Chapter 619: Compromise

In fact, Liu Feifei was also in Yanjing at this time, but Zhou Shi did not summon her. Let your secretarial team stay vigilant throughout the whole process, pay attention to the itinerary, and let the parents pay attention to confidentiality, which can be regarded as barely coping for a day or two. Jackma had a bad year for Ali's affairs, and Zhou Shi was also anxious about women's affairs. More unfortunate things happened, but it wasn't the distress caused by these women, but Yelp's violations.

Zhou Shi saw that Ali had a problem, so he was naturally worried about Yelp, and Time and Friends had the same problem, so he repeatedly instructed Lei Jun and others for this. Values are not very clear to Zhou Shi so far, but there is a lesson worth noting, that is, Baidu. In China, it has almost become a form of political correctness to criticize Baidu, but what is even more speechless is that even so, no matter how much negative public opinion there is, Baidu still stands tall and still occupies 70% of China's search market share. The reason for this is worth pondering, on the one hand, there is no choice, on the one hand, Baidu provides more excellent services, and on the other hand, most of the other search engine service providers in China are a dog. Zhou Shi's choice in his previous life was to use the tampermonkey plugin to block search engine ads. But then it was defeated by Baidu Baijia, do you have to keep going over the wall and use Google?

Baidu is a typical enterprise without values, and it cannot be said that there are no values. It's that without a correct set of values, Robin Lee may be on top, accustomed to his current social status, and not understand the needs of users. In other words, if you have a big heart, you have the mind of a traditional literati who dominates the world, and naturally looks down on all living beings. It is also possible that the general environment of the Chinese market is like this, the king is the king or the loser, in order to succeed can do whatever it takes, anyway, the winner is king, most people worship the winner, and only after the cultural status quo changes, the domestic outstanding enterprises will be selected by the market.

In the United States, it is different, the legal system is different, the market environment is different, and the user choices are different. Zhou Shi has been cautiously exploring that the failure of Groupon in his previous life was largely due to the abandonment of the customer-centric principle, merchant-centric, or financial statements as the core. A number of changes have been made, including entering the merchandising market to compete with Amazon. A few years later, Groupon quickly slipped from the top to the top.

In this life, Zhou Shi adheres to the principle of customer-centricity in YELP and provides convenient life services for users. Quality is definitely basic and will not be like Groupon, which gives money to any merchant to appear on their website. Although many merchants and customers have been lost as a result, this persistence has also won more praise. The market share in Europe and the United States can still occupy the first place and maintain good development. However, the internal investigation has shown that there are also salesmen within YELP who are fraudulent and assist substandard enterprises to enter YELP's group buying activities, and a large part of user complaints also come from this.

Zhou Shi took Li Ying back to the United States and escaped from the Shura Field again, but this time he was determined to increase his efforts to create people, so he had to let Li Ying get pregnant.

"What are you going to do with this matter?" Li Ying didn't know what Zhou Shi was thinking, so she asked Zhou Shi to herself.

"I'm one-size-fits-all, so fast as to cut the mess?" Zhou Shi

"I don't think it's good, I still have to analyze the specific problems in detail, and I don't know the details of the matter, so it's not good to make a decision for so long. "Li Ying

"But I have to uphold the values of the enterprise! This is the bottom line!" Zhou Shi

"I didn't say that you won't be allowed to uphold YELP's values, but what if some businesses are actually very good, but do not meet some of YELP's requirements, and have to expand their business by fraud?" Li Ying

"They won't go to Groupon, they can go to Google, whether Yelp has a monopoly on the market. "Zhou Shi

"Maybe they believe in YELP more!" Li Ying

"Do you want me to lower my standards?" Zhou Shi

"You may be able to give more people the opportunity to serve more businesses!" Li Ying, "Doing business is about finding a balance between ideals and reality, and even Google will inevitably follow this principle." ”

"Balance, how to balance?" Zhou Shi

"I think you're taking this matter too seriously, and you can let them handle it. "Li Ying

"No, safeguarding the interests of consumers is our bottom line!" Zhou Shi, the original Groupon thought that consumers did not create any benefits for them, so they tended to be merchants in the future business, so that they ignored the investment of consumers, and finally lost everyone's trust. He wouldn't make such a mistake!

"Even if it is to protect the interests of consumers, but we can't give up the normal demands of merchants!"

"Don't worry, consumers first, merchants second, and Yelp's interests come third, this is not just talking. Zhou Shi, after all, he still likes Costco's model, which provides consumers with high-quality services and then makes them pay membership fees. In the future, the popularity of group buying will decrease, and he is ready to launch YELP's membership service, and if you pay for offline life consumption through YELP in the future, there will be special discounts, including hotel and homestay services, as for takeaway, it is still under consideration, the labor cost in the United States is too high, and the efficiency of takeaway is not high, so it may not be very cost-effective. Of course, it may not be a member of yelp, but a member of a merchant, such as spending with Yelp, you can choose to become a member of a certain store and enjoy exclusive discounts. Only by bringing benefits to consumers and providing more valuable services for merchants will there be a living space for YELP.

"But your purpose is not to ......," Li Ying

Yes, Zhou Shi is not optimistic about group buying, but for the acquisition of Yahoo, if there is too much negative information about Yelp, or if his market growth slows down, it will almost certainly affect the final result. Yahoo's investors may not have the same idea as Zhou Shi, not to mention that Yelp's investors, such as Goldman Sachs, have no simple purpose.

Ideals and reality clash again, this should not be much easier than the dilemma that Jackma is facing now, right? Zhou Shi fell into silence rarely.

The plane landed at an airport in the United States, but Zhou Shi still did not make a decision. Buying Yahoo was his ultimate goal, but ...... He didn't know what it was, and he always felt that it was not good. It stands to reason that if he buys Yahoo, his goal will basically be achieved, and then Yahoo will be changed, and even if the group buying business in this area is finally abandoned, it will not be a big deal.

"Hey, I can't be a simple investor after all!" Zhou Shi sighed and said, the peak of group buying has only been in the past two years, but this market may not only be one or two years.

"I hope you don't regret it!" Li Ying, in her opinion, for the sake of the final goal, it is okay to make a certain sacrifice for the time being, and there is still time to change it in the future. But Zhou Shi doesn't see it that way, some things can't have a beginning, and once this opening is released, it will be difficult to put an end to it. There will always be one reason or another to compromise in the future!

(End of chapter)