Great Power Ship

Chapter 99 High-End International
As soon as these words came out, Wen Dawei was relieved, but Wang Weichen who was also present was really shocked.

$300 million!

Although it is not as much as the 1600 million US dollars proposed by Wen Dawei before, it is still a large amount of money for the current domestic.

You must know that the China Merchants Bureau of the Special Economic Zone has gone through five years since its establishment in 79, and the foreign capital of less than 5 million US dollars has been used for all the bits and pieces, and most of them are still denominated in Hong Kong dollars.

But Wen Dawei received an investment of 300 million US dollars just after meeting with Weinberg. This is what Wang Weichen saw with his own eyes, otherwise he would never have imagined it was true.

"Are 'high-end' shavers really that popular abroad?"

Wang Weichen thought in his heart, but in fact it was even more exaggerated than Wang Weichen thought, "high-end" razors are not selling well in foreign countries, but they are very popular!

Ever since he was rejected by Geely Group, Weinberg knew that his $30 business was a complete loss. After all, he was not a real razor businessman, and he had 20 "high-end" razors in his hand. To be honest, he didn't know how to deal with it.

But he couldn't just watch the goods fall into his hands, so he found his cousin, Elvin Epstein, who has dual citizenship of the United States and the United Kingdom, a brother in the daily necessities business, to help out with ideas.

The moment Epstein saw the "high-end" razor, he believed that this product would be explosive. After trying it out, he became more convinced of his idea. He immediately suggested that Weinberg change careers directly and work with him to make this business bigger and stronger.

In Epstein's words: "This is a gift from God to them. If you don't do it, you will be sorry for God's favor!"

In fact, Weinberg also had this meaning. Hearing what Epstein said, he agreed to try it first.

As a result, under Epstein's series of marketing geniuses, 20 "high-end" razors were sold out in New York in less than two days.

In addition to the key role played by Epstein's accumulated contacts over the years, the most important thing is the popular advertising slogan: "If you are tired of Geely razors that often scratch your face, try high-end razors." , he can make you fall in love with the pleasure of shaving, come on, a man should have a high-end razor!"

Leaving aside the principled question of whether to prove yourself a man, the advertisements directly pointed out the disadvantages of Geely razors, which directly touched most consumers.

There is no way, it is really that the innovation ability of Geely razor at this time is insufficient, and it has been using the old technology of World War II. In terms of new products, it is more focused on competing with Panasonic, Philips and other RB and European manufacturers for the electric shaver market. Therefore, Ignored the replacement of manual razors.

The problem is that the battery technology in the 80s has not developed by leaps and bounds. Whether it is an ordinary disposable dry battery or a rechargeable battery, the lifespan is pitifully short, coupled with the relatively high price, although the market for electric shavers is the future direction, but has hovered at a low level for many years.

And this has also led to a serious decline in the performance of Geely Razor in recent years, making it even more unable to invest in the development of new manual razors.

Epstein seized this favorable opportunity and carried out a successful backstab on Geely, using a more excellent "high-end" razor to complete a gorgeous counterattack on Geely's razor.

The regular version costs $3.

The high-end model is priced at $5 for the coated version.

In this way, Weinberg bought 30 "high-end" razors for 20 US dollars, and bought 80 US dollars in a blink of an eye. After excluding publicity, operation and other costs, the two made a net profit of 40 US dollars. .

The most important thing is that this thing is not the one-off brokerage business that Weinberg used to buy, but a good deal that can provide a steady stream of cash flow.

Therefore, the benefits in the future will inevitably be so good that it is unimaginable. Among other things, New York has 22 reservation customers, Houston and Atlanta have 10 reservation customers each.

The next step is that the two brothers are going to attack Chicago. It is conservatively estimated that there will be at least 50 sales.

However, in the face of the hot market, the two brothers need to solve a key problem, that is, the supply of goods.

Then we have to carry out in-depth cooperation with Zhujiang Factory on the other side of the ocean.

It's not that the two brothers really thought Zhujiang Factory was so good, but because of several unavoidable structural problems, they had to go to Zhujiang Factory.

The first is the behemoth of Geely.

Leaving aside the fact that Weinberg leaked the "high-end" razors when he sold the design drawings of the vacuum coating equipment, the fact that the "high-end" series of razors on the US market have begun to squeeze out Gillette's inherent market, even if Gillette Listed companies and large companies are suffering from illnesses, and they should have reacted.

Regardless of whether to suppress high-end brands or not, the two brothers are most afraid that Gillette will use its strong capital to swallow up the Zhujiang factory on the other side of the ocean.

The second is Weinberg and Epstein's own problems. The two are described in domestic terms as the American version of the loser. Although they are engaged in different fields, their internal logic is the same, so they can grasp the market, but Have no clue about the factory stuff.

If you really want to make a mess of it rashly, it is very likely to make a mess.

Finally, and most importantly, that is the key technology. The reason why "high-end" razors can be recognized by the US market is the high quality of the product, which is based on excellent manufacturing and superb craftsmanship. .

Obviously, so far only the Zhujiang factory in China has such manufacturing conditions, superb craftsmanship, and strong production capacity.

With such a combination, Weinberg had to endure the jet lag, fly to China again, and then rushed to Yongjiang Province, just for the shortage of goods in the US market and his and Epstein’s dream of becoming billionaires !
With such an unknown cause and effect, it is natural to understand why Weinberg was so eager, and also understand why he was so nervous when he heard that Geely wanted to get involved.

Of course, it's not difficult to explain why he gambled on the old man in the end.

Yes, he and Epstein's total net worth is only 300 million US dollars. Now that he has promised to invest in the Zhujiang factory, it can be said that Weinberg is also fighting to become a billionaire!

Now that the goal has been achieved, Wen Dawei doesn't care anymore, but he still has to do some superficial articles, and he has to sing a full set of operas, not to mention that it is a major business matter.

So some hypocrisy is inevitable, and then the center of the stage is given to leaders like Yang Dong, Zhao Dong, and Shen Ju.

The investment of 300 million US dollars was like a heavy hammer, which directly knocked out several leaders. Of course, this opportunity could not be let go, so the two parties quickly reached a package framework agreement.

The two parties agreed to establish a high-end international trading company, of which Zhujiang Factory holds 51% of the shares, Weinberg's F&K holds 49% of the shares, and the general manager of the trading company is concurrently held by Zhao Dong, the director of Zhujiang Factory...

(End of this chapter)