Reborn in 08, a heretical cultivator starting a business

Chapter 77 Industry Hierarchy of Contempt, Triggered Ahead of Schedule? (Seeking Monthly Tickets)
The number of WeChat users, which has been stuck in a bottleneck, will increase several times over!
As for how far it will grow?
Half a million?
Eight hundred thousand?
Wang Junshan couldn't say for sure either.

He only remembered that there were less than 3 million internet users in China at the time, and more than 2000 million in his province.

Although mobile internet hadn't taken off in 2008 and there weren't many smartphones, there were plenty of computers.

Ten years later, everyone is lying in bed playing on their phones.

Right now, everyone's sitting in front of their computers playing games, browsing Tianya forums, shopping on Taobao and JD.com, chatting on QQ...

Before smartphones became widespread, the internet was already quite developed, but it was all accessed through computers.

Many people sit in front of their computers for hours at a time.

Going online after dinner, especially to internet cafes, is a regular occurrence for me.

These days, there aren't many smartphones, and the screens are small and difficult to use; WiFi is often blocked!
If you have a computer, not many people will be using their phones!
NetEase, Sina, Sohu, BAT (Baidu, Alibaba, Tencent), and others all rose to prominence and developed through the PC internet.

It's hard to say how many users this wave of exposure will bring.

But Wang Junshan was really looking forward to it.

They even prepared lines specifically for it.

Unfortunately, when the media arrived, Wang Junshan realized it was all unnecessary.

The content and topics of these interviews and reports are all strictly regulated!
They don't give you much room to maneuver.

Even if you want to add something, it needs to be reviewed by multiple parties to ensure there are no problems before you can include it in the report...

The interview went smoothly. Wang Junshan, along with Mayor Han and his entourage, visited YouTuan Technology, toured the WeChat department and the YouTuan e-commerce department, and then went to Binzhou University YouTuan Group Buying Supermarket.

The reporter asked several questions:

"Mr. Wang, the potential and future of open social platforms are much greater than those of social platforms based on acquaintances. Why is WeChat unusually focusing on social platforms based on acquaintances? Won't this seriously restrict WeChat's development and future?"

Wang Junshan nodded: "The upper limit on the number of social users is indeed dozens of times that of social networks among acquaintances."

"Take QQ, for example. It's an open social platform with 8 million registered users and 5000 million concurrent online users."

"While Renren, the top-tier social networking site among acquaintances in China, only has 2000 million registered users, which is one-fortieth of QQ's!"

"There's no way around it; social networking among acquaintances is limited to personal relationships. The user base is small, the scale is limited, and monetization is difficult. That's why Wang Xing, the founder of Xiaonei.com, sold the company!"

"But open social networks are also full of fake information, and netizens have a hard time distinguishing them accurately, making them easy to be deceived."

"Therefore, we launched WeChat, a social networking platform for acquaintances."

"I don't care about the size of the user base or the future prospects; I only wish for more care and less harm!"

In his speech, Wang Junshan touted open social networking while vehemently criticizing social networking among acquaintances, claiming a forty-fold difference.

He stated frankly that WeChat does not seek to grow big, but only to show care and minimize Tencent's vigilance.

At present, QQ, with 800 million users, really doesn't care about WeChat, which has a maximum of 20 million users at most!
After all, even the most popular social networking site in China only has 2000 million users. WeChat is still in its early stages and is not worth mentioning; it might even disappear in a couple of years.

Why would Tencent care?
Before the mobile internet boom and the widespread adoption of smartphones, social networking among acquaintances had no future.

This is the consensus of everyone!
But by the time Tencent started to pay attention to WeChat, WeChat had already grown strong and developed significantly!
This is Wang Junshan's true purpose!
"Mr. Wang, YouTuan International is a vertical e-commerce platform that mainly sells imported cosmetics, imported 3C electronic products, and imported infant formula. Where do you source your products from, and how do you ensure that all products are genuine?"

Wang Junshan replied, "Our YouTuan Technology has established a branch in Hong Kong Island, and we have bonded warehouses in both Hong Kong Island and Shenzhen. In the future, we will also establish more bonded warehouses in Binhai City, Tianjin and other places, and all shipments will be delivered by SF Express, with delivery to the nearest location."

"To ensure that all products are genuine, we sign distributor agreements with brand owners whenever possible, ensuring direct supply from the manufacturer and guaranteeing quality and authenticity."

"For example, with milk powder, our YouTuan Hong Kong branch has partnered with many top international brands such as Wyeth, Mead Johnson, Abbott, Dumex, and Nestle, becoming a first-tier distributor for these brands. We supply directly from the manufacturers to ensure the highest quality and make sure everyone can buy safe and healthy milk powder!"

"Even if we can't sign up distributors for some beauty products and electronic products, we still source them from other distributors. They all have distributor authorization certificates, and their quality and authenticity are guaranteed."

"YouTuan International E-commerce Platform may earn less money, but it will not sell counterfeit goods."

"Tenfold compensation for counterfeit goods" is not just our reputation, but our bottom line!

"Mr. Wang, I noticed that YouTuan International's product prices are lower than other platforms, and they also have a unique three-person group buying feature with additional group buying discounts. This model is very interesting. But with such low prices, how do you guarantee profitability?"

Wang Junshan waved his hand: "As a college student entrepreneurship project, YouTuan.com's primary goal is not to make a profit, but to better serve users and make it more convenient, efficient, and affordable for everyone to buy reliable imported brand products."

"The group-buying model allows more people to get to know YouTuan.com and WeChat, and experience the fun of group buying. This is a win-win situation for both the platform and consumers!"

"Mr. Wang, will YouTuan.com eventually become a comprehensive e-commerce platform?"

Wang Junshan laughed: "Our YouTuan.com focuses on vertical e-commerce, with only these few categories. We're a million miles away from being a comprehensive e-commerce platform..."

Still hiding his true abilities!
There is a hierarchy of contempt within the industry!

These days, open social networks look down on social networks based on personal connections!

General e-commerce platforms look down on vertical e-commerce platforms!
If YouTuan.com were to become a comprehensive e-commerce platform, Alibaba might take notice.

If you only focus on vertical e-commerce platforms, the entry threshold will be too low, and Alibaba will simply ignore you.

After all, there are more than a dozen comprehensive e-commerce platforms these days, each with a powerful background and significant influence, some even being giants like Tencent.

Alibaba is already extremely busy and overwhelmed with dealing with various issues, so how could it have time to pay attention to small vertical e-commerce platforms?

But once WeChat achieves its goal and scales up, even if YouTuan.com truly transforms into a comprehensive e-commerce platform, it will be too late for Jack Ma to pay attention!
After the interview, Wang Junshan led the leaders to the YouTuan Center warehouse.

"Nine schools didn't have a holiday before, and the warehouse was full of goods purchased through YouTuan Group."

"Now only two schools are still open for holidays, and the warehouse is much emptier, so it has become a transit warehouse for YouTuan International."

Wang Junshan said with a smile, "These products are all directly supplied by the manufacturers or distributors, and they all have authorization certificates and customs clearance procedures. They are guaranteed to be authentic."

Mayor Han nodded: "Very good, only by ensuring authenticity can we grow big."

(End of this chapter)