The night was already deep, and this night was destined to be a sleepless one for Jiafeng's senior management!
Major investment banks on Wall Street in the United States have been particularly busy lately. Whenever there is turmoil or impending turmoil in a certain part of the global economy, it is their time to reap the rewards, and they try to withdraw their funds as early as possible.
Lambert also held several high-level meetings, but he wasn't interested in currency exchange rates, so he wouldn't attend some of the later meetings. Lambert believed that he was already doing very well in the three areas of stocks, futures, and industrial investment, and as for shorting currency exchange rates, that would be like making an enemy of a country.
Even if they make a fortune, they will inevitably be regarded as mortal enemies by those countries. If any one of these countries is needed by them in the future, they will be doomed.
Lambert had just returned to his office when Eisen knocked and came in. Although he had told Lu Feng on the phone that Goldman Sachs didn't care about his retaliation, Eisen still had to report as usual.
"Is there anything I can help you with?" Lambert turned to Eisen and casually ordered, "Have them bring in a cup of coffee."
“A few hours ago, Mr. Lu from Jiafeng Electronics called and asked us to release the seized items,” Aisen replied.
“Didn’t you tell him that this was done by the maritime authorities and has nothing to do with us?” Lambert said, leaning back in his chair.
“I told him, but he said that we and customs are a team in this matter. Don’t tell him that the senior executives of Wall Street investment banks are private enterprises, and that the senior advisors of major Wall Street investment banks are candidates for the Federal Reserve. This matter was carried out by Wall Street and the US high-level officials. If the detention is not lifted, he will make us pay the price.” After Eisen finished speaking, he shrugged his shoulders and spread his hands as if to say that this matter was indeed ridiculous.
Lambert frowned slightly and asked again, "Does this 'paying a price' mean that Jiafeng Electronics made us pay a price, or that it means the higher-ups at Huaxia?"
“Even the top echelons of China can’t make us pay the price!” Eisen couldn’t help but laugh and said, “Besides, Lu Feng doesn’t have that much power, just for goods worth a little over twenty million US dollars?”
Lambert thought about it and agreed with Eisen. Besides, Jiafeng Electronics was just one of the many caterpillars in the scheme; their goal was to suppress the entire Asian region.
The next day, Jiafeng Electronics sent a team to South Africa, totaling more than 100 people, more than half of whom were experienced in mining management.
Lu Feng and even the Ronald family were profiting from the tungsten mines. In order to expedite the handover, he specifically instructed Ma Wanjun not to be too strict with the accounts, focusing on quickly taking over the tungsten mines. As for some mines that he controlled, he should also strive to gain control, and for those that he could not control, he should try to win them over.
Host a dinner party in the local area, invite industry leaders to dinner, and at the same time, pay money to win over the local managers, establish an industry association as soon as possible, formulate industry standards, and place your own people in the industry association. You need to achieve the effect of having a large following within a month.
Inside the conference room at Jiafeng headquarters, Lu Feng looked terrible, having clearly not slept well the night before. Looking at the reports in his hand, he asked Du Guoying, "Is the market layout and marketing in Suzhou all done properly?"
“We advertised on the local TV station, as well as in places frequented by wealthy people. All our sales channels had signboard advertisements at the stores, and we also started pre-order sales,” Du Guoying replied.
"The negotiations in Guangzhou are almost complete. They've set the network access fee at 20 million, and they're not going to budge on that price. As for the free calls on fixed-line numbers, they're demanding a subsidy for each number. For every additional free call on a fixed-line number, we'll have to pay 50 yuan." Zhu Lidong said to Lu Feng, "I think this price is acceptable."
"Fifty yuan each?" Lu Feng looked up, frowning slightly. "Is this how you charge?"
“We don’t need to know who pockets this money. Just pay this fifty yuan and the deal will be done. Some state-owned enterprises are indeed difficult to deal with.” Zhu Lidong said with a bitter expression, “You have to pay a tea fee wherever you go.”
"Fifty it is then. Other provinces should also speed things up." Lu Feng flipped through the contents of the document and said, "Let's lower the price again."
"Further reduction?" Du Guoying exclaimed in surprise, "There's hardly any profit left. If we don't sell 50,000 phones this year, we'll lose money."
"Then we'll compensate you!" Lu Feng said in a deep voice. "This mobile phone competition is a comprehensive one, not just a price war, but also a service war. We want users to have a great experience, good signal, free landline numbers, after-sales maintenance, and low prices."
Anyone who has worked on a product should know the question: What do we have to give up?
If you want good quality, good service, and guarantees, you have to sacrifice price. If you want cheap prices, good service, and after-sales support, you have to sacrifice quality.
No matter how you choose a product, you have to give up one or two things. Of course, you can also choose poor quality, high price, good service, and no guarantee. You just need to give up your conscience.
If Lu Feng wants to achieve comprehensive success, he can only give up profits, or even sell at a loss.
Zhu Lidong could tell that Lu Feng was getting anxious, so he said, "Why don't we test the waters first? Sell it at the original price, and maybe the market response will be very good."
"No way! Our brand power isn't strong enough to beat them in a short time. We won't make money on phones this year, we might even lose money. We have only one goal: to cultivate the market and cultivate users!" Lu Feng closed the folder in his hand and said, "As long as people use mobile phones and get used to them, even if Jiafeng Electronics goes bankrupt, I can start a company the next day and continue selling mobile phones. Do you understand what I mean?"
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