Skill Replicator

Chapter 0469: How Cheap

In November, for many Internet companies, it was originally a time when they were struggling to achieve performance, but many companies appeared to be worried.

Many people in the circle were suddenly poached by an Internet company called How Cheap, and many people wondered what kind of company this How Cheap is.

When I checked with the industrial and commercial registration agency, the legal representative of this company was Zhang Yunwen, a name that no one had ever heard of. She owns 10% cheaper shares in this company, and the remaining 90% is held by an institution called Wentao Investment Company.

As for this company called Wentao Investment Company, many people have heard of it before. It is a company that has contracted the first round of RMB 650 million financing for National Treasure TV. It has only one shareholder, Wang Tao.

Wen Tao, Zhang Yunwen, and Wang Tao seem to be connected now. It’s just the bigwigs of the Internet. I don’t know why Wang Tao suddenly started to get involved in the Internet if he didn’t make a good movie.

How cheap, it sounds like the name of the sales industry, as to whether it is takeaway or online shopping, or what it is, I don’t know.

Of course, Wang Tao didn’t have time to comprehend the speculation from the outside world. The ball team agreed to the audition program. Wang Tao didn’t care, and directly handed it over to Fan Bingbing to deal with it.

Many cheap companies are busy now, and new people are recruited almost every day. Of course, the core is the APP production team, this team is directly packaged and purchased by Wang Tao from a company that makes APP.

Now the overall framework of the software has almost been completed, and the rest is the construction of the database, the construction of the server, and the problems of network security.

But in the face of money, none of this is a problem. What Wang Tao wants to grab is time. There are already employees outside who have begun to constantly contact various sources of goods.

According to Wang Tao’s idea, in the beginning, you don’t need too many things, just some daily necessities, and others can be added slowly. There are also two ways for customers to cooperate, one is to supply, and the other is to settle in.

Wang Tao’s APP has not been built yet, and there are not many people who choose to settle in. Most of them still choose to supply.

After the construction of the APP was completed, Wang Tao immediately flew to Shencheng.

“I heard that you are making a big news recently. Are you planning to do a big project?” Xiao Ma asked with a smile.

“I want to be an e-commerce company.” Wang Tao said directly.

“E-commerce is not easy to do. Now Jianbao and Jingxi are the two dominant players. E-commerce is not a good choice.” When Wang Tao said about e-commerce, Xiao Ma said with a smile.

He set up an e-commerce platform less than a year after Jianbao was established. Unfortunately, after several years of operation, it can’t continue. In the end, it chose to merge with Jianbao. As part of the capital injection, Qiuqiu also became a shareholder of Jingxi.

“Does Ma always feel that the e-commerce market is saturated now?” Wang Tao asked, looking at Brother Xiao Ma.

“Yes, we chose to cooperate with Jingxi because of this consideration. Let’s not hide the fact that maintaining an e-commerce platform costs a lot and can’t make much money.” Xiao Ma nodded and said.

“Does Mr. Ma have any data? Which people use Fetion more?” Wang Tao asked with a smile.

“Feixin dare not say that all ages cover low-end, but as long as you can use a smart phone, you can basically use it.” Xiao Ma said with a smile. This is also what he feels proud of. QQ was really used by young people in the past. Covers all age groups.

“Mr. Ma, who are the more people who use Fetion to pay?” Wang Tao asked again.

“Of course everyone used it.” Xiao Ma spit out.

“My home is in the countryside. In the supermarket in our village, although Fetion and Payqianbao have QR codes, almost no one scans Payqianbao. In our market, almost no one uses Payqianbao to pay. Even many people don’t have Payqianbao on their mobile phones.”

“In my opinion, these people who are used to paying with Fetion, but don’t need to pay Qianbao, are my customers. I believe that they will almost never shop online.”

“What I want to do is very simple, is to let people who do not shop online, and their payment method will be Fetion.”

“Maybe they won’t buy many things with a high unit price on the Internet, but small profits but quick turnover is also a way of doing business, right?” Wang Tao said finally, looking at Xiao Ma with a smile.

“If our project leader had thoughts like you at the beginning, I believe our platform will not be closed.” Xiao Ma looked at Wang Tao and said quietly.

“At this moment, at that moment, the ball hasn’t been flying, isn’t it?” Wang Tao said with a smile.

“What can we get with the ball?” Xiao Ma asked directly.

“Priority of capital injection.” Wang Tao directly stated his conditions.

“Happy cooperation!”

“Happy cooperation!” The two held hands together and then smiled at each other.

“How far is the project progressing now?” Xiao Ma asked.

“There is no problem with the software. The rest is the server architecture and product ordering. Just like Mr. Ma said, I am going to make a big news.” Wang Tao said with a smile.

“How big is the news?” Xiao Ma asked curiously when he heard Wang Tao say this.

“How about a ten yuan red envelope for a customer?” Wang Tao said lightly.

“Do you really want to do this?” Even if it was Brother Xiao Ma, he was taken aback when he heard this number.

He knew the number of Fetion’s customers. A customer with a ten-yuan red envelope would cost one billion yuan even if it attracted hundreds of millions of users.

“If you invite someone to register, you will get a red envelope of ten yuan and a voucher of five yuan to cultivate their awareness of spending money first.” Wang Tao said with a smile.

“I believe you can do this project now.” Xiao Ma said with emotion.

“Did you not believe it just now?” Wang Tao asked rhetorically.

“Just now, I just thought you had a good idea, but now it is very optimistic.” Brother Xiao Ma didn’t hide it, and said with a smile.

He was telling the truth. At the beginning, he thought Wang Tao’s project was good. At the very least, he found a new market in the seemingly saturated market.

But now that Wang Tao is preparing for such a large investment, I think Wang Tao might succeed.

“Too much, what do you mean by how cheap your one is?” Xiao Ma asked again.

“More cheap, not how cheap you buy, but how cheap people buy.” Wang Tao said with a smile.

Xiao Ma immediately understood the difference here. If you buy it more cheaply, it can greatly increase the number of active customers. Even if the platform loses money in the early stage, it will still be favored by investors.

In fact, Jingxi has been established for more than ten years, and it is still losing money, but its market value is still very high.

It took more than ten years for Qiuqiu to become profitable from its establishment. Now it’s crazy profitability.

As Wang Tao said, small profits can be sold more quickly, once this model develops. It will provide a platform for manufacturers to directly face consumers, and consumers will get cheaper.

Many small businesses will also have room for development, small businesses…, Xiao Ma suddenly remembered that recently the country has been talking about supporting the development of small businesses, how can small businesses develop?

Could it be that Wang Tao was also inspired by this? Think about the youth protection model Wang Tao said last time. The ball makes a lot of money. Does he really have no background? Brother Xiao Ma was a little suspicious.