Chapter 1397 Entering the Market with a Huge Amount of Money

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

Because Xiaoyao Mall was first established, Yu Shanshan was extra careful and asked the people in the public relations department and the finance department to pay more attention, so basically Qin Yibin's actions in Xiaoyao Mall were known to the senior 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 he knew what was going on here. If he was stupid and allowed himself to do everything from the beginning, then Fairy Company It can't reach this step either——When the little boss ordered the proprietress to be the chief financial officer, he had this consideration in mind! Development funds will be vigorously satisfied, but they must be used clearly.

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

Moreover, Fairy Company's largest income is not settled domestically, but through overseas sales. After the overseas settlement is clear, the profits and other funds are transferred to Fairy Company in Huaguo.

Two sets of income and expenditure systems, with a team of excellent foreign accountants as the main body, directly eliminate the possibility of Huaguo's financial manipulation here, and can save a lot of taxes - Citigroup, Merrill Lynch, Microsoft, Wal-Mart, etc. , have the habit of opening offshore companies in special financial zones, so this is nothing unusual abroad.

To sum up, although he monopolizes the management, Qin Yibin is absolutely in compliance with the rules in terms of finances, making a strict budget in advance, and then 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 certainly wasn't rushed. It should be Qin Yibin who started thinking about it during his investigation, and once he became the CEO of Xiaoyao Mall, he directly took it out.

Adhering to the prudence and meticulousness of the Japanese, Qin Yibin, who has worked in Japan for many years, writes in great detail, including the movement of any capital budget exceeding 1 million. He listed them all in different categories, and there are at least 300 items densely packed.

Generally speaking, Xiaoyao Mall spends money in two ways.

The first 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 it involves a large amount of various pictures and various product information, the server speed requirements for the website are higher than those of the text-based portal website.

Even at its peak, Tao Bao's monthly servers and bandwidth were directly comparable to China's No. 1 video site like Youku.

If you don't count the video department independently set up by the four major portals, this kind of server and bandwidth costs. 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 cautious about money.

In this case, Qin Yibin's requirements for bandwidth and servers are very high. He listed a lot of data as soon as he came up, and directly asked for a monthly fee of 120 million. It is more than the hundreds of millions of Weibo users now, second only to Xiaoniao.com's 200 million.

Of course. Bandwidth and servers have to wait, and now the first step is to make a website.

In this regard, engineers from Xiannv Lab of Fairy Company, Xiaoniao.com and Weibo can do the job, but they are not helping in vain, and they must be included in the performance of the two companies, so the budget requested by Qin Yibin is 50 million . In addition, the cost of poaching people on major websites, including the cost of technical personnel and operating personnel, is a total of about 200 million.

When several major portal websites were established, they only cost hundreds of thousands of dollars to make the website, and Qin Yibin's expenses can definitely be regarded as luxurious. But from a practical point of view, a website with a complete layout from the beginning, without the need for large-scale changes and upgrades from time to time, is worth the money.

But the next cost is not something ordinary people can afford.

As the business model of Xiaoyao Mall, it imitates Amazon and Japan Rakuten, it is a b2b2c model, but doing b2b from the beginning and letting many sales giants settle in Xiaoyao Mall is definitely not enough, because you are not popular, and you are not worthy of others Spend money to come to you to open an online store.

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 do terminal sales, the most important thing is to control the source of various goods. Gome and Suning usually directly buy out the sales rights of a brand, and then set the price by themselves; or simply entrust the manufacturer to follow Customize electronic products according to your own needs, and finally sell them.

The well-known Jingxi will do the same in the future.

That's why in that notorious online shopping battle, Boss Liu dared to brag, saying that his same product was always cheaper than Gome and Suning—don't you talk nonsense? The products are all bought out by your Jingxi family, or directly ordered by you. Of course, it is impossible to compare the price 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 bifurcated and do not intersect!

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

Because Fairy Company wants face.

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

Mobile phones, card cameras, mp3 music players, hair dryers, rice cookers, microwave ovens, etc. These things that people often use in their daily lives are not big-ticket electronic products. They are the easiest products to sell online. .

It stands to reason that this is correct, but Qin Yibin has a budget of 10 billion yuan for mobile phones alone, 5 billion yuan for cameras, and a total of 15 billion yuan for other electrical appliances... The total exceeds 30 billion yuan, so The large-scale procurement really made Yu Shanshan hesitate.

Reported to Xiao Qi's side, but after reading Qin Yibin's proposal, the young man agreed with a stroke of his pen.

Everyone is worried about whether these things can be sold, whether they will squeeze the inventory and rot 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..)