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Chapter 181: Bringing Computer Prices Down to Below 2000! (Part 2/2)
“Money isn’t everything. But since the other party has chosen to advertise, I guess Li Feng Network must have made a good profit. After all, with so many online users on the UU chat software, they certainly wouldn’t miss out,” Tang Feng said.
“You’re right! I met with President Ma a few days ago, and he even apologized to me,” Zhu Zihang mentioned.
“It’s normal for everyone to have different interests. But you don’t need to worry, the return on investment in advertising isn’t high right now. Yiwugo has spent so much money but might not gain many new users. Moreover, in terms of user experience, Jianbao Network is superior,” Tang Feng explained with a smile.
“That makes sense. After all, Jianbao Network was created by you. Yiwugo can’t even imitate it if they wanted to. Once users experience Jianbao Network, it’s hard for them to switch to Yiwugo. That’s why many employees don’t understand why Jianbao Network doesn’t adopt a charging model. That way, we could profit from it now,” Zhu Zihang mentioned.
“A charging model is very unfriendly to many users. If we adopt a charging model now, what do we do if another shopping website comes out and offers services for free?” Tang Feng questioned.
“We’ll cross that bridge when we get to it,” Zhu Zihang responded.
“That sounds simple. Turning a big ship around is difficult, do you know how those big companies went bankrupt? They collapsed because the initial burden was too heavy, and the investment was too large, so they couldn’t make decisions quickly. After all, switching from a charging to a free model would definitely lead to a short-term drop in profits! It might even result in falling from the industry leader to second or third place! Therefore, we must block competitors from the start! Raising the industry’s threshold seems low with free services, but it’s actually the highest! After all, any competitor wanting to enter the industry would have to pay a hefty price,” Tang Feng elaborated extensively.
“That’s also true. Since we’re offering services for free, it would be difficult for others to follow our path even if they wanted to,” Zhu Zihang nodded.
“Don’t always think about making a quick profit. No matter the industry, if you’re always thinking about quick profits, it’s difficult to last long. To build a century-old company, the first thing to abandon is the quick profit mindset. As long as we maintain a thin, stable profit in an industry, accumulating over time can also amount to a significant figure,” Tang Feng spoke earnestly.
“The quick profit mindset is indeed something every entrepreneur has. After all, everyone’s capital isn’t abundant, and to quickly accumulate capital, quick profits are necessary,” Zhu Zihang sighed.
“It’s the internet era now, and entrepreneurs need to change their mindset. Anyway, that’s my view. Maintaining long-term stable low profits is most important. The money earned can be continuously invested in R&D, rather than always trying to pocket it,” Tang Feng laughed.
Zhu Zihang nodded.
“Boss, I must say, your thinking is indeed ahead of its time. But, for a genius like you, having such a mindset is not surprising. I believe it won’t be long before computer prices come down,” Su Ming said.
“Computer prices have already dropped quite a bit. Once computer storage goes into mass production, the price will drop further. Of course, to bring computer prices to the lowest point, full domestication is necessary,” Tang Feng stated.
“Based on your prediction, how much would a computer with mainstream specifications on the market ultimately sell for?” Zhang Hao asked with interest.
“Below 2000 yuan,” Tang Feng answered.
“Ah?” Hearing this price, Su Ming and the others were shocked!
After all, the current price of a computer is easily five or six thousand!
If the price can really be brought down to below 2000, it would be affordable for many families.
“Boss, that price is too aggressive! If it really drops to below 2000, I guess half of the college students in the country would buy their own computer,” Zhu Zihang said.
“2000 yuan, even in my hometown, is about two months’ wages. If it can really be this cheap, many parents would buy it for their children,” Su Ming said.
“Definitely! I remember many years ago, when we installed a landline phone at home, it also cost a lot of money. Now, with the widespread use of mobile phones, many families have already cancelled their landlines. If computer prices come down, they will definitely enter thousands of households quickly,” Zhang Hao said.
“Desktop computers are just the beginning. Once desktop computers are domesticated, I’ll have the current team start developing laptops. By then, everyone can carry laptops when they go out, making both studying and working very convenient,” Tang Feng smiled.
“Boss, your ambition is really big! It seems it won’t be long before I can upgrade from a desktop to a laptop,” Su Ming became excited.
“My ambition goes far beyond this. I hope to quickly lead China to the forefront of the world in multiple fields! I believe the vast majority of Chinese people will benefit from it,” Tang Feng’s eyes were filled with hopeful light.
“Boss, you really think big! Anyway, I’m following you for the rest of my life! I want to make something of myself! I want to bring honor to my family and make them proud,” Zhu Zihang’s emotions were uplifted by Tang Feng.
“Me too!” Su Ming and Zhang Hao exclaimed in unison.
“As long as you manage Jianbao Network well, bringing honor to your family won’t be a problem! Once you make money, you can invest back in your hometown! Do charity work! I believe the people back home will be proud of you,” Tang Feng told Zhu Zihang.
“You two, your main mission now is to study diligently! If you have any ideas, feel free to tell me. I’ll provide the greatest support I can within my capabilities,” Tang Feng told Su Ming and Zhang Hao.
“We will definitely work hard!” The three of them nodded in unison.
At that moment, Su Xiaoli and the others returned from the supermarket.
“What were you guys talking about? Why does everyone seem so energized?” Su Xiaoli laughed and asked.
“We were discussing the future,” Tang Feng answered.
“No wonder. We also had a grand vision for the future on our way here. We hope to make our investment company the largest in the world!” Su Xiaoli said.
“Being the largest isn’t enough; it also has to be the best,” Ning Xiao added.
“Easier said than done! My advice for you four is to manage different investment sectors. This way, you can become more professional in your investments. If you try to cover everything at once, you’re likely to make significant mistakes,” Tang Feng cautioned them.
“We were thinking the same thing,” Su Xiaoli nodded, saying, “To achieve the ultimate in specialization.”
“Let’s go cook! We can eat soon!” Yu Li suggested.
The group went to the kitchen.
Tang Feng and the others didn’t idle around either.
They cleaned the entire villa, inside and out.
After all, it had been half a month since they last stayed there, and it really needed a thorough cleaning.
———-
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Moofie[Translator]
Just a college student that loves reading novels~!