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Chapter 181 You are an honest man
After correcting the problems that existed in its previous economic development, Longguo began to get back on track.
If you want to catch up with your competitors in the shortest time possible, you must make trade-offs.
Just as Lin Kaifeng had promised Joseph before.
Whether it is an air fryer or an induction cooker, they are all labeled with the Best Buy Group's trademark.
In exchange for a large order from Best Buy Group, we exported our products under our own brand name.
At this stage, Lin Kaifeng needs to achieve greater things and will have to continue making choices.
Making trade-offs is not a step back, nor is it a compromise, but rather a strategic approach.
What Longguo lacks is not only development funds, but also various new technologies that can make up for its industrial shortcomings.
and well-known commercial brands.
After living a new life, Lin Kaifeng decided to pursue a career in commercial technology.
The key professional focus should be on the business field.
Lacking a strong commercial brand, no matter what kind of excellent products Northern Machinery Company produces, it will be difficult to gain popularity in the international market.
The air fryer is in great demand in Hong Kong and England, mainly because the overseas agent is Andrew, an old British aristocrat.
If someone else were to be the agent, the product might not necessarily sell well.
Similarly, if Northern Machinery Company wants to continue to promote its various new products around the world, it must find a strong partner.
Not only do the partners need to be of American descent, they also need to face some operational issues.
When cooperating with other established American companies, Lin Kaifeng probably doesn't even have the right to bargain.
Only Best Buy Group is the best partner.
The late 1970s marked an important turning point in the development of the Group.
Best Buy needs all kinds of high-quality and low-priced electronic products to make up for the unfavorable situation of skyrocketing sales and declining net profits.
Lin Kaifeng needs Best Buy Group to act as a big tree to protect him from the wind and rain.
It is not possible for Northern Machinery Company to break into the overseas market in a short period of time.
Even if it can be opened, it will definitely be suppressed by the joint efforts of island companies and Western companies.
Lin Kaifeng understands the principle that the first bird to stick its head out gets shot better than anyone else.
Although the cooperation tends to be weaker, it will cause Northern Machinery Company to lose its brand advantage.
But you can get real money profit.
As the company's funds grow, Lin Kaifeng will be able to do more and more things.
One day, Lin Kaifeng will become the host.
Home appliances, semiconductor chips, and domestic cars are only the first phase of Lin Kaifeng's overall plan.
The follow-up is Lin Kaifeng’s top priority.
Aerospace, five-axis CNC machine tools, six-axis CNC machine tools, large surface ships, new nano materials...
Lin Kaifeng will not miss any project that can help Longguo rise and help the machinery company grow and develop.
"Gentlemen, please step out for a moment. I want to talk to Mr. Lin alone."
After an unknown amount of time, President Steve drove all the people accompanying him out of the conference room.
Seeing this, Lin Kaifeng said to several company leaders: "Comrades, please go outside and wait for a while."
After hearing this, everyone left the meeting room one after another.
Soon, Lin Kaifeng and Steve were the only ones left in the meeting room.
President Steve said calmly, "Mr. Lin is planning to establish a joint venture brand with Best Buy Group so that one day your own brand can openly enter the U.S. mainland and even the entire Western market, right?"
Seeing Steve's direct showdown, Lin Kaifeng said frankly: "You and I are both businessmen. When doing business, we naturally want to expand. Longguo has just opened its doors and lacks its own business brand."
“Even if our company’s products are superior to other similar products, without market recognition, it will be difficult to sell even the best products.”
"So, I need your help, and Best Buy Group also needs our Northern Machinery Company products."
"In some ways, a company and a country have the same attributes. To remain strong, they must have a strategic vision that looks to the future."
"From the current situation, your country will definitely not impose sanctions and restrictions on goods from Long Country in the future. It will only focus on severely suppressing the goods of the island country, but nothing is fixed."
"As the share of imports from island countries decreases, goods from our country will enter your territory, and the frictions that have occurred before will reappear. At that time, the attitude of your official country will inevitably change."
Hearing Lin Kaifeng's direct words, President Steve chuckled.
"Mr. Lin, you are an honest man and a business operator with a strategic vision."
"I feel very satisfied to hear the most genuine thoughts from your mouth."
"In fact, I understood from the beginning what you wanted, but it is undeniable that the conditions you proposed are too tempting. For any entrepreneur, it is impossible to resist such cooperation. Now, I want to ask Mr. Lin another question. Do you think I should arrange Joseph to be the head of the new company?"
Lin Kaifeng said playfully: "In fact, you have already made up your mind. It doesn't matter whether I say it or not."
"If you didn't want to cultivate Joseph, you wouldn't have publicly supported him at the meeting, let alone brought him here to participate in this collaborative discussion."
"Hahaha……"
President Steve laughed and said, "Mr. Lin, I am becoming more and more interested in you."
"Although I haven't met many Dragon people, I can guarantee that you are the most interesting one among them."
"This kind of interestingness is not a joke, but you have various advanced ideas and wise business strategies that other Dragon people do not have."
“I hope our cooperation will last forever.”
As soon as he finished speaking, President Steve stood up and extended his hand to Lin Kaifeng.
"Mr. Lin, if you are interested, you are welcome to visit the United States at any time. I will lead all the company's senior executives and shareholders to welcome you in the warmest way."
"Thank you. I will definitely go."
Lin Kaifeng smiled.
Since there were many aspects of the cooperation that could not be made public, there was no celebration held locally and no publicity in the newspapers.
Through the extensive work done in advance by Lin Kaifeng, Leader Chen and Fang Boyan gradually understood Lin Kaifeng's difficulties.
We want to make Dragon Country’s products sold overseas and become best-sellers that everyone is scrambling to buy.
Some trade-offs have to be made.
At the same time, the two also had a general understanding of the Western business environment.
There is no problem at all for a small amount of goods from Dragon Country to enter the Western market.
Once the commodities reach a certain volume and scale, Western countries will never tolerate it.
Push Best Buy Group out and use them as a shield.
To protect domestic products and Northern Machinery Company from attacks from all sides.
It is the best choice at this stage.
It is also a helpless choice.
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