Upon hearing this, Wang Xing inwardly scoffed.
I've known you, Lin Chen, for a long time. You're a wicked young man; you can't believe a word you say. You're even trying to make empty promises to me.
So he continued, "President Lin, Ele.me's supermarket model has attracted a lot of attention, and I estimate that many imitators will emerge soon. Instead of letting others drink this soup, we should let Meituan drink it."
Lin Chen thought for a moment and then said.
"Okay, Mr. Wang, you shouldn't get involved in the community group buying market. Instead, you should focus on service group buying."
What is "service group buying"?
"It refers to group buying services offered by various establishments, such as cinemas, foot massage parlors, massage parlors, barbershops, hotels, car washes, and the like."
Upon hearing this, Wang Xing exclaimed, "That's right! This is also an untapped market. We don't go to these places often, unlike eating and drinking, which we need every day."
But because I go there less often, some unscrupulous businesses start to have crooked ideas. It's a common trick to trick you into buying a membership card. And the price before and after buying a card is completely different. For example, the simplest haircut is 99 without a card, but only 39 with a card. The worst part is that they even give you a "punk" haircut.
If you organize group buying, firstly, the price is transparent, and secondly, it allows customers to experience the store's services at a low price. If the service is good, they will naturally sign up for a membership card.
This is also a demand point!
Where there is demand, there will be a market.
It seems Lin Chen's heart isn't completely rotten yet; there's still a chance to salvage it, hehe.
Lin Chen also had his own strategic plans. Meituan is currently a group-buying platform, but once the group-buying war is truly over, it will inevitably transform into a unified lifestyle portal website.
What is a unified lifestyle portal website?
It encompasses all consumption patterns in daily life, including group buying, food delivery, lifestyle services, transportation, and many other aspects.
Group buying is their core business, so there's nothing to worry about.
For food delivery, Eleme can be merged into Meituan.
In the area of local services, community group buying for supermarkets is already underway. Now, Wang Xing is asked to expand further and include service-related services as well.
At that time, you can find everything you want on Meituan, including beauty salons, hair salons, car washes and maintenance, hotel accommodations, foot baths and massages.
As for transportation, Lin Chen is still waiting for the right opportunity.
Actually, Lin Chen knew what Wang Xing meant when he called him.
When Wang Xing saw that Lin Chen had poached Wu Bo, and in his old business of group buying, he felt a little uneasy. Although the company was advertised as a supermarket, Wang Xing knew in his heart that this was actually a group buying business!
As the saying goes, "two tigers cannot share one mountain." Once Meituan eliminates Lashou.com and Taobao Group Buying, who will become the leader of Xingchen Technology's group buying division?
Although Meituan is a large company, Wu Bo was the CEO of Lashou.com, so taking over Meituan was not difficult for him at all.
Moreover, once community group buying grows and stabilizes, Wu Bo's importance in Xingchen Technology's group buying division will become even more self-evident.
That's why Wang Xing made this call – he was telling Lin Chen that what Wu Bo could do, Wang Xing could do too, and could even do better!
But Lin Chen really didn't want to have a horse racing mechanism like Tencent. It was pointless to have internal conflicts within his own company. There were so many profitable sectors, why not go somewhere else?
However, Wang Xing was right. Soon, people started imitating Ele.me's supermarket model.
Besides Shanghai, various new business models such as "XX Supermarket" have emerged in communities in major cities like Beijing, Guangzhou, and Shenzhen.
Upon hearing this, Wu Bo anxiously called Lin Chen.
"President Lin, have you heard? Our business model has been copied by many people. As a result, our market is limited to Shanghai and we can't expand beyond that."
"Mr. Wu, I know you're in a hurry, but please don't rush."
"President Lin, how can I not be anxious? I still hope to make Ele.me Supermarket bigger and stronger, and create new glories."
"Have you forgotten that besides Eleme Supermarket, there's also Eleme Premium Selection?"
"Huh? What do you mean?"
"Do you really think Ele.me's premium selection service is just for supermarkets to buy groceries and eggs?"
"Huh? There's also meat available?"
Lin Chen rolled his eyes: "Preferred, preferred, the answer has already been given to you. It is to select the best. When you were looking for the supply chain, why did I keep telling you to investigate the past records and business reputation of these supply chain merchants? It was to ensure quality and quantity."
"Mr. Lin, are you saying that those who imitate us won't seek out such high-quality suppliers?"
"Of course! How long did it take you to find these merchants? You compared them one by one and visited each one in person. These people who imitate us only learned about our model a couple of days ago, and now they've already opened their shops. They don't have time to find a high-quality supply chain; they just buy whatever they can find at the farmers' market."
"But they still make money this way."
"Let them make money first, let them promote this new model of community group buying for us. When we go over later, we can skip the promotion step and directly beat them in terms of product quality and price."
"Brilliant! Mr. Lin, you're still the best dog... oh no, I mean, you're still the smartest."
Lin Chen's face darkened, and he continued, "President Wu, after you get Ele.me supermarkets in Shanghai on track, continue to look for OEM supply chains for other daily necessities, such as bedding sets, kettles, vacuum cleaners, down jackets, hoodies, and so on. In short, if you don't like someone, just make their products and put them under our own brand."
"Why does it feel like a general store?"
"That's about right. How about we call it Wu Bo's General Store?"
"No, no, no, I don't want to become famous this way. I think we should call it Star Selection."
"Okay, this name is good, let's go with it then."
After hanging up the phone, Wu Bo smiled. Sure enough, it was the right decision to not be a boss and instead follow Lin Chen. In business, no one is without a dirty heart, but someone as dirty-hearted and despicable as Lin Chen is truly rare.
Wang Xing and Wu Bo are both busy with their own projects, just like Meituan is secretly building its own equipment. When they're finished and merged, Tony and Jack will probably be dumbfounded.
At this time, Tony was still struggling to circumvent the technology patent blockade of "Genshin Impact", and Nanshan Pizza Hut felt that its golden brand was about to be lost.
Jack was very happy because the development of "The Legend of Sword and Fairy Mobile" was going very smoothly.
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