Chapter 283 Competition with the Yangtze River begins
After a long vacation, Horton finally returned to his beloved Hong Kong.

He brought Wang Yuanchao good news and bad news.

The good news is:

Hasbro is willing to send someone to investigate.

The bad news is:

Hasbro will also simultaneously inspect Changjiang Plastics Company (Li Chaoren's company).

Or let’s put it this way, they were originally going to inspect the Changjiang Plastics Company, and wanted to take a look at the Blizzard Plastics Company on the way.

Because Changjiang Plastic Company has been producing toys for several years and is the largest OEM company in Hong Kong, the dolls they produce are of good quality and low price, and have already gained a certain reputation among their peers.

Because of the adverse effects of the Vietnam War, anti-war movements began to emerge, and Hasbro's sales of soldier dolls were also affected. They may pay more attention to costs.

So, even if Blizzard's quality is better, the price is still something to discuss.

While stroking the green friendship between him and Wang Yuanchao, Holden said:

"Have you heard about Gaul?"

Wang Yuanchao knew about this:
There was also an outbreak of unrest in Gaul in May, but President Charles de Gaulle was able to quell the situation only after gaining the support of the military.

He owns Phoenix Daily, so it's impossible that he doesn't have this kind of news.

But he did not allow Phoenix Daily to report it, and his internal statement was simple:
"We are here to make money! Has everyone forgotten the horror of last year?"

Liu Heqing worriedly said:

"If other newspapers report on it and we don't, won't it seem like we don't care about international events?"

Even the editor-in-chief of Xianshi, Cao Wannian, felt that the president's concerns were justified:

"Even if Phoenix News didn't report these events, citizens would still know if other newspapers did. After all, Phoenix News is the best-selling newspaper in Hong Kong."

Wang Yuanchao said:

“It will not affect its continued status as Hong Kong’s number one newspaper.

If everyone knew about it, they wouldn't earn an extra dollar in salary, but would instead panic and worry.

Let’s put it this way. If the Hong Kong Radio Station reports it, we will remove the subjective content and try to report it objectively.”

Wang Yuanchao finally took a step back.

Because of what happened in Gaul, European funds began to become unstable again and began to flow into the United States. The dollar in the United States suddenly became strong.

……

Wang Yuanchao nodded:
"What does this have to do with the news you brought?"

Holden shrugged and said:

"Production in Gaul has been greatly affected, hasn't it?

And the damn summer, oh no, our most wonderful summer, is here, isn't it?

Europe needs a lot of fans!!
We are going to make another one!”

Wang Yuanchao asked doubtfully:

"Even if we produce it here, it will take a month to ship it there. There's a war going on in the Red Sea, and the Suez Canal is blocked. Can we make it in time?"

Holden said proudly:
"When I was in the United States, the company had already telegraphed that products shipped to various parts of Southeast Asia should be shipped to Europe. The company asked me to come back and continue to supervise the production capacity.
At least this summer, we will have a very happy time.

So my friend, how many products can your Deep Blue provide now? Is there any room for further improvement? "

Of course it can increase production capacity.

Wang Yuanchao's Shenlan has even started producing small ceiling fans. If those workers switch to another product, they will definitely be able to get started quickly.

"Oh, by the way, I also have a small ceiling fan that is very versatile. Would your company like to take a look at it?"

Wang Yuanchao called and Shenlan immediately delivered a small ceiling fan and demonstrated it to Horton in the office.

The little guy is not big, but it can generate quite a bit of wind and is indeed flexible in use. Moreover, this little guy doesn't hurt when you hit your hand, unlike the big guy hanging from the ceiling.

"how much is it?"

"It's only $10! ​​It's easy to assemble and disassemble, easy to carry, and can be used anywhere there's electricity."

Holden shook his head and said:

“8 dollars. I don’t know whether the market welcomes it or not.”

Wang Yuanchao said:

“Out of every 10 dollars, 1 dollar is our friendship!”

Holden swallowed his saliva:
“Then I’ll apply to the company to purchase a batch to try.

But no matter what, we can’t affect everyone’s supply!”

Wang Yuanchao patted his chest and said:
"Don't worry, when have I ever let you down?"

At the command, upstream suppliers, stimulated by US dollars, burst out with strong production momentum, started working in three shifts and rushed to harvest.

Wang Yuanchao hopes that everyone will have fun today and he will have fun tomorrow so that they can all come to buy the dark blue goods.

But he also knows that this is a fantasy, so he asks everyone to cherish the opportunity to ship at a high price, because time waits for no one and we must not miss it.

He doesn't need to worry too much about Deep Blue. The one that is giving him a headache is Blizzard, which has a competitor. How should it compete with Changjiang?
Changjiang is not a small competitor like Shell. Shell makes millions of dollars a year, but Changjiang makes tens of millions of dollars a year!

Wang Yuanchao has worked hard and faced many difficulties, with the help of the landscape crisis and the depreciation of the pound. Up to now, his assets are just over 4500 million, including nearly 2000 million in bank loans.

It is impossible for Wang Yuanchao to pay the full amount for buying a house and land, so he can only borrow as much as he can.

But he has been hoarding the gold and has not moved it. It seems that he still needs to pry it out.

The lever is too small!

Making money in industry is fast, but making money in real estate and finance is even faster!

In a price war, Blizzard cannot beat Changjiang, as Changjiang has a lot of allies, so they can only compete in products and creativity!
The toy market in Hong Kong is too low-end. People don’t have money to spend. Even if rich people buy toys, how many do they buy?
There is no choice but to export.

Wang Yuanchao even thought about whether he should go to the United States to do something.

Of course, it's just a thought.

Hasbro has a strong executive team, led by Del DePriest, vice president of marketing, and Johnny Cross, director of purchasing.

As soon as he saw the composition of the team, Wang Yuanchao gained confidence. The other party valued marketing and products more than price.

The expedition team first went to the Yangtze River and then came to Blizzard.

Out of "friendship" with Wang Yuanchao, Horton had a few drinks in a bar with a "friend" in the investigation team and informed Wang Yuanchao of the situation.

The situation is not good:

The overall image and quality of Changjiang's "Brave Soldier Joe" dolls have been recognized by Hasbro, and the price is also very competitive. Changjiang also stated that it will be able to start full-scale production within a week after signing the contract, which can fully meet Hasbro's sales needs.

Horton felt a little sympathy for Wang Yuanchao. This friend had a big appetite and he immediately targeted the two largest toy companies in the United States: Hasbro, which produced "American Soldiers", and Mattel, which produced "Barbie Dolls".

Look, Mattel has no intention of cooperating at all.

Now it seems that Hasbro is also in trouble.

No matter what, Horton did not let down the "friendship" between the two, and he thought he had done a good job.

The next day, the Hasbro team first visited Blizzard's factory. The vice president of marketing looked okay, but the purchasing director had a very gloomy expression.

Because Blizzard only has a huge factory, but only one floor is actually in production, and it is sparsely populated.

It is impossible for such a cooperative unit to form a team, integrate the team, schedule large-scale production, and meet Hasbro's huge sales and quality needs.

However, the vice president of marketing was very interested and visited the production and display of various small toys of Blizzard.

Finally, everyone sat in the conference room, and it was time to decide their fate.

Vice President of Marketing DePriest put it bluntly:

"Boss Wang, Blizzard's samples are actually pretty good, but whether it's the company's size or the product control after mass production, I don't see how Blizzard can fit the positioning of Hasbro's partner."

Wang Yuanchao smiled and said directly in English:
"I heard that your company's sales are not very optimistic? Even worse than that little girl's 'Barbie'?"

The calm smile on the face of Vice President of Marketing DePriest immediately disappeared. It is not right to hit someone in the face, let alone in front of him, the Vice President of Marketing?

Immediately said unhappily:
"What do you mean?
If you can’t give a suitable reason, I think our communication should end here!”

Wang Yuanchao glanced around and saw that everyone from Blizzard had tactfully left the meeting room.

The people at Hasbro were a little confused. What was going on?
De Priest was also a wise man, and he immediately said to himself:

"You guys go out and have a rest too."

Purchasing Director Cross didn't know whether he should leave or not. The company's sales have been sluggish in the past two years, so he thought about how to save costs and came to Xiangjiang. He was very satisfied with Changjiang's products and prices. However, he was not the one responsible for selling the products.

After a flash of thought passed through his mind, he got up and left. As long as the price was right, why should he care so much?
There were only two people in the meeting room at that moment.

Wang Yuanchao looked at DePriest with confidence in his eyes:

“I have a way to help your company increase sales.”

DePriest smiled wryly:

"Is it because of these products from Blizzard?"

Wang Yuanchao's expression remained unchanged:
“That’s just the basis of our collaboration.”

Wang Yuanchao's meaning is very simple. I have a way. Do you want it? The premise is that everyone cooperates.

There was a moment of silence in the conference room.

In the past two years, due to repeated defeats in the Vietnam War, anti-war sentiment has been very high in the country, and anti-war societies and groups have been very active. American soldiers have also borne the brunt of the impact, living up to the glory of previous years.

It’s not that little boys don’t like Soldier Boys anymore, it’s that society no longer allows Soldier Boys to advertise. Parents, teachers, and people from all walks of life have also begun to oppose boys playing with Soldier Boys. So, as Hasbro’s vice president of marketing, Alexander!
Depriest's mind was spinning wildly, and his eyes exchanged glances with Wang Yuanchao for several times.

Road:
“I purchase your products, how can you give me a guarantee?

I have to know whether your method is effective or not."

Wang Yuanchao said confidently:

“It definitely works.

I just want to be a good friend with you and provide you with some ideas. Only if you can achieve results in Hasbro can our cooperation be more lasting.

If it doesn’t work, even if I get the first year’s orders, I won’t be able to get subsequent orders!
Moreover, I sincerely hope that Hasbro's sales scale will continue to grow, so that I can provide more products for Hasbro, right?

We are good friends, our interests are the same, and we all hope that Hasbro will get better and better."

(End of this chapter)