"Everyone, once we get through this, Lashou.com will provide subsidies and we'll naturally revert these changes. Don't worry."
After Chen Lei finished speaking, there was no sound in the video conference.
"Then let's continue the meeting."
Secondly, Tencent Big Data has a "Guess You Like" channel, which is used to attract merchants and conduct bidding for ranking. The more money you pay, the more times your content is shown to consumers.
Finally, the collected money is transferred to Lashou.com's account.
"Ah, Mr. Chen, this..."
The people in the meeting were in an uproar again. Why did it feel like Chen Lei was going to run away with the money?
Chen Lei explained, "Don't worry, everyone. This was said by President Ma himself. Currently, all the group's resources are being used to develop new games. President Ma asked me to use Tencent's big data to make money and revive Lashou.com."
"Mr. Chen, since it was Mr. Ma who said it, we will definitely cooperate with you in the best of our ability."
Thank you everyone!
After the video conference ended, Chen Lei breathed a long sigh of relief.
Now we'll see how this method works; it's the fastest way I can think of to save their lives.
It has to be said that Chen Lei is indeed quite capable.
After TX's big data update, Lashou.com saw a significant increase in orders, and its market share gradually stabilized despite the relentless competition from Taobao's group buying platform.
"Huh? It's working!"
In the office, Chen Lei and Ma Ming were waiting to see the latest report. When they discovered that Lashou.com's market share had finally stopped declining, they jumped up with joy.
Chen Lei thought to himself, "Great! Since the first step is effective, making money in the second step should be even less of a problem."
He was right. The big merchants on Taobao were not short of money at all. When they learned that Tencent was going to launch an auction mode, they all called Tencent's big data department to inquire about the situation.
Chen Lei was just about to suggest sending them the price list so they could choose for themselves.
These nouveau riche are truly outrageously extravagant. They didn't even look at the menu and just said, "Give me the most expensive one!"
Chen Lei really wanted to shout, "Boss, you're so generous! I wish you good food and drink, and good health!"
It's a pity it was over the phone, there wasn't the right atmosphere. If this were a live stream, Chen Lei would definitely have showered these bosses with virtual rockets.
The only pity is that I don't know what brands these big merchants sell, I've never heard of them before.
Oh well, whatever. If I have to pay for advertising, then I'm the boss. Anyway, it's women's clothing, and I'm not going to buy it myself. At most, I'll buy some stockings to keep at home, right? Cough cough.
So, in just a few days, Chen Lei had money!
Chen Lei instructed Ma Ming to convene a meeting with all senior executives.
In the conference room, Chen Lei smiled broadly, like a blooming chrysanthemum.
"Haha, colleagues, I've found a solution for the subsidies. They'll be deposited into our accounts soon."
Everyone was incredibly shocked—so fast!
"President Chen is awesome!"
Ma Ming took the lead in shouting a slogan and then clapping.
Soon, enthusiastic applause filled the conference room.
Honestly, if there were subsidies, why would they be afraid of Taobao group buying? Outsiders might not know, but they certainly do. Isn't Taobao group buying just a reskinned version of Koubei.com?
Back then, Lashou.com never took such a small website seriously.
Koubei.com is a mere junior compared to Lashou.com.
Who would have thought that a tiger fallen into the plains would be bullied by dogs? He put on a disguise and started acting like a big bad wolf.
Hmph, now we're rich too. When it comes to burning money, Lashou.com is the original.
The advertising fees from TX Big Data were quickly transferred to Lashou.com's account.
Upon seeing such a large sum of money deposited into the account, the CFO excitedly rushed out of his office and shouted something to the staff area.
"Good news, good news! We have money now! The imperial court's disaster relief funds have arrived."
Subsequently, Lashou.com immediately poured all the money it had barely collected into its cash-burning war.
At first, Taobao Group Buying didn't notice, but gradually, the operations director of Taobao Group Buying looked at the daily report data and found that their market share was decreasing little by little in the past few days. Although it was very slow, it was really decreasing, and it was even a straight line on the curve.
No, we need to report this to Boss Ma immediately.
So, the operations director of Taobao Group Buying went to Jack Ma's office and told him about his discovery.
Jack Ma frowned as he looked at the almost perfectly horizontal curve. Fortunately, the operations director was quite diligent and responsible; otherwise, he wouldn't have been able to see the changes in the data over the past few days.
"Yes, that's good. Alibaba needs talent like you."
"Thank you for the compliment, Mr. Ma. So, what should we do next?"
"Let me find out what's going on. I remember Tencent didn't give any subsidies to Lashou.com, so where did the subsidy money for Lashou.com come from?"
After two days of inquiries, Jack Ma finally understood that Tencent Big Data had started making a fortune, which was why it had the money to subsidize Lashou.com.
However, Jack Ma is well aware that this approach is actually a short-sighted one, sacrificing Tencent Big Data's reputation to make quick money.
It has to be said that this is currently the only way to save Lashou.com. The newly appointed guy named Chen Lei is quite interesting.
Now that we know the reason, the solution is quite simple.
Jack Ma called over the Taobao group-buying operations director.
"We'll increase all subsidies for Taobao group buying by 20%, see if Lashou.com will follow suit?"
"Okay, Mr. Ma."
Soon after, Taobao Group Buying issued an announcement informing all consumers and merchants that Taobao Group Buying would soon increase its subsidies by 20%.
Merchants and consumers alike eagerly awaited this news.
Upon hearing this, Chen Lei immediately became furious. He had been very careful, trying to target fewer merchants each day to minimize data fluctuations. By the time the other party discovered this, Lashou.com might have already established itself.
After all, Lashou.com doesn't have much money. To put it bluntly, it still relies on Tencent's big data to support it.
Unexpectedly, Taobao's big data reacted so quickly. It's only been a few days, how did it get discovered? Jack Ma's move of adding subsidies directly hit Lashou.com's Achilles' heel.
Chen Lei was so worried that he almost lost all his hair. He suddenly realized that it was no wonder so many big shots liked to shave their heads. It turned out that the pressure of being a big shot was really great, and there were so many things to do that it could make people go bald.
Shaking his head, Chen Lei took out a piece of paper and a pen and started doodling.
He kept muttering to himself while drawing.
"This one is good, this one is so-so, this one is terrible, this one..."
Just before leaving get off work, Chen Lei suddenly stood up: "Finally finished!"
There, a title was clearly written on the paper.
"A Proposal on Differentiating Subsidy Policies for Different Merchants!"
Continue read on readnovelmtl.com
