Reborn in 08, a heretical cultivator starting a business

Chapter 72 A New Opportunity, Millions in Stockpiling! (Seeking Monthly Tickets)

This tactic is somewhat morally manipulative!
But it works well.

Moreover, compared to many self-proclaimed great entrepreneurs, he already has a much better conscience.

Over the years, the prices in school supermarkets have been 1.5 to 2.5 times higher than those in off-campus supermarkets. They have been reaping huge profits from the hard-earned money of students and parents, and they are all connected to the system.

They deserve to be attacked by YouTuan.com now.

This incident brought an extraordinary impact to an ordinary Saturday.

Fortunately, Principal Li intervened in time and took swift and decisive action.

Director Wei of the Logistics Department has been dismissed and is under investigation!
Student Union President Jia Zhonghao has been dismissed and expelled!
Other high-ranking members of the student union were also investigated.

Not only was YouTuan.com saved, but it also received support from Principal Li.

It can be said that they have won a great victory, and there will be no further problems with their development at Binzhou University.

Shen Huaijin acted quickly; that same afternoon, a reporter from the Binhai Daily arrived at the school and interviewed the students.

It was reported the following day.

The issue of high prices at the school supermarket versus the affordable prices offered by YouTuan.com quickly attracted widespread attention.

Every family has children, and no one's money comes from thin air.

Nobody wants to be ripped off by the school supermarket at exorbitant prices!

We wholeheartedly support YouTuan.com, Principal Li, and Binzhou University!
Principal Li looked at the newspaper and said, "Tell me, why is Wang Junshan so high-profile? He's made a fool of himself!"

Director Yu chuckled: "In my opinion, this embarrassment was well-deserved. Everyone who read the report said that there should be more companies like YouTuan.com! They all say that Binzhou University did the right thing, and that they have a good principal!"

"Haha, is it also because you have a good director?" Principal Li laughed.

"The main characters are the principal and YouTuan.com; I'm just an extra!"

"Don't be modest. If you hadn't reminded us in time, we would have suffered heavy losses if YouTuan.com had been kicked out of Binzhou University today. And if YouTuan.com had grown big in other cities years later, Binzhou University would have been cursed to death!"

Director Yu nodded: "It's quite possible. It's Wang Junshan. He's got some shady dealings up his sleeve. From the Binhai University forum to the Binhai Daily, Wei Hong and Jia Zhonghao thought he was easy prey, but Wang Junshan made a move that left them completely helpless! One was fired, and the other went to jail. The other supermarkets have also fallen silent and dared not make a fuss."

Principal Li took a deep breath: "Wang Junshan's methods are a bit unorthodox. But fortunately, he knows his limits and understands what he should and shouldn't do. Overall, he handled it very well, and since it concerns the life and death of YouTuan.com, he had no choice."

“Once Binzhou University has removed YouTuan.com, other schools will definitely follow suit, and then YouTuan.com will be truly finished.”

"Yes, it must have been tough on him." Director Yu breathed a sigh of relief.

If the principal says so, then everything is fine.

If it were someone else, the consequences of using such methods would be unpredictable...

In Shandong Province, stability is the most important thing!

The results were officially released on July 1st.

Former student council president Jia Zhonghao was dismissed and expelled.

Wei Hong, former director of the logistics department, was dismissed, expelled, and handed over to judicial authorities.

Wang Junshan simply ignored all of this.

They're all minor characters, not worth mentioning.

Instead, another high-level meeting was convened:
"Good news! On July 18th, municipal leaders will be visiting Binzhou. As a seed project in the entrepreneurship competition, our YouTuan.com will be a key focus of their attention."

"In other words, some media outlets will come to interview us that day, we'll be on TV, and it'll be on the news, which is a very good opportunity for exposure!"

"This is great news!" Everyone became excited.

The newspaper's report the day before yesterday was also quite good and attracted some attention.

However, it still falls far short of what the TV station reported. "But there's a crucial issue: the buzz generated by this exposure is too much for campus group buying to handle!"

As Wang Junshan finished speaking, everyone was stunned:
"Yes, the interview was on the 18th and the report was on the 19th. By then, most students were on holiday and no one was doing campus group buying."

"Yeah, what a waste of that traffic. What a pity!"

Wang Junshan nodded: "Therefore, our YouTuan.com's vertical e-commerce platform—YouTuan Global Shopping—will be launched ahead of schedule!"

The three categories of the vertical e-commerce platform mainly consist of imported products, so Wang Junshan simply named it "YouTuan International" to increase the credibility of the imported milk powder!

As for domestic products, we'll talk about that later.

"YouTuan International, it has to be launched on the 15th, to fill the gap in campus group buying during the holidays."

"Only in this way can we capitalize on the massive influx of traffic on the 18th and maintain decent revenue during the summer vacation!"

"Yes, we must go."

Everyone nodded.

"How's the progress going?" Wang Junshan asked.

"Boss, YouTuan International is also a section of YouTuan.com. We don't need to develop it from scratch. It's progressing smoothly and has been completed. It's currently in testing. It will go live on the 15th, and there are no problems at the system level."

What about logistics and warehousing?

"The deals for the Huaqiangbei warehouse and bonded warehouse in Shenzhen have been finalized, and the logistics in mainland China have also been arranged. All that's left is to get the goods in!"

"We've also secured the Hong Kong Island duty-free warehouse, but logistics are still underway. We expect to get everything sorted out this week! The branch offices have also been registered."

"Very good!" Wang Junshan nodded: "What about product selection and sales?"

The marketing manager was somewhat troubled: "The timeframe is relatively short, and we've only selected a portion of 3C and beauty products so far. We've basically signed contracts with high-quality distributors for the best-selling 3C and beauty products. However, we haven't finalized the deal for imported milk powder yet; we're still negotiating distributor partnerships."

"The imported milk powder issue still hasn't been resolved?" Wang Junshan's expression darkened. "The efficiency is too low!"

"Why hasn't a deal been reached yet for such an important category as imported infant formula?"

"Speed ​​up the process immediately! The imported milk powder must be available by the 15th!"

"Talk directly to the brand, and have U-Tuan's Hong Kong Island branch act as a distributor to purchase in large quantities!"

"We'll secure distributorships for all the major imported milk powder brands we can. Each distributor can sign a deal worth two to three million yuan, so getting a total of over ten million yuan in imports won't be a problem!"

"What? So many?" Everyone was startled.

Tang Jinghe couldn't help but say, "Chairman, we only have 12 million yuan in our accounts right now, of which 7 million yuan is outstanding payments from distributors for goods. The profit belonging to YouTuan.com is only 5 million yuan! Isn't ordering over 10 million yuan worth of milk powder at once too much?"

"Yes, Chairman, imported milk powder sales are so-so. If it doesn't sell well, and there's no income from summer group purchases on campuses, our cash flow will be strained!"

Wang Junshan waved his hand: "Don't worry about not being able to sell them. Getting 1000 million worth of goods is no problem."

"But this means that when we also need to stock up on cosmetics and electronics, we run out of working capital and have to use up all the outstanding payments to our customers."

"It's alright. We'll have new revenue every day from now on, and payments will be settled periodically. Besides, I have some funds on hand, enough for emergencies." Wang Junshan waved his hand, already prepared.

In June, YouTuan earned 8.5 million yuan.

Of that, 350 million was earned before YouTuan.com went online, and it was all in Wang Junshan's hands.

The remaining 500 million in profit plus 700 million in outstanding payments amounted to only about ten days' worth of revenue for YouTuan.com.

Wang Junshan had thought it through clearly.

YouTuan, a vertical e-commerce platform, relied on the Sanju incident!

By riding the wave of the imported milk powder boom, they gained market share and brand recognition!
(End of this chapter)