My Age of Investment
Ninety-five, getting better
After a week of waiting, the students finally got good news.
New on Facebook Amazon Store!
Countless students flocked to the online store and found that there are several more styles of T-shirts. Although there are also printed logos, they look better than the previous batch of T-shirts.
buy, must buy!
Some students placed a few more orders, bought one of each style of T-shirt, and collected the Facebook family bucket.
Anyway, the price is not expensive, or 9.9 US dollars!
Originally, some students bought a T-shirt, mainly because of the fans' support for the website, and the quality was secondary.
But when they saw the real thing and realized the law of true fragrance.
Many students have changed their minds. They are no longer just out of hobbies, but actually treat Facebook T-shirts as commodities. They start to compare prices, quality, and styles.
This change of mentality has once again stimulated the growth of T-powder sales.
From a few hundred pieces to 2,000 pieces per day, to 5,000 pieces today.
The most intuitive feeling is that Facebook's originally tight cash flow has become more and more abundant.
Even Blackburn called again and solemnly talked about the deep cooperation between Amazon and Facebook.
On the campus, groups of students wearing Facebook T-shirts appear in classrooms, canteens, libraries... all corners of the school have become a unique landscape.
Basically, every university souvenir shop sells T-shirts with the school logo printed on them. The price is not expensive, but the quality is different.
In the past, many students were cheap and convenient, and they wore T-shirts like this in summer.
But now many students basically don't wear T-shirts sold in school souvenir shops.
Because Facebook's T-shirts are cheaper, better quality and more styles.
Old John looked at Xia Jingxing who walked into his office beamingly, and said with a smile, "Congratulations, Darren, your "T-Sheet Marketing" has been a great success.
The principals of other schools called me to tell me that Facebook's T-shirts were selling so well that their schools' own T-shirts could no longer be sold.
Then I suggested that they stop selling their school's T-shirts, and go directly to you to get a batch of Facebook T-shirts and sell them in souvenir shops..."
Xia Jingxing shrugged and said solemnly, "If they come to me to buy goods, I can give them a 50% discount."
Old John waved his hand and laughed, "Just kidding, don't take it seriously, those people are more stubborn than anyone else."
After sighing for a while, the old man John asked, "Has the number of users exceeded two million?"
Xia Jingxing nodded lightly, "Yes, it exceeded 2 million a few days ago, and the exact number is now 2.1 million."
After confirming this number, old man John couldn't sit still, "Is it only exceeded one million users last month? Just one month, another million users?"
"Yes sir, you heard that right, you are now a shareholder of a website with millions of users!"
Xia Jingxing learned the tone commonly used by Americans and exaggerated his tone, which was very funny.
"What about the coverage of each university? How many universities are these 2.1 million people distributed in?"
Old John quickly digested this explosive news and began to pay attention to the coverage rate, because this is also a very important reference indicator.
"At present, more than 2,000 universities are initially covered, and each university has at least one registered Facebook user.
In other words, we have entered 70% of colleges and universities in the United States.
The coverage rate is relatively high. Facebook registered users account for more than half of the total number of students in the school, and there are currently more than 400 universities.
The seeds of these more than 400 universities have been sown, and in the next one to two months, it is expected to bring us at least one million new users, achieving nearly 100% coverage. "
Old man John nodded heavily, "Very good results,
But what about 30% of schools that are completely blank? "
"Without contacting these school clubs, students may not be aware of a website like Facebook.
But don't worry, when the surrounding schools of these schools are occupied by us one after another, it will be a matter of time before they fall into the embrace of Facebook. "
Old John smiled, "Yes, as long as Facebook can capture half of the market of colleges and universities in the United States, the other half will either actively or passively join in.
This is an iron law that cannot be violated! "
Xia Jingxing nodded, "Yes, reaching this point is equivalent to grabbing the commanding heights of the university market, and other opponents will be blocked by us and cannot come up."
"I want to know, how long will it take to reach this step?"
Old John stared at Xia Jingxing's eyes and asked very seriously.
"With the holidays coming up soon, students will be off campus, which may cause a little bit of trouble with our plans.
However, by the end of the year at the latest, it will definitely be able to occupy half of the market of colleges and universities in the United States! "
Xia Jingxing's words were powerful, showing extraordinary confidence.
If he hadn't sold T-shirts, he might not be so confident.
But the popularity of T's made him see the hope of surpassing Xiao Mazi's Facebook.
"End of the year~"
Old John tapped his fingers on the table and pondered repeatedly.
"Dating.com, are you paying attention?" the old man asked suddenly.
Xia Jingxing replied calmly, "I have been paying attention. Their current number of users is less than one million, which is far from posing a threat to us."
"I entrusted a friend to specifically inquire about this website, and the development speed is very rapid, don't underestimate any opponents who seem to be weak at the moment.
By the time they don't look weak anymore, you've already lost. "
Old John is very serious, and he is passing on his years of business experience.
If it's just an ordinary student, he won't get such attention from him at all.
Xia Jingxing said with a smile, "They are developing, and we are not standing still!
We are now on two tracks with different starting points, and it will take a long time to get to the finish line.
Until the last minute, no one knew who the champion was. "
The old man John nodded, reminding him in place, there is no need to repeat it.
Some time ago, he was a little worried about Facebook being overtaken by the dating network.
But the success of T's marketing made him put down a lot of worries.
"How about the funds in Facebook's account now? After selling so many T-shirts, it should still be able to support it, right?"
After Mr. John made his investment, he seldom asked about financial matters, and he did not specifically arrange financial advisors to Facebook.
On the one hand, the company is not large, so it is not necessary.
On the other hand, Xia Jingxing and the others also regularly sent the account book of operating expenses to the two investors by email for review and inspection.
The most basic trust is still there.
Xia Jingxing said with a smile, "Amazon has already settled all the accounts for the last batch of 68,000 T-shirts, totaling more than 572,000 US dollars.
Additional orders, air freight, tariffs, etc., cost the money.
There are only a few hundred thousand dollars left in the account. If the second batch of 233,300 T-shirts are all sold out, nearly two million dollars can be returned. "
"Really? Two million, that's really good news."
Old man John was full of joy. If all goes well, as soon as the money arrives, Facebook will be officially profitable.
No matter how much you make, at least you make a profit.
At this point, I don’t know how many start-up Internet companies are killed in seconds.
However, in the long run, as Facebook continues to expand, it will definitely fall into losses again.
After all, the sales volume of T-powder is limited, and it can be sold every summer.
As for selling winter clothes, it is more difficult, and the current Facebook will definitely not be able to bear it.
"What happened to Amazon? How many new users did it bring them?"
Old John was concerned about it.
"20,000+ new users!"
Xia Jingxing said with a smile, "Mr. Blackburn is very satisfied, he will fly over the day after tomorrow to discuss a new contract!"
"The last time the offer was too low, I have to pay more this time!"
Old John's face was serious, so that Xia Jingxing could not tell whether he was serious or joking.
"Not so good?"
Xia Jingxing looked embarrassed, "Our company is too small, and I'm not well-known personally, so I can't convince Amazon's executives."
"Amazon has benefited from us far beyond your imagination."
The old man John smiled meaningfully, how could Xia Jingxing hide from him this little thought.
He waved his hand, "Okay, I will accompany you to attend the negotiation this time, you just have to make an offer with confidence, and I will help you."
"Then...it's such a happy decision!"
Xia Jingxing also laughed, what he was waiting for was the old man's words.
With old man John present, he dared to lift the table like Brother Crow.
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