family circle of friends

Chapter 111 Second Entrepreneurship
Hongyuan International Building.

It's the annual business report meeting again, but compared with last year, this year is much more exciting.

Especially Wei Yuchang, who finally felt proud.

Only half a year after the establishment of Xincheng Micro-credit, the profit has exceeded 15 billion, and the cumulative number of borrowers has reached 20, and this number is still growing.

Of course, there are many bad debts in it, and the money borrowed cannot be recovered, especially when Yuxuan set up a scheme some time ago, Xincheng Micro-credit suffered heavy losses.

However, due to the existence of high interest, these bad debts are completely covered, and the company still makes money!

Next was Yulang. After talking for half a year, the Ministry of Finance finally acquired the shares of Beichuan Airlines and became its largest shareholder. As soon as the news was released, Hongyuan International's stock price rose slightly.

As for other investments, they are also very profitable, which can be regarded as a bumper year!

"...We just released the fourth-generation Demon King mobile phone, and the sales in the first month exceeded 22.5 million. This year, Pingjiang Technology's total sales are 8.7 billion yuan, and the net profit is 2.7 million yuan, an increase of about [-] times compared to last year!" Yuxuan said .

……

At the end of the meeting, everyone got up and left.

Wei Yuchang walked up to Yuxuan and asked, "How much is E-Go Mall's revenue this year?"

"The net profit is 43 billion!" Yuxuan laughed.

"I will surpass you next year!" Wei Yuchang called out.

Yuxuan shrugged.

After leaving the conference room, Yuxuan called Yulang to stop: "Let's have dinner together later!"

"Is something wrong?"

"I thought of a project a few days ago, and I want to talk to you!"

Yulang looked surprised: "Could it be another e-buy mall?"

"small case!"

Yu Xuan hugged his shoulders and said with a smile, "Go, I'll take you to meet my partner!"

Jinglan Hotel.

In a large box, Yu Lang met Gu Ningjiu.

Although he doesn't know much about the Gu family, as an old family in Donghai City, it has a profound heritage and cannot be underestimated by anyone.

After the introduction, the three sat down and chatted while eating.

Yuxuan talked about the idea of ​​Yi Toutiao APP, which is actually a replica of 'Qu Toutiao'.

"When you find a large enough market, you should quickly acquire users by spending money quickly, occupy the market, and establish industry barriers!"

How to throw money?
One is to register to get red envelopes, the second is to earn cash by reading, and the third is to invite friends to get red envelopes,

On this basis, there are corresponding gold coin rewards for APP sign-in, answering questions, publishing articles, etc., so as to drive users to read.

Yu Lang was stunned, and Gu Ningjiu asked directly: "Shall we give them money? Then they won't be compensated to death!"

"Stupid! With users and traffic, are you afraid you won't be able to make money?"

"You want to introduce advertisements?" Yulang asked.

"YES!"

Yuxuan said with a smile: "We subsidize users with low prices, and after attracting traffic, resell them to advertisers to earn the difference!"

"Can you still play like this?" Gu Ningjiu was shocked.

In the past, people who wrote articles made money, but he wants to do the opposite and send money to users. This idea is really strange.

"It doesn't take much to make money while watching the news. I believe many people will join in. In fact, not only information, but short videos, live broadcasts, games, novels, shopping malls, etc., can be added. As long as users are interested, we Promote it all!"

Yuxuan said: "Xiao Jiu, I'll leave the content to you. This is the old line of your Gu family. Is it okay?"

"Don't worry, boss, our family will catch a lot of content editors like this!" Gu Ningjiu said.

"You don't need a lot of start-up capital. I roughly calculated that [-] million is enough. Cousin, are you interested in joining?"

"Of course!"

The three quickly reached a cooperation and signed an investment contract two days later.

As soon as the money arrived, Gu Ningjiu immediately recruited people from his own company, and quickly formed various content editing departments, while Yuxuan led the technical department staff of E-buy Mall to write software together.

In terms of equity, Yuxuan accounted for 50%, Gu Ningjiu accounted for 30%, and Hongyuan Financial accounted for 20%.

The company was established in Donghai High-tech Pioneering Park, not far from Guanhai Science and Technology Park, 15 minutes by taxi.

When everything is ready, it will be spring.

Yitoutiao APP is officially released in major software stores.

In terms of publicity, Yuxuan is still looking for Shengshi Advertisement, which mainly promotes online, and at the same time, Tesco Mall will provide support.

When people open the mall, the advertisement immediately appears.

"Read the news, earn pocket money, and millions of gold coins are waiting for you!"

As a shopping software with more than [-] million live users in a month, the publicity can be imagined, and many people have checked it.

Watching the news can make money, this model is very novel to everyone.

This also caught the attention of the reporters. After investigation, they found that its founder was indeed Shang Yuxuan.

As a result, major newspapers reported one after another, and the news of [Master Shang's second venture] became popular!

Maybe even Yuxuan himself doesn't know how well-known he is on the Internet!

Simply put, comparable to a first-line star!
After all, rich people don't necessarily look handsome, and being handsome doesn't necessarily mean they have skills.

But Master Shang has gathered these three points, it is almost as rare as a giant panda.

Under this wave of unexpected publicity, the number of downloads of the Yitoutiao app has soared rapidly. In just one week, the number of registered users reached 10.

And its business model has also aroused heated discussions.

In the almost saturated market of information APP, users are driven to read through gold coins, and huge traffic is obtained, which is then used to attract advertisers and form a complete business model.

Some people appreciate it, others scoff.

But in any case, this is undoubtedly a brand new business model created by Young Master Shang after he broke the tradition after haggling with his friends for group discounts.

It's hard to say what the future will be like now!
　Alas, tomorrow is still...

　　
　
(End of this chapter)