Lin Xiaotong's bicycle has indeed achieved remarkable results recently.
Thanks to his brother-in-law Wu Changfeng's sales channels, more and more dealers have begun to notice Qimingxing's latest racing bicycles.
I have to say, this thing is incredibly eye-catching.
As sales progressed, Zhao Jiahui had already made a fortune.
They even indirectly saved a rice cooker manufacturer by giving away free rice cookers.
There's no other reason than that other dealers also encounter this kind of haggling with ordinary customers.
This is unavoidable.
However, these distributors learned from Li Dapeng that Zhao Jiahui, the top salesperson, was actually offering free gifts.
Wow, that's a great idea!
You know, this bicycle isn't exactly expensive, but it's not cheap either.
In short, this is a product that a family should consider when making a purchase.
This bicycle can't compare to a tuk-tuk.
The profit margin on these tuk-tuk rides is huge; customers want to negotiate the price, and dealers have to deal with that too.
But the bicycle customer still tried to bargain... which put him in a difficult position.
Once the floodgates are opened, there's no stopping it.
Zhao Jiahui's approach quickly attracted the attention of other distributors, who then followed suit.
At the same time, Zhao Jiahui also launched a group-buying campaign.
Since everyone's following my example and giving away rice cookers, we can definitely get a better price if we buy them together.
After all, the quantity is large.
These distributors agreed; when doing business, you have to consider both increasing revenue and reducing costs.
So, this no-name brand rice cooker was completely baffled.
I never imagined I'd have a shining moment!
The rice cooker has started producing at full speed.
After all, these items are being given away as gifts, not put on shelves for sale.
Selling takes time; it takes quite a while for a single rice cooker to be sold.
But these Qimingxing agents are different; they deliver directly, so there's no sales delay time at all.
With the rise in popularity of racing bicycles, families with some money, especially those with young members, often enjoy riding racing bicycles.
No major competitions?
You'd be too embarrassed to go out then.
Therefore, this rice cooker factory is actually doing very well. Although its own profit is a bit low, it can't compete with the huge volume of orders nationwide.
This is like a windfall.
As distributors expanded their operations, sales became increasingly brisk each day.
After all, the competition was just too amazing.
Riding it is so cool!
This made Lin Xiaotong so happy she was practically rolling on the floor.
This is what normal business should be like!
That one-piece bicycle... the market just can't support its dreams.
However, Lin Xiaotong did not rashly shut down the production of the connected bicycles. Instead, she produced them when there were orders and focused on producing them for the competition when there were no orders.
After all, those small stall owners who already have a foothold can't just give it up, can they?
Mosquitoes are meat too. If it's meat, it's very uncomfortable to let others eat it if you don't eat it yourself.
This is something Lin Xiaotong and Wu Changfeng learned.
Wu Changfeng does indeed possess products that the market cannot support his dreams.
For example, more and more manufacturers of electric toothbrushes are emerging, and some are even seeing their sales figures catch up with Qimingxing.
But Wu Changfeng still did not shut down the production line.
We still have a few long-term clients overseas placing orders.
Although the unit price has been decreasing, it is still possible to make money, but it is not as exciting as before.
As more and more manufacturers enter this market, competition has emerged, which has driven down the profit margins of Wu Changfeng's electric toothbrushes.
Wu Changfeng even felt that it was a pity to throw it away, but it was also boring to eat it.
But since we can still see profits, we have no choice but to continue production, even though it's not as enjoyable as making money as before.
This was something Wu Changfeng couldn't do. The technology wasn't advanced, but although he had a time advantage and launched his products first, he made a lot of money.
But other manufacturers are not to be underestimated either. After so long of reform and opening up, some business people have learned to do it quite well.
It must be admitted that mainland Chinese are quite impressive in their ability to endure hardship and work hard.
The world's factory is gradually taking shape.
In later generations, you can find suppliers for any product on the mainland, and not just one, but possibly dozens or even hundreds.
This is the world's factory, with a remarkably well-developed global supply chain.
Wu Changfeng hasn't been focusing on the factory area lately, leaving everything to Liu Tiao to manage.
Wu Changfeng himself stayed at the Guofei Beverage Factory.
They began planning to enter the fast-moving consumer goods industry, with the goal of dethroning Coca-Cola and Pepsi!
Wu Changfeng was already itching to get started.
The first batch of goods has been shipped to more than 20 distributors.
After half a month, the distributors have started distributing the goods.
The distribution rate directly affects the sales of iced tea.
This is a theorem, and no one can change it.
In this era of limited distribution channels, if a convenience store doesn't have iced tea, even if people know it tastes good, they won't travel far to buy it.
Just buy a bottle of soda to cool off.
In the current era, having emerged from scarcity, people's demands for beverage taste are not that high.
Sweet, as long as it's sweet, that's fine! It's that simple.
Unlike in later generations, when people drank more and their tastes became more discerning, without some skill, it was impossible to satisfy customers' appetites.
Wu Changfeng briefly outlined the future plans, then got up and went to the laboratory to continue researching the third beverage with the technicians.
As for the second product, Minute Maid Orange Juice, it has already been developed.
Guofei Beverage Factory has now sent people to the countryside to buy oranges.
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