Rebirth I Am a Chaebol In Korea

Vol 3 Chapter 33: Pinduoduo

"It doesn't matter, President Pei, you have done a good job. I believe the Five Star Life Club will get better and better in the future."

Zhou Wenhai comforted Pei Jiaen a few words.

"Yes, President, the problem with our Five Star Life Club is that the popularity of maternal and child products is not high. I would like to apply to you to increase advertising investment."

Pei Jiaen took the initiative to speak out his problems.

"Yes, you can check with Minister Liu of the SBS Broadcasting Center for specific matters. You are responsible for recommending the person who is the spokesperson for mother and baby products, and I will make the final decision."

"Yes."

Pei Jiaen sat down and Zhou Wenhai glanced at Wen Xuanya, who was sitting beside her expressionlessly. The relationship between the two of them didn't seem to be as good as he thought.

"President Bae, you seem to have forgotten something?"

Zhou Wenhai asked with a smile.

"Yes" Pei Jiaen stood up and said, "Let Xuanya xi report to you about Sulwhasoo."

Wen Xuanya stood up, some of them recognized Wen Xuanya as a member of the former ninemuses, and they discussed privately below.

"Quiet."

Zhou Wenhai yelled, "Xuanya xi, tell me."

"Yes" Wen Xuanya glanced at Zhou Wenhai, then looked down at her own files, "The most important issue for Sulwhasoo now is that some duty-free shops charge additional operating fees and TikToklive sales candidates."

Zhou Wenhai cast a positive look at her, and then he said: "Xuanyaxi's questions are all about the point. Regarding Lotte and other duty-free shops charging our operating expenses, I decided to add Sulwhasoo to our business operations. Withdraw from the duty-free shop."

Zhou Wenhai's remarks caused these people to discuss in a low voice below.

"President Lee Boo-jin and I have already negotiated that our Sulwhasoo will be stationed in all of their Shilla Duty Free Shops, and President Bae will be responsible for connecting with the people at the Shilla Duty Free Shop."

Now, the downside became quiet again.

"Yes."

"Xuanya xi will be responsible for the candidates for live."

"Yes."

Wen Xuanya sat down after answering.

"Speaking of which, Attorney Jin, how did I ask you to meet President Li Fuzhen's lawyer?"

Zhou Wenhai asked Jin Dayuan about Li Fuzhen's acquisition of shares in Five Star Construction Corporation.

"President, the other party will send the stamped contract over today."

"very good."

Zhou Wenhai waved his hand to let Jin Dayuan sit down.

"Minister Luo, how about the recruitment of Five Star Construction Club?"

Zhou Wenhai asked Minister Luo of the Personnel Department.

"Yes, Mr. President, the staffing of the club is basically complete."

Minister Luo finished answering, Zhou Wenhai nodded and motioned for him to sit down.

"President Han, now it's your five-star department store."

President Han stood up immediately, "Yes, Mr. President, the total operating income of Five Star Department Store in the first half of this year was 368.4 billion won, of which domestic operating income was 52.4 billion won, and President Yoon’s business income from China was 2000. 100 million yuan, the rest is the service fee we help other clubs to sell on their behalf."

Five Star Department Store’s profit was 186.2 billion won, most of which came from agency sales service fees.

"Very well, President Han, how is the duty-free shop?"

"Chairman, we have already submitted the application materials for duty-free shops to Seoul City Hall. The city hall's review procedures are not complicated. The difficulty is that after the materials are submitted to the Ministry of Trade, Industry and Energy, they have very strict requirements for the review of duty-free shops. I I am afraid……"

President Han's voice became smaller and smaller when he said that.

"I see, I will take care of the rest."

Zhou Wenhai felt that he had to find a suitable time to go to Zhou Xingmao.

The last person to report is Li Zonghao from Five Star Home Club.

"President, the total sales of Five Star Home Furnishing Co., Ltd. in the first half of this year were 45.8 billion won, an increase of 15.2% compared to the second half of last year."

Five Star Home's profit is 16 billion won.

"Let’s come here for today’s meeting. President Shin will stay and everyone else can leave if they have problems."

Zhou Wenhai took President Shen to his office, and he asked the secretary to make two cups of tea to bring in.

"President Shin, please bring up any doubts about what I just said."

After the two sat down, Zhou Wenhai said.

"Yes, Sir, what I don't understand is what you mean by bargaining."

President Shin revealed incomprehensible words all over his face.

"Bargaining means people bargaining with merchants when they go to the market to buy things, but our bargaining is somewhat different from bargaining. This commodity is needed for bargaining."

After a pause, Zhou Wenhai continued:

"President Shin, let me give you an example. For example, there is a product you like very much in our five-star mall. If you want to buy it, you have to pay 100,000 won, but with this bargaining function, you can pass through us. T-talkApp of T-talkApp sends the bargaining link of this product to your friends, and let them help you bargain for free. If you get 100 people to help you bargain through the bargaining link, then you can get this for free Piece of merchandise, do you understand?"

President Shen said to Zhou Wenhai that this business model could not be understood for a while.

"President, is there any benefit to us in doing this?"

After thinking for a few minutes, President Shin asked.

"There are three benefits. First, we can increase the traffic of the five-star mall through the bargaining function, which is good for our five-star mall App downloads, browsing traffic and merchandise sales; second, we can drive people to come through the bargaining function. Download and use our T-TalkApp, because if you want to bargain, you must use T-Talk to send bargaining links to your friends, family, colleagues and other people around you, so we can have a chance to beat KaKaoTalk: As for the third point, you don’t need to know. Let’s do this well, and there will be many benefits in the future."

Zhou Wenhai's words made President Shen ponder again.

"President, I have one last question. Who should pay for the free product you mentioned?"

"Of course, our Five Star Group paid for it~www.readwn.com~ In the first stage, I plan to invest 100 billion won in products for promotion. President Shin, do you understand?"

"Yes, I understand."

President Shen said it bluntly, but judging from his expression, Zhou Wenhai thinks he is still not very clear about his intentions.

"President Shen, the idea I am talking about comes from an e-commerce platform called Pinduoduo from Huaguo, so let’s ask President Yin to contact Pinduoduo Club of Huaguo, and you will take the lead in selecting some senior five-star technology. Go to China to study and study."

Zhou Wenhai wants Koreans to experience the pain when all your friends send you messages asking you to cut a knife.

"Yes."

night

Seocho-gu, Seoul

After dinner, Liu Zongxiu and others practiced boxing in the yard. Zhou Wenhai was lying on the sofa in the living room. He was watching the eight o'clock news on SBS TV.

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