Feng Yu noticed that when Steve asked this question, Bill Gates straightened his body naturally. It seemed that he was also very interested in this question.
"Consumer electronics, or some electrical appliances, are my main investment. Well, that multifunctional super electric fan was developed by our company and is currently selling well all over the world." Feng Yu said with a smile.
"Can I understand that this super electric fan's wind and rain card belongs to you?" Steve asked seriously.
"I control it."
Steve took note of it carefully and continued to ask: "What do consumer electronics refer to? Are they all this Feng Yu brand?"
"That's right. Well, that super VCD is made by Fengyu brand. Our company is leading the world in this technology. Haven't you heard of VCD?"
Feng Yu had rearranged this office by himself, using many Fengyu and Aihua brand products. He hoped that everyone who entered his office would notice these inadvertently. And I am more accustomed to using my own products.
VCD? Is that also Feng Yu’s
Steve thought that VCD was created by the Chinese government. Didn’t it mean that most money-making industries in China were state-owned enterprises
Is there any misunderstanding here
"The VCD is also from Fengyu brand. So, the brand value of Fengyu brand is very high. Can you tell me how much the brand value of Fengyu brand is?".
I heard that Chinese people don’t know much about brand value. Is this question too difficult for Feng? However, it's not like Forbes magazine hasn't published some embarrassing stories about rich people. As long as they are truthful, it will be fine. This will make them appear more authoritative.
"Ten billion," Feng Yu said easily.
"Feng, I'm talking about US dollars." Chinese. I just like to use Chinese currency to measure it. Don’t you know that the US dollar is the most common currency in the world
"I'm talking about US dollars." Feng Yu looked at Steve with strange eyes.
Steve is a little crazy. It seems that Feng really doesn't understand what brand value is. Ten billion US dollars, do you think it's your Disney
"Feng, do you have some misunderstandings? Brand value. It is not the value of the brand's products, factories, etc., it only refers to the brand trademark." In fact, Steve believes that even if products, factories, etc. are added, the Fengyu brand is still Not worth ten billion dollars!
"Of course I know. Have you ever heard of the Wind and Rain Card?"
Steve frowned and nodded: "I heard it, I bought a humidifier."
"What about you, Bill?" Feng Yu turned to look at Bill Gates again.
"I have also used humidifiers and bought bladeless fans. At that time, this was the only brand, wasn't it?"
"You have all heard of it, but do you usually pay attention to some ordinary brands? This shows that our Fengyu brand has been deeply rooted in the hearts of the people, including rich people like you, who are using our products. Our humidifiers and bladeless fans , VCD, etc., are the best in the world, and the relevant patented technologies are also in my hands."
"Although this Fengyu brand has not been in business for a long time, its brand awareness is not small. It is even No. 1 in the world in some fields, and it is still growing. The important thing is that it is the most popular brand in China. A well-known trademark brand, ranking first. Any electrical appliances can be sold well in China as long as they carry our Fengyu brand. Do you think it firmly occupies a large market with a population of more than one billion. And it is number one in the world's professional fields. Why is the brand not worth 10 billion US dollars? In a few years, this value will continue to increase!"
Any electrical appliances, as long as they bear the Fengyu brand. Can it be sold well in China? If that's the case, wouldn't it be more powerful than the brands of Sony and IBM
But isn't this a bit exaggerated? Where can such a powerful brand exist
Feng Yu is really not exaggerating. There is really no better electronic and electrical appliance brand in China than Fengyu Brand. What brand is under Fengyu brand? Aihua brand!
Steve thought for a while and decided to ask the next question without refuting Feng Yu's words. But this sentence can be used as a title, claiming to be a boss with a brand value of 10 billion US dollars. This magazine will definitely sell better!
"Is there anything else? Apart from electronics and electrical appliances, have you never made any other investments?".
"Computer-related industries, China's largest PC manufacturer and seller, I have some shares in it. The world's largest software manufacturer, I also have some shares," Feng Yu said with a smile.
Steve was very dissatisfied, and Feng Yu had been avoiding the answer. He still doesn't know why Feng Yu can afford so many Microsoft stocks.
"Feng, what did you first start your career in? Can you reveal this?"
"Humidifiers and bladeless fans. At that time, my products had formed a de facto monopoly, and I had been sued in many states in the United States. But de facto monopoly is not illegal, right? Microsoft's products have also formed a de facto monopoly in some areas. In fact, there was no punishment for the monopoly, right? That only proves that our products are the best in the world. Later, after another Chinese brand entered the American market, these accusations against us disappeared. "
When saying this, Feng Yu deliberately showed some pride. He is a young man. If he is too calm, it will definitely be very inconsistent. Young and frivolous, proud and indulgent, this is in line with everyone's expectations and perceptions.
Sure enough, after Feng Yu said this, he clearly saw a hint of contempt in Steve's eyes, while Bill Gates appreciated Feng Yu's words. Yes, Microsoft has formed a de facto monopoly, so what? What if it signed an agreement with the government? Can the situation be changed? Microsoft is still the leader in the software and systems industry and the best in the world!
"With all due respect, humidifiers and bladeless fans are highly profitable?". Steve asked sharply.
This question is very difficult to answer. If Feng Yu said it was not very high, then Steve would continue to ask how Feng Yu earned his money. If Feng Yu's answer is very high, it will be considered to be the high profits brought by monopoly, which will have a very bad impact on the brand and even affect product sales.
"The R&D expenses are also very high. Do you know how much money we spent just on the research and development of the fan head angle of the bladeless fan? And we have been working hard to maintain technological leadership. How much investment does this cost? A top R&D personnel How much is the salary? How much is the salary of a good manager? You can look at Microsoft for this. How much do you think that system costs? But what is the selling price? Do you think it is expensive? Technology and creativity, It’s priceless!”
Feng Yu dragged Microsoft out as a shield. Microsoft's profits this year will be several billion dollars, but how much will it cost? Superb technology, good ideas, etc., some cannot be measured by money.
Feng Yu's answer was highly recognized by Bill Gates. And Steve couldn't find anything to say to refute. But the problem is... He still doesn't understand how Feng Yu made so much money! (To be continued.)
PS: The fourth update, there is more in the front, don’t miss it. Recommended forty-five thousand three plus more updates. Thanks to iangbizi, boy99, book friends 1028151750, Legend Is Not Realistic, How Long Can I Remember You*^ ^* and other book friends for their rewards. Next, Feng Yu has to spend money
Chapter 759: How did you earn it? :