Hearing this, Luo Qingfeng pondered for a moment and said, "Master, Qi-gathering Pills rarely appear in trade fairs and auctions. The Old Slave can only roughly estimate the price. It may not be accurate."
Xia Ruofei nodded with a smile and said, "It doesn't matter. Tell me your judgment. Just treat it as chatting."
"Yes! Master! " Luo Qingfeng said, "Many years ago, there was a trade of Qi-gathering Pills. The Old Slave remembered that the price of each pill was about 60 Spirit Stones. Nowadays, Qi-gathering Pills are even rarer. It is also a very popular auxiliary medicine. Moreover, people bid together in the auction, so it is easy to raise the price. So, the Old Slave estimated that … each pill should be at least 100 Spirit Stones!"
Xia Ruofei was surprised and said, "That's not a low price!"
If each Qi-gathering Pill could be sold for 100 Spirit Stones, then the batch of Qi-gathering Pills he refined today could be exchanged for at least 10,000 Spirit Stones, which was not a small number.
Xia Ruofei then asked curiously, "Qingfeng, the Spirit Qi in the Spirit Stones should be about the same, right?"
Luo Qingfeng did not know why Xia Ruofei suddenly asked such a common question, but he still answered seriously, "Yes, master! The Spirit Qi in the standard cut Spirit Stones is about the same. That's why Spirit Stones can become the universal currency in the cultivation world. "
Xia Ruofei had seen Spirit Stones before. Last time when he asked about the auction, Luo Qingfeng had taken them out and showed them to him.
Xia Ruofei silently calculated the Spirit Qi in the Spirit Stones, and then said, "Qingfeng, I estimated that the compressed Spirit Qi in the Qi-gathering Pill is about the same as the Spirit Qi in 30 or 40 Spirit Stones. If it can be sold for 100 Spirit Stones, the profit margin will be huge!"
Although the Qi Gathering Pill was only a small pill, and its volume was much smaller than a Spirit Stone, the Spirit Qi inside the pill was locked inside the pill through the combination of the array and the medicine. The compression ratio of the Spirit Qi was relatively high, and the Spirit Stone was mined from a naturally formed Spirit Stone vein. It was cut according to standard standards, so the concentration of Spirit Qi was actually very low.
Xia Ruofei hadn't thought about this before, mainly because he didn't lack cultivation resources for the time being. In addition, he felt that the amount of Spiritual Qi in Spirit Stones was pitifully low. He had never thought of using Spirit Stones for cultivation, so naturally, he wouldn't think of going through the trouble of refining Qi Gathering Pills in exchange for Spirit Stones.
But now, he had a different idea. Spirit stones were the universal currency of the cultivation world. Earning spirit stones didn't have to be used for cultivation. It could be used as money in the cultivation world. He could use spirit stones to buy things that he or the people around him could use for cultivation.
The most important thing was that the Spirit Qi in the Qi Gathering Pill had the highest cost, but for Xia Ruofei, it was completely zero cost.
When refining in the Ring-Tu space, the consumed Spirit Qi would be quickly absorbed from the chaotic space outside the space membrane wall. It could be said that the Spirit Qi was inexhaustible!
Xia Ruofei felt that the profit margin of the Qi Gathering Pill was very high, but he didn't expect that Luo Qingfeng would be even more surprised after hearing his words.
Luo Qingfeng sucked in a breath of cold air and cried out involuntarily, "Master! You said … the Spirit Qi contained in the Qi Gathering Pill is equivalent to the total amount of Spirit Qi contained in 30 or 40 Spirit Stones? "
Xia Ruofei nodded and said, "Yes! I know about these Energy Gathering Pills. Generally speaking, they can reach up to 40 Spirit Stones worth of spiritual energy. Some are slightly worse, at least 37 or 38 Spirit Stones worth of spiritual energy. A few of them can even reach up to 50 Spirit Stones worth of spiritual energy. What's wrong? Is it because I refined it incorrectly and the Spirit Qi content is too low? "
Xia Ruofei had refined the Qi Gathering Pill strictly according to the ancient records in the jade talisman of inheritance. He had never seen the Qi Gathering Pill produced in Huaxia's cultivation world before, so Luo Qingfeng's surprise made Xia Ruofei a little uncertain.
After all, Luo Qingfeng had just said that a single Energy Gathering Pill could be sold for 60 Spirit Stones many years ago. Moreover, he also estimated that the price of the Energy Gathering Pill in this auction would be at least 100 Spirit Stones per unit. Could it be that the Energy Gathering Pill they had traded before had a much higher amount of Spirit Qi than the batch he had refined?
If that was the case, it could explain why the Qi Gathering Pill could be sold at such a high price.
Luo Qingfeng quickly said, "Master! It's not too little, it's too high! "
"This is high?" Xia Ruofei also found it hard to believe. "This is already double the profit! Could it be that the Qi Gathering Pill you've seen before had a lower Spirit Qi content than this? "
Luo Qingfeng didn't know whether to laugh or cry and said, "Master, that's not how it's calculated … I can tell you with certainty that the Qi Gathering Pill traded in Huaxia's cultivation world in the past had a Spirit Qi content of about 20 to 30 Spirit Stones. The Qi Gathering Pill with a Spirit Qi content of 30 Spirit Stones was already a very high quality Qi Gathering Pill!"
Luo Qingfeng saw Xia Ruofei's puzzled expression and quickly explained, "The value of the Qi Gathering Pill and Spirit Stones can't be measured only by the Spirit Qi content. The Spirit Qi in Spirit Stones is relatively heterogeneous, but the Spirit Qi in the Qi Gathering Pill has been purified and compressed, so it's quite pure. The absorption efficiency is completely different! Moreover, the Qi Gathering Pill is especially suitable for low-level cultivators. If it's freely available, the consumption will certainly be very large. However, there aren't many people who know how to refine the Qi Gathering Pill, and the environment suitable for refining the Qi Gathering Pill is becoming more and more difficult to find. In the words of the secular world, the 'technical threshold' is very high. These are the factors that cause the price of the Qi Gathering Pill to become higher and higher! "
Xia Ruofei slowly nodded. With Luo Qingfeng's explanation, he basically understood. As an "entrepreneur" who lived in a modern society and owned a company with huge commercial potential, it wasn't difficult to understand this kind of supply and demand relationship and the brand premium caused by the monopoly of technology.
The products of the Taoyuan Company were much more expensive than similar products, but people still rushed to buy them. In particular, the effect of the Jade Muscle Ointment was far better than the competing products. There were no competitors at all, so it was even more profitable.
The price of the Qi Gathering Pill basically followed this rule.
A Qi Gathering Pill that contained 20 to 30 pieces of spiritual energy was easily sold for 60 spirit stones, which meant that the selling price was almost three times the cost. The extra part was naturally the value of the technique — after all, it was impossible to sell it for 20 to 30 spirit stones even though the cost was 20 to 30 spirit stones! If there was no profit, who would be willing to do a thankless job?
For a moment, Xia Ruofei even wanted to refine another batch of Qi Gathering Pills — it was really too easy to make money.
However, he still restrained his thoughts. No matter how popular this thing was, the rule of rare things being expensive was forever unchanged. 100 Qi Gathering Pills was just the right amount. It wasn't too much, but it wasn't too little either. If he took out thousands of Qi Gathering Pills at once, wanting to sell them for a high premium would undoubtedly be a fool's dream.
Therefore, even if he wanted to sell Qi Gathering Pills in the future, he couldn't take out too many at once this time.
However, in this way, he should probably take out something to auction.
Ten thousand Spirit Stones sounded like a lot, but storage rings were also very rare items in the current cultivation world. Although the sect leaders, elders, protectors, and other high-level people basically all had storage rings, if a storage ring appeared in an auction, there would definitely be a lot of people who would want to buy it. Even if they didn't need it, it was also very good to give it to a younger generation disciple as a reward.
Therefore, Xia Ruofei already expected that the competition for the storage ring would be very fierce.
He didn't know what the price would be, but he estimated that ten thousand Spirit Stones wouldn't be enough.
After all, for the sect's high-level people, their assets wouldn't be too small. It was estimated that many people could take out ten thousand Spirit Stones.
Just as Xia Ruofei was thinking about what to take out to participate in the auction, Luo Qingfeng on the side said very excitedly, "Master, the quality of your Qi Gathering Pills is so high. We can't sell them as ordinary Qi Gathering Pills, otherwise it would really be a loss!"
"Oh?" Xia Ruofei smiled and asked, "Then how do you want to sell them?"
Luo Qingfeng was stunned for a moment and said, "Master, when we provide the Qi Gathering Pills to the Fallen Leaves Sect, we have to explain the quality of this batch of Qi Gathering Pills and let them specifically emphasize it during the auction. Everyone is a knowledgeable person. Knowing this situation, they will naturally raise the price in their hearts. "
Xia Ruofei pondered for a moment and said with a smile, "You're right. Qingfeng, I'll leave the matter of submitting the auction items to you! "
"Yes! Master! " Luo Qingfeng said excitedly, "This Old Slave will definitely handle this matter properly. Master, please rest assured!"
This wasn't the first time that Luo Qingfeng had participated in an auction. Moreover, this year's auction was hosted by the Fallen Leaves Sect. Because their strength was about the same as the Star Seizing Sect, Luo Qingfeng and the Fallen Leaves Sect had a lot of exchanges and could be considered familiar with the Fallen Leaves Sect's high-level people.
Xia Ruofei thought for a moment and said, "Qingfeng, there are two things that you need to remember."
"Master, please instruct me!" Luo Qingfeng quickly said.
"First, tell the Fallen Leaves Sect that during the auction, we will bid by the bottles." Xia Ruofei said, "Each bottle has twenty Qi Gathering Pills, and they will be divided into five batches for the auction!"
Li Yifu on the side slightly thought and said with a smile, "Martial Granduncle's move is wonderful! This will definitely be more profitable than auctioning them all at once! "
After all, Luo Qingfeng wasn't like Li Yifu, who floated in the sea of business all year round. He spent most of his time cultivating in the sect, and his thinking in marketing could be said to be almost zero, so he didn't understand the difference between the two.
In his opinion, wasn't it more convenient to auction a hundred Qi Gathering Pills together?
Facing Luo Qingfeng's question, Li Yifu smiled and said, "Sect Master Luo, the difference between selling them separately and selling them together is quite big. First of all, if you sell them separately, the price of each batch will definitely be much cheaper than selling them together. This way, some forces with insufficient financial resources can also participate. They may not be able to buy a hundred Qi Gathering Pills in one go, but they can still compete for twenty Qi Gathering Pills. In this way, there will be more people participating in the competition, and the price will naturally rise. Secondly, there is the psychological factor of marketing. When people who have a strong desire to buy see bottles of Qi Gathering Pills being sold, and there are fewer and fewer Qi Gathering Pills left, their mood will become more and more urgent, and they will be less and less hesitant to increase the price. After all, there will only be a small number of Qi Gathering Pills, so the huge demand will be suppressed. The later it is, the fiercer the competition will be, and the higher the price will be. In this way, the final total price will definitely be much higher than auctioning them together. "
After hearing this, Luo Qingfeng couldn't help but be stunned. He said with a wry smile, "It turns out that there are so many ways to do this! Fortunately, Master reminded us. Otherwise, we would have suffered a loss … "
Li Yifu asked with a smile, "Martial Granduncle, I don't know how I explained it. I guess Martial Granduncle has more profound meaning, but I can't understand it for the time being … "
Xia Ruofei waved his hand and said, "No, no, no. You're very comprehensive, more comprehensive than I thought. To be honest, in terms of business, Yifu, you can beat me by a few streets! "
Li Yifu quickly said, "Martial Granduncle, you're exaggerating! I'm ashamed to say that in the past few years, my cultivation has been stagnant because of these mundane affairs that occupied too much of my time … "
Xia Ruofei laughed and said, "It's not too late to start working harder now! I don't dare to say what will happen in the future, because I haven't reached that level myself. But as long as you can successfully break through the bottleneck of the Qi Gathering stage and reach Foundation Establishment, then I promise to provide you with the resources to break through to Jindan! "
"Thank you, Martial Granduncle, for your guidance!" Li Yifu quickly stood up and said gratefully.
Xia Ruofei waved his hand and turned to Luo Qingfeng and said, "Continue the previous topic. There's also a second point. Tell the person in charge of the auction in the Fallen Leaves Sect that when the first bottle of Qi Gathering Pills is auctioned, we'll allow everyone to nominate a highly respected senior to test the pills. He can directly take a Qi Gathering Pill to test the pills. When the time comes, we'll naturally reduce the final price by 20%."
"Yes!" Luo Qingfeng secretly engraved Xia Ruofei's words in his heart.
Xia Ruofei continued, "Third, when we emphasize the quality of our Qi-amassing Pills at the auction, we can directly promise that in every bottle, at least eighty percent of the Qi-amassing Pills will reach forty spiritual stones of spiritual energy, and at least one of the Qi-amassing Pills will reach fifty spiritual stones of spiritual energy! If we can't do this, we're willing to compensate you ten times the final price! "
After Xia Ruofei had refined the Qi Gathering Pills in the space, he had distributed them evenly according to the quality of the pills and put them into five porcelain bottles. So, he was very clear about the situation of these Qi Gathering Pills. In these five bottles, two of them had two pills with a specific quality that exceeded 50 Spirit Stones of Spiritual Qi. The other three bottles also had one such high quality Qi Gathering Pill. And the quality of the pills that reached 80% of 40 Spirit Stones of Spiritual Qi was also easily achievable.
So, Xia Ruofei said these words with confidence.
Luo Qingfeng didn't have the slightest doubt about Xia Ruofei. He said without hesitation, "Yes! Master, this Old Slave will remember! Does Master have any other orders? "
Xia Ruofei waved his hand and said, "The matter of the Qi Gathering Pills is more or less settled. In a while, you can directly take these five bottles of Qi Gathering Pills and leave the rest to you. In addition, there's something I can't decide on. Help me think about it! "
"Master, please speak!" Luo Qingfeng quickly said.
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