Rebirth: From E-Commerce To Business Empire

No. 1 store became popular, and it became popular all over the country in an instant.

Even many people in remote areas know the existence of No. 1 store, and also know that buying things in No. 1 store is cheaper than in physical stores. The most important thing is fidelity.

At the same time, Yihaodian guarantees returns within seven days without any reason.

As long as you don't like the item, you can return it within seven days without any questions asked.

Of course, the premise is that you don't open the package.

This is why Yihaodian has more than 200 million registered users.

If it weren't for the inability of logistics to keep up, the transaction volume of No. 1 store would have reached a terrifying level.

"It seems that the pace of building logistics is going to speed up!" Li Dong sighed and said to himself.

"Lao Ma, we have been completely left behind by Store No. 1!"

A middle-aged man with eyes at the Alibaba headquarters in Hangzhou looked at Ma Yun sitting opposite and said.

The guy in front of me is probably the only one who calls Ma Yunlao "847" in Ali.

Tsai Center was introduced to Ma Yun by a friend, and he was deeply impressed by two things: Ma Yun's ambition to create Alibaba.com, an international import and export platform, and Ma Yun's charisma.

Then he quit his $700,000-a-year job at AB Investment Company and proposed working for Alibaba for free.

Ma Yun asked all 18 founders of Alibaba—only Tsai Center was educated in the West—to accept a salary of US$600 a year.

It has to be said that Ma Yun's charm is indeed beyond comparison with ordinary people. Otherwise, Sun Zhengyi would not have been prepared to invest in Alibaba after meeting him for only 6 minutes.

"I know! I didn't expect that I still underestimated this kid!" Ma Yun said with a sigh.

I didn’t expect this kid to have so many tricks. Tao Tao is still losing money, but Store No. 1 has already started to make a profit?

Ma Yun is not worried about No. 1 store running Tao Tao out of business. Although both parties are e-commerce companies, their methods are different.

No. 1 store adopts the B2C model.

Integrate thousands of brands and manufacturers to provide one-stop solutions for merchants and consumers.

We provide 100% quality guaranteed products, 7-day after-sales service with no reason to return, and high-quality services such as shopping points and cash back.

Taobao's model is a C2C model, and the items on Taobao are much cheaper than No. 1 store.

Everyone knows that cheap goods are not good.

If the price of such an item is too cheap, it means that there is a problem with its quality.

In fact, many people understand this truth.

This is also the reason why pinxixi rose in later generations.

When buying things on Pinxixi, the prices are extremely cheap, even cheaper than Taobao.

Many people also know when they buy that the quality of the items is definitely not up to standard, but the advantage is that they are cheap.

Who wouldn’t be tempted by buying something worth 500 yuan for 50 yuan?

After all, there are still many people in China who like to buy cheap items.

It’s not that they don’t want to buy genuine products, it’s just that they are cash-strapped!

If you earn a salary of 3,000 yuan a month and buy clothes worth more than 500 yuan, it will be a miracle if you can live a good life.

Don’t talk about clothes costing 500 yuan, you have to think about clothes costing 100 yuan.

The child's tuition fees, tuition fees, and living expenses are all not enough in the end. How can you have money to buy clothes?

This is also the reason why Pin Xixi was able to get up, and in addition, any booster she got was given out for free, which directly made Pin Xixi's market value higher than the electronic dog.

I have to say that Huang Zhan, the boss of Pin Xixi, is still very able to capture people's hearts!

Therefore, even if No. 1 store is booming, Taotao still has room for survival, because the products they sell are cheap, and this is enough.

Regardless of the current booming sales of No. 1 store, when many people know Taotao, Taotao's sales will probably surpass No. 1 store.

Of course, even if Taotao's turnover exceeds that of No. 1 Store, its profits are not as good as others!

That's for sure!

"Since No. 1 store is holding activities, we can't be left behind and also hold a Double Eleven." Ma Yun is still the same Ma Yun.

Since people like this activity, we will do it too.

That's what the Internet is like. Whichever company's concept can attract users, just imitate this concept.

"is this okay?"

Cai Zhongxin was not as shameless as Lao Ma, so he asked hesitantly.

"What's wrong? Don't forget, this kid got started through us." Thinking of this was enough to make him angry.

Without that clothing store, Ma Yun did not believe that Li Dong would rise so quickly.

Even now, this guy's clothing store is still open in Taotao.

Too shameless!

Jack Ma did not close Li Dong's clothing store. He wanted to see how thick-skinned this guy was.

But how did he know that Li Dong had long forgotten that he had clothes in Taotao...

He had already left the small shop to Yan Xiaoxia to take care of.

Pengcheng.

"Mr. Ma, the rise of No. 1 Store is unstoppable!"

A manager looked at where the horse was sitting and reported it.

"I didn't expect that this kid would reach this point in such a short period of time?" Ma Zhen shook his head and smiled bitterly.

He wanted to target others before, but now it seems that the original targeting was a joke!

"How's the electronic dog going?" Ma Zhen was in pain and didn't want to talk about Li Dong. It was like a thorn in his heart.

If he had paid more attention to it, maybe this result would not have been like this!

It can only be said that Penguin Group is too arrogant in the entire Internet industry!

But it's too late to say anything now, the other party has risen, and Li Dong's worth has surpassed him.

Maybe in another month, this guy will become the richest man in the country!

"After our diversion, the current situation of electronic dogs is not bad."

"But Daqiangzi also wants to build a warehouse and follow the routine of No. 1 store!"

"Where did he get so much money?" Ma Zhentong asked with a frown.

In order to build the eight major warehouses, it is no secret how much money Li Dong spent. Everyone in China knows it.

Although electronic dogs are developing well now, they still can’t afford so much money to build warehouses?

Not to mention electronic dogs, not even their Penguin Empire can produce so much cash flow.

Except 3.5, don’t follow Li Dong’s method and get a bank loan.

But this is too risky. Once you lose money, the electronic dog will enter a situation of no return!

The horse hurts so much that I dare not gamble.

So he felt that if he wanted to persuade the strong man, he must think twice before he acts!

Li Dong is a young boy, you are no longer a strong man!

In Ma Zhentong's view, the most appropriate way for the current electronic dog is to develop slowly, looking forward to the day when the No. 1 store makes a mistake.

This is the thought that the horse really hurts.

But the great Qiangzi was not willing to give in.

He had nothing to say after losing to Tao Tao. After all, they developed earlier than him.

And Ma Yun's age and experience are there.

But he was not willing to lose to Li Dong!

This guy is an 18-year-old college student. Is he worse than a college student?

So Da Qiangzi is ready to have a good fight with Li Dong, get loans from banks, and build eight major warehouses...