Baiyue Cave Master
Chapter 621 Meeting
After listening to Luo Yihua's report, Wang Yuanchao looked proudly at the waves of Victoria Harbour outside the all-glass curtain wall.
For a moment, his chest was filled with inexplicable emotions. After taking a breath, he said:
"Mr. Luo Yihua, although the construction of the world's tallest building this year requires a large amount of funds from the group,
However, the development cost does not need to be paid out all at once. The entire construction period is 4-5 years.
Therefore, based on the group's current profitability, if there is suitable land on the market, the company should make a move.
Even if the land is purchased and there is no rush to develop it, the company can still make money by keeping it as land reserve.
Don't let me worry about this all the time. As the general manager of a real estate development company,
You have to take more responsibility and obligation to acquire land for the company, do you understand?"
After listening to Wang Yuanchao's words, Luo Yihua's eyes showed a hint of joy. After all, for company executives, they are not afraid of the company having things to do, but they are afraid that the company has no ambitions.
After all, having something to do means that you can constantly gain credit, increase your importance in the group, and avoid being marginalized in the group.
The other is the profit. Without projects and nothing to do, where would the demand and profit come from? Luo Yihua naturally understands this.
"Okay, boss. I will definitely follow your instructions and try my best to find valuable land for the company."
Wang Yuanchao knew what his employees were thinking. As long as the company's executives did not cross their bottom line,
Wang Yuanchao turned a blind eye to many things.
After all, no one is perfect. Who doesn’t have some selfish desires?
You want the horse to run fast, but you don't want the horse to eat grass. It's not that you can't do it, but you can't do it to the senior executives.
In a capitalist country like Hong Kong, expecting employees to selflessly dedicate themselves to the company and not pursue personal gain is a false proposition.
The reason why everyone is willing to work for him is not to have a better future and a better living environment. To put it bluntly, they come for money.
The lower-level employees are exploited and have no ability to resist, but the executives are different. Every executive who can take charge of a company is a huge asset to the company. Moreover, every executive in the company controls a lot of the company's resources and connections.
If he were poached by a competitor or forced to leave the company, Wang Yuanchao would be the one who suffered the greatest loss.
After all, the reason why people believe in quitting their jobs to change work environments is either because they don’t get paid enough or because they feel wronged.
Wang Yuanchao understood this very well, as he had been a slave for his entire life.
Therefore, within the scope of the rules set by Wang Yuanchao, Wang Yuanchao could tolerate the company's executives doing whatever they wanted.
"Well, now the three Victoria's Secret flagship stores in Hong Kong have opened.
According to recent data, the daily sales volume of underwear sets in the three flagship stores remains at around 13 sets.
The flagship store sells women's underwear, stockings, and lolita bride sets, with daily sales remaining at around US$2000 million.
For the group, this is another important profit growth point besides premium rice.
Therefore, we need to speed up the global market development plan for Victoria's Secret.
President Hu Wei, please tell us about the situation and plans of the clothing company."
Hu Wei is very proud of her success in the Hong Kong market due to the huge sales of Victoria's Secret. She is very passionate about her work. After hearing Wang Yuanchao's recommendation,
Hu Wei immediately replied:
"Boss, now the clothing company has unified the decoration style and franchise standards according to the standards of the Xiangjiang flagship store.
Through registration, the clothing company selected a total of 18 market developers and arranged them to the Xiangjiang flagship store to learn the flagship store's operations and sales strategies.
Flagship stores have been opened in 18 capitals, including Belgium, France, Iceland, Italy, Luxembourg, the Netherlands, Norway, Portugal, the United Kingdom, Denmark, the United States, Australia, Canada, Brazil, the Kingdom of Cherry Blossoms, the United States of Korea, Argentina and South Africa.
If each flagship store is rented, according to the recent market survey conducted by the clothing company, the cost of opening a flagship store in Europe and the United States can be controlled at around US$20.
If the company plans to purchase properties to open flagship stores, the estimated cost of each flagship store is around US$100 million.
As for Victoria's Secret's overseas flagship store expansion plan, since the company has strong financial resources, we plan to renovate 18 flagship stores simultaneously and then open them simultaneously around the world."
After listening to Hu Wei's words, Wang Yuanchao pondered for a moment and said:
"The clothing company's overseas expansion plan is to open flagship stores in the form of leasing.
After all, the road is long and the mountains are high. If there are any problems in the overseas market, the company is out of reach.
It is easy to bring huge losses to the company, and our overseas development plan itself is to develop in the franchise model.
It is not appropriate to invest in fixed assets overseas.
Once our overseas expansion plan is completed and the franchise network in various countries is established,
Then our local flagship store is dispensable, and we only need an overseas office to conduct liaison business.”
"Okay, boss."
"Well, the other market is South Africa. Although the economy is developing well, it is the white government that is in charge.
It was a very, very chaotic place.
So I personally suggest that we cancel the flagship store in South Africa and open one in the capital of Peru to radiate the countries on the west coast of South America.”
When Hu Wei heard Wang Yuanchao's instructions, she immediately nodded:
"Okay, boss, I'll modify the plan later."
Although South Africa is now a developed country, its economy is developing very well thanks to its mineral resources.
But in South Africa, the resistance movement has never disappeared over the years, and the social environment has always been chaotic.
Moreover, in the 90s, after the blacks came to power, they dealt a devastating blow to South Africa's economy, and the country directly developed from a developed country to a developing country.
Wang Yuanchao didn't want to cause unnecessary trouble. There is no end to the money to be made in this world, and there is no need to risk the lives of his employees.
"Okay, what do you think about the underwear display models and local promotion plans for the overseas development plan?"
"Boss, for underwear display models, I plan to recruit models who meet the local aesthetic standards and train them according to the requirements of Hong Kong.
As for the promotion plan, I plan to find local famous stars, shoot VCRs, and promote them through newspapers, radio stations, television and other media.
We will provide clothing styles and franchise information to help North Korea, promote the popularity of the Victoria's Secret brand, and drive the development of local franchisees."
Wang Yuanchao nodded. Advertising promotion in that era was so crude. There was no concept of customer positioning and precise promotion like in later generations.
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