Vol 2 Chapter 635: It's good to be seen jokes
Mooresville, North Carolina.
Lowe's corporate headquarters.
"Zuke Wald really became a shareholder of Menards Home Improvement. We must pay attention to this matter."
"Of course it is!"
"As we all know, since 1995, Zhuke Wald has continuously invested heavily in various industries such as media and entertainment, the Internet, sports, food, hotels, real estate, etc., and most of them have achieved considerable returns, especially Golden Dawn Entertainment Group is now second only to Hollywood's six large-scale media groups. For this alone, we can't overemphasize it even if we put 12 points on it."
"John Manard Jr. deserves to be a model of starting from scratch, with enough means!"
For a time, a group of executives in the conference room at Lowe's headquarters had a heated discussion.
First of all: Little John Manard is enough to give them a headache.
CEO Robert Niblok said in a deep voice: "The degree of difficulty of John Manard Jr. must be clear to everyone. Our Lowe's Company wanted to enter the Wisconsin home improvement market several times, but what happened? We spent With more than 200 million U.S. dollars in funding, they have fallen into the sand in Wisconsin time and time again."
The voice fell.
All the executives present nodded in unison.
Wisconsin, one of the 50 states in the United States, is not a state with particularly developed economic conditions, but it also has a permanent population of more than 5 million.
This 5 million permanent population represents the personal home improvement market of several million people.
As long as it is an ambitious home improvement chain brand, it will naturally not give up.
The same goes for Lowe's.
However...they were overwhelmed time and time again by Jr. John Manard.
"A little John Mannard is enough to give us a headache. Now there is another Zhuke Wald, my goodness, in the future we are thinking about entering Wisconsin, it is almost impossible to compare it to the sky! "
An executive couldn't help but be astonished.
Everyone looked stiff.
Just give up a market of millions of people, to be honest...They are a little unwilling.
"Not reconciled, then what can you do?"
CEO Robert Niblock said coldly: "The most taboo thing in business operations is to go head-to-head. Since nothing can be done, there is no need to waste extra human, material, and financial resources. Now adjust the plan and temporarily abandon the Wisconsin market. Attack the markets of other states."
The crowd nodded rather unwillingly.
But as Robert said, there is no benefit to head-on.
The most important thing is Zhu Ke's huge wealth, which makes them daunting.
.......
Atlanta, Georgia.
Home Depot Corporate Headquarters.
It is one of the largest retailers of household building materials in the United States, the number of branded chain stores is second only to Wal-Mart supermarkets, and it is firmly in the top spot in the sale of personal home improvement products.
In 2020, the "Forbes" 2020 global brand value top 100 list was released, and Home Depot ranked 34th, with an annual turnover of more than 110 billion US dollars.
Of course this is the future.
However, even now, Home Depot is still the industry’s number one, with more than 700 stores across the United States. Its profit for the entire year last year was outrageously more than 40 billion U.S. dollars, occupying more than 45% of the market share in the personal home improvement sector. .
A proper industry giant.
However, at the moment, the atmosphere in the Home Depot conference room was solemn.
Many shareholders and executives of the company expressed concern about Zhuke joining Menaz Home Improvement.
"Humph!"
Arthur Blank, one of the founders and chairman of Home Depot, snorted coldly: "Does a Zucker Wald scare you?!"
"..."
Everyone is speechless.
"I know that Zhuke Wald cannot be underestimated. The rapid rise of his wealth and the amount of wealth he accumulates is shocking, and it is even a miracle that cannot be replicated."
"He is known as a gold medal producer and talented director in the film industry;"
"He is known as the little emperor of TV in the TV industry;"
"He is known as a financial superman in the financial venture capital industry;"
"He is also known as an excellent angel investor and Internet tycoon in the Internet industry;"
"Of course, he still has many, many titles. In just a few years, almost all the industries and companies he fancy have achieved incredible development, creating amazing miracles one after another. Now, he has entered the personal In the home improvement industry, through his glorious past achievements, you have expressed your concerns, and I can fully understand it."
"But... this is not why you are afraid!"
"Don't forget, in the field of personal home improvement, our Home Depot Company is the industry leader!"
The words of Chairman Arthur Blank are full of power.
He has never been a person willing to give up!
In the 1970s, before the establishment of Home Depot, the founders of Home Depot, Arthur Blank and Bernie Marcus, were only the heads of the hardware department of a group company. They were migrant workers. They both managed very well. It succeeded, but the department was later sold by the head office and the two people were immediately expelled.
However, they are not discouraged and want to return to the hardware industry.
Arthur Blanc therefore had the idea of creating a company.
In the process of discussing the new company, the two of them asked themselves a very important question:
"If the two of us have not been fired and are still operating the previous hardware department, then what kind of opponent can we not defeat?"
The conclusion is: "We can't compete with those giant, concise, low-priced opponents."
So, the two of them began to think about how to become such a company...
After a long discussion, they decided to create a company that was completely different from the hardware store they were familiar with. This company was Home Depot.
They also decided:
"Own store is twice, three times, or even larger than an ordinary hardware store."
"To sell more goods."
"The price is also 10-20% cheaper than peers."
Due to the large size of the store, they did not have enough funds to buy goods that could fill all the shelves. They found a pile of empty cardboard boxes with dealer logo stickers from the dealer, and put the empty cardboard boxes on top of the shelves. Let consumers feel that this store really has a lot of inventory.
When the mall officially opened, consumers saw a wide storefront and full of goods, and felt that it was a store with a very complete range of goods.
Arthur Blank said: "In the early days of starting a business, we must do everything possible to make this thing successful. It's like a slang phrase: pretend to be successful until you really succeed."
In 1978, the first store of Home Depot was born;
In 1981, the first branch was opened;
Listed on the New York Stock Exchange in 1984;
In 1986, sales exceeded 1 billion U.S. dollars, and the first super large-scale shopping mall with an area of 140,000 square feet (approximately 13,000 square meters) was established;
As of November 2001, it has more than 700 stores in 50 states in the United States, and more than 50 large stores in overseas countries and regions;
A proper industry giant!
"We are so powerful, do we need to be afraid of others?"
Chairman Arthur Blank said: "Zuke Wald has indeed created one miracle after another, but in the field of personal home improvement, we are the first! It is not us who needs to be feared, but him!"
Before the words were over, all the executives present felt enthusiastic.
Zhuke's name is indeed very loud and will make many people daunting, but it does not include some people, such as Arthur Blank.
Finally, Arthur Blank smiled lightly: "Don’t say anything else, he was given a piece by John Mernard Jr. for Zhuke Wald’s investment in Maynard’s home improvement this time. So, he is just a person, not a god, and we have nothing to fear."
......
Wisconsin ~www.wuxiaspot.com~a restaurant.
Little Edward Roskie, the owner of New York’s Roskie Real Estate, smiled at Zhu Ke after his meal, “Man, you’ve been told by Manard, it’s gone crazy now, and the major media are really connected. Fan reported it."
"Well, it is said that there are still a lot of people who have made jokes."
Hearing that, Zhu Kesi did not see annoyance, and calmly said: "It is sometimes a good thing that the undefeated golden body is broken. At least the hostility of the outside world towards me is much less now, which will make my future various Investment becomes more and more handy."
Little Edward nodded immediately.
He said: "You who have always succeeded, let the outside world pay too much attention to you. This is not good. Now it is very good. At least tell the outside world that you will also fail and you will be laughed at. This kind of firework is absolutely Very suitable for your future operations."
"" Fifth more sent.
Waiting for a long time, until midnight did not fulfill the promise of bursting, mainly because the author Junshoubantang!
