Chapter 15 Valuation of US$200 million(1/2)
In the evening, all the company's employees gathered for dinner to celebrate the success of the company's coin throwing activity.
Everyone is very proud. After all, everyone participated in this operation and witnessed the birth of the miracle together.
After this battle, the company's centripetal force and cohesion have been further strengthened. Several technical experts who originally had some small thoughts have temporarily given up other thoughts and focused on developing the company. Now they are asking Zhang Yida
To ask for instructions on the new tasks, Zhou Feng, manager of the technical department, was also sent to speak.
Zhou Feng drank some wine, his face turned red and he said:
"Mr. Zhang, the user growth rate of Touronghui APP has slowed down recently! Everyone has nothing to do, so I just wanted to ask if you have any new tasks to assign?"
Zhang Yida was a little confused, these upright boys were too cute! He didn’t want to take a break when he had nothing to do, and he still wanted to ask for instructions. So he said with a smile:
"The new task is to add the financial information section and the forum section to me, plan the page layout carefully, and put the user experience first!"
"But there's no rush. Your team has been busy for a month from software development to operation and maintenance of this event, and they haven't even had a day off. Let's take a holiday first and rest!"
Zhou Feng said stubbornly:
"There is no need to take a break. We are all young people, so the work intensity is low."
Zhang Yida shook his head and said:
"This won't work! You are all talents in the company. Who will help me type code when you are exhausted? I will give you three days of leave. You can all go home and have a good rest, replenish your mental and physical strength, and come back to work in three days. You must balance work and rest.
, what should I do if I become bald at a young age?”
When Zhou Feng was about to speak again, Zhang Yida waved his hand to stop him.
"Yida, you have exceeded 1.1 million registered users in just half a month? Isn't that an increase of 100,000 to 100,000 every day?"
Zhou Chengdong looked at the data in the background of the computer and asked in shock.
Zhang Yida came to see Zhou Chengdong today. He also logged into his administrator background account on Zhou Chengdong's computer and presented various data in the background for Zhou Chengdong to review.
"Now the growth rate has slowed down, and the intensity of activities is not that great. About 10,000 users are added every day! The previous 1.1 million users were obtained by spending 60 million in promotion fees!"
Zhang Yida started to pretend again and said.
Zhou Chengdong was drinking tea, and when he heard it, he immediately spit out the tea.
I thought about it again, no, how could this kid Zhang Yida have 60 million? He was looking for him to help introduce financing, where did he get 60 million? He became more and more confused, and was almost fooled by this kid.
Seeing Zhou Chengdong's disbelief, Zhang Yida carefully explained his cooperation with 10 mutual financial companies.
"Haha, let me put it this way, you are generosity to others! This trick is just a thief."
After Zhou Chengdong heard the cause and effect, he couldn't help laughing.
Then Zhou Chengdong dialed a phone number and said:
"Old Xu! We have a business genius from Peking University!"
"One month after establishing the company, the company's revenue reached 60 million."
“Half a month after the APP was launched, the number of registered users reached 1.1 million.”
"Oh, are you coming over now?"
"Okay, okay, he's right here. I'll help you keep him locked down. He won't run away."
Zhang Yida was also dumbfounded beside him. Old man Zhou spoke very well, and Xu Xiaoming was also fooled into being stunned.
"Just wait, Lao Xu is already on his way here!"
Zhou Chengdong hung up the phone and hummed a tune proudly.
After a while, a middle-aged man wearing a black suit, gold-rimmed glasses, and smiling like a Maitreya Buddha arrived at the door.
"Here, let me introduce to you. This is Teacher Xu Xiaoming. He used to teach at Beijing University. You can call him Teacher Xu."
Zhou Chengdong introduced Zhang Yida.
"Hello, Teacher Xu, I am Zhang Yida from the History Department of Peking University."
Zhang Yida introduced himself with a smile.
"Classmate Zhang Yida, you are young and promising! Come and introduce your project to me."
Xu Xiaoming's eyes narrowed into slits with a smile.
Sitting on the sofa in Zhou Chengdong's office, Zhang Yida introduced everything in detail.
"The future prospects of Internet finance are infinitely bright..."
"Since the establishment of the company, we have achieved good results of 1.1 million registered users, 120,000 investment users, 120 million transaction volume, and 36 million net profit."
"Next, we will also improve the functions of the product and launch online consultation and forum sections. While attracting new users to register, we will also increase the stickiness and activity of old users."
"At the same time, we will increase cooperation with major financial companies and launch more and richer financial products. Covering financial products, loans, funds, insurance, trusts, banks and other financial products, we will become the largest financial supermarket in China!"
Zhou Chengdong was shocked when he heard that he had achieved such good results in just one month, with millions of users and tens of millions of profits. This guy set off a big firecracker!
Xu Xiaoming, on the other hand, kept a faint smile on his face. He waited for Zhang Yida to finish introducing the project before speaking:
"Millions of registered users were created by spending tens of millions in promotion fees. Is this model sustainable?"
"In addition, new users are almost all attracted by rewards. If the activity decreases in the future, will users still maintain an active investment status?"
"At present, only Internet financial products are online. When will other types of financial products be online? How to promote them once they are online?"
The three questions raised by Xu Xiaoming are very targeted, and they are all aimed at the uncertainties faced by Ruixiang Technology in its continued development.
Zhang Yida smiled sarcastically and said:
"Teacher Xu, you asked these good questions."
"First of all, our current first-phase cooperative promotion fee with the top 10 mutual financial companies is 60 million. According to the reported situation, the 10 partners are very satisfied and have actually exported tens to 100,000 to them.
Different investment users.”
"Also, the good cooperative relations with the 10 companies continue to be maintained. After digesting this batch of users, they will continue to invest in the future. For mutual financial companies, the desire for new users is endless.
In order to quickly scale up, to raise funds, and to go public, no matter how much they invest in acquiring customers, they will grit their teeth and persevere.”
"Another one, the 10 partners we are currently working with are all from Beijing and Shanghai, and now mutual financial companies from Guangdong Province have also come to cooperate. In the future, we will have more and more financial suppliers, and we will need to
It won’t be long before customers will be all over the country.”
"The future trend of the industry will get better and better, and entrepreneurial mutual financial companies will spring up like mushrooms after a rain. More capital and resources will enter this industry, competition will become more intense, and customer acquisition costs will also rise.
But if we want to develop, we have no choice but to burn money.”
"Compared with placing keyword search engines and building advertisements, cooperating with our Touronghui Financial Supermarket is more affordable and the effect is better!"
After finishing speaking, he paused and looked at Xu Xiaoming.
Xu Xiaoming kept nodding, indicating to continue.
Zhang Yida continued:
"It's true that new users are attracted by rewards! But we also have the ability to keep them on our platform and become long-term users."
"The TouRongHui platform currently only provides the functions of searching for financial products, comparing prices and applying for services. The functions are indeed very single and cannot attract users for a long time."
"But next, we will focus on developing financial information, forums and other sections, and invite some financial experts to join the platform to answer questions for users. At the same time, we will guide users to post spontaneously in the forum to exchange investment and financial management experiences and form a good community atmosphere.
This will further enhance the platform’s stickiness to users.”
"In the future, Ruixiang Technology will also develop two tool-based software for personal accounting and credit card management, and operate multiple product lines."
"After the three softwares are completed, Ruixiang will also establish a financial media, create a new media financial account, and produce high-quality financial content."
“Finally, the four core business matrices of financial flow intermediary + accounting + credit card management + financial media will be formed.”
"Toulonghui platform is responsible for the traffic output business."
"The accounting and credit card management software takes care of the input traffic."
“Financial media produces content and relies on content operations to retain traffic.”
"In the end, a good ecological closed loop will be formed."
Xu Xiaoming's eyes lit up when he heard this, and he said:
"According to your prediction, when the three major software plus financial media reach their peak, how many users can they cover?"
Zhang Yida thought for a while and said:
"Each of the investment and financing platform, credit card management platform, and accounting software platform has the potential to reach more than 100 million users, and the financial media has tens of millions of users! After deducting the overlap, reaching 200 million users should not be a problem.
"
After hearing this, Xu Xiaoming thought for a long time and said nothing. He waved his hand to signal Zhang Yida to continue.
Zhang Yida continued his analysis:
"Now is the time when Internet finance is exploding, so our product focus is on Internet financial management, and we will launch Internet loans next. After the credit card management software is launched, we will continue to deploy online credit card applications. Funds, insurance, bank financial management, and trusts will slow down.
"
“We are the only ones who have the entrance to financial traffic, and when the time comes, many companies will come to discuss cooperation.”
"The current number of users is not particularly large, and users do not have that many financial needs for the time being."
To be continued...