Bernard Arnault, facing an unprecedented surge in demand and strained production, devises a strategic collaboration plan to leverage limited capacity. By partnering with struggling brands, he aims to satisfy eager consumers before their enthusiasm wanes, simultaneously boosting their sales and maximizing his own profits. This move presents an attractive solution for other major brands seeking to offload excess inventory and generate revenue.
Hero of heart The amazing son in law complete, Bahasa Indonesia
Millionaire Son In Law Chapter 7335
Bernard Elno’s business acumen is so good that even Charlie would be ashamed of himself.
He had been thinking about one thing all his life,
namely how to make more money,
so he has a very strong financial mind.
Collaborations have always been a common tactic in the luxury and fashion industry.
A few years ago, LV collaborated with the trendy brand Supreme.
At the time, short-sleeved t-shirts were commonly sold for five figures because they combined the logos of both brands.
After a group of terminal speculators kept touting it,
the price even doubled from the original price.
Even in the digital world, collaborations are common.
For example, some computer and hardware brands collaborate with well-known games,
which can further increase their sales.
For consumers, co-branded products are also very cost-effective,
because they only need to buy one item and can get support from two brands,
which is of course more cost effective.
For Bernard Erno, in most cases, he is reluctant to get involved in joint ventures,
because most brands are not as famous as their brands.
If he collaborates with lower brands,
it’s the same as letting other people take advantage of it.
However, the situation is different now.
Our production capacity is very limited, and consumers are waiting with money to buy our products!
After years of operation,
Their supply chain has now met their previous requirements in terms of production costs, production efficiency, and production quality.
However, they never expected that sales would suddenly increase tens of times,
spent all previous months’ sales in one day.
If we ask them to increase production capacity now,
they will work hard and will only be able to increase production capacity by a maximum of 30%,
which is not enough to meet current demand.
And Bernard Arnault knows full well that public enthusiasm will ebb and flow like the tides.
If you can fully satisfy their purchasing needs before their enthusiasm dies down,
You can maximize their value.
However, if the supply chain fails now, then when public enthusiasm subsides,
You will miss this great opportunity to make money.
And collaboration can solve this problem.
Handing over production tasks to another company is equivalent to opening N production lines and supply chains at the same time,
and all problems can be solved!
Moreover, since his reputation was at its peak,