Reborn in 08, a heretical cultivator starting a business

Chapter 50: On the Eve of YouTuan's Online Launch, Warehousing and Logistics Construction! (Seeking Monthly Tickets)
After more than a week of development, YouTuan Technology's marketing department and logistics department have also been established.

Although there weren't many people, each one of them was a highly skilled and elite soldier carefully selected by Tang Jinghe!

Part-time work is acceptable in the initial stage, but with YouTuan.com about to launch, it must be fully formalized!

Wang Junshan convened a meeting with two departments when his phone suddenly rang; it was a text message:

【Junshan, I'm sorry, is there some misunderstanding between us?】

It was Chu Yiqiu.

She has had a very bad time these past two weeks.

Wang Junshan hasn't spoken to her for half a month.

At first, Chu Yiqiu was very tough.

If you ignore me, I'll ignore you too.

She thought Wang Junshan would eventually come back to her, or even admit his mistake and apologize.

Unexpectedly, this wait lasted for half a month.

Wang Junshan not only ignored her completely, but also kept her QQ number on his blacklist.

Chu Yiqiu could no longer remain calm and decisively sent this text message to Wang Junshan.

Wang Junshan, who was in a meeting, frowned as he looked at the text message: "Chu Yiqiu? Is she seriously ill?"

Delete and block immediately!

Seeing that Wang Junshan did not reply, Chu Yiqiu took a deep breath and dialed Wang Junshan's number directly, but found that she could not get through.

I dialed again, but still couldn't get through.

A familiar scene has played out once again.

"Fine, fine, you're ignoring me, blocking my QQ number, and even my phone number!"

Chu Yiqiu understood everything:
"Wang Junshan, you're really something!"

"What makes you so special?"

"Who do you think you are?"

"You really think I, Chu Yiqiu, have no suitors?"

There are plenty of people more talented than you, you just don't know what's good for you!

“Look at Boss Dong, he’s also a student, but he makes 100,000 to 200,000 yuan a day doing group buying, and he’s not that smug.”

"Who do you think you are, acting so high and mighty?"

“How hilarious!”

"If I ever pay any attention to you again, I'm a dog!"

"It's also my fault. I ignored someone as outstanding as Boss Dong and wasted my energy and feelings on you. I must be seriously ill!"

Chu Yiqiu was furious, and a sharp glint flashed in her eyes:
"I wonder if Boss Dong has a girlfriend..."

"If not, I'll take the initiative, and maybe I'll become the boss's wife at YouTuan."

"Although I may not be the most beautiful, I can be the most proactive!"

"Of course, it doesn't matter if Boss Dong has a girlfriend. As long as he's not married, I still have a chance."

Chu Yiqiu's heart fluttered more and more as she thought about it, her eyes filled with fervor:
"As for Wang Junshan, you can go play somewhere else!"

"Boss Dong is the perfect match for me, Chu Yiqiu!"

"It's a pity that Boss Dong hasn't been coming to the store lately, so I don't even know what he looks like."

"They even hired a very pretty saleswoman, that's outrageous!"

Chu Yiqiu said angrily, "But it's okay. I'll go to YouTuan Group Buying Store more often from now on, three times a day. I don't believe I won't run into Boss Dong!"

"It would be even better if Boss Dong hadn't talked to me before. If I gave him my first time, maybe I could become his ideal woman!"

On the other side, Wang Junshan looked around at the employees of the two departments: "As you all know, the development of YouTuan.com has been progressing smoothly over the past week and is nearing completion."

"Next, YouTuan.com will conduct a series of tests, and barring any unforeseen circumstances, it will be officially launched in a week."

"What our marketing department does is select products, expand stores, and conduct on-the-ground promotion!"

"Product selection: target all college students in Binhai City and choose products that they need."

"It's not just fruit, but also snacks, drinks, dairy products, daily necessities, stationery, and so on that college students need. As long as the source is reliable and the price is low enough, they can all be listed on YouTuan.com and sold to numerous universities and technical schools in Binhai City!"

"The product selection team in the marketing department will be traveling around to negotiate sources of goods, channels, and distributors."

"Principle one: The product must be genuine!"

"The distributor's level doesn't matter, as long as they are legitimate distributors and don't sell substandard or counterfeit products."

"Principle number two: the purchase price must be low!"

"YouTuan mainly targets group buying for college students, focusing on cost-effectiveness. If the purchase price is too high, it will be impossible to sell."

"Principle Three: Goods first, payment later."

"Of course, it's unrealistic for YouTuan.com to be just starting out and to expect T+30 days and monthly settlement of sales payments."

"Ideally, it should be T+7, and the payment for the sold goods should be settled with the supplier about a week after the product is sold."

“For some high-quality distributors with sufficiently low prices, T+3 settlement is available, meaning the product is sold and the settlement is made with the supplier three days later.”

Upon hearing this, the expressions on the faces of the product selection team members became quite interesting.

I thought that joining the product selection department would not only give me a good salary, but I might also be able to get some kickbacks.

Purchasing, as everyone knows, is lucrative!

Now look what's happened, the boss is trying to get something for nothing.

The distributor delivers the goods to YouTuan's warehouse first, and YouTuan sells them. It takes three days or even a week before the payment for the sold goods is settled.

The distributors have already delivered the goods, but they still haven't received payment. They can't even make money themselves, so how can they give out rebates?
To add goods to the deal and then lose the kickbacks—isn't that stupid?
Moreover, YouTuan is just starting out and only has a certain degree of popularity in a few universities.

Many distributors are worried about being scammed, about not getting their money back, let alone receiving kickbacks!

Don't even think about it!

Seeing everyone shake their heads, Wang Junshan smiled and said:
"I know this is not an easy task, but it is precisely because it is not easy that your abilities can be demonstrated!"

"President, this is not a matter of ability, but a matter of credibility."

Finally, someone spoke up: "If our YouTuan is a large enterprise, a Fortune 500 company, with unparalleled reputation and high sales, let alone T+3 or T+7, even T+30 would be no problem."

“But we’re just starting out, still a small business, with little credibility. Distributors give us goods in advance, but we don’t pay them until three days after we sell them. If I were in their shoes, I wouldn’t feel confident either.”

"Yes, President, it's very difficult to push forward."

Wang Junshan was not surprised, and that's why he took a step back:
"Of course, it is indeed difficult in the initial stage when trust is just being established."

"In this way, for the first three days of business, we can settle the payment for goods sold on a T+1 basis, with payment settled immediately the day after the goods are sold. But we absolutely cannot accept payment before delivery; YouTuan will never advance funds!"

"Three days later, it will become T+3 settlement, meaning settlement will be completed on the third day after the goods are sold."

"One week later, it became T+7 settlement, meaning settlement would take place on the seventh day after the goods were sold."

"Half a month later, it became T+15 settlement, meaning settlement would take place on the 15th day after the goods were sold."

"Yes!" Everyone could only agree.

Wang Junshan then changed the subject:
"One week later, YouTuan.com will officially launch, and logistics and warehousing must also be ready!"

"So, do we need to buy trucks and hire our own drivers?" asked Xu Jingshuo, the logistics manager.

Wang Junshan waved his hand: "In the early stages, the number of customers and orders is limited, so we have to spend money wisely."

"We can simply partner with third-party drivers who own trucks for logistics. If the partnership goes well, we can select some of the high-quality drivers with trucks, sign them up, and make them our employees—a light-asset model."

“Especially in the first month after YouTuan was launched, there weren’t many orders at the beginning. We could deliver to several universities by hiring a few third-party trucks. If it’s not enough later, we can just add more.”

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(End of this chapter)