Take a bite of pudding

Chapter 327 Two Fatal Flaws of the Jiangnan Mall

ps: To all the readers, I have something to announce. This book is about to enter a crucial recommendation slot, and it needs to increase its average subscription numbers. Since the author has mostly been releasing four chapters a day, the average subscription rate has dropped significantly. Therefore, starting from this chapter, two chapters will be combined into one, with each chapter being 6,000 words long, until the recommendation period ends. Then, we will return to the original schedule.

So, during this time, please help your poor pudding by boosting the average subscription numbers. Thank you all!

"As expected of Jiangnan Group, their deep pockets and strong backing are truly impressive. They've launched 36 different categories all at once. Except for houses, they seem to be selling everything. Amazing! Truly amazing!" In a conference room, a middle-aged man, smoking a cigarette, said with a worried expression.

"Heh, all these things, we two have diligently operated in the book industry for a full year before daring to venture into the next category of sales. But Jiangnan is amazing, they've directly taken over the entire industry. Compared to them, we're practically rotting in the ground!" someone remarked.

"What can be done about this? Haven't the financial magazines already clearly assessed it? They say the total valuation of all companies under Jiangnan Group has exceeded 2 billion US dollars, which is 16 billion RMB. Even if the three of us were combined, we wouldn't even be a fraction of their size. Of course, we can't expand to the entire industry as rapidly as they can. In the end, it's all about money. If we had this much money and such strong backing, wouldn't we be doing a better job than Huang He, who doesn't understand e-commerce?" someone slammed his cigarette butt into the ashtray with a sour tone.

These three are the bosses of the current top three e-commerce giants in China, Wang Juntao of 8848, Shao Yibo of EachNet, and Li Guoqing of Dangdang.

After deeply feeling the sudden threat from Jiangnan Group, they quickly banded together for this meeting to discuss how to counter Jiangnan Group.

It's important to note that such a scenario was absolutely unimaginable before. After all, the three companies had been fighting each other tooth and nail to grab market share, and having a meal at the same table would have been impossible.

But with the emergence of Jiangnan Group, they immediately united. Indeed, a powerful enemy not only brings war but also peace.

"Everyone, I actually believe there's no need to be so pessimistic. Although Jiangnan Group has entered the market forcefully, it doesn't mean they are guaranteed to win. Aren't there countless examples in this world of the few defeating the many, or the strong perishing?" Li Guoqing said loudly. "Let's not talk about anything else, let's take Jiangnan Group itself as an example. Haven't their 'oo' defeated QQ, which previously dominated the entire market?"

"I remember when Jiangnan Group entered the market, they were still a company owing over a hundred million in debt. Didn't they still manage to take down QQ?"

"Don't be fooled by Jiangnan Group's strength in other industries. In e-commerce, they are complete newcomers who understand nothing. They have huge loopholes, and we can absolutely defeat them!" Li Guoqing stated.

"Oh!" Hearing Li Guoqing's words, the other two immediately showed curious expressions. "Old Li, tell us, where are these loopholes?" Shao Yibo asked curiously.

"They currently have two major loopholes, one of which is in their Jiangnan Logistics!" Li Guoqing said with a smile. "Jiangnan Group has its own self-built logistics, and their service is quite good, managing to deliver to all major cities nationwide within 72 hours. This sounds incredibly impressive, but it will also be a huge burden for Jiangnan Group."

"I've consulted with people from Shentong Express, who provide services to our company. They say that Jiangnan Express is currently losing money to gain popularity. Their cost per order is over 8 yuan, and can even exceed 10 yuan, while the price of a single blind box is only ten yuan!"

"And Jiangnan Group isn't charging any shipping fees for this."

"It's clear that Jiangnan Group is losing money to gain popularity, attempting to differentiate their service experience from ours by starting with express delivery. But they've forgotten, it's easy to go from frugality to extravagance, but difficult to go from extravagance to frugality. If their customers get used to this doorstep delivery service, they will surely demand free express delivery for all future purchases. The more orders Jiangnan Group receives, the higher the shipping costs they will have to bear. In the future, Jiangnan Group will eventually be dragged down and ruined by their express delivery business!" Li Guoqing's words made everyone nod in agreement.

That's right, nationwide free shipping at this time was simply...

"Hoo! No wonder these things are so cheap. I thought all these shops were selling counterfeit or inferior products, which is why they could offer such low prices. So that's how it is, I understand everything now!" Wang Juntao laughed heartily.

"Exactly. It seems we have nothing to worry about. Huang He is so crazy, he's digging his own grave!" Shao Yibo's face showed a relaxed expression.

"Everyone, I think we can also find ways to give Jiangnan Group a little push!" Wang Juntao revealed a sinister smile. "Why don't we spend a bit on their Jiangnan Mall? Not much, just buy a few hundred items. If we can find over a dozen counterfeit or inferior products among them, we can sue them until they can't handle it anymore!"

"Tsk, Old Wang, you're still so devious!" Shao Yibo chuckled, but didn't object to the suggestion.

"No, I don't think we should do it this way!" Unexpectedly, Li Guoqing objected.

"What? Old Li, are you still concerned about your reputation?" Shao Yibo retorted.

"Of course, I care about my reputation. How can a person be shameless?" Li Guoqing sneered. "However, I also want the market share, so this needs to be done, and reporting is necessary. But it shouldn't be done by us, we need others to do it!"

"After all, Jiangnan Group is so massive now. Even if the Jiangnan Mall business is taken down by us, it will be an insignificant loss to them. But we will bear Huang He's wrath. Surely you don't want a billionaire worth billions of dollars staring at us and causing trouble every day!"

"Then how do you suggest we do it?" Wang Juntao asked.

"Simple, we won't be the ones to come forward. We'll hire someone else to do this job!"

"But who would monitor Jiangnan Group and report them for no reason? Even a fool could tell someone is behind it, isn't that like trying to fart to open your pants?"

"No, you've forgotten. There's one person who loves to expose fakes every day, who relentlessly pursues counterfeit goods, turning anti-counterfeiting into a business. If we ask him to handle this, no one will suspect our involvement," Li Guoqing said with a sinister smile.

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"Yo, is that Brother Xu? What made Brother Xu call me? How about we go for a drink tonight?"

"Oh, you're introducing business to me? What kind of business? You can't say it like that. I'm not doing business, I'm not a businessman. I'm exposing fakes for the people!"

"Mmm, I understand. There's such a thing, selling things online behind the scenes without any qualification certification, isn't that ripping people off from the shadows? I get it, I'll definitely investigate. However, you know, with these kinds of things, you need to buy a lot to uncover the trickery. My funds are a bit insufficient..."

"Alright, no problem. As soon as the money arrives, I'll get to work!" In the office of Beijing Dahai Business Consulting and Investigation Company, Wang Hai hung up the phone, a glint in his eyes.

"Jiangnan Mall... the shopping platform under Jiangnan Group... Jiangnan Group... the firefighting hero Huang He!" Wang Hai muttered these names with a smile. "Huang He, if I strip away the facade of you, the top billionaire and esteemed firefighting hero, the world will hear my name once again!"

Wang Hai chuckled, full of energy, and prepared to go out immediately to buy goods. But as he took his first step out the door, he suddenly remembered that this was online shopping, so he didn't need to buy things in reality.

But how does online shopping work? He didn't know how!