Chapter 1926 Liu Hao's Sigh
Chapter 1926 Liu Hao's Sigh
However, given the current size of Tomorrow Group, it is simply impossible to bring it down through the current public opinion.
He had professionals test the quality of products from Tomorrow Group's subsidiaries, since when targeting a company, you should start by examining the quality of its products.
If a product is found to be substandard, and the company is paid to expose it online, its reputation will collapse instantly.
However, to his surprise, the quality of all of Tomorrow Group's products met the standards, and in fact, it was even higher than the normal standard.
Moreover, all industries use the same standards, making it impossible for him to approach the issue from the product perspective.
They also investigated employee benefits and taxes, and found that everything was in order.
Tomorrow Group is like a fortress; there are no weaknesses to exploit.
If he hadn't learned about Tang Qiu's situation from Tiandi Law Firm, he wouldn't have had any point of attack.
If that's the case, then the only way to fight against Tomorrow Group is through business warfare.
Business warfare requires substantial financial support, and given Tomorrow Group's business model of never retaining working capital, it's impossible to know how much money it would take to completely defeat Tomorrow Group through business warfare.
However, it was only through Tang Qiu's public opinion that the anger of many netizens was redirected towards Tomorrow Group that he saw some hope.
Once Tomorrow Group's revenue drops to a certain level, he will begin to address the issue.
In addition, in the past two days, he has also contacted some large group companies that have conflicts with Tomorrow Group's industries.
These groups have all been affected to varying degrees by the development of Tomorrow Group.
These people would definitely be willing to bring down Tomorrow Group if they could really do so.
However, these large corporations certainly wouldn't easily engage in a business war with a corporation of the same level.
If these groups are to all join forces against Tomorrow Group, then Tomorrow Group needs to find a breakthrough.
This public opinion attack is the perfect opportunity to break through; if Tomorrow Group's revenue decreases significantly as a result...
He will join forces with those corporations to target Tomorrow Group, just like the previous time when the allied forces targeted Tomorrow Group.
The previous alliance mainly consisted of owners of small businesses. While it seemed to be targeting Tomorrow Group, it was also an opportunity to fleece those small businesses.
After that failed attempt to target Tomorrow Group, many businesses that were involved in the attack went bankrupt.
After all, small businesses don't have much working capital, yet they're using most of their funds to target Tomorrow Group.
If they actually succeed, these small businesses might get a small share of the profits, but won't go bankrupt.
As for getting meat, don't even think about it. Those few companies that invested are just using the funds of small businesses to target Tomorrow Group.
After all, a small business doesn't have much capital, but when many small businesses are combined, it can amount to a considerable sum.
Pity,
Ultimately, the plan failed. If it had succeeded, he wouldn't have had to worry about Tomorrow Group anymore.
Seventy percent of Shengtian Group's businesses overlap with Tomorrow Group's. Because of Tomorrow Group's employees, Shengtian Group's revenue has decreased by at least 30% in the past two years.
Moreover, the downward trend shows no signs of stopping.
They used various methods, including advertising and marketing, improving product quality, and lowering prices.
However, no matter what, they still can't compete with Tomorrow Group.
One of the most important reasons for this is profit.
All of Tomorrow Group's products share one characteristic: high quality and moderately high price.
High quality means high cost, and a moderately high price means that the final profit will not be much.
Currently, most products on the market are either low quality and low price, high quality and high price, or low quality and high price.
From this perspective, by paying a little more money, you can buy a high-quality product instead of a low-quality one.
High-quality products are no longer competitive, since Tomorrow Group's products of the same quality are priced lower.
Anyone with a brain would choose whose product to buy.
Currently, under the impact of Tomorrow Group, sales of high-quality products have all decreased significantly in the market.
Only a portion of low-priced, high-volume products still have a certain market.
Shengtian Group is now facing a very awkward situation: if they sell at low prices and in large quantities, their profits will be very low.
However, if they sell high-quality products at medium-to-high prices, like Tomorrow Group, their profits will also decrease significantly.
Two roads,
No matter which path you choose, the result will be the same.
He investigated Tomorrow Group for a long time and found that they didn't seem to care about the profit margin of their products at all.
I can make 10 yuan or 5 yuan on a single product, as long as I make money overall.
However, this business model wouldn't work for Shengtian Group, since there's a group of shareholders waiting for dividends.
Lower profits mean lower dividends in the future.
In the past two years, the group's profits have decreased, and he has been subjected to a lot of criticism from the shareholders.
I feel uneasy sitting in the chairman's seat of the group now.
Sometimes I think about making some personal assets and just leaving.
Hey!
Thinking of this,
Liu Hao couldn't help but sigh. The more he learned about Tomorrow Group, the more he realized how difficult it was to deal with.
The underhanded methods have already been warned and are definitely not allowed to be used, otherwise Shengtian Group would be shut down before Tomorrow Group could be brought down.
Shengtian Group is not as clean as Mingri Group. If the higher-ups really investigate it thoroughly, it will definitely not be able to escape.
Through public opinion and negative news targeting Tomorrow Group, he searched for so long and only found one piece of information about Tang Qiu.
Relying on this will definitely not be enough to bring down Tomorrow Group.
In the end, it all comes down to a business war—a business war against a conglomerate that doesn't care about how much profit it makes and has no shareholders backing it up.
How much money will it take to win?
Liu Hao wasn't sure, but relying on the funds of Shengtian Group was definitely not enough.
But is it really reliable to cooperate with other groups?
In the business world, he never trusted any reliable allies.
"Mr. Liu, has something happened?"
Seeing Liu Hao sigh and frown, Wu Zhengguo asked with some concern.
"It's nothing, I was just thinking about some work-related things."
Upon hearing this, Liu Hao snapped out of his daze and waved his hand.
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