Longtengbao has successfully grabbed the headlines for several days in a row, and its market share has continued to increase.
Especially Yu'e Bao, the large amount of stored funds allows Longteng Group to have enough funds for use. Although it needs to pay interest, it is less troublesome and worry-free than bank loans.
Besides, giving strength to ordinary users is much better than giving interest to banks. If you give interest to users, you can get generous returns. If you give interest to banks, you will get no benefit at all.
"Baili Pay launches new features, Baili Wallet makes your financial management more worry-free..."
"Baili Baitiao makes consumption easier..."
After just five days, this situation disappeared. Baili Group finally responded. Within five days, Baili Group launched the same functions as Yu'e Bao and Huabei.
Baili Wallet, Baili Baitiao. Baili Group, as the largest Internet company in China and the third largest Internet company in the world. With a market value of more than 300 billion U.S. dollars, it is the world's largest e-commerce group. This scale is not Longteng Group at all.
Comparable.
Longteng Group's creativity is better, but creativity cannot replace scale. Baili Group is China's number one online shopping platform, and its scale is quite terrifying.
As soon as Baili Group came out, the limelight of Longteng Group was suppressed. The pace of expansion stopped, and even the funds in Yu'e Bao were lost, but fortunately the loss was not serious.
"Baili Group announced that it will build a cashless city in Hangzhou."
Immediately afterwards, Baili Group also announced the creation of a cashless city in their headquarters, Hangzhou. Compared with Blue Ocean City, Hangzhou is a first-tier city in China, with a population of nearly 10 million and an annual GDP of 1200 billion.
Regardless of scale or status, it lags far behind Blue Ocean City. Coupled with sufficient financial support, many people immediately welcomed the news as soon as it came out.
“iFlytek Group launches WeChat Pay and WeChat Change…”
"iFlytek Group restructures its online mall and adopts a self-operated model..."
"iFlytek Group re-enters the online shopping industry..."
At this time, iFlytek Group also announced the news. iFlytek Group launched WeChat Pay and WeChat Change, iFlytek's version of online payment and Yu'e Bao, and reorganized iFlytek Mall to adopt a self-operated model.
"Damn, it's so lively..."
"It's so lively now..."
"It's simply the Three Kingdoms' struggle for hegemony..."
"But Longteng Group seems to be the weakest..."
"No way, it's not of the same magnitude..."
"Longteng Group should just keep doing entertainment..."
"Yeah, give full play to your strengths..."
Online, netizens started talking about it. Baili, iFlytek, and Longteng took turns taking turns, it was like the Three Kingdoms competing for hegemony.
If you want to compete for the market, you have to burn money. As for how long it will last, no one knows.
In the Three Kingdoms' struggle for hegemony, each has its own strengths. Baili Group is the originator of online payment. iFlytek Group relies on its huge social users. But Longteng Group, which seems to be the weakest, is always unexpected and has the ability to use small things to make big things happen.
None of the three groups should be underestimated. Especially the Longteng Group. Many companies in the industry have listed the Longteng Group as an extremely dangerous sign, not because of how powerful the Longteng Group's funds are, but because of Zhang Fan.
Talented, adventurous, and a fool. He must take revenge. The most important thing is that every time he launches a new product, he can always become a pioneer in the entire industry.
This is the so-called ability of corporate innovation. Longteng Group is not as rich as Baili and iFlytek. However, Longteng Group is deeply loved by fans. In China, there are currently a lot of Longteng fans.
Longteng Group, Zhang Fan held a plenary meeting.
"Our next goal is to move steadily. We don't need to move fast, but we must move steadily. Our group has limited capital and cannot compete head-on with Baili iFlytek. Therefore, our strategy is to surround the city with rural areas. Baili
Li Group and iFlytek Group’s goal is big cities, our goal is small cities..."
Zhang Fan seriously said that the countryside surrounds the city. This is the revolutionary theory proposed by Mao Zedong. Shopping malls are like battlefields, and this theory is equally applicable to shopping malls.
Compared with the urban market, the rural market is also very large and extremely developed. The country's rural population is 700 million, which is only a little less than the urban market.
If this market can be opened up, Longteng Mall's market share will definitely increase horribly.
"So, our next task is to seize the rural market. The key to seizing the rural market lies in logistics and warehousing. We need to set up a general warehousing department in each province, and set up small warehousing centers in each city.
Logistics headquarters have been set up in every county and our logistics service points have been set up in every village.”
Zhang Fan began to seriously explain the future model, logistics and warehousing, especially the logistics system. At present, except for Huaxia Post, other logistics will not deliver to rural areas.
Without logistics delivery, rural people's enthusiasm for online shopping has been greatly discouraged. What Longteng Group needs to do now is to deliver these products directly to the logistics service points in each village, and then deliver them to everyone's home.
At the same time, the logistics and warehousing will be continued below and more logistics and warehousing centers will be established. We will strive to deliver the goods to consumers as quickly as possible.
Listening to Zhang Fan's explanation, everyone was full of fighting spirit. If they could win the rural market first, Longteng Mall's market share would be horribly increased.
"You vice presidents, each vice president is responsible for a region. I will give you half a year. After half a year, I will see the results."
Zhang Fan said seriously, and several vice presidents of Longteng Mall nodded seriously. Each person has an area. Although they will be a little busy next time, they also know that this matter is very important.
"Also, confidentiality work must be done well."
Zhang Fan said seriously that many things require surprise. The rural market just needs a surprise.
However, this plan requires a lot of money, especially to build a warehousing center. Where to build it and how to build it require many considerations.
"Okay, let's break up the meeting."
Zhang Fan waved his hand, and everyone left the conference room. Only Zhang Fan was left lying on the chair. Zhang Fan closed his eyes and began to rest, but in his mind he was thinking about the way to go.
Longteng Group still has too big a stall. The bigger the stall, the more things Zhang Fan has to deal with. But these stalls are also crucial and cannot be abandoned. This is
It is a complete system. For Longteng Group, it cannot survive without anyone.
After a long time, Zhang Fan opened his eyes, rubbed his head and sighed. Take it as it comes, Zhang Fan was a little scared and a little excited about the challenge.