Give up cooperation with Procter & Gamble?

You know, how much effort did Yang Fei put into the fight for cooperation with Procter & Gamble?

Give up now?

"It is easy to break off cooperation with Procter & Gamble, but we have not yet established our own factory in the United States. What should we sell it?" Yang Fei said.

"Do we want to take the lifeblood of the product into P&G's hands?" Chen Mo asked back.

Yang Fei was stunned and pondered: "It's not that I don't want to build a factory, but now the sales are not opened at all, so the cost of building a factory is even higher."

Chen Mo said: "Yang Fei, are you still planning to withdraw from the US market?"

Yang Fei said: "Of course I don't want to quit. I'm here, but I never thought about leaving."

Chen Mo said: "Since that's the case, why do you leave yourself so many ways to retreat?"

Yang Fei said: "I'm not leaving a way out, I just want to walk more steadily."

Chen Mo said: "I didn't know you before. Recently, when reporters from Jun Soo-yeon interviewed you, I learned about your past. After you made your first pot of gold, you immediately built your own factory instead of looking for someone to produce. At that time, you were full of vigor."

Yang Fei was stunned again.

Yes, Yang Fei was less than nineteen years old five years ago!

At that time, he never thought of finding someone to work in order to be safe. He just wanted to build his own factory as soon as possible and produce his own products.

Building a factory is Yang Fei’s belief!

And he succeeded.

Five years later, he was a little older, but in his best years, he went abroad to work hard, but began to be timid.

Chen Mo said: "You are not someone who can't afford to lose money. You just said that you have prepared a billion to invest in the market. If that's the case, why don't you build your own factory in the United States?"

Yang Fei pondered.

His original meaning was to lay eggs with Procter & Gamble first, and after opening the market, he would build a factory and produce products by himself.

But Chen Mo's words opened another window for him.

Chen Mo said: "After we came to the United States, our main job was to coordinate the affairs with Procter & Gamble. I think Procter & Gamble's channels are not keen on selling our products. Although the quality of products entrusted to their factory OEM products is acceptable, there is still a certain gap compared to their own brands. Even if we send supervisors and there are random inspections, they will still do their own way."

Yang Fei nodded slowly, he had expected this before.

The relationship between Meili Group and Procter & Gamble is both a cooperative relationship and a competitive relationship.

Yang Fei has read the quality inspection report and found that the white products produced by P&G OEM are of good quality, which is no different from the products produced by itself.

Falsifying product quality should not destroy the signature so much.

But one thing is that white products and P&G products have a huge gap in packaging in the United States.

Objectively speaking, P&G's product packaging design is more in line with the tastes of Americans.

As for the channel, Yang Fei believed Chen Mo's words were right.

P&G's own channels cannot be too careful in selling white products.

Before Yang Fei came to the United States, he once made a bold statement that he could sell as much as P&G produced.

But in the past three months, the facts have ruthlessly slapped Yang Fei in the face.

Yang Fei, who was smooth sailing, encountered unprecedented pressure and setbacks in the United States.

Countless thoughts flashed through Yang Fei's mind. He took a deep breath and said to Chen Mo: "You are right. We should have the determination to fight with our backs and the courage to burn our boats!"

Chen Mo said: "Yang Fei, difficulties are temporary, white products are excellent, we have all used them. The American people will definitely like them. No matter what, we will support you, and you will eventually see the rainbow after storms."

Yang Fei smiled and said, "And it's the American rainbow!"

Chen Mo said: "The United States is the world's largest economy. If our products can conquer here, it means they have gained recognition and success in the world."

Yang Fei said: "The road to internationalization is bumpy."

Chen Mo stretched out his right hand, gently placed it on his palm, and said, "There are tens of thousands of people behind you who are following you for a living. Yang Fei, we cannot lose this battle in the United States."

Yang Fei was excited and told himself not to be decadent or cringe!

The two of them touched their palms and their eyes met.

"Yawn! What are you doing if you don't sleep so late?" Ning Xin woke up at some point, standing at the door with a confused look on her face, rubbing her eyes.

Chen Mo retracted his hand like an electric shock, as if he had been seen by someone, blushed and embarrassedly flirted with her hair.

Yang Fei said calmly: "We are discussing the group's development strategy."

When Ning Xin heard this, she lost all sleepiness and smiled and said, "Then why don't you call me up?"

Chen Mo said: "Ning Xin, you may not know that the group has lost 200 million yuan in three months of development in the United States."

They were doing secretary work, only doing specific things, and did not interfere much in finance, so they did not know that the group was losing so much.

Chen Mo was shocked and covered his mouth lightly: "Two million? So much! Oh my God, 200 million is enough to buy a house and a car?"

Chen Mo said: "You know how to buy and buy! Think of a solution!"

Yang Fei smiled and said, "Ning Xin is right. If you don't want to work hard, investing in buying a house is a good choice."

Chen Mo said: "Investing in a house? Is it a good choice?"

Yang Fei said: "There is a group of people who focus on real estate speculation, which is the same as stock speculation. They look at certain communities and real estate projects based on their perspectives, buy dozens, hundreds or even thousands of houses in advance, and wait until the house prices soar, and then sell them at a high price to earn the intermediate price difference."

Chen Mo said: "Focus on real estate? Can you become a monetary like you?"

Yang Fei smiled: "There are some people who can become billionaires."

Chen Mo said: "How high is the proportion?"

Yang Fei probably knows this ratio.

In later generations, a list of rich people once conducted statistics. There are about 90,000 people in mainland China with assets of over 100 million, and about 10,000 people with assets of over 1 billion.

Most of these billionaires are business owners, real estate speculators and professional stock investors.

Among them, the proportion of business owners is the highest, and 75% of billionaires are business owners.

The next is real estate speculators, which mainly refer to people who invest in real estate and own several properties, accounting for 15%.

Professional stock investors, that is, professionals engaged in financial investments such as stocks and futures, account for 10%.

It can be seen that the easiest, quick and painless way to become a billionaire is to speculate in real estate.

However, with the arrival of the severe winter of housing market regulation, it is gradually becoming unfeasible to get rich by speculating on housing.

From which aspect, business owners have a greater chance of becoming billionaires and are more secure.

Yang Fei waved his hand and smiled: "Let's discuss the development of Beauty Group in the United States!"

He said to Ning Xin: "You are here just in time. Take paper and note. I have a few thoughts. Now I think about it, I am afraid I will forget it tomorrow."

Ning Xin quickly said ok, went back to her room to change her clothes, and brought her paper and pen.
Chapter completed!