Their advertising campaigns often cost hundreds of thousands or even millions of yuan, yet the conversion rate is less than 10%.
To attract two million users to download Alipay, the advertising costs could reach tens of millions of yuan!
If we can really attract two million users without paying a single penny, wouldn't that be equivalent to getting two million users for free?
Honestly, I've been using Yeguo Reading to read and follow my favorite books lately. It has easy source switching, multiple reading voice options, and is compatible with both Android and Apple devices. (yeguoyuedu)
They also looked into this university. Although it wasn't particularly famous in Shengjing, it had a very well-known development team in the industry, whose software had hundreds of thousands of daily active users.
What good would it do to waive their fees?
In the end, they still made a lot of money; after all, two million users is a considerable fortune.
Even if the number of users doesn't reach two million in the end, the contract clearly states that City Academy must pay the full amount of the handling fees for the year after one year.
It's a sure-fire way to make money!
However, just in case, Alipay decided to send someone to sign the contract in person.
This shows a lot of sincerity.
Yu Mobai sneered after hearing this, "You've come out on top, but actually I've come out on top even more."
Although it seems like Yu Mobai is helping others get out of the market for nothing, it's actually a good thing for them as well.
After all, he and Alipay are not in the same industry and have no competitive relationship.
If Alipay disagrees, they may have to pay a considerable amount in transaction fees every year.
Therefore, all things considered, this is a win-win situation.
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