Rebirth began in 2004
Chapter 434 Technology is King
Tang Yan thought Chen Wei was talking about the listing of Hengtong Technology!
After Hengtong Technology goes public, it is natural that it must give the market a good financial report.
Otherwise, how can we boost the stock price and maintain a high market value?
Moreover, Tang Yan is also very clear about Chen Wei's next plan. After the listing, Hengtong Technology will continue to conduct financing.
If you want to raise funds, you must have a good annual report.
Ultimately, it all comes down to revenue.
And what does revenue depend on?
Definitely selling!
"Don't worry, we have completed our layout in the domestic market. Our sales channels span the entire country from south to north, from east to west. You can also see our sales stores even in towns and villages."
The sales stores in villages and towns are naturally not opened by Hengtong Technology itself.
It's about working with people.
Moreover, the sales stores in villages and towns are not separate sales points for a certain brand of Hengtong Technology. Anyway, all Hengtong Technology's products can be purchased in this store.
Township stores have relatively high sales rebates, after all, their sales volume is really not that high.
You have to ensure people’s lives!
In fact, Hengtong Technology usually buys stores directly in towns and villages as much as possible, and then directly renovates them.
Then find someone to act as your agent.
In this case, for Hengtong Technology, the initial cost is much higher, but there is one advantage, and that is brand promotion.
It is so important to open stores widely!
Internet brands may sound pretty good, but they feel rather hollow. In other words, Internet brands are inherently unable to become truly first-tier brands.
There is no way, no one trusts me at all.
Trust is something that cannot be built in a day or two, it takes many steps.
Hengtong Technology has opened its own sales stores all over the country, and everyone can see them when they look up. Brand trust has been built up little by little.
"This year, we will focus on overseas sales. Especially the body drug market. We are quite optimistic about the body drug market."
The world's second-largest population of drug addicts is on track to surpass us.
In fact, their actual population should have exceeded ours, but with their statistical power, there is no way to figure out how many people they have.
Whether a country is strong or not, statistical capabilities are definitely an important indicator.
“What about Africa?”
"As for the African market, we have also entered it, but the sales volume is not very good. The main local market is too small."
Chen Wei raised his eyebrows, how could that happen?
People have the impression that Africa is full of primitive tribes, which have little to do with modern civilization.
But in fact, some places in Africa are developing quite well.
Smartphones and the like can also be used.
Chen Wei: "Localization is done, right?"
"Of course it's done."
"What I'm talking about is not only changing the system text into local text, but also the local needs of some people. For example, people in Africa don't like to dance, and dancing does not require accompaniment. So, can our mobile phones change
Can you make the external volume louder?"
Make the external volume louder?
Why does it feel like it’s a copycat trick?
Speaking of which, in fact, why are copycat phones so popular? Apart from being cheap, are they really useless?
It seems not!
Counterfeit phones also have their bright spots.
Tang Yan said seriously: "I will send people to Africa to do market research, and then let the R&D department develop mobile phones specifically for the African market."
"To be honest, we at Hengtong Technology are now considered a big company. For us, although the African market is considered meat, it is just mosquito legs. In our hearts, do we not pay attention to it?"
Tang Yan pursed her lips slightly. To be honest, it was really a bit.
Africa does have a large population, but the market is small!
Nowadays, many domestic companies are still producing feature phones. The simple reason is that not everyone in this world can afford smart phones.
Many mobile phones are produced and exported.
"The African market is quite promising. It can earn more than ten to two billion a year, so there shouldn't be any big problems."
Chen Wei doesn't know how much money he can make, but he should be able to make money.
Moreover, sometimes, we can't just look at the present, but also have to look at the future.
"Then I'll try to make some preliminary investment first."
Yang Hongmei: "What about the North American market and the European market? I found that Hengtong Technology has not invested much in these two markets."
"The promotion in the European market mainly focuses on football. As for other things, there is not much investment. As for the North American market, there is a certain amount of advertising investment, but it is not huge."
Now Hengtong Technology is developing its global market layout.
The global market is so big, then a problem arises. Hengtong Technology's strength is not enough to completely conquer all markets, and it must have a focus.
Chen Wei: "The North American and European markets have always been the markets with the strongest consumer power in the world. All companies around the world are rushing into these two markets. As long as they succeed in these two markets, their brand influence will
The force will increase dramatically."
North America and Europe are where the world's developed countries are concentrated. Their economies are extremely developed, their per capita GDP is very high, and their people's consumption power is strong.
These two markets have served as a benchmark on a global scale.
Just like in the domestic market, as long as it establishes a foothold in the four major first-tier cities, the brand will be established.
You can begin to quickly deploy the national market.
"However, although the two markets are good, they are too competitive. No matter how much we invest in these two markets, can we guarantee that we will defeat other competitors?"
Yang Hongmei and Tang Yan looked at each other, then sneered.
"We, Mr. Wei, who is as ambitious as the sky, are sometimes afraid of competition!"
Chen Wei couldn't help but rolled his eyes: "Afraid of competition? Hengtong Technology has invested so much money in research and development, and applied for more than 4,000 patented technologies a year. This is the basis for our competition. We will not invest too much in the North American and European markets.
, is a strategic choice issue for global layout.”
In 2011, Hengtong Technology applied for a total of 4,781 patents, including 3,910 technical patents.
The number of patent applications ranks first in the country.
Hengtong Technology's technological development still maintains this rapid momentum.
Hengtong Technology now has more than 20,000 R&D personnel, which is undoubtedly quite large.
Last year, Hengtong Technology’s investment in research and development remained at 90 billion.
It can be said that Hengtong Technology's research and development is crazy. It is not an exaggeration to describe it.
Normal companies would definitely not do this.
It's because of Chen Wei.
Chen Wei knows very well that technology is king.
Companies with technology can be successful, while companies without technology will be eliminated.
This elimination is both market-based and artificially guided quickly.
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