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Chapter 76 The Second Southeast Asia Dealer Conference

July 5th, Peninsula Hotel.

This time, Honor Electronics held the Southeast Asia Dealer Conference much more grandly than last time. It directly rented a hall at the Peninsula Hotel instead of holding it directly in the large conference room of the factory like last time.

More dealers came this time than last time. After all, claw machines are different from arcade machines. At that time, some people still had doubts, so some people did not come.

But this time we were selling arcade machines, and I heard they were not pirated, so many people were interested in coming to check them out.

However, whether it was a dealer who came here last time or a dealer who came here for the first time, they all felt the pride of Honor Electronics.

First of all, the Peninsula Hotel is well-known not only in Hong Kong, but also in the whole of East Asia. In addition, the red carpet was paved, beauties in flag attire greeted the guests and led the way, and the venue was also decorated with flowers, which made them feel very novel and valued.

"Old He, how late are you here?"

"Speaking of human words! You haven't even graduated from middle school and you're still dragging out your essay in front of me."

"Isn't this catering to a cultural person like you? Haha..."

"Speaking of which, Fatty Wang, why are you here this time?"

"Didn't you hear about the arcade machine being sold this time? Come and take a look. Besides, you made a lot of money from the claw machine last time. When I realized what I was doing, I could only drink soup. I might not come back this time.

I can’t even drink the soup.”

This old He is the boss of the last dealer meeting, a large dealer in the Xingma area. He was the first to have the courage to place a large order for the claw machine, so he also received generous returns.

As for Fatty Wang, he is also a distributor of Xingma, but unlike Boss He who inherited the family business, he truly worked his way up from the bottom, so his channels are not as wide as Boss He.

The two have been fighting for almost ten years. In fact, it was Boss He who was mainly suppressing Fatty Wang, but he was very resilient and became stronger with each fight.

This made Boss He admire him a little, so he took the initiative to shake hands with him and make peace. Gradually, the two of them became friends, but they still have to fight in the mall.

"Old He, what do you think of Honor Electronics' products this time? After all, they created them themselves this time. It's not like they directly pirated market-tested games before. I think we have to be more cautious."

Boss He looked at Fatty Wang's serious look and replied seriously:

"You really have to be careful, otherwise you might end up throwing it into your hands. Arcade machines are much more expensive than claw machines."

The two chatted seriously for a while, and then the meeting began.

Lei Yunrong did not take the stage in person this time, but Wang Fangyu hosted it. After all, he was responsible for everything from the invitation to the current dealer conference.

Of course, the last moment of showing his face must be left to him. Besides, Lei Yunrong is now a rich man with a net worth of one billion Hong Kong dollars, so it is better to be behind the scenes.

“I am very excited and grateful to see that so many of you are honored to come to our Honor Electronics dealer conference. You should all know me. After all, I invited you here one by one. But I will introduce myself again.

My name is Wang Fangyu, and I am the vice president of Honor Electronics. Today I am here to introduce our products to you."

After saying that, Wang Fangyu didn't waste any more words and directly asked someone to move an arcade machine and place it on the stage.

"This is an original arcade game developed by ourselves, so we don't have to worry about any risks in the future. This game is called Xiangjiang Cube. Its gameplay is relatively simple. It has seven types..."

Wang Fangyu introduced the game in detail and finally said:

"This game is both educational and interesting. Our own employees can't stop playing it. We are also confident that this game will not be worse than Atari's games, or even better."

"Mr. Wang, you have said so much and you haven't mentioned the price that we are most concerned about!"

Wang Fangyu smiled when he heard this and said:

"It seems that Mr. Liu is not the only one. Everyone should be more concerned about this pricing issue, so I won't give in. The ex-factory price of our Honor Electronics arcade machine is US$2,500 per unit."

When Wang Fangyu said the price, everyone was in an uproar. Li Zhihua, who was sitting next to Lei Yunrong, also asked in surprise:

"Ah Rong, is this arcade machine so expensive?"

"No, this leaves room for bargaining. Our bottom line is two thousand dollars per unit."

“That’s still too expensive!”

"Brother Hua, you underestimate the public's enthusiasm for games, and you also underestimate the strength of these people. Believe it or not, if I insist on not lowering the price for 2,500 US dollars, they will still purchase in large quantities, but this way their profits will be reduced.

If it’s less, it won’t arouse their enthusiasm for selling, and in the end it will affect our shipments, so we set the price a little lower so that everyone can make money.”

"Arong, tell me the truth, what is your cost?"

"Keep it secret! Haha..."

Li Zhihua also laughed. After he asked, he felt a little abrupt, but fortunately Lei Yunrong debunked it with a joke.

"Mr. Wang, this is too expensive. Even Atari's genuine game console only costs 2,500 US dollars, and this is still the CIF price. Your ex-factory price is so high, we have no profit at all."

"Yes, Boss He is right, we can't make any profit at this price."

"..."

Looking at the voices below that expressed disapproval of the price, Wang Fangyu didn't care and said with a smile:

"Everyone, please be patient. In order to thank everyone for their trust, Mr. Lei from Honor Electronics has specially given a discount. If you order now, each arcade machine will cost US$2,200."

“It’s still too expensive!”

"Mr. Lei, please be more generous!"

The dealers still felt that this price was too expensive. After some debate, they finally settled on two thousand dollars per unit. Wang Fangyu seemed to have made up his mind and reluctantly said:

"Then it's two thousand dollars per unit. No more bargaining. If I quote this price, I don't know if I will be scolded by Mr. Lei."

Lei Yunrong in the audience looked at Wang Fangyu's exaggerated acting skills. Lei Yunrong wanted to laugh a little. He was much worse than those live broadcast anchors in later generations.

However, everyone was obviously acting, so no one exposed anyone. Two thousand US dollars per unit should indeed be Honor Electronics’ bottom line. They were also satisfied with the price, so they no longer had any objections.

"We don't have much inventory now, only more than 2,000 units, so order as soon as possible."

"Mr. Wang, I want two thousand units!"

"Boss He, you want to eat shit. You want to eat most of it by yourself. Do you think we don't exist? Mr. Wang, I want to order two thousand units!"

"Thank you, boss. You have such a big appetite. Don't get choked."

"Don't worry, you won't be choked. Our Chia Tai Group has such a big appetite."

"It blows your mind, Chia Tai Group is amazing!"

"In Thailand, we are really amazing."

Fatty Wang felt a little confused when he saw Boss He, who had always been a bit gentle, quarreling with others like a shrew, but then he became angry.

What about caution?

Why do I suddenly have a huge appetite now?

Fatty Wang suddenly realized that he had been tricked by Boss He. The words he just said were meant for him.

But Fatty Wang completely forgot that when he advised others to be cautious, wasn't he also trying to paralyze them?

If Boss He knew what Fatty Wang was thinking, he would definitely say with contempt:

After fighting for so long, who wouldn’t understand who?

Who is coming here to attend a dealer conference, and who wouldn’t arrange for someone to come over in advance to learn about the Xiangjiang Cube game?

Do you think you are the only one who will arrange for someone to come over in advance?

"Mr. Wang, I want all the goods in stock and pay on the spot!"

"Fat Wang, have you asked me if you want to take all the spot goods? Besides, do you have so much money?"

"Now you don't have to worry about it anymore."

However, Fatty Wang's words not only aroused dissatisfaction with Boss He, but also others were unhappy with him being so arrogant and responded in various dialects.

Seeing everyone's enthusiasm, Wang Fangyu said happily:

"Don't argue for now. You can place an order first. In the end, our stock will be distributed to everyone in proportion to their respective order quantities. We will produce and ship to everyone as soon as possible."

After hearing Wang Fangyu's plan, no one had any objections. After all, no one wanted to let it go. In the end, they could only speak based on their strength.

"Ah Rong, it seems that you really got it right. These people are really enthusiastic."

"Of course, the main thing is that our products are good!"

"Ah Rong, then you have to leave more goods for us. This time I will devote all my energy here."

It can be said that Lijia made a fortune through the last cooperation with the claw machine. This time Lei Yunrong launched the arcade machine again, and they were also very interested.

So they set up a trading company to be responsible for the distribution of Honor Electronics in Bay and Maple Leaf Country.

That's right, this time they want to capture the market in Maple Leaf Country as well, after all, the Li family is also deeply involved there.

This trading company is headed by Li Zhihua.

Lei Yunrong is also happy to see the success of this. After all, Lei Yunrong has troubled the Li family many times before and they have done things beautifully, so he fully supports them in setting up this trading company this time.

"Brother Hua, don't worry, we will complete your order first. How many units do you want to order first?"

"Let's order two thousand units first. The channels in Maple Leaf Country haven't been completely sorted out yet. Let's settle the market in Wanwan first."

"No problem, I'll give you a thousand units first."

"What should I do if you give me those people? They will definitely not be willing to do it at that time. Ah Rong, I can just go as normal here."

"Don't worry, these one thousand arcade machines are specially reserved for you, they are not included in the two thousand or so machines."

"In that case, I won't be polite."

While various dealers were rushing to buy goods, Lei Yunrong and Li Zhihua left the hall first. After negotiating with Li Zhihua, he also waited in a room for Wang Fangyu to report the situation.

However, the wait lasted nearly two hours. Li Zhihua left after spending more than an hour with Lei Yunrong. Now he needs to be involved in everything to establish a new company, and he has been very busy recently.

But seeing Wang Fangyu come in with a happy face, Lei Yunrong felt that the waiting time was nothing at all.

"Lei Sheng, we are very busy now. They have placed an order for 12,000 claw machines in total in Southeast Asia, which is more than the first time they ordered claw machines."

"Okay, all the hard work during this period has finally been in vain."

"Leisheng, with the popularity of Xiangjiang cubes in Xiangjiang, I think the Southeast Asian market should be able to absorb more."

"Of course, Southeast Asia is so big, there should be much less piracy this time. You protect these people, they are our food and clothing parents."

"Don't worry, Lei Sheng. We have arranged for them to go to the restaurant of the Peninsula Hotel for dinner. I will go there later."

"Okay, then I won't go there. Have you contacted the channel over there?"

"I've contacted you and arranged to meet tomorrow."

"Okay, I will meet them in person tomorrow."
Chapter completed!
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