Reborn Entrepreneurial Giant

As the founder and chairman of Jumei and Glory, Qu Li does not need to accept media interviews, but as the CEO of Qiancheng Motors, he has to deal with media reporters. The A-share market is generally negative about the future of Qiancheng Motors, and the stock price hovers around 3 yuan.

"I have confidence in Qiancheng Automobile. Clothes may only need dozens of parts, smartphone parts need hundreds or even thousands, fuel vehicles need about 30,000 parts, and pure electric cars need subtraction. The parts count is reduced to less than 20,000..."

"The reduction in the number of components means that manufacturing difficulty is reduced, stability is increased, and the process of automotive electronics is accelerated..."

"What Qiancheng Motors needs to do now is to identify the market positioning and increase sales. Cheetah Motors' technology comes from Mitsubishi and will surpass Mitsubishi, so it will abandon the low-end product line and take the mid-to-high-end route..."

"Qiancheng Motors will cover high, medium and low levels. First, we will launch several affordable and inclusive models to meet the growing needs of the public. SUVs are the focus. It is impossible for us to give up the advantages we have accumulated before."

"Why did you change the name? It's very simple. Glory bought Changfeng Automobile. Sooner or later, the name will be changed. The sooner the better, the loss can be minimized..."

"Mitsubishi Motors is very good, but Qiancheng Motors is not bad. Our future is even brighter. Honor G2 has become the benchmark for global smartphones. Qiancheng Motors has a very good team and strives to enter the first array of independent brands within 5 years; One of the best car brands; within 15 years, it will compete with international first-tier brands on the same stage..."

"This is just a routine route. Once we make breakthroughs in the direction of pure electric vehicles, it will only be an instant to surpass the BBA..."

"Do you think I'm bragging? It doesn't matter. My responsibility is to fill the enterprise with greater imagination, and I am very patient. I don't plan to succeed in three to five years. You can first refer to the growth of Glory. If we beat Motorola and Nokia , then the possibility of Qiancheng Motors defeating the BBA will become great; and vice versa..."

Qu Li accepts interviews from the media from time to time, trying to let more people know about Qiancheng Motors. At this time, the butterfly logo of Qiancheng Motors and the leopard head logo of Cheetah have been designed. Only the font design of Qiancheng Motors has not been completed. Start the brand awareness plan and try to announce it next year.

As part of the brand identity plan, it is also necessary to have its own design style. Under the premise that the technical strength cannot be improved in the short term, the appearance and interior design are the top priorities. There is also the electronicization of automobiles. Unfortunately, Weizhi Automobile has no products yet, or it will add the domestic advanced driver assistance system ADAS to the entire series.

The future of Qiancheng Automobile is uncertain, and it is difficult to attract top foreign design masters for the time being, so let’s cultivate it by ourselves. Huxiang University’s industrial design major is quite good, and it may produce a few awesome designers like GAC Trumpchi Zhang Fan.

Qu Li, who stayed in Xingsha, not only has to deal with Qiancheng Automobile, Honor G3, Magic1, magicbook have been confirmed, mobile phones mainly rely on operator channels, laptops rely on Wal-Mart/Best Buy, third-party sales stores, and mobile phones. Unlike Honor G1 and G2, which were only sold on Shopee at the beginning because they were out of stock, this time it is basically confirmed that they will cooperate with Amazon...

This is bad news for Shopee. Shopee is no longer greedy for everything. Shopee offers limited products, but there are not many exclusive and attractive products. Coconut shoes and Honor G2 are one of them. Going to work with Amazon!

Shopee’s U.S. station has suffered a severe blow. Luckily, Lucci and Brady are developing a Dutch station, which not only covers the Benelux countries, but can also radiate to the entire EU continent, especially Germany and France.

Different from the British station, although it also sells to the EU region, it has not established a warehousing, logistics and distribution service center. After the opening of the Netherlands station, these have to be supplemented, and the return rate in the EU region is very high, especially for clothing e-commerce, because various countries There are differences in sizes. If the level of Zhongying’s foundry is not high enough and the management is not strict enough, it is likely that the clothing sold in Europe will be marked according to Zhongying’s size.

There are many solutions, the most simple and direct one is to increase the selling price. For example, Amazon’s gross profit rate is about 30%, which has already included the return rate. If calculated according to the cost, a gross profit of 200% to 300% is normal; the second is Refined operation, increasing the introduction of product details, and providing information accuracy will naturally reduce the return rate; there is also a C2M model, where the factory directly meets consumer needs and realizes flexible production...

Shopee's choice is of course to increase the price of the product, you can return it, anyway, I want to ensure enough gross profit to deal with the loss of the return. As for improving the operating level, that is a matter for the future.

In mid-July this year, FB had more than 250 million active users. Although not all active users can see Shopee ads, even if 100 million people see them, it is enough to increase the number of registered Shopee users.

Although no one knows the details of the contract between FB and Shopee, there are many speculations in the market. Wall Street investors seem to have just realized that Shopee is a wholly-owned subsidiary of Jumei. .

And Jumei has successfully issued corporate bonds of US$500 million, with a 5-year annualized interest rate of 5.5%. Jumei may issue bonds for financing every year in the future.

If you have money, you will naturally not be intimidated, so someone proposed that the Jumei headquarters be directly responsible for developing the Japanese market.

"Why?" Didn't it mean that the Dongying station will be established after the Dutch station is completed?

"Before, I was short of money, and the Dutch station had a high probability of success..." Lin Bing, who has been working as CTO in charge of the middle office, was unwilling to be lonely.

Qu Li really wanted to refuse. Dongying’s e-commerce market ranks among the top in the world, so of course he has to enter, but is Jumei really ready? Does it have enough talent reserves? But it was Lin Bing who made the request. He is the co-founder of Jumei. He has always been "honest and responsible" and has given Qu Li enough trust. Qu Li often poachs people from Lin Bing.

"If you want to do it, do it, use the name of Shopee or Jumei?" Qu Li

"Of course Shopee, Jumei and Facebook have no cooperation." Lin Bing

"But you would usurp Brady's rights, he did nothing wrong..."

"Dongying is closer to Zhongguo, and the time zone is basically the same, which is convenient for nearby management."

"I'm not saying that Jumei can't be directly responsible for Dongying Station, but I'm thinking about how to tell Brady so that he doesn't feel bad about it." Qu Li hesitated

"Let's just say it, let's discuss the matter..." Lin Bing disagreed, as if he felt that Wai Guoren didn't like fighting for power and profit

"You can communicate with Lu Qi first, they should be together now."

"Of course, this matter still needs Lu Qi's nod." Lin Bing felt that he had thought clearly.

Hearing this idea, Qu Li had a headache. Although he subconsciously felt that it was not suitable to enter the Japanese market at this time, it was difficult to refute him. He has supported himself so much, so it can't be chilling, right?