Chapter 441 - Did It Mean I can only Mass-Produce in Tears? (1/2)

“Alright, that is all I have for the news conference today. I would like to express my sincere gratitude to everyone here today!

“Everyone, please leave in an orderly manner. You can collect your small gift at the entrance.

“You can log on to the official website of Otto Technologies if you are interested in our cell phone to place an order. Upwind Logistics will deliver it to your door as soon as possible!”

Chang You looked at his watch and heaved a sigh of relief as he prepared to step down. He had successfully controlled the event to be within an hour.

However, someone started shouting as he walked halfway down the stage.

“This was it?”

“You’ve not said anything!”

“Tell me more specifics; I want to buy it!”

“Don’t shout, go and order it now; otherwise, there will be no more stock!”

The audience was in a mess. There were all sorts of shouts. Chang You kept Boss Pei’s advice in mind and resolutely controlled the duration of the news conference within an hour. He, therefore, ignored the strong demands of some people and continued to exit the stage, forcibly ending the conference.

Many quick-witted people below the stage had taken out their cell phones and logged on to the Otto Technologies’ website to purchase the phone.

There were only 1,000 units; wait any longer, and there would be none left!

That was not only a competition among the people at the news conference but also among the 20,000 to 30,000 viewers on the livestream website!

Those who were not very interested in mobile phones started to exit the show orderly and went to the door to receive the gifts. It seemed as though the number of people who left the conference was only about 60% of the people who attended.

Many people had no plans to move at all!

Obviously, most participants in this news conference were loyal Tengda users. They were closely connected to Tengda’s items in their daily lives. Their desire for this cell phone was much higher than that of ordinary consumers!

Therefore, the proportion of people who stayed to grab it was relatively high! Pei Qian sat in the corner, looking anxiously at this scene. Go! What are you still waiting here for?! Pei Qian looked at the guy on his left, only to see his fingers quickly tapping his screen, filling in the delivery address on the Otto Technologies, and then confirming payment all at once.

He did not forget to clutch his fist after the payment went through. “YES! I snatched one!”

The others seemed to be doing the same action!

There was no need to even think about what these people at the news conference could do staying at the news conference event. They were, of course, snapping up the products!

Pei Qian wanted to scream at the top of his lungs: ‘Don’t buy! Don’t buy them!’

However, the scene seemed to be out of control…

Pei Qian hurriedly opened his cell phone and logged on to the Otto Technologies website. He went to the OTTO E1 cell phone product description page and saw the remaining numbers on the page.

327! Refresh, 116! Refresh again, sold out! Pei Qian heard a resounding ‘f*ck’ exclamation in the venue with the appearance of the ‘sold out’ label.

“This was it?”

“Sh*t! I just filled in my address!” “The importance of hand speed…” “I’m so happy I managed to grab one!” “Is there anyone willing to give theirs up? I’ll pay more; give me one set!”

Someone was already starting to pay a premium.

Pei Qian nearly vomited blood. What the hell was this?!

Crazy, they were all crazy. He originally planned for these 1,000 cell phones to be placed in the storage until the next cycle. Now, they were sold out before two minutes!

That included the time everyone spent typing on the screen. The ‘sold out’ sign would probably be even faster if it was not because they had to fill up the address. Everyone reluctantly prepared to leave while sprouting vulgarities. “Hunger marketing! F*ck!”

“What can 1,000 units in stock do? I’m so pissed off!”

“Damn, I should have just gone to the website when the news conference started when they announced such limited stocks! I did not react

well!”

“When will it be restocked?”

“They are really blinded by money. What’s wrong with the cell phone producers nowadays? Do they have to engage in hunger marketing before they can sell?” Pei Qian was pulled along by the crowd. Now, he felt miserable.

It really wasn’t hunger marketing!

Hunger marketing was indeed hunger marketing, but I did not have any plans to sell!

I planned to produce 1,000 units with little losses, but you bought all of them. I didn’t expect this to happen! I did not blame all of you even though you’ve bought all the goods, and yet you are blaming me?

Pei Qian had nowhere to vent his anger.

So… what could he do next?

Pei Qian grew worried.

A staff member saw Boss Pei as soon as he walked to the door and quickly pulled him aside. “Boss Pei, come quickly, Vice President Chang is waiting!”

Pei Qian was dragged to the preparation room next to the venue with a dazed expression. As soon as he entered, he heard a ‘bang’.

Fireworks and ribbons are flying in the air, it seemed like… there was also a champagne cork?

Chang You held the champagne with the employees of Otto Technologies gathered around and applauded warmly.

“Boss Pei, this cell phone news conference you arranged is a classic marketing case that has never been seen in the entire cell phone industry. It will definitely make it to the annals of history and be studied repeatedly by major cell phone brands!

“Through the method of wanting and suppressing, the price and limited stocks were raised from the beginning which aroused the interest and tension of consumers for the scarce stocks. Explaining the advantage of the cell phone within five minutes instantly ignited the audience. It formed a hot topic on the net.

“Finally, emphasizing on the disadvantage of the cell phone and showcasing the impressive attitude of our company so that we firmly grasp the hearts of target users and greatly strengthen their desire to buy it!

“I really didn’t expect that the 1,000 units would be sold out just after the press conference. That meant that Otto Technologies’ strategy to enter the high-end market had achieved initial success!