"Genius."
"This is simply the model of a genius."
When he discovered this, Bezos jumped up excitedly.
This was undoubtedly a new e-commerce model.
Moreover, this model was more advantageous than the simple C2C or B2C model in some aspects.
Through social media, Pinduoduo didn't even need to recommend itself. Through social interaction between consumers, Pinduoduo could accumulate a large number of orders.
And through social media, Pinduoduo's ability to attract customers was also significantly enhanced.
It turned out that if the e-commerce platform wanted a user who never shopped online to join the online shopping, they would have to spend at least 10 USD.
This was also the cost of attracting customers.
But Pinduoduo's cost of attracting customers was infinitely close to zero.
Of course, it was impossible to get close to zero, but it was much lower than traditional e-commerce platforms.
Secondly.
Because it was social, they were recommendations between acquaintances. Therefore, it could promote the transaction of goods.
For example, I placed an order on Pinduoduo. I felt that this product was good, so I recommended it to my friend.
My friend also placed an order because I felt that it was good to use.
Compared to purely relying on the comments on the virtual network, the reputation of the game was much better.
Is it easier to trust strangers, or is it easier to trust acquaintances?
Of course, acquaintances.
As for the comments of a lot of strangers on the Internet, it could be completely refreshed.
In addition.
This seemed to be more beneficial to the business.
With the development of the global economy today, it could be said that there was a considerable surplus of products.
Many times, many products didn't know how to be recommended to consumers and couldn't even be sold.
Although the e-commerce platform seemed to solve part of the problem, it was only treating the symptoms and not the root cause.
As the number of products increased, the e-commerce platform could only recommend some relative products. Moreover, such recommendations also needed to pay the e-commerce platform an advertising fee.
This was just like how we usually browsed the e-commerce platform. We searched for certain products and then placed an order.
For example, if I wanted to buy a cell phone, I searched for a cell phone, and the interface recommended a series of cell phones.
This was people looking for goods.
But Pinduoduo was the opposite.
They used the method of finding goods.
After you placed an order on Pinduoduo, you shared it with your friends.
Under normal circumstances, the things you wanted to buy were likely to be what your friends wanted to buy.
Not only did the merchant find you, but he also found other consumers with the same needs through you.
This was more effective than keyword advertising, precise recommendations … and so on.
Therefore, this model was no longer the traditional B2C model, but C2B, driven by consumers and allowing merchants to personalize their sales.
If this went on, it would be even more terrifying.
Not only did he change the traditional e-commerce model, he even changed the entire consumption model.
Shaking his head, Bezos didn't intend to continue thinking about it.
He was afraid that if he continued to think about it, he would have to overturn Amazon's sales logic.
What he needed to think about now was how to stop Pinto Todos' growth.
Because.
Based on the current situation, although Pinduoduo was selling some ordinary goods, and the quality was not very good.
But this was only their first step.
When Pinduoduo develops steadily, they will definitely steal Amazon's market share.
He pondered for a moment.
Bezos sighed.
Before Huanyu Technologies created Pinduoduo, they had already created a perfect social platform.
This was not just WeChat.
Other than WeChat, there was also Weibo, WeChat … In his system, if you wanted to defeat Pinto Duoduo, you would have to defeat Huanyu Technologies' social system.
This …
Was that even possible?
…
"Boss Chen, this is the business situation of the major subsidiaries in recent months."
Bamboo sent a document to Chen Yu's office.
Although Chen Yu was not in charge of the specific business of the subsidiaries, as the company's biggest boss, he still had to have a rough grasp of all the businesses.
At the same time, Chen Yu could also push in some areas.
Of course, if the subsidiaries encountered some trouble, Chen Yu would also come forward to clear the obstacles for them.
Otherwise, would he really be a big boss who didn't do anything?
Especially now, although Huanyu Technologies seemed to be developing very well, there were many areas where Huanyu Technologies might not have a complete advantage.
For example, in the chip semiconductor industry.
However.
Chen Yu had to stabilize the foundation first, then he could focus on the semiconductor industry.
"WeChat is developing very well."
"Xie Zhang's exploration is also very good."
"Huang Zheng's Pinto Duoduo is gradually getting better."
"Eh, Xuelin's side …"
After all, it was an overseas business.
The heads of Huanyu Technology's subsidiary companies went out to sea, but not all of them had a smooth sailing.
At this time, Chen Yu found a problem with Huanyu Video, which Li Xuelin was in charge of.
The problem was not that there was a problem with Huanyu Technologies.
With the help of Huanyu Video, Li Xuelin went one step further and launched the short video app TikTok.
TikTok focused on short video shooting. Once it was launched, its popularity was comparable to Huanyu Video.
However, while TikTok was popular, Li Xuelin's steps were a little bigger.
On this basis, they launched instant messaging and search engine businesses.
Unfortunately, the development of these two businesses was not very good.
"Bamboo, is Li Xuelin in the United States?"
"He just returned to China. I think I saw him at Boss Zhang's place."
"Alright, tell him to come to me."
"Yes."
…
"Xuelin, why did you suddenly return to China?"
In Zhang Jianming's office, Li Xuelin sat on the side a little gloomily.
"A few days ago, I called Little Chuan and prepared to cooperate with him in the search engine area, but he rejected me."
"Haha … It's normal for him to reject you. Little Chuan's search business has been doing very well recently. There's no need for him to cooperate with you."
"I'm helping him. Look, Huanyu Video is so big. If we add our Huanyu Search to Huanyu Video, the market share will increase by dozens of points in an instant."
"That's what you say, but Xuelin, why are you taking such big steps? If Boss Chen finds out, he'll scold you."
"How can that be? Boss Chen has always liked horse racing. Haven't we been competing with each other to create better products?"
"You're wrong. Although Boss Chen likes horse racing, there are conditions. Besides, Boss Chen has been complaining about your TikTok for the past few days. "
"Ah, that can't be."
When Zhang Jianming said this, Li Xuelin panicked a little. "Boss Zhang, what did Boss Chen say?"
"He said that you're not doing your job properly. You're not even doing your own business well, yet you're thinking about doing something else."
"This …"
Li Xuelin panicked even more.
Suddenly, Bamboo knocked on the door and came in. "Boss Zhang, Boss Lee. Boss Chen wants to ask Boss Lee to come to the office. "
"I'll tell you."
Zhang Jianming patted Li Xuelin's shoulder and said, "Okay, I won't talk to you anymore. Hurry up and go to Boss Chen's office."
(End of chapter)
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