Chapter 621 Joy City Reduces Rental Prices



Chapter 621 Joy City Reduces Rental Prices

I set a curfew at 8 o'clock for Feng Nanshu, but I also have to go back at 8 o'clock to keep an eye on her and make sure she doesn't run around.

So, is this access control restricting her or you? Zhou Chao and Ren Ziqiang's mouths twitched, thinking that Brother Jiang is indeed Brother Jiang. Although he doesn't attend classes, he seems to have mastered the Chinese grammar that they don't understand at all.

Jiang Qin took advantage of the time to chat, tidied the bed, and climbed onto it: "Did anything new happen in the school while I was away?"

"Yes, some time ago, the food delivery platform in school seemed to be over, with crazy discounts, and I ate all the food."

Zhou Chao patted his belly and it seemed that the fat he had lost during his junior year had come back.

To be honest, some people are not born to be too thin. After Chaozi gained weight back, he looks better than before.

After listening to this, Ren Ziqiang also reached out his hand: "I eat six meals a day, all delicious, but each meal costs no more than five yuan, it's so delicious."

"This is really new. I don't seem to know anything about it."

Jiang Qin said with a crooked mouth.

College students like Chaozi and Qiangzi eat as much as they can when they see food, but they are not likely to delve into the reasons behind the platform's crazy subsidies.

They felt that they had lost a lot of money during the week that Jiang Qin was away, as they couldn't even order such cheap takeout. However, they didn't expect that this big price reduction on the platform was entirely because he was backing the rich lady.

At this point, Master Cao seemed to come alive and added, "During those days, I spent a lot of money. Every day, lunch and dinner were like a full banquet. Old Jiang, what you ate at the Internet Conference may not be as good as what I ate. If you don't believe me, you can look at my circle of friends."

"I believe it. I do."

"It's a pity that the price has returned to its original price as soon as you came back. It's fate."

Cao Guangyu had the illusion that he had finally defeated Jiang Qin in some way: "If you had come back two days earlier, maybe you could have eaten for free. Qiangzi and Chaozi eat my midnight snacks every day."

Zhou Chao and Ren Ziqiang nodded: "Brother Cao was indeed generous last week."

Jiang Qin leaned against the headboard of the bed: "I don't know what you said. I only know that there was a meal app. I didn't like it, so I targeted it in the college student market. Hungry didn't know the news and mistakenly thought I was targeting it, so it cut prices like crazy. Meal's business started to lose, and I had no choice but to cut prices as well."

"?"

"After a week of price war, the meal time was gone. Hungry didn't realize that I was not targeting it, so it gradually restored the price."

Jiang Qin adjusted his sitting position: "O2O oligarchs like me now speak like lions."

The atmosphere in Room 302 suddenly became silent. There was only a small moth flying around the incandescent lamp on the top of the dormitory. It seemed as if it was the only moving thing in the whole world.

After a while, Chaozi took the basin to wash up. When he passed by Cao Guangyu's bed, he paused and stretched out his finger to feel his breath.

"Alive?"

"Still alive," Chaozi touched his face again, "He's still warm."

Ren Ziqiang breathed a sigh of relief when he heard the voice, thinking to himself it must be my brother Cao. This was equivalent to being hit head-on by a big blow, but he was still alive. He is simply indestructible!

Then he turned sideways, facing the corner, and started talking on the phone with Wang Linlin in a sweet voice.

At this time, Jiang Qin also pulled up the quilt to cover himself, picked up his mobile phone and took a look, and found that the WeChat group of 503 had been chatting to 99+.

There is no useful content in it, just emoticons that fill the screen.

This emoticon package shows a round-headed child sipping milk tea. Gao Wenhui posted it, and Wang Haini also posted it. She also tagged him, as if it was sent to him.

The news about the little rich woman was mixed in among these emoticons, and she looked a little panicked.

[Don’t post this, Wang Haini, you are a bad person]

[Wenhui is also a bad person. I will never give you bonuses again.]

Then she also posted two emoticons, one of a round-faced little girl with a frown, and the other of a pitiful-looking little hamster.

Jiang Qin looked at it for a while but couldn't figure out what was going on.

What's so good about this emoticon? The abnormal people in the dormitory of the little rich woman are simply incomprehensible.

"Feng Nanshu, go to bed early and don't play too late."

"Got it, I'll go to sleep now."

Feng Nanshu sent an emoticon that said "I slept well", and the group gradually became quiet.

The next morning, the sun shone through the window, and when I opened my eyes, it was already bright.

Jiang Qin drove to the group headquarters and convened a meeting with the brands in Linchuan. First, he talked about the completely crazy upgrade plan of the business district 4.0, and second, he asked them to send a manager to Shanghai to participate in the discussion of the Wanshanghui project.

He personally established the strategic cooperation model of the Linchuan business community, and this linkage model of making money together has now become very mature.

Online, group buying is used as a platform to attract user traffic, and offline, Wanzhong is used as a platform to aggregate business district resources.

In addition, the group buying supply chain reduces supply and costs from the point of origin.

The development of the takeout industry has also allowed them to support a large number of small fast food brands in a short period of time. Currently, the business network of group buying + business associations is pervasive.

What an Internet platform relies on is resource integration, while what a physical store needs is sufficient traffic. This was Jiang Qin’s plan two years ago, and it has now become a reality.

The boss of the Linchuan business group has almost become superstitious about Jiang Qin, thinking that he is the human incarnation of the God of Wealth. Maybe one day they will see him holding a coin and shouting "Transformation".

So after hearing the arrangement, the bosses of major brands mobilized their staff, flew to Shanghai, attended Wanshanghui's investment promotion conference, and signed contracts.

For a project that has not yet started and only has a project book, the early investment promotion was declared over in just three days.

At this time, Joy City was still encountering repeated setbacks in the process of attracting investment, which made the Feng Group, from executives to employees, begin to feel uneasy.

Two months ago, the Feng Group just underwent a split, and Qin's Real Estate became completely independent and cut off business dealings with Fengshi Real Estate.

It was also at that time that the Feng Group experienced a wave of large-scale layoffs, and many old employees were laid off.

The employees and executives who were not laid off considered themselves lucky because at least they had kept their jobs.

And according to their experience, once a company has laid off employees, there will not be such a large-scale layoff for at least three to five years.

But the reality is not optimistic.

Hurricane Investment suffered consecutive investment failures, and Feng Real Estate's "Joy City" project investment promotion was hindered.

If this continues, another round of layoffs is not out of the question in order to reduce costs and increase efficiency.

The board of directors is also somewhat worried about Feng’s current development status.

"Joyful City is a new brand after all, so it's normal that it's not going well in attracting investment. After all, when Qin Jingqiu was in office, all commercial real estate projects were carried out under the name of Qin's Real Estate. Although we are an old company, we now need to regain brand influence."

Feng Shirong stood in front of the French window, with a large group of company executives sitting behind him: "When building a shopping mall, location is the most important thing, and our location is better than Wanzhong Mall."

Huang Weitao, director of the real estate business group, nodded: "This is not bad."

"So we have an advantage, but since we don't have enough ability to attract investment, let's give a two-year rent discount so we can build up the Joy City brand first."

In the current commercial complex industry, Wanda is the best at branding, while Wanzhong is the best at attracting investment.

If Joy City wants to get a share of the cake, it has to cut its own meat first.

They have a good location and large traffic flow. As long as they offer rent discounts for two years and promote investment, make the first mall prosperous and establish brand value, merchants will naturally flock to the second and third Joy Cities.

To put it simply, they want to use the first [Joy City] as a model.

"We have invested a large amount of money in this project, and we have to ask for preferential rent, which is a big burden for the company."

"But this is the most appropriate solution at present. If we hesitate at this step, it will be difficult to proceed with subsequent work."

"Okay, Mr. Feng, I'll arrange for the investment promotion department to do it."

After Joy City’s rental discount plan was introduced, it did attract a large number of brands to discuss cooperation.

Just as Feng Shirong said, Joy City has a good location and a large amount of traffic around it. After the rent became cheaper, it is indeed attractive enough, and the investment promotion work has gradually become smoother.

However, the concerns among executives and employees have not diminished.

The Joy City project has a slow recovery rate, and even with the rent discount, Feng's company still does not have enough profitability.

Although the layoff plan has saved the group a lot of cash flow, under this operating model with weak profits but huge investments, they don’t know what will happen in the future.

As a result, more and more private discussions began to arise, and many people missed the time when Qin Jingqiu was around.

Voices like "If it was Mr. Qin here..." were mentioned repeatedly during this special period.

Feng Shirong could hear it occasionally, but when he heard it he could only pretend that he didn't hear it.

After he returned to China, he failed to make the Feng family prosper in a short period of time. Compared with the period when Qin Jingqiu was in power, there was indeed a kind of sluggish situation. This is an indisputable fact.

In particular, his two mistakes in investing in the Internet industry also reduced his prestige.

But he felt that this was only temporary, and the Joy City project would definitely bring the Feng Group to its peak.

Feng Shirong put his hands in his pockets and looked at the bustling Shanghai outside the floor-to-ceiling window. He pursed his lips and thought of his daughter and her boyfriend at this moment.

During this period, he read a lot of information about Jiang Qin and understood the cooperation model of the Linchuan business group. He knew that his son-in-law, whom he had never met, was not only engaged in Internet platform.

In his industrial chain, those dazzling brands are enough to support the traffic required by a commercial complex.

When he thought of this, Feng Shirong fell into a long silence.

(End of this chapter)

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