I was reborn and stayed in school to lie down. I really don’t want to roll anymore!

Chapter 489: Proposal for Cooperation in the Sharing Economy

At the dinner table, Professor Duan and Pang Yi were enjoying a deep relationship as master and disciple.

Especially after drinking, Pang Yi was particularly excited about his teacher's support for his idea in the afternoon.

Professor Zheng, Brother Lu and Brother Yang were listening to the conversation between President Wang and Hu Sen.

I don’t know what the two talked about in the afternoon, but the conversation felt extremely speculative.

However, Jiang Hao is quite interested in the content of the current communication, which is the sharing economy business that Brother Hu has already started.

“So when will the first batch of shared bikes be put into use?”

"The first batch of 1,000 vehicles will be deployed in the Higher Education Park in Chengnan District, Songjiang City in two days."

"The main targets are several major universities and several shopping malls in the southern part of the city."

Brother Hu’s entrepreneurial moves are much faster than Jiang Hao’s Haijing Technology.

Not only have the bikes been customized, but they are also about to be put on the market.

"Mr. Hu, your main competitor is OFO? How much deposit do you plan to collect?"

"The current reserve price is 199 yuan. The price of riding is cheaper in the early stage, with a reserve price of 0.5 yuan per hour."

Jiang Hao understood it as soon as he heard it. It was the same idea as ofo and other shared bicycles on the market.

The main purpose is to earn the deposit and then go to the financial market to get money. There is nothing new about it.

Maybe Hu is confident in his financial vision? Or does he have a better way to use the deposit?

"If the deposit is the same, Mr. Hu, it will be difficult for your project to open up the market."

“Even if it is opened, it will be limited to Songjiang City at most. I am afraid it will not be able to grab the market that OFO and other companies have already occupied.”

OFO was established last year and has expanded rapidly after receiving investment support.

Provincial capitals and universities across the country are OFO's main targets, and Songjiang City is no exception.

OFO has already been present in the area where Brother Hu plans to deploy its products.

At this point in time, the Aomori bicycles launched by Brother Hu are not very attractive.

"Boss Wang, do you have any suggestions?"

"Haha! I can't say I have any suggestions. I am actually considering that Meituan should also follow up on this business."

“You want to do bike-sharing, too?”

Hu Sen was a little surprised when he heard this. He didn't expect that after talking with Mr. Wang for so long about his own entrepreneurial path in the afternoon, he was already thinking about entering the market.

However, Hu Sen has no regrets, as this track has already entered a stage where many competitors are emerging.

It won't be long before a large number of new companies emerge in the market, and anyone can enter the market.

This is also a stage to further promote shared bicycles and make the pie bigger.

Moreover, Brother Hu is still confident in the local market in Songjiang City. As for the bigger market, there is indeed a gap at present.

“I probably wouldn’t consider doing it myself, but I’ve considered working with a few platforms.”

"Meituan currently hopes to open more businesses other than takeout and group buying, mainly some lifestyle businesses."

"Functions such as movie ticket purchase and travel booking are being rolled out, so we are considering cooperating with one or more bike-sharing platforms, but I have to go back to the company to discuss this with other founders."

Jiang Hao was not surprised by Mr. Wang's idea, as Meituan did enter this field in later generations.

And in the end, they won out among the few surviving companies in the shared bicycle sector.

Now that we have a better understanding of this point, it is normal to become interested.

I guess at the beginning they wanted to maintain cooperation with Hu's Aomori Cycling.

However, after listening carefully to Hu Sen's business model, he is not very optimistic about it and has started to make excuses to procrastinate.

For a moment, the topic that had already interested Professor Zheng, Lu Weiming, Yang Tianhao, and even Jiang Hao and Mr. Lei stopped here.

"Boss Wang, Brother Hu, I wonder if you would consider changing the model?"

Jiang Hao suddenly had a new idea in his mind.

“Maybe with the new model of cooperation, we can make this track more stable and last longer?”

In fact, he had planned to invest in the sharing economy a long time ago, but the path of the sharing economy on the market was the path that would eventually lead to bankruptcy.

This also caused his investment intention to be suspended.

Now that everyone has come together, Jiang Hao is preparing to start a new business.

I thought about the future business model in my mind, and also wanted to communicate with a few parties to give it a try.

At this moment, everyone's eyes began to turn towards him.

The same goes for Mr. Wang and Mr. Lei. They both admire Jiang Hao for being able to make the live streaming industry so successful.

But I have never had a specific experience of Jiang Hao's other business acumen and thinking. Today at the dinner, I can hear what Jiang Hao has to say.

“I think Brother Hu, the sharing economy needs to return to its essence of charging for rides!”

"Collecting deposits to engage in finance and then using it as the main business is ultimately too risky."

Speaking of this, Mr. Wang couldn't help but nodded in agreement. Although Meituan wanted to expand this business, it was more to make the Meituan software more convenient.

Improve user stickiness instead of engaging in finance in disguise and becoming a high-risk business.

"I think you might as well waive the deposit for most people with good credit, and really just charge the ride fee."

“I believe this way we can quickly attract a large number of users in the early stages.”

In this era of shared economy where deposits are the main factor, products without deposits are sure to attract a large number of users.

But at the same time, the main means of operation of this current business model has also been lost.

Most of the shared bicycle companies, including the capital behind them willing to invest, are willing to invest only after seeing the huge deposits that are quickly gathered in a short period of time.

If it really relies on bicycle riding fees, this business model is stable in making money, but it develops too slowly and makes money too slowly.

This is also why there are currently no companies on the market that offer deposit-free services. Even if there are, they are in the testing phase and only offer deposit-free services for a few months in order to attract users.

"In addition to shared bicycles, Hu can also continue to expand his business by developing shared power banks, shared electric vehicles, etc. to increase revenue."

A few simple ideas about the sharing economy of later generations instantly made Brother Hu's eyes light up.

These days, everyone's attention is still on shared bicycles, but other areas of the sharing economy have not yet been explored.

At this moment, not only Hu Sen, but also Mr. Lei and Mr. Wang's eyes lit up.

Mr. Lei, in particular, is very interested in the shared power bank business.

Seeing that everyone had caught up with his thoughts, Jiang Hao continued.

“The new model needs to introduce a concept of credit points.”

"The level of this credit score determines whether or not a deposit can be waived, and the rules for this score can be formulated by all of us."

“Of course, the prerequisite is that a payment company needs to be involved.”

"It just so happens that Mr. Lu, Mr. Yang and I own a third-party payment company called Jiangnan Quick Payment."

"If possible, several of our apps can make a unified evaluation of the user's information and then decide whether to charge a deposit."

That’s right! Jiang Hao’s thoughts went around in circles and finally came to this point.

Take this opportunity to bring in the future sharing economy model.

At the same time, we will bring in Jiangnan Quick Payment’s online payment business to lay out the future of Haijing Short Video!

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