Let's rewind to a certain day in March this year.
On this day, Hu Zhibiao was staring at the young man in front of him with red eyes. He had been in the laboratory for more than three days. He had not slept for three days and three nights.
Three days ago, a young man had reported that the new VCD prototype had been produced. Hu Zhibiao had rushed over excitedly. However, during the actual test, he had discovered a serious bug. That bug was that once the VCD player had been running for more than an hour, the VCD player would automatically crash. There was no way to fix it.
At first, the young man had thought that it was not a big bug. He had thought that it would only take one or two hours to fix it. However, he could not find the reason for the bug. He had been looking for it for three days and three nights.
Hu Zhibiao was too excited. Hence, he had stayed in the laboratory with the young man for three days and three nights.
He did this to encourage and pressure the young man. The poor guy was on the verge of fainting.
However, the three days and three nights of hard work were not in vain. The young man had finally found the source of the bug. It only took him ten minutes to fix the bug. After that, the two of them excitedly ran the VCD player again. After waiting for an hour, the VCD player was still running normally. There were no problems.
"Hooray!" Hu Zhibiao and the young man hugged each other excitedly. They shouted crazily, expressing the endless excitement in their hearts.
After the excitement, it was time to officially start the production.
In fact, Hu Zhibiao had already started the production. When the VCD player was being developed, Hu Zhibiao had already started to prepare the factory. He had also bought the equipment and recruited workers. At the same time, he had also started to produce some parts that had already been finalized.
When the VCD player was officially tested, 40% of the VCD player's parts had already been produced. Of the remaining 60%, 50% had to be imported from overseas. Only 10% had not been produced yet.
Hence, after the final product was finalized, Hu Zhibiao ordered the workers to produce the remaining 10% as fast as possible. At the same time, he called all the distributors that he had contacted and invited them to attend the bidding meeting.
The dealers were also very enthusiastic, or rather, impatient. As soon as Hu Zhibiao called, they almost immediately appeared at Hu Zhibiao's bidding conference.
These dealers were not only from Sujiang Province, but also from 28 of the 33 provinces and autonomous regions in the country. The furthest dealer was located in Xinjiang, but they only took three days to rush over.
Although Hu Zhibiao had started contacting these dealers a few months ago, and both sides already knew each other quite well, this speed was still greatly beyond Hu Zhibiao's expectations. At the same time, it also showed how crazy these dealers' enthusiasm was.
There was no other way. These dealers were all forced out by Da Qian.
Daqian continued to bombard the market with various advertisements. Since December of last year, the VCD market had been completely opened by Daqian VCD. At the same time, more and more families started to buy VCD.
As a result, since December, the Daqian's monthly sales had exceeded 50,000 units, and since February, the number had exceeded 100,000 units. In March and April, the sales were 170,000 units and 250,000 units respectively.
In total, the Daqian had sold 500,000 units of VCD. According to industry estimates, the Daqian's profit was at least 2,000 RMB per unit. 500,000 units meant 1 billion RMB in profit.
Based on the fact that the distributors could get at least 50% of the profits, if the Da Qian VCD players were sold to all the distributors in the country, the distributors could get at least 500 million RMB of profits. This was too much for them to bear.
Unfortunately, the Daqian had always been doing the sales channels themselves. After all, when the Daqian started, they had already taken the initiative to distribute the dealers all over the country and establish their own sales channels.
Later, the Daqian merged all the dealers in the country and established the Daqian Sales Company. Not only did they sell the Daqian's products, but they also acted as the distributor for other manufacturers' products. The Daqian Sales Company had started to make profits.
To put it bluntly, the biggest conduit merchant in the country was Da Qian Commodity Sales Company. How could those scattered conduit merchants obtain the distribution rights for Da Qian's VCD players? They could only watch helplessly as Da Qian gobbled up all the profits and did not give any other conduit merchants a share of the profits.
Sigh. The Daqian had suffered for a long time.
But it was different for the Ato VCD players. Hu Zhibiao did not have the time to build his own distribution network. More importantly, he did not have the money. After all, he was not Boss Jia. He could not persuade his workers to be distributors all over the country without spending a single cent.
Also, it was a waste of time to build his own distribution network. According to Hu Zhibiao's own data, there were more than 10 companies in the country that were doing VCD players like him.
If he had spent two to three years to set up the distribution channels, the market would have been taken over by other VCD players by the time the distribution channels were established.
So, Hu Zhibiao knew that he had to rely on a third party to build his distribution network. So, Hu Zhibiao sold the distribution rights to distributors all over the country.
One party was drooling over the VCD players.
The other party wanted to sell their products all over the country as soon as possible.
So, when Hu Zhibiao contacted these distributors in advance, they immediately comforted him when they heard that Hu Zhibiao wanted to start a VCD player business. Some of them even offered to invest in Hu Zhibiao's business.
Hu Zhibiao's VCD players were the second VCD player in the country other than the Daqian. These distributors were very excited. When they received Hu Zhibiao's call, they immediately rushed to Hu Zhibiao's Sujiang Province to participate in Hu Zhibiao's national distribution rights auction.
Hu Zhibiao was smart. After thinking about all kinds of plans, Hu Zhibiao decided to use auctions to sell the distribution rights in each province. This way, he could get the most profits.
This auction was Hu Zhibiao auctioning the distribution rights in each province. Anyone who wanted to get the distribution rights in each province had to fork out money. The highest bidder would get it. It was fair.
On the first day of the auction, Hu Zhibiao did not rush to start the auction. Instead, he invited all the distributors to sit in the meeting room and watch a movie.
Yes, that's right. They were watching a movie. However, they were not watching a real movie. They were watching a movie with the Aiduo VCD player.
Of course, the distributors weren't really there to watch the movie. They just wanted to see how the Aiduo VCD player worked. Therefore, they were very serious when they watched the movie. They didn't even miss a single scene or image.
After a full 8 hours of continuous viewing, the distributors were pleasantly surprised to find that the quality of the VCD player was quite good. Although there were occasional scenes of lag, static, or sound and picture being out of sync, these disappeared very quickly. They just had to bear with it and pretend that they didn't see it.
Although the quality was not as good as the Daqian VCD player, there were no problems in daily use.
On the second day, the auction was held in a three-star hotel's meeting room. The entire meeting room was filled with distributors.
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