Chapter 1208 - Prodigal

“When the packages arrive in the designated cities, won’t there be many parcels from other cities that will be transported to this city to split the costs of those parcels traveling to another secondary city? Similarly, if this continues… How much do you think the actual transportation costs? I dare say that as long as there are more people shopping online, charging 12 yuan per person is more than enough to foot the transportation bill while also letting us reap a huge profit.

“When we fully implement this model, we can also create a VIP channel. As long as we raise the payment from 12 yuan to 20 or 30 yuan, we can ensure that the goods arrive within 24 to 48 hours. That way, even if we have to transport some items in a very short time, it will be enough.”

All the higher-ups were shocked. They were silent for a long time as they lapsed into a silent agitation.

Grandpa Leng was also very excited.

As a successful businessman who had dabbled in business for 50 years, he subconsciously felt that his grandson’s idea was amazing. If he handled it well, the grandson of the Leng family might open up a new era in the economy of Camino.

It depended on whether he could turn his ideas into reality.

Grandma Leng and Selina, on the other hand, looked very pleased with themselves.

After all, these two worshipped Leng Qirui blindly.

Even during Leng Qirui’s most rebellious period, Grandma Leng thought that her grandson was the best. Therefore, she thought that what Leng Qirui said was very normal. After all, Leng Qirui was her grandson, and he was definitely different from other businessmen.

As for Selina, she was more blind. Although she was the vice president of so many companies, she had never really attended any board meetings or any business decisions. Even if she joined any, it would be for fun.

This time was the first time she had truly listened to the decisions made by the meeting after following Leng Qirui out.

Hearing that, Selina’s admiration for her Young Brother Leng rose to a whole new level.

What a prodigal businessman!

It was no wonder that he could win every game he played. Every time, he could organize a team and maximize everyone’s role according to their strength.

“Of course, whether it’s the online shops or logistics companies, we’ll only lose money at the start. After all, the merchants won’t know how useful our platform will be in the future. If we keep asking them to pay, they’ll probably think that even a station fee that costs 1000 bucks is expensive.

“Therefore, in the early stages, what the employees of the marketing department have to do is to allow merchants to sign up on our website unconditionally and set up virtual shops on our website. Then, through our platform, they can sell things online.

“As for logistics, there won’t be many buyers in the beginning, so we have to shoulder both personnel and transportation costs.

“However, as you can imagine, when everyone knows about this platform and familiarizes themselves with it in one or two years, will the merchants choose to leave when there are so many consumers around? As more and more merchants sign up, and as more and more consumers rely on this platform, we’ll have successfully monopolized the market.

“Everyone here is a senior executive of our company, so you should be able to understand what it means for a company to monopolize the market.

Therefore, doing business at a loss for a year or two is a process of laying down stepping stones for our future by slowly accumulating trust. “