The relationship between major e-commerce companies and VRstre is like chain stores and shopping buildings.
From payment to logistics, these traditional e-commerce companies are responsible for providing them, while VRstre only provides a window, and the relationship between the two parties is more similar to an interdependence.
In fact, Jiang Chen had considered starting from scratch before, leaving behind those old e-commerce companies, taking care of a series of links from payment to logistics, and creating Future RenTech's own shopping platform.
However, after discussing with Jiang Shuying, he gave up this plan.
Future RenTech made rockets, but there is no need to polish every screw carefully.
In the Future People Building on Koro Island, wearing a capable OL outfit, Jiang Shuying stood in front of Jiang Chen's desk reporting on the situation of VRstre.
From the excitement faintly revealed under her serious face, Jiang Chen could already feel how gratifying the results of this VR+ e-commerce plan that had been brewing for more than half a year.
...According to feedback from North American branches, in the first week of VRstre's launch, the total transaction volume of Amazon shopping increased by 18%, while the VRstre platform accounted for 40% of the transaction volume this week.Ebay's transaction volume also rose by 13%. The two e-commerce companies immediately proposed an additional cooperation agreement to us, hoping that we can relax product review and speed up the speed of shops moving into virtual reality.
Jiang Chen leaned comfortably on the seat.
Where is China?
Jiang Shuying's mouth curled up with a smile and continued.
Taobao's transaction volume rose 28% compared with last week, and JD.com's transaction volume increased by 34%.
Don’t underestimate the 28% increase. Although it includes many factors such as natural growth and online marketing, the overall sales base is very large.
In terms of Taobao alone, Taobao’s annual transaction volume in 2015 was 3 trillion!
And since 10 years, the increase of more than 60% has been increasing year by year.
Although the growth rate has slowed down, according to the transaction volume data released by Taobao in 2017, the transaction volume still exceeded 4 trillion yuan. Now, the VRstre tool suddenly emerged. I am afraid that Taobao's transaction volume this year is expected to exceed 5 trillion yuan.
It's like a money printing machine.Jiang Chen sighed.
I think so too.Jiang Shuying nodded in a deep agreement. Do you know how much money we made on VRstre last week?
How much?Jiang Chen asked with interest.
1.2 billion.
He was stunned when he heard this number.
However, Jiang Shuying seemed to think that this number was not shocking enough, so she added, 1.2 billion US dollars.
Recovering from the shock, Jiang Chen smiled embarrassedly and touched his nose.
...If you don't say it, I would have thought it was Vietnamese Dong.
1.2 billion in a week, this is more than just a money printing machine?The money printing machine didn't print so quickly!
What is even more shocking is that the 1.2 billion yuan is still after-tax income.
Although the scanning fee of 1 million items contributed more than half, the number of 1.2 billion still scared Jiang Chen.
You should know that Alibaba has a net profit of more than 7 billion yuan a year, and global e-commerce can already rank at the top.
In just one week, Future Ren Group's VRstre earned the performance that Alibaba needs to complete in a quarter!
What if this is enough if VRstre grows up?
In order to celebrate this victory, Jiang Chen gave a big red envelope to the VRstre project team more than 300 employees, and took them to open a celebration party on the hot spring island.
From beginning to end, this VRstre is a VR program developed independently by these current technicians using the development tools provided by Jiang Chen.
For Future Ren Group, this is undoubtedly a big step towards technological independence.
As of now, only Future Ren Technology has done this in the entire Future Ren Group.
……
The first reaction of vested interests to new things is to reject them, the second reaction is how to stop them, and the third reaction is to think about how to adapt to the trend of the times. However, when they start to think about changes, they who are slow to the times will often be able to be eliminated by the times helplessly.
Bentonville, Arkansas, USA is located in the headquarters of Walmart, the world's largest retailer.
This legendary retail company has a nearly legendary history of making a fortune.
When Fortune magazine released the 2007 Fortune rankings, Walmart ranked first with a turnover of US$35113.9 billion, winning this honor for six consecutive years.
When Fortune magazine began to select the world's top 500 companies in 1955, Walmart was just a mom-and-wife store in the small town of Bentonville.
At this moment, within Walmart headquarters, the board of directors held an emergency meeting to discuss how to deal with the impact of VRstre on the retail landscape.
Which idiot rejected the proposal of Future Ren Technology? We could have taken the ride-hailing VRstre.
It was voted by the board, Mr. Cathero.CEO Macmillan stood up and responded to the director who accused him.
oh?Then what do you mean is that everyone here is idiots?
Don't get me wrong, I absolutely don't mean this, Mr. Catherro.Unless you agree with this yourself.
you!
Dongdongdongdongdong
The sound of knocking on the table forced the noise on the conference table.
The chairman sitting at the top of the conference table, Robson Walton stopped his hands hitting the table with his knuckles, and glanced at the two of them with his muddy but sharp eyes.
Compared to quarrels, we have more important things to do, right?
The elderly Walton family leader has a high prestige on the board of directors. When the old Walton spoke, the directors looked at each other and quickly stopped the meaningless quarrel.
Macmillan spread his hands, opened his mouth, and finally sat back without saying anything.
Yes, Walmart has rejected Future Ren Technology.
Walmart also runs its own e-commerce website, and its scale is among the top three in the United States. However, half a year ago, they did not accept the VR+ e-commerce concept proposed by Future Ren Technology.
As for the simple reason, Walmart's advantages are multifaceted. It can connect its huge physical retail stores with online businesses, thereby providing customers with a full range of services for shopping, so there is no need to use the VR platform at all.
No American would be unfamiliar with the merchandise on Walmart shelves.
In addition, if Walmart supermarkets appear in the virtual reality platform, this will definitely have a major impact on the sales of Walmart's physical stores.
And it turns out that this decision is wrong.
Whether they are willing to accept it or not, sales of Walmart's physical stores will be hit by VRstre.
Refusing to move into VRstre has also made their market share in e-commerce platforms much separated by Amazon and Ebay.
We were originally at a disadvantage when facing Amazon, but now, VRstre has pushed us directly to the bottom.Not just Amazon, Ebay is trying to get away from us.A director shook his head and said.
It's not too late to make up for it now.I will go to Xinguo in person, and later I will ask the secretary to book my flight for tomorrow.Macmillan said.
Not too late?Even if we change our words now, please let Future Ren Technology let us join VRstre, do you think we can immediately enter the virtual reality platform?Cathero, who had quarreled with him, sarcastically said that it took more than half a year to scan 800,000 items. Now we are adding it. I don’t know how many stores are queuing up. Maybe by this time next year, Walmart products will appear on VRstre’s shelves?
It’s impossible for others to put their partners aside and let you, a latecomer, go to the line, right?
I'll convince him.Macmillan said seriously.
ha
Cathero was about to mock him a few words, but Chairman Mr. Walton did not give him a chance to speak and forced him to interrupt his speech.
I don’t have to book a ticket, I will lend you my plane.Don't wait until tomorrow, you go today.
Holding his breath, Macmillan nodded seriously.
yes!
From payment to logistics, these traditional e-commerce companies are responsible for providing them, while VRstre only provides a window, and the relationship between the two parties is more similar to an interdependence.
In fact, Jiang Chen had considered starting from scratch before, leaving behind those old e-commerce companies, taking care of a series of links from payment to logistics, and creating Future RenTech's own shopping platform.
However, after discussing with Jiang Shuying, he gave up this plan.
Future RenTech made rockets, but there is no need to polish every screw carefully.
In the Future People Building on Koro Island, wearing a capable OL outfit, Jiang Shuying stood in front of Jiang Chen's desk reporting on the situation of VRstre.
From the excitement faintly revealed under her serious face, Jiang Chen could already feel how gratifying the results of this VR+ e-commerce plan that had been brewing for more than half a year.
...According to feedback from North American branches, in the first week of VRstre's launch, the total transaction volume of Amazon shopping increased by 18%, while the VRstre platform accounted for 40% of the transaction volume this week.Ebay's transaction volume also rose by 13%. The two e-commerce companies immediately proposed an additional cooperation agreement to us, hoping that we can relax product review and speed up the speed of shops moving into virtual reality.
Jiang Chen leaned comfortably on the seat.
Where is China?
Jiang Shuying's mouth curled up with a smile and continued.
Taobao's transaction volume rose 28% compared with last week, and JD.com's transaction volume increased by 34%.
Don’t underestimate the 28% increase. Although it includes many factors such as natural growth and online marketing, the overall sales base is very large.
In terms of Taobao alone, Taobao’s annual transaction volume in 2015 was 3 trillion!
And since 10 years, the increase of more than 60% has been increasing year by year.
Although the growth rate has slowed down, according to the transaction volume data released by Taobao in 2017, the transaction volume still exceeded 4 trillion yuan. Now, the VRstre tool suddenly emerged. I am afraid that Taobao's transaction volume this year is expected to exceed 5 trillion yuan.
It's like a money printing machine.Jiang Chen sighed.
I think so too.Jiang Shuying nodded in a deep agreement. Do you know how much money we made on VRstre last week?
How much?Jiang Chen asked with interest.
1.2 billion.
He was stunned when he heard this number.
However, Jiang Shuying seemed to think that this number was not shocking enough, so she added, 1.2 billion US dollars.
Recovering from the shock, Jiang Chen smiled embarrassedly and touched his nose.
...If you don't say it, I would have thought it was Vietnamese Dong.
1.2 billion in a week, this is more than just a money printing machine?The money printing machine didn't print so quickly!
What is even more shocking is that the 1.2 billion yuan is still after-tax income.
Although the scanning fee of 1 million items contributed more than half, the number of 1.2 billion still scared Jiang Chen.
You should know that Alibaba has a net profit of more than 7 billion yuan a year, and global e-commerce can already rank at the top.
In just one week, Future Ren Group's VRstre earned the performance that Alibaba needs to complete in a quarter!
What if this is enough if VRstre grows up?
In order to celebrate this victory, Jiang Chen gave a big red envelope to the VRstre project team more than 300 employees, and took them to open a celebration party on the hot spring island.
From beginning to end, this VRstre is a VR program developed independently by these current technicians using the development tools provided by Jiang Chen.
For Future Ren Group, this is undoubtedly a big step towards technological independence.
As of now, only Future Ren Technology has done this in the entire Future Ren Group.
……
The first reaction of vested interests to new things is to reject them, the second reaction is how to stop them, and the third reaction is to think about how to adapt to the trend of the times. However, when they start to think about changes, they who are slow to the times will often be able to be eliminated by the times helplessly.
Bentonville, Arkansas, USA is located in the headquarters of Walmart, the world's largest retailer.
This legendary retail company has a nearly legendary history of making a fortune.
When Fortune magazine released the 2007 Fortune rankings, Walmart ranked first with a turnover of US$35113.9 billion, winning this honor for six consecutive years.
When Fortune magazine began to select the world's top 500 companies in 1955, Walmart was just a mom-and-wife store in the small town of Bentonville.
At this moment, within Walmart headquarters, the board of directors held an emergency meeting to discuss how to deal with the impact of VRstre on the retail landscape.
Which idiot rejected the proposal of Future Ren Technology? We could have taken the ride-hailing VRstre.
It was voted by the board, Mr. Cathero.CEO Macmillan stood up and responded to the director who accused him.
oh?Then what do you mean is that everyone here is idiots?
Don't get me wrong, I absolutely don't mean this, Mr. Catherro.Unless you agree with this yourself.
you!
Dongdongdongdongdong
The sound of knocking on the table forced the noise on the conference table.
The chairman sitting at the top of the conference table, Robson Walton stopped his hands hitting the table with his knuckles, and glanced at the two of them with his muddy but sharp eyes.
Compared to quarrels, we have more important things to do, right?
The elderly Walton family leader has a high prestige on the board of directors. When the old Walton spoke, the directors looked at each other and quickly stopped the meaningless quarrel.
Macmillan spread his hands, opened his mouth, and finally sat back without saying anything.
Yes, Walmart has rejected Future Ren Technology.
Walmart also runs its own e-commerce website, and its scale is among the top three in the United States. However, half a year ago, they did not accept the VR+ e-commerce concept proposed by Future Ren Technology.
As for the simple reason, Walmart's advantages are multifaceted. It can connect its huge physical retail stores with online businesses, thereby providing customers with a full range of services for shopping, so there is no need to use the VR platform at all.
No American would be unfamiliar with the merchandise on Walmart shelves.
In addition, if Walmart supermarkets appear in the virtual reality platform, this will definitely have a major impact on the sales of Walmart's physical stores.
And it turns out that this decision is wrong.
Whether they are willing to accept it or not, sales of Walmart's physical stores will be hit by VRstre.
Refusing to move into VRstre has also made their market share in e-commerce platforms much separated by Amazon and Ebay.
We were originally at a disadvantage when facing Amazon, but now, VRstre has pushed us directly to the bottom.Not just Amazon, Ebay is trying to get away from us.A director shook his head and said.
It's not too late to make up for it now.I will go to Xinguo in person, and later I will ask the secretary to book my flight for tomorrow.Macmillan said.
Not too late?Even if we change our words now, please let Future Ren Technology let us join VRstre, do you think we can immediately enter the virtual reality platform?Cathero, who had quarreled with him, sarcastically said that it took more than half a year to scan 800,000 items. Now we are adding it. I don’t know how many stores are queuing up. Maybe by this time next year, Walmart products will appear on VRstre’s shelves?
It’s impossible for others to put their partners aside and let you, a latecomer, go to the line, right?
I'll convince him.Macmillan said seriously.
ha
Cathero was about to mock him a few words, but Chairman Mr. Walton did not give him a chance to speak and forced him to interrupt his speech.
I don’t have to book a ticket, I will lend you my plane.Don't wait until tomorrow, you go today.
Holding his breath, Macmillan nodded seriously.
yes!
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