Chapter 2487: Results of the First Day of Opening a Store
“Hiss, we’ve hit the jackpot, we’re truly rich. I never expected to earn this much,” Fuldamantha said, counting the day’s earnings on the third floor after the shop finally closed late into the night.
The entire warehouse on the third floor was used to store money. Gold and silver coins were piled high, forming mountains of wealth. There were no copper coins here, only gold and silver coins, with a separate corner dedicated to Oghma Gold Coins.
Not only did the Church of the Goddess of Wealth use Oghma Gold Coins, but as the most stable and liquid gold coins, many merchants in Genoa preferred to use them. They were generally valued higher than regular gold coins during settlements.
This time, a considerable number of people settled their accounts with Oghma Gold Coins, and the pile in the corner had already exceeded thirty thousand.
The sacred weapons provided by the boss and the potions supplied by his younger sister had both sold in very large quantities, bringing in a lot of money. Although only a few diamonds were sold, their value was extremely high, with each one generating tens to hundreds of gold coins in profit.
Conversely, Fuldamantha’s acquisition of some magic items to enrich the product variety had mostly resulted in losses due to the opening discounts and coupons.
Fuldamantha felt a little guilty, believing that his business acumen might not be as good as the boss’s, and that he was holding back the shop’s turnover.
In response, Jayad said, “No problem. Discounts are just to attract customers initially. For sustained operation later, a rich variety of goods is still needed. And isn’t an opening promotion precisely about offering benefits to attract customers? Since I agreed to your suggestion, I acknowledge your continuing with this.”
I also smiled and said, “This is still just the beginning. Once they discover how good the equipment is, or after they drink my potions, they will definitely come back. By then, you’ll need to acquire some items that the shop lacks to sell to them. Don’t worry too much about the price; focus on quality and reputation. The shop’s reputation is most important.”
I am very confident in my potions. When I gave them to Old Golden Tooth to sell in Cando City back then, he said my potions would be snatched up as soon as they were stocked, and people would buy them no matter how expensive they were.
Moreover, when compared to other potions, mine would appear vastly superior. Some people who had bought my potions and returned later to purchase more were given potions brewed by others. The effect was poor, leading them to curse loudly and even accuse Old Golden Tooth of fraud.
Now, I’ve set up my own alchemy room at the manor. Like a true Witch, I use a large vat for brewing, with firewood burning underneath. I have to stand on a chair and tiptoe to stir; it’s impossible because Parul’s height is so short.
This method allows me to brew dozens of liters at a time, enough to fill hundreds of small potion bottles. This is just the concentrated raw liquid; it needs to be diluted with water before selling. Producing thousands of bottles of potions per batch is not a problem.
These potions are priced affordably, starting at a dozen silver coins, offering excellent value. The more expensive ones can even sell for a hundred gold coins a bottle, a “ticket to the heavens.”
For example, there are potions that can grant Divine Favor to Clerics, help Mages explore the outer realms during Meditation with the Mind Guard to protect their spirits, allow people to maintain sanity even when hearing whispers and understand the knowledge contained within those whispers, and the Vajra Divine Liquid which can directly harden Warriors’ skin through repeated application, even making them Invulnerable and Magic Immune.
It can be said that the money I earn from brewing one batch of potions surpasses that of the so-called shop’s treasure, I just can’t sell it all at once.
The potion business relies on long-term trade. Initially, people are unsure about the potion’s effects, especially when priced high, so they will hesitate.
Once they try it and find that my potions are indeed more effective than those on the market, they will buy more. Upon discovering that each one is effective, they will recommend them to others, particularly Adventurers who have a high demand for potions.
Therefore, the real money-making is yet to come; this is only the very beginning.
Furthermore, my potion brewing skills have improved, allowing me to create more advanced potions. So, I’ve instructed Fuldamantha to have his subordinates go all over the city to acquire more prescriptions, regardless of the price.
Genoa truly lives up to its reputation as a commercial capital; with money, anything can be bought. The prescriptions for several advanced potions mentioned above were all collected recently.
“Yes, Miss Parul is absolutely right. I will pay attention,” Fuldamantha said, deeply moved. The boss trusted him completely, giving him significant freedom in management, even entrusting him with procurement and finances.
Moreover, the boss’s sister and I share very similar approaches, valuing reputation more than short-term gains. I was also a merchant who placed great importance on my reputation in the past.
“However, earning money too quickly is also a bit of a troublesome thing. The money here will soon fill the warehouse. We’ll have to deposit it in the bank tomorrow, otherwise, it’s best to transport it back to the manor for storage,” Fuldamantha added.
At the current rate of earnings, it’s even more astonishing than when Fuldamantha was most profitable in his career. At this pace, the warehouse will be full in just two or three days, forcing them to find a new money vault.
“No problem. Divide this money into three parts. Keep enough cash for procurement and salaries. I’ll keep one part, and you can use the remaining part to deposit in the bank. Remember to have Weis bring a few guards to accompany you,” Jayad said.
I added, “If we have more money in the future, we’ll need to store it in several different banks. Try to choose reputable large banks, but still pay attention to the risks.”
The banking industry in this era is very different from the modern banking industry of my previous life. Banks in this era are more like security guards providing storage vaults. Not only money but also other precious items can be deposited in banks.
Furthermore, they charge storage fees. That’s right, not only do they charge interest on loans, but they also charge interest on deposits, meaning they profit either way.
And banks are all privately owned, posing significant risks. Whether due to mismanagement or a sudden robbery, a bank could collapse, or even abscond with the funds. Depositors could instantly lose everything.
Others might deposit money in banks because they have no choice, their homes can’t hold that much money, and they are more likely to be robbed, or it’s convenient for withdrawing money elsewhere. We deposit money in banks merely to divert the attention of those with ulterior motives.
Someone will undoubtedly be observing our financial flow in secret. Having Fuldamantha deposit a portion of the money in the bank will reduce the risk of them raiding the shop, and it will also let the wealthy merchants know that we are also wealthy.
Among the upper-class merchants, paying directly with a check or possessing a bank’s black card signifies status and strength—what’s referred to as a banking deposit competition.
Since Older Brother Jayad wants to pretend to be a wealthy merchant, it’s best to maintain behaviors and habits consistent with those of a wealthy merchant. Therefore, even though Older Brother Jayad can store this money himself, he still needs to deposit it in the bank.
