Reborn in 08, a heretical cultivator starting a business

Chapter 27 YouTuan.com: Expanding into New Markets
"Director Yu, this is Tang Jinghe, the former deputy manager of Tianhong Human Resources and the current vice president of our Future Technology," Wang Junshan introduced.

"Hello, Director Yu!" Tang Jinghe extended her hand.

"So it's Manager Tang. No wonder you look familiar. You were the one who hosted the Tianhong Human Resources recruitment presentation at the school before."

"Director Yu still remembers me. Actually, I'm also a graduate of Binzhou University, class of '91!"

"What a coincidence! Birds of a feather flock together! Hahaha!"

After exchanging pleasantries, we got down to business.

Director Yu, accompanied by Wang Junshan and his companion, went directly to the science and technology park and pointed to an office building by the roadside:

"Junshan, this office building is close to the highway, has the best location, is convenient to access, and is also eye-catching."

"A single floor has an area of ​​800 square meters, and five floors have an area of ​​4000 square meters. After deducting the common area, there is still 2800 square meters of usable office space."

There is a parking lot at the entrance and an underground garage.

"There's also a basement floor, you can use that too."

"Thank you, Director Yu." Wang Junshan was very satisfied with the building.

Further in, the locations aren't as good, and there's no parking lot at the entrance.

Clearly, Director Yu picked the best building for them!
To Wang Junshan's surprise, very few companies had moved into the entire science and technology park, and many were vacant.

Seemingly sensing Wang Junshan's confusion, Yu Xingyao sighed:

"Junshan, although our science and technology park is also available for rent, our school is located in the city center, which is also an affluent area, so the rent is high!"

"This creates a problem: large companies don't want it, and small companies can't afford it. It's awkward."

Wang Junshan suddenly realized.

Large corporations all have their own science and technology parks.

Or rent a Grade A office building with a sea view by the sea!
They looked down on the five-story building in the Binzhou University Science and Technology Innovation Park.

Small businesses with limited budgets prefer older districts with lower rents or newer districts with very affordable rents.

Of course, "new district" is a nicer way of saying it; in reality, it's a large suburban area far from the five urban districts.

It is currently under development and is located in a suburban area where rents are extremely cheap.

However, the city provided strong support and moved many universities there, resulting in a wealth of talent.

This has resulted in extremely low rents and a large talent pool in the new district. Coupled with policy support and effective investment attraction, it's a boon for small businesses and a paradise for entrepreneurs!

Many small businesses have moved to the new district.

As a result, the Binzhou University Science and Technology Innovation Park became something that was neither high-end nor low-end.

Large companies don't want it, and small companies can't afford it.

awkward.

If Binzhou University hadn't provided Wang Junshan with free access and offered a 50% discount after graduation, he wouldn't have considered this place.

Isn't the new district appealing?
Don't be fooled by the fact that it's now a large suburb.

Six years later, the new district was renamed and designated as a national-level new district, and began to develop rapidly!
With various preferential policies, the full implementation of various high-end industries, the concentration of universities and talents, and rapid development, it will become unattainable in just a few years.

Fifteen years later, the GDP of the new urban area will exceed 5000 billion!
It has not only become the premier coastal district, but its GDP is also higher than that of many cities!

However, with the rent-free policy, the science and technology park of Binzhou University would be perfect.

"Don't worry, Director Yu, I believe our science and technology park will have a bright future."

Wang Junshan comforted him, "Try to reserve these other buildings for me. In case our technology develops too fast in the future and one building isn't enough, we'll have to continue leasing."

"That's great!" Yu Xingyao smiled. "Junshan, don't worry, as long as you rent it, I guarantee you'll get a 50% discount on the rent!"

"50% off! That's fantastic!" Wang Junshan smiled.

In the heart of the city center, a 10% discount on rent would definitely be expensive.

But a 50% discount on rent is cheap enough.

As for the western district, it will develop in six years and will be very well developed in ten years, but right now it's a godforsaken place.

Nothing compares to the city center!
After completing the formalities, Wang Junshan officially took over the entire office building.

He handed the remaining keys to Tang Jinghe.
"President Tang, give me your bank card number, and I'll transfer 30,000 yuan to you as start-up capital for the company. Of course, this is a loan from me to the company; remember to record it once we have an accountant."

A company's assets belong to the company, while an individual's assets belong to the individual.

These all need to be clearly distinguished.

"Okay, boss. Now that we have an office location, I'll first register the parent company Future Technology, the subsidiary YouTuan Technology, as well as trademarks and domain names, and then hire people to get the framework up and running as soon as possible."

"Yes, enough administrative staff is fine, let's save money. The important thing is to hire developers, they must be professional! We need to create a group-buying website – YouTuan.com!"

Wang Junshan detests all forms of formalism and is particularly averse to the cumbersome and highly paid administrative staff, while the R&D and marketing departments, which actually do the work, are few and far between. This is putting the cart before the horse.

Whether it's Future Technology Headquarters or YouTuan Technology, the marketing and R&D departments are the most important and offer the highest salaries.

Administrative and financial functions are sufficient.

Subsequent administrative management positions were also primarily filled by promotions from the R&D and marketing departments.

Instead of poaching useless people from big companies who only know how to flatter superiors and bully subordinates, to have laymen instruct professionals.

As for YouTuan.com, outsourcing it is certainly simple, but subsequent upgrades will be a problem.

As a flagship product, YouTuan.com will definitely continue to upgrade, iterate, and launch new features to lead the times!
If we assemble a research and development team and conduct independent research and development, then subsequent maintenance and upgrades will not be a problem.

Even developing a mobile app next year will be a breeze.

Moreover, as a technology company, Future Technology naturally has a research and development department.

It takes about a month to set up such a group-buying website, and it can be listed in early July.

Even though summer vacation is coming up soon, it doesn't matter.

If YouTuan.com wants to grow, it also needs to expand its marketing team, increase product categories, and explore other school markets.

We also need to build a logistics team, establish a distribution and warehousing system, and so on, all of which take time.

We can use the summer vacation of more than a month to plan and develop, starting with the coastal city area.

We will take it one step at a time and gradually expand to universities in other cities within the province, and even nationwide!
Wang Junshan had planned all of this very clearly.

After separating from Tang Jinghe, Wang Junshan dialed Fu Yan's number:

How are winter melon sales going? How much inventory is left?

"Boss, sales have dropped significantly. Especially in the afternoon, sales have declined noticeably."

"We can sell about a hundred in the first hour of the morning, but after 2 p.m., we only sell about seventy. We expect to sell even less in the future."

"We currently have over 600 winter melons in stock, and we estimate that they won't be sold out today."

"It looks like we won't be able to sell 20,000 jin today."

Wang Junshan made a decision, and sales were indeed halved.

Yesterday we sold 40,000 jin, but today we sold less than 20,000 jin, even after the price was reduced to 1.8 yuan.

Tomorrow there will probably only be 10,000 jin, and the day after tomorrow 5,000 jin...

There's nothing we can do; Binzhou University only has 14,000 students, the market is becoming increasingly saturated, and sales are declining.

Even if the price is reduced by 50 cents this time, the effect will be limited.

"Okay, I understand." Wang Junshan had made up his mind.

Binzhou University needs to launch new products!

However, Wang Junshan did not return directly to Binzhou University, nor did he go to Hongyun Agricultural Wholesale Market.

Instead, he went to the Binhai Hotel Management Vocational and Technical College, which is located opposite Binhai University!
Although this school is a junior college, it has a large number of students, more than 10,000.

Moreover, they are among the top students in vocational colleges, and their future employment prospects are not bad.

Many of them have gone to hotels like InterContinental and Marriott.

Although you start from the bottom, as long as you work hard and persevere for a few years, you can become a foreman and earn a decent income.

Moreover, the school dormitories don't have fans, the management is strict at night, and the power is cut off!
The biggest fear is that if the power goes out, students will turn their dorm rooms into internet cafes and play games all night long.

This gave Wang Junshan an opportunity!
An opportunity to sell winter melons!

More than 10,000 students—it's another terrifying market.

With the sales of winter melons from Binhai University nearing saturation, Binhai Hotel Management Vocational and Technical College presents a new growth opportunity!
Binhai Hotel Management College and Binhai University are only a few hundred meters apart, making delivery convenient.

To the north of the Hotel Management College is Hengxing Technology College, with nearly 30,000 students.

There's no fan, the power goes out at night, and we still need winter melon.

These are all opportunities, all potential profits!
The two schools together have more than 40,000 students. Even if only a quarter of them buy Wang Junshan's winter melons, they could sell more than 10,000 of them and make a profit of several hundred thousand yuan!

If you continue south along Binzhou University, not far away you'll find the University of Science and Technology of China and Qingdao University!

These two campuses together have more than 10,000 students!
However, the number of students is significantly less than that of the School of Hotel Management and the School of Stellar.

Moreover, the School of Hotel Management and the School of Hengxing are closer to Binzhou University.

Wang Junshan was very worried that someone else would seize the opportunity and get there first, then he would have nowhere to cry.

It's best to strike first and secure it!

We took it on the third day, giving no one else time to react!
(End of this chapter)