Chapter 1081: A Market Size Of 2 Billion Yuan!
Chapter 1081: A Market Size Of 2 Billion Yuan!
The super factory has not yet been established, and Longteng Insurance can only temporarily use FAW as its resident.
After O'Henry's inspection, offices will be established in major cities across the country, combining with the national sales channels established by Yao Ze.
Let Longteng Insurance Company be completely bound to the vehicle and become an indispensable part of the automobile industry chain.
In order to demonstrate his working ability, O. Henry paid a special visit to FAW's director Geng Zhaojie the next day.
FAW Longteng has sold a lot recently, and O. Henry wanted to get some data from Geng Zhaojie.
"Director Ou, our FAW is currently producing 5,127,000 peak Nissan cars, all of which are SKD jobs. In the past month, the number of regular and high-end cars has reached more than 13,000.
Theoretical sales through the national sales channels are roughly around 4 billion RMB, but the actual profit is only around 600 million..."
At the beginning, Geng Zhaojie didn't know what happened to O. Henry, who was not an ordinary person at first glance, looking for him.
But after getting the other party's business card, he immediately realized, isn't this someone from Longteng International Insurance Company?
Is it also Mr. Chen's property? Mr. Chen is so powerful! Even people from Xiangjiang can be sent to the mainland.
At this time, only mainlanders were going to Xiangjiang, and they had never heard of this kind of reverse operation. Geng Zhaojie was quite surprised that O. Henry's appearance was true.
"That is to say, among the 13,000 vehicles that leave the factory, almost no customers choose auto insurance? And if a car is added with an auto insurance of about 200 yuan when it leaves the factory, theoretically, it can have an income of about 2.6 million yuan a month, and a year. There are 30 million flowing water..."
After hearing this data, O. Henry immediately fell silent. The mainland is indeed an "insurance desert" [just one year's turnover of compulsory traffic insurance exceeded 30 million.
What about other additional risks?
Xiangjiang's set was immediately formed in O'Henry's mind.
And this is just a mainland car company.
If other car companies are counted, wouldn't it be easy to create a market of "100 million" yuan?
And at this time, strictly speaking, there are only two companies in mainland China entering the auto insurance industry, and one of them, Ping An Insurance, is still kept in the dark!
In other words, before the Transportation Commission officially introduces compulsory traffic insurance next year, only Longteng International Insurance Company will enter the market in the entire mainland.
This is a billion-dollar market!
Remember this was in the 90s in 1992!
Ten thousand yuan households are all people with face.
When Forbes entered China for the first time in 1995, Mou Qizhong ranked fourth in Forbes with only 800 million RMB in personal assets.
Now you tell me that the 100 million yuan market is easy?
Do you want me to steal money?
It can be said that stealing money is not so fast!
This is simply lying on the road and collecting money!
And this is still legal income, even if you have to pay various additional taxes in the later stage, the income is still an unimaginable amount of money!
This is why Chen Feng wants to promote insurance companies.
Because in the 90s there were really no competitors.
This is one of the few profiteering industries that is completely legal to make money!
In future generations, you will never find this kind of profiteering industry, even real estate will stand aside!
The billion-dollar market estimated by O. Henry greatly underestimated the insurance industry. ……
We must know that a giant in Ping An Insurance, together with other pheasant insurance companies, has achieved a market size of "2 billion yuan in the insurance market.
That was 2 billion yuan in the 90s!!!
Can you imagine how this number came about?
Even if you go to rob banks and smash pawn shops, you can't find so much cash!
Anyway, Chen Feng will not copy Ping An Insurance's show operation.
Chen Feng As long as Longteng International Insurance Company dominates the market in auto insurance and other major insurance items, it will be fine.
As for those insurance companies' slapstick operations, unspoken industry rules and so on, let Ping An Insurance bear the heavy infamy!
O. Henry simply counted and knew how much room for manipulation there is. Now the insurance market in mainland China can say that it is not too much to say that there is huge profit.
No wonder Chen Feng is anxious to ask Li Zekai to send him to the mainland. The market of 5.4 billion yuan is just a waste of money.
Now, before everyone reacts, seize the market first, and then reach in-depth cooperation with car companies. After the Transportation Commission introduces policies, it is really lying down and collecting money!
The 100 million yuan market will allow me to trade, just thinking about it will feel exciting, coming to the mainland, this must be the most brilliant stroke in my resume!
And O. Henry also admired Chen Feng very much, oligarchs are indeed oligarchs, and they don't enter industries that are not profiteering!
And Chen Feng wants to say that there are too few industries where Xi Shilonggui can make money legally and make huge profits.
This time, the semi-monopoly business of insurance was caught because of desperate efforts to squeeze wool. .
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