Chapter 502: Please Help, Lord AdvisorChapter 713: A Profitable Business

The currency of the Qin Empire was still relatively stable.

Basically, one thousand copper coins, or a string of coins, can be exchanged for one tael of silver.

The production cost of a bar of soap is one tael of silver, and it can be sold for five times the profit. Each bar of soap brings a net profit of four taels of silver. Not only is Li Chen very satisfied, but even the Liu family's clan members are incredibly surprised.

They've been in business their whole lives, but nothing has ever yielded such a high profit.

The key is that the market for soap is currently in high demand and supply can't keep up, so there are no worries about selling it.

As soon as it's produced, it's immediately sold out.

What's the difference between this and finding a mountain of gold

Li Chen put down his teacup and said, "Very good, keep it up. However, in terms of output, don't increase it anymore. Wait until the master craftsmen from the Liu family become proficient, and then start developing new processes for more ordinary and cheaper soap."

Liu Sichun's eyes lit up, and she said, "Your Highness means that scarcity makes things valuable"

Li Chen said with a smile: “Even the best things become common once they are overabundant. Five taels of silver is not cheap, and it’s not easy to consume this thing. It needs to be used sparingly, and it’s normal for a piece to last for a month or two. How many families in the capital can afford it The market is this big. Once you supply enough, its price will come down.”

"Those wealthy women, on any given day, wouldn't be comparing their silks—the fabric wouldn't matter as much. They'd be comparing their soaps—who has the more delicate soap, the better scent. When that happens, then the business is truly secure."

His finger tapped lightly on the table, and Li Chen said, "The truly popular ones are those low-priced soaps. Ordinary people can afford them, making soap an indispensable item in every household. That way, like firewood, rice, oil, and salt, it becomes something everyone needs, which is the foundation for Liu's family to stand firm."

After a series of business tips, the Liu family was all convinced.

Liu Sichun exclaimed, "A humble woman has learned much."

"The women's association will develop soap with other fragrances, more refined and upscale, so as to capture the market of wealthy people. As for ordinary people, they focus on efficacy and affordability, small profit margins and high sales volume. A two-pronged approach is sure to be a success."

Li Chen chuckled lightly, "This palace enjoys speaking with intelligent people. They are straightforward."

Xi Xin, full of excitement and gratitude, was about to express her thanks, when Liu Sida, with a solemn expression, walked in from the back garden.

Liu Sidar quietly came to Liu Sicun's side and whispered a few words. Liu Sicun's expression changed immediately.

Li Chen raised an eyebrow and said, "What's up"

Liu Sichun immediately told everyone about the incident where Lan Yue Xuan's number was called, and Zhao Taile came to make trouble.

Li Chen frowned and said impatiently, "It's really annoying. Go take care of it."

Liu Sidar hesitated to speak.

Li Chen glared at him and said, "What are you afraid of I'll be there to watch. He's just a spoiled brat, what can he possibly do"

Liu Sida and Liu Sichun are overjoyed.

"We should go now."

Li Sichun turned her head and said something to Li Sidar, then asked Li Chen: "Does your Highness want to go together"

Li Chen said nonchalantly, “This palace will go with you. He dared to be defiant after seeing this palace This palace will follow behind you and see what he’s really up to.”portant and should not be taken lightly. It’s best to follow the proper procedures, otherwise people might say that an old minister like myself is taking advantage of his position, which wouldn't be g...