Hans and the Henry family naturally got the news very quickly.
At the Heng corporation's main agency.
Lude was in disbelief when he received the news."Are you kidding me? Where did they get the confidence to do this?"
He was indeed shocked by Linlin's tomato sauce.
Moreover, he didn't dare to make the decision. He immediately started the video conference again and had a video call with Jack Henry.
When Jack Henry saw Lude, he also asked, " "What's the situation now?"
Lude quickly reported, " Mr. Henry, the situation is a little out of our expectations. Linlin ketchup has made a move. The other party is offering seven Yuan to those suppliers, which is one Yuan lower than us. In this way, all our efforts before have been in vain. They have no effect at all.
"how is that possible?" Jack Henry said with a face full of disbelief, " " when we cracked the formula, we used as many low-end materials as possible. moreover, we used the formula that our researchers thought was the most cost-effective. "
" the cost of making linlin ketchup should be about the same as ours. where did they get the courage to start a price war like this? "
Lude frowned. Mr. Henry, there's a saying in their country called 'bluffing'. It's to make up a false presence to scare or confuse the enemy. The other party might be using this method to scare us.
"It should be the possibility you mentioned." Madam Heng nodded in agreement. Then, he said, " however, we won't be scared. The other party will definitely lose money at this price, so we'll also fight at the price of 7 Yuan. Let's see who can't afford to lose first. In terms of capital, the other party's entire company can't compare to us.
Obviously, Jack Henry was very confident.
This was because their group had more than one type of tomato sauce.
The Henry family's ketchup was just a product. The Kraft hen group had a market value of more than 60 billion dollars.
Linlin ketchup's response was naturally noticed by the business reporters and some people who paid attention to this matter, and it quickly spread on the internet.
This shocked countless people, especially those business people who paid attention to Linlin company.
They were all wondering how the boss of Linlin company would fight back, but they did not expect him to do it in such a way.
It was obvious that he wanted to have a bidding war with the other party.
When they heard the news, many people shook their heads. It could be said that Hans and the Henry family had the advantage in the price war, while Linlin ketchup was at an absolute disadvantage.
It was the stupidest way to deal with it.
A finance professor named sun jinghou posted a video on the internet and expressed his regret, " well, the development of Linlin company has always been closely watched. Everyone is also curious about the boss behind Linlin company. What means did he use to develop Linlin company to its current state? "
but judging from the latest supply of Linlin's tomato sauce at 7 Yuan, we seem to have overestimated the boss behind Linlin. He chose the worst possible way to Bluff.
" if i'm not wrong, hans and the henry family will adjust the price immediately. at most, it'll be 7 dollars against 7 dollars. linlin ketchup won't be able to handle it. "
Indeed, the Henry family and Hans ketchup both accepted the challenge and raised the price to 7 dollars. This also let everyone know that the two sides had reached the point of white-heat.
The finance professor, sun jinghou, posted another video after he heard the news. as everyone can see, as I expected, the Hans and the Henry family immediately adjusted the price to 7 dollars to fight back.
this is the same as letting Linlin ketchup roast itself on the fire. They won't be able to deal with it in the future. However, there will always be a way. If Linlin food company is willing to give me the shares, I'm very willing to join Linlin food company and help with the planning.
The video was soon seen by everyone. Some people even @ Linlin food company, wanting to see their reaction.
Obviously, no one paid attention to this matter. Deng Guang had already contacted the person-in-charge of the tomato sauce brands in China.
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