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Chapter 722: Five years of endorsement fees exceeding one billion!

~14 min read 2,692 words

Coming to January, everything felt like it was on fast-forward.

Things that couldn't be pushed forward before were all pushed forward at this time, and the remuneration that had been delayed in settlement was also deposited into Jin Li’s account at this time.

This time, the settlement was for the account period of the Yajun Watch Tiger Series co-branded model.

Once the twelve zodiac signs were launched, they became the flagship star product of Yajun Watches.

The craze even suppressed their brand’s evergreen "Gift" series of watches for a time.

After a quarter of sales, she didn't know how the sales of the other zodiac models were.

But Jin Li knew the sales volume of the Tiger Series, because Yajun provided very detailed sales data for this.

Combined with the sales data of the domestic and international markets for one quarter, plus Jin Li’s popular movie *Counterattack* at the time, and the free promotion by various self-media bloggers...

Even though Yajun didn't focus on promoting the Tiger Series, just relying on Jin Li’s fame and the internet’s word-of-mouth made it the most dazzling model in the twelve zodiac series.

Therefore, just from one quarter of domestic and international sales, the shipment volume of the Tiger Series reached 3.5 million units!

This is just a simple figure; Yajun was still summarizing more detailed data to ensure it would be accurate to the single digit.

Although 3.5 million units had been sold, it didn't mean Jin Li could settle the sales commission for 3.5 million units this time.

One issue is the payback cycle.

Even if Yajun produces and sells it itself, it can't get the money in hand immediately just because it sold so many.

It has to settle the backlog orders from factories, distributors, stores, etc., first.

Besides that, there is also an after-sales cost; if watches are damaged and need to be scrapped within a certain period, the proportion of waste products must also be calculated.

Therefore, the remuneration given to Jin Li is settled in batches; the first batch of settlement is 1 billion.

If everything goes smoothly and there are no mistakes, Yajun will settle 5.5 billion for her within three years.

But this is the best result.

Everyone knows that the actual settlement might not be that much.

Even so, this amount is enough to make many people blush with envy.

The boss’s small goal is to earn 100 million first, but Jin Li, just by launching co-branded products with luxury brands and participating in sales commissions, earned 5.5 billion in one quarter.

After hearing this amount from Sister Fang, Jin Li’s first thought was that she could retire on the spot.

She said this jokingly.

But it caused Sui Lingfang to attach immense importance to it, looking at her nervously and asking cautiously:

"Do you really have thoughts of retiring?"

"If you really want to retire, can you tell me three months in advance? I haven't scheduled your announcements too full; three months is enough for me to resolve most of the announcements."

"But some brand endorsements have long contract terms; for the sake of brand endorsements, you still have to show your face in the entertainment industry from time to time."

Jin Li looked at Sister Fang in surprise, "I was just joking, how come you seem to have been prepared for a long time?"

Sui Lingfang said helplessly: "If you have an artist under your hand who is very Buddhist, who donates the money she earns from time to time, views money as nothing, and doesn't have high demands for other material needs, and for a period of time, you dream every day that she will retire at any time."

She paused, "I believe you would also make plans early."

Jin Li smiled helplessly, "Sister Fang, it’s really not that serious."

Sui Lingfang said happily: "It’s fine, anyway, I have already prepared at any time. Just give me a heads-up on the day you really want to quit."

If it were another artist, she would try to persuade them, but for Jin Li, she had nothing left to persuade.

Other artists struggle in the circle with a big carrot dangling in front of them, wanting to gain greater honor and status, but Jin Li lacks nothing.

She already has the honor, just missing an award, but she is not someone who is very eager for awards.

The films she starred in before were not completely without the possibility of winning awards; the organizers had also hinted to Dawn Entertainment and the film’s director.

Even investors came to ask if they should spend some effort to win this award, but were all rejected by Jin Li.

She has always believed that as long as she is impeccable, this award will belong to her if it is meant to be hers.

No amount of money spent is useful; the audience’s eyes are sharp.

And in terms of money, with this Yajun account period commission, she doesn't lack money either.

So what is still worth Jin Li’s struggle in the entertainment industry now is to aim for an award.

If Jin Li even wins a major award, Sui Lingfang’s hanging heart will probably be completely dead.

Even so, Sui Lingfang’s mentality is quite good.

After bringing Jin Li, her say in the company has become higher and higher, the boss also values her, and she has also received part of Dawn Entertainment’s dividends.

Plus the bonuses Jin Li gives from time to time, the money she has earned in the past few years is a height that many people will never reach in their lifetime.

Besides Jin Li, she also manages a few other artists.

All of them are people who have entered retirement and pension life in advance; staying in the entertainment industry is to earn pension money, so Sui Lingfang is no longer "afraid of retirement" as she used to be.

If Jin Li really wants to retire, she can also plan retirement announcements for her.

And Yajun, having just deposited 1 billion into Jin Li’s bank card today.

The next day, they sent a specialist to Dawn Entertainment, wanting to deepen the cooperation with Jin Li and make her the global spokesperson for Yajun Watches’ women’s models!

Becoming a spokesperson for luxury goods in the entertainment industry doesn't necessarily mean getting a lot of money, but it is a huge leap in status.

Many stars first became spokespeople for luxury goods, then opened up announcements, contacted many resources in the fashion industry, and further used these resources to enter higher circles.

So the endorsement fees for luxury brands are not necessarily very high.

This "high" is only relative.

Some luxury brand endorsement fees might not even compare to the endorsement fees offered by domestic first-line brands with sincerity.

But Yajun Watches really wants to cooperate with Jin Li, so they also gave a very sincere figure in terms of endorsement price.

——Global spokesperson for Yajun women’s watches, signing for 5 years, with a total endorsement fee exceeding 1 billion!

This is just the basic endorsement; if Jin Li is required to participate in the promotion of a certain watch brand, there is additional endorsement pay.

The co-branded watch launched with Jin Li let Yajun see Jin Li’s crazy money-sucking ability and super strong fan stickiness.

Especially in the high-end customer segment, she has them firmly in her grasp!

If it weren't for this cooperation with Jin Li, Yajun wouldn't have known that Jin Li had so many high-end fans.

Usually, Jin Li doesn't show off, her clothes and accessories are all basic models, and she doesn't wear expensive jewelry, so how is the high-end customer group so powerful?

Only then did they understand why Tiangong Jewelry would cooperate with Jin Li and sign her as a global spokesperson.

With this jewelry monetization ability, who wouldn't praise her as powerful?

Sui Lingfang was already stunned when she saw the endorsement fee of over 1 billion for 5 years.

So many luxury brands have cooperated with Jin Li, but the endorsement fee given by Yajun is far higher than other brands.

It can be seen that Yajun really wants to cooperate with Jin Li and tie her down.

The specialist from Yajun saw that Sui Lingfang hadn't spoken for a long time and couldn't help but feel anxious, giving a hint.

"If you don't want to just take the endorsement fee and want to continue participating in sales commissions, this point can also be discussed; everything is possible!"

Sui Lingfang came back to her senses, "I need to discuss it with Jin Li and will give you an answer in a few days."

The specialist said: "I am staying nearby. If you have anything you don't understand, you can find me. Compared to online communication, I think face-to-face communication offline will be more efficient."

Sui Lingfang nodded: "Good."

Because the sincerity given by Yajun was too great, and it was just in time for Jin Li’s winter break, she needed to fly back to Dawn Entertainment, so she didn't rush to the Imperial Capital first, but waited for Jin Li to return two days later to discuss it with her in detail.

Jin Li had just left school and returned to Nancheng, not expecting Yajun to give her a surprise.

Hearing that Yajun wanted her to become the global spokesperson for women’s watches, she was very calm.

The record of the co-branded model is obvious to all; as long as the executives aren't blind, they would want to sign an endorsement cooperation with her and have her endorse their entire line of products.

It’s just this endorsement fee, not to mention signing for 5 years, the endorsement fee is over 1 billion; it is indeed very sincere.

Sui Lingfang said excitedly: "The person sent by Yajun hinted to me that if you are not satisfied with this endorsement fee, they can also adopt a commission method."

Jin Li pondered for a while and shook her head.

"No, let’s go with the pure endorsement route. If I continue to participate in sales commissions, the amount I get will be too much."

"There isn't a unified voice within Yajun; there will definitely be people who are jealous, and when they attack me, I will be very passive."

Sui Lingfang frowned, her expression solemn: "It is possible. After all, your co-branded sales were too hot this time."

"If the models that participate in sales commissions later don't all reach such a height, as long as they reach half, you can also take a commission far exceeding the endorsement fee."

"And the key is that Yajun’s women’s watch brand has already made a name for itself. The executives might not think it’s all your credit. If you take so much then, it’s very likely you will encounter disaster."

Once it involves commercial competition, one cannot be too cautious.

In the entertainment industry, stars tear each other apart for resources, and it’s already very fierce.

Falling into commercial competition, it will only be more cruel.

But this was just an excuse for Jin Li.

She had observed Yajun’s fortune; although the sales of women’s watches would get better and better, the fortune in the next five years would be very stable.

Stable means it won't be wildly popular, meaning there won't be another watch as explosive as the Tiger Series.

Since there is no explosive watch, there is no point in participating in sales commissions.

If she really wants to make money, she must make a big wave.

Jin Li flipped through the contract and, based on intuition, felt that the terms of this version of the contract were already very good.

But signing a contract, it’s impossible to succeed in one go; it requires both sides to continue to pull back and forth, so that they can show their importance to this cooperation.

So she said: "I accept all the conditions, and I also accept the non-compete agreement. Once I endorse Yajun, I won't endorse other watch brands."

"You can look at the other contract details again; I have no opinion."

Sui Lingfang: "Fine."

She asked about another matter, "You are resting here for three days, do you have to join the crew to film?"

As soon as Gu Cheng and Jin Li’s winter break started, the *Desperate Counterattack* crew started filming immediately, fearing they wouldn't be able to grab their schedule and it would drag into the summer vacation.

As the absolute male lead of this drama, Gu Cheng has to film even if he asks for leave from school.

But Jin Li is different.

Her scenes are few, and she will finish filming in about a week.

If the schedule isn't booked early, missing it means missing it.

Jin Li: "Right, I’ll fly to the film base in three days, and I have scenes on the day I arrive."

Sui Lingfang raised an eyebrow, "So urgent? Why don't you fly over a day early? You can rest for a night after landing and recharge your batteries."

Jin Li shook her head and said with a smile: "It was Gu Cheng who told me not to go early. Once I go early, I’ll be tricked by the director into filming."

She added: "Mm, he arrived at the crew two days early, originally wanting to rest, but ended up being tricked by the director into filming that same day."

"The director is an impatient person, doing things in a rush, and can't stand people resting too comfortably."

Sui Lingfang said amusedly: "So that’s how it is. I was wondering why you weren't anxious at all. As long as you aren't anxious, the one who is anxious is the director, haha!"

Jin Li smiled: "I’m quite looking forward to this cooperation. Director Zheng and Director Chu have different styles, but they have both made a name for themselves in the field of special effects films."

"I want to know how special effects films belonging to our China will be filmed."

Director Zheng, Zheng Chengxin, is a standard mainland-trained professional, a director cultivated in the mainland, who has never been abroad.

So the special effects films he makes have a strong oriental heritage atmosphere.

Chu Chenliang is different.

He is also a mainland-trained professional, but after graduation, he went abroad for further studies, went to several foreign crews to do odd jobs, and came into contact with the foreign film and television industrialization blockbuster model.

So his style carries a bit of foreign narrative philosophy.

Very refreshing, but the core ideas are average.

*Dawn* is the film with the best results in his directing career, and it is also considered by domestic fans to be the one with the most profound core ideas.

But in terms of core ideas, compared to Zheng Chengxin, it is still lacking.

Director Zheng, on the other hand, has too much core idea, with a lot of oriental charm, and the special effects processing is also good, but it weakens the refreshing feeling.

Netizens jokingly say that if the brains of the two directors could be neutralized, the strongest special effects film brain would be born.

So although Jin Li’s scenes in *Desperate Counterattack* are just a cameo, she is also looking forward to this cooperation.

Rarely back in Nancheng, Jin Li didn't participate in any activities for these three days and stayed comfortably in the flat for three days.

On the first day she returned, Qiguan Mingzhu forcefully moved into one of the rooms and said to Sister Fang: "I want to rest too!"

Then she started to slack off.

Sui Lingfang originally wanted to ask her to take on a few announcements, but seeing her hiding at Jin Li’s place, she was speechless.

Forget it, let her be lazy for three days.

Once Jin Li joins the crew, she will arrange plenty of announcements for her.

Jin Li is working diligently in the crew, so she, as a friend, must also work hard!

Qiguan Mingzhu chatted with Jin Li for a long time, and the two talked about the upcoming release of *Return to Youth* tomorrow.

End of Chapter

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