Extraordinary Genius

Chapter 739: How to Earn It?

Feng Yu noticed that when Steve asked the question, Bill? Gates was also naturally upright, and he seemed very interested in the issue.

“Electronic consumer goods, or some appliances, are my main investment. Well, that versatile super fan, developed by my company, is currently selling well all over the world.” Feng Yu chuckled.

“Can I understand that this super fan windshield is yours?” Steve asked seriously.

“I'm in control. ”

Steve wrote it down and went on to ask, "What do electronic consumer goods mean? Is this all the wind and rain? ”

“That's right, well, that super VCD, it's a storm card, and my company is the world leader in technology in this area. VCD. Haven't you heard? ”

This office, Feng Yu, rearranged himself, used many wind and rain cards and Edward's products, and he hoped that everyone entering his office would notice these by accident. And I'm more used to using my own products.

Is that Feng Woo's?

Steve thought that the VCD was made by the Huaxia government. Didn't he say that Huaxia's generally profitable industries were state owned enterprises?

Is there a misunderstanding here?

“VCD, also a storm card, so the brand value of the storm card is very high, can you tell me how much the brand value of the storm card is? ”

I heard that Huaxia people don't really know what brand value is. Is this too difficult for Feng? But it's not like Forbes magazine hasn't published some rich embarrassment, so as long as it's realistic, it's fine, which makes it even more authoritative.

“Ten billion.” Feng Yu said lightly.

“Von, I'm talking about dollars.” Huaxia people love to use Huaxia coins. Don't you know that the dollar is the most common currency in the world?

“I'm talking about dollars.” Feng Yu looked at Steve strangely.

Steve's a little freaked out. This Feng doesn't really seem to know what brand value is. Ten billion dollars. Do you think you're Disney?

“Von, do you have some misunderstanding? Brand value, not the value of products, factories, etc. under the brand, refers solely to this brand trademark.” In fact, Steve thinks that even with all the products, factories, etc., that storm card is not worth $10 billion!

“Of course I do. Have you ever heard of a wind and rain sign? ”

Steve nodded with a frown: “Yes, I have bought a humidifier. ”

“And you, Bill?” Feng Yu turned to Bill again? Gates.

“I also used a humidifier and bought a leafless fan, it was the only brand at the time, wasn't it? ”

“You've all heard of it, and do you usually pay attention to common brands? This means that our storm cards are already in the hearts and minds, including millionaires like you, are using our products. Our humidifiers, leafless fans, VCDs, etc. are the best in the world, and the patented technology is in my hands. ”

“Although it has not been in operation for a long time, the brand is well known, and even in some areas, it is the No. 1 in the world, and it is still growing. Importantly, he is Huaxia's most famous trademark brand and ranks first. Any appliance that sells well in Huaxia can be trademarked with our Windstorm brand. You think it's a big market for more than a billion people, and it's the number one brand in the world of expertise. Why isn't it worth $10 billion? In a few years, this value will continue to improve! ”

Any appliances that can sell well in Huaxia simply by wearing the logo of a wind and rain sign? If so, isn't that stronger than what Sony and IBM brands are?

But that's a little too much, isn't it? Where is there such a powerful brand?

Feng Yu is really not exaggerated, Huaxia's electronic and electrical brands are really nothing better than wind and rain brand management. What brand is under the wind and rain sign? Edward!

Steve thought about it and didn't dispute Feng Yu's words and decided to ask the next question. But this phrase can be used as a title, claiming to be the owner of a $10 billion brand, so that the magazine will definitely sell!

“Is there anything else? Haven't you made any other investments besides electronics and appliances? ”

“Computer-related industries, Huaxia's largest PC distributor, I have some shares in it. The world's largest software manufacturer, I thought I had some shares.” Feng Yu chuckled.

Steve was very dissatisfied and Feng Yu had been avoiding answers. He still didn't know why Feng Yu could afford so much Microsoft stock.

“Feng, what were you starting out with, can you reveal that? ”

“Humidifiers and leafless fans, by the time my product, had formed a de facto monopoly and had been defended in many states of the United States. But a de facto monopoly isn't against the law, is it? Microsoft's products also have a de facto monopoly in some areas, with no penalties, right? That only proves that our products are the best in the world. These accusations disappeared only after another brand of our Huaxia entered the US market. ”

In saying this, Feng Yu deliberately showed some pride. He's a young man, and if he's too steady, he's definitely uncomfortable. Young people are so young, so proud and indulgent that it meets everyone's expectations and perceptions.

Sure enough, after what Feng Yu said, he saw a bit of contempt in Steve's eyes, and Bill? Gates appreciated Feng Yu's words. That's right, Microsoft is a de facto monopoly, so what, signed an agreement with the government ~ so what, can the situation change? Microsoft is still the leader of the software and systems industry and the best in the world!

“With all due respect, are humidifiers and leafless fans profitable?” Steve asked with a needle of blood.

That's a tough question to answer. If Feng Yu says it's not very high, then Steve will continue to ask how Feng Yu's money was earned. If Feng Yu answered very well, it would be considered a high profit from the monopoly, which had a very negative impact on the brand and even hit the sales volume of the product.

“R&D costs are also high. Do you know how much money we spend on fan angle R&D for leafless fans alone? And how much investment does it take to keep us technology-leading? How much does a top R&D worker get paid? How much does a good manager pay? This can be seen in Microsoft. How much do you think it costs to have that system? But what's the sale price? Do you think it's expensive? Technology and creativity are priceless! ”

Feng Yu dragged Microsoft out as a shield. Microsoft's profits this year could be billions of dollars, but at what cost? Excellent technology, good ideas, etc., some cannot be measured in monetary terms.

Feng Yu answered, very much by Bill? Gates' approval. And Steve, I can't find anything to refute. But the question is... he still doesn't understand how Feng Yu made so much money!