Reborn Entrepreneurial Giant.

Chapter 563

Huang Zheng has not yet opened up the information connection between Time WeChat and Instagram, so the number of global Instagram users has not yet exceeded [-] million, but it will soon.I believe that with the blessing of Time WeChat, it should not be much inferior to the original version.

The development of time has exceeded the predictions of Lu Qi and others. Such a company with unlimited potential is now riding a tiger because of a mistake in its original decision.

When Shiguang first raised funds, it was nothing, and it still raised money at a valuation of US$8 million. Now it is impossible for the company to kick others out after it has improved, right?

Besides, Huang Zheng and others don't want to have a problem on their heads. How will they balance the interests of Time and Jumei? Will Time serve Jumei, or will their own interests be the main priority?

At this time, the interests of Jumei, Venture Capital, Qu Li and the management were mixed together, and it was like a mess.There have been several meetings, but unfortunately everyone has some big differences.

But Qu Li is firmly on the Diaoyutai, no matter what the final result is, he will be the winner.So Qu Li did not focus on these things and started preparing for his New Year's Eve speech.

"Can you attend my New Year's Eve speech?" Qu Li asked Huang Zheng

"Am I not suitable?" Huang Zheng has always been relatively low-key, so he used psychological warfare during the critical period of competition with Tencent, which was a little high-profile.

"Don't you think it's something to be proud of defeating Goose Factory in the field of instant messaging?" Qu Li

"Maybe, but I don't think I'm good enough." Huang Zheng knew that many functions of Shijiazhuang WeChat were implemented according to Qu Li's vision.

"Don't worry about it. Prepare to go up and brag." Qu Li was too lazy to talk nonsense.

"boast?"

"It's not important." After Qu Li invited Huang Zheng, he went to invite Dadongzi. The influence of the e-commerce war in September continues to this day, allowing people to see the combat effectiveness of Jumei.Although he had to hand over to Xu Lei and have to rotate jobs next year, Dadongzi readily agreed to Qu Li's invitation.

Qu Li continued to invite Su Zifeng from the Honor chip department and Zhang Qinan, who has a promising future.

Before inviting people outside the system, news came from the central government that this year's annual financial figures selection was advanced to December 12, and he was selected again.

"Why don't you give the opportunity to others?" Qu Li didn't have much interest in this.

"This year we deliberately moved it up to the 12th so as not to affect your New Year's Eve speech, and there is also Alibaba's Ma Yun who wants you and him..."

Although I knew they didn't change the date for me, these words felt comfortable.Qu Li had a close relationship with CCTV. He rejected the offer several times without success, so he accepted.

Bragging and advertising are important, but work still needs to be done. This year is Jumei’s first large-scale job rotation. Dadongzi and Xu Lei have swapped positions, while Shopee head Shen Haoyu’s position remains unchanged.The head of Jumei’s logistics and supply chain department will not make any adjustments for the time being.

There are also Google Search and Jumei Cloud Computing. Although Lin Bing's position will not change, the personnel changes in these two subsidiaries are still quite large.Those with higher levels may be assigned to work in Yangcheng, while those with lower levels generally will not change cities.

The "boss" changes positions, and some people who are close to the boss will leave together.

All in all, there are huge changes within Jumei. Whether this change is good or bad, neither Qu Li nor Lu Qi knows.

"So we still have to insist, no matter what changes happen, we must insist on making good products, lowering prices, and providing quality services." Qu Li repeatedly emphasized product prices and services at Jumei's internal meeting.

This also means that Jumei places the supply chain (self-owned brand) and Jumei logistics at a more important strategic level. Jumei Juhuasuan Shopee can continue to trial and error, but a simple platform will not work. The rise of Pinxixi and In order to increase the unit price per customer, Taobao artificially adjusts the price ranking of products and suppresses white-label products. This has a lot to do with it.

“After several years of development, we should have noticed that price is the core competitiveness of e-commerce retail. Products and services will have to wait until consumption upgrades, so in the next few years, our three platforms will all have price as the core. , You can even make money without retail services." Qu Liyu said: "This requires us to increase the sources of profit, search and cloud computing, Jumei logistics, membership system is very important, the other is financial services, only these businesses make money Only then will we have the strength to fight a price war..."

The reason why Goudong was unable to start a price war later was related to their single profit model. Goudong Financial developed a little late and had limited revenue. Ant Financial’s revenue exceeded 2000 billion, while Goudong Financial only had more than 300 billion. .Not to mention cloud computing, Goudong’s business is almost negligible. Only Goudong Logistics can make money, but unfortunately it is still not as good as Cainiao Network.

Jumei has almost made up for all the shortcomings of Goudong. It opened Jumei Logistics to the outside world very early. Although it has a certain impact on Jumei's self-operated business, a logistics company that can achieve breakeven is better than a logistics company that continues to lose money. Businesses are more valuable, right?In addition, the profits from Guge Search are invested in Jumei Cloud.

This means that Jumei's retail business does not make a penny, and there will be enough profits in the future. In fact, Juhuasuan's commissions, Shopee in overseas mature markets, and its own brands can all make money.

"Price is the most important thing. It does not mean that we can sell fake goods. The authenticity of genuine products must not be lost. Otherwise, what is the difference between us and Taobao Tianmao?" Qu Li continued

"The other thing is branding. To create more third-party e-commerce brands, we must also focus on creating popular products. Whether it is self-operated or third-party, as long as the product is good enough and sells well, then give them more traffic. Support. Enough popular products can attract enough sellers to join the Jumei platform. The key to this is the intelligent recommendation algorithm..."

After talking about the company as a whole, he then put forward the requirements for each department. Jumei and Juhuasuan are definitely different. Does Shopee need to be adjusted? What else should be paid attention to in job rotation and job reassignment?It was Lu Qi's turn to take charge of this.

After the meeting, continue to promote personnel adjustments, and improve the matching internal "fault tolerance" mechanism. If employees are not allowed to make mistakes, or if they make mistakes, they must be dealt with strictly and let them take full responsibility, then who is willing to rotate?Of course, you still have to take responsibility for making mistakes. This can help employees grow, and it also helps the company grow.

Lu Qi also talked to Qu Li about Twitter. The company was finally preparing to go public. A foreign executive from Jumei joined the Twitter board of directors on their behalf, but was squeezed out: "Should we retain our shares in Twitter? Do you want to maintain your influence on Twitter?”

Qu Li was very unhappy with Twitter. He knew that the management of this company has limited capabilities and great social influence, but its "money path" is limited: "I don't have any objections, anything is fine." Anyway, with Instagram and WeChat, what else do you need to promote? special?

I had a bad cold and fever yesterday, and it’s still not gone today, so there may not be a Chapter 2.