Reborn in 08, a heretical cultivator starting a business

Chapter 56: YouTuan.com Launches, A Decisive Strike! (Seeking Monthly Tickets)
Riding high on the spring breeze, the horse gallops swiftly.

Jia Zhonghao immediately notified the fruit and vegetable vendors to place an order for 10,000 jin of watermelon, 5,000 jin of peaches, 5,000 jin of Kyoho grapes, and 3,000 jin of Fei Zi Xiao lychees, preparing for a big sale!
The Huituan Group Buying Supermarket officially opened for business at 7:00 AM the next day.

As soon as the store opened, many people came to support it. Seeing that the price was similar to that of YouTuan, many people placed orders.

For example, watermelons are sold for three yuan per pound in other supermarkets on campus, one yuan and fifty cents per pound on YouTuan, and one yuan and thirty cents per pound on Huituan!
Kyoho grapes are 7 yuan per jin in other supermarkets on campus, 3.5 yuan per jin on YouTuan, and 3.3 yuan per jin on HuiTuan.

Peaches are 6 yuan per jin in other supermarkets on campus, 3 yuan per jin in YouTuan, and 2.8 yuan per jin in HuiTuan.

The first-grade Fei Zi Xiao fruit is priced at 18-20 yuan per jin in other supermarkets on campus, 10 yuan per jin on YouTuan, and 9.8 yuan per jin on HuiTuan.

Basically, all the fruit prices are one or two cents cheaper than before on YouTuan, and nearly half the price of the supermarket on campus.

Many people placed orders to buy them.

Jia Zhonghao was extremely excited, thinking that sales would definitely explode today and he could make a lot of money like Wang Junshan!

We promptly notified the supplier to place additional orders.

Surprisingly, sales were quite good in the morning.

But after noon, sales were just average, not as good as the neighboring YouTuan.

This left Jia Zhonghao speechless: "How could this be? There were so many people in the morning, how come there are fewer people at noon?"

Jin Xingye's lips twitched. He couldn't very well say that most of the people who came in the morning were student council members or people who wanted to join the student council, and that they came to support President Jia!

As for the other students, not many came, and because they were forced to join the group, they were very resistant to the Hui group.

Even if HuiTuan is two cents cheaper, I'll still choose YouTuan next door!

Reality was too harsh, so Jin Xingye could only say:
"Brother Hao, I guess there were too many people this morning, which exhausted our consumption potential. Also, it's only our first day of business, so we don't have enough brand awareness yet. It'll be better tomorrow."

Jia Zhonghao nodded: "That makes sense. Keep promoting it, and let's go all out tomorrow."

"it is good."

Sales were sporadic in the afternoon, but some items were sold.

That evening, Jia Zhonghao began counting his money with great pleasure.

After deducting all costs, the gross profit is around ten thousand!
"The group-buying model, with its low profit margins and high sales volume, is indeed profitable!"

"At 10,000 a day, my investment of 170,000 should be recouped in a little over half a month."

"good, very good!"

Jia Zhonghao beamed with joy.

This strengthens my resolve to make even more money tomorrow!
Lu Chuan also gathered the funds and dialed Wang Junshan's number:
"Boss, the other four schools' revenue is very stable today. Binzhou University's profit dropped by about 10,000 due to the impact of Hui Group, to only 30,000. However, the total profit of the five schools is still over 200,000."

"Alright, Huituan is nothing to worry about, don't bother with it."

Wang Junshan said nonchalantly, not taking Hui Tuan seriously at all.

How can a mere school copying the trend compare to YouTuan?

"Get ready, we're launching our big project tomorrow."

"Yes." Lu Chuan felt reassured.

Tomorrow is destined to be a big day for U-Tuan!

On September 6, the sky was clear and the weather was nice.

Driven by his entrepreneurial passion, Jia Zhonghao woke up at five o'clock.

As soon as the dormitory opened at six o'clock, he went to Feihang Supermarket, ready to make a big splash and earn tens of thousands a day!

Unexpectedly, there were hardly any customers all morning, even less than yesterday afternoon.

"It's probably too early, it'll be fine in a bit."

Jia Zhonghao consoled himself.

Unexpectedly, few people came in the morning, and even fewer in the afternoon. By noon, there were hardly any customers at all!

After an entire morning, the 150-square-meter supermarket only generated 200 yuan in revenue, with a gross profit estimated at only 100 yuan, not even enough to cover the rent.

A 150-square-meter supermarket costs 12 yuan in rent per year. Excluding summer and winter vacations, the average monthly rent plus property management fees for nine months is 1.4 yuan.

Add to that the salaries of four employees (6000), water and electricity bills, and other expenses, and the average daily cost is 700!
A daily turnover of 1500 is needed to achieve a gross profit of 700 in order to barely break even!

But now, the morning's revenue is only 200 yuan, a huge loss indeed. "How can it be so little? Yesterday we made over 10,000 yuan!"

Jia Zhonghao was completely puzzled and couldn't understand it at all.

At this rate, when will we ever break even on the 170,000 yuan investment in the store and the 10,000 to 20,000 yuan investment in inventory?
"Brother Hao is finished! Brother Hao is finished!"

Jin Xingye rushed in, holding a flyer in his hand.

"You're the one who's finished!" Jia Zhonghao's face was rather grim: "Don't you know how to avoid prophecy?"

"No, Brother Hao, it's not you who's finished, it's Hui Tuan who's finished! Hui Tuan is finished!" Jin Xingye couldn't help but say.

Jia Zhonghao's lips twitched: "..."

If Huituan is finished, that would be even more disastrous!
"what happened?"

"It's YouTuan. They not only did group buying for Binzhou University, but also simultaneously expanded to five other universities next door: Hengxing Vocational School, Hotel Management School, University of Science and Technology of China, and Qin University!"

"..." Jia Zhonghao was dumbfounded: "I was too narrow-minded. I didn't expect Wang Junshan's plan to be so grand!"

"Not only that, they also launched an e-commerce website today, introducing YouTuan.com!"

"What? They've even made an e-commerce website? No wonder nobody's buying anything!"

Jia Zhonghao was completely stunned, filled with shock and anger: "Damn it! How are we supposed to chase after them now?"

A deep sense of powerlessness filled Jia Zhonghao's heart!
If it's just a difference between schools, we can simply invest money to promote it, and Hui Tuan can also launch a program with five schools operating simultaneously.

Although it will be much more difficult to promote without the student union connections in other schools, it's okay, we can just spend more money.

At worst, we can just get the student council presidents from those schools to join us.

Kehui Group just jumped on the QQ group buying bandwagon, and Wang Junshan has already created and launched his own group buying website!

Direct dimensionality reduction attack!

That Hui group is truly finished; it was instantly defeated!

I can’t even catch up!
Running a group-buying website is not an easy task!
However, misfortunes never come singly.

"Brother Hao, what's even more deadly is that Wang Junshan's YouTuan.com not only does group buying of fruit, but also snacks, beverages, alcohol, daily necessities, electronic products, stationery, department store items, and so on."

Jin Xingye pointed to the shelf next to him: "Basically, everything you sell in your supermarket, YouTuan.com has, and it's much cheaper than in your supermarket!"

"!!!"

"What? How is this possible!"

Jia Zhonghao was dumbfounded and terrified.

"Brother Hao, look!"

Jin Xingye directly turned on the computer on the counter, searched for YouTuan.com, and was instantly redirected to the YouTuan.com website.

In 2008, a year filled with cluttered web pages and rampant advertisements, the clean and refreshing UI was a breath of fresh air.

At first glance, it makes you want to linger.

The website displays not only the weather for the day but also the weather for the next seven days in the upper right corner.

In the middle is the search box, where you can search for various products. Below are several keywords:
Breakfast, Fei Zi Xiao grapes, Kyoho grapes, mangoes, cola...

Below that is the category page:
Featured products, fruits and vegetables, snacks and side dishes, dairy products and beverages, personal care and beauty products, department store and digital products, green plants and flowers.

Below that is the recommendations page, where some of the best-selling products, such as fruits, vegetables, and dairy drinks, are all listed.

Exquisite pictures, attractive prices, and a wide variety of products.

"Holy crap!" Jia Zhonghao was increasingly alarmed as he looked.
"They have everything, and it's cheaper too. How are I supposed to sell my supermarket stuff?"

"How am I going to recoup my investment in Feihang Supermarket, which I bought for 17 yuan?"

"It's over!"

"It's really over!" Jia Zhonghao panicked completely!

　YouTuan.com is now online, and progress is accelerating! (Requesting monthly votes!)

　　
　
(End of this chapter)