Liu Run saw that Lu Feng's face was full of displeasure, but he knew what kind of person he was, so he could only let it go.
Before anyone else could speak, Mr. Zhang from Nokia's marketing department couldn't hold back any longer and said, "Mr. Lu, today is an international corporate gathering. Speaking English is the most basic courtesy, isn't it?"
"Who are you?" Lu Feng asked, glancing at her.
"I'm the head of Nokia's domestic market department, and also the person in charge of liaising with Jiafeng Group," Mr. Zhang said, his gaze fixed on Lu Feng with a hint of provocation. "My surname is Zhang!"
"I've noticed something," Lu Feng said, "those who work for foreigners act like they're above everyone else, as if speaking English is none of my business." He then looked at Liu Run and said, "Mr. Liu, don't you agree?"
Liu Run didn't want to join the conversation and glanced to the side.
Elmi couldn't understand what Lu Feng was saying, but she could tell it wasn't a pleasant topic. She smiled and said, "Now that everyone's here, let's take our seats!"
After exchanging pleasantries, everyone took their seats. Xu Lihua said politely to Lu Feng, "President Lu, please find a seat. We're not an international company, so we have to be subservient to everyone here."
"So what if it's an international company? Does having some foreign education make you superior?" Lu Feng sat down and said irritably, "President Xu, what I hate most are these kinds of people. All they think about is becoming an international company. What's the use? In the end, you still have to do the actual work, don't you agree?"
“That’s true. Ultimately, the market will decide.” Even if Xu Lihua didn’t agree with Lu Feng’s words, he had to save face for Lu Feng at this time.
"How many pagers can you sell a month now?" Lu Feng picked up his water glass, took a sip, and inquired, "If the price is low, selling 100,000 or 200,000 pagers shouldn't be a problem, right?"
"How could that be? I laughed halfway through, I can't compare to you!" Xu Lihua immediately changed the subject.
The two got along quite well in this international circle, like old friends meeting. At the dinner table, Lu Feng put his arm around Xu Lihua's shoulder and kept talking about how Chinese products should strive for self-improvement. After drinking some wine, he was filled with emotion.
Elmi and Cai Tianlun were discussing the current domestic market. They estimated that the current annual sales volume of mobile phones in the domestic market was around 100,000 units, while the annual growth rate was expected to be around 30%.
Don't underestimate 100,000 mobile phones. At a unit price of 20,000 yuan, that's 2 billion yuan in sales. As for the cost, that depends on each company's cost accounting. Even if the cost is high, there's still a profit of 800% if not 1,000%.
As long as a company sells more than 20,000 units in China in a year, it can do well. Cai Tianlun, Liu Run and others thought very simply: there is no need to go all out. The market is only so big. Anyway, it doesn't matter who buys it. As long as they are potential users, they will definitely buy it.
“What I mean is, Elmi, you should raise the unit price. The current retail price of 15,999 is not appropriate!” Cai Tianlun looked at Elmi and said, “As long as we don’t compete with each other, the price will not fall. I believe you can all calculate whether it’s high sales volume or high profit.”
Liu Run and the Toshiba executive next to him nodded slightly. High profits are of course the most important thing. It doesn't take much effort at all. All they need to do is expand the market channels. When consumers have no other choice, that's when they can easily reap the rewards.
If these people present were to compete, wouldn't advertising fees and after-sales service be costs?
Elmi was also thinking to himself that if he did nothing, he could make hundreds of millions in net profit every year. Wasn't that just making money while lying down? Moreover, according to the current GDP growth rate, the market was expanding by about 30% every year.
Where on earth can you find such a good field of chives?
Most importantly, Nokia's sales channels don't require them to spend money, and Jiafeng Electronics is still expanding. In terms of sales channels alone, Nokia has already surpassed everyone present.
“That’s a great suggestion. We’ll discuss it in more detail later. Cheers!” Elmi raised her glass of red wine.
Xu Lihua was extremely embarrassed. These people openly discussed how to seize the market right in front of them, completely disregarding him and Lu Feng!
Xu Lihua was unsure whether he should raise his glass, after all, this was about reaping the domestic market. He knew, of course, that this was a case of capital monopoly leading to premium sales. It was precisely because there was no mobile phone company in China that could compete with them that they were so unscrupulous.
Just as Xu Lihua was about to raise his glass, Lu Feng said coldly, "Gentlemen, isn't it inappropriate to celebrate this kind of thing? After all, I am a citizen of this country. Shouldn't we at least try to conceal it a little, or even just a little bit?"
"Lu Feng!" Elmi looked at Lu Feng, her expression grim, and said, "That's enough. Be mindful of the occasion!"
"Mr. Lu, do you understand English? Do you need me to translate for you?" Mr. Zhang stared at Lu Feng and said, "I'm telling you to watch your face."
"I care about the occasion? What occasion? It's just eating and drinking together, why are you acting so high and mighty? I can't even afford to associate with you now," Lu Feng said, throwing his knife and fork on the table. "I've already given you a lot of face today."
“Mr. Lu, there’s no need for you to be angry.” Monica said to Lu Feng with a half-smile, “I believe you’ve seen it yourself today. These are all international companies. This is an opportunity and a window for you to get in touch with international companies. Elmi invited you here because she cares about you. You should be grateful.”
"Oh my! Wow, you've served it so high up?" Lu Feng looked around at everyone present with a surprised expression and said, "I'm sorry, I didn't know you guys had such a high standard in just a few months. I'm just a country bumpkin and I haven't caught up yet. If that's the case, I should thank you all for giving us face and letting us sit here to eat."
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