The selling price of the product depends on the comprehensive cost, nature of the business, and whether it is urgently needed.

For example, the design cost and knowledge cost of fast-equipped wand devices occupy an irreplaceable position, and this part of the cost can be converted from intangible to tangible, which is tangible in the final selling price of the product.

The operating nature of the rapid equipment wand device is definitely monopoly. There is no monopoly bill in the wizarding world, or the wizarding world is vaguely allowing monopoly.

Isn't Ollivander's Wand Shop an example?

As for whether the quick equipment wand device is a basic need, this answer is no. It is not a basic need, but a magic wand is a basic need. The quick equipment wand device is just an auxiliary equipment.

Based on the above conditions, Li Xiang answered Draco's question, "It should not be possible to sell magic sets in Bojin Boke Magic Store."

Draco looked regretful. When he was about to ask why, Li Xiang continued to say, "Our Golden Griffon family will open a magic prop store at No. 93 Diagon Alley. The sales work of magic sets will be placed in it."

If the original historical trajectory was followed, 93 Diagon Alley would be rented by George Weasley and Fred Weasley, but now it has fallen into the hands of the Golden Griffon family.

"Where is the price?" Draco breathed a sigh of relief. As long as he quickly equipped the wand device to sell it, Draco believed that his father would definitely buy him one. Of course, the price should not be too excessive.

Li Xiang smiled and said, "The material cost and labor cost are calculated in a comprehensive manner as 200 Jinjialong, plus a success rate of only about 50%. In order to avoid losses caused by continuous production failure, at least 200 Jinjialong must be added for cost accounting. However, once the magic set is officially launched, the manufacturing materials related to the magic set will definitely usher in a price increase. In order to balance the price increase of raw materials, an additional 100 Jinjialong cost budget will be added."

"That's 500 Jinjialong?" Draco obviously has no business talent.

Li Xiang certainly denied Draco, "500 gold gambling is just a cost! Once magic sets are made in batches, in order to avoid risks and prevent losses at the raw materials level, the cost calculation must reach 500 gold gambling. Then, our Golden Griffon family needs enough profits, and I personally think that 100% profit is relatively reasonable."

Draco's face changed slightly, "1000 Jin Jialong?"

Li Xiang once again denied Draco's speculation, "Draco, do you think the magic set is useful? Don't answer quickly. Try put it on and experience it yourself, let Crab and Gole be your opponent?"

Draco did not refuse. Under Li Xiang's guidance, he wore a quick equipment wand device and then ordered Gole to be his opponent.

Li Xiang stood aside and directed Goal, "Goal, use all petrochemicals on Draco."

Gal's father is a Death Eater. He also learned magic before going to school, so he would naturally petrify all spells. "Okay, Lord Alvin." After Gal responded to Li Xiang, he pulled out his wand and cast all petrified on Draco.

However, Draco thought, and the wand suddenly appeared in his hand and shouted softly: "Armor protects you!"

All petrified and blocked by armor!

"Draco, put away the wand and do it again!" Li Xiang ordered.

Draco and Gore tried five or six times before Li Xiang stopped the experiment.

"After the experiment just now, Draco, do you think the magic set is easy to use now?" Li Xiang asked again.

Draco nodded without hesitation. After practical experience, Draco fully realized the practicality of the quick-equipped wand device. Especially when facing emergencies and when using a magic wand, only one thought is needed, the wand will be ejected by the quick-equipped wand device.

"It's very useful! If Ao Luo and others equipped the magic set, the number of deaths in Ao Luo would drop at least nine levels every year!" Draco praised, "If the magic set is officially sold to the public, I believe it will definitely be sought after by Ao Luo and others."

Li Xiang laughed, "So, shouldn't the magic package get higher profits during the period when it was just launched? After all, there is still a lot of R&D investment and design consumption when developing magic packages."

Draco was stunned, not knowing how to respond. After a long time, Li Xiang was trying to increase the price?

"In the early stage of sales, in order to make up for R&D expenses and design expenses, the price of magic sets will double." Li Xiang explained.

In fact, in the world of Muggles, new products are on the shelves and inflated prices have long become a common practice, but this unhealthy trend has not yet flowed into the wizarding world.

"1500 Jin Jialong?" Draco was shocked, "Is it a little expensive?"

"No, no! It's not 1,500 gold gallons, but 2,000 gold gallons." Li Xiang said with a smile, "It's not expensive at all. A bottle of Fuling Agent also requires 2,000 gold gallons. Which one is more valuable in Fuling Agent or Magic Set? I believe you can tell."

Draco rolled his eyes wildly. A quick equipment wand device actually costs 2,000 Jin Jialong? Draco wanted to pinch Li Xiang's neck and ask him if he was crazy about Jin Jialong?

"Ahem, is there a discount?" Draco asked with a shy face.

Li Xiang looked at Draco in surprise, "Are you going to pay? I also said I'll give you one! But your dad should buy it for you, right?"

"Don't!" Draco wailed, "It's not certain whether my father will buy it for me if he or she is going to buy it!"

"Okay, okay, poor Draco!" Li Xiang waved his hand, "I'll give you the magic trap in your hand. Be careful not to be hit by magic, it can't stand it."

Draco showed a look of joy on his face and quickly said, "Ivan, thank you!"

Li Xiang just smiled. He and Draco grew up together. Even if Draco has a flaw in his personality, so what? The two are young playmates, and Draco's flaws in his personality are not reflected in his friendship with Li Xiang.

The four returned to Hogwarts Academy Castle, just in time for supper, Draco was happy to get a quick equipment wand device. In a good mood, he even ate two more bread.

After dinner, Li Xiang brought two letters to the college's public owl lounge, hired two owls, and sent the two letters separately.

One of them was sent to the Witcher Weekly; the other one was naturally sent back to the Golden Griffon Family to inform Count Barlow that he would prepare to open the magic prop store at No. 93 Diagon Alley.

"Witcher Weekly" is the most widely circulated weekly magazine in the British wizarding world, and it covers all kinds of interesting things in the British wizarding world. Li wanted to send a letter to "Witcher Weekly", so he naturally wanted to use it...
Chapter completed!