Chapter 135 Fully Rushing (Seeking First Order)

  The battle of social kings broke out. For such a big event, Facebook naturally held a board of directors.

  Sitting in the meeting room, Old John asked: “How is Facebook going to fight?”

  Kristina has been angry with Xia Jingxing and replied: "We will definitely try our best to defend the ranking of Alexa's ranking of social networking sites.

   is mainly divided into three tasks: accelerating the occupation and coverage of American colleges and universities; researching and developing the high school version of Facebook; researching and developing the social function of pictures;

  In addition, a survey of the university market in Britain, Canada, Australia, New Zealand, and Mexico is also underway, preparing for the next step of international expansion.

  The occupation and coverage of American colleges and universities, in addition to continuing the previous T-shirt marketing, we also launched other peripheral products such as stationery, hats, and umbrellas.

  Our goal is simple, to fill the campus with elements of Facebook, so that every American college student knows about Facebook..."

  After finishing the first main task, Christina gave a detailed explanation of the preparations for the high school version of Facebook, the picture social function, the expected goals, etc.

  After listening, Andrew smiled and glanced at Xia Jingxing, "No wonder I have such confidence, it turns out that the preparations have already been done."

   "That must be, otherwise, after three months, will I slap myself in the face?"

  Xia Jingxing leaned back on the chair and said with a smile.

   "Still can't be careless."

  Old man John is old after all, and he is also the principal. He is always very calm.

  He went on to say: “Facebook is strategically located in the university, and Diaoyou.com is not idle. They have only obtained 13 million US dollars in investment. They have money in their hands. I am sure that all kinds of publicity and exposure methods will be used.”

  Xia Jingxing nodded, "US$13 million is really not a small amount of money, it can be used for many things.

  But it is not a particularly large number. Looking at our current operating expenses, we can calculate their capital consumption.

  Employee salary, office rent, server lease...

   is only 13 million, not 130 million, and it's not that scary. "

  He looked at the foreign girl, "Kristina, you report the company's income and expenditure in the last two months, as well as the cash reserves on the account."

  The foreign girl nodded, met the gazes of the two investors, picked up the financial statements on the table, and reported them.

  "In July and August, due to the student holidays and excessive sales in the previous period, we sold a total of about 100,000 T-shirts and returned almost one million U.S. dollars in funds;

  Recommended more than 67,000 new users to Amazon and received 2.68 million US dollars in referral fees;

The domain name purchase paid 100,000 US dollars, the new office lease and renovation cost more than 600,000 US dollars, and nearly 30 new employees were recruited to join the company. The monthly salary expenditure increased by more than 100,000 US dollars and new product categories were added. Several more payments were made to Chinese suppliers...

  Also, Dai Lun and Little Dog need to apply for green cards, and the company transfers more than 2 million US dollars out of the country in the form of dividends. The application process has not been completed yet, and the money has not been returned to the company's account..."

  The final inventory is completed, including Xia Jingxing and Little Dog's green card for more than 2 million US dollars, and there are more than 6 million cash reserves on the Facebook account.

  "I just reported it in general. The specific financial report has already been sent to your two mailboxes. You will check it again."

   After Christina finished speaking, Old John nodded and smiled, "Well, boys, the grades are very good, I hope you can keep it up."

  "More than 2 million US dollars of funds will go abroad and re-enter, there will be a certain amount of loss in the middle, and the lawyer fees and application fees involved can only be owed to the company in the name of the individual."

  Speaking of the green card, Xia Jingxing said again.

  Old man John nodded. These things have been communicated in advance, and they are all minor problems.

   Andrew smiled faintly, “Although we did not get financing, the funds on our account are no less than Diaoyou.com.”

  Little dog agreed and nodded, “Yes, in July and August, students are on holiday. Our e-commerce sales and recommending new users to Amazon have been affected to a certain extent.

  Now that students start school, new products are already on the shelves, and income will rise. We estimate that the ideal state is to reach 3 million to 4 million US dollars in revenue a month. "

  Old man John is still very satisfied with the development of the company as a whole, but Dingyou.com is closely following Facebook, which makes him feel uneasy.

   "I heard that Diaoyou.com has more than 1 million users in Asia."

  Xia Jingxing shrugged, “I told you last time that their development focus is likely to be dragged down by Asian users and forced to migrate to Asia.”

  Old man John thought carefully for a while. Xia Jingxing did say this some time ago, but he did not expect it to become reality a little bit.

  "Will internationalization be a drag on them too early?" Old John asked.

  Xia Jingxing patiently explained it to Old Man John again.

  "Asian users, especially Southeast Asian users, have low advertising value, which is limited by the degree of economic development."

  "If they are forced to focus on Asia, then the huge number of users will become a burden and will not generate much revenue."

  "The advertising value of a North American user and a European user is worth ten Southeast Asian users."

  When she said this, Xia Jingxing couldn't help but think of the previous life India blocked China's overseas applications.

  The result is one kill, and tens of millions or hundreds of millions of users are less consuming servers, and the overseas applications directly change from a loss-making state to a profitable state.

  Although in the long run, there are still losses.

  But it can also be seen that where the economy is poor, the value of user advertising is very low.

  After some discussions, the two investors basically had no objections.

  Andrew originally belonged to Buddhism, so he called Xia Jingxing and just watched it.

  Old man John had more questions, but he was basically dismissed.

After opening the board of directors with the two investors, they reached an internal unity and unanimously faced the enemy. Facebook, a small but well-equipped small company, drove its horsepower and ran across the campus, setting off a new round of storms. .

  …………

  …………

  New items on Facebook Amazon.com, stationery, hats, umbrellas...all kinds of gadgets, everything is outrageously cheap!

  Amazon new users register through the designated Facebook link and enjoy the "Facebook & Amazon" spree.

  There are a bunch of cheap gadgets in the big gift bag. They are exquisite and practical at the same time. Students can use them.

  And, all are given for free!

  At the same time, for old Facebook users, there is also an “invite classmates to register for Amazon gift packages”.

  Amazon has developed a small tool in conjunction with Facebook. Users can scan and import friends’ personal information, including email addresses, mobile phone numbers, etc., to know whether the friend is registered with Amazon.

  If you haven't registered, you can "one-click invitation". After clicking the button, the Facebook backend system will help send an email "invite to register for Amazon to win the gift package" to your friends.

   These two event messages were known to millions of students following the scrolling of the news on the homepage of Facebook.

  This can’t be resisted, countless idle college students rushed to tell each other, informing their classmates to squeeze the wool together and win the Facebook spree.

  Under the display of the new tool, it is clear at a glance who are new Amazon users and who are old users.

  In order to tap the potential of Facebook, Amazon also took great pains and provided a lot of technical support.

  Have money, Xia Jingxing naturally has no reason to object.

  Anyway, Facebook currently has no energy to be an e-commerce platform. In a few years, most of these students will become Amazon users.

  The cooperation between Facebook and Amazon just advances the process.

  There are many benefits to Amazon. In the future, these users will make long-term purchases on the platform, and Amazon will be able to extract 15% of the product commission from each store’s product sales, and earn back the money that was originally "buy users".

  For Facebook, it's just a one-time income.

  If you don’t earn it, you won’t be able to earn it if you want to earn it in a few years.

  As for Amazon, with so much student data, it copied a campus social networking site.

  Xia Jingxing must have weighed in.

  Amazon can do this, but it is very bad reputation and goodwill, and partners will not dare to play happily together in the future.

  Even if Amazon does launch a campus social networking site, it may not necessarily do it.

  Firstly, there are not enough past students recommended, less than 10% of the overall user ratio.

  And as Facebook becomes larger and larger, it becomes more difficult for Amazon to replicate a social networking site.

  There are also genetic problems such as Ari doing social networking and Penguin doing e-commerce, which also exist in foreign countries.

  The so-called gene is the problem of user perception.

  When it comes to Amazon, the first thing that comes to mind is the e-commerce platform; when it comes to Google, the first thing that comes to mind is the search website...

  Moreover, Amazon is now engaged in an arms race with eaby, and the world is racing around the world. Basically, they have no energy to engage in social activities, and they do not appreciate this small business.

  (End of this chapter)