Chapter 1022 $100 Million Advertising
A cross-century motherboard!
On this point, Qin Feng agrees.
This is indeed a cross-century motherboard, and it is an extremely competitive motherboard in the market.
In this case, Qin Feng supported Lei Jun's decision.
"100 million is 100 million, but it's not RMB, but US dollars!" Qin Feng grinned.
Lei Jun Gordon.
"Is this too much?" Lei Jun trembled slightly.
After all, the company is still losing money.
So far, through the Shanghai Municipal Government and the support of the four major banks, the total borrowed funds have reached an astonishing 8 billion yuan. Such a huge amount of funds is enough to open a very large steelmaking plant.
That can feed tens of thousands of people. And their IT company doesn't need that many employees.
It can be said that Jiuzhou IT Technology relies entirely on bank loans.
So far, more than 3 billion have been burned in various aspects.
Factory buildings, purchased technology, employee wages, research and development funds, etc., have burned more than 3 billion yuan in more than a year. Although there are still more than 4 billion yuan in the account, but more than 700 million yuan has been burned in one go, then
It's really scary.
"What's this! You have to have confidence in our motherboard!" Qin Feng said with a smile.
"Can I make money back from this?" Lei Jun trembled a little.
100 million US dollars in advertising, this is a net investment.
Lei Jun did the math and calculated based on the sales volume of 10 million yuan, and based on the high-end version, that is, the hybrid Crossfire motherboard, the cost price is currently as low as 470 yuan per piece, calculated based on the ex-factory price of 600 yuan (market selling price
At 800 yuan, the middle is 200 yuan, Lei Jun is prepared to give the net sales profit), then the profit is 130 yuan. According to the current exchange rate, 100 million U.S. dollars, which is almost 760 million yuan in RMB.
In this case, at least 5.84 million yuan must be sold to recover the advertising costs.
After that, only the profit you can make.
It sounds like it's not difficult. However, it's more than 5 million yuan, close to 6 million yuan, and it's definitely not that easy to sell.
"Mr. Lei, we must have confidence in our products. We must also have confidence in the market!" Qin Fengxiao said, "This market is very huge, especially in the future, the computer market will become more and more explosive. With the computer industry
Every two or three years, some spare parts are always replaced."
In the next ten years or so, the development of computer hardware will be rapid, so the replacement will be very fast. In particular, the per capita income will also grow very fast. Therefore, even ordinary players will replace it every two or three years. Even if they don't, they will replace it.
Some spare parts.
This momentum will continue into the future, that is, when the Core is released to the 4th generation, updates will slow down. This is because computer performance has rarely improved, and most of them are digital games, with almost no actual experience.
Of course, in that era, smartphones also began to be continuously upgraded, and eventually they took over the computer market. This is also the reason why the computer market will no longer be popular in the future.
But at least for the next ten years, it will be possible. Especially for graphics cards, it will also be useful in the future smartphone market.
Therefore, in this case, Qin Feng believed that the money was worth spending.
"Don't worry, Mr. Lei, if you can build a reputation, let alone 100 million US dollars, a few hundred million US dollars more will be worth it!" Qin Feng said with a smile.
In the future, the mobile phone market will be more popular than the computer market. If we can successfully enter the mobile phone market and provide chips for smart phones around the world, the profits will be huge.
In particular, Qin Feng hopes to be able to rely on his connections to win iPhone orders. That way, he can make money safely.
Smartphone sales that year were calculated in billions of units.
Moreover, there is a fixed normal replacement cycle of 2 years.
No matter how you think, how happy you are.
"Are you really so optimistic about this market?" Lei Jun was surprised.
Qin Feng nodded.
"Okay, then 100 million!" Lei Jun gritted his teeth.
It takes a lot of courage to spend $100 million on advertising.
However, the product's technical advantages and Qin Feng's confidence made Lei Jun feel that this was not a risk, but a bold attempt.
Now that he had made his decision, Lei Jun didn't even bother taking a break. He went directly to the airport.
Although it has been a long time since he went home, it didn't matter to Lei Jun. He just had a good sleep on the plane.
In particular, what Qin Feng didn't expect was that Lei Jun actually booked economy class instead of business class on the flight to New York, USA.
"That's enough, just stay in economy class. Anyway, we don't always fly. It takes so long, and business class can't let me get there faster than a minute!" Lei Jun shrugged, "Anyway, I'm exhausted now, so I'm getting on the plane.
Just fall down and go to sleep, no difference!"
Qin Feng shook his head helplessly.
Facing Lei Jun like this, he was helpless.
Of course, Qin Feng also understands that Lei Jun is also worried about money. At present, the company is in the startup stage, and it is losing money every day, all of which are spent on loan money. Under such circumstances, Lei Jun is naturally reluctant to spend money.
Qin Feng was helpless about this.
"Okay, let's go!" Lei Jun waved his hand and entered the airport with a shaggy beard.
"Mr. Lei is really an entrepreneurial man. He makes me feel ashamed!" Jiang Yong exclaimed.
Compared to Lei Jun, Jiang Yong always felt that he enjoyed himself a little too much.
"Well, people are different, and companies are also different. Some things don't need to be compared." Qin Feng patted Jiang Yong on the shoulder, "Especially, QQ is very profitable at the moment. Since you are making money, you should enjoy it!"
Jiang Yong smiled, feeling relieved.
Otherwise, compared with Lei Jun's hard work in starting a business, and looking at myself here, driving an Audi A8 and drinking, it would be too corrupt.
Qin Feng's words made him feel much more comfortable.
Of course, he was also vigilant. Although he had succeeded in the early stages of his business, there were still so many competitors in the market and he must not be careless.
"Okay, Qin Feng, I'm leaving. I'm going back to urge them to continue developing software!" Jiang Yong said with high morale.
Qin Feng nodded.
This can give you fighting spirit, which is a good thing.
As for Qin Feng, he went to the Modu Government to look around.
After all, it is necessary to have a good relationship with the local government. Although Qin Feng doesn't like dealing with these officials, Jiang Yong is not suitable for the company. The same goes for Lei Jun.
Therefore, only Qin Feng, an idler, went.
"Mr. Qin is here! Distinguished guests are here!" The municipal government looked happy.
Today, the two major companies Jiuzhou Technology and Jiuzhou Network have become one of the business cards of the Magic City. The Magic City government naturally welcomes Qin Feng, the big boss behind the scenes.
In particular, what happened before made them understand the relationship between Qin Feng and Boss Ming. Therefore, they naturally treated Qin Feng with great courtesy.
Qin Feng smiled slightly.
Chapter completed!