Lin Chen's eyes turned red.
"You didn't take me with you again!"
Zhang Yiming said awkwardly.
"Boss, you've taken four wives with you. Can your body handle it? Look at you, so young, and you're already drinking goji berry tea."
Lin Chen glanced at the goji berries in his thermos.
"Ahem, don't talk nonsense. I was just giving them a ride home on my way."
"I understand, I understand, I understand everything."
"You don't know anything." Lin Chen rolled his eyes, took out the familiar little notebook from the drawer, and wrote down Zhang Yiming's name again.
Zhang Yiming glanced at it and saw his name densely written on the notebook, and his lips twitched.
"Boss, please have mercy! You've almost deducted all of my salary."
"Old Zhang, what's the big deal if your salary is all deducted? I'll teach you a way."
"What method?"
"If you can win over Wu Manni, you'll have money again, right? You'll get both her and your wealth. Doesn't that make you happy?"
"Hehehe..."
"Stop, stop, stop laughing so lewdly, okay? Alright, we're getting off topic. Let's get back to business. Have you found a supplier for the live-streaming e-commerce platform yet?"
"We've already found suppliers. Huang Zheng and Wu Bo organized a team to review them. They're definitely good value for money and reliable quality."
"Well, besides the female streamers, game streamers and outdoor streamers can also be involved in live-streaming e-commerce. For example, selling snacks, peripherals like keyboards and mice. We'll call over the top streamers to train them first."
"Yes, okay. We've tried it out before, and the streamers are very enthusiastic. It's just that we didn't have such good conditions before. The current model is already very mature. We even went to your hometown, boss, and found some factories to cooperate with. We can give you a picture in the morning and have the product made in the afternoon."
"Wow? That's impressive! It really is the world's capital of small commodities. Since everything is ready, let's test it out on Panda TV and Pinduoduo first."
“Okay, that’s what we’re planning too. Panda TV has a natural advantage in live streaming, and Pinduoduo has a natural advantage in selling goods. They are also the two competitors that users are most likely to accept.”
"That's right, after we finish testing these two apps, the next one will be TikTok!"
"Okay, boss. I'll go prepare now."
After Zhang Yiming left, Lin Chen turned to look at the scenery outside the window. Standing in his office in the new building, he could see the Huangpu River in the distance.
November is just around the corner, and this year's Double Eleven shopping festival will shock everyone with Xingchen Technology's online shopping model. This brand-new, fragmented sales model, coupled with its supporting industrial chain, makes us wonder if Taobao can withstand it this time.
"Ding-ling-ling..."
Lin Chen's phone rang.
"Hey, Brother Lin, you're renting so many of JD.com's logistics trucks and warehouses for Singles' Day? What are you planning to do with them? Could you give me a hand?"
"Dong-ge, it might be a bit too late this time. I've already set everything up, and this is my first time doing this, so I don't know if it will work. How about this, if it works well, we can do it together again on Double Twelve or New Year's Day."
"Okay, I'll remember that."
"Don't worry, we're so close, when have I ever cheated you?"
Liu Qiangdong's lips twitched. The past was too painful to recall. Forget it, you're more capable now, everything you said is correct.
Lin Chen's live-streaming e-commerce this time is a bit different from his previous ones.
The previous model required livestreamers to find their own sources of goods, or merchants would bring their own goods to the livestreamers to promote.
This actually carries the risk of product quality issues, and most importantly, there is the risk of moral hazard.
Customers who buy goods through live streaming don't actually know the quality of the product they're buying; they can't see or touch it, so they rely entirely on their trust in the streamer.
Of course, this is also a sales skill, which is perfectly understandable.
The problem is that there are always some ill-intentioned people who will do despicable things in this process.
For example, passing off inferior goods as superior ones.
For example, false advertising.
For example, colluding with merchants to falsely claim the lowest price online to deceive consumers.
Therefore, this time, Lin Chen even took control of the supply of goods.
Pinduoduo and Meituan Youpin jointly vetted reliable manufacturers that offer high-quality products at reasonable prices, and established the Panda Live Streaming E-commerce Platform Supply Center.
This sourcing center currently includes hundreds of product categories, and each category contains hundreds or thousands of products at various price points, from various manufacturers, and in various styles.
The livestreamers only need to select products on this platform and then negotiate prices with merchants online, so the final purchase price of the products will not be known to other competitors.
Then, the merchant sends the goods to the streamer, who can also choose to store the goods in the warehouse of the Panda TV live-streaming e-commerce platform, and the platform warehouse will handle the drop shipping.
Although this is a paid service, the streamer still needs to rent a warehouse to store the goods and find a courier to ship them, so it depends on the streamer's personal choice.
If there are quality issues with the products, Panda TV's live-streaming e-commerce platform will also hold the manufacturers accountable to protect consumers' rights.
This greatly lowers the barrier to entry for live-streaming e-commerce. In short, as long as you want to do live-streaming e-commerce, Panda Live-streaming e-commerce platform can help you complete all the preliminary preparations.
When an industry has a large enough base, consumers have more choices, and with comparisons available, the risk of being scammed is correspondingly reduced.
Why was Panda TV's live-streaming e-commerce platform separated from the Panda TV live-streaming platform?
That's because, on the Panda TV platform, the live streamer's signal source can be not only Panda TV or Pinduoduo, but in the future, it may also be seen on Douyin, Huasuan.com, Mixin, and even mobile games.
A few days later, Pinduoduo quietly launched a new feature that allows users to enable a live streaming window on the product details page.
Pinduoduo, as a rising star in the online shopping industry, is watched by many people every day, including its competitors.
At first, no one understood what this meant.
I'm already here to buy something, do I really need someone to explain things to me? Can't I just look at the pictures and text on the product details page myself?
Therefore, many people feel that Pinduoduo's new feature is unnecessary.
Jack Ma thinks so too.
"Tch, I really don't know what Lin Chen is thinking. He even researches this kind of function. Who has nothing better to do than watch live streams every day? Besides, it's all clearly written on the product details page. Why would he need to call the streamer over? Just to read it aloud?"
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