Chapter 703: 703
Competition in the potion market was fierce . Everyone was undercutting their competitors in order to seize more market share, so profit margins were low . Even the Starry Night Potion Shop had no choice but to keep their prices low to attract customers . Major guilds were the largest consumer group . They often bought in bulk to save on expenditures . Even if they made insultingly low offers, the ordinary potion shops would still gladly oblige, for fear of losing out on a big order; it didn’t matter how meager the profits were . Some shops wouldn’t even mind losing money on one order if it meant securing a long time customer . From this, one could imagine how intense the competition was .
The small potions shops couldn’t compare to the Starry Night Potion Shop . They sold inferior goods and only survived by offering the lowest prices . This left their Alchemists in sore straits, often working 10+ hours a day for a meagre pay .
Most large guilds also had their own inhouse Alchemists . However, the production output was far from enough to meet the guild's demand . In this sense, the Starry Night Potion Shop was unique . No other guild had developed their alchemy department to such a scale . For the Alchemists of guilds like Angel Corps, God Executioner Sword, and Penumbra Empire to even meet 30% of the guild’s demand was already above the norm, let alone sell off their surplus for a profit . They still supplemented their needs by purchasing potions from outside .
Asskickers United had a total of 160,000 Alchemists, all of whom were elites that commanded high salaries . There were several million Alchemists across the Viridian and Satreen Empires . About 100,000 of them were skilled enough to join the Starry Night Potion Shop . Nie Yan’s target was these Intermediate and Advanced Alchemists . As for the low rank Alchemists, even though he would still accept a few promising talents, assimilating all several million would be a fool’s errand .
Nie Yan’s main focus were the Intermediate and Advanced potion market . There were simply too many low level potions . You could find them selling everywhere in stalls on the streets . Cornering this section of the market wouldn’t result in much profit anyway . Intermediate and Advanced potions sold for five gold at the cheapest and up to several hundred gold at the highest . Meanwhile, low level potions normally sold for one or two silver, with the lowest going as low as 50 copper . The added value was hardly worth it . It wasn’t realistic to focus on this . As long as he could pull the Intermediate and Advanced Alchemists to his side, he could control this market . As for those low ranking Alchemists, when they reached Intermediate or Advanced rank, with the Starry Night Potion Shop advertising high salaries, he refused to believe they wouldn’t be moved .
With all things considered, this market had boundless prospects .
At Nie Yan and Guo Huai’s command, Asskickers United started buying up all the Intermediate and Advanced-rank medicinal plants in the market . Low level medicinal plants generally weren’t put up for sale because you wouldn’t even make back the listing fee .
Nie Yan ran some calculations . If he wanted to buy up 50% of all the Intermediate and Advanced medicinal plants in the market on the same day, he would have to spend about 6,000,000 gold . Players consumed a lot of potions daily . As he depleted the market of medicinal plants, the previous reserves of potions would slowly run out . In another five or six days, it would start affecting the prices of medicinal plants .
The more gold Nie Yan poured in, the greater the effect on the prices of medicinal plants .
Ever since Nie Yan started raising funds, apart from Asskickers United, Holy Empire, Sapphire Shrine, the War God Tribe, Radiant Sacred Flame, and Battle Crazed Alliance chipped in as well . Nie Yan added everything up . Holy Empire had raised 2,200,000 gold; Sapphire Shrine 2,000,000 gold; the War God Tribe 2,800,000 gold; Radiant Sacred Flame 2,000,000 gold; Battle Crazed Alliance 1,900,000 gold; and Asskickers United and its five branch guilds 6,500,000 gold . Like this, they had over 20,000,000 gold, a number that was still rapidly rising .
Nie Yan updated the guild treasury . For a limited time, every gold contributed would net you 50% additional merit points . In an instant, the number of players contributing gold skyrocketed . Within the short span of a day, an extra 1,200,000 gold had been raised . Of course, this came at the cost of roughly 10% of the equipment in the entire treasury .
Such large movements from Asskickers United naturally attracted the attention of the Monet Financial Group .
. . .
God Executioner Sword guild headquarters .
Qin Han was anxiously awaiting word from Necromancer Vorderman . His skeleton army was currently on standby, only occasionally harassing the strongholds of Asskickers United . He didn’t dare to go forward before Vorderman returned .
“Boss! Asskickers United has been amassing capital non-stop . So far, they’ve raised at least 20,000,000 gold,” Matchless Divine Sword said, his voice brimming with shock . A guild’s ability to raise gold was directly related to the solidarity of its members . Most guilds burned through their funds very quickly . Every day they had to pay out an enormous sum to their players just to keep everything running smoothly . However, to get gold out of these players was as difficult as ascending the heavens . With God Executioner Sword’s might, it would already be impressive if they could borrow 1,000,000 gold from their players . Yet Asskickers United had somehow raised 20,000,000! He couldn’t wrap his head around it .
Qin Han knitted his brows . “What’s Asskickers United up to? Why are they amassing all this gold?”
“We still haven’t figured that out yet . None of our moles know where this gold is going,” Matchless Divine Sword said .
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