Chapter 483 Market Feedback

Chapter 483 Market Feedback
After completing the project for Yushi College, Zhou Jing handed over the signing of the contract and the establishment of special charitable funding for Yushi College by the foundation to the manager of Bowen Network's Yushi branch. Zhou Jing set out for Tangdu at dawn on Tuesday.

The Tangdu branch of Chuangzhi Technology Co., Ltd. has completed its establishment. The company is located in the office building purchased by Zhou Jing in the High-tech Zone. At around 2 o'clock when he arrived in Tangdu, Zhou Jing went to the office building to show his face.

Zhou Jing's license plate number was entered into the office building security system. When the security guard noticed it was the boss's car, he perked up and immediately lifted the barrier and cleared the way. Zhou Jing parked his car on the side of the road where parking was not allowed. The security guard didn't say anything, as Zhou Jing had the final say here.

The name of the office building has been changed. On the roof of the 20-story building, the words "Chuangzhi Technology Building" are particularly eye-catching. In the square in front of the office building, there are many cars parked, including some luxury cars. Urban white-collar workers are coming in and out of the entrance of the office building, a prosperous scene. It can be seen that the economy here is developing well.

The Tangdu branch of Chuangzhi Technology Co., Ltd. is on the 16th floor. Zhou Jing allocated an entire floor of 800 square meters to the Chuangzhi Technology branch to facilitate the subsequent expansion of the branch.

With no one around him, Zhou Jing felt like something was missing.

At the beginning of his business, Zhou Jing was not used to having an assistant around to serve tea, open the door and press the elevator button. As the company grew bigger and his net worth increased, Zhou Jing's mentality changed a little. He wanted to have a "nanny-style" secretary around him, so that the secretary could do things when there was something to do and he could do nothing else. However, it was just an idea. If he was single, he could train a nanny-style secretary. Now that Zhou Jing has a child, it would be beneath his status to be too close to the secretary.

"How many floors are you on?"

There were many people in the elevator, and a young girl in the front said to Zhou Jing who was about to extend his hand.

"16th floor, thank you."

Zhou Jing smiled and said.

"You're welcome." The other person pressed the 16th floor key and turned back to ask with a hint of curiosity: "Do you work at Chuangzhi Technology Co., Ltd."

"Correct."

Zhou Jing nodded.

"Has this office building been bought by your boss?"

The office building was renamed Chuangzhi Technology Building, and it is not difficult for girls to associate it with Chuangzhi Technology Co., Ltd.

Hearing this, everyone else in the elevator looked at Zhou Jing.

"Seems to be."

Zhou Jing said implicitly.

They would never guess that the entire twenty-story building was bought by the twenty-four-year-old Zhou Jing.

“What does your company do?”

“Software development.”

"."

The conversation continued until they reached the 16th floor. After the elevator door opened, Zhou Jing walked out of the elevator and walked through the clean and bright corridor. Suddenly, the bright and spacious reception hall appeared in front of him. The main decoration was white, with the reception desk in the center. On the background wall of the reception desk was the logo of Chuangzhi Technology Co., Ltd. [ideal], and below the logo was [Chuangzhi Technology Tangdu Branch]

On the left and right sides of the front desk are the office halls. Through the bright and wide glass, you can see the scene outside the floor-to-ceiling windows of the office halls.

"Mr. Zhou?"

The girl at the front desk had only seen Zhou Jing's photo, so when she saw him in person she was not sure for fear of making a mistake.

"Is Mr. Zhao here?"

Zhou Jing neither admitted nor denied it, but asked the branch manager Zhao Jie.

"Yes, Mr. Zhao, Mr. Zhou is here."

The girl at the front desk nervously called the manager, thinking that the boss looked younger and more handsome than in the photo.

Hearing that the boss had arrived, branch manager Zhao Jie trotted from the office to the front desk.

"Please come in, Mr. Zhou."

Zhao Jie learned from the headquarters office group two days ago that the boss had come to Tangdu and was ready to welcome the boss at any time. However, the boss was as usual, without any airs, and came to the company in a low-key manner without prior notice.

"No hurry, let's take a look at the company first."

Without waiting for Zhao Jie to lead the way, Zhou Jing walked along the corridor to take a look.

"This is Office No. 1, which is also the reception and human resources department. The room opposite is the finance department, and this side is the administration department and archives room."

Zhao Jie personally acted as a guide, introducing things as he walked. When he passed the reception room, he asked the people inside to get two bottles of water and handed one to Zhou Jing.

"This is the boss of our headquarters. He's so young."

"Although Mr. Zhou is young, he is very capable. He personally solves problems that the company's engineers can't solve. Happy Elimination and Rhythm Master were planned by Mr. Zhou himself. The concept of Bluetooth speakers was also proposed by Mr. Zhou, who mastered the key technology of Bluetooth optimization."

"Wow, that's amazing. Where did Mr. Zhou graduate from?"

"Tangdu Normal University, major in mathematics, self-taught programming."

"It turns out that hard work is worthless in the face of talent."

Everyone in the office admired Zhou Jing. The people recruited by the branch in Tangdu didn't know Zhou Jing, but the people transferred from the headquarters knew something about Zhou Jing's strength.

"There's a restroom down the hallway on the right."

Passing the bathroom corridor, Zhao Jie slowed down.

"How's the preparation going?"

Zhou Jing didn't go to the bathroom and continued walking forward.

"We are getting familiar with the environment this week and plan to start working on the project next week. Mr. Wang Tao has arranged two small and medium-sized projects for us and asked us to take on some more small projects to get the team up and running-in. We have already taken on two projects in the past two days and are discussing a few more."

Zhao Jie reported his work in a simple and clear manner.

"Okay, let's proceed as planned. Although this is a branch office, it is equally important. The first generation of smartphones will be launched this year, and the second generation will be released in the fall of next year. Starting from the second half of this year, this place will be responsible for the main research and development of the second generation of mobile phone hardware, as well as other Bluetooth products, including the research and development of upgrading Bluetooth speakers to smart speakers."

While Zhou Jing affirmed Zhao Jie's work, he also emphasized the importance of the branch.

"Thank you, Mr. Zhou, for your trust. I will strengthen the branch's radio and electronic technical teams as soon as possible."

Zhao Jie was recommended by Wang Tao and personally selected by Zhou Jing. As an excellent student of software from a 985 university, he not only has strong technical skills, but is also good at company management. He was the first to summarize the key points from Zhou Jing's conversation, which is hardware research and development, hardware research and development of electronic products, with radio and electronic technology as the core.

"After the team here is well coordinated, I will find someone to connect with Jiaotong University, XB University of Technology and Tangdu University of Electronic Science and Technology to set up joint research institutes. Just go ahead and do it."

"."

After hearing what his boss said, Zhao Jie became more confident.

Tangdu Jiaotong University, XB University of Technology and Tangdu University of Electronic Science and Technology are the top three universities in Tangdu. Although Tangdu University of Electronic Science and Technology is only a 211 university, its actual level is not much worse than many 985 universities. Zhao Jie himself is a 985 undergraduate, master and doctoral student. If he can jointly establish a graduate school with these three universities in Tangdu, as long as there is sufficient funding, there is no need to worry about not being able to achieve great things.

Zhou Jing had limited time, so after visiting the branch, he asked Zhao Jie to gather everyone in the conference room to establish the branch. As the boss, Zhou Jing of course had to give a speech to express his support for the branch and arouse the employees' enthusiasm for work.

The branch now has a total of more than 985 people, including people in the project team. The most educated person in the project team is a master's or doctoral degree, and the lowest educated person is a second-tier undergraduate. Because the branch needs to do the basic part of the project and background maintenance work, the requirements for programmers are not high. Recruiting a group of second-tier and first-tier programmers can save labor costs.

Upon receiving the notice, everyone in the company immediately went to the conference room.

Zhou Jing's speech was divided into three parts. The first part celebrated the successful establishment of the branch, the second part arranged the branch's short-term tasks, and the third part elaborated on the branch's future tasks.

After finishing his talk, it was almost time to get off work. Zhou Jing did not stay in the company for long and went out to call Bai Xiyao.

Bai Xiyao was at the electronics factory. It was getting late and Zhou Jing couldn't go there, so he made an appointment with Bai Xiyao to meet at a hotel. After Bai Xiyao hung up the phone, she drove to find Zhou Jing.

"How is the Chuangzhi branch going?"

Bai Xiyao is not familiar with software companies and usually does not interfere in the affairs of the Tangdu branch of Chuangzhi Technology. The Tangdu branch of Chuangzhi Technology Co., Ltd. is basically under the charge of Zhao Jie, and Bai Xiyao only serves as a part-time financial director.

“We’ll start working on the project next week.”

Zhou Jing poured Bai Xiyao a glass of mango juice and said.

"The efficiency is very high. Top students do things in an organized way. The Bluetooth speakers are selling well in Yu City, and bosses are calling to place orders one after another."

After wholesale the Bluetooth speakers to retailers, Bai Xiyao asked the Yulin branch of Bowen Network Technology Co., Ltd. to send two people to various electronic malls and electronic product stores on Second Street for research. The feedback received was very optimistic. After customers who purchased the speakers experienced the unique functions of the Bluetooth speakers, they basically would not consider other speakers.

This situation is very representative. If Bluetooth speakers can conquer customers in Yulin City, then other places are no problem. Bai Xiyao can foresee that Bluetooth speakers will bring about a trend after they are fully launched on the market.

Now the electronics factory has fully released its production capacity and is only producing Bluetooth speakers. The existing production line can produce 200,000 to 250,000 units per month.

According to this trend, it will not be a problem to sell 500,000 Bluetooth speakers a month after they are launched nationwide. Based on 300,000 units, the profit per unit is 20 yuan, and the monthly profit is 1 million yuan.

"Proper production of a batch of high-quality speakers."

Zhou Jing was not surprised by this result. If he were the customer, he would choose Bluetooth speakers without hesitation when faced with the choice between Bluetooth speakers and wired speakers. Who would choose wired speakers when there are wireless ones?

“I’m just afraid that imitations will appear soon.”

Bai Xiyao's only worry is that other companies will see this business opportunity and study the Ideal Speaker to pirate it.

"Don't worry, just keep optimizing. In terms of Bluetooth technology, Chuangzhi Technology Co., Ltd. is not inferior to any other company. We will look for an opportunity to acquire another electronics factory."

Zhou Jing is only worried that production capacity will not keep up.

It is impossible for Ideal Electronics Factory to only produce Bluetooth speakers. In addition to Bluetooth speakers, the products currently under development include Bluetooth microphones, Bluetooth headsets, Bluetooth printers, home monitoring equipment, electric toothbrushes, etc. The expansion project of the electronics factory is unlikely to be completed this year, and the expansion of the production line in the current factory area will not be completed until the third quarter.

Ideal Electronics Factory will start producing traditional mobile phones in late March or early April, and will produce smartphones in the third quarter. By then, it will have no production capacity to make Bluetooth speakers.

The best way to quickly solve the production capacity problem is to acquire an electronics factory.

"No problem. I wish I could live in an electronics factory every day now."

Bai Xiyao is also considering acquiring an electronics factory to solve production capacity issues.

"It's no use living in the office. Technical problems are not something you can solve."

Zhou Jing smiled and said.

"That's not necessarily true. I'm good at both software and hardware. It's hard to negotiate prices with foundries in the south, so I'm going to try out an electronics factory in Tangdu. I'm currently investigating Huatian Technology and Keda Technology."

Bai Xiyao was just talking about it, her level was nothing compared to the company's professional and technical personnel.

"Okay, is it complicated to zone our expansion project?"

What Zhou Jing is most concerned about is expanding his electronics factory as soon as possible.

"It's quite complicated. We need to do various evaluations. Once the first batch of sales data of Bluetooth speakers is compiled, it will be easier to tell."

The evaluation of relevant units in Tangdu mainly focuses on the development potential of Ideal Electronics Factory and the industry situation in Tangdu. Electronic product manufacturing is not Tangdu’s advantage. If it does not have its own brand products and is just a foundry, the evaluation will be stricter. Relevant units must give priority to the balance and stability of Tangdu’s electronic manufacturing industry.

"Then just wait!"

Zhou Jing didn't want to ask his father-in-law for help. There was no need for this and it wouldn't take more than a month or two.

After having dinner with Bai Xiyao, Zhou Jing returned to the car and gave Bai Xiyao the project information of Yulin Branch of Bowei Network Technology Co., Ltd.

"It has to be you."

Bai Xiyao looked through the project information of Yushi College. The branch manager had been discussing it for several days without any progress. Zhou Jing stepped in and got it done after just one discussion.

"The Yushi Education Foundation will provide 300 charitable grants to Yushi College every year starting this fall, with each grant worth 3,000 yuan."

"The project leader of the college is also very smart. He knows that we have an education foundation in Yu City." Bai Xiyao rolled up the project materials and patted his thigh and said, "The electronic factory's online store will open tomorrow. If the online sales are good, there is no need to go to other places to promote it. There should be agents who will contact us on their own initiative."

"Today, an agent in Yu City contacted our company. He said that we can add a little to our normal wholesale price, but we can only sell it to him in Yu City. How do you think?"

Bai Xiyao looked at Zhou Jing and smiled.

"It's too troublesome. Online shopping is becoming more and more popular, and the Internet is becoming more and more popular. Ordinary people have faster channels and efficiency to obtain information. This model has no future. In addition, the chaotic prices of retailers are not conducive to building brand image and brand power. After the launch of smartphones, all our products will no longer be wholesaled to retailers. At that time, the only sales model will be offline stores and online sales."

"Online sales are divided into official website stores, cooperating with other e-commerce platforms to set up online official self-operated stores and official flagship stores, and offline stores can also register online stores."

The conditions offered by the agent were quite tempting, but Zhou Jing did not consider them.

Zhou Jing has a long-term vision and will not make decisions that are detrimental to the long-term for the sake of a little immediate benefit.

"Yes, your thinking is really clear. Listening to your words is worth ten years of reading."

Bai Xiyao originally thought that wholesale to agents was a good choice, but after listening to Zhou Jing's words, she realized that she was still narrow-minded. The sales method Zhou Jing mentioned can establish the brand image to the greatest extent. If retailers and agents are allowed to mess around, they may make more money in the short term, but the brand will look like a miscellaneous brand. The most important thing is that they cannot provide consumers with a unified and transparent reference price, so things will get hot and cold quickly.

"Bluetooth speakers are being sold wholesale to retailers for the time being, but will no longer be sold wholesale to retailers starting from the fourth quarter."

If it weren't for the need to quickly penetrate the market, Zhou Jing would not wholesale to retailers.

"OK."

Bai Xiyao had no opinion and did whatever Zhou Jing said.

(End of this chapter)