Rebirth of the 92 Business Tycoon

Vol 5 Chapter 436: Only Subversion (Jian Ran Tsing Yi Yan Jiu)

One second to remember【】, provide you with wonderful novel reading.

Only a few people, such as Cummins and Randolph, already knew Feng Yiping’s arrangements in advance. At this time, the old gods were there. The others were looking forward to the launch of this soon after the acquisition of Coin Star. Those who are refreshing new initiatives, what arrangements do you have for Netflix.

"I believe everyone should be clear by now that Redbox, a collaboration between Coin Star and McDonald's, is prepared for Netflix," Feng Yiping nodded, "It is true,"

"I'm very happy to have one less competitor, but at the same time I have a powerful boost!"

Many Netflix people suddenly realized that at that time, the company hurriedly intervened in the cooperation between Coinstar and McDonald's. It turned out that Hastings and others might have seen Feng Yiping's purpose.

It turns out that what Feng Yiping said before was not a lie. He was really preparing for Netflix a long time ago.

Even, some people with flexible brains and rich imagination are thinking further at this time, then, take a step forward, why is it possible to cooperate with McDonald’s, such a company that is above the top, in the Redbox cooperation so smoothly, because there is The coin star.

So can it be said that in addition to the potential for development of Coin Star itself, his acquisition of Coin Star is also for the Redbox project, to enter the DVD rental market, and to pave the way for the acquisition of Netflix?

The more they think about it, the more they feel that their inference is correct.

Hey, Feng Yiping's business layout is really a genius level.

His series of acquisitions and cooperation have a clear purpose, but outsiders can't see clearly.

When he bought Coin Star, how many people knew that his ultimate goal was Netflix?

No one can know.

The master game, even if it is a killer that seems to be idle chess, can't stand the speculation and can always be seen through by the opponent.

However, if you are outside the board, who will pay attention?

This is the master level. He seems to have accidentally dropped a child casually, but at this time, the object he wants to target, he will not even realize that such a layout is actually aimed at himself.

Not only that, he also has a team with strong execution ability. You must know that in many cases, there is no shortage of good ideas, but the team that turns this idea into reality.

With clever strategic layout capabilities and a highly capable executive team, how can they not achieve their goals in such a situation? How could it be unsuccessful?

Suddenly, many people looked at the person in the stands with admiration and admiration.

It turns out that in their impression, Feng Yiping's success is just a series of figures, 23 years old, two listed companies, billions of dollars in net worth and so on.

Now, they have some understanding of the business abilities of this young entrepreneurial idol.

In that case, wait a minute, according to Feng Yiping's thinking, how can you be sure that the acquisition of Netflix is ​​his ultimate goal?

Is it possible that the acquisition of Netflix now is just like the acquisition of Coin Star last year, just to serve his ultimate goal?

Feng Yiping has further unraveled the mystery, "However, this is not all we have prepared for Netflix,"

Ma Ling looked at the glorious guy on the stage, with unspeakable pride in her heart. She was proud of her own eyes.

Susan on the other side looked at the brilliance on Ma Ling's face in the audience, but couldn't help being a little bit slanderous. Can you just be as straightforward as you are dealing with girls?

Her misunderstanding was really big, and Feng Yiping was the least blatantly dealing with girls.

"I have to say, that Blockbuster, who disdained what we were doing at the beginning, has learned a lot and is preparing to launch its own DVD rental business. They have a very correct word, niche market."

"From a higher level, the entire DVD rental market, whether it is modern like us or traditional like them, can actually be said to be a niche market, a market where large media groups are too lazy to deploy. ,right?"

This is of course true. Now all companies engaged in DVD rental and sales are actually only serving those film companies, that is, serving those media groups, and their bargaining power is very limited.

"I looked at the company's relevant data. If we develop according to the previous trend, we will in a short period of time, maybe in two or three years, the total number of DVDs we sell will accumulate to a gratifying number of 1 billion. This is of course an amazing number. Achievement, but is that a great success?"

"That was a great success, but it was not our success, it was the success of the upstream media group, it was the success of our downstream postal company like USPS,"

"The larger our business volume, the higher the revenue of film companies and USPS, but what about ourselves? The company finally achieved profitability last year, but it was only less than 7 million US dollars."

This number makes everyone a little bit at ease.

Indeed, most of the money earned by the company goes to film companies and postal companies, and it takes several years to earn one year’s postage costs.

Feng Yiping shook his head, "So, in the long run, this is not the Netflix we want,"

"Where is the way out? I think it's simple, that is subversion,"

"It's just that when Netflix was founded, it was the traditional DVD rental market that was disrupted. Now, we want to disrupt it, not others, but ourselves,"

There was an uproar below.

Some people are excited, isn't every development in the high-tech industry a subversion of themselves?

Some people can hardly conceal their loss. Are they really going to abandon the fruits of their hard work and start from scratch again?

"We are a high-tech Internet company, and our way of subversion is naturally inseparable from Internet technology. When we single-mindedly focused on Blockbuster and targeted Wal-Mart, everyone might not have noticed that since the beginning of the Internet bubble So far, in these short two or three years, Internet technology has made another leap."

"It's no longer a time to download a movie from the Internet, which takes dozens of hours and costs more than $10 in broadband charges. This is our new opportunity."

"Yes, you are right," Feng Yiping said, looking at some of the employees who were already in a daze, "streaming media and instant on-demand are the new directions we should focus on."

"Boom," there was a lot of discussion below.

The most direct benefit from this is the saving of high postage costs, the investment in building more and more distribution centers, and the financial expenditure of the workers that need to be hired.

The most important thing is that this can obviously provide subscribers with faster service. The "unlimited" movie watching that the company has been advocating is finally possible.

"What I want to tell everyone here is that we have fully prepared a video website, and this is the sharpest weapon we have prepared for Netflix."

"We have been preparing for this website for a long time. We have not only developed a first-class player, but also produced a large number of popular videos that can attract the attention and favorite of a large number of Internet users."

"With this platform, we can stream our videos to the subscriber's terminal quickly and conveniently with the help of the screening of our company's core recommendation engine,"

"More importantly, with this website, we will attract more users to become our subscribers,"

"So ~www.wuxiaspot.com~Blockbuster, even if your online rental is online, Wal-Mart, your follow suit can invest more resources, we don't care," Feng Yiping waved his hand fiercely.

"With this website and our core technology, we will be the pioneers of a new model again, let them chase after it,"

"Wow," those who were happy just now have become very excited, those who were a little lost just now have become very happy, and the warm applause is a manifestation of their mood at this time.

"So, the merger is not over. Soon, we at Netflix will acquire the world's first video site,"

"We will return to the original meaning of the name Netflix," the net in Netflix, originally meant the network, "not just a DVD rental company,"

Feng Yiping followed up and said something, but no one could hear what he said just now, cheers and applause drowned everything.

Yes, this is the original intention of everyone who founded Netflix, so this kind of subversion is actually a return. (To be continued.) Mobile phone users, please browse and read for a better reading experience.

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