Wandering the world of film and television begins with the golden years
Chapter 85 The Conflicted Investor
Lillian and Lin Ya-hui both successfully joined Haotuan.com.
But their little schemes all failed.
No one got to see Li Haoyu as they had hoped.
They're just two low-level employees; what makes them think they can easily meet the company's top leaders?
Li Haoyu is busy right now!
With the arrival of new recruits, GoodGroup is making frequent big moves.
"The most important thing that Haotuan does is to implement measures to protect consumer rights. If a user does not consume the ordered goods, they can get a refund."
"HaoTuan's programmers created a hotel management system, in which hotel owners can manage room inventory, orders, and discounts."
"HaoTuan has launched a 'No Closure During Spring Festival' slogan and has hired many full-time riders for food delivery."
"To ensure that Haotuan can secure a stable supply of goods and deliver them to merchants efficiently and at low prices, Haotuan has also launched a dedicated supply chain department for merchants' ingredients."
HaoTuan didn't hold any press conferences; it simply used the most practical functions to serve and empower merchants.
Once these policies were introduced, many competitors were forced to follow suit.
After all, the competition among group-buying apps is so fierce now that if you don't keep up, you'll fall behind.
However, many competitors burned through too much money in the early stages, and now their cash flow simply can't keep up.
If they rush into things, it could even lead to bankruptcy.
…………
Good Group's ground sales force is already renowned in the industry.
The goal is to install HaoTuan shared power bank cabinets in every store.
This involves more than just restaurants; it applies to everything from street corners and alleyways to hotels, shopping malls, and commercial buildings.
Any place with electricity is a target that a good team should conquer.
Many shops are unfamiliar with shared power banks and have reservations about them.
Therefore, Haotuan has prepared a large entry fee, and 50% to 80% of the shared power bank revenue is profit sharing.
All measures are being implemented in an orderly manner.
After multiple rounds of practical experience and rigorous training, HaoTuan's large ground promotion team has become even more effective.
However, ordinary consumers don't pay attention to things like on-the-ground promotions by merchants.
Everyone suddenly realized one thing: overnight, shops on every street corner were filled with HaoTuan's yellow shared power banks.
For ordinary people, everyone spends a lot of time on their mobile phones.
Current mobile phone battery life is quite limited, and fast charging technology is not yet widespread.
However, young people prefer to eat pre-cut fruit platters from the supermarket. Even if they have a power bank, most young people find it too cumbersome to carry around, so they are too lazy to take it with them when they go out.
Many people experience "battery anxiety symptoms" when their phone battery drops below 50%.
Not to mention that HaoTuan's shared power banks are free for the first hour, and only charge after an hour.
Where can you find such an idiot?
Soon, Haotuan's shared power banks became well-known.
More and more people are falling in love with this convenient and practical little yellow gadget.
In less than a month, the coverage of shared power banks has increased exponentially.
All the partner stores covered by HaoTuan have only one line – "List it, list it! Why is my store the only one without shared power banks?"
Many savvy businesses quickly realized the advantages of shared power banks.
After the patient and detailed explanation from the HaoTuan ground sales team, they had already anticipated the considerable profits that shared power banks could generate in the future.
Many merchants have not only started using it themselves, but have also become partners in the operation of Haotuan shared power banks.
Dozens, or even hundreds, of them were produced at once.
They all used their personal connections to promote Haotuan's shared power banks.
They did the math: the revenue sharing from shared power banks plus the promotional rewards from Haotuan.com.
The extra revenue generated by shared power banks alone is even higher than the profits they make from running their stores.
Behind this success lies another round of silent expansion for HaoTuan.
Is a shared charging station priced at 699 yuan from HaoTuan really that valuable?
It's not cheap, but you don't have to pay upfront, and the money will be deducted from your share later, which seems like a good deal.
Can a shared power bank that doesn't cost money for the first hour make money?
Take hotels and internet cafes as examples; they have a high demand for shared power banks, and this demand occurs frequently.
Users often rent shared power banks and use them for several hours or even overnight.
The most outrageous example is a hotel lobby with 24 or 48 shared charging station cabinets with screens, which can both meet the rental needs of users and promote store activities and the screens.
With such a large population in China, charging mobile phones is not a frequent occurrence.
But there were just too many people!
Given China's huge population, the profits from shared power banks remain quite considerable.
This even exceeded Li Haoyu's expectations, even though he had prepared the goods well in advance and left a considerable surplus.
Still out of stock!
Consumers have a higher level of acceptance of shared power banks than expected.
For a time, shared power banks became incredibly popular, experiencing a surge in demand.
HaoTuan.com had to urgently contact suppliers to get factories to produce at full capacity and supply goods, with machines running non-stop and workers working in three shifts.
Only by working overtime to meet the demand for shared power banks can the strong supply needs be satisfied.
Meanwhile, HaoTuan's competitors simply don't care about such "minor issues" as shared power banks.
After all, in their view, the so-called shared power banks are just a gimmick.
It's just a business where good tour operators lose money to gain reputation.
They are still struggling with whether to follow suit with the group-buying no-questions-asked refund policy.
This was the real fatal blow to them, who were already burning through cash like crazy.
All the employees of Haotuan deeply admired Li Haoyu's business acumen, and everyone was full of enthusiasm and ready to make a big splash.
…………
"HaoTuan's market share has increased significantly again."
"Yes, I already know."
"What an amazing young man!"
"He seems to have eyes that can see into the future."
In the office of Capital Today, Xu Xin put down the report in her hand and answered Xiong Xiaoge, the founder of IDG Capital.
"Old Xiong, now you don't need to doubt the founder's abilities anymore, right? You're a pioneer of VC in China; such hesitation isn't like you."
Xiong Xiaoge and Xu Xin have always had a good personal relationship.
The two even participated together as investment mentors on a venture capital program on Fujian TV.
The two of them started talking much more casually.
"The group-buying software industry is indeed a market worth hundreds of billions of yuan, but the fact that giants will personally enter the competition in the future is still a risk factor that must be considered."
Xiong Xiaoge looked troubled and very conflicted.
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