Chapter 267: Regretting Creating Group-Buy!
by xennovel“To be honest, the most mistaken decision I’ve made is creating group-buy.”
“?????”
Under the soft light and in front of the camera, Jiang Qin looked melancholy.
As his words fell, the scene turned silent only a strong pungent smell kept wafting in the classroom.
Min Rou sitting opposite Jiang Qin was stunned in 2009 there was no word for showing off she didn’t know how to express her feelings but just had an urge to spit.
“Why was creating group-buy a mistaken decision?”
“Because group-buy is a pure O2O platform the business model relies too much on online but the payment method can’t break away from offline which means it’s an innately flawed product I pushed it forcefully but can’t make it break through the payment bottleneck.”
Min Rou held the microphone and blanked for a moment: “Then Student Jiang what do you think a successful product looks like?”
“Of course it’s the Zhihu I founded this is my greatest work it has no bottlenecks no restrictions so our plan for the second half of the year is to promote Zhihu nationwide let every college student experience the joy of free exchange!”
“You mean the future of the internet belongs to social interaction?”
“Yes based on my prediction social is the future of the entire internet economy group-buying is a dead end compared to e-commerce group-buy has no logistics channels can’t achieve cash on delivery compared to social it can’t achieve paid content its only use is actually to stimulate consumption while providing users with high-quality service as for making money it really doesn’t make money.”
Min Rou opened her mouth: “Then since it’s like this why did Student Jiang create group-buy in the first place?”
Jiang Qin pursed the corner of his mouth: “Because running a forum also has costs so I created group-buy as a monetization tool to raise promotion funds for the forum who knew it can’t make money only bring the best consumer experience to consumers how annoying.”
“Ah this…” Min Rou didn’t quite know how to ask.
Jiang Qin suddenly adjusted his sitting posture: “Were you just asking if I regret founding group-buy?”
“Ah?”
“Yes actually I do regret it a bit after all those doing business hope to make money but Linchuan University cultivated my spirit of dedication to serve others before myself the dean and professors always teach me as an entrepreneur I should take on the social responsibilities I should bear.”
Jiang Qin pursed his lips: “Although group-buy doesn’t make money has no future it really doesn’t make money and really has no future but I think since it can activate Linchuan’s economy promote consumption upgrades stimulate market reforms then its existence is meaningful I will still run it well to serve Linchuan merchants to serve Linchuan consumers this is also a credit endorsement for my company.”
The reporter from Financial Eyes suddenly said: “Student Jiang can I understand it this way the promotion of group-buy is about to end?”
“Yes this track is too narrow not suitable for investing too much energy once the citywide promotion ends we will pause promotion and shift our work focus to promoting Zhihu in the second half of this year I will take Zhihu to the Internet Summit welcome bigshots from all circles to invest.”
“Will this decision impact group-buy’s partner merchants and consumers accustomed to group-buy?”
Jiang Qin immediately waved his hand: “No group-buy is a regional platform what we can do is provide exposure for high-quality merchants shorten selection time for consumers suspending nationwide promotion won’t affect local business in Linchuan on the contrary we will continue optimizing our business structure to let Linchuan users use it comfortably buy with ease.”
“…”
Yao Junjie watched with arms crossed for a while suddenly noticing Chu Siqi staring intently he couldn’t help but say: “This person is showing off a bit too much what do you think schoolmate?”
Chu Siqi pursed her lips: “Don’t know.”
“Actually doing business is not at all like what he says this person only has half-baked knowledge many things are not said to the point makes people feel he’s cramming a bit I even suspect the boss behind group-buy is actually not him.”
“Senior don’t talk their sound recorders are very sensitive.”
Yao Junjie pouted and crossed his arms shutting up.
For the next hour plus Jiang Qin kept bragging about how awesome Zhihu was kept lamenting group-buy doesn’t make money.
Switching to another pretty reporter to ask no matter the question it always came back to “group-buy is trash Zhihu is number one”.
Moreover Jiang Qin also made predictions to the Financial Eyes reporter about future industries the wave of the internet is coming all industries face upgrades and reforms the most stable industry is doing social everyone come do social definitely make loads of money!
Jiang Qin had a dragon-king smile he had even thought of headlines for them.
[Regret Founding Group-buy, Jiang Qin Directly States Group-buying Doesn’t Make Money!]
[Jiang Qin: Although Group-buy Can’t Be Profitable, Will Still Provide High-quality Service to Linchuan Consumers]
[Group-buy Willing to Join Hands with Linchuan City Government to Stimulate Market Economy, Accelerate Industry Upgrades]
[Group-buy Promotion Nearing End, Jiang Qin to Put All Energy into Building College Social Forum]
[Teen College Student Predicts Internet Economy, All Industries Face Reshuffle, Social Field is Biggest Opportunity]
These fake words mixed with real words real words laced with fake words once such news is published it will produce nothing more than those few results.
Those who don’t know will see it and think he’s really a conscientious entrepreneur in the future must support group-buy more he doesn’t even make money and still serves us I’m simply moved to tears.
The second result is knowledgeable people seeing it thinking this nineteen-year-old idiot is simply talking nonsense pretending to know turns out to just be a mediocre person a bit luckier than average.
Then there are those half-knowledgeable people who see it and start paying attention to Zhihu’s movements.
Anyway no matter the result it can all buy group-buy some time difference and will also have a certain impact on Zhihu’s subsequent promotion.
Keeping a low profile praising the school coaxing consumers Zhihu pushed out pledging loyalty to the government with these effects what more to ask for.
“President Jiang use one word to describe yourself give us a concluding remark.”
At this time the interview was nearing its end the lifestyle program host handed the microphone to Jiang Qin’s mouth.
“One word?”
“Yes it can be an object or a word both are fine.”
Jiang Qin frowned and thought for a while finally relaxing his brows: “I think using steel wool ball to describe me is probably more appropriate.”
The lifestyle program reporter blanked for a moment: “Is President Jiang saying he’s very tough undaunted by hardships but at the same time full of resilience able to bend and stretch?”
“Yes you’re right.”
Jiang Qin nodded with a smile thinking you probably don’t know the flower language of steel wool ball is forbearance and prosperity.
At the same time on the periphery of the interview site Gu Chunlei Chu Siqi Wang Huiru and Si Huiying all stared intently at Jiang Qin in the center their hearts slightly numb.
They couldn’t understand what Jiang Qin was saying only felt it was very professional very profound as if understanding it meant getting rich.
This kind of contrast was really too great.
Let’s not even talk about freshmen and sophomores even the junior and senior boys placed in front of Jiang Qin seemed like children.
He seemed to possess a kind of true maturity facing so many reporters so many cameras ordinary people would have long been flustered but Jiang Qin could still chat and laugh breezily.
It was precisely because of this transcendent maturity and steadiness that Jiang Qin’s smile in this star-studded scene appeared very charming.
Director Gu had recently been watching Korean dramas brainwashed by all kinds of domineering CEOs seeing Jiang Qin in a suit sitting on the sofa she actually had the urge to raise her voice and call him oppa.
“Too weird…”
Gu Chunlei hurriedly drank some water to calm herself but discovered Chu Siqi was also staring at Jiang Qin in a daze her expression couldn’t help but freeze: “Siqi this should be your second time seeing Jiang Qin right last time when Youth Daily came to interview him you also went along?”
“Yes director.” Chu Siqi nodded.
“How is it do you like this type? If you do I’ll matchmake for you.”
Hearing this Chu Siqi was stunned a hint of desolation flashing in her eyes: “Director what are you joking about he looks down on me.”
“?”
Director Gu blanked after a long while she reacted it wasn’t that she didn’t like him but felt Jiang Qin looked down on her this made her feel very curious.
She of course knew very well the personality of the leading lady she had cultivated.
Usually so many handsome rich guys chased after her but she looked down on all of them her words and actions had an arrogant feeling even a bit conceited but once mentioning Jiang Qin she became inferior?
“You are Linchuan University’s top campus belle he is Linchuan University’s entrepreneurship star obviously very well-matched.”
Yao Junjie immediately coughed: “Director Gu Schoolmate Chu looks down on him so rejected in a tactful way you old folks don’t ask anymore.”
Gu Chunlei glanced at him: “His net worth should be a few million now definitely matches Siqi’s looks.”
“Is a few million even money? My family still has a mine with me a precious jade here how could the schoolmate settle for second best.”
Hearing their conversation Chu Siqi’s eyes suddenly turned red: “Director actually Jiang Qin and I were high school classmates I had feelings for him since long ago but he doesn’t like me.”
“…”
“Ah?????”
As her words fell Gu Chunlei widened her eyes she really didn’t expect there was still such a relationship.
She still thought she misunderstood how could Chu Siqi be inferior but never imagined the situation was far more ridiculous than she thought.
Had Jiang Qin’s charm already reached this level? So many people chased Chu Siqi breathlessly but Chu Siqi liked him and he even rejected her?