Rebirth in 1989: Creating the Chinese Technology Empire

This night, countless home appliance brands around the world had sleepless nights.

But life had to go on, and early the next morning, before the Best Buy store opened, there were many people waiting at the door.

This situation made Best Buy's shareholders finally laugh. Although the Bailian brand has relatively low profits, it is not sold at a loss. There are still some meager profits, but the profit margin has been suppressed by Best Buy to 5.00%.

For Best Buy, being able to make money at such a low price is the biggest win.

All major Best Buy stores opened on time. After opening, many people poured directly into Best Buy and quickly found the Bailian section.

Bailian’s special section is easy to find, and Best Buy has a very large section because it is well prepared and has a lot of products.

There are all kinds of home appliances, ranging from televisions, refrigerators, washing machines, air conditioners, to various small products, including rice cookers, egg cookers, electric wrenches, electric baking pans, razors, etc. Wait.

During this time, Best Buy discovered that many products in China are much cheaper than American products.So they just want to be ruthless and want China as long as they have it.

Of course, they have their own requirements for product quality. They don't require it to be too good, but they can't be too bad either.In order to get orders, these manufacturers have joined the China United Chamber of Commerce to further improve the quality of their own products.

There is so much variety that when customers come here, they are immediately attracted.Many people were originally planning to buy one product, but when they saw the price, they unknowingly bought a lot.

Because the price is so cheap, it feels like visiting a two-yuan store.

There are more and more people, and Best Buy's major stores are becoming more and more lively.

The most important thing is that when the U.S. stock market opened, Best Buy's stock price, which had been falling for many days, finally surged again, and the increase increased rapidly.

The traffic at Best Buy stores has increased, but in this world, there are still many poor people.The same is true in the United States. Although the rich and the middle class control most of the wealth, their population only accounts for a small part of the total population of the United States, and most of them are poor.

Small profits but quick turnover is the strategy of Bailian brand.

This strategy is simple and crude but very effective. Best Buy's idea is also very simple. Since it can't make high-end money, it simply makes low-end money. It is better to make a little bit than losing money.

In a Best Buy store, several Japanese brand stores were particularly deserted today.

Although business was not very good some time ago, there were still many transactions every day.But today, let alone those who bought it, there were even fewer people who came to see it.

Not only Japanese brands, but many other brands have also been greatly affected.

From Best Buy's perspective, it actually doesn't want to do this.After all, Best Buy is a hypermarket. Only when major brands sell well in their own stores can they earn more.

If Robertson hadn't started a price war with Japanese brands, Best Buy would really not be willing to set the price so low.Now I have no choice but to join the bloody battle.

Low prices and sufficient supply made the Bailian brand sell out all of a sudden.

The number of purchases into Best Buy's stores has also increased significantly, and some brands in the store have benefited from this. After all, Best Buy has a lot of products. Although the Bailian brand has many product types, it does not cover all products.And when people buy things, not all of them are low-end.

Best-selling, Bailian brand is really selling well.

Fortunately, Bailian Brand prepared enough goods some time ago, otherwise with this situation, Best Buy would be out of stock in a few days.

Some are happy and some are sad. The killer move adopted by Bailian Brand has completely confused the Japanese brands engaged in price war.

The price can no longer be lowered, and now they are selling at a loss. If the price is lowered again, the price will be lost, and it cannot be sustained at all.

In a manor in New York, representatives of major Japanese brands gathered here again.

But this time, their faces were gloomy. It was impossible to lower the price any more. If they lowered the price again, they would be completely ruined.During this period, the price war has caused great damage to the brand.

Now there is Bailian who is barefoot and not afraid of wearing shoes. This is a new brand and has no brand influence at all, so it doesn't matter if it is designated as an ultra-low-end brand. As long as it can be sold, it is a victory.Faced with such a rogue brand, the Japanese really can't continue to compete with Bailian.

"Everyone, the price war cannot continue. We have to think of new ways..."

A middle-aged man said seriously, and the others also had serious expressions.

Yes, the price war cannot continue, and we must think of new strategies.Continuing to fight a price war will cripple the brand. Even if the price war ends in the future, the brand's influence will be over.

"Can we use the media to reveal the true colors of Wo Sheng and Bailian? You must know that they are all rebranded brands? They have not brought any jobs to the United States. If we seize this point and make some fuss about their products , and then use China to make some articles. After all, China and the United States have different political systems. If we add some conspiracy theories..."

Suddenly, a middle-aged man's words aroused everyone's interest, and the group began to murmur.Business war is cruel and even has no bottom line.

After some discussion, a new plan was devised.

“Revealing the true face of Wo Sheng Bailian: American made or American scam?”

In the United States, just when the sales of Bailian brand were extremely hot for several days in a row, a report by the Washington Post directly detonated the entire public opinion field.

In this report, the Washington Post learned through investigation that Wo Sheng Company and Bailian Company only have a simple labeling factory in the United States and no other production lines.Their business is so good and they make so much money, but they have not provided more jobs for the United States.

The real place of production of their products is China, all parts and components come from China, and all the technology also comes from China. They do not provide a large number of jobs to the United States, but they provide a large number of jobs to China.And Wosheng Group has 40.00% of its shares in the hands of China's Huasheng Group.

Not only that, the Washington Post also found many technology patents, which clearly indicate the companies to which many patents belong.

For example, the DVD product that Wo Sheng Group is proud of, this product has been thought by all Americans to be the exclusive product of Wo Sheng Group during this period, but the patent shows that the patents for this DVD are actually in the hands of Hua Sheng Group in China. .

This shows that DVD is not a product developed by Huasheng at all, but something developed by Huasheng Group.This is not an American product and American technology at all, but a Chinese product and Chinese technology.

"If you take apart the products you bought from Wo Sheng or Robertson Bailian, you will find that all the parts are marked with the production location of China. I wonder if such products are really the pride of the United States? What exactly are we buying? Do you buy American products or Chinese products? Will Wo Sheng make the United States greater or make China greater? Or even make the Soviet Union greater. Poor China may not have these technologies, and their technologies are likely to come from the Soviet Union..."

"In view of such facts, we have to doubt whether the quality of these products will meet the standards. We even doubt whether there are Soviet or Chinese eavesdroppers in these products to eavesdrop on our intelligence. We even have to doubt that the Wosheng Group Will Bailian Group and Bailian Group run away at any time? After all, theoretically, they are all shell companies. Perhaps, this itself is an unprecedented scam..."

At the end of the report, the Washington Post gave its own conclusion.As soon as this report came out, the entire public opinion field in the United States completely exploded.