Rebirth: Dominate The World, Starting From The School Network

Wang Chuanfu had no choice but to make the decision to change the price to the market.

After all, he is a newcomer in the mobile phone market and has no reputation. In addition, he has to compete with the big brand Sanxing. If the price is too high, there will be no consumers to pay for it.

Especially for Chinese people, in this era, foreign brands are synonymous with high-end and high quality for domestic consumers.

Wang Chuanfu also wanted to go into the high-end market like Blue Star Electronics, but he didn't have the strength.

If you don’t have the strength, you can only accept reality.

No one present objected to Wang Chuanfu's decision.

soon.

Everyone decided on the price of the first generation of BYAT.

There are three versions of the first generation of BYD.

192M+512M, 192M+1G, 256M+1G.

Available in black and white colors.

256M+512M, priced at 1,299 yuan.

192M+1G, priced at 1,499 yuan.

256M+1G, priced at 1,699 yuan.

This price is two to three hundred yuan cheaper than the Honor R1 with the same specifications.

Don't underestimate the two to three hundred yuan. For domestic consumers, these two to three hundred yuan are enough to decide which brand of mobile phone to buy.

obviously.

Once BYD's price comes out, it will be a huge blow to traditional domestic mobile phone manufacturers.

Before.

The launch of Honor R1 caused their sales to drop significantly.

For this reason, mobile phone brands such as Tianyu, Lianxiang, and Amoi have made significant price cuts on their mobile phones.

It won’t work without lowering the price.

Their mobile phones are currently not competitive against the Honor R1 687.

If the price is higher than Honor R1, consumers are not fools.

Why should I spend the same amount of money to buy a feature phone?

Smartphones are the trend now!

Originally, the price of their mobile phones has dropped to less than 2,000 yuan, and their profits have also been severely cut, which can be said to be cut in half.

Now.

BYD has directly raised the price to 1,299 yuan, and it is an Android smartphone.

This makes them very embarrassed.

You know, the average price of domestic smartphones this year is only 2,500 yuan.

really.

After the BYAT press conference, domestic consumers immediately became excited.

Although BYD is a newcomer that has just entered the mobile phone market, it is, after all, an OEM company for pinnacle mobile phones. First come first served, so it can steal some expertise.

In terms of appearance and configuration, it is not bad compared to the Honor R1, but the price is two to three hundred yuan cheaper.

This made many consumers who were reluctant to buy even the Honor R1 suddenly have their eyes lit up and decided to save money and buy a BYAT.

BYAT's first-generation press conference will not only affect traditional mobile phone manufacturers such as Tianyu, Amoi, and Lianxiang, but also have a considerable impact on flower factories.

to this end.

The flower factory also held an emergency meeting.

At the meeting.

Some people proposed to reduce the price of Honor R1 to the same price as BYAT generation, or drop it by 100 yuan, but Mr. Ren did not agree.

The reason given is simple.

The Honor R1 has only been on the market for half a year.

Lowering the price in such a short period of time is unfair to consumers who have already bought Honor R1. Doing so may cause the flower factory's reputation to collapse and offend consumers who have already bought Honor R1.

so.

It is impossible to reduce prices now.

If the price is not lowered, it will inevitably face the impact from BYAT.

However, Mr. Ren is still confident in this.

Moreover.

In the past six months, the flower factory has not rested. Instead, it has been designing the Honor R1pro and the P series, which focuses on the mid-range market, so that consumers can have more choices.

Entering November.

The first Android phones of Sanxing and BYD have been put on sale successively.

The difference is that Sanxing Note is launched globally, while BYD is launched domestically.

have to say.

Wang Chuanfu's strategy of exchanging price for market is correct.

On November 3, the cumulative sales of BYAT Generation I exceeded 200,000 units when it was launched.

Although it is not as good as the first-day sales of Honor R1 and HTCG1, this data is definitely very eye-catching.

It even exceeded the expectations of BYAT's senior management.

Because they expected to be satisfied with sales of 100,000 units on the first day of launch, the result was more than doubled.

Of course.

The first-day sales figures of Sanxing Note in China are not too high, only around 20,000 units.

No way, the price of Sanxing no(ccfg)te is not very affordable, as high as 3,299 yuan, which is only 700 yuan cheaper than the top phone.

Although the configuration of Sanxing Note is No. 1 among the Android phones currently on the market, it is a bit inferior compared to Pinnacle phones.

As a result, the price is only 700 yuan cheaper than the top phone, so domestic consumers will naturally not pay the price.

If I buy your Sanxing note, I might as well add seven or eight hundred and thousand yuan to buy a first-generation Pinnacle mobile phone or a second-generation Pinnacle mobile phone.

Sanxing is mentally prepared for the low sales of Note in China, so it is not surprising.

The reason why Sanxing set the note price so high is because from the beginning, Sanxing set its sights on the mid-to-high-end market.

At present, Sanxing does not have the ability to compete with Blue Star Electronics in the high-end market. Note can only seize the mid-range market, and then use the mid-range market as a stepping stone to prepare to challenge Blue Star Electronics' position in the future.

Of course.

The sales volume of Sanxing note in Longguo is not good, but it is very popular in overseas markets, and the sales volume on the first day is not low.

visible.

Overseas consumers still highly recognize the Sanxing brand.

In the consumer electronics market, it is in full swing.

The North American subprime mortgage crisis is sweeping the world and is getting worse.

November 9th.

The three major banks, Bank of America, Citibank and Morgan Stanley, reached an agreement and agreed to spend at least 75 billion meters in gold to help the market get out of the subprime mortgage crisis.

November 26th.

Bank of America began to lead Citigroup and JPMorgan Chase to raise 80 billion yuan for super funds.

November 28th.

North American housing market indicators have deteriorated across the board.

The North American National Association of Realtors claimed that existing home sales fell for the eighth consecutive month in October to an annual rate of 4.97 million units, while housing inventory increased 1.9% to 4.45 million units.

The S&P/Shiller National Home Price Index fell 1.7% in the third quarter, the largest single-quarter decline in the index's 21-year history.

The global finance industry is trembling because of the North American subprime mortgage crisis.

And at the same time.

In the Future Group CEO office, Lu Yi is meeting with John Paulson remotely.

"Hi, Mr. Paulson, you seem to be in a very good mood today."

"Yes, Mr. Lu, I am in a very good mood, and your mood will become the same as mine in a moment."

"Oh, Mr. Paulson, you have good news for me, right?"

"Haha, Mr. Lu, it is indeed good news, huge good news. Since the mortgage market collapsed in April this year, the subprime mortgage crisis has become worse and worse. The hedge fund I established has an initial profit of negative 19.4%. It has now become a positive 380%. In just six months, the assets have quadrupled. And the 6 billion meters of gold invested by Mr. Lu has also turned into 24 billion meters of gold. Mr. Lu, do you think this is true? Good news."

"Good! Mr. Paulson, this is indeed very good news. Your ability is impressive. My friend, choosing your hedge fund was the most correct choice I made."

"Mr. Lu, thank you for your compliment! Believe me, the subprime mortgage crisis will be more intense next year. I am confident that I can double my profits by 5 or 6 times."

"I never doubted your abilities, my friend."

Subsequently.

Lu Yi and John Paulson chatted for a while.

John Paulson told Lu Yi that the first 18 billion yuan in gold proceeds will be remitted to Lu Yi’s personal account in the near future. .