The people present looked grim as they listened to these reports. Even Lu Feng's expression turned ugly. The way things have turned out this year is because everyone has their cards on the table. Profits are no longer being extracted from consumers, but have shifted to supply chain integration, transportation, and other aspects.
In any industry, for any product, or for any company, the ultimate winner in the end is not the one who squeezes the biggest profits out of consumers, but the one who can still make a profit by reducing costs.
To achieve this, you must have a say in the industry chain, pricing power, and minimize costs while offering concessions to the market. If you can do this, it's only a matter of time before your competitors are eliminated; they simply cannot afford to lose.
It's really tricky to fight to this point. Basically, at this stage, the outcome is already decided. Companies with their own industrial chains or those with say in the industrial chains have already won.
These companies are still locked in fierce competition, mainly because they all have their own strengths and represent the electronic technology industry chain of a province. No one can suppress the other, resulting in a situation where each company occupies a territory.
Li Dongsheng understands the current market situation very well. Even a god couldn't do anything about it; it's just a matter of attrition. It's like two masters fighting with their inner strength. Whoever can't hold on any longer will die. But he's still a little worried.
Lu Feng worried him a lot. If something really went wrong, it could be a disaster. According to their communication, Weipuda's main market was in Jiangsu and Zhejiang, with annual sales of only five or six million units, ranking fifth or fourth in the industry.
Weipuda's target was over 12 million units, which is a sales volume that rivals that of its big brother, Changhong.
After thinking it over, Li Dongsheng decided to call Huang Hongsheng.
"Hello, who is this?" Huang Hongsheng answered the phone.
"Mr. Huang, it's me, Dongsheng. Zhu Lidong just called me and told me something," Li Dongsheng said, his voice slightly worried.
"What's wrong? Are they planning to give up on Wepda?" Huang Hongsheng joked. "What's the matter that's making you worried? Our market share is very stable now. As long as we hold on, we have nothing to fear. Jiafeng Electronics is eager to expand, but we're not. They're the ones who's worried!"
Huang Hongsheng kept saying "we," but Li Dongsheng knew in his heart that the main driving force that brought these three companies together was Lu Feng. If it weren't for Jiafeng Electronics, these three companies would have fought tooth and nail in the Guangdong and Guangxi markets.
“Lu Feng has recently had some free time and is very dissatisfied with Wepda’s sales,” Li Dongsheng said.
“Hey! I thought it was something serious. In the current situation, even if Mount Everest came, it wouldn’t make a difference, let alone Lu Feng. Can he solve the transportation cost problem? No, he can’t. If his products want to sell well here, he has to accept that he’ll lose a little money for every TV he sells.” Huang Hongsheng saw things very clearly and said, “Don’t be scared by him. To put it bluntly, he’s just a young punk who’s messing around.”
"The Jiaxun pager is really beyond my expectations. Let me talk to Mr. Chen about it."
“Look at you, you have no guts at all. Let me tell you, I’m not afraid of him at all. We’re in an invincible position now. What does he have? Can he stand up and say that Lu Lang is still the best?” Huang Hongsheng sneered.
"Hahahaha!" Li Dongsheng couldn't help but laugh.
After hanging up the phone, Li Dongsheng called Chen Weirong of Skyworth. The two talked about the matter on the phone. Chen Weirong and Huang Hongsheng had similar ideas. Now they were openly fighting. All foreign brands had died out. Everyone knew how many cards each brand had. Who was afraid of whom?
As for the overseas market that Lu Feng boasted about last year, because Kevin didn't develop it in time, it's not much different from theirs now, with an extra few million or tens of millions every month. If that amount of money were given to them, it would be a sharp weapon. However, Jiafeng Electronics has too many industries, and the size of the company is different.
In less than a night, the news that Lu Feng had taken over the management of Weipuda spread throughout the industry. However, people were only concerned about his return and did not have any expectations for what he could accomplish.
Similarly, Lu Feng spent the whole day researching everything from raw materials, suppliers, cargo transportation, terminal sales, and advertising and marketing, but found no breakthrough.
The night was hazy and the air was a bit damp. Lu Feng looked at the night view outside and sighed. It was a tough situation.
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