During the Chinese New Year, Chen Dong planned to return to the mainland for a vacation.
However, just as he returned to the mainland, Sony and Wanjia VCD began to exert their efforts continuously, playing various combination strategies in order to rapidly seize the market.
They used a lot of ideas for this.
At this point, the two companies seemed to realize that DragonVCD was not their main competitor.
Both families noticed each other's presence and began to compete openly and covertly.
For example, if you buy a Sony VCD player, you will also receive a Sony Walkman as a free gift.
Such a great deal quickly attracted the attention of many customers.
But as the saying goes, "the wool comes from the sheep's back," and Sony has nominally launched such a cost-effective promotional activity.
However, the VCDs they sell are not cheap; all the extras add up to about 6,000 yuan for a set.
No matter how you look at it, Sony's profit margin will not decrease for every product it sells.
Seeing that Sony was actually offering these freebies, how could Jiang Wanmin possibly sit idly by and wait for his doom?
It should be noted that there are already 3 million Wanjia VCD players sitting in warehouses waiting to be sold.
If Sony gains the upper hand, their subsequent plans will be in serious trouble.
So Jiang Wanmin also came up with a solution, and came up with a set of clever tactics.
That means if you buy Wanjia VCDs, you will also receive a 200 yuan rental voucher from a local VCD rental shop.
However, if you don't need this coupon, the 200 yuan can be deducted directly when you buy the VCD.
In total, this means that the price of Wanjia VCD has dropped to 3888 yuan.
With such a significant promotional offer, customers are bound to flock to it and eagerly make purchases.
However, seeing that Sony and Wanjia VCDs have started large-scale price reductions and promotions in order to compete for market share, some rational customers have chosen to continue to wait.
Who knows, they might end up fighting like dogs, and these two companies might offer even lower discounts?
Anyway, VCDs aren't necessities, so there's no harm in buying them a little later.
Some people have seen through the situation and believe that there will be further discounts later.
While Wanjia VCD and Sony were busy with promotions and vying for market share, Chen Dong had already returned to Shenzhen.
On his first day back, he went straight to the high-tech industrial park for a meeting.
Knowing his style of doing things, the others all rushed over on time when they heard he was returning to Pengcheng.
As the year draws to a close, regardless of how well business has gone, it's time to summarize the year and also look ahead to what the goals for the coming year are.
The men under Chen Dong were quite excited to see him.
They have always been truly dedicated to serving their boss, Chen Dong, and Chen Dong's personal abilities and charisma are equally admirable.
In the conference room, after a brief exchange of pleasantries, Jiang Fei, A Long, A Hu, and the others quickly composed themselves and began to take out the financial reports that the accountant had prepared in advance, and then reported the year's situation to Chen Dong.
Initially, Chen Dong's requirement for them was to expand into industries such as real estate and hotels.
They are doing very well now, and have achieved good returns and smooth development throughout the year.
Currently, the related industries have expanded to six cities and three provinces.
During the report, everyone couldn't help but smile.
After all, achieving results brings benefits, both in terms of reputation and personal wealth.
After listening to their report, Chen Dong, who had been wearing a serious expression, nodded slightly.
“Very good, you have done a good job. My next requirement for you is still to proceed according to the original plan. While expanding, you must also consolidate the foundation that has already been laid.”
Even if Chen Dong only offered a word or two of encouragement, their hearts were already filled with excitement and joy.
"Yes, boss! We will definitely continue to work hard in the coming year."
"Don't worry, boss, we will never do things haphazardly."
"You're right, I promise you won't be disappointed."
The year isn't even over yet, and these people already have grand ambitions and are full of energy, which is a good thing.
Chen Dong smiled faintly and corrected, "Achieving results isn't just for me to see; it also affects your own income."
"Yes, yes, yes..."
The group nodded in agreement.
Then, Lin Zhiyuan stood up and reported the situation of Longteng Electronics to Chen Dong.
"Dongzi, the sales of electronic appliances such as Walkmans and refrigerators have been quite good this year, and the sales revenue is gradually increasing every month."
"Furthermore, customer feedback after purchase has been exceptionally positive. As word-of-mouth gradually spreads, we believe that our products will hold an increasingly important place in customers' minds in the future."
Upon hearing this, Wang An immediately became anxious.
He was already somewhat uneasy before the meeting, but now that he heard that the businesses managed by others had achieved remarkable results and that each of them had presented particularly impressive financial reports, he was relieved.
How could Wang An not be anxious?
Working for a boss means making money and seeing returns.
But what about their Dragon VCD player?
Because Chen Dong has been suppressing their shipments, even after so much time has passed, Longteng VCD has only sold 500 units.
They haven't sold any goods, let alone produced any impressive financial reports; their books are still showing a loss.
But now everyone knows that the competition between Wanjia VCD and Sony is in full swing.
Both companies launched promotional campaigns, attracting customers with discounts and lower prices. Currently, Wanjia VCD is the best-selling product.
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