Chapter 514 Attack the online payment system
Long Yu also knew that his choice was very helpless, and he had to do so, but this was a road of no return, and he had to part ways with Li Feng from then on.
"Although Li Feng and I are not friends now, we are not competitors, wouldn't it be good for each other to make their own money in their respective fields. The Global Mall has always coveted the Chinese market, and it is also aggressive to our Baibao.com, and Rioport's personality is also quite domineering, and he is known for being arbitrary. It seems very difficult for us to cooperate with a company like Global Mall, unless the other party has a particularly attractive way of working together. Long Yu said, "In addition, Mr. Xu, I thought about it carefully, you have gone around in such a big circle, is the ultimate goal to deal with Li Feng?"
Xu Jinlin's eyes flickered a little, he smiled, and said: "Whether or not to deal with Li Feng is not the key to this discussion, the most important thing is that we must fully tap the explosive potential of the e-commerce field." In this field, Baibao.com and Global Mall cannot be dominant, and they may also face competition from new competitors in the future, so it may be a more reasonable model for the two companies to jointly dominate this field in the future, and it is also a reasonable model to eliminate new opponents. ”
Xu Jinlin's words were a bit evasive, and Long Yu also knew that he and Li Feng had never dealt with each other, but he couldn't find a suitable way to restrict Li Feng, so he came up with this seemingly unreasonable strategy.
In fact, in the field of Internet e-commerce, the duopoly model was later proven to be reasonable, after all, the e-commerce field is not better than online social, there is no natural single monopoly attribute, so any single e-commerce platform can not completely monopolize the entire online shopping market, even if they control most of the market share, but as long as a period of time, there will be a variety of challengers to eat away at his market share.
More ants can bite the elephant to death, not to mention that the ants will continue to grow, and no matter how big the company is, it is impossible to be the enemy of the opponent in the entire field.
And for users, they don't want to go to a single online shopping place, so they are deprived of their right to choose, once the quality of service of this company declines, consumers can only endure it, and cannot vote with their feet.
"Your statement is not unreasonable, even if the global mall does not participate in the competition in the Chinese market, it is difficult to guarantee that there will be no new forces to join. The e-commerce sector has always been one of the most competitive. Long Yu said, "Then at the level of cooperation, we hope that the global mall can give some targeted suggestions, otherwise we will not be able to relax our vigilance against them, after all, they are international companies, with a strong ability to integrate and dispatch resources, if the time is used as a delaying strategy, and then attack the Chinese market, we will suffer heavy losses." ”
"You can rest assured that although the Huaxia market is important, it is only an important fulcrum in the global strategy of the global mall, and even if the entire market is abandoned, the impact on their total scale will not exceed 10%. Xu Jinlin said, "On New Year's Day, I have gone to the headquarters of the Global Mall in the United States to have an in-depth meeting with Leo Porter, and he has made it clear that if the two sides can formally reach a cooperation, then the first thing is to open up each other's online payment system, so that the Global Mall can use Baibaobao to pay, and at the same time, Baibao.com can use Gpay to pay." As long as this step is reached, then the next cooperation will be smooth. ”
Xu Jinlin said that in essence, he wanted to attack Li Feng's Fortune Treasure online payment platform.
Nowadays, in the Internet market, there are three online payment platforms, namely Li Feng's Fortune Treasure online payment platform, Baibao's Baibaobao online payment platform, and Global Mall's Gpay online payment platform.
From the perspective of market share, Li Feng's Fortune Treasure has been far ahead, with the help of the new concept of Internet financial management, the total amount of funds gathered by the Fortune Treasure platform has been ten times that of the sum of Baibao Bag and Gpay, and the market share has also exceeded 60%, which is far ahead.
The trading volume of Baibaobao and Gpay is basically within the trading system of the two companies' own e-commerce platforms, and they have not gone out at all, so whether it is in terms of business model, user awareness and market share, the online payment platforms of the two companies are far from being comparable with Li Feng's Fortune Treasure platform.
After the calculation of professionals, if the total energy of the Fortune Treasure platform in the Internet is 1, then the treasure bag is only 0.08, and Gpay is only 0.11, which is completely different by an order of magnitude, and the two companies are in a position of being beaten.
This also makes these two companies feel like thorns in their backs, and they are worried all day long.
If the two major e-commerce platforms of Baibao and Global Mall embed each other's online payment software, then the original closed system will be opened all of a sudden, and both parties will expand their market share. At the same time, due to the amplification effect caused by the expansion of market share, users in the original Fortune Treasure system will penetrate into these two payment systems, so as to achieve the effect of 1+1 greater than 2.
For this point, Long Yu actually sees it very clearly, but he doesn't have this opportunity to develop each other's payment platforms with the Global Mall.
Now that Xu Jinlin is the intermediary to coordinate the relationship between them, it is a good opportunity.
"The online payment system is very important to us, if the global mall can open their payment entrance, let our treasure bag enter, we also very much welcome the global mall's Gpay into the payment system of the baibao.com. Long Yu said, "Mr. Xu, if this matter can be implemented, then the cooperation between the two companies is very promising." So I also hope that you will convey my intention to Mr. Rioport, and then the two sides will agree on a time to sit down for a consultation on this matter. ”
Xu Jinlin said with a smile: "Mr. Long, don't worry, I will definitely handle this matter." If we invest in your company next, and we are also one of your shareholders, of course, I hope that the two companies will not be lost by the struggle, and can jointly develop a huge Internet e-commerce market, and make money together, which is beneficial to everyone. ”
Long Yu knew that Xu Jinlin's real target was Li Feng, but this time was also a good opportunity for Baibao.com, Xu Jinlin wanted to use him, and he could also use Xu Jinlin, and it was still fair for each other to use each other.
It's just that Li Feng is going to suffer, and then once the two major companies reach an agreement, stop each other's internal friction, and form a solid alliance of interests, then Li Feng's Fortune Treasure platform will really face a huge crisis.