A thousand VCD players were stacked together, forming a small mountain. Everyone present was in an uproar; the price was simply outrageous.
"I'd like to ask Mr. Lu, is this the price after the company goes public?" a reporter asked Lu Feng.
"This is the pioneer edition. The price will be adjusted after the official launch, given the large volume!" Lu Feng replied.
"Isn't this price too high? We know that many enthusiasts of domestic technology really like this technology and consider it a major breakthrough for China. Won't such a high price discourage those who have been eagerly anticipating it? Moreover, it's too different from Jiafeng Electronics' usual low-price, people-friendly strategy," another reporter pressed.
"I've already said that the price will be adjusted after the listing. Don't cause trouble. If you want to enjoy the changes brought about by technology as soon as possible, then you have to bear the price you deserve." Lu Feng knew that some reporters were just looking for trouble, so he quickly waved his hand and said, "That's all I'll answer."
After stepping off the stage, Feng Zhiyao came over to help block the reporters and whispered, "Brother Feng, isn't this a bit too much of a rip-off?"
Lu Feng glanced at the crowd, all of whom were huddled around a few public phone booths not far away, waiting to make a call. He sneered, "A trap? I can't trap them to death. There's a bigger trap behind the smaller one, and a cesspool deep inside the bigger one. Rest assured, the game has only just begun."
Inside the phone booth, a shifty-eyed young man spoke into the phone: "Hey, they've announced the price, 30,000 yuan a unit. Don't have enough money, want to buy it or not?"
Soon after, General Manager Zheng, General Manager Li, General Manager Hou, and a large group of others received the news that each unit of Jiafeng Electronics' Jinbao VCD Pioneer Edition was priced as high as 30,000 yuan.
Even Li Quanliang gasped when he heard the price; it was fucking expensive!
"Is he crazy? Selling it for such a high price?" Li Quanliang frowned. This price was clearly forcing them to buy. They knew that Lu Feng had already guessed their next move.
General Manager Zheng called Li Quanliang to discuss this matter.
"I don't think it's necessary to buy it. We can wait a few days until it's officially launched before buying it. Besides, we already have the basic motherboard design, so we're already ahead of the curve," Li Quanliang said thoughtfully.
“I think so too. Changhong isn’t going to buy it, right? If you’re not going to buy it, then I’m not going to buy it either. This is clearly a scam.” President Zheng said firmly.
The CEOs of various companies were on the phone, angrily expressing their determination to boycott this deceptive practice. They vowed that no one would buy the products, ensuring that not a single one of the thousand units would be sold, making a huge fool of themselves on the very first day.
After hanging up the phone, General Manager Zheng sighed. A manager standing across the table asked, "General Manager Zheng, are we not going to buy it?"
"How could we not buy? We'd all have to swallow this loss. It's 30,000 yuan! If we sell just 100 units, Lu Feng can make a killing off all the major manufacturers." President Zheng grinned angrily and muttered, "Damn, that's really ruthless."
"Pass the word down: buy it, and bring the machine back to me immediately." After thinking for a moment, General Manager Zheng called He Tian and asked him to come to his office.
A few minutes later, He Tian walked in and asked, "Is the machine back?"
"Not yet, is it alright to buy one?" Mr. Zheng asked.
"One unit?" He Tian said with difficulty, "President Zheng, we'd better buy ten units. We need to not only disassemble them for research, but also conduct some simple voltage tests. If one burns out, we can still use others to continue. If a malfunction causes delays in 'research and development,' it will be very troublesome."
"Ten units?" the main pipe operator next to him said. "Mr. He, this machine is very expensive."
"The cost isn't high, so how expensive can it be?" He Tian had already calculated it out for Lu Feng in his mind. The cost was over three thousand, and the listing price would be at most seven or eight thousand.
"Thirty thousand per unit!"
"Holy crap... this is way too expensive!" He Tian exclaimed in shock.
After an hour, not a single unit had been sold. Lu Feng and his group sat in a room not far from the door, looking out the window through the glass.
Seeing that everyone was standing there motionless while the reporters kept interviewing them, Zhang Fengxia said, "We'll definitely be making headlines tomorrow. I'm just afraid we won't sell a single unit today. That would be incredibly embarrassing."
"It's too late to lower the price now," Feng Zhiyao sighed.
Zhu Lidong looked at Lu Feng without saying a word. He could sense that Lu Feng had the confidence to make these people swallow the high-priced items.
A few minutes later, a car pulled up and handed a bag to a man. The man took the bag, went to the sales counter, and said, "I'll buy three!"
"Sold?"
"It really sold?"
Then another person walked up to the sales counter, carrying a bag, and said, "I want five units!"
As the money arrived, more and more people gathered around the sales area, and sales instantly became booming. Seeing this scene, Lu Feng could already imagine the gnashing teeth of Li Quanliang, General Manager Zheng, and their group.
A smile appeared on his face. This was nothing. Since VCDs were Jiafeng Electronics' lifeline, Lu Feng would never let this lifeline fail.
By noon, more than 300 units had been sold, generating tens of millions in revenue. Such a feat is absolutely unprecedented in the product's history, and those companies eyeing VCDs are now gearing up with fierce determination.
If they don't defeat Lu Feng, they won't be able to quell their hatred until they get their money back a hundredfold!
Around noon, a simple celebration was held to mark the official start of mass production for Jinbao VCD. At the same time, the long-prepared publicity and advertising campaigns will also be launched today.
Starting tomorrow, all of Jiafeng Electronics' sales channels and stores will display promotional posters for Jinbao VCDs. The Dongguan factory will prioritize the production of VCDs, with a monthly output of 600,000 to 700,000 units.
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