Only after being reborn did I realize how fascinating the world of the rich is.
Chapter 352 Cultivating Xiao Pingping
A short while later, Xiao Pingping walked in and saw Li Xiaofeng lying on the sofa, looking at her with a grin. She then turned around and locked the office door.
.......
Two hours later, Li Xiaofeng lay comfortably on the sofa, looking at Xiao Pingping who was helping him get dressed, and said with a smile, "You're still the best, the most considerate of my needs. You never refuse me when I want to do something!"
Xiao Pingping said irritably, "Are you implying that I'm the easiest person to bully?"
"That's definitely not it. I plan to train you properly and then have you work for me, so that you can also realize your own value in life!"
"Do you train people all the time on the sofa?"
Li Xiaofeng smiled and said, "Before cultivating your own people, you always have to cultivate a good relationship first!"
Xiao Pingping pouted, looking somewhat aggrieved, and said, "I've been groomed by you for years, can't you come up with a nicer excuse?"
Li Xiaofeng smiled and changed the subject, saying, "I remember you were a computer science major, right?"
"I don't know anything about these things. After the college entrance exam, I heard that computer science was a popular major, so I applied for it!"
"Perfect timing! I'm looking to move into the internet industry, and you've been with me for a while now, so you can take charge of that for me from now on!"
"Oh, I have no experience, I can't do these things!"
"It's okay, I'll have your sister Peipei take charge of management. You can assist her first and help her with technical matters. Once you have some work experience, I'll let you operate independently!"
"What specific direction do you want to develop in?"
"I want to create two websites!"
"Two websites?" Xiao Pingping's face was full of surprise.
As a computer science major, she knew that successfully operating one website was already a remarkable achievement, let alone two.
"Yes, one is a video website. I plan to put all my film and television resources and variety show resources into it to create my own entertainment platform."
"Now, all the films, TV dramas, and variety shows that Huiya is filming rely on television broadcasting platforms. They're giving away their resources for free and being controlled by others!"
Xiao Pingping frowned and said, "Currently, there are already video websites like Youku and Douban in China, which have occupied a considerable market share. If you start a video website now, can you compete with them?"
Li Xiaofeng smiled and said, "I don't intend to compete with these video websites to become the industry leader. I just want to build an industry chain for the film and entertainment industry, and video websites are a very important part of it."
"The industry chain of the film and entertainment industry?"
"Yes, didn't you see that Mr. Jia from a certain TV network wants to create a film and entertainment industry chain that combines software and hardware? His idea is very good, but the scale is too big, and his strength is far from enough to complete it."
"I already have some resources in the film and entertainment industry, such as Dingdian Films and Gejia Media. By integrating these resources through this video platform, we're sure to succeed!"
In fact, Li Xiaofeng's video website business plan was not imitating iQiyi, Kugou, or Tencent Video, but rather GuoTV, created by Hunan TV.
According to my memories from my previous life, the three major video websites, Youku, Tencent Video, and iQiyi, were all losing money so badly that they almost went bankrupt. The reason was that during their early expansion, they didn't pay attention to controlling costs and kept burning money to seize the market.
The problem is that video websites don't have high user loyalty, and their so-called market share isn't secure. Ultimately, the content of a video website is what attracts the most viewers.
This has led several major video websites to burn through even more money in an effort to attract viewers, but they have also fallen into a vicious cycle of increasing losses.
Li Xiaofeng not only owns Dingdian Film and Television, but also Wanzhong Media, an advertising company. In other words, his company can not only create content, but also directly bring in advertisers.
This will significantly reduce not only the operating costs of video websites, but also the customer acquisition costs for advertisers, allowing the websites to become profitable as quickly as possible.
In fact, Hunan TV's GuoTV relied on these two points to achieve profitability more quickly.
Li Xiaofeng's choice of this operating model can be considered one of the perks of his time travel.
Xiao Pingping nodded and asked curiously, "What about your other website?"
"Another website is a group-buying website. For this website, I'm not only limiting myself to online business, but I also plan to build an offline delivery team to work together online and offline."
This group-buying website not only aims to sell various goods, but also to secure delivery contracts from catering businesses, creating a one-stop commercial community.
Let's set up Dingdian Video first. Once that video website is up and running, you'll probably have some experience, and then you can start preparing for the group-buying website!
Clearly, the website Li Xiaofeng wanted to create was a copy of the later famous Meituan website.
At this time, a certain group-buying website had already been established, but it was still a group-buying website. It would take about six years before it could truly enter the food delivery market.
Compared to Meituan, Li Xiaofeng's biggest advantage is that he has his own money and doesn't need to look for financing everywhere. Moreover, he can see the results directly and can invest with confidence.
If a certain group wants to move forward, it can only take it one step at a time.
As for Ele.me, the earliest established food delivery platform, it's now just a small fry, not worth mentioning.
For capital, pioneers are merely trailblazers in the industry. As long as capital is willing, it can overtake the pioneers by burning through large amounts of money.
Video websites and group-buying websites are not new; there are already many similar websites, and Xiao Pingping is very familiar with them.
However, after hearing Li Xiaofeng's words, Xiao Pingping said with some difficulty, "Although I know programming, I definitely can't manage to run a website by myself!"
Li Xiaofeng smiled and said, "If you do everything yourself, you won't be able to handle it even if there are a hundred of you, let alone one person. Your task is to supervise, manage personnel, and formulate the website's development strategy."
We don't need you to build the operations team. I have money, so I can hire a headhunting firm to poach people for us.
In addition, Wanzhong Media has a management team, which I can directly draw upon to assist in management.
Xiao Pingping asked with some doubt, "Can the management team of an advertising company manage an internet technology team? Isn't this an outsider leading an expert?"
"You don't understand. True management is about laymen leading experts. Those who are technically skilled are often fixated on the technology itself and cannot step back to take a holistic view."
Of course, the management team also needs managers with technical backgrounds to handle communication between the management and technical teams. However, for more efficient team management, a purely professional management team is essential!
Xiao Pingping said somewhat timidly, "Alright then, I'll give it a try. Don't blame me if I don't do it well!"
"Don't worry, you can definitely do it, I believe in you!"
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