After acquiring Wells Fargo, Li Zetian also had his own financing institution, and he could use the bank's funds to develop his career in the future. Many future acquisitions will be billions or tens of billions of dollars at any time. Without the support of the bank, it will be difficult to successfully acquire these companies.

As powerful as Li Zetian, he currently has not much cash reserves.

"Mr Li, do you have any other instructions?" asked Wells Fargo Categories Nick Paul.

Li Zetian thought about it. He has been in the United States for so many years and found that atm is relatively small, and atm between different banks cannot be connected to the Internet. For example, Citibank users cannot withdraw money from the Bank of America atm, and American users cannot withdraw money from the Bank of America atm.

This is very inconvenient, but it also means huge business opportunities!

Li Zetian organized a language in his heart and said: "I think Wells Fargo can consider vigorously developing ATMs and establish ATMs across the United States, such as supermarkets, department stores, cinemas, commercial streets, stores, etc., where people have a large traffic and need to consume. In addition, contact other banks, and we will form an ATM network together to unify bank cards so that customers can engage in financial transactions across banks, making the Internet more convenient for cardholders to use ATMs. People can use a bank card to get cash on the ATMs of different banks!"

"Mr·li, we invest heavily in building an ATM. Other banks can enjoy the benefits without spending money on ATMs. Wouldn't it be too cheap for them?" asked a Wells Fargo executive.

Li Zetian smiled faintly and said, "If other banks' users withdraw or transfer money across banks on Wells Fargo's Atm, we will need to charge a part of the surcharge! In addition, we can also charge a part of the surcharge if we withdraw money from other places."

Wells Fargo ceo Nick Paul's eyes lit up and he said excitedly: "MR·li, your trick is so wonderful! In this way, users of other banks have become users of Wells Fargo, and the surcharge alone can make a lot of money. In addition, due to the existence of this surcharge, users will greatly promote users to become Wells Fargo depositors, because in this way, they do not need additional surcharges to withdraw money from our atm! At the same time, through the atm, the Wells Fargo brand can also be promoted, gain popularity, and make more people our users!

In addition, the U.S. Supreme Court ruled that atm does not belong to a branch of a bank! If atm represents a branch of a bank, then the regulations restricting the establishment of branches across states will limit the further development of atm. In other words, there is no restriction on opening atm across the country, and we will establish countless profitable sites!!!”

Li Zetian nodded with a smile and said, "Well, what Nick Paul said is similar to his meaning, so investing in establishing an ATM will be a key project of Wells Fargo! As far as I know, Citibank has done a very good job in ATM. Do you remember that in 1978, a blizzard also covered New York?"

Li Zetian paused, and before everyone could answer, he continued, "At that time, the snowstorm was too heavy, and road traffic became extremely difficult, and many banks and stores had to close their doors and close their businesses. Citibank released an advertisement in time: In the picture, New York citizens were struggling to move hard before the blizzard, and came to Citibank's atm and withdrew cash. After that, a famous slogan appeared: 'Citibank never rested'. This blizzard suddenly increased the usage rate of Citibank's atm by 20%. Since then, Citibank's atm service has gradually become popular. By 1981, Citibank's deposit possession in New York even doubled!!!"

Everyone present knew about this. When they heard this, they couldn't help but nodded. At the same time, Li Zetian established an excellent image and high prestige in their minds. They thought that this new boss was not aware of the banking career, but he still had some tricks!

Under the respectful eyes of everyone, Li Zetian said goodbye. Although he was talking very well, he was not familiar with banking business. In addition, he was afraid that he would say too much, which would affect the decisions of Wells Fargo's management.

...

On February 1st, Nintendo's FC game console was officially released throughout Japan.

President Hiro Yamauchi attaches great importance to the release of FC and comes to Akihabara in person.

"President, Flamingo Company is really too bullying. It actually threatens third-party game developers not to develop games for Nintendo, and they are shameless. They say with a high voice that it is already the limit for game companies to develop three games a year. If there are more games, the quality of the game cannot be guaranteed, and they may not pass the review of Flamingo Company. Humph, this is not a threat or a threat?! Who doesn't know that according to the requirements of the premium system, except for the subsidiary of Flamingo Company, other game companies can only release three new games on the Flamingo-1 game console platform every year, and they are all exclusive games and cannot be released on other game platforms. If the third-party game development company also plans to develop games for Nintendo, then the number of games developed will exceed 3, and it will be rejected by Flamingo Company on the excuse of poor game quality!" An employee said angrily.

Yamauchi Hiro looked silent and stared at the shops on both sides of Akihabara.

Flamingo's suppression of Nintendo's FC game console was long as he expected. If it were him, he would have suppressed his competitors mercilessly.

At present, whether FC can break through the siege and win the support of third-party game developers depends on today's sales!

Flamingo's premium system has long caused many game developers to complain, but it cannot be separated from Flamingo. If the FC sales are good, some game developers will definitely consider developing games on the FC game console platform.

As the saying goes, "It is better to be a chicken's head than a cow's queen."

For some companies, they can't make a name for themselves on the Flamingo-1 game console platform, but on the FC game console platform, if they can get Nintendo's publicity and help, the sales may be higher. In addition, Nintendo's conditions will not be as harsh as Flamingo.

The Flamingo Company is simply exploiting them!

In fact, they didn’t know Li Zetian’s good intentions. It was with the premium system that the quality of the game was guaranteed. Game development companies would strive to make the game the best. Because they knew that under the conditions of limited number of game development, the better the game quality, the more money they could make!

Nintendo has developed games in Japan for many years and still has a group of fans. That morning, Akihabara welcomed a large number of players, which seemed very lively.

"President, there are quite a lot of people!" The people around Hiroshi Yamauchi said happily.

Yamauchi nodded and said in a low voice: "The price of FC is 250,000 yen ($100), while the price of Flamingo-1 game console is 50,000 yen ($150). Not only does the performance of the game console exceed Flamingo-1, but the price is 50,000 yen cheaper. The only thing that FC can't compare with Flamingo-1 is that there are too few games on this platform, and we alone cannot develop too many games!"

This time, Nintendo has invested a lot of money. FC is almost sold at a cost price, hoping to seize the market through low-price strategies and then make money through game cards. From a strategy perspective, there is no problem at all, and it is very correct, but Nintendo does not have strong capital. There are so many words to eat in such a large company, and if the product is not profitable, it means that the company will face losses every day. If the sales of game cards are not good, it will be difficult for Nintendo to maintain it.

Li Zetian learned about the release of Nintendo immediately and frowned, "Nintendo wants to fight a price war with Flamingo? Well, then I'll stay with you to the end!"

Then, Li Zetian picked up the phone and contacted Nolan Bushnell, the flamingo company. He first asked about the situation of the second generation of Flamingo game console: "Bushnell, how is the development of the Flamingo-2 game console?"

"After completing three-quarters, we should be able to catch up with the Christmas promotion in December this year!"

"Well, this is great!" Li Zetian was delighted and said, "Since the second generation of products is about to come out, then Flamingo-1 will start to reduce the price by a big drop. On the one hand, it will seize more users, and on the other hand, it will block the development of other companies!"

"Okay, I understand! Nintendo officially launched FC today, with a price of 250,000 yen. So, the price of MR·li, Flamingo-1 has dropped to 200,000 yen. What do you think?"

"Can!"

As soon as the conversation ended, at noon that day, Flamingo Company announced that the price of Flamingo-1 was reduced to 200,000 yen.

Yamauchi Hiroshi received the news immediately and his face turned pale.

After a while, Ye Qiuyuan was inquiring about the news and the sales of FC suddenly declined. Many users who originally bought FC instead bought Flamingo-1.

"President, do we want to cut prices?" asked a young assistant.

As soon as he finished speaking, he immediately encountered opposition from some people.

"FC was just released this morning, and the price suddenly dropped in the afternoon. What did you think about previous users?"

"Yes, you can't reduce the price easily!"

"But, Flamingo-1 originally had an advantage, but now the price is lower than FC, so customers are buying Flamingo-1. We are working hard to promote and attract people to the store. Wouldn't it be a wedding dress for Flamingo-1?"

Yamauchi Hiroshi was silent for a long time, waved his hand to interrupt the quarrel, and said in a deep voice: "It is definitely not possible to reduce the price. Changes in the orders every day will cause great damage to the company's reputation!"

"President, what should we do? You can't just sit still, right?"

Yamauchi Hiroshi said in a deep voice: "There is no need to reduce the price, but we can change the method, such as giving users two game cassettes for free, and previous users can receive two game cassettes at any time!"

When everyone heard this, they said that this method was good.

At this time, Yamauchi's voice increased by several decibels, and he said loudly: "Now, many third-party game developers are watching us. If we want to win this battle, we must have extraordinary courage!!!"

"I understand, President, then I will issue your order now!" said the assistant.

"Yeah, go!"

Soon, Yuki Yamauchi's decision was made.

After hearing the news, Li Zetian couldn't help but smiled playfully, and said to Dongfang Yuqin: "Notify Nolan Bushnell that Flamingo Company will also give you two game cassettes..."
Chapter completed!