Chapter 31 Xu Yi, the boss of Station B, comes to visit
The hands were held together for less than two seconds before they separated. Lin Feng also introduced the internal situation of the company to Qu Qiongying, and Qu Qiongying shook her head as soon as she heard the internal situation of the company.

In Qu Qiongying's opinion, the current situation of Xingtu Technology is very bad both internally and externally, it is simply a mess.

First of all, the company's internal management is chaotic, the company's management system is almost non-existent, and the production environment is dirty, messy and unclear.

In addition, Xingtu Technology does not have a marketing team at all. The only thing related to marketing is the small customer service team of Taobao, Tmall, and Jingdong.

As for the external environment, Xingtu Technology’s sales have actually begun to slow down, and a fatal crisis has begun to emerge.

The free advertising of the "I Love Inventions" program and the negative public opinion stirred up by Professor He eventually had a good outcome.

After all, Xingtu Technology successfully increased its sales from the original several hundred units to 10 units in a short period of time.

The success allowed Xingtu Technology to earn 3100 million in pre-tax profit. If it had not hired others to produce the handwriting robots, the profit would have been even higher.

In theory, selling so many units is a good thing, but the problem is that this wave of sales is just too huge.

After all, handwriting robots are just a niche product, and the sales of 10 units have actually sold out the sales for the next one or two years.

The consequences of this overdrawn sales volume have already been revealed. Previously, we could sell several thousand units a month.
According to the current downward sales trend, only more than a thousand units can be sold in two months, and the sales volume has dropped sharply.

Because those who should buy have already bought it, and those who don’t want to buy will not buy it. This is the fatal flaw of niche products.

Niche products are destined to serve only a niche market, which limits their sales volume and sales growth potential.

In this case, Xingtu Technology has two options. The first option is to advertise.

But what advertising effect can compare to the negative public opinion incidents caused by the previous "I Love Invention" program and Professor He and other professors?

As for the second way, it is to open up new markets. If the gold in one gold mine has been mined out, then go to a new gold mine and continue to mine new gold.

However, it is not easy to succeed on this path. After all, the national conditions of overseas countries are different, and each country has its own characteristics.

Some things sell well in this country, but not in another country due to different national conditions, so there is a possibility of failure.

Failure means that all the advertising costs, marketing costs, and branch office construction costs that were used to open up new markets will be wasted, so the risk of foreign market development is very high.

However, these problems did not pose a problem for Qu Qiongying. The situation faced by DJI drones at that time was not much better than it is now, and was equally bad.

After all, Xinjiang Drone was only founded in 2006 and is actually just a small company, and drones are also a niche product.

However, Qu Qiongying successfully found the market positioning of drones with her own abilities.

Ultimately, through creative advertising and precise ad push, the Xinjiang drone was successfully sold to consumers at the lowest cost.

Thanks to this achievement that changed the future destiny of Xiaojiang UAV, Qu Qiongying became the marketing director of Xiaojiang UAV Company.

Suddenly, the roar of a motorcycle and the sound of a car engine were heard from far away outside Lin Feng's house.

"Old horse."

Hearing the sound, Lin Feng and his friends noticed the person driving the motorcycle, who was none other than Lao Ma, the neighborhood security director.

Coming in front of Lin Feng, Lao Ma introduced the situation with a smile.

"Lin Feng, this is Xu Yi, the boss of Station B. They just found us and wanted us to help lead the way, so I brought them here."

"I see." Nodding slightly, Lin Feng stepped forward and greeted Xu Yi, the boss of Bilibili.

"Hello, nice to meet you. Your creation of Bilibili is an important event that will go down in history."

"No, compared to the fact that I just built a small website, the handwriting robot and coin-operated electromagnetic rifle you invented are truly worthy of being recorded in history."

After saying this, Xu Yi stretched out his hand, and then the two of them shook hands and both smiled.

"Come, let me introduce you. This is Qu Qiongying, the general manager of my company, and this is my mother, He Xueqing."

Lin Feng smiled and introduced his people to Xu Yi, the boss of Bilibili. As for Lin Feng's father, he went to BYD's OEM factory to supervise product production.

Biyadi is the manufacturer that manufactures handwriting robots for Xingtu Technology. As for Xu Yi, he also introduced a partner he brought with him with a smile.

The reason why there are partners is that before He Rui joined B Station in its previous life, B Station had not yet found a way to make a profit.

During this period, the daily operations of Bilibili could only be maintained by continuous financing. Because of this, in 2024, the founder Xu Yi only held 13% of the shares.

After introducing themselves along the way, the two parties arrived at the reception room on the 3rd floor. After both parties sat down and his mother went to prepare tea, Lin Feng could not help but ask the question in his mind.

"I wonder why you are here this time?"

Hearing this, Xu Yi took out a contract from his bag and said with a smile:

"Actually, I came here this time to cooperate with Boss Lin. As long as Boss Lin only releases videos and live broadcasts on our Bilibili in the next 20 years in China, we can give you 0.5% of the shares."

Ever since the last time Lin Feng took away nearly 30% of Bilibili’s revenue during a live broadcast, Xu Yi has deeply realized Lin Feng’s potential and terrifying side.

In order to prevent similar situations from happening, he must tie Lin Feng to Bilibili.

This will not only attract continuous traffic through Lin Feng, but also give B station an extra trump card.

"0.5% of the shares?"

Lin Feng fell into deep thought, and no one could see anything interesting about him.

At this time, Qu Qiongying glanced at Lin Feng who was in deep thought, then thought for a while and suddenly said:

"Mr. Xu, isn't 0.5% too little?"

"It's a lot. My current shares don't exceed 40%."

Xu Yi quickly shook his head.

If it weren’t for the fact that Lin Feng’s current influence on Bilibili is so huge and that he has shown amazing potential through a series of events, he would not want to give shares.

After all, this 0.5% stake alone can fetch at least millions of dollars, enough to cover Bilibili's operating costs for a month or two.

But Qu Qiongying ignored Xu Yi who was shaking his head and said directly:
“Before I joined Xingtu Technology today, I collected a lot of intelligence in the past two days and got to know our boss’s situation and his talents.

Currently, the boss has 61 followers on Bilibili, 38 followers on A-station, 21 followers on Youku, and 341 million followers on Weibo!
It can be said that the boss has become an Internet star. Although his popularity is not as high as those of singing and movie-making stars, he does have a great power to attract traffic.

I think that during this period of time, the traffic of Bilibili has increased by several percent or even doubled compared to before. The additional traffic was attracted by Raymond Lam!"

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(End of this chapter)