Chapter 340: The Struggle History of Little People [9/10]
May, Shangdu.
In the living room of Room 6c, Building B, Wenlan Garden.
Tyler, who has a Peppa Pig tattoo on his right arm, is sitting on the sofa operating a holographic display floating screen. Sitting opposite him are Jay and Charlie.
These three are young people from the United States, and they are the three co-founders of this company called paopao.
The paopao company should be a cross-border dealer. To put it bluntly, these three young foreigners are actually helping other foreigners do purchasing business in China.
Their business is mainly to help North American consumers provide purchasing services. Paopao was co-founded by them a year and a half ago, to be precise, it was established three months after the PHC launch.
That's right, Jay's main business is to help North American consumers purchase PHC. That's how they started, and there are many others like Paopao.
The birth of these companies has even formed a huge global distribution industry chain. The reason is precisely because the price difference between the national version of PHC and the overseas version is as high as 5,773 yuan. What's more, the market response to the product was huge as soon as it was released, and it sold immediately all over the world, but coastline
The expansion of its international business is slow, and it is even harder to buy in North America than in Europe.
Paopao Company has had its best days in the past seven or eight months, with profits exploding. Because Coastline Company’s overseas business has been banned globally, whether in North America, Europe, Australia and other regions, all Coastline’s official sales channels have been banned.
Regarding layoffs, according to Coastline, it has entered a "dormant period."
As a result, PHC electronic products quickly became popular in the black market in Europe and the United States. In Europe, a set was sold for 90,000 yuan. Before the "dormant period", Paopao's monthly income was only 600,000 to 700,000 yuan.
It was already quite impressive, and after the "dormant period" began, the revenue exploded to ten times. In the past 7 months, Paopao Company achieved a revenue of 50 million yuan.
Three ordinary North American young people all became millionaires (in U.S. dollars) within two years of starting their businesses. Taylor directly bought a villa worth $420,000 in his hometown of Wisconsin.
Speaking of which, if they had not come to China's commercial capital, Jay, Charlie, and Taylor might not have met each other at all, let alone become buddies and open a company together.
Among the three, Jay is the eldest and the one who has lived in Shangdu the longest. Such a young man has lived in Shangdu for 7 years, which is longer than any other city in the world.
Two years ago, Jay met Charlie at a party and quickly became friends.
However, in the first year, although Charlie did a lot of bits and pieces of jobs, none of them lasted long, and he was about to be unable to pay the rent. In addition, the visa issue continued to worry him, and he gradually became discouraged and planned to return to North America.
Maybe after I go back, I put on a yellow vest and mess around with other people on a certain street in North America.
Jay helped Charlie pay the rent, told him that there were more development opportunities in Shangdu, and persuaded him to stay.
Charlie also quickly found a job as an English teacher with a good salary. Teaching English in China these days is not as popular as it was in previous years. On the contrary, the Chinese language craze is spreading around the world, and teaching Chinese is becoming more and more popular, so
Charlie also cherishes this job.
Taylor came to China because a friend started a business. He was born in Texas, USA. After studying in the community college for the first semester, he felt that what was taught in the university was of little use.
So he decided to learn to be a chef by mistake. Yes, that's right, he wanted to be a chef instead of starting a business in a garage like "Qiao Bangzhu", but he had been teaching himself programming in his spare time.
However, not long after Taylor arrived in the commercial capital, his friend returned to China because his entrepreneurial project failed, and he had to face the decision of whether to stay or go.
He was also kicked out by the landlord because he could not pay the rent. He met Charlie for the first time in the elevator of the same apartment building. During this period, he complained fiercely about the housing prices in the commercial city and called the landlord a vampire.
When Charlie learned about his situation, he immediately felt sympathy for each other. If Jay hadn't helped pay the rent, he would have been kicked out by the evil landlord just like Taylor.
Charlie readily invited him to live in his house.
It was Jay who paid for it anyway.
All right.
After getting to know each other for the first time, Charlie also persuaded Taylor to stay in Shangdu and use his programming skills to develop better in Shangdu.
Later, Taylor received some web development jobs one after another, and he was able to make a living in Shangdu, so he stayed.
Jay helped Charlie, Charlie helped Taylor, and finally the three of them started this business together.
The idea of three people starting a business together stems from Charlie's "26-year-old crisis". He likes his students, loves teaching, and his salary is very good. But he is about to be 26 years old. Do he really want to be an English tutor for the rest of his life?
?
In 2021, phc was born and became popular all over the world. It became the most popular smart home appliance in the world. Although the price of phc is super unfriendly, there is no doubt that consumers all over the world are in front of it.
Offered his knees.
Charlie saw that the founder of Coastline Company was younger than him, but had become one of the most influential technology giants in the world. He couldn't help but feel filled with emotion and envy every time he thought about it.
Ye Hua's grace at the PHC press conference is still unforgettable in his mind. Many times he has been thinking about what it would be like if he were also on that stage and became the center of attention. Charlie doesn't know, but
Every time he thought about it, his blood boiled.
It was precisely based on this that he began to have an in-depth understanding of Coastline Company and found that Coastline's international sales channels were lacking. Another discovery that made him even more excited was that the overseas version of PHC was US$840 more expensive than the China National Bank version.
ah.
So, he immediately thought of an idea to make money and shared this idea with his two good buddies.
Everyone was very interested in his idea, so they decided to turn No. 2052, where Charlie and Taylor rented, into a Paopao office to provide PHC purchasing services.
The initial model is very simple. Generally, buyers send their requirements to them, and they then find different sellers on Amazon and eBay, and then ask the sellers to send the goods to a forwarding company in Delaware, and then the forwarding company sends them to
In the hands of customers.
Paopao is out of control. Its revenue has a compound growth rate of more than 25% every month, and its profits are very impressive. In the past seven months, it has reached its peak period, until Coral Island Technology announced that it would stop selling PHC.
Paopao Company cannot purchase goods, and its income has also dropped.
Now they all know that PHC is about to usher in the 2.0 era, and people in their field are gearing up. Charlie and the others are preparing to increase their investment in a big effort. The three of them were at the 2.0 press conference.
…
"Hi, Jay, and Tyler. I suddenly realized that we should make an overall new strategic plan for the future of Paopao Company?" Charlie said, looking at the two good buddies.
"Why? Isn't it great now? It will be released in half a month. You, me and Taylor all know that the 2.0 has already been sold for US$20,000 on the black market in North America." Jay said with confusion and amazement.
: "Oh God, this is so crazy! We will definitely make a lot of money once 2.0 is released."
Europe is even crazier, or Luxembourg, where the price is 21,000 euros. This price is indeed crazy, but it does not put much financial pressure on middle-class families in Europe and the United States.
The key is that the products are so excellent, and Europeans and Americans themselves also like this kind of modern electronic products with a sense of technology.
Charlie shook his head and said seriously: "paopao's model is too single and relies too much on the coastline. If we want to continue paopao company as a long-term business, we must change this situation. Don't forget the coastline.
The company claims that its global business has only entered a 'dormant period', which means that Coastline's confidence in returning to the global market is imperative. For now, in the confrontation between the two multinational giants, Coastline has a greater chance of winning. I think North America and Asia may compromise.
Our good days have come to an end. Transformation must occur at the best time. Now is the best time, so we should transform."
"I don't agree with what you say, Charlie. Now is probably the worst time. Guys, let's see..." Taylor said. The two of them immediately looked at each other, and Taylor turned a floating screen to look at it.
Looking at the two of them: "The latest news from the official website of Coastline, one good and one bad. The good one is that the last batch will go out of stock in a week, and the factory price is 46,999 yuan for direct sales?"
Jay looked at Charlie spreading his hands and said inexplicably: "It's really incomprehensible logic. I'm a consumer, can't I wait a few days to buy the cheaper 2.0? Are the executives of Coastline Company crazy? Who would buy 1.0 now?"
Taylor continued: "The bad news is that there are purchase restrictions. I have read the details. To put it simply, Boss Ye doesn't want to sell to us 'foreigners'."
Jay's eyes suddenly widened, and he immediately leaned towards Taylor and slid the floating screen, saying: "What did you say? Is this... is he trying to crack down on us small and micro dealers who purchase on behalf of others? But... this doesn't make sense, why are they
Want to crack down? The ones to crack down on should also be the customs in various regions in North America or Europe.”
Taylor spread his hands helplessly: "Who knows how the logic of these big companies works, so what if there are no restrictions in 1.0?"
At this moment, Charlie's eyes narrowed and suddenly lit up: "Going to stock...could it be...could it be...Brother, I think we can negotiate a big deal with Coastline, I think I should go to Yongzhen...
…”
The two friends were stunned, and Taylor couldn't help but jokingly said: "I'm sorry, brother, I didn't mean to do it, but to be honest, you want to meet Ye Hua to discuss business with him? There may be two Bill Gates in between. I even believe it."
You can have a conversation with Mr. Gates, and I don’t believe you can meet Ye Hua and have a pleasant chat with him. Let’s be more realistic, don’t be so unrealistic, ojbk?”
"What-is-ojbk?" Jay asked Taylor, who looked stunned, then sighed and shook his head: "You don't know ojbk? Well, I'm starting to wonder how you spent the past seven years in Shangdu."
