Chapter 871 Foreign brands enter!(1/2)
This shout came from behind Li Wenjuan.
Li Wenjuan was thinking about her worries and didn't care about the shouting.
There are so many people calling Mr. Li, who knows who he is calling?
Bai Lan was surprised to see a handsome young man in fine clothes coming over.
The young master walked straight to Li Wenjuan and stood still: "Mr. Li, don't you pay attention to me?"
Li Wenjuan then raised her head and chuckled, "Mr. Tang, why are you here?"
This person is Tang Hua.
Li Wenjuan stood up and looked at Tang Hua's side: "Are you alone?"
Tang Hua smiled slightly: "I'll come to Huacheng to do something. Our company has developed a large customer in Huacheng. I'll sign the contract. Mr. Li, are you here to attend the Canton Fair? Where is Mr. Wang?"
"He has something to do." Li Wenjuan smiled and said, "Mr. Tang, you are here to have a meal too. Why don't you go together?"
"Okay!" Tang Hua nodded and looked at Bai Lan, "Is this your secretary?"
"No, she is a friend of mine. We managers only have assistants and no secretary. I come to the Canton Fair and my assistant stays in the company to handle official duties."
Li Wenjuan’s assistant is Fang Hong, the one who used to be the manager of the Nanjing Road flagship store.
Tang Hua put the briefcase on the chair next to him, sat down, and smiled and said, "As soon as I entered the door, I saw you, Mr. Li. I can't forget your back."
He once liked Li Wenjuan so crazy, but the fallen flowers were intentional and the flowing water was ruthless.
Although Tang Hua is good, he is not Li Wenjuan's dish.
Li Wenjuan and Tang Hua have changed greatly compared to before.
Tang Hua has become more mature and steady, and is dressed in a business style. He is dressed in a decent high-end shirt and trousers. Although he does not wear a tie, he looks more chic.
Li Wenjuan has taken off her childishness. In recent years, she has added a special temperament to her body, and she has become generous and elegant, with more feminine charm between her eyebrows and eyes.
When Tang Hua saw Li Wenjuan holding the recipe, he asked, "Have you ordered the food yet? I'll do it, I'll treat you."
Li Wenjuan said: "You are a guest from Xiangjiang, so I should come to treat you. Don't be polite. Thank you for your hospitality when we go to Xiangjiang."
Tang Hua smiled and said, "Okay, then let's have a meal for Mr. Li."
Li Wenjuan ordered five dishes and one soup, four extra snacks, and another bottle of red wine and three bottles of drinks.
The dish is honey sauce stew, lobster baked with soup, white-burned geoduck, steamed Dongxing spot, white-cut chicken, pork belly dumplings, and desserts are fresh shrimp dumplings, quicksand bread, horseshoe cake, and chicken cake.
Bai Lan silently calculated that this meal would have to eat his previous month's salary.
Li Wenjuan asked Tang Hua: "Miss Tang is in Shencheng, do you want to go to Shencheng?"
Tang Hua said: "My affairs have just been completed. I am going to visit the Canton Fair for two days. Let's talk about it then!"
As soon as the food came, Tang Hua opened the wine bottle very gentlemanly, poured wine for the two ladies, and asked, "How is your Canton Fair in this year? Is the business good?"
"It's not bad," said Li Wenjuan, "this market is better this year than last year."
Tang Hua said: "I heard a news that the United States has a sanitary napkin brand and is preparing to enter the mainland market. I wonder if it will have an impact on you."
Li Wenjuan asked: "What brand?"
Tang Hua said: "Guard Shu Bao!"
Li Wenjuan said: "Hushubao? I know that my brother-in-law asked us to buy sanitary napkins from various brands before to study, and one of them was called Hushubao. Mr. Tang, how about this brand?"
Tang Hua said: "This is a sanitary napkin brand under P&G. It was established earlier than you love Qingrou. It seems to be established in 1983."
Li Wenjuan said: "Procter & Gamble? I heard that this company is very awesome, right?"
Tang Hua smiled and said, "How to say it? This is a large enterprise with a history of 150 years and is one of the world's giants of daily consumer goods companies. They have branches in Huacheng, and many brands and products have been introduced to the country. They may have seen that the domestic sanitary napkin market has grown, so they are preparing to introduce the Hushubao brand."
"Oh!" Li Wenjuan asked, "Then is this company big?"
"Big! Of course big!"
"Is it a Fortune 500 company in the world?" Li Wenjuan often heard Wang Lin say that she wanted to develop Aixu Group into a Fortune 500 company in the world, so remember this data.
Tang Hua smiled and said: "Procter & Gamble is listed among the 50 largest companies in the Fortune Magazine's top 500 companies, and is the second company with the longest history among these 50 companies."
Li Wenjuan's eyes rolled: "So amazing! Have you entered the top 50 companies in the world?"
"That's not true!" Tang Hua smiled, "So, their introduction of the sanitary napkin brand, Hushubao may have an impact on your sanitary napkin sales."
Li Wenjuan curled her lips: "Hmph! We are not afraid of him! We have opened the market, and they come to pick up ready-made ones! They have to compete with us for the market! It's too much!"
Tang Hua said: "This is impossible. The domestic consumer market with a population of one billion is also the largest consumer market in the world. Almost all the businesses our company does now come from the mainland. The economic growth rate of the mainland is far beyond the imagination of foreigners. P&G has opened a branch in China, so of course it knows how big the domestic market is. To develop in China, the market must be open. In an open market, you cannot refuse other brands to come in."
Li Wenjuan said: "Then let's compete!"
Tang Hua said: "Yes, the next thing is competition! The only sanitary napkin brands that can be used in China are you Aixu Group and Heng'an Company."
Li Wenjuan said: "Our advantages are still very obvious."
Tang Hua smiled and said, "Procter & Gamble is rich and powerful. They are not an ordinary company. The means you use to deal with other small brands are not suitable for P&G."
Li Wenjuan said in a daze: "What should I do?"
Tang Hua shook his head gently: "If I knew what to do, my business would have grown long ago! Mr. Wang is even better than me, and he should have a way to deal with it."
Li Wenjuan said: "Well, I believe my brother-in-law can handle it."
Tang Hua said: "There is something that you have to remind Mr. Wang."
"What's up?"
"Procter & Gamble is best at fighting mergers and acquisitions."
"Mergers and acquisitions? How do you say it?"
"It's just a acquisition. If they like a company, they will pay for it! There are only a few people who won't sell it."
"My brother-in-law cannot sell the Aiqingrou brand, nor can he sell the Aixiu Group."
"So, they want to fight a merger and acquisition war. If you don't sell, they will use a series of means to suppress your brand. This is a very normal business war. Whoever can't stand it first will lose!"
Seeing that Li Wenjuan was interested in Procter & Gamble, Tang Hua talked more about this company.
As early as 1980, Procter & Gamble's sales exceeded the $10 billion mark, and since then it entered a stage of rapid development, opening a global buying and buying mode.
Next, Procter & Gamble purchased Richardson Vicks to expand the market for drug and health care products. The company purchased three brands: mefumucil, dramamine and icy hot, becoming the largest over-the-counter retail drug manufacturer.
Procter & Gamble acquired the blendax series in Europe, including blend-a-med and blendax toothpaste. This is the largest international acquisition in the company's history.
Immediately afterwards, Procter & Gamble purchased Noxell and its cover girl, noxzeme and clarion brands to enter the cosmetics and spice business industry.
Last year, I bought shulton's old spice product series to expand the business of men's personal care products.
This year, Procter & Gamble purchased max factor and betrix to further expand the company's cosmetics and perfume business. Procter & Gamble purchased Rakona and established its first branch in Eastern Europe. In the same year, it set up branches in other Eastern European countries.
The fastest way to occupy a country's market is to acquire local brands, so that the market will naturally exist.
For such large international capital, it is too easy to occupy the market.
Tang Hua said: "They have a lot of funds, and ordinary small businesses cannot beat them. Selling brands and companies seems to be the best way."
Li Wenjuan was stunned.
Aixu Group is Wang Lin’s life!
If it is really defeated by foreign brands, wouldn’t Aixu Group really go bankrupt?
Li Wenjuan suddenly thought that on the flight to Huacheng, Wang Lin accidentally said: "What if Aixu Group goes bankrupt?"
Crow's mouth!
Is it really going to be a prophecy?
Li Wenjuan suddenly became very impatient and wanted to see Wang Lin as soon as possible and tell him about this big thing so that he could make plans in advance.
Tang Hua said: "If Procter & Gamble wants to acquire your brand, you can offer a high price. Selling it may be a good choice. Is there any other business in Aixu Group!"
Li Wenjuan shook her head: "My brother-in-law cannot sell this brand. This is the first brand he established after he started business."
Tang Hua said: "Then you must be prepared to fight."
Li Wenjuan said: "Procter & Gamble is so powerful! Then isn't it very dangerous for us Aixiu Group?"
Tang Hua smiled and said, "You don't have to worry. Aixu Group is not a small company now. Your annual sales can reach 10 billion yuan, right?"
Li Wenjuan said: "Even if it reaches 10 billion yuan, it is far from a rival to Procter & Gamble! Their sales in 1980 exceeded US$10 billion! Now it is no more than US$50 billion?"
Tang Hua smiled and said, "What is their current sales? I really don't know. It's only two, 30 billion US dollars."
Li Wenjuan said: "Even if it is only US$30 billion, it will be RMB 165 billion! Oh my God! It is equivalent to the size of 17 Aixiu Group!"
Tang Hua nodded and said, "It's so big!"
They were having a meal and chatting.
Bailan couldn't insert it into her mouth at all.
Had a meal for a while.
Tang Hua looked at the time and said, "I have to meet a customer in the evening. Then we will make an appointment tomorrow? Where are you staying?"
To be continued...