I'm back in 1990

Chapter 657: Seizing the Throat

As time went on, the number of customers who downloaded and bound their products continued to increase, and the number of online orders also increased. Fortunately, Jiang Bixing had prepared enough goods in advance, otherwise they would have been sold out long ago.

The deliverymen of the Times Logistics store delivery system, managed by Zhou Wei, were extremely busy, but fortunately, the well-established Times Logistics system ensured the delivery of all online orders.

A week later, the online sales model of the era gained great recognition from users, and the online sales amount gradually began to grow steadily.

Jiang Bixing was initially worried that the online boom would affect the sales of offline stores, but the daily customer data from the internal system showed that the sales and average order value of the stores were not significantly affected. On the contrary, the booming online sales made all the offline stores full of customers, thus achieving the initial vision of online and offline complementarity.

Such a significant move by the company naturally caught the attention of some potential competitors.

Jack, who was far away in Hangzhou, learned that Times Commerce had launched the online payment system "Shoujietong" and that it was already running successfully in Shanghai. Although there was no accurate data yet, Jack had managed to glean some information from various channels.

He was extremely shocked and felt immense pressure. He never imagined that his idea had been confirmed by someone else.

The online payment system and logistics system are the key support for his newly established e-commerce platform, but these two powerful tools are controlled by "Times Commerce", the largest retail enterprise in China.

He frowned, pondering how to escape the predicament, and couldn't help but feel a sense of desolation, as if he had failed before achieving his goal.

However, he was not one to give up easily. He quickly adjusted his mindset and threw himself into his work. On the one hand, he continued to try to build his own online payment system. Although this would require a lot of time and money, there was no turning back once the arrow was released. He could only face the challenge head-on and take the gamble.

On the other hand, he used a common tactic in business warfare: poaching talent. He arranged for HR and headhunting firms to frequently contact the middle and senior management of Times Logistics, intending to poach them with high salaries and lucrative stock options.

Furthermore, he organized a team to conduct a special study on the existing logistics system of Shidai Commerce. After the study, he came to the conclusion that Shidai's logistics system was quite scientific. He couldn't help but have the idea of ​​learning from it, but due to his limited funds, he was unable to put this idea into practice.

After the trial operation of "Shoujietong", Jiang Bixing would report the daily and cumulative data to Huang Xiaochuan in detail, because he was the only one who understood Huang Xiaochuan's business strategy layout best.

That day, he came to Huang Xiaochuan's office as usual to report on the current progress. After listening, Huang Xiaochuan suddenly said, "Old Jiang, I plan to open 'Shoujietong' to other commercial platforms in the near future."

Jiang Bixing was stunned. If he did that, wouldn't that be cultivating a competitor?

Seeing Jiang Bixing's expression, Huang Xiaochuan guessed what he was thinking.

He continued, "Our online payment platform, although initially built for our own business ecosystem, cannot solely serve Shidai in the future. We need to create a competitive environment with multiple players, not allow Shidai to dominate. Otherwise, it will bring unnecessary trouble." (Chapter 657: Holding the Throat Updated! Read Now:)

As he spoke, he handed Jiang Bixing a research report from the Hong Kong Economic Research Institute.

This report, titled "The Double Helix Effect of E-commerce," is a very in-depth research report that used supercomputers and more complex economic operation models to obtain a large amount of data.

The report analyzed the speed and scope of e-commerce platforms replacing traditional business jobs. It was originally thought that for every new job created by e-commerce, traditional businesses would lose four to five jobs. However, the final report reached an even more alarming conclusion: the replacement rate reached a point where every new e-commerce job resulted in the loss of seven traditional business jobs.

The report also provides a detailed description and analysis of the wealth funnel effect. The report concludes that while the disorderly development of e-commerce has a very strong creative destructive energy, it cannot be denied that e-commerce will bring great efficiency improvements to society in the future and allow consumers to enjoy a lot of convenience.

However, e-commerce also has its hidden dangers, such as its impact on employment, the excessive concentration of wealth in the hands of a few through e-commerce platforms, and the hollowing out of a considerable number of regions.

Relevant government departments still need to guide and regulate this emerging business model of e-commerce, and cannot allow it to develop in a disorderly manner.

Moreover, this research report not only identified the problems but also offered some reasonable solutions.

For example, we need to be wary of e-commerce platforms abusing their advantages to exploit platform users. Platform operations generate a large amount of data, and strict regulations are needed to prohibit the abuse of this data.

There's also taxation. Regardless of which city the e-commerce platform is located in, as long as the e-commerce transaction takes place locally, the consumption tax must remain in the city where the buyer is located, not in the city where the e-commerce platform is registered.

Finally, no matter how many online payment systems emerge in the future, they must all be under the control of the national financial regulatory authorities.

It took Jiang Bixing more than 30 minutes to read through the research report. For him, some of the contents of the document had already been discussed with him by Huang Xiaochuan.

But the job replacement rate figures still surprised him greatly; if it was really as described in the report, it would be terrifying.

At this moment, he understood Huang Xiaochuan's intention in establishing the logistics system and the online payment system. However, he wondered if the difference between this business genius's thinking and that of ordinary people was really that great.

E-commerce has only been around for a few years, yet Huang Xiaochuan has been so wary of this emerging business model and has used so many methods to suppress its development.

Based on his unconditional trust in Huang Xiaochuan over the years and his business acumen and skills, Jiang Bixing ultimately decided to implement Huang Xiaochuan's plan to open up the "Jietong" (a business alliance) to the outside world.

"I understand. When the time is right, I will announce that 'Shoujietong' can provide interfaces to external platforms, and integrate this system into as many business platforms as possible."

Huang Xiaochuan smiled. His plan had already begun to show results. With logistics and payment systems in hand, he had grasped the two key aspects of the future of e-commerce. Next, he needed to publish the research report, combining theory and practice in one fell swoop.

Currently reading Chapter 657 of the novel "Cola": Holding the Throat in Hand, Immersed in It and Unable to Extricate Oneself.