Old Zhang stared in surprise at the air fryer in Lei Dongbao's hand, and with a curious expression, he stepped forward to carefully observe Lei Dongbao's operating method. After a moment's thought, Old Zhang couldn't help but say something.
Would foreigners buy this?
Lei Dongbao pressed the start button, looked up at Lao Zhang, and held up one finger.
"Old Zhang, just relax and watch the show. I'll get this transaction amount at this Canton Fair!"
Old Zhang asked in confusion.
"Ten thousand US dollars?"
Lei Dongbao shook his head speechlessly. Are leaders these days so lacking in imagination?
"One hundred thousand dollars?"
Lei Dongbao shook his head again. Seeing Lei Dongbao's confident look, Old Zhang finally became serious and asked with expectant eyes.
"Could it sell for a million?"
Lei Dongbao reluctantly withdrew his finger and was about to speak when suddenly there was a knock on the door. Lei Dongbao glanced at the door and then called out in English.
"Please come in!"
A white old man came to the door. Lei Dongbao recognized him immediately. It was this white old man's exaggerated acting skills that had won over the others, which was why the business had truly opened for business this afternoon.
Seeing the other person carrying a handbag enter the house with a smile, he quickly greeted Lei Dongbao.
"Good evening, Lei!"
Lei Dongbao replied, glanced at his watch, and realized it was only seven o'clock. He had agreed to wait until eight, so this old man was in a bit of a hurry. However, as the first one to bite the hook, Lei Dongbao naturally invited the other party to sit down and talk, in the same spot where Old Zhang had just been sitting.
Old Zhang, who was standing nearby, noticed that Lei Dongbao and the white old man acted like old friends, and he was also surprised by Lei Dongbao's English. He couldn't help but take another look at the two of them.
Lei Dongbao first introduced Lao Zhang to the white old man. When Lao Zhang heard that this was a businessman from the United States, his eyes lit up and he hurriedly said, "Welcome, welcome, a warm welcome!" But after saying that for a long time, the white old man just smiled and greeted him, then looked at Lei Dongbao.
Lei Dongbao recalled the name on the old man's business card, and smiled as he pointed to the still-running air fryer.
“Mr. Bull, if I’m not mistaken, you’ve come for this!”
When old man Boul saw the air fryer, his eyes lit up, and he quickly stood up and said...
"Yes, Ray, I'm still savoring the fried chicken legs from this afternoon. I've been wanting to learn about this amazing machine for a long time, so I couldn't wait to come here. I hope you'll forgive me!"
Lei Dongbao chuckled and quickly said with a smile.
"Of course, of course, Mr. Bull. I'm busy preparing my dinner right now. How about we eat together later?"
The old white man swallowed hard and nodded quickly!
Lei Dongbao smiled and told the old man to wait a moment. After looking around, he called out to Yang Xun on the upper bunk.
"Yang Xun, go order a case of beer from the delivery service. See if they have any ice-cold beer. Ice-cold beer with fried chicken legs is the perfect combination!"
October in Guangzhou was still hot, and Yang Xun was shirtless. When he heard Lei Dongbao's words, he quickly nodded with a smile, got up in a flash, and ran out the door.
Old Zhang, who was standing nearby, couldn't hold back any longer. He couldn't understand English, but he could guess the general meaning. Lei Dongbao was going to drink and make merry with the American businessmen who had finally come to visit. Drinking would lead to trouble, and this was simply damaging the image of Jinzhou!
Old Zhang was about to reprimand him, but his secretary quickly pulled him aside and whispered a few words in his ear.
Old Zhang looked at Old Man Boer with a puzzled and uncertain gaze.
Lei Dongbao and the old white man chatted about many interesting things, and the two had a very pleasant conversation. They hardly talked about the air fryer at all. The people around them listened with blank expressions. Only the secretary occasionally whispered the conversation between the two to Lao Zhang. When Lao Zhang saw that the two had not yet gotten to the point, he began to show a hint of anxiety.
Lei Dongbao stood up and spoke to Old Man Buer after seeing the indicator light on the air fryer turn green.
"Boer, as you can see now, this is the family version of our air fryer. We can chat over here, and it will bake the chicken legs thoroughly in just over ten minutes. This red light means it's working, and the green light means the food is cooked through and ready to be taken out!"
As Lei Dongbao spoke, he turned on the air fryer, and a special aroma gradually filled the room. The sound of people swallowing their saliva rose and fell in the room. Lei Dongbao was overjoyed. This effect was even better than what he had achieved outside today.
When Lei Dongbao handed an old man a chicken leg wrapped in brown paper, the old man eagerly took it and began to devour it. As he ate, tears of emotion welled up in his eyes again. He didn't care about his image at all, wiping his tears with his white suit while stuffing the chicken leg into his mouth. He looked just like a homeless man who hadn't eaten in eight lifetimes. Old Zhang, who was watching from the side, thought he had met a fake foreigner.
At this moment, Yang Xun pushed open the door with his foot, carried a case of beer inside, and was covered in sweat. Lei Dongbao quickly stepped forward to take it, put it on the ground, and hurriedly closed the door. The smell was too strong, and he was afraid it would cause unnecessary trouble!
Old Man Boll, quite familiar with the place, opened a bottle of ice-cold beer, gulped down about half of it, and then said with satisfaction.
"It's perfect, Ray. I don't know if it's the machine or your cooking skills that are so amazing, but now I'm even more interested in this magical machine. Ray, let's talk business!"
Lei Dongbao smiled and nodded, then took out a catalog from his briefcase on the bed and handed it to old man Boer.
Boole took the table of contents, and after reading only a few lines, he exclaimed in surprise.
"Oh, this is too expensive!"
These words displeased Lei Dongbao, who then took out a document from his briefcase, handed it to the old man, and said seriously.
"Mr. Bull, are you perhaps misunderstanding something? Not all of our Chinese machinery is cheap. I forgot to tell you, this air fryer is an exclusive patented product of our factory. We have already registered international patents, including patents in forty countries, including your United States!"
Old Man Boer took the document handed to him by Lei Dongbao, opened it, and was immediately taken aback. He looked up at Lei Dongbao. From the beginning, he had planned to test the waters. If Lei Dongbao's price was too high, he would find other manufacturers to produce it, or use this method to force Lei Dongbao to lower the price!
Since China's reform and opening up, countless enterprises have been willing to produce for foreigners at low prices, or even at a loss, in order to earn foreign exchange or simply to open up the American market. This method has never failed!
In his opinion, this air fryer, if produced in China, would cost at most thirty or fifty US dollars. He could ask for forty US dollars, and if Lei Dongbao was unwilling, he could naturally find other manufacturers to produce it. What a great thing!
But to his utter surprise, Lei Dongbao was so cunning. This was the first time he had encountered a Chinese person who valued patents so much. In recent years, every time he came to the Canton Fair to purchase goods, he found that almost no Chinese products had registered patents internationally.
Of course, most of China's goods now are raw materials or handicrafts. For goods with real technological content, many European and American countries have always viewed China as a source of raw materials, which are then used to produce goods and resell them back to China at high prices. This model has worked every time in many emerging countries.
Lei Dongbao's forceful rebuke has taught him a harsh lesson!
Lei Dongbao continued with a smile.
“Mr. Bull, actually, my price of three hundred US dollars per unit is not too expensive. Most ovens in your country cost between two and three hundred US dollars. This air fryer is a brand new product. Moreover, the food it bakes is less oily and healthier, which is very much in line with the eating habits of Europeans and Americans. I think you can retail it for five hundred and ninety-nine US dollars, and it should have a good market!”
Old Man Boul quickly shook his head and hurriedly explained.
“Ray, this is too expensive. Three hundred US dollars can buy a very good brand oven. We also need huge promotional expenses for this kind of new home appliance. I don’t think any buyer would purchase it at this price. I swear to God, this price is really too expensive. Ray, if your price is already set, then I’m really sorry. Thank you for bringing me a culinary feast!”
Looking at the old man's serious expression, Lei Dongbao suddenly wondered if he had set the price too high.
Well, maybe it is a bit expensive. I saw this price in a book. But I'm not willing to let Lei Dongbao lower the price too much. I finally got a chance to take advantage of foreigners. I won't be satisfied if I don't fleece them.
Lei Dongbao thought for a moment before speaking.
“Mr. Bull, as you said, this is a new type of home appliance. The product you see now is already a mature appliance. What you don’t know is that we spent more than ten million US dollars on the research and development of this product. Our cost price is already quite high, which is why we set this price!”
Old Man Boer looked troubled. He knew that the cost of developing a new type of electrical appliance into a mature product must be very high. However, the price was too high. He was considering whether to simply purchase a hundred units to try it out.
Old Zhang, still confused and bewildered, was quickly given a brief translation of their conversation by the secretary. Upon hearing that it cost three hundred US dollars per unit, Old Zhang nearly jumped up. He immediately stood up, wanting to confront Lei Dongbao, exclaiming how he hadn't realized Lei Dongbao was so ruthless and greedy!
Old Zhang seemed to realize his mistake too late. Just as he was about to speak, Lei Dongbao glanced at him sideways, ignored him, turned around to block Old Zhang's view, and then turned to smile at Old Man Bu'er.
"Mr. Bull, you are guests who have come from afar. My price is indeed a bit high, but our R&D costs are also very high. We can't do business at a loss. How about this, as a friend, I can give you a certain discount. After I carefully calculate the costs, I will write you a purchase price. What do you think?"
When Old Man Bull heard Lei Dongbao's words, his eyes lit up and he quickly nodded in agreement!
Lei Dongbao smiled, took out a notebook and a pen from his briefcase, and began to write in the notebook. After writing a list, he handed it to old man Boer.
Old Man Boer took Lei Dongbao's notebook, and after a careful look, his face instantly lit up with surprise. However, after looking at it more closely, he looked troubled. His expression was a mixture of emotions, which made Old Zhang, who was standing next to him, want to peek at what Lei Dongbao had written!
Lei Dongbao smiled but remained silent. The bait had already been laid; now it was up to the foreigner to take it.
Chapter 73: My home was almost ransacked!
What did Lei Dongbao write?
It clearly states that for orders under 1,000 units, the price is $300 per unit!
Orders of 5,000 units or more, or 200 units.
For orders of 10,000 units or more, the price is US$260 per unit.
For orders of 50,000 units or more, the price is US$240 per unit.
Orders of 100,000 units or more will be priced at US$200 per unit.
For orders of 200,000 units or more, the price is US$150 per unit.
For orders of 500,000 units or more, the price is capped at 100 US dollars per unit!
The text below also states that group purchases are allowed, and you can also refer other customers to make purchases. The purchase quantity of the referred customer will be counted towards your total purchase quantity, with no upper limit!
This means you can pool your resources to purchase together, discuss and allocate the purchases among yourselves, or you can introduce other customers to purchase. If other customers purchase 10,000 units, then you will have a quota of 5,000 units, which you can purchase at the standard price for 5,000 units. The more the better.
Anyway, Lei Dongbao clearly stated on the document that this was the final price, and the more you bought, the cheaper the price became.
The validity period is valid until the end of the 2 Autumn Canton Fair.
The price difference between Lei Dongbao's amount and the price he mentioned was so large that it made the old man, Mr. Bull, frown deeply and fall into deep thought.
Old Man Bull looked at it for a long time, and finally put down his notebook, pondering for a moment before speaking.
"Ray, may I ask you a few questions?"
Lei Dongbao nodded, gesturing for the old man to ask.
Old Man Boll then spoke.
Is this the final price?
Lei Dongbao nodded and said.
“Mr. Bull, one hundred US dollars per unit is my cost price. If I can produce 500,000 units, my R&D costs will be offset, so this is the final price!”
Old Man Boul clearly didn't believe him, shook his head, and continued.
"Ray, I want to buy 500 units. How about you give me a discounted price? Two hundred US dollars per unit, I'm willing to buy them!"
Lei Dongbao smiled and shook his head!
Seeing Lei Dongbao shake his head, Old Man Bu said helplessly.
"Lei, you're really cunning. You've put me in a dilemma now. Five hundred thousand units—I think only a large chain supermarket like Kmart would dare to buy that much. I'm really torn right now. Give me some time to think about it. I'll go back and make a call!"
After saying this, old man Bull stood up and took his leave!
Lei Dongbao nodded, stood up, packed two chicken legs for him to take with him, and saw the old man out amidst his thanks!
No sooner had Old Man Bu left than Old Zhang rushed up to Lei Dongbao and yelled at him.
"Lei Dongbao, what are you doing? Two hundred US dollars, five hundred units! One hundred thousand US dollars! Are you just going to watch it slip away???"
Lei Dongbao ignored it, picked up the beer on the ground, took a swig, and then picked up a chicken leg and handed it to Lao Zhang.
Old Zhang talked on and on for a long time, but seeing that Lei Dongbao wouldn't listen, and then seeing the chicken leg Lei Dongbao handed him, he stared at the chicken leg for several seconds before finally taking it and stuffing it into his mouth in a huff!
Once he took a bite, he was hooked. Old Zhang, savoring the unique aroma, quickly sped up his eating. Once he started eating, he forgot all about scolding Lei Dongbao. Lei Dongbao saw that there were still two chicken legs left. He picked one up, handed one to Yang Xun, and then looked at the other people in the dormitory. Under their expectant gazes, Lei Dongbao stuffed the last one into his own mouth!
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