Feng Yu was very straightforward. He did not say that he was doing this for the country or for the people. The purpose of doing business is very simple. It is to make money!
Those who do not want to make money will never choose to do business. Many top talents would develop some results, but they would not use it to invest in business. Instead, they would hand it over to their superiors in exchange for promotion or a kind of reputation. Of course, there are also those crazy researchers who do research for better opportunities in their research.
These people might not do it for money, and that's why they could not become businessmen. Li Yanhong wants to develop a world-class search engine. If he does not want to make money, he can just be a researcher. The authorship of the technologies is still his.
Of course, after making money, he might have a different idea about what he wanted to do. Many people will choose to help others or help the country become stronger.
But the most basic thing was to be able to earn money first, and earn more than their peers!
"General Manager Feng, are we going to have our own strategic products?" Aiwa Home's General Manager asked.
"That's right. But all of you are different. All of you are sharing the same Aiwa brand with Aiwa Electronics, and Wind & Rain Electronics, Wind and Rain Electronics, etc. That's why all of you can introduce strategic products together. It will still be the same. Aiwa will focus on the domestic market, and Wind and Rain will focus on the overseas market. Actually, all of you have the same interests. "
Everyone lowered their heads and pondered what their company's strategic product would be.
Quanjude's Manager Jiang thought for a while and understood. Quanjude's strategic product is Quanjude's roast duck. No matter which restaurant they are selling, they will have Quanjude's roast duck. This dish is also the most popular, and it is Quanjude's core product.
Li Mingde thought for a while. No wonder General Manager Feng told them to focus on developing one model of the same model. What does he mean by not developing too many models? It's just like how the normal sedans are focused on Olympic, and the SUVs are focused on Oriental Deer. These two models are also the company's main focus, and the other models are secondary. These two models should be the strategic products.
The most popular motorcycle is the Songjiang 100. That single motorcycle's sales volume is higher than all the other companies' models, and the cost can be controlled to the lowest.
This electric scooter must also be a strategic product and must last for a long time. General Manager Feng had used their company as an example. They must not embarrass themselves.
Bing City Pharmaceutical Enterprise thought for a while and decided to use Viagra as the company's strategic product. Of course, there was also the glucose series of nutritional products, which were still selling very well. There was also the development of anti-inflammatory drugs. This was already the number one drug in the Hua Xia market.
Fu Guangwei was confused. What was Tai Hua Supermarket's strategic product? Membership card? Or guarantee the freshest food every day? Or was it something else? I must have a good chat with Brother Feng later.
Jianlibao's strategic product was, of course, Jianlibao, while Wahaha's strategic products were green tea, Nutrition Express, Qili, and Refreshing Cola. As for the other products, although the sales weren't bad, there was still a huge gap compared to these models.
While everyone was thinking, Feng Yu also ended his speech. He came up with these words after listening to lectures in his previous life and combining them with his experience in this life.
Toyota and Honda had relied on their global strategic models to reap high profits, increasing their market share and status.
In Feng Yu's previous life, when Toyota became the world's automobile industry leader, many people were studying Toyota's experience. Not only Toyota's management experience, but they also had experience in product development, sales, etc.
Toyota's most popular strategy was their single product strategy. Of course, there was also their strategy of boiling a frog in warm water. In the end, Toyota collapsed because of this strategy.
After the meeting, many people gathered together to discuss how to achieve the goals General Manager Feng mentioned.
It seemed like the goal of making money was simple, but it wasn't easy to make money, make a lot of money, and keep making money.
First, the consumers must like the products, and their products must be better than the competitors in the same industry. Lastly, they must maintain their advanced technologies and must not have any flaws. They must have a clear positioning and structure, etc.
It was easy to talk about, but it was difficult to implement.
The scariest thing was when you are leading the industry, you still have to give others a way out. Once you form a monopoly, you will be boycotted and might even be disbanded.
Be it in Feng Yu's previous life or this life, no company can achieve absolute monopoly. Those companies that are close to achieving it will face all sorts of troubles.
For example, Microsoft is the biggest company in the PC operating system market, and there are lots of lawsuits.
What Feng Yu needs to do is to increase his company's market share and maintain his leading edge. This way, he will be able to get the biggest slice of the pie.
Currently, only a few of Feng Yu's companies are the world's top companies. For example, Amazon, the world's largest eCommerce platform, but its profits are pitiful.
But Amazon's market leader is not much better than eBay and does not have an absolute advantage. Amazon's profits are not even as high as eBay.
Of course, including third-party payment software, Paypal and Alipay can be considered the top and second in the industry. But their profits are not high.
On the other hand, the companies that are ranked lower in the industry are making more profits.
But it's fine as those companies are not at their peak yet. In a few years' time, Amazon, Alipay, Paypal, etc. will have high profits.
Just look at the Sixth Sense Company and Aiwa. They will have an advantage after becoming the top company in the industry.
"Brother Feng, you mentioned that every company must have their own strategic products. What is our Tai Hua Supermarket Group's strategic product?"
"Think about which products have the highest sales volume, highest profits, and lowest cost, and you will know." Feng Yu patted Fu Guangwei's shoulder with a 'I have reminded you' expression.
Fu Guangwei is still confused and decided to ask his father or the other top executives. Could it be Tian Peng Pigs?
Actually, Feng Yu also does not know what the supermarket's strategic products are. But every product category will have the most attractive products.
For example, Tian Peng Pig and Beidacang Rice are one of them. There is more than one strategic product. Even Toyota has Corolla, Camry, and many other strategic products.
When everyone is looking for their strategic products, Feng Yu had left quietly.
Feng Yu will let others handle this as he needs to return home. Li Na's due date is near.
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