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Text Chapter 1397 Entering the market with huge amounts of funds

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    Information from various departments of Fairy Company may not always appear on Xiao Qi's desk, but some important matters are still brought to Xiao Qi through Yu Shanshan, Zhou Bo, Xu Weihong and Sun Manxue.

    Since Xiaoyao Mall was founded, Yu Shanshan was more thoughtful and asked the people in the public relations and finance departments to pay more attention. Therefore, basically Qin Yibin¡¯s actions in Xiaoyao Mall were known to the top management of Fairy Company.

    Of course Qin Yibin was aware of this at the headquarters, but he was used to being suppressed in Japan and knew what was going on here. If he was stupid and allowed himself to do everything from the beginning, then Fairy Company would  It can't reach this point - when the small boss ordered the boss's wife to be the financial director, he must have considered this aspect!  Development funds will be greatly satisfied, but they must be used clearly.

    Recently, he also learned a little about the financial situation of Fairy Company. Even though Xu Weihong is an honest and loyal confidant, he still manages the financial department with the proprietress.

    ¡° Moreover, Fairy Company¡¯s largest income is not settled domestically, but through foreign sales. After clear settlement abroad, profits and other funds are transferred to Fairy Company in China.

    The two sets of income and expenditure systems, with a team of outstanding foreign accountants as the main body, directly eliminate the possibility of financial manipulation here in China, and can also save a lot of taxes - Citigroup, Merrill Lynch, Microsoft, Wal-Mart, etc.  , all have the habit of setting up offshore companies in special financial zones, so this is nothing unusual abroad.

    To sum up, although Qin Yibin has monopoly on management, when it comes to finance, Qin Yibin absolutely abides by the rules and strictly prepares the budget in advance before asking Yu Shanshan for approval.

    Even though Yu Shanshan had seen many big scenes, she was also surprised by Qin Yibin's generosity.

    This financial plan was definitely not made in a hurry. Qin Yibin probably started thinking about it during the inspection. Once he became the CEO of Xiaoyao Mall, he took it out directly.

    Adhering to the prudence and meticulousness of the Japanese, Qin Yibin, who has worked in Japan for many years, wrote in very detail. He listed all the budget trends that exceeded 1 million in categories, and there were at least 300 items in them.

    Generally speaking, Xiaoyao Mall spends money in two aspects.

    The first one is the construction of the website.

    The difficulty of building an online shopping mall website is even more difficult than that of a portal website.

    Because this involves a huge amount of pictures and various product information, the server speed requirements for the website are higher than those of text-based portal websites.

    Even at its peak, Tao Bao¡¯s monthly server and bandwidth were directly comparable to Youku, the number one video website in China.

    If you do not count the independent video departments of the four major portals, the cost of such servers and bandwidth is far more than ten times that of the four major portals.

    Xiao Qi told Qin Yibin that the most important thing now is to quickly become the number one in the market and directly defeat Amazon, so there is no need to be careful with money.

    In this case, Qin Yibin's requirements for bandwidth and servers are very high. He listed a lot of data at the beginning and directly asked for a monthly fee of 120 million, which is hundreds of millions more than the current Weibo.  There are even more users, second only to Xiaoniao.com¡¯s 200 million.

    Of course, bandwidth and servers will have to wait later. The first step now is to create a website.

    In this regard, Fairy Company's Fairy Lab and engineers from Xiaoniao.com and Weibo are competent. However, their help is not in vain. They must be included in the performance of the two companies, so the budget requested by Qin Yibin is 50 million.  , in addition to the cost of poaching people from major websites, including the cost of technical personnel and operating personnel, the total is around 200 million.

    When the major portals were first established, they only cost hundreds of thousands to make the website. Qin Yibin's cost was definitely luxurious, but from a practical point of view, the layout was complete from the beginning and there was no need to make large-scale changes from time to time.  And the upgraded website is well worth the money.

    But the next expense is not something that most people can afford.

    As the business model of Xiaoyao Mall, it is imitating Amazon and Japan's Rakuten, and it is a B2B2C model. However, it is definitely not possible to do B2B from the beginning and let many sales giants settle in Xiaoyao Mall, because you are not popular and are not worthy of others.  Spend money to open an online store with you.

    Then we can only do B2C first, which is Amazon¡¯s terminal sales model. In China, it is the online model of Gome and Suning.

    If you want to be a terminal salesperson, the most important thing is to control the sources of various goods. Gome and Suning usually directly buy out the sales rights of a brand, and then decide the price themselves; or? Simply entrust manufacturers to customize electronic products according to your own needs, and finally sell them.

    In the future, the famous Jingxi will also do the same.

    This is why during the infamous online shopping war, Boss Liu dared to brag so loudly that his same product would always be cheaper than Gome and Suning - Aren't you talking nonsense?  The products are all bought out by you, Jingxi, or directly ordered by you. Of course, it is impossible to compare prices with others for the same product, because they don¡¯t have what Jingxi has, and you don¡¯t have what they have. Your goods  They are all divergent and do not intersect!

    Xiao Qi naturally agreed with Qin Yibin to purchase goods like this, but there was no need to hold this embarrassing so-called extreme battle.

    Because Fairy Company wants face.

    Qin Yibin first purchased two types of products: mobile phone digital products and small household electrical appliances.

    Mobile phones, card cameras, MP3 music players, hair dryers, rice cookers, microwave ovens, etc. These are things that people often use in their lives. They are not large electronic products. They are the easiest products to sell online.  .

    Logically speaking, this is correct, but Qin Yibin has a budget of 10 billion yuan for mobile phones alone, a budget of 5 billion yuan for cameras, and a variety of other electrical appliances, and a budget of 15 billion yuan The total exceeds 30 billion yuan, so  The huge-scale purchase really made Yu Shanshan hesitate.

    After reporting to Xiao Qi, the young man agreed with a stroke of his pen after reading Qin Yibin's plan.

    Everyone is worried about whether these things can be sold and whether the inventory will be squeezed and left in their hands.

    But only teenagers know that these worries will never happen.

    The only thing Xiaoyao Mall has to worry about now is

    How long can this little product last?  (To be continued. Please search Piaotian Literature, the novels will be better and updated faster!)
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