan was to wholesale from home from now on. Anyone who wanted to sell her stewed food could buy inventory from her. The highest bidder wins.

If the bids were the same, Li Yao would decide who to sell to.

The winning bidder had to purchase at least 50 bowls per day, and must use the sign "River Bay Village Li Family Stew".

They must sell at the uniform guided price set by Li Yao, and could not arbitrarily raise or lower prices.

They could not do anything to damage the reputation of the brand.

They could not cheat on the quantity or quality.

Once discovered violating the rules, the contract would be terminated immediately, and they would never cooperate again.

Village Head explained each point clearly, and everyone finally understood. But everyone looked at each other, not daring to step forward.

Finally, Shen Shi was the first to stand up and bid 13 wen.

She got this price from asking Zhou Shi, so she was certain it wouldn't be wrong.

Seeing Shen Shi be so proactive, the others were emboldened, and after whispering with their families, they began to bid one after another.

In the end, 9 families bid.

"The results are out," Village head said, "The highest prices are from Wang Yuan Cai, Wang Kaiyu and Fang Ming Chuan."

Li Yao was not surprised at all by this result.

Wang Kaiyu is the eldest son of village head and Wang Yuan Cai is the second son of Village head older brother.

With Village Head handling this, how could he let the benefits go entirely to other families?

And the Fang family was the second biggest family name in River Bay village. The patriarch Fang Shi An was also a respected elder who was worldly wise. Fang Ming Chuan was his second son.

The prices offered by the two families were 14 wen for stew.

That meant they would only earn 1 wen profit per serving sold.

"They bid so high. Aren't they afraid of losing money if they can't sell it all?"

Facing such doubts, three families just smiled without answering.

How could they possibly not sell out?

Just go to the market to see, Li Yao's stewed food was in high demand with insufficient supply.

As for only making 1 wen profit per serving, what did that matter?

Selling 100 servings per day, they could steadily earn 100 wen, without needing much capital. Where else could they find such a good business?

They even felt that this was Li Yao deliberately letting them have a high profit margin out of worry that they would become jealous of too much money.

With Village Head as witness, Li Yao signed contracts with the three families, and their cooperation officially began.

Starting tomorrow, the marketplaces of Orchid Town, Willow Town and Jade Town would have stalls selling River Bay Village Li Family Stew.

The three families were ambitious, and booked 100 servings each for the first day.

That was 500 servings total for the five stalls.