Circles are very important. For people in a circle, certain news can be easily heard, but for people outside the circle, it is top secret.
This is why many people desperately try to get in the same circle as certain big shots. They don't really want anything else, they just want the latest news. People will say, "Go and think about it slowly. If you catch it, it's an opportunity to make a lot of money!"
After hanging up the phone, Lu Feng looked through yesterday's sales report. The market was still very hot, but he didn't know how long this excessive heat could last.
The report didn't show the latest situation at all. Lu Feng closed the report, stood up, went out the door, called out to Feng Zhiyao in the next office, and drove away.
"Where are we going?" Feng Zhiyao asked from the passenger seat.
"Let's take a walk around the market." Lu Feng drove out of the factory area and headed straight for the electronics superstore in the city center.
Now every city has a centralized electronics area, which is essentially similar to Zhongguancun, only on a smaller scale. With the development of the electronics industry this year, domestic electronic products have taken shape. The "Big Brother" mobile phones, which were rare in the market a few years ago, are now displayed on various counters.
At the same time, the price of pagers with Chinese characters also plummeted. After some industrial hardware caught up, the industrial manufacturing cost of pagers was greatly reduced, from six or seven thousand in the 1990s to the current starting price of three thousand.
This is the pace of domestic industrial development over the past three years. The success of private enterprises like Lu Feng is not solely due to Jiafeng Electronics' own supply chain, but rather to the industrial upgrading of a large number of enterprises.
Only when our own industrial base is strong will the prices of foreign products on the market naturally come down.
At the main entrance of the mall, a huge archway proclaims "Golden Leopard VCDs are on hot sale," and billboards outside also feature photos of General Manager Jiang for promotional purposes.
Upon entering the mall, the first counter was Jiafeng Electronics, displaying all sorts of products. Lu Feng asked a salesperson, "Do you still have VCDs?"
"We're sold out today, but you can buy them tomorrow after we restock. We're very close to the factory, so come buy them tomorrow. If you're worried about not being able to buy them, you can place a deposit today and I'll hold them for you," the salesperson explained.
"No need." Lu Feng strode to the side, but after only a couple of steps, a young man approached and asked, "Brother, buying a VCD player? I have some, cheap!"
"Is it Jinbao's?" Lu Feng asked.
"These are all Golden Leopards, they're all the same, produced by the same factory, just different brands. Don't worry, they'll definitely be good after you buy them. If you're not satisfied, you can come to me for a refund. My name is Xiao Liu, this way please." As Xiao Liu spoke, he had already grabbed Lu Feng's arm.
"Hey bro, wanna buy a VCD player? Come take a look over here!" someone called out from the side.
"Ignore him, they're all defective. They were beaten up this morning. Our products are guaranteed quality, from a big manufacturer." Xiao Liu led Lu Feng to a counter to look at the goods.
Feng Zhiyao glanced around and found that there were six VCD sellers in the counters on the first floor, and two more shops outside the door. They were different brands, all claiming to be from a big factory and to be sub-brands of Jinbao. As soon as you asked if they were from Jiafeng Electronics, they all gave evasive answers.
"This is our best-selling item," Xiao Liu said, placing a VCD player on the table and beginning his introduction.
Lu Feng looked through them and found that the basic structure was almost the same, and even some of the appearance and color were copied. The only difference was that the outer shell was made of less material and was not as hard to the touch.
"How much is this?" Lu Feng asked.
"Brother, it sells for 3,980 over there, but this one is only 3,580. I won't rip you off or lie to you. It's almost time to get off work, and I have sales pressure too. Let's set a fixed price of 3,500. You'll get a good deal, and I can do my job well. What do you think?" Xiao Liu was particularly good at talking.
"Okay, I'll buy it!" Lu Feng took out some money from his pocket and casually asked, "Do you have a lot of stock here?"
"Let me tell you, these businessmen are really ruthless when it comes to making money. They have plenty of goods but they just won't sell them, letting others snatch them up. Our goods all come from the same source. We also get our goods directly from the factory. We are all honest businessmen who won't make money off you. We have plenty of goods in the factory warehouse." As Xiao Liu spoke, he wrapped up the VCD.
Lu Feng took it and asked, "Approximately how many of these warehouses do you have?"
“We estimate we have about 10,000 units in our warehouse. They just arrived today. Those other companies have no less than that number. Didn’t you see? Jinbao’s sales are sluggish. They sold out yesterday at noon, and it’s only just finished selling out today. Do they think people are idiots? Don’t you think so?” Xiao Liu smiled, took out a cigarette from his pocket, and handed it to Lu Feng, saying, “Brother, have a smoke.”
"I don't smoke!" Lu Feng waved his hand in refusal.
With such a large amount of stockpiled goods, it seems that the manufacturers have gone all out, and the market collapse is imminent, possibly within a day or a week.
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