The live television broadcast ended, and many media outlets had already headed outside. Lu Feng stood up, straightened his clothes, and stared at Zha Tai and the other man. In the live broadcast just now, the two of them had lost miserably.
Vera was not happy that Songpa did not criticize Lu Feng and Thongpala. She strode down and stood a step away from Lu Feng, staring at him.
Many people at the scene became nervous upon seeing this situation.
"What the hell do you want?" Lu Feng asked in English.
"Don't be so arrogant. It's easy to get into trouble in a foreign country. Also, get out of here as soon as possible, or it will be too late when you want to leave." Vera always considered herself to be among the elite, frequenting high-end hotels and knowing business elites like Zha Tai. She looked at Thongpara and sneered, "Standing next to me, do you think you're worthy?"
"Too many people threaten me, but I'm still alive and kicking. Also, I have to give you two some advice: as the heads of a branch company, just knowing how to monopolize isn't enough. Once someone competes with you and tries to take advantage, you won't survive." Lu Feng said to the two of them very sincerely, "Learn more things, I'm begging you. Look, there's straw sticking out of your shirt, hide it well, you good-for-nothings!"
Who the hell are you talking about?
Vera couldn't hold back any longer. She grabbed Lu Feng by the collar and was about to make a move when their bodyguards rushed over and pulled them apart.
"To be honest, the only troublesome ones are people like Mu Zha and Parker, but that's only because I'm unfamiliar with the area, and they've already dealt with me. You two are really nothing." Lu Feng held up one finger and said, "One week! I'll warmly welcome you two out of your jobs after one week."
When the media was out of sight, Lu Feng laid everything bare in front of the people around him and told the two of them that he would need to clarify this relationship with the Schroder Group in the future anyway.
"Alright, let's play, let's see who beats whom!" Vera said with a gloomy expression.
Zha Tai was stunned on the spot. Lu Feng said Mu Zha's name, which meant that he already knew everything, and that Mu Zha might not even be alive anymore.
Was his biggest culprit simply eliminated by Lu Feng without a sound?
Furthermore, with some local departments unwilling to shut down Guangming Electronics, Zha Tai suddenly felt his hair stand on end. Unbeknownst to him, besides the market and media forming an encirclement and suppression against Lu Feng, he had actually broken through in other directions without anyone noticing.
Lu Feng left with Tumpala!
Vera was furious. In his mind, Lu Feng, a man struggling to survive, should be begging him to give up some market share so that Guangming Electronics could barely survive. How dare he talk to him like that? He was simply asking for death.
"Something happened." Zhatai pulled Vera aside and briefly explained what had happened. Vera was also stunned, not expecting that Lu Feng had secretly done so much.
The two men seemed a little off. They could tell that Lu Feng had made a lot of friends recently, and Songpa's sudden change of heart was probably because the two knew each other.
“We can’t wait any longer. If we don’t see results at headquarters, we’ll both get scolded. In my opinion, we should just subsidize and compete on price!” Zha Tai proposed a simple and direct solution.
Guangming Electronics' sales are picking up, and this method can suppress them in the shortest amount of time.
These two hadn't experienced much business competition. The pricing power in the Thai electronics market had always been decided by these few companies through negotiation. They were also friends, so if anything went wrong, they would just punish themselves with three drinks and that would be it.
The two were like soldiers who had never been on the battlefield. The most ruthless method they could think of was simply overwhelming firepower. After a little discussion, they decided to offer a huge price reduction!
Despite facing difficulties in production and operations due to foreign investment, Thongpala still donated two million baht to support impoverished students, which made many people feel that such a person should not be harmed.
Moreover, Guangming Electronics' product quality has gained a reputation during this period, and compared to the arrogance of the staff at other foreign-owned stores, Guangming Electronics' staff are much more amiable.
In many ways, Guangming Electronics is trying to get closer to ordinary people, but Zhatai, Vera and others still think that they can make a lot of money by putting on a superior attitude.
In the afternoon, Toshiba and Motorola announced price reductions, with discounts of up to 20%. The news caused a sensation in the industry, as the two companies were clearly fighting tooth and nail. Some even claimed that this was a massacre of Guangming Electronics.
Inside the hotel conference room, Lu Feng looked at Kevin and the others and asked, "So it's just a price reduction?"
"Yes, it's just a simple price reduction, very straightforward!" Kevin couldn't help but burst out laughing after saying that.
"Hahahaha!" Lu Feng laughed too.
Although some of the company's managers couldn't understand Lu Feng's Chinese, they still awkwardly laughed along.
"Are these two pigs? Even pigs wouldn't do something like this. Do you think Watanabe Shi will be driven crazy by these two?" Lu Feng laughed with lingering interest and said, "We'll also lower the price, and the new products should be launched. The old radios and home appliances are a mess, so we should put them on the market."
"That's already being arranged. We expect to launch two new products tomorrow, priced a little higher because there's a discount going on right now," Kevin replied.
"Since we're offering discounts, let's do something special. Let's call it 'Supporting Domestic Products,' and then start building barriers to entry. We need to find ways to turn customers into repeat customers. Um... let's use a points system, one Thai baht for one point, which can be redeemed for cash later. My suggestion is to exclude VCDs from the promotion. First of all, only we have VCDs. Secondly, even if there are pirated copies, the interfaces and other things are not compatible. This thing has a natural moat."
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