Chapter 105 Happy Mall Launches (Seeking First Subscription)
Unlike Renren.com's predicament, Future Tech is bringing good news!
Lin Feng exclaimed excitedly, "Boss, all twenty interfaces have been successfully integrated, and WeChat Pay is now working!"

"So fast!" Wang Junshan was quite surprised: "It's only been three days, and it's already done?"

Lin Feng nodded: "If we were to connect to those twenty bank interface SDKs (bank quick access system), it would take a week."

"But these SDK systems were originally developed by Wei Xingyu and his four colleagues, so they are extremely familiar with them. With our assistance, integrating WeChat Pay will be twice as effective!"

"I see. Fortunately, we recruited five people."

What an unexpected surprise.

"Go and have a look."

We arrived at the payment department.

"Boss, it's done. We've tested it several times and there are no problems."

As Wei Xingyu spoke, he gave a demonstration on the spot.

Whether it's transferring money from a bank card to WeChat Wallet, making payments through WeChat Wallet, paying directly from a bank card, or transferring funds between a company or a private account, the process is seamless and incredibly efficient.

Wang Junshan nodded in satisfaction: "Very good, but don't rush to launch it. Let's test it for another week to make sure there are no problems before launching it."

The payment process is too complex to be taken lightly.

"No problem, I suggest starting a small-scale beta test and inviting some WeChat users to experience it."

"Okay," Wang Junshan agreed.

This is indeed the best way.

Even if there are bugs, they can be detected in time and losses can be stopped in time.

"You've done a great job, I'll celebrate with you tonight! Secretary Shen, book a hotel."

"thank you boss."

That evening, Wang Junshan hosted a dinner to celebrate the payment department's success and to welcome Wei Xingyu and his group.

Wang Junshan looked around at the five people, all of whom were between 25 and 30 years old, at a turning point in their lives.

So young, just five people, and they created a payment gateway with twenty interfaces. That's quite impressive.

They all had lofty ambitions back then, and even when Alibaba offered them a position, they probably wouldn't have given it a second thought.

But now, after failing in their entrepreneurial ventures, they've all lost their edge and sharpness, seeking only stability.

That's just how this era is. If you succeed in starting a business, everyone admires you, capital is optimistic about you, and venture capitalists pour money into you.

If a business fails, the consequences can be dire.

As they toasted and drank, the group became acquainted.

Wang Junshan laughed and said, "One failure is nothing, don't take it too seriously."

"Future Technology favors young people with ideas and drive."

“With me, you still have a bright future and great potential for development, no worse than starting your own business, and with lower risks.”

Wei Xingyu wholeheartedly agreed: "To be honest, the five of us are capable enough to work at Alibaba or Tencent. But if we got there, we'd just be low-level soldiers, only able to do menial tasks."

"WeChat Technology is different. Although it is a startup, it has great potential for development and a bright future."

"And there's WeChat Farm, which is even better. We play it every day!"

Unsurprisingly, these people had indeed come with high hopes for the future of technology.

The younger the person, the more they can experience the power of WeChat and WeChat Farm.

However, this also shows that Wei Xingyu and his group of five are still unwilling to be mediocre and have a lot of ideas.

In this way, these five people can be reused.

Wang Junshan originally thought that since they were all brought by Lin Feng, they should all be incorporated into Lin Feng's command.

Looking at it now, it can be adjusted.

Wang Junshan made a decision: "The WeChat Pay department is now divided into three parts. One part is the maintenance of WeChat Pay, which is managed by Manager Lin; another part is the application for new interfaces, which is managed by Manager Ning; and the third part is the WeChat Pay security team. Which of you guys are planning to go to?"

Upon hearing this, Lin Feng felt a sense of anticipation, hoping that all five of them would come to his side.

With five formidable generals, his authority as deputy director will surpass that of director Ning Shen!
They all came from Alibaba, and the struggle for power is ingrained in their bones.

Unexpectedly, Wei Xingyu said, "Boss, I'm good at security protection, I'll go to the security team."

"Sure," Wang Junshan agreed immediately. "What about the others?"

"I am good at developing new interfaces."

"I am also good at security."

Ultimately, the two went to the security department, while the remaining three went to the new interface team.

Lin Feng looked rather grim; no one had chosen him!

These people aren't stupid; they all know that their existing interface is just a transitional measure and will be discontinued in six months.

The new interface is the future, so naturally I won't go to a transitional team!
Wang Junshan saw everything but said nothing.

The payment department is very important; if it's a monolithic entity, Wang Junshan wouldn't feel at ease.

Now that there are three factions, all wanting to achieve something, it's actually better.

"Future Technology only values ​​ability and results. I wish Future Technology a prosperous future, and I wish you all a bright future, promotions and raises!"

Wang Junshan picked up his wine glass and said with a smile.

We don't play games; we only look at ability and results.

Currently, the payment department only has one head and one deputy head, but no director.

Whoever is most capable and has outstanding results will be the director!

Wei Xingyu and the others were in high spirits; they loved this kind of environment.

They don't go to Alibaba because they worry that there are too many talented people there, and the social hierarchy is fixed. They fear that if they go there, they will be ostracized and suppressed, and it will be difficult for them to get ahead.

But the situation is different in the WeChat Pay department. It's an emerging company with a bright future, but it's short-staffed and has many opportunities.

In reality, many large companies have blocked career advancement opportunities.

Even if a lucky individual manages to reach a high-level position in the group, they might be dismissed one day.

Just as Wang Junshan and the WeChat Pay department were enjoying drinks together, Kaixin001 made a big move.

All users saw a pop-up message:
[Starting tonight at 9 PM, Kaixin.com will undergo upgrades and maintenance. Tomorrow morning at 8 AM, we will launch version 2.0 and the Kaixin Mall will go live!]

[Focusing on mother and baby products, 3C products, and beauty products, both imported and domestic, we have it all.]

Brands including Sanniu, Yili, Coolpad, Lenovo, Hasee, Herborist, and Liushen have all launched online.

[Spend at Happy Mall, earn Happy Coins, enjoy shopping and games – welcome to experience it!]

This news caused a sensation on Kaixin.com.

By 9 o'clock, Kaixin.com had begun maintenance, and the page was frozen on a promotional poster for Kaixin Mall.

The large San Niu logo covers the entire page.

Wang Junshan couldn't help but laugh out loud at this scene:
"It's clear that Kaixin Mall and Sanniu are truly strategically aligned. Excellent, I suggest they stick together!"

Shen Huaijin pursed his lips: "I saw an email from Sanniu in our Vipshop inbox, wanting to go online on Vipshop."

Wang Junshan's face instantly darkened: "..."

"San Niu also said that he is willing to pay five times the sponsorship fee of Kaixin.com, a full 5 million yuan, to sponsor our Vipshop!" Shen Huaijin spoke again.

"!!!" Wang Junshan was completely stunned.

This is a piece of porcelain that's been chipped!

In 2008, the naming rights fee was not high.

The cost of Olympic naming rights varies from tens of millions to hundreds of millions of RMB, depending on the level of sponsorship.

The sponsorship fee for TV programs and variety shows ranges from 500 million to 8000 million.

For example, a top-tier variety show like Super Boy only costs 5000-8000 million yuan for exclusive title sponsorship for one season.

As for the sponsorship fee for e-commerce events, it is only between 50 and 200 million.

For example, if Sanniu could provide 100 million for the launch of Kaixin Mall, that would be a very high amount.

Now that Vipshop has launched an event, Sanniu has offered a sponsorship fee of five million yuan, which can be said to be excessive!

Wang Junshan might consider other brands. But with Sanniu, let alone five million, even fifty million wouldn't be enough!

There's no room for negotiation!
"Block Sanniu, we're not going to sell domestic baby and maternity products anymore!"

“Especially that San Niu guy, never cooperate with him!” Wang Junshan made a decisive decision.

He had a premonition that the truth would likely come out sooner than expected.

It's very likely to happen at the end of the month!
Especially as YouTuan.com grew bigger and bigger, Wang Junshan's influence also increased.

When he was unknown, no one took Wang Junshan's words seriously.

But as YouTuan.com grew to a size of 50 billion yuan, and the vice president of Tencent Group personally visited them, things changed!

What Wang Junshan says carries more weight and will be taken seriously!
It's only natural that it broke out earlier than expected.

Judging by the timeline, it will most likely be in the next week or so!
At this point, Kaixin Mall had already entered its countdown to bankruptcy after accepting the exclusive title sponsorship from Sanniu.

Even the entire Kaixin.com is on the verge of bankruptcy.

Wang Junshan wouldn't risk his life by following suit.

"Okay, boss, I'll refuse San Niu right away!"

“Reject them directly via email, be strong in your wording, and emphasize the words ‘never cooperate’!” Wang Junshan stressed.

"it is good."

Shen Huaijin didn't understand why Wang Junshan did this.

Isn't it always the case that you should leave yourself an out when doing things?

However, following Wang Junshan's instructions, they firmly rejected all of Sanniu Company's cooperation applications!
San Niu Headquarters

Chairman Diao Zhijie was furious: "What? Vipshop rejected us again?"

"Useless! Didn't you tell them that we're willing to pay five times the sponsorship fee to Kaixin Mall, a full 500 million?"

The subordinate trembled: "We told them, but they still refused. They said it wasn't about the money; even if it cost 5000 million for sponsorship, Vipshop wouldn't agree. They said the entire YouTuan Technology, and even Future Technology, would never cooperate with us."

"???" Diao Zhijie was completely dumbfounded, then flew into a rage, picked up the cup on the table, and smashed it hard on the ground.

The goji berries in the thermos were scattered all over the floor.

"What a brilliant YouTuan Technology! What a brilliant Wang Junshan!"

“Previously, YouTuan International, you were an importer, so it was fine if you didn’t sell our products.”

"Now that we're going to build Vipshop and focus on domestic brands, we've introduced so many domestic brands, but we're not bringing in Sanniu."

"I took the initiative to approach you, offering 500 million yuan for naming rights, practically offering you money, and you still refused!"

"You're the first person to dare disrespect me like this!"

"very good!"

"Since you're so ignorant, don't blame me for being ruthless."

Diao Zhijie was trembling with anger and immediately dialed the number of Chen Ruihao, the president of Kaixin.com:

"Mr. Chen, are you asleep?"

"Of course I didn't sleep! The Happy Mall is launching tomorrow, and I'm so excited I can't sleep!"

"Haha, me too. Happy Mall is sure to be a great success."

"Lend your auspicious words."

"However, Mr. Chen, I feel it's not enough. How about we raise the bar a bit!"

"Oh? What do you say?"

"Let's both put in some effort and have a big launch promotion: buy one get one free on San Niu products to celebrate the launch of Kaixin Mall. We'll each cover half the cost of the free product, so we'll both make a little less profit. What do you think?"

Chen Ruihao was overjoyed: "No problem, absolutely no problem. Right now, YouTuan International is the best-selling brand in the maternal and infant category. If we offer a buy-one-get-one-free deal, we'll definitely win back a lot of users and severely impact YouTuan International, making Wang Junshan look bad. I think it's a good idea."

"Then let's do it this way."

"Okay, I'll have someone change the promotional offers right away. We have to make U-Tuan International pay."

“That’s the plan!” Diao Zhijie grinned. “Tomorrow, YouTuan International’s sales of mother and baby products will all collapse, hahaha!”

"Then the two of us should definitely celebrate!"

"We must celebrate."

Diao Zhijie lit a cigarette and leisurely exhaled two smoke rings:
"Wang Junshan, Wang Junshan, if you don't want my five million sponsorship fee, then that five million will become fifty million bullets, shot at YouTuan International, and make you pay a price of five hundred million!"

"Hehehe."

The next morning at 8:00 AM, Kaixin.com 2.0 was officially launched.

The Happy Mall pop-up ad is now available, exclusively sponsored by San Niu.

The entire Kaixin Mall page was covered with San Niu's advertisements.

[Kaixin Mall collaborates with Sanniu to launch its first sales promotion: Buy one Sanniu product, get one free!]

Clicking on the billboard will redirect you directly to the San Niu sales page!
Seeing this, many Kaixin.com users were tempted.

These days, "buy one get one free" isn't a fake promotion where prices are raised years later and then 50% off; it's a genuine buy one get one free offer!

Just cut it in half.

With an average price of 90 yuan per can, it is already more than half the price of Wyeth, Mead Johnson, and Abbott.

Now, with a buy-one-get-one-free offer, it's equivalent to 45 yuan per can, which is an absolute steal!
For a time, many people were tempted.

Many people placed orders, with some even buying a box of six cans or two boxes of twelve cans at once.

San Niu's sales have been steadily increasing.

As a result, other products in the Happy Mall also quickly became bestsellers, and the number of orders in the Happy Mall also skyrocketed.

Seeing this scene, San Niu Chairman Diao Zhijie was in high spirits:

"In just two hours, Sanniu has sold 1 orders, generating over 300 million in revenue! That's fantastic! At this rate, we're going to make a killing today!"

Although it's sold cheaply, at half price, the problem is that the cost is even lower.

At most, the profit per unit will be lower; there won't be a real loss.

But as long as the volume increases, even with small profits but quick turnover, you can still make a considerable amount of money!

Kaixin.com CEO Chen Ruihao was overjoyed:
"It's done! At this rate, there's absolutely no problem with Happy Mall's sales exceeding 1000 million today!"

"What YouTuan International took several days to achieve, Kaixin Mall accomplished on the very first day. That's real strength!"

Diao Zhijie gave a thumbs up: "That's right. Given time, Kaixin Mall will surpass YouTuan International in no time. Right now, YouTuan International's transaction volume for grey market iPhones is only 1500 million."

"Haha, there's a real chance we can catch up. But grey market iPhones are a lucrative business, they're incredibly profitable. Now that we have the money, we'll get a batch and sell them too, and we'll give Chairman Diao two of them."

Diao Zhijie glanced at his Nokia: "The iPhone... is it that popular?"

"Of course, you may not have noticed, but 80% of U-Tuan International's revenue used to come from iPhones. Now, the older generation still uses Nokia phones, but young people all use iPhones! It's an inevitable trend."

"So that's how it is. I've fallen behind the times." A plan formed in Diao Zhijie's mind.

"In this way, the buy-one-get-one-free promotion can't last too long, just two days, otherwise our San Niu product pricing system will collapse, and other platforms will have objections."

"We'll cancel the buy-one-get-one-free offer the day after tomorrow, and sales will definitely drop. So we'll launch a new promotion: buy San Niu, get a big prize, and enter to win an iPhone!"

"That's a good idea!"

Chen Ruihao praised it highly: "Just because of the iPhone, many people will choose to continue buying. With this, YouTuan International's maternal and infant products will suffer heavy losses."

He knows that currently, families with limited incomes who rely solely on imported maternal and infant products account for a very small percentage.

On the contrary, most families use a mix of imported and domestic products.

Now that San Niu is offering a buy-one-get-one-free deal, which is so cheap, many YouTuan International users will flock to Kaixin Mall to buy San Niu!

"That's perfect, let Wang Junshan be arrogant. Hahaha." Diao Zhijie laughed loudly.

"I'll deliver the final blow!"

Chen Ruihao then walked to the side and dialed a subordinate's number:
"Immediately begin reverse engineering of WeChat Farm, directly create a clone, reskin it, and launch it as soon as possible!"

"As long as Happy Farm is launched, the number of users on Kaixin.com will continue to increase, and the revenue and profits of Kaixin Mall will continue to skyrocket!"

(End of this chapter)

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