The Richest Man Yang Fei

Procter \u0026 Gamble's price cut was within Yang Fei's expectation.

But what he didn't expect was that Procter \u0026 Gamble would cut the price so quickly.

He thought that Procter \u0026 Gamble could last for a few months!

Su Tong held the microphone and asked Yang Fei, "Do you want to reduce the price of our products?"

Yang Fei pondered for a while, and said, "No surrender."

Su Tong said into the microphone: "We will not drop for the time being. You should pay close attention to the movements of other manufacturers, and report to me if there is any situation."

After hanging up the phone, Su Tong sat next to Yang Fei and asked, "Aren't you going to lower the price?"

Although Li Yanan doesn't understand business operations, she is also very curious. In this case, why didn't Yang Fei lower the price?

Yang Feidao: "This round of price cuts is an inevitable process of reshuffle in the industry. Be it Procter \u0026 Gamble or Unilever, after they entered my country, they have been holding the shelf of big brands, positioning their products at high-end, and pricing them at a low price. It is several times more expensive. With domestic brands catching up, these foreign brands have been pulled down from the altar. It is an inevitable trend for them to cut prices."

Su Tong said: "Yes, for the same pack of washing powder, their price is too expensive."

Yang Feidao: "Our general fans are priced at 2.5 yuan, which is only 50 cents higher than five years ago. This increase is completely a natural increase in cost, and our profit has not increased. They are now selling at 3.5 yuan, which is 50 cents higher than that of five years ago. We’re still going to be a dollar more expensive. And I can assure you they’re never going to come down to our level.”

Su Tong said with a smile: "Because they think they have noble blood, and they are reluctant to lower their status and stand shoulder to shoulder with us."

Yang Fei said: "Yes, let them put on airs. The positioning of Unilever's products has always been unclear, and they should not be afraid. But Procter \u0026 Gamble, we have to be careful. Our existing product line is very rich , covering all aspects of high, middle and low end, high-end liquid clothing liquid, mid-end natural soap powder, and low-end general powder, with clear positioning and clear price boundaries. Except for big promotions, we will not cut prices."

Su Tong said: "What if other domestic manufacturers lower their prices?"

Yang Fei chuckled: "If we don't surrender, they won't either. The competitor of domestic brands is not Procter \u0026 Gamble, but our clean white!"

Li Yanan was drinking boiled water beside her,

Listening to Yang Fei's talk, I feel that he is so calm, so gentle as jade, and is so considerate and gentle to Su Tong, it's really enviable!

Su Tong pursed his lips and said with a smile: "The sales volume of our pure white powder in Southeast Asia has increased by 300% in the first half of this year! The quality is cheap, the packaging is simple and beautiful, and it has won the unanimous love of people in Southeast Asia! Sister Li , do you use our whitening products in your home?"

Li Yanan hummed: "Yes, I've been using it for a few years, and I haven't changed it since I used it."

She asked: "The Meili Group is in the limelight now, how much is your annual sales?"

Yang Fei said: "Are you asking about washing products? Or about the total annual income of our group?"

Li Yanan smiled: "Actually, I'm very interested."

Yang Fei rubbed his nose and said, "For cleaning, our revenue in the first half of this year is 2 billion."

"Two billion? Half a year? Is it just washing?" Li Yanan repeated, feeling that poverty really limited her imagination, "After that year, the washing products alone can reach 400-500 billion ?”

Yang Fei said: "Of course, the leading position of domestic washing products is not for nothing."

Li Yanan said: "What about the sales volume of Procter \u0026 Gamble's cleaning products in my country? How many are there?"

Yang Feidao: "Their washing products are not dominant. Let me tell you this, our sales volume is five times the total sales volume of international companies in China! More than the sum of the other top ten domestic companies!"

Such a comparison is very intuitive and shocking!

White products are five times the total sales volume of all international companies in China!

The sum of the top ten in domestic sales is only comparable to the sales of Pure White!

Li Yanan's beautiful eyes rolled, and she said in admiration: "It's really amazing, pure white, and it's the pride of national washing products!"

Yang Feidao: "The barriers to entry for washing products are relatively low, which is why I first started my business and preferred washing products. I can set up a washing powder factory with a relatively low cost."

Li Yanan said: "Then how much capital did you have when you started your business? Did your family support you? Or did you get it with a loan?"

Yang Fei couldn't help laughing.

Su Tong also covered his mouth and smiled.

Li Yanan said: "What's wrong? I shouldn't ask this question?"

Su Tong said: "Sister Li, I am very clear about this issue. I still remember that when Yang Fei resigned from the Nanhua Plant, he only had 250 yuan in his pocket. This is all his start-up capital."

Li Yanan said in disbelief: "Two hundred and fifty yuan? You founded the Meili Group? Now the annual sales of the washing industry alone can reach four to five billion?"

Su Tong looked at Yang Fei with a nymphomaniac look, his eyes were shining brightly, and said: "So, I often say, he is a genius."

Yang Fei changed his sitting position: "If you flatter me again, I will fly into the sky."

Li Yanan said: "I wouldn't believe it if I hadn't heard it from your own mouth. Two hundred and fifty yuan, most people can spend, but you are the only one who has achieved such a great success. Then, your entire beauty How big is the group's annual sales?"

Yang Fei said: "Sister Li, are you checking the accounts? Are you representing Wang County?"

Li Yanan gave him a charming white look: "It's fine if you don't say anything, why should I check your account? I can't represent him, I never care about his work."

Yang Fei thought for a while and said: "If you don't count the income of 666 Shopping Plaza and Huayi Group, the total sales volume of our Meili Group is about 20 billion a year! It's just sales revenue, not profit. In terms of profit , it is more complicated.”

Li Yanan praised, "Amazing! 20 billion! I don't know if this house can be piled up? Then you should be the richest man in China now, right?"

Yang Fei quickly shook his hand: "Don't mention the word richest man! There are a lot of rich people in China. Moreover, sales revenue doesn't mean anything. Daily chemical products are fast-moving consumer goods, and the capital flow is huge. In terms of gold and silver, I can't rank anywhere."

Of course Li Yanan didn't believe it.

With an annual sales volume of 20 billion, not including the income of 666 Shopping Company and Huayi Group, Yang Fei still can't be the richest man in China?

Qingqing's sister-in-law came in with vegetables and said: "I just heard the news that during the rescue operation in Xiashan Village, several of our rescue boats capsized and several people fell into the big water, and they have not been found until now."

Yang Fei asked: "When did it happen? Who did you listen to? Did anyone fall into the water?"

Qingqing's sister-in-law said: "I just heard from Tieniu that he came back and asked someone to help him find it! It seems that the rescue ship No. 06 capsized."

"Save ship -06?" Yang Fei was startled, "Isn't that the ship from Wang County?"

As soon as he finished speaking, he heard a sound behind him. Looking back, he saw Li Yanan fell to the ground.