The Rebirth of a Genius
Chapter 103

Before Feng Yu had time to go to the city to prepare the documents, he received a call from the Machinery Company that there would be a meeting at 10 am in connection with the arrival of the businessmen from elsewhere.

Feng Yu did not interfere with the sales of the Machine Company because their sales channels were more established than what Feng Yu expected. Their salespeople don't even need to make sales visits. All they need to do is call, and there will be foreign entrepreneurs coming to visit the company.

Li Mingde had instructed his staff to tell the other party that the Machinery Company was now producing China's most advanced agricultural machinery. The design and quality were all above average, but the price was only slightly higher.

Entrepreneurs know that this product will give them a lot of profit and hurry. This was also considered a big problem for the Machine Company and had to notify Feng Yu as part of their procedure.

Fu Guangzheng, on the other hand, was not too bothered by this matter. He was not worried because he had hired someone to monitor and audit the finances. Furthermore, Feng Yu was there to take care of everything.

Feng Yu wanted to go and see the development of the Machine Company. If there's a problem, he'll make a sound soon. It's about the future of the company!

This time, the Machine Company had produced the hijacker machine. That includes spare parts. These products will be very popular in the spring.

In the meeting room, all the leaders in the Machine Company beamed happily. Yesterday they showed me some samples, and they were surrounded by customers. Their sales prospects look good!

“Everything, now we will discuss price. First, it is the supplier price and the second is the retail price. Please speak your mind if you have any advice! ”Li Mingde has already considered the price, but he says this as 'democratic'.

In the past, this subordinate would reject or say some ambiguous answer. In the end, everyone would use the price on a piece of paper, which Li Mingde shared. But today is different. After he finished asking, someone spoke.

“I think we can set wholesale price, but no need to set retail price. The market is growing fast now, and if we set retail prices, especially if we set retail prices too high, it will be difficult for us to capture market share quickly! ”Feng Yu looked at Li Mingde and said.

Li Mingde looked at Feng Yu dejectedly and said, “Xiao Feng, you don't understand the market well. Our machine quality is better and more durable. Of course, we have to put a higher price. ”

Feng Yu shook his head, “General Manager Li, I feel that this wholesale price is also very high. What is the most important thing for us now? That's market! If we can push our products across China and leave our Bing City Machine Company brand position in the minds of the consumers, then it is worth it even if we have to suffer losses now. Furthermore, if we use the old price, the profit will also not be low. No need to raise the price. ”

Li Mingde said nothing but looked to the Head of the sales department. Head of sales department immediately replied: “Xiao Feng, you think we don't need money for our manufacturing machines? Do you think the technology doesn't need money? If the price is the same, there may be a profit. When can we reimburse our costs? ”

Feng Yu was silent. It seems like everyone is against it. No matter what he said, there would be no difference. Let it. They have no concept of branding. If the brand is established and has a strong position in the minds of the consumers, it gives the impression of good quality and durability to the consumers, and they increase the price to become a top brand, the brand, they will make more profits!

Forget . He was lazy to reason with them. When Feng Yu became a major shareholder within 1 to 2 years, he wanted to see if they could still be so arrogant!

"Is there anyone else who objected? Then it calms him down. The head of the sales department will sign a contract with the dealers later. When these products are sold, each of you will get a huge bonus. The bonus will not be less than 100 RMB! "

In the afternoon, Feng Yu saw the contract signing ceremony. The machines were more popular than he expected!

The entrepreneurs were as if there was free money up for grabs. In less than an hour, twenty plus entrepreneurs had all signed contracts. Half of them are from other provinces.

Feng Yu casually asked the Sales Chief about the total value of the contract, and he replied arrogantly that it was around 8 million RMB.

Huh! This boy thinks that he has a connection with the Soviet Union and he can teach us what to do? I am much better than him in terms of engine sales!

8 Million RMB? This figure was something to be proud of. This head of sales turned out not to be bad. Based on the cost and price of the supplier, after deducting taxes, the profit should be about 20% which amounts to about 1 million profit.

But this is just the initial phase. If they increase sales channels and the factory increases its production, there should be no problem for the profits to be over 10 million RMB. It only counts the plow machine and its parts. Then, when the engines and tractors are produced, the profits will be much higher.

This was good for Feng Yu as well. The faster the Machine Company progressed, the better it would be for Feng Yu.

Li Mingde was an arrogant person and wanted to continue climbing. The better the company's performance, then he will be promoted in the coming year, and the City Government will assign a new General Manager to the company. When Li Mingde was absent, the rest would not be so united, and it would be a good opportunity for Feng Yu to take over the company!

Li Mingde was an arrogant person and wanted to continue climbing. The better the company's performance, then he will be promoted in the coming year, and the City Government will assign a new General Manager to the company. When Li Mingde was absent, the rest would not be so united, and it would be a good opportunity for Feng Yu to take over the company!

This Machine Company in the hands of these government officials might be able to provide the City Government a large amount of taxes, but if it was in Feng Yu's hands, the taxes would be more than tenfold!

Feng Yu had no habit of helping others for free. Using technology to buy shares in a company, is part of his plan. He wants the company to have a sense of success, and then he will use more technology to increase his stakes slowly and cash out the stock.

For example, Feng Yu can work with companies using this batch of refrigeration compressors. He wanted the company to set up a new workshop to make refrigerators, ice storage. The profit would be better than selling this compressor by itself.

But when Feng Yu mentioned this company to Li Mingde, he rejected it. Refrigerators and ice storage? How can these items be sold? It's winter now. Even if it was summer, sales in the Northeast region would not be good either. You mentioned that you wanted to sell to the South? There is a refrigerator factory there.

Li Mingde was not corporative, and Feng Yu was slightly disappointed. But he still has a way. The Motor Factory missed working with Feng Yu. Although the financial situation of the Motor Factory is better now, who does not want to earn more?

Feng Yu had just mentioned this project, and the Motor Factory immediately agreed. It was the same as last time. The Motor Factory will only manufacture and assemble for Tai Hua Trading, and the brand will not be a Motor Factory. The advantage for the factory is at least 100 RMB per refrigerator!

Feng Yu agreed without hesitation. He wanted to let the Machine company know that even a product they looked down on, would be successful if he set it up! In the future, if Feng Yu proposed any company with the Machine Company, they would not reject him!