Reinventing the Millennium.

Chapter 517

Last year, in 2003, the transaction volume of Taobao was 0.22 million, and that of eBay and EachNet was 2.4 million.

As of September now, if Taobao's eight-month transaction volume exceeds that of eBay and EachNet last year, it will be an increase of almost 9 times.

Considering the increase in competition and the cultivation of the e-commerce market, the transaction volume in the next four months is likely to increase even more.

In this way, Taobao this year may be 15, 16 or even more times than last year.

Zhou Xin is in charge of the sales of medical online medicine. Compared with his own company, he can feel the exaggeration of this increase. Last year's online sales of medicine were 1050 million, and in the eight months of this year it was 8 million. It is expected to break through the whole year 1350 dollars.

He was satisfied with this result.

Because the boss wants to invest in Dangdang, Zhou Xin also deliberately learned about the development speed of Dangdang. The growth rate of this e-book e-commerce company is estimated to be only 40~50%.

But compared with C2C local companies...the development speed is not the same.

"Zhou Xin, if we want to do e-commerce, shouldn't we learn from Taobao's current style of play?"

"Should we focus on the incremental or stock market?"

Fang Zhuo raised two obvious questions.

Zhou Xin silently translated more directly in his heart, the incremental market is the domestic B2C e-commerce market, and the stock market is the pharmaceutical vertical e-commerce market developed by the medical department so far.

Obviously, Mr. Fang disagreed with his proposal to develop B2C business with medical science as the main body.

He thought for a while: "Brother Fang, do you want to start from scratch and create a new brand directly?"

Fang Zhuo stood up, took two steps, handed Zhou Xin a cigarette, walked to the floor-to-ceiling window, and said slowly: "I have said many times that the biggest cost of a company is the cost of decision-making. Clearly, you can’t do it with your head down, otherwise, money alone won’t accomplish anything.”

Having money does not necessarily mean making achievements, and the same is true for having traffic.

It's as if Penguin once personally engaged in e-commerce and established Paipai.com, but it didn't stop in the end.

Zhou Xin wanted to light a cigarette, then put down the lighter, and said flatly, "Brother Fang, the medical science still has some basics. No matter what, the medical science will definitely be able to cooperate."

Although Mr. Fang talked about the increase and the stock, he will certainly not ignore the current things in the medical department. It is a system in itself and can always provide help.

Fang Zhuo turned around and smiled: "Zhou Xin, medicine must be used, but there must be a regulation for how to use it."

He took a puff of cigarette and continued: "Just now I said that I can learn from Taobao's experience, but there is another company that is more suitable to learn from."

Zhou Xin changed his mind and spit out the answer: "Amazon."

Fang Zhuo nodded: "Yes, Amazon, it has developed from the old book e-commerce to the current full category. There are many things to learn from this process, and they are also very good at expanding beyond their original business."

"It started with books, then music, DVD, and then electronics, kitchen utensils and other products."

"The last time I was in Seattle, I heard that they will also provide a Prime membership service, and the ordered product will be delivered to the customer within 2 days."

"Such efficiency will definitely be well received by customers, and it is estimated that Amazon's market will inspire another wave."

Zhou Xin was a little surprised: "I'm afraid this Prime service is a big investment, right? If you want to improve efficiency like this, you will have high requirements for warehousing and logistics."

"So, the existing warehousing of the medical department and the logistics and express delivery of the medical business cooperation can be upgraded and practiced first." Fang Zhuo smiled slightly, "After laying a solid foundation for this part, and then entering the e-commerce, it will go smoothly. "

If the fire does not burn the mountains, the land will not be fertile. First make the land fertile, and then it is easy to sow seeds.

Medical's existing pharmaceutical sales are not suitable as the main body. Although it now has a unique online pharmaceutical sales license, it is destined to not last long.

Moreover, online medicine is a relatively weak demand. It is not like the registration network that saves the time for intermediate transactions, nor does it cut a lot of offline profits like book e-commerce. It is more of a product that depends on the development of e-commerce. .

The purchase frequency of medicine is low, the unit price per customer is low, and the profit is low.

Many users buy only when they need it, and the demand for medicine has a strong timeliness.

Otherwise, if you buy medicine after catching a cold and wait for the courier to deliver it to your door, it is already good, but if your condition is more serious, you must go straight to the pharmacy, and it is impossible to wait for a little bit of cheapness.

Therefore, the development of online medicine must follow the development of e-commerce, instead of making it bigger and stronger with such a weak demand, and then trying to pursue the whole category.

But the existence of the medical department is not without benefits. With the development of the medical department, we can polish the team, upgrade the warehousing, and build our own logistics, so that this foundation can bear more capital investment, and we can borrow chickens to lay eggs, and then hatch a full-scale oriental Amazon-style product. Class e-commerce.

Fang Zhuo wants to use medicine, not from medical e-commerce, but from the mature team trained in this process, and from the basic framework developed after development.

Zhou Xin understood this, pondered for a long time, and asked, "Brother Fang, you said that if you want to build an Amazon here, how much will it cost?"

"A lot of money, worth burning." Fang Zhuo replied briefly.

It is indeed a lot of money. For example, JD.com has burned at least half of the market value of Yike from its development to its listing.

However, this kind of burning money was eventually exchanged for a market value of 1400 billion U.S. dollars, not counting the independent logistics, medicine and other businesses.

Any investor who knows such a result will pour money into it without hesitation.

What's more, promoting the development of B2C with the current wealth and reputation is completely different from that of JD.com at that time, and it will also have greater market goals.

"Well, medicine still needs to be developed." Zhou Xin thought about it and said, "Then when is the right time to enter?"

He already understood Mr. Fang's determination, and besides, according to the development momentum of domestic e-commerce, he must have missed this time and regretted the slap in the face.

"The medical framework takes time, and our main categories also need time. Zhou Xin, this is a heavy burden." Fang Zhuo replied, "Maybe we can try it in the middle of next year."

At the end of this year, Ice Core may be able to engage in risk trial production.

In the first half of next year, Bingxin may be able to replace some of the chip production capacity of domestic TVs.

The impact on Changhong is still in hand. Anhui Province also has a home appliance base that Konka is working on. Both sides are easy to talk about cooperation.

There are more friends who have helped and made last time, so we may not be able to talk about it again.

LCD TV is also a big incremental market. Wouldn’t it be a good match for friends to eat meat and drink soup and face foreign brands that are making a comeback?
When Fang Zhuo planned to inspect the development of Luzhou Ice Core, he called Mr. Ni of Changhong to confirm his position first, and talk about finding upstream chip manufacturers by the way.

With so many preparations, leading all kinds of resources, and doing the preliminary matters first, then it will naturally be like a fish in water.

　The code is a bit slow, one chapter in the afternoon, and continue to code after lunch.

　　
　
(End of this chapter)