Chapter 1034

Chapter 1034

Tang Yu looked serious and said in a serious tone: "Abandon the low-end market and fully adopt the high-end route!"

"What? Give up the low-end market and go all-out high-end?"

Hearing Tang Yu's words, Mr. Ning and others were all shocked. They did not expect Tang Yu's idea to be so crazy.

Mr. Ning deeply understood that the Ning family, which was engaged in the textile industry a hundred years ago, mainly relied on the low-end market to survive. Now Tang Yu suddenly said that he would give up the low-end market, which caught him off guard.

Tang Yu nodded and said: "That's right! If the Ning family wants to develop for a long time, they must give up the low-end market!"

"This...isn't this appropriate?" Ning Hao couldn't help but ask.

"Nothing inappropriate!"

"Chronic suicide? Your Highness, is it really that serious?" Xiao Yushu asked in shock.

Tang Yu nodded and said: "Of course it's serious! Ning's cloth shop is famous throughout the Tang Dynasty, and as far as I know, the Ning's cloth is exquisitely made and the quality is the best in the industry, so the cloth sold by the Ning's is better than the ordinary ones on the market. Cloth is more expensive, so by engaging in a price war this time, we are actually lowering our prices!"

"That makes sense!" Ning Wan'er said thoughtfully.

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"well!"

"Only made two thousand taels?" Hearing this, Ning Hao, Xiao Yushu, Ning Wan'er were all stunned.

Tang Yu nodded and continued to ask: "Old man, under normal circumstances, how much money can these tens of thousands of pieces of cloth make at least?"

"Because most of the Ning family's cloths are priced relatively high, normally tens of thousands of cloths would cost at least 10,000 taels of silver!" Mr. Ning said truthfully.

"That's it!"

Tang Yu said to everyone seriously: "In the past, the Ning family made all low-end, mid-range, and high-end cloths. Now the situation is different. The Tang's Cloth Factory has appeared on the market. When it comes to low-end, in the long run, everyone will be able to make it." It can’t be compared with Tang’s Cloth Factory! If it can’t capture the low-end market, other textile industries will definitely capture the mid-range market!”

"The cake is only so big. How much benefit can the Ning family get from a group of people snatching the mid-range market? Instead of doing this, the Ning family might as well specialize in the high-end market! As long as the high-end market is managed well, the total annual profit of the Ning family will definitely not be too high. Low, not even Tang’s Cloth Factory can compare with us!”

"This..." When Tang Yu said all his thoughts, Mr. Ning and others hesitated.

As a modern person, Tang Yu knows very well that given the current situation of the Ning family, the Ning family has to abandon the low-end market. After all, you cannot have your cake and eat it too!

Just like today's global car market, Mercedes-Benz, BMW and Audi are all taking the luxury route. They are priced very high, but a large number of customers still buy it every year, especially Mercedes-Benz. In the BBA, Mercedes-Benz generally has the highest price, and Mercedes-Benz's global annual net profit ranks first No. 1 in the industry, no one can shake its leading position.