Heavenly Tech
Chapter 428

Have you fried your brains?

1,870 words•6 min read•0 views
8d ago•

How could Shen Bing not understand Fang Yuanming's concerns? He already had a plan in mind. "It's simple. Before you announce that you'll accept returns, Phantom Vision Company should issue an announcement saying that, because of the imbalance between supply and demand for Phantom Vision TVs, all products will be subject to purchase limits. At the current price, each customer can buy only one. Anyone who wants additional units will have to pay fifty percent more than the original price. For the forty-two-inch S-Type Phantom Vision TV, the increase will be a full hundred percent."

Fang Yuanming looked utterly bewildered at first. What kind of move was that?

But his mind worked quickly, and he immediately realized what Shen Bing was trying to achieve.

"That's a brilliant idea!" Fang Yuanming praised him at once. "You really do have tremendous confidence in Phantom Vision TVs."

Shen Bing smiled. "My company developed the product. If even I don't have confidence in it, who will?"

"All right," Fang Yuanming said immediately. "I happen to be with Mr. Ding right now. Once I've discussed it with him, we'll get straight to work."

"Handle it as you see fit," Shen Bing said. "Your company can cover the funds needed for the refunds internally. When the time comes, Nancy Group can take sixty percent of the additional profits from the price increase."

"Now that sounds good!" Fang Yuanming chuckled and readily agreed.

In truth, Fang Yuanming understood the risks perfectly. If all two hundred thousand Phantom Vision TVs were returned, the refunds would total as much as three billion yuan. That was real money they would have to pay out.

If Shen Bing failed to resolve the negative impact of the Phantom Vision TV explosion, those three billion yuan might well go down the drain.

But

End of Chapter
Prev
NovelSummaries
Next

Explore the wiki