Zhang Fengxia let out a long sigh of relief, stretched her arms, and knew that she was about to get busy again. She turned to look at Feng Zhiyao and said, "Go back to sleep, his apprentice!"
Feng Zhiyao returned to his room and thoroughly reviewed the VCD scheme. He wrote down the timeline, Lu Feng's actions, and how he used different psychological factors to achieve his goals with different people.
After listing them line by line, he was completely astonished. From the moment he started fooling General Manager Jiang, he had anticipated the market's reaction. He understood the situation in the domestic market better than anyone else.
He had a complete grasp of his opponent's strategy, like an experienced hunter meticulously planning his moves. This terrifying ability to control the entire situation left him bewildered.
"This... I really can't learn it!" Feng Zhiyao sighed. He now understood what Lu Feng meant when he said that some things in textbooks can never be learned.
What Feng Zhiyao learned from textbooks was at most how to play chess, but the business world is full of chess masters, the most basic of which is to think three steps ahead.
With the failure of random inspections, a large number of products with quality problems were seized and factories were shut down. So much investment was essentially wasted.
Such a big thing has to be addressed by someone. The factory under General Manager Zheng pushed the factory manager out, and he has been detained by the police. He will probably be convicted of producing and selling counterfeit and substandard goods, pay a fine, and won't be sentenced for long.
It was past 1 a.m. when Mr. Zheng sat in his office. The ashtray was full of cigarette butts, and the whole room was filled with smoke. His hair was messy, and he looked like he had aged more than ten years. He looked utterly dejected.
A ledger lay on the table, showing that the VCD factory had a total investment of 18 million, which was the profit of Desheng and Dejin companies last year.
He originally wanted to leverage 18 million to acquire Jiafeng Electronics, a major player, but he ended up losing everything, wiping out a year's profits. This might not be fatal for a company, but it would cause it to fall behind.
While all other companies are investing money to expand their markets, promote their brands, and launch new products, Mr. Zheng can only maintain the status quo. If the market continues to decline, it will create a vicious cycle.
The market waits for no one, no company. Falling behind means losing the future!
Mr. Zheng understood that he could only hold onto these two small companies forever, and he would never have such an opportunity again. More than 20 years later, these two companies were still the leading radio manufacturers, but how many people still listened to the radio?
On Li Quanliang's desk was a document stating that due to mismanagement leading to the loss of state-owned assets, he was about to be transferred. This was just a notification; the actual document would take some time to arrive. Starting tomorrow, he would no longer be able to operate Changhong.
Last summer, Sun Yuanqing was cheated by Lu Feng. His 80 million yuan assets were used by Lu Feng for several months because of a contract, which caused the sales of Weipuda TVs to skyrocket.
When he sat in that position, he was so excited that his palms were sweating. He had spent half his life as the general manager of a run-down agricultural machinery factory, and he thought this step would be the beginning of his rise to prominence.
Unexpectedly, less than a year later, he followed in Sun Yuanqing's footsteps.
Li Quanliang was filled with resentment. He sniffed, lit a cigarette, and didn't want to leave. If he was transferred, he would definitely be sent to a retirement home. He was very unwilling, but there was nothing he could do.
"Leave a message for the next administration!"
This was the most he could do right now. He picked up the pen on the table and wrote on a piece of paper: "Beware of Lu Feng, beware of Jiafeng Electronics!"
The following day, a week later, Lu Feng attended the morning meeting again. Today was April 6th. Lu Feng sat in his seat, glanced around the room, and said, "The market is about to recover. Notify the new factory area to start production as soon as possible. All departments should do their corresponding work. We don't have much time, only two or three months."
"During this period, we need to establish the brand and launch a massive advertising campaign. We need to make sure that when ordinary people think of VCDs, the first brand that comes to mind is Jinbao. At the same time, in terms of talent development, we shouldn't wait until students graduate. We can start recruiting in advance, hold more events, and establish long-term talent supply partnerships with multiple universities."
"In terms of the market, we need to be resilient enough to explore new markets and terminal markets. We need to develop diversified promotional models, such as billboards, posters, wall advertisements, inflatable arches, etc. We also need to increase our efforts in exploring disc content to enrich the user experience."
Everyone present wore solemn expressions, with only one thought in their minds: the previous production and sales were just a trial run, and this time, it was truly about to take off.
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