Extraordinary Genius

Thomson thought they had a strong sales channel, so this time he announced that he would leave the alliance and that he would not be in a vulnerable position to work with anyone, or even possibly, let Feng Yu take the initiative to come back to the door and join them.

In this way, they can have higher conditions to maximize Tom Sun's benefits. Thomson hasn't made any money in years? Earned, and made a lot of money.

But the money, it was taken out of the dividends, and it fell into the pockets of the shareholders.

Now that Tom Sun doesn't make any money, they don't want to take it out to help Tom Sun get through, because after measuring it, it doesn't seem like a good deal.

To be honest, it's all about profit. They feel that Tom Sun should be able to survive without taking out the money.

As they contacted island companies and waited for windstorm electronics and other initiatives to come to the door, more consumer electronics companies began to contact Thomson and intend to work together.

So Tomson was more convinced that after leaving the Windstorm Electronics alliance, they could develop just as well, just as easily. So when working with other colleagues, they put in a lot of tough conditions, because too many companies want to work with us.

But what they have been waiting for, such as windstorm electronics, has not come back, and they have found that windstorm electronics has many new partners on the European side.

These are not just good credit, but Kirilenko also helped a little. Of course, Philip, an important ally such as Windstorm Electronics, also made a great contribution.

Thomson still thinks it's just a bluff, at least in North America, where consumer electronics are so popular that they can't compete with Thomson.

And they've also learned that the main ones here are the islands, the south, the european, and so on, so to speak, the North American camp? Well, North America's own consumer electronics brand, apart from computers and phones, doesn't rank at all.

In their view, Windstorm Electronics can also work with these non-streaming companies. Will computers and mobile phone brands work with Windstorm Electronics? Working with small businesses will not benefit the expansion of storm electronics, but will instead be implicated by them.

At this time, the economic situation in North America is poor, too many enterprises are bankrupt, such small enterprises are even less resilient to risk, once bankruptcy occurs, sales will not be paid, and storm electronics and so on will suffer enormous losses.

But they ignored an emerging sales channel and were very popular with young people. Young people, on the other hand, are the main buyers of consumer electronics.

Amazon, the world's largest online mall, has a wide variety of products online, surpassing traditional hypermarkets. At this time, Amazon has 23 major categories, selling more than a million commodities online.

In addition, Amazon has acquired a number of online shopping companies over the years in Europe, South America, Asia and so on, with more diversified businesses.

And at the end of last year, Amazon began to offer outsourced logistics services to third-party sellers, making them more popular with users, and many enjoyed this out-of-home shopping experience.

Easy, also a super e-commerce company, although not under Feng Yu, Kirilenko is a major shareholder and can also be one of the great sales channels.

There are also many e-commerce companies, these are the sales channels for Feng Yu's goals. This sales channel is also one that is temporarily undervalued.

But one of the great advantages of this sales channel is that it saves the important cost of over-the-counter rentals and makes the product more profitable.

The product can then lower the selling price to attract consumers.

In the Americas, Europe or Asia, e-commerce websites are flourishing. While many realize the enormous future potential of the industry, it is sad to discover that they do not seem to be able to find a breakthrough.

Because pioneers in the industry have grown into giants, occupying the vast majority of users, leaving them too little room for development.

Unless they can find some new selling points to develop, the best result is being acquired by these top e-commerce network companies.

Amazon and others started out just selling books and then started hunting for other industries. From books to toys, electronics, software to clothing jewellery, beauty supplies, home gardening, sports outdoors, office supplies and consumables, it has even grown to sell mechanical parts.

Many of these businesses were not built by Amazon itself, but by some other e-commerce companies that formed a prototype and were then acquired by Amazon.

Gradually do more with Amazon's large customer base and a good reputation. And Amazon's operating income, in this case, is growing rapidly.

Electronic consumer goods, made by Amazon itself, have gained a better reputation after being sold through Amazon's own brand of e-books.

And Feng Yu is sure that e-commerce will grow faster in the future, as can be seen from Amazon's growth in revenue over the years.

In previous years, it grew at a rate of billions of dollars a year, but in the first half of this year alone, Amazon's operating income is estimated to reach $15 billion this year!

But net profit, maybe a billion dollars or so.

First of all, Amazon's online retail is focused on low-cost strategies, and their profits are much lower than those of supermarkets. And many of Amazon's investments are relatively advanced, like logistics warehouses, and they've invested in building enough for expansion in the next decade or so.

At that time, the other directors of the company objected, but Feng Yu allowed Ralph to express his support. The benefits are also obvious, and Amazon has never been saddened by logistics warehouses to date.

Amazon's net cash inflows are large, but warehouses are equally large. This also allows any user to place an order and will not be unable to buy the product because it is not in stock.

But the reason Amazon's profit is so low is because Bezos invests more in high-tech product development.

For example, cloud services, which is a hunting business for many software companies around the world, Amazon is one of the leading players.

So Amazon's technology investment in research and development is extremely expensive, even more than ancient song companies, fruit companies, etc. This also enables Amazon to provide the best service to its customers and to better capture customers by obtaining all the data they want without relying on other companies.

So with e-commerce companies like Amazon, Feng Yu doesn't care much about the retail channels of Tom Sun, and some of them can develop their own, some look for partners, and others have e-commerce to make up for.

This year's economic situation is so bad, Feng Yu should also improve the market share, product sales and sales of its electronic consumer products brands!

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