Chapter 923 The Rise of the Amazon!



Chen Dong's vision transcends conventional thinking and even surpasses the limitations of his time.

Engineer Chen looked at Chen Dong with admiration in his eyes.

“I understand,” Chris said to Chen Dong.

Chris recalled what his supervisor had told him, hoping he could be transferred to another position to be in charge of new project research.

He is an iPod enthusiast, and he came to Longteng to develop more advanced MP3 players with larger storage capacity, smoother music playback, and more delicate sound quality.

But now, after listening to Chen Dong's words, he realized that there was a gap in the field of electronic technology that needed to be filled by young engineers like them.

After Chen Dong left, Chris approached his supervisor and agreed to be transferred to another position.

On the other hand, after the second generation of iPod was launched, it quickly topped the Amazon sales charts.

Amazon's platform was quickly taken over by iPod enthusiasts, and on the same day, the online forums of various music record companies saw a surge in visits.

This means that iPod products have far surpassed Sony and other electronic technology products in terms of both sales rankings and product appeal.

Sony's iPod, released on the same day as Longteng Electronics' iPod, is now far behind Longteng Electronics.

The iPod brought unprecedented customer traffic to Amazon, and Amazon also provided Longteng Electronics with a safe and effective third-party platform when Longteng Electronics only had a very few agent outlets in Europe and America.

E-commerce will increasingly demonstrate its advantages.

Besides large investors, many small distributors and original factories are also gradually emerging and seeking cooperation opportunities with Amazon.

These distributors and original factories often only occupy a small market share and are unable to afford the cost of trial and error. They can only rely on large companies or third-party platforms to help increase sales.

Capital investors from Asia visited Longteng's headquarters several times, asking Chen Dong for specific sales data on Amazon's iPod.

"Why are you Asian travel capital firms so obsessed with data?" Chen Dong couldn't understand.

When they previously collaborated with Longteng Electronics, they also asked Chen Dong for almost all the data he had on hand.

Their subsequent cooperation went smoothly, but Asia Travel Capital also left Chen Dong with the impression of being a "fussy" and "data-obsessed" person.

“The Asian trip involves a large amount of capital and huge investments, so of course we have to be cautious,” Xiang Feng explained.

Chen Dong glanced at Annie with obvious disdain. Annie smiled wryly. This Xiang Feng was an investor in Longteng Electronics, and the two companies already had a cooperative relationship. Now, Asia Travel Capital was also seeking his help, so she couldn't just kick him out.

"Why don't you ask Amazon for data?" Chen Dong said impatiently.

Xiang Feng, who has a good temper, chuckled and said, "They've opened up to investment, so the data is certainly impressive, but we don't just need impressive data. We also need to understand the shortcomings of this platform."

"Your Longteng Electronics has partnered with Amazon to complete the transactions of the two most popular iPods in two generations online. On the surface, the iPod's data has far surpassed that of Sony."

Xiang Feng has a keen eye and a sharp sense of smell. After cooperating with Longteng Electronics, he is even more aware of Longteng's every move.

“But as far as I know, Longteng’s production line has not expanded,” Xiang Feng glanced at Wang An and continued, “On the contrary, a group of newly recruited Silicon Valley talents have been assigned to an unknown project.”

Longteng Electronics Technology's projects have always been conducted in secrecy, and Chen Dong didn't know when or how he learned about such private internal changes.

However, since the matter had already been brought up, Chen Dong couldn't pretend to be dead.

After all, Xiang Feng is, in any case, their most important partner in Southeast Asia.

Xiangfeng represents Asian investment banking capital, which enjoys a unique position of strength in Southeast Asia.

"Longteng's actual sales data is the same as the data displayed on Amazon's official website," Chen Dong said seriously.

Xiang Feng bit his lip, clearly deep in thought. "So, your new project... would you mind sharing it?"

"It's inconvenient," Chen Dong said with a smile.

This was already being polite to Xiang Feng in his confrontation. Annie sensed that her boss's patience had run out, and if things continued like this, he might just lose his temper.

"Manager Xiang, I will send the specific sales data to your company's email address. Our boss is tired, so let's call it a day." Annie wanted to get rid of Xiang Feng as soon as possible.

Xiang Feng knew he wouldn't get any useful information from Chen Dong, so he could only smile and agree with Annie, "Alright."

Back in Kuala, Xiang Feng immediately convened an emergency meeting with investors and decided to invest in Amazon as their next project.

In a short time, a large amount of capital flowed into Amazon. What was originally a small book-selling platform has become the most popular e-commerce platform in Europe and America after several restructurings.

Many medium and small distributors, after entering Amazon, take advantage of information asymmetry in the market to operate products and maximize profits.

This change caught Annie and Lin Zhiyuan off guard; subconsciously, they only saw Amazon as a sales tool.

Furthermore, due to the increasingly close cooperation between Longteng Electronics and Amazon, they subconsciously regarded the Amazon platform as their exclusive distributor.

The influx of numerous products has significantly impacted iPod sales.

Initially, people came to Amazon for the iPod, but later they found that the online ordering and offline delivery model was very convenient.

More and more consumers are no longer satisfied with just buying electronics and books on Amazon, and are turning their attention to other small commodities.

Anne, holding the latest Amazon financial report, sighed as she entered Chen Dong's office.

“The introduction of a large number of distributors into the market will make the products on Amazon inconsistent in quality,” Annie told Chen Dong. “If this platform is not clean, then it will be difficult for Longteng Electronics to have further development on Amazon.”

Chen Dong smiled and said, "If this platform doesn't work, we can set our sights on the next one."

“Our sales model is different from offline sales. As long as there is no problem with our products, changes in the platform will not affect the reputation of our iPod.”

In fact, Chen Dong has great trust in Amazon.

This platform may inevitably experience some setbacks during its development, but e-commerce is the future trend.

The most important reason is that this is Amazon!

For the next decade, Amazon will remain the world's only and largest e-commerce platform.

Later, Jack Ma's Taobao emerged as a dark horse, taking a slice of the Chinese market, and with the convenience of mobile payment, it quickly became an e-commerce platform on par with Amazon.

Of course, no matter what, Amazon is undoubtedly number one overseas.

......

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