Chapter 340: The Struggle of the Little People [9/10]
In May, the commercial capital.
Venenland Garden, Building B, Room 6C, living room.
Tyler, who has a Peppa pig tattooed on his right arm, sits on the couch operating a holographic display floating screen, and across from him are Jay and Charlie.
These three are young people from the United States, and they are the three co-founders of the company called Paopao.
Paopao should belong to a cross-border distributor, to put it bluntly, in fact, it is these young foreigners who do it to help other foreigners in the purchasing business in China.
Their business is mainly to help consumers in North America provide purchasing services, and Paopao was co-founded by them a year and a half ago, three months after the PHC launch to be exact.
That's right, Jay's main business is to help consumers in North America buy PHC, that's how they started, and there are quite a few like Paopao.
These companies have even formed a huge global distribution industry chain, as for the reason is precisely because the price difference between the PHC national version and the overseas version is as high as 5773 yuan, not to mention that the market response of the product is very good, and it is directly sold all over the world, but the international business expansion of the coastline is slow, and it is even more difficult to buy in North America than in Europe.
In the past seven or eight months, Paopao has ushered in its best days, with profits exploding, because the overseas business of Shoreline has been blocked globally, whether it is North America, Europe or Australia and other regions, all the official sales channels of Coastline have been laid off, and according to Coastline, it has entered a "dormant period".
So PHC this electric product in Europe and the United States soon became popular in the black market, Europe was hyped to 90,000 yuan a set, before the "dormant period" Paopao's monthly income was only six or seven hundred thousand, which was already considerable, and after the "dormant period" began, the income directly exploded to ten times, in the past 7 months, Paopao company recorded a revenue of 50 million yuan.
Three ordinary young North Americans became millionaires (dollars) in less than two years of starting their own business, and Taylor built a $420,000 villa in his hometown of Wisconsin.
Speaking of which, if he hadn't come to Huaxia Commercial Capital, Jay, Charlie, and Taylor might not have met at all, let alone become buddies and started a company together.
Of the three, Jay is the eldest and the longest-living in Shangdu, having lived in Shangdu for 7 years at such a young age, longer than any other city in the world.
Two years ago, Jay met Charlie at a party and quickly became friends.
However, in the first year, although Charlie did a lot of work piecemeal, but he couldn't do it for long, he was about to be unable to pay the rent, and the visa problem continued to be troubled, and he gradually became disheartened and planned to go back to North America.
Jay helps Charlie pay the rent and tells him that there are more opportunities for business to grow, and convinces him to stay.
Charlie also quickly found a job as an English teacher with a good income, and teaching English in Huaxia is not as popular as in previous years, but the Chinese craze is spreading to the world, and teaching Chinese is becoming more and more popular, so Charlie also cherishes this job.
Taylor came to China because of a friend's entrepreneurship, he was born in Texas, USA, and after his first semester at a community college, he didn't think what was taught in college was of any use.
So he learned to be a chef by mistake, yes, yes, he went to be a chef instead of starting a business in some garage like the gods of "Joe's Gang", but he taught himself to code in his spare time.
However, not long after Taylor arrived in the business capital, his friend returned to China due to the failure of his entrepreneurial project, and he also had to face the choice of whether to go or stay.
was also kicked out by the landlord because he couldn't pay the rent, and met Charlie for the first time in the elevator of the same apartment, during which he complained fiercely about the housing prices of the commercial capital and scolded the landlord for being a vampire.
Charlie immediately felt sorry for him when he learned of what had happened to him, and if Jay hadn't helped pay the rent, he would have been blasted out by the evil landlord like Taylor.
Charlie happily invited him to live in his house.
Anyway, Jay paid for it.
All right.
After getting to know each other for the first time, Charlie also persuaded Taylor to stay in Shangdu and use his programming skills to have a better development in Shangdu.
Later, Taylor received some web development jobs one after another, and he was considered to have a bite to eat in the business capital, so he stayed.
Jay helped Charlie, Charlie helped Taylor, and finally the three of them did the business together.
The idea of three people starting a business together stems from Charlie's "26-year-old crisis", he likes his students, likes to teach, and has a good salary, but he is about to be 26 years old, does he really want to be an English tutor for the rest of his life?
In 2021, PHC was born and became popular all over the world, becoming the world's most popular smart home appliance product for a while.
Charlie saw that the founder of Shoreline was younger than him, but he had become one of the most influential tech giants in the world, and every time he thought about it, he couldn't stop feeling emotion and envy.
Ye Hua's demeanor at the PHC press conference is still unforgettable in his mind, and many times he thinks about what it would be like if he was also on that stage and became the focus of attention? Charlie didn't know, but every time he thought about it, he felt his blood surge.
It was based on this that he began to have an in-depth understanding of the Coastline company, and found that there was a shortage of international sales channels for the Coastline, and another discovery that made him even more excited, that is, the overseas version of the PHC was 840 US dollars more expensive than the Huaxia Guoxing version.
So, he immediately came up with an idea to make money and shared the idea with his two good buddies.
Everyone was very interested in his idea, so they decided to turn the 2052 rented by Charlie and Taylor into a Paopao office for PHC purchasing services.
The initial model was simple, usually the buyer sent the request to them, they found different sellers from Amazon and eBay, and then asked the seller to send the goods to a forwarding company in Delaware, which then sent it to the customer.
Paopao is out of control, with a compound growth rate of more than 25% per month, and the profit is very considerable, and it has ushered in a peak period in the past 7 months, until Coral Island Technology announced that PHC will be discontinued, Paopao Company cannot buy goods, and its revenue has also decreased.
Now they all know that PHC is about to usher in the 2.0 era, and the people who do their job are gearing up, Charlie and they are ready to increase their investment and do a big job, and all three of them went to the scene during the 2.0 press conference.
β¦β¦
"Hi Jay, and Taylor. It dawned on me that we were going to have a new strategic plan for the future of Paopao? Charlie looked at the two good buddies and said.
βhyοΌ Isn't it good now? There is still half a month left for PHC2.0 to be listed, and you and I and Taylor all know that 2.0 has now been speculated for $20,000 on the North American black market. Jay said with bewilderment and exclamation, "Oh God, this is crazy! As soon as 2.0 is listed, we will definitely be able to make a lot of money. β
The crazier side of Europe is Luxembourg, where there is speculation of 21,000 euros, which is indeed crazy, but there is not much financial pressure on middle-class families in Europe and the United States.
The key is that the product is too good, and Europeans and Americans themselves also like this kind of modern electrical products with a super sense of science and technology.
Charlie shook his head and said seriously: "Paopao's model is too one-dimensional, and too dependent on the coastline, if we want to continue to do Paopao as a long-term business, we must change this situation, don't forget that the shoreline company claims that the global business is just entering" 'dormant period', which means that the confidence of the coastline to return to the global market is imperative, for the time being, the confrontation of multinational giants on both sides, the coastline has a greater chance of winning, I think the North American SIA may compromise, and then our good days will also fall down, and the transformation should be transformed at the best time, and now is the best time, it is time to transform. β
"I don't agree with your words Charlie, now should be the worst time, guys, look......" Taylor said, the two of them immediately cast their eyes, only to see Taylor turn a floating screen at an angle to the two of them: "The latest news on the official website of the coastline, one good and one bad, the good thing is that the last batch of PHC1.0 will be destocked in a week, and the factory price will be 46999 yuan for direct sales?" β
Jay looked at Charlie and said inexplicably: "It's really incomprehensible logic, I'm a consumer, can't I wait a few days to buy a cheaper 2.0?" The top management of the shoreline company was brain-pumped? Who would buy 1.0 now? β
Taylor continued: "The bad news is that PHC2.0 is restricted, I have already read the specific content, simply put, Boss Ye doesn't want to sell us 'foreigners'. β
Jay's eyes widened suddenly, and he immediately leaned towards Taylor and slid the floating screen, "What did you say?" This...... Is it to crack down on our small and micro dealers? But...... It doesn't make sense, why are they fighting? It should also be the customs in North America or Europe that should be attacked. β
Taylor helplessly spread his hands: "The devil knows how the logic of these big companies goes, what if 1.0 has no limits?" β
At this moment, Charlie's eyes froze, and suddenly lit up: "Go to stock...... Could it be...... Could it be...... Dude, I think we can make a big deal with the coastline, I think I should go to Yongzhen......"
The two friends were stunned for a moment, and Taylor couldn't help but joke: "I'm sorry brother, I didn't mean to, but to tell you the truth, do you want to see Ye Hua talk to him about business?" There may be two Bill Gates in between, and I don't even believe that you can have a conversation with Mr. Gates, or that you can meet Ye Hua and have a pleasant chat with him. Let's be realistic, don't be so unrealistic, ojbk? β
βhat-is-ojbkοΌβ Jay asked Taylor for a solution, and the latter looked stunned, and then shook his head with a sigh: "OJBK, you don't know? Well, I'm starting to wonder how you've spent the last 7 years in business. β
β¦β¦