"We all know that this month, Taobao's US site was officially launched, and its free model has had a huge impact and threat to another online retail giant, eBay, what do you think of the competition between eBay and Taobao?"

Song Chen sighed lightly, and then said in a slow tone: "Correct, not counting the transaction fee of paypa1, Taobao is not free, it has 1.5% more sales commission than the Chinese market!" As for the competition between the two companies, I think so: eBay is too big to beat, while Taobao is small but has something to rely on! There is no doubt about the strength of eBay, which is a large company with an annual transaction volume of tens of billions and a net profit of hundreds of millions of dollars; Although Taobao has the support of brother companies, because the resources that Taobao and eBay can get are actually the same, the disadvantages of Taobao are very obvious! ”

Charlie nodded: "That's true!" What do you think are the advantages of Taobao? ”

Taobao may be able to buy preferential traffic from goog1e or Chenxing network, but it can't let goog1e suppress ebay like Baidu suppressed Tmall.com in the United States, a place where commercial laws are at night, otherwise what awaits it is a sky-high fine - at most, it will do some tricks in the ranking, but it will inevitably be targeted by competitors and the judicial department!

"The advantage of Taobao is the disadvantage of eBay!" Song Chen shook his head and smiled, "Whether it is consumers or sellers, their complaints about eBay did not start this year, I noticed it in the newspapers and websites as early as 1999!" As I expected, although eBay sued Taobao in court, it was inevitably in the dock! ”

Putting his hands crossed on the table, Charlie said thoughtfully: "The dispute between the seller and eBay has been going on for a long time, so have you ever wondered if eBay has adopted the same business strategy as Taobao, will Taobao be able to achieve the same success as QQ again?" ”

"It's tough!" Song Chen stretched out his hands and said calmly. This article is written by ...... "There is a phenomenon worth paying attention to in the Internet field, that is, the 7o/2o/1o law, that is, the first place in the industry monopolizes 7o% or more of the market share, the second place is 2o%, and the third place is the sum of other companies, and the search engine field is more obvious...... If the Taobao project proves to be a failure in the United States, I hope to at least take second place, so that those sellers who have been treated unfairly have a different choice! ”

"Very interesting, you don't seem to care about winning or losing!"

"In my personal opinion, Taobao and eBay will not be able to distinguish between the two sides in a short period of time. Management's decisions will be the key winners and losers in the future! I really don't care about this one, though! Song Chen smiled, "Taobao is just a grandson company, a promising project!" I can even think that Taobao's victory or defeat in Europe and the United States will not affect the future of this company, and the same is true for 8848! If e-commerce is compared to a war, in fact, I have occupied the strategic high ground, even if it is just to hold on, I have won this war! ”

"I don't understand what you mean!" Charlie? Ross is the same as the audience in front of the TV. They all showed puzzled expressions.

Song Chen smiled and said: "It's not interesting to expose the mystery right away, Mr. Rose, please allow me to sell a pass, I'm afraid only time can answer what I just said!" ”

"Okay!" Charlie laughed. "The search engine was just mentioned, and it reminded me of a topic that is very close to the tech industry: why Baidu was spun off to form a new international brand Goog1E, and Paypa1 was spun off the Chinese brand Alipay. What happened back then? ”

Song Chen laughed and said, "It's not what happened back then, but what will happen in the future!" ”

Charlie? Rose straightened his posture and asked solemnly, "Can you elaborate on that?" ”

This question arises in Ashley? Fanning's list of topics. Song Chen has a draft, so it is not difficult to answer at all: "We have seen that there have been many changes since China's reform and opening up, the huge market and low labor costs are making this ancient country glow with infinite charm, and many multinational giants are entering this emerging market!" ”

"Yes!"

"People will soon realize that China, after more than two decades of reform, is becoming an increasingly important force in the world!" Song Chen pondered his choice of words, and his tone was very cautious, "Despite this, the reforms that have gone through twists and turns are more biased towards economic reform, and the whole system still retains the ghost of the planned economy, and the strength of conservative forces and interest groups is absolutely unimaginable!" Back to the question itself, what kind of power do search engines and payments represent? ”

Charlie? Rose thought for a moment and replied, "I see...... Answers and finance! ”

"Exactly!" Song Chen said slowly, "With the birth of the Internet, three governance models have emerged: government-centered 'cyber authoritarianism', market-oriented 'California ideology', and hackers advocate 'libertarianism'!" It is conceivable that the Chinese government will be wary of the new power of the Internet, and the "Self-Discipline Pact" in which Chenxing participated last month also proved my point, and in order to avoid the conflict between state power and corporate culture, I must minimize this impact! ”

"So you pushed for the spin-off of Baidu!" Charlie? "So, Baidu's corporate culture is different from that of goog1e?" ”

"All I can say is a slight difference!" Song Chen smiled, "For example, the project incubator inside goog1e is more free than Baidu, they don't have to worry about their technology being hidden because of sensitivity, and companies don't have to worry about government regulations and have to give up some promising Ming!" The same is true of Paypa1, which was founded in the United States, and it is well known that China's closed financial controls are very severe! Online payment is a new topic in the world, and the People's Bank of China will wait and see for a while, but in the long run, it is foreseeable that it will be regulated! ”

Speaking of this, Song Chen said with a slightly wry smile: "China is expected to set up an official bank card joint organization this year, although this is only an offline settlement organization, but I have heard a lot of negative voices, some experts believe that online and offline resources should be integrated to avoid some organizations engaging in illegal activities in third-party payment companies!" If the government really has to use administrative means to meddle in market behavior, the consequences will be catastrophic! ”

Charlie? Ross Yuan opened his eyes in surprise and said, "Can a government agency that has not yet been established influence or even interfere with an already very powerful company?" ”

"We haven't seen that possibility yet, I just can't deny it!" Song Chen's eyes were easy-going, his tone was light, and there was a very convincing charm between his gestures.

"The transformation of the information industry is another impact and reconstruction of the social order after the steam revolution and the electric power revolution, and its significance is probably more far-reaching than the previous two! From the perspective of human civilization, the birth of the Internet has not only brought about the awakening of grassroots consciousness, but also impacted the discourse power of elite groups, which is especially obvious in countries where the phenomenon of power inheritance is concentrated! ”

"More than 2,000 years ago, the Qin Dynasty, the second largest unified empire in China, built the Great Wall on the basis of the government, and originally hoped to protect its people through this majestic structure, but history has proven this idea wrong time and again! Two thousand years later, the central government has opened a firewall of a similar nature in an attempt to once again keep foreign intrusion out of the country! But people forget that technological barriers are always defeated by disruptive innovation, and we can't stop them! ”

Charlie? "Your insights remind me of the words of Mr. Gates, the founder of Microsoft, who said in early 1998 that he was worried that someone in the garage would ruin his career!" ”

"From the perspective of the founder of the group, this is also what I am worried about!" Song Chen smiled, shook his head, and said, "But instead of bothering to build a firewall that costs a lot of money and has high maintenance costs, it's better to embrace change with a more proactive attitude!" I was worried about the innovation in the garage, so I said to the person in charge of the subsidiary of Chenxing: instead of letting others subvert our business, it is better to let ourselves embrace change! Therefore, there is a very important principle of corporate culture under the Chenxing system, that is, under the Scowley's law of 7O/2O/1O, the products of the employees, whether good or bad, are thrown to the market to accept the test of users in various countries, and the popular, no matter how many conflicts there are in the existing benefits, must be actively responded! I think government agencies and businesses should be in awe of the power of technology! ”

Charlie? Ross was amused and asked with a smile, "This is an essential sense of crisis for business leaders, do you believe that this sense of crisis will help you and your business, and you will not be confused and hesitant because of it?" ”

Nodding, Song Chen said seriously: "Yes! At least it can make us less repulsive and more tight in the face of change! Needless to say, the subsidiaries in the Chenxing system are very powerful, and I am afraid that they are not aware of this powerful power, and it will not be fully demonstrated for a long time! I have plans for these companies, and because of this, I don't want them to be too comfortable, they have to realize that they are in a crisis that can be disrupted at any time! It's either someone in the 'garage' or it's us! ”

Charlie? Rose glanced down at the form on his desk and asked, "How do you handle business settlements between companies?" There are disputes between some subsidiaries in the business! ”

"Yes!" (To be continued......)

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