Rebirth, I am the most powerful business tycoon
Chapter 040
After successfully acquiring New World Daily, Sun Wei immediately informed Jiang Feng of the news.
In the afternoon of that day, Jiang Feng had an hour-long meeting with the editor-in-chief of New World Daily. After the meeting, Jiang Feng immediately injected HK$5 million into New World Daily.
At the same time, Chen Fairong, as the representative, transferred two people from the financial and human resources departments of the food company to the New World Newspaper. next day
《New World Daily held a press conference to officially announce the newspaper’s transformation into a free newspaper!
Provide free newspapers to the people of Hong Kong.
As soon as the news came out, the entire Hong Kong newspaper industry was shocked.
Some people working in the newspaper industry have sternly denounced New World Daily in newspapers as a disgrace to the Hong Kong newspaper industry. It violated industry rules and should be closed down.
Some people think that”New World Daily” is sensationalizing.
Providing newspapers for free means that the newspaper company has no source of economic income and has been losing money.
How long can it be supported?
In the end, bankruptcy is inevitable.
In fact, this is not the first time that free newspapers have appeared. There was one in 1962, but it was short-lived and went bankrupt after only a few days of publication.
One hundred thousand servings a day.
The cost of a newspaper, excluding content and labor costs, is 30,000 Hong Kong dollars in printing costs alone.
With 30,000 yuan per day, how many companies can afford to lose money?
However, Jiang Feng suffered a loss.
Now food companies and beverage companies can bring him a net profit of 30 million Hong Kong dollars a month.
Even if you lose 30,000 yuan a day, it will only be 900,000 yuan a month, which is less than 1 million Hong Kong dollars.
One million Hong Kong dollars is not worth mentioning to Jiang Feng now.
Moreover, for one million Hong Kong dollars, Jiang Feng felt that it was worth it to own a newspaper with the largest circulation in Hong Kong, whether it was the potential influence or other aspects.
Besides, who says free newspapers will definitely lose money?
When the Internet industry in later generations first occupied the market, they all started with free services, such as music, reading information, and making money, etc.
Free is just a business model.
Once Jiang Feng takes over the Xiangjiang newspaper market through free newspapers, when merchants want to promote, their promotion prices must not be doubled?
Of course, if other newspaper companies want to avoid being eliminated, they have no choice but to join this free feast.
When that time comes, it all depends on who has more money and who can afford it.
As for comparing money, it is currently for Jiang Feng.
Except for tycoons such as Li Jiacheng, Huo Yingdong, and Bao Yugang, Jiang Feng is really not afraid of others.
Therefore, Jiang Feng was confident when he proposed to convert”New World Daily” into a free newspaper.
The outside world doesn’t think so.
Although newspaper practitioners believe that”New World Daily” is sensationalizing and attracting attention.
However, this trend is resisted by many newspaper practitioners.
If newspapers are free, how will their value be reflected?
Unlike the newspaper staff who share the same hatred and hatred, the people in Xiangjiang hold a supportive attitude.
(We will stop updating novels on this site, move to our new site: https://readwn.com////)
A newspaper costs two or three Hong Kong dollars.
Most people subscribe to several newspapers, which costs two to three hundred Hong Kong dollars a month.
Nowadays, some people provide newspapers for free. Even if you don’t read them, you can just take them back and use them as toilet paper….
For a time, the whole of Xiangjiang became lively because of”New World Daily”…….
On the third day, the New World Daily announced the first day of free newspaper distribution.
Countless pairs of eyes are staring at”New World Daily”; they want to see if it is really free.
At six o’clock in the morning, vans were transported from the New World News headquarters building to bustling neighborhoods such as Tuen Mun, Mong Kok, Causeway Bay, Central, and Tsim Sha Tsui.
Some people who heard the news stood in front of the newsstand.
Look at the bundles of newspapers placed at the free newsstand.
Someone immediately came forward and said,”Boss, give me a copy of”New World Daily”》”
“immediately!”
The newsstand owner took out a copy of”New World Daily” and handed it to him
“No charge?”The man asked hypocritically.
The newsstand owner shook his head,”This newspaper is free.”
At this time, other onlookers suddenly said in shock,”Is this”New World Daily” really free of charge?
The boss shouted loudly:”Come on!” Newspapers are free, and each person can receive one.”
Some passers-by heard that they could get newspapers for free, and they immediately came over to watch.
“Boss, can I get any newspapers for free?”
“Boss, get me a copy of Mingpao”
“I want a copy of the Sing Tao newspaper”
“Please note that as long as New World Daily is free, other newspapers require money.”
As soon as these words came out, some people who didn’t understand what was going on began to mutter and shouted:”What’s going on? Didn’t you say you can get newspapers for free? Why do you still need money if you declare clearly?”
“that is!!”
“Isn’t this a lie?”
“What can I say? If you want to blame them, just blame them for wanting to make money. It is better to blame New World Daily for giving away newspapers for free!!”
“Yes, free newspapers, I never thought about it before”
“It seems that I can save two yuan a day on newspaper fees in the future!”
Some readers who pay attention to content said disapprovingly:”The quality and content of free newspapers are worrying. Most of them are just gossip.”
“You’re wrong. Look at what’s wrong with this article. Look at this current affairs commentary. It analyzed that three companies including Pepsi-Cola and Coca-Cola sued Master Kong in the past two days. You can see that this analysis is correct….Just because you charge so much, you can’t ask others to charge so much.”
“That’s right, I think this person is right!! Master Kong is willing to sell to the public at low prices, and Master Kong’s products are very cost-effective!! And foreign-funded companies like Pepsi just want to come to Hong Kong to make money….Now we have to sue our local companies and support Master Kong no matter what.”
“I also support Master Kong!! None of my children drink Pepsi now….”
“…….”
Ps: There is something going on at home today and I am unable to update the post. Sorry!!
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