Chapter 242: Still need money?

Cheng Fangyuan quickly drafted the contract.

According to Lu Qingyu's request, the contract cuts Futong and Dabao.com very cleanly.

The contract says very clearly that PayTun is connected to Taobao.com only as a third-party payment software and has nothing to do with Taobao.com's operational strategy and behavior.

In this way, even if something happens to Dabao.com in the future, it will have nothing to do with PayTong.

After the user selects something on Daobao.com, he pays through Pay Pass.

The payment will be temporarily deposited into the Payment Network fund account, and then the Payment Network will wait for the user to confirm the harvest before allowing the payment to the Payment Network merchant.

This will prevent disputes between buyers and sellers.

In this process, Dabao.com does not participate in any funds transfer at all, and also pays a 8-point fund transfer service fee.

On the surface it seems to be a loss.

With Malaysia's general routine, it is absolutely impossible to lose money.

Although Dabao.com promotes that merchants can enter for free and products are available for free.

But there are many recommended positions on the Taobao website, and they can make a lot of money by selling recommended positions.

Just the big banners on the homepage, they will charge a recommendation fee of 10% of the merchant’s turnover.

There are also many small recommendation places, with recommendation fees ranging from 3% to 8%.

In addition to the homepage, there are also large banners and small block recommendation fees in the category paging.

Although it is a recommended position for the secondary page, the exposure of these recommended positions is even better than that on the home page.

Because as long as the user clicks on the secondary page, it proves that he has a purchasing demand for products in this category.

As long as the merchants selling this type of goods are on this banner, they will be exposed a lot, and users will unconsciously look at it.

As long as the product can attract users, it can promote orders.

Therefore, the recommended position of the secondary page is not only not cheap, but is even more expensive than the recommended position on the home page.

The service fee for banner promotion is as high as 12%, and some other small recommendations also range from 5%-10%.

Almost 80% of the orders of the entire Daobao.com come from these merchants in the recommendation position.

If you count it all together, Dabao.com can earn about 8% of the recommendation fee from these recommendation positions.

On the surface, this 8% is only enough to pay the service fee for payment.

But there is another point: not all users use payment pass to make payments, and a large number of people use traditional online banking to make payments.

According to Malaysia's total estimate, at least 30% of users use online banking to pay.

All the fees paid by these users flow into the account of Dabao.com.

This part of the money does not require payment of service fees to pay.

For example, the daily income of Dabao.com is 100 million yuan, and 80% of these 100 million yuan is 80 million yuan, which is 80 million yuan from those recommended positions.

The 80 million yuan out of this 80 million yuan can charge a recommendation fee of 6.4 million yuan.

Then, 70% of these 100 million, that is, 70 million comes from PayTun, and 8% of the service fee is required to pay PayTun, which is 5.6 million.

The remaining 30 million is paid directly to the Taopau account through online banking, and it has nothing to do with Pay.

In this way, one after another, Dabao.com still has a profit of 800,000 yuan.

A transaction volume of 100 million was 800,000. Although it was not much, Malaysia was already very satisfied.

After all, it is not easy for Tabao.com to survive, and it is even more than expected to become popular.

It doesn’t matter if you make less money in the short term. You can make a lot of money after you develop your own payment software.

This is Malaysia's general wishful thinking.

Lu Qingyu is also very clear about the fact that Taobao.com will not lose money.

Because he knew that Malaysia was a person who could not get up early without profit.

He won't do anything without any trouble.

Cheng Fangyuan gave the draft contract to Lu Qingyu for a review.

"Well, there is no problem, just sign according to this version. I will ask the Legal Affairs Department to cooperate with you to complete the contract today, and then we will open up Futong and Dabao.com overnight." Lu Qingyu arranged.

When Wang Liming received the contract and heard that Futong would complete the docking overnight, he was delighted.

Tengda Company's efficiency is indeed very high.

He immediately sent the contract sent by the other party to the Malaysian General Office.

The Malaysian General Manager of the People's Republic of China conducted strict reading and analysis of the contract.

Finally, I confirmed that there was no problem, and then ordered the seal to be stamped immediately. Then I sent a special person to take the contract and took the nearest flight to Jingzhou to deliver the contract.

So, five hours after Cheng Fangyuan sent the contract to the other party, she received the contract to seal the official seal with the Taobao.com.

After receiving the contract, stamp it immediately and the cooperation will be officially taken effect.

At 7 o'clock that night, the engineers of Futong started to work hard and began to connect the connection between Dabao.com and Futong.

Under Lu Qingyu's personal supervision, the engineer only had less than 5 hours to connect the payment network to the Tabao.com.

Almost ten minutes before the start of the Dabao.com event, I completed all the work.

At this point, users of Dabao.com can use the payment pass to make payments.

After completing the system docking, Dabao.com, Tengda Technology and Payment Pass issued cooperation announcements at the same time.

The announcement on Dabao.com is very simple, which tells all users that Dabao.com can use the Payment Pass to pay directly.

The announcements released by Tengda Technology and PayTong Software are a little different.

"Hello everyone, dear PayTong users. At the strong request of the majority of users, PayTong has cooperated with Dabao.com with the concept of serving the public."

"In the future, we will cooperate with more manufacturers, covering multiple fields such as games, shopping, life, and services, aiming to bring a convenient online consumption experience to more users."

"Warm reminder: PayTong and brands other than Tengda Technology's products only provide payment cooperation and do not participate in the manufacturer's strategy formulation and actual operations."

"Although online consumption is safe, there are still risks. Please pay attention to the PayTong users to consume rationally and avoid being cheated. The PayTong team will pay attention to it."

After seeing this announcement, Malaysian eyes trembled.

He could naturally see that Tengda Technology was insinuating and pointed at the monk and scolded the bald donkey.

Isn’t this meaning that there are potential risks on our Taobao website, and you may be cheated when buying things.

It's really annoying.

However, although he was so angry that he had no choice but to endure it.

Who made Ali’s father not have his own payment software? In order to attract more users, the only way to cooperate with PayTong is now.

"Damn Tengda Technology, when we develop our own payment software, I must make you look good!" Dama clenched his fists tightly, thinking viciously in his heart.

When users of Futong and Daobao.com saw this announcement, they were stunned.

Payment users are a little confused. Dabao.com and Tengda Technology are clearly in a competitive relationship, so why should they use Payment for competitors?

What is the operation?

But the users of Dabao.com cheered and finally no longer had to use the cumbersome online banking to buy things on Dabao.com.

Payment Pass is convenient, fast and safe, and it is best to use it to pay.

The cooperation between these two companies has also aroused heated discussions among netizens.

"I'm going, what's going on? Futong actually cooperated with Dabao.com. What happened? Are these two companies not competitors?"

"I also expressed shock, but I never expected these two companies to cooperate."

"Village Netcom? I don't know this. Haven't you seen the news that the entire network has complained about whether PayTun has cooperated with other manufacturers in the past two days? It must be that PayTun was forced to decide to cooperate with Dabao.com because of pressure."

"You can't say that. What does it mean to be under pressure? Haven't you seen the announcement issued by Payment? People do this to serve users, but it's not what you said to surrender."

"That's right, I can only say that the boss of Tengda Technology is broad-minded and has a long-term vision."

"This is the reason. Tengda Technology has never disappointed me. I will give you full marks in this wave of operation."

"Don't talk about those that are not available. No matter what cooperation is, I think it's a good thing. I have bought things online again. It's so inconvenient to use online banking. Now it's so convenient to have a payment pass."

When Malaysia saw the reviews on the Internet, she always laughed.

It seems that this naval army organization is really strong, and it has indeed led to the cooperation between Futong and Dabao.com.

Although I spent a high service fee, if the water army did not have the rhythm of bringing payment channels on the Internet, it would put pressure on them. I guess they would not agree to cooperate no matter how much they spent.

Although the cost of 50 million is quite high, the cost-effectiveness is super high.

Not only has it promoted cooperation, it has also provided a lot of publicity for Dabao.com.

After this wave of publicity from the navy, the number of users of Dabao.com has increased sharply, and the cost-effectiveness is higher than advertising on TV and websites.

Malaysia always feels it is necessary to cooperate with another wave.
To be continued...