Since Lu Feng started focusing on communications last year, other companies initially thought that Lu Feng couldn't completely let go of it. After the New Year, Lu Feng was so engrossed in the pager industry that he was completely absorbed in it. When everyone saw that he had no time to get away, they thought, "Isn't this the opportunity?"
After the Lunar New Year, Skyworth, Konka, and TCL sat down for a meal together. The three companies expect to make a profit of around 10 to 8 million yuan in overseas markets. Whether they can survive this year or not, they may have to fight to the end to win those 10 to 8 million yuan.
Changhong is too large and a state-owned enterprise, so it's not easy to target them specifically. So they targeted Weipuda instead. After the New Year, the three companies launched a product that was comparable to Weipuda TVs. The prices were similar and the sizes were the same. Whenever Weipuda offered a discount, another company would immediately come out with a lower price.
In the electronics industry, if you raise your arms and call for R&D, few people will pay attention to you. But if you shout that you're going to take down Lu Feng, everyone will come out, and they'll bring their own food and drinks to fight.
Other companies did not communicate, but they reached an understanding in less than a month. Throughout March, Weipuda was beaten up seven times a week, which angered Zhu Lidong so much that he even cursed in public, his cursing was comparable to Lu Feng's.
Finally, unable to contain his anger, he had his legal team sue all these companies for unfair competition. The lawsuits are still ongoing, but Zhu Lidong is aware that the final outcome will likely be a settlement, or at least a token payment of 100,000 or 200,000 yuan from each company.
Inside the meeting room, Zhu Lidong sat there somewhat reservedly, while the others whispered among themselves about what the meeting would discuss. A few minutes later, the meeting room door was pushed open, and Lu Feng walked in. Everyone stood up and greeted him politely, "Hello, Mr. Lu."
"Alright, alright, please sit down!" Lu Feng walked to his seat, pulled out a chair, and casually said, "Today's meeting is very simple. Didn't I tell you to clear out a counter in the store a while ago? How's that going?"
“Mr. Lu, we have quite a few products right now, and we really can’t make room for a large counter. But we can still make room for a small counter. Right now, the largest counter in the store is Jiaxun pagers, which is also our main product.” A person in charge said to Lu Feng, “In towns, counties, and even third- and fourth-tier cities, we can’t make room for counters. The scale is small.”
"The counters are mostly cleared out, the key is the warehouse, we need to make more room for it, is that alright?" Lu Feng asked the group.
"That shouldn't be a problem; we have plenty in our warehouse."
Lu Feng became happy, his expression turning sly, even his white teeth seemed to be shining. Zhu Lidong instinctively felt that he was setting a trap for someone again, but he didn't care about that now, because he might be buried alive by Lu Feng.
"Mr. Lu... I have something to tell you." Zhu Lidong said nervously.
"What's wrong? Go and follow up on this matter, treat it as a serious matter, understand?" Lu Feng instructed Zhu Lidong.
"Yes, yes, I will follow up personally," Zhu Lidong nodded repeatedly.
"What's up?" Lu Feng seemed to be in a good mood. Zhu Lidong knew that now was the time to talk. If he missed this happy moment, he really didn't know when he would have another chance.
"Weipuda's sales figures for March are out, and they are surprisingly lower than expected. However, I think the future is promising, although the market lacks explosive growth and market sentiment is not high." Zhu Lidong tried to be tactful and said, "People always say that the market is the best teacher, and we have indeed learned a lot and grown during this period."
Lu Feng felt increasingly uneasy as he listened, his brows furrowing as he looked at him and asked, "What do you mean? Didn't you tell me that sales in March weren't good and that there was a large-scale marketing campaign? How about it?"
The sales channel managers exchanged glances. They knew Weipuda's sales figures well and immediately understood that they couldn't stay any longer. The leader coughed and said, "Mr. Lu, it's nothing. I'll go and organize the relevant information and notify the stores in each region to vacate their counters."
"It's nothing."
"Mr. Lu, I'll go and get busy too."
The group hurried out. Zhu Lidong cursed the bastards in charge of the sales channels in his heart for their lack of responsibility. He wanted to settle accounts with them later, but these people were not entirely under his jurisdiction.
"These are the sales figures for March, they're already out." Zhu Lidong reluctantly handed over the report.
Lu Feng's face darkened after reading the report. March is the off-season, and Weipuda's entire series of TVs sold 240,000 units, averaging less than 10,000 units per day.
"Unexpected results? A promising future? Low market sentiment? Is the market your teacher? Is the teacher targeting you like this? Ah! Zhu Lidong!" Lu Feng slammed the folder on the table and shouted, "Were you standing outside during class? Do you think this grade is appropriate? What? Are you going to give me a performance of a market bottoming out and rebound?"
Zhu Lidong stood up, head down, and remained silent, looking just like a primary school student.
"Even in the off-season, this doesn't make sense. Last month, we poured six million into marketing. Six million just going down the drain?" Lu Feng pointed at Zhu Lidong and cursed, "You spendthrift!!"
Du Guoying was looking for Lu Feng everywhere with a folder in her hand. Several new business-type pagers had been launched and Lu Feng's signature was needed. Liu Cheng was in a hurry to approve them. Du Guoying heard that the meeting had ended, so she knocked on the meeting room door and walked in. She just happened to see Zhu Lidong standing there being scolded like a primary school student, and she was so scared that she didn't dare to move.
It should be noted that Zhu Lidong is an absolutely authoritative figure within the group. Du Guoying's biggest dream is to one day make Jiaxun Technology's marketing department equal to Zhu Lidong's. However, at this moment, there are only two people in the huge conference room, and the atmosphere is extremely oppressive.
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