Chapter 6 Market Investigation! Local Tyrant Breaks Contract
Chapter 6 Market Investigation! Local Tyrant Breaks Contract
The convoy traveled along the bumpy road, lined with rows of tin-roofed houses. Every now and then, barefoot Black children would chase after the vehicles.
Occasionally, you can see a few people with Nokia phones anxiously searching for something on the roadside.
"They're looking for a place to charge their devices," Chen Hai suddenly said.
Shen Fei looked in the direction he was pointing and saw a long queue at a simple shed. A sign hung outside the shed: "Charging, 50 Naira per charge." (approximately US$0.3)
Shen Fei picked up his binoculars and looked inside. Dozens of cell phones were plugged into broken sockets, and next to them was a humming diesel generator.
"Diesel generators. With so many customers, this definitely has a big market..."
"We can integrate it with our official store. Li Qing has the design team put some design work into it..."
[System notification: The system is detecting that the host is gaining a deeper understanding of local market demands. Mission progress +5%]
Shen Fei was taken aback. So, in-depth market research could also advance the progress?
"Stop the car," he suddenly said.
"Mr. Shen, it's not safe here," the security captain advised.
"It's only 5 minutes, and with so many of you, you can't even protect a few of us." Shen Fei pushed open the car door and walked straight towards the charging shed.
The people in line looked on with curiosity at these well-dressed Asians.
Shen Fei asked a middle-aged man in front of him in English, "How long does a single charge last? Do you often experience power outages here?"
The local successful man glanced at it warily, but still chose to answer in the face of Shen Fei's bright green US dollars.
"Two days, or maybe three to five days if we only make phone calls."
"When the power goes out, you should ask when the power will be back on."
The group behind Shen Fei nodded, and then Shen Fei continued, "What model is the phone?"
The middle-aged Black man pulled a Nokia 1100 out of his pocket like a precious treasure. The casing was worn white, but as a feature phone, such wear and tear was insignificant.
Shen Fei nodded, handed him the money, and then turned back to his car.
"Go check out the local mobile phone market."
…………
Laxbar Market, Nigeria's largest trading center for secondhand goods.
It's like a giant maze, with narrow passageways piled high with all sorts of goods: "old clothes, old TVs, old tires, and... piles of old cell phones."
Shen Fei stopped in front of a stall. The stall owner was a sophisticated young man who was disassembling a Motorola with simple tools.
"Boss, how much is a Nokia 1100?" Shen Fei asked in English.
The young man didn't even look up, continuing to fiddle with his Motorola: "New ones are $40, old ones are $20. They're both under warranty, and I'll fix them if they break."
"What about these?"
Shen Fei pointed to the piles of various small parts on the stall.
"Battery $5, charger $2, screen $8. Only dollars, no Naira."
The young man finally looked up and saw the security personnel behind Shen Fei. His eyes instantly became wary: "Which gang are you from? I've already paid protection money."
"No, we're a mobile phone manufacturer." Shen Fei picked up an old battery. "How long will these batteries last?"
"It depends on luck. If it's good, it can last a year; if it's bad, a few months." The young man stood up, wiped his hands, and looked at Shen Fei with some wariness.
"Judging from your clothes, you're probably not locals... You probably wouldn't even look at these phones, so we probably won't have any interaction."
Shen Fei smiled and said, "I want to cooperate with you."
"cooperate?"
"Yes." Shen Fei pointed to the stall: "It's similar to your current job. You help me sell mobile phones, and I'll supply you with the goods. As for the price, it will definitely be more profitable than what you make by scavenging these junk items."
If you feel it's risky, you can also become our employee, and we'll pay you a fixed monthly salary.
The young man's eyes widened instantly, his hands trembling slightly. This news was like a windfall for him.
But how could such a good thing possibly fall into his lap?
"You...you're not lying to me, are you?"
"What else do you have to offer that's worth fooling me about? I don't care about this trash, and I'll give you a second, more secure option."
Of course, this is all on the premise that you don't lose the goods, otherwise...
You know the consequences; after all, I'm not doing charity work.
Think about it. Come find me at the Lamorie Hotel tomorrow. I believe you can make it.
The young man nodded somewhat blankly, seemingly shocked by the news.
…………
After leaving the vendor, Li Qing whispered, "Can President Shen really secure distribution channels with these small vendors? If he can, how many units can they sell in a day?"
"But he knows all the vendors on this street," Shen Fei said, waving his hand dismissively. "If he can make money, others will follow suit. What we need to do is not to directly control the major channels, but to build a network made up of countless small nodes."
In this way, the distribution channel was established.
He glanced at the market and the crowd haggling over prices: "Trust is built gradually in any market, at any time. Nobody believes the big merchants, but if your neighbors say it's good, then it's truly good."
…………
Just as everyone understood Shen Fei's meaning, and Li Qing was preparing to go back to his room to write a plan, and after the small stall was built tomorrow and the distribution channels were finalized, he would leave the African market, Wang Jianguo came knocking on his door again!
He changed his mind!
He wasn't satisfied with the revenue sharing from that charging station! He wanted exclusivity! And exclusive distribution rights for the entire country of Nigeria!
"You must give me the exclusive agency rights, otherwise the charging station deal is off the table, and I won't distribute those 1 phones to you. Go find someone else if you want," Wang Jianguo said, slamming his hand on the table.
"Mr. Wang, for Transsion, a new brand, we need more partners." Shen Fei's face showed no anger; in fact, all of this was within his expectations.
"Lax has 8 districts. We previously gave you exclusive rights to three districts, which was already a very generous offer."
As for the charging station needing a score of 73, that's non-negotiable.
That's not enough!
Seeing Shen Fei's unwavering stance, Wang Jianguo felt a little guilty, but he still forced himself to stand up, wearing that confident smile:
"Mr. Shen, you're completely unfamiliar with Nigeria. Without me, your goods simply won't get out there."
"Is that so?" Shen Fei smiled, a laugh full of mockery. He picked up the teacup on the table and slowly took a sip.
"Mr. Wang, are you really that confident? Do you really think you can control everything in Nigeria?"
"Can you really compare to our Chinese capital?" The last sentence reached Wang Jianguo's ears word by word. At this moment, Shen Fei's aura was overwhelming.
This was a completely different person from his refined demeanor during the day. Wang Jianguo's expression changed slightly. He had witnessed the terrifying power of capital before. Could this young man be...?
No! This must be a lie.
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