My Age of Investment

  Chapter 95 Getting Better

  The students waited for a week and finally got good news.

  New items on Facebook Amazon store!

  Countless students flooded into the online store and found that T-shirts had several more styles. Although they also had printed logos, they looked even better than the last batch of T-shirts.

  Buy, you must buy!

  Some students placed a few more orders, bought one of each style of T-shirt, and made up the Facebook family bucket.

  The price is not expensive anyway, it is still US$9.9!

  Originally, a student bought a T-shirt, mainly because of fans’ support for the website. The quality is secondary.

  But when they see the real thing, they realize the law of true fragrance.

  Many students have changed their minds. They are no longer just out of hobbies, but actually take Facebook T-shirts as a commodity. They start to compare prices, quality, and styles.

  This change in mentality has once again stimulated the growth of T-shirt sales.

  From a few hundred pieces sold daily to two thousand pieces, to five thousand pieces now.

  The most intuitive feeling is that Facebook’s originally tight cash flow has become more and more abundant.

  Even Blackburn called again and solemnly talked about the deep cooperation between Amazon and Facebook.

  On campus, groups of students wearing Facebook T-shirts appear in classrooms, cafeterias, libraries... and everywhere in the school, forming a unique landscape.

  Basically, every university’s souvenir shop has T-shirts printed with the school’s badge. The price is not expensive, but the quality varies.

  Before, many students wanted to be cheap and convenient, and they wore T-shirts like this in summer.

  But now many students basically don’t wear the T-shirts sold in the school’s souvenir shop.

  Because Facebook’s T-shirts are cheaper, better quality, and more styles.

  Old man John looked at Xia Jingxing who walked into his office beamingly, and said with a smile: "Congratulations, Darren, your "T-marketing" is a great success.

  Some principals of other schools called me and told me that Facebook’s T-shirts are selling too well, and their school’s own T-shirts can’t be sold anymore.

  Then I suggest that they don’t sell their school’s T-shirts, and directly ask you to get a batch of Facebook T-shirts and put them on the souvenir store..."

  Xia Jingxing shrugged and said solemnly: "If they come to me to buy goods, I can give them a 50% discount."

  Old man John waved his hand and laughed, “Just kidding, don’t take it seriously, those people are more stubborn than anyone else.”

   sighed for a while, the old man John asked: "Has the number of users exceeded two million?"

  Xia Jingxing nodded slightly, "Yes, it broke through 2 million a few days ago, and now the exact number is 2.1 million."

  After confirming this number, Old John couldn’t sit still. “It broke through one million users last month, right? In just one month, another million users increased?”

   "Yes, sir, you heard that right, you are now a shareholder of a website with millions of users!"

  Xia Jingxing learned the tone commonly used by Americans, and her tone was grandiose and funny.

  "What about the coverage of universities? How many universities are the 2.1 million people distributed in?"

  Old man John quickly digested this explosive news and began to pay attention to the coverage rate again, because this is also a very important reference indicator.

  "At present, more than 2,000 universities are initially covered, and each university has at least one registered Facebook user.

  In other words, we have entered 70% of colleges and universities in the United States.

  The coverage rate is relatively high. Registered users of Facebook account for more than half of the total number of students in the school. There are currently more than 400 universities.

  The seeds of more than 400 universities have been planted. In the next one to two months, it is expected that it will bring us at least one million new users, achieving nearly 100% coverage. "

  Old man John nodded, "Very good grades, but there are still 30% completely blank schools. What is the situation?"

   "Without contacting the clubs of these schools, students may not know that there is a website like Facebook.

  But don’t worry, when the surrounding schools of these schools are gradually occupied by us, it will be sooner or later that they will fall into the arms of Facebook. "

  Old John smiled, “Yes, as long as Facebook can capture half of the market for American colleges and universities, the other half will actively or passively join in.

  This is an iron law, you cannot violate it! "

  Xia Jingxing nodded, "Yes, reaching this step is equivalent to seizing the commanding heights of the university market, and other opponents will be blocked by us and unable to get up."

  "I want to know, how long will it take to achieve this step?"

  Old man John stared at Xia Jingxing's eyes and asked very seriously.

  "The holiday is coming soon, and students will leave the campus, which may cause a little trouble for our plan.

  However, by the end of the year at the latest, it will certainly occupy half of the market for colleges and universities in the United States! "

  Xia Jingxing's words were loud and loud, showing extraordinary self-confidence.

  He might not be so confident before he sold T-shirts.

  But the popularity of T's made him see the hope of surpassing Xiao Mazi's Facebook.

  "End of the year~"

  Old man John tapped his fingers on the tabletop, and groaned repeatedly.

  "On Dating.com, are you paying attention?" The old man asked suddenly.

  Xia Jingxing replied calmly: “I have been paying attention. Their current number of users is less than one million, which is far from a threat to us.”

  "I entrusted a friend to inquire about this website. The development speed is very fast. Don't underestimate any opponents who seem to be weak at the moment.

  When they don’t look weak anymore, you have already lost. "

  Old man John has a serious attitude. He is imparting his many years of business experience.

  If it's just an average student, it won't get him so much attention.

  Xia Jingxing smiled and said: "They are developing, and we are not standing still!

  We are now on two tracks with different starting points, and it will take a long time to reach the end.

  Until the last minute, no one knows who the champion is. "

  Old man John nodded, and the reminder is in place, there is no need to repeat it.

  Some time ago, he was a little worried about Facebook being overtaken by Dating.com.

  However, the success of T-Ying's marketing made him let go of a lot of worries.

   "How about the funds on Facebook now? After selling so many T-shirts, it should be able to sustain it, right?"

  After investing, the old man seldom got involved in financial matters, and he did not put a financial adviser to Facebook.

  On the one hand, the scale of the company is small, so it is unnecessary.

  On the other hand, Xia Jingxing and the others also regularly emailed the accounts of operating expenses to the two investors for review and inspection.

  The most basic trust is still there.

  Xia Jingxing said with a smile: “The last batch of 68,000 T-shirts, Amazon has already settled all the accounts to us, totaling more than 572,000 U.S. dollars.

  Additional orders, air freight, customs duties, etc., all these money was spent in a hurry.

  Only a few hundred thousand U.S. dollars are left on the account. If the second batch of 233,300 T-shirts are sold out, nearly two million U.S. dollars can be returned. "

   "Really? Two million, which is really good news."

  Old man John is full of joy. If everything goes well, once the money arrives, Facebook will be officially profitable.

   Regardless of the profit, at least it is profitable.

  On this point, I don’t know how many start-up Internet companies have been killed in seconds.

  But in the long run, as Facebook continues to expand, it will definitely fall into a loss again.

  After all, sales of T-Yu are limited, and they can be sold every summer.

  As for selling winter clothes, it is more difficult, and the current Facebook is definitely too much.

  "How's Amazon doing? How many new users did it bring them?"

  Old man John cared about this.

  "More than 20,000 new users!"

  Xia Jingxing smiled, "Mr. Blackburn is very satisfied, and will fly over to discuss the new contract the day after tomorrow!"

  "The price quoted last time was too low, I have to add money this time!"

  Old man John had a serious face, so Xia Jingxing could not tell whether he was serious or joking.

"Not so good?"

  Xia Jingxing looked embarrassed, “Our company is too small, and I have no personal reputation, but I can’t convince Amazon’s executives.”

   "The benefits Amazon gets from us are far beyond your imagination."

  Old man John smiled meaningfully, how could Xia Jingxing's careful thoughts conceal him.

  He waved his hand, "Well, I will accompany you to attend the negotiation this time. Just rest assured and boldly make a price. I will help you."

   "Then...it's so happy to decide!"

  Xia Jingxing also laughed, what he was waiting for was the words of the old man.

  Old Man John was present, he dared to learn from Brother Crow to lift the table.

  (End of this chapter)