Zhang Fengxia lay there, talking about her concerns about the VCD market, mainly about market acceptance. In the past, new products would have an adaptation period and reach a certain level of popularity.
Some products are very difficult to promote. The launch of a new product means overthrowing the market of the old product, which is equivalent to going against the entire market.
Take automobiles as an example. The development of automobiles was very difficult back then because it touched the interests of those who sold carriages and horses. Another example is electric lights. Electric lights are certainly good, but the problem is that they touch the interests of those who sell candles.
The emergence of every new product reshapes the existing market. Excellent new products will definitely be able to be promoted; the question is when.
Jiafeng Electronics doesn't have the time right now. What if the investment cycle is too long?
This could really drag Jiafeng Electronics down.
As Zhang Fengxia was explaining the risks from various angles, she suddenly noticed that the person next to her had fallen silent. She turned her head to look and found that Lu Feng had already fallen asleep.
With a soft sigh, Zhang Fengxia reached out and pulled the blanket over him, leaning against the headboard and muttering to herself.
"I'm an international student who has studied so much, including all sorts of classic business cases, international trade, and even the art of the deal for two years. But you, a country bumpkin, have brought me back to reality. It makes me wonder if I even went to a real school."
"Sometimes, when I'm alone, I think about the things you've done. Although it seems like a novice punching a master, when I think about it carefully, there seems to be some trick to it, and it coincides with what I've learned."
“You said you only graduated from elementary school, and I’ve always felt something was off. You can write quite a few uncommon characters, and your handwriting is quite nice, but your style of doing things is reckless and impulsive, like a hooligan. You’re a complete contradiction.”
Zhang Fengxia wasn't stupid; she was smarter than anyone else. But she just couldn't understand Lu Feng. His experiences and the things he did were completely contradictory.
During the Spring Festival, with all the noise and socializing, Lu Feng was indeed quite tired. When he woke up, it was still dark outside. He turned on the light and found that it was five o'clock in the morning.
I got up and processed some handwritten documents on the table, including financial fund transfer approvals, personnel changes, fund approvals for various departments, new project approvals, and a whole bunch of applications.
Lu Feng basically approved all of these things over the phone, but the necessary procedures still needed to be followed.
Lu Feng glanced at the sales figures for the three products: cassette player, radio, and home theater. The monthly sales were less than one-fifth of those of their competitors, a dismal performance.
The best-selling item was the cassette player, which was inexpensive and had a cool appearance, making it popular among young people.
At seven o'clock in the morning, I went to the cafeteria for lunch. Today, the senior management were all in a hurry to eat, because in an hour, President Lu's opening speech conference would begin.
At 7:30, Liu Cheng's car entered the factory area. The largest conference room had been set up. Because there were many people, there were no tables, only rows of chairs.
Around 7:40, Zhu Lidong, Zhang Fengxia, Liu Cheng, and a group of others were already chatting at the entrance of the conference room, mainly discussing the VCD product.
“If Mr. Lu thinks it’s okay, then it really is okay,” Zhu Lidong said, smoking a cigarette.
"Did I say all that for nothing?" Zhang Fengxia said helplessly. "From all perspectives, there are still risks."
"No, no, no!" Zhu Lidong shook his head and said, "In the past, when it came to marketing, I always felt that my own ideas were better than any of Mr. Lu's suggestions. But in the past year, I've come to accept it."
Liu Cheng chuckled and said, "Anyway, you can't go wrong by listening to President Lu. He didn't make a mistake."
"Right, in my heart, he's practically a fortune teller." Zhu Lidong joked, casually stubbing out his cigarette on the trash can.
The three people stepped into the conference room.
Lu Feng changed into a suit, checked the time, and walked towards the conference room. A clerk led the way and asked Lu Feng if he needed any speech notes or anything.
"No need, the company's development is all in my heart," Lu Feng said in a deep voice.
"Oh, right, Mr. Zhang prepared a red scarf for you, saying it's for good luck at the start of the year, and he wants you to wear it." The clerk remembered and hurriedly took out a package from her pocket, opened it, and took out a thin scarf.
"Alright, let's get this as a lucky charm." Lu Feng casually took it, hung it around his neck, and walked into the conference room.
As Lu Feng stepped in, Zhu Lidong, Zhang Fengxia, Wei Yandan, and others in the first row stood up and led the applause, instantly filling the conference room with applause.
A red carpet was laid out on the podium, and two bouquets of flowers were placed next to the microphone. Lu Feng walked to the podium, gestured with his hand to press it down, and said, "Please sit down, everyone."
As everyone took their seats, all eyes turned to Lu Feng. Those sitting in the back were still holding notebooks and pens; whether this was voluntary or an order from their superiors remained unknown.
"First of all, the New Year is over, and with the new year comes new challenges. Although the New Year has just passed, I will not be too polite in my speech today. This year is the Year of the Rooster, and it will be a very difficult year for Jiafeng Electronics. Every company has to go through hardships. This is our second year since its establishment."
"What I want to say is that this is a good thing. The management team needs to be tempered. The rainbow we see after going through the storm is more meaningful and gives us a greater sense of honor. The earlier we experience hardships, the faster the team will mature."
"At the end of last year, we reorganized our internal management methods and departments, and expanded our management system. We did this to prepare for the challenges we will face this year. Everyone knows the term 'bloated'. Once a company expands, it has many departments, layers of approvals, and slow efficiency. When faced with changes in market risks, it becomes difficult to turn around."
This chapter is not finished yet. Please click on the next page to continue reading the exciting content!
Continue read on readnovelmtl.com
