Rebirth: Return to 1991 to be the richest man

Chapter 1781 Confidence is never lacking!
The next day, the new products of foreign companies were all reduced in price according to their private agreement.

The price after the price reduction is actually only 50 yuan cheaper than Qiuhai's products.

There is really not much difference in technology between the electrical appliances on the market today.

The only thing that can impress consumers is the price.

Now that foreign companies have uniformly reduced prices, many consumers have changed their shopping needs.

When foreign investment did not make a comeback, their first choice for purchasing electrical appliances was naturally products from the Qiuhai Group.

Because foreign brands tend to be more expensive in terms of price.

After foreign capital brought their new products to the market, they set their sights on foreign companies again.

It is precisely because of this that the sales of new products of foreign companies have always been good after they are launched.

After Qiuhai's new products were launched, many consumers turned their attention back to Qiuhai.

Qiu Hai's reputation in China has always been very good in recent years.

The most important reason why these consumers will buy products from foreign companies is simply because of new technologies.

Now that Qiuhai also uses the same technology, consumers will naturally choose Qiuhai again.

The more important point is that Qiuhai's products are cheaper than those of foreign companies.

With the same technology and a slightly cheaper price, consumers naturally know what to choose.

It is precisely because of this that after Qiuhai's new products were launched, sales have been growing steadily, and they have quickly surpassed foreign companies.

Nowadays, foreign companies have lowered their prices, and consumers are naturally willing to buy products from foreign companies.

At least when considering it, foreign companies will be taken into consideration.

If this were the case in the past, consumers would definitely go directly to Qiu Hai's counter.

After all, no one's money comes from the wind.

When everyone's quality is similar, you can naturally save a little and choose cheaper products.

After Chen Jianghai learned the news, his face became a little solemn.

The worst thing still happened.

This price war is ultimately inevitable.

Since foreign companies have started the first round of price reductions, they will continue to reduce prices in the future in order to win.

If Qiu Hai does not follow up, the market will be completely taken away by these foreign companies.

While Chen Jianghai was thinking about this matter, Yue Hongsheng, who looked a little ugly, walked in from outside.

"Mr. Chen, all foreign companies have reduced their prices."

After coming in, he told the news directly.

In this regard, Chen Jianghai did not express any opinions, but asked Yue Hongsheng what he thought.

At this time, Yue Hongsheng's mind was in chaos.

He didn't know how to answer this question for a while.

If the price is not lowered, Qiu Hai's market will be taken away.

But once the price is reduced, it will fall into the trap of foreign companies.

Once a price war starts, there is no way out.

Moreover, this level of price war is many times bigger than the previous one between Jiamei and Wahaha.

If Qiu Hai does this, he will inevitably use a price war to determine the winner with these foreign companies.

This would be very detrimental to Qiu Hai.

In terms of technology, Qiuhai has spent so many years catching up, and it can be said that there is not a big gap between them.

However, in terms of capital, there is still a big gap between Qiuhai and these foreign companies.

People have accumulated wealth for decades, even hundreds of years.

Qiu Hai, on the other hand, can only be regarded as a rising star, and he only has a few years to achieve success.Even if Qiuhai earns two or three times more money than foreign-funded enterprises every year, it still cannot compare with foreign companies in terms of total amount.

"Mr. Chen, the current situation is very unfavorable to us." Yue Hongsheng said this with a gloomy face.

Chen Jianghai nodded in agreement with Yue Hongsheng's point of view.

"You are right, Qiu Hai will face a very severe test now." Chen Jianghai said.

When Yue Hongsheng heard what Chen Jianghai said, his expression became more solemn.

No matter what difficulties Qiu Hai encountered in the past, Chen Jianghai was always confident.

No matter who his opponent was, Chen Jianghai would never say such discouraging words.

What Chen Jianghai said now shows that he no longer has enough confidence in Qiu Hai.

In fact, Chen Jianghai said this just because he wanted Yue Hongsheng and the others to take him seriously.

As for confidence, Chen Jianghai has never lacked it.

Yue Hongsheng asked in a deep voice: "Mr. Chen, what should we do?"

"What do you think?" Chen Jianghai did not answer immediately, but asked instead.

Yue Hongsheng frowned and pondered for a while, then seemed to have made up his mind. He suddenly raised his head and looked at Chen Jianghai and said, "Mr. Chen, just let foreign companies lower their prices. It's better if we don't follow them in lowering prices."

Under this situation, this was the only solution Yue Hongsheng could think of.

If this is done, price cuts by foreign companies will not be a threat to Qiu Hai.

Foreign companies want to rely on price wars to compete with Qiuhai.

What Yue Hongsheng did was tantamount to not accepting the move.

If Qiu Hai ignores them, they will naturally raise the price after a while.

If foreign companies keep cutting prices, it means losing money.

The purpose of running a business is to make money, and no one will have trouble with money.

If Qiuhai followed the foreign companies in lowering prices, it would be natural for Qiuhai to do what he wanted.

If Qiu Hai pretends not to see this, their price reduction will be meaningless.

Yue Hongsheng's approach seems timid, but it is still a solution.

As long as the foreign company survives this period of time and gives up on its own initiative, Qiu Hai will have nothing to worry about.

The only downside is that Qiuhai may lose most of the Chinese market.

In Yue Hongsheng's view, this is a completely acceptable result.

If the domestic market is gone, we can still win it back.

If the foundation of Qiu Hai is gone, there will really be no way to recover.

Besides, Qiuhai also has an overseas market, so there is no problem in surviving this period of time.

Chen Jianghai smiled slightly: "Hongsheng, do you think we can't win against these foreign companies?"

Hearing what Chen Jianghai said, Yue Hongsheng's heart jumped suddenly.

This matter doesn't seem to be going according to his ideas.

Chen Jianghai's attitude was clear: he wanted to fight with foreign companies and did not want to adopt his opinions.

Thinking of this, Yue Hongsheng suddenly became anxious.

"Mr. Chen, if it were just a single foreign company, we would definitely win."

Yue Hongsheng's brows knitted together tightly, and he shook his head subconsciously, "These foreign companies are obviously united now. We Qiuhai may not be opponents."

Yue Hongsheng told the truth. He hoped that Chen Jianghai would listen to his opinions and give up the price war.

"The battle hasn't even started yet, why do you think we can't win?" Chen Jianghai asked.

Yue Hongsheng immediately said: "Mr. Chen, these foreign companies have been developing for so many years. We cannot be their opponents in terms of funds. If Qiu Hai chooses to confront them head-on, he will use his own shortcomings to touch their strengths."

(End of this chapter)