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Chapter 901 - 894 Complaints Triggered by Price Increase
Chapter 901: Chapter 894: Complaints Triggered by Price Increase
Chapter 901 -894: Complaints Triggered by Price Increase
Wang Tao asked, “Dr. Xu Yang, what do you think we should raise the price to?”
“If America imposes a 200% tax, we’ll raise ours by 400%!” Xu Yang exclaimed loudly.
“Four times?”
Wang Tao was taken aback. He knew that their current drone model was already very popular in America, and if they increased the price fourfold, they might not sell even one!
Wang Tao said to Xu Yang, “Dr. Xu Yang, don’t you think a fourfold price increase might be a bit steep? A domestically produced drone is roughly priced at a thousand US dollars, and ours is priced at twelve hundred US dollars. If we raise it to four thousand eight hundred US dollars, that could be problematic!”
“That’s so low!” Xu Yang was immediately stunned upon hearing this.
He knew when he initially developed the Longying Fighter, one could sell for a hundred billion to the Saudi alliance!
The methods he used to handle these drones came from the Longying Fighter!
And such a flying apparatus only needed around a thousand US dollars, which translates to slightly over six thousand in renminbi!
That price is way too low!
Upon hearing Xu Yang speak like this, Wang Tao’s face immediately darkened. Before he had a chance to say anything, he heard Xu Yang muttering into his phone.
“Four thousand eight hundred, do you want to raise the price? Ten thousand US dollars!”
Wang Tao was left speechless.
“Dr. Xu Yang, 4800 US dollars is enough. Let’s not raise it any further! Let’s first see how the market reacts,” he said.
“Alright! Increase it fourfold, and if they take any other actions, let me know!” Xu Yang replied.
“Understood! I got it!” Wang Tao replied.
Wang Tao quickly ended the call, genuinely fearing Xu Yang might impulsively raise the price to ten thousand dollars on the spot!
Wang Tao sat in his chair and touched his own cheek, trying to calm himself down. Xu Yang’s actions had left him completely stunned!
He even started to question whether giving Xu Yang the largest share of the stock in the beginning was the right decision.
Xu Yang indeed had formidable research capabilities, but Jianghe Company was a business, and everything was for the sake of making a profit, for survival!
However, since Wang Tao had agreed, he would see it through!
“President Wang, why have you come? It’s time for the meeting! All the senior executives are waiting for you in the meeting room,” his assistant told Wang Tao at that moment.
“Alright, you may go now,” he replied.
After saying that, the secretary left the room.
“Ah!” Wang Tao sighed with a sense of helplessness and then stood up, heading toward the meeting room.
Jianghe Drone Combat Center!
“What? Increase the price fourfold?”
Upon hearing President Wang’s intention to quadruple the price in the American region, the group of executives was immediately shocked!
“A fourfold price is five thousand US dollars! And domestically in America, the price is only one thousand US dollars, so I bet no one will buy our Jiang-style drones!” one of them said.
“Exactly! They want us to increase prices to lose our competitive edge internationally and be forced to leave the American region,” another chimed in.
“We can’t let the Americans set the pace!”
“President Wang, are you clear about this price?” one queried.
Wang Tao looked at these executives’ reactions, which were exactly as he had expected.
Although he knew Xu Yang’s choice, he was still taken aback because he knew this meant they would lose a huge market in America.
“This matter is decided by the major shareholder, there’s nothing we can do!”
Wang Tao exclaimed!
Wang Tao had already told them, 51% of Jianghe’s shares had been transferred!
And as the 51% major shareholder, with one vote, Wang Tao’s words rang in their ears. Everyone wisely chose to remain silent.
After the meeting, Jianghe Company, following Xu Yang’s instructions, quadrupled the American’s bid.
Leaders of the American UAV company, upon receiving the news from Jiang Cheng, immediately scoffed at Jianghe Company!
“Is there something wrong with Jiang’s UAVs, raising the price by forty percent, making the selling price five times higher! If they can actually deliver these things, I’ll eat shit head down!”
“This is so funny, they even dare to raise the price, it’s just asking for death, hehe!”
“We Americans are indeed formidable, reducing a competitor in such a way!”
And upon witnessing this scene, when the price of America’s “Big River” UAVs suddenly quadrupled, they laughed even harder, mocking the notion as suicide!
The price hike of Jianghe’s UAVs was within their expectations.
But they never anticipated the prices would rise so swiftly.
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At such a price level, the market won’t accept it, only elimination awaits!
Therefore, as long as the Americans can patiently wait for “Jianghe” from the big agricultural nation to bow out, the domestic “Jianghe” will take over the entire world’s share.
Indeed, following this price hike, Jiang Qi’s sales in the Americas significantly dropped, with former customers complaining en masse, condemning Jiang Qi online!
“Jianghe UAVs from the big agricultural nation are truly infuriating, daring to quadruple their prices just by leveraging their autonomous driving technology, do they think we’re fools!”
“Such an unethical company should be expelled from America!”
“Ban Jianghe Company, if I buy it again, I’ll wash my hair standing on my head!”
“Kick Jiang’s UAVs out of America!”
“As for this price increase, it’s our country’s customs that applied the tariffs first! In the end, all of this is because of us Americans.”
“Sure, they can increase tariffs, but they shouldn’t raise prices, right? No matter what, raising prices is wrong! We’ll definitely deal with Jiang’s UAVs properly!”
Two weeks later, at the international headquarters of Jianghe in the big agricultural nation, inside the conference room for unmanned driving!
Wang Tao gave a brief speech at the meeting, followed by self-introductions from heads of various regions!
Xu Yang gave them a great help, finding a very good solution.
This new product, upon launch, could dominate any UAV company in the market, with profits soaring!
Once everyone had spoken, only Liu Tie, the American manager, remained.
Seeing Liu Tie, the smile on Wang Tao’s face disappeared, replaced by worry.
“Liu, can you tell us about the development of our Jianghe in the Americas region?”
As soon as they discussed the plight of their Jianghe in America, the executives all looked at Liu Tie, and the once lively atmosphere instantaneously went silent as a graveyard!
After these two weeks, they were all too familiar with the situation in America.
Their Jianghe UAVs’ sales in the Americas had plummeted!
The person in charge of the American market, Liu Tie, gazed at the worried faces of the crowd, and made a joking remark!
“No matter what, everyone seems happy, but I am distressed.”
“Director Ma, don’t strain yourself, I already told you, in America, the prices won’t rise. The Americans increased our taxes, but with our current profitability, we should be able to sustain about a year. We have sufficient funds to deal with this situation!”
“I agree with Director Ma’s suggestion, even if we need to raise prices, it should not exceed the original twenty percent. If our controlling stake increases fourfold, wouldn’t our company be pushed to a dead end?”
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