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Chapter 205 - Chapter 205: A New Business Service
Chapter 205 - Chapter 205: A New Business Service
Chapter 205: A New Business Service
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Translator: EndlessFantasy Translation Editor: EndlessFantasy Translation
Listening to Mi Jin’s concerns, Yin Xun did not seem anxious at all. She lowered her head and pondered for a moment before slowly saying, “This question is very simple. We’ve been burning money from the beginning. Looking at Si Fan’s reaction now, he has the same plan. Since that’s the case, we’ll continue to increase the discounts and simplify the procedure of obtaining coupons.”
Yin Xun’s idea scared Mi Jin. Their discount was already big enough. If it was increased any further, it would be very disadvantageous to Xintao.
It would be fine if they won in the end, but if they lost, Yin Xun’s life would be over. Even if Yin Xun had Fang Yao’s financial support, it was not foolproof.
Mi Jin said awkwardly, “Why don’t we get the media to expose them? Even if it’s not very effective, it can still affect Blue Fox to a certain extent. It’s safer than us increasing the discount.”
“If the Internet was fully developed, your method would be very useful. Unfortunately, the Internet is not developed now, and the media’s influence is not that great.” Yin Xun said, “Don’t worry, I know what to do with this matter. I won’t do anything rash. Also, now is the period of rapid development of mobile phones. In the future, it will soon enter the era of data and telecommunication. We have to make some preparations before the new media becomes mainstream.”
Now that smartphones had recently appeared, all of their functions were not perfect. There were also various restrictions on the Internet. Everyone mainly used computers, which was very inconvenient. Yin Xun thought that this period was very similar to the era of her original world decades ago. Looking at the development progress now, it would not be long before it entered the full-intelligence stage.
Before the internet trend arrived, she still had her business, and it was just right for her to prepare now. At the same time, it could also assist the development of Xintao.
Yin Xun was thinking all this to herself. Mi Jin, who was listening from the side, was confused. He could not help but ask, “What do you mean by the new media?”
Facing Mi Jin’s confusion, Yin Xun only replied, “It’s a little troublesome to explain it to you now. You’ll know when the time comes. I plan to set up another video website. Mi Jin, can you handle it?”
“There are already many video websites, and they’re all at the mature stage. Although it’s easy to make websites, we won’t be able to gain any advantage against so many mature websites.” Mi Jin frowned.
Yin Xun shook her head and said, “It’s not an ordinary video website, but an app for short videos. It focuses on using phones and completely gives up on computer users. There are no television dramas or movies for this short video app, so we don’t need to consider buying the copyright or getting a membership. We just need to rope in the users and let them make short videos to be released within a few minutes. There’s no threshold, and there’s no need to spend money. As long as the users post videos, there’s a chance to make money.”
Mi Jin had never heard of such a thing before. She asked, “What kind of short video? What if the short video infringes on basic rights? Also, since we don’t plan to introduce drama series or open a membership, what is our source of income? Since it’s a short video that lasts only a few minutes, it’s not appropriate to insert advertisements.”
“You don’t have to worry about that. I’ll make a proposal when I get back. After
I’m done, you’ll know the entire process. Once the short video app is activated, our benefits will multiply by several times. It will be quite profitable.” Yin Xun smiled slightly.
Mi Jin said, “President Yin, ever since I came here, you seem to have said these kinds of fancy words many times already. No matter what project it is, you will always say this. I always feel that… you are making empty promises…”
Although Mi Jin did not want to doubt Yin Xun, Yin Xun’s thoughts were too wild. There were many things that he had never even heard of. Even if what Yin Xun said made sense, it was difficult enough for Xintao to fight against Blue Fox. If they were to start a new project now, it would be over if the capital chain was cut off.
Even if the Fang family was very rich, they would not give their money to Yin Xun casually. After all, businessmen valued profit the most.
Mi Jin was very worried, but he did not know how to persuade Yin Xun. He was only Yin Xun’s employee, and listening to his boss was the most important thing.
“Sigh, all of you young people… The first person to eat crabs must have had a hard time, but the rewards were also very great. Don’t worry, I know my limits. Even if I go bankrupt, I won’t make life hard for you. Moreover, a boss is a failure if they don’t know how to come up with unrealistic promises.”
There was one thing that Yin Xun did not mention. Whether it was Blue Fox’s tricks or the development of the new media, she had experienced all of them.
Before they got off work, Yin Xun instructed Mi Jin to keep an eye on Blue Fox. If they cheated their users, they would leave evidence and file a lawsuit with the Consumer Protection Association.
After leaving the company, Yin Xun went straight to the flower market..