Chapter 480: Cooperating with Old Wang Next Door
"Wang, you've been back in China for half a year now; haven't you thought about doing some real business?"
Without any warning, Shen Yan suddenly blurted out this sentence.
Wang Sicong's mind stirred; this was clearly an attempt to rope him into a business venture.
He responded decisively: "How could I not have thought about it? It's just that I haven't found a suitable project yet. Old Shen, if you have a good idea, count me in."
Sure enough, Shen Yan's next words confirmed his suspicion.
"Now that you mention it! I actually do have an idea."
Last night, Shen Yan suddenly thought of a great way to drive traffic to Easy Pay—online ticketing.
For this reason, he specifically went online to search for relevant information.
In 2008, China's first online ticketing platform was born, opening the door to online movie ticket purchases, but since not many people watched movies back then, the platform remained lukewarm.
However, starting from last year, the film industry entered a fast-track of development.
After 2010, various group-buying websites will spring up like mushrooms after rain, which will completely pull back the curtain on online ticketing; right now is the perfect opportunity to enter the market.
Shen Yan hoped to use this to connect an online ticketing window to Easy Pay, thereby drawing in a wave of traffic.
Wang Sicong hurriedly asked what the idea was.
His old man was a big shot, so he couldn't be too much of a loser, right? He didn't want to be that kind of playboy second-generation heir; at the very least, he wanted to achieve some commendable results.
In the future, when others mentioned him, they wouldn't just say he was the son of Wang 【XX】, but rather the chairman of some company, or that he had invested in projects that made a lot of money.
"The film industry has been booming over the past year. Every holiday, there are long lines at the entrance of movie theaters. Don't you think this is a market full of demand?" Shen Yan hit the nail on the head.
Wang Sicong had a flash of inspiration, and the four big characters "online ticketing" appeared in his mind.
In fact, online ticketing platforms appeared in the United States a long time ago, but few people bought tickets there, simply because online tickets were more expensive than offline ones.
And this situation clearly did not apply to the domestic market conditions.
"You mean to create an online ticketing website?"
Shen Yan smiled faintly: "Exactly! With the unique advantage of Wanda Cinema Line, creating a ticketing platform will be a breeze for you."
In an instant, Wang Sicong became incredibly excited, every cell in his body jumping wildly.
How had he not thought of that!
This market was indeed very malleable.
"Old Shen, you must have had a plan in mind for a long time. Just tell me how to do it; if there's money to be made, we'll make it together." He got straight to the point to express his willingness to cooperate.
Shen Yan didn't beat around the bush: "My idea is this: first, the purpose of the website is very clear—to make it convenient for the public to watch movies. Through the platform, users can check showtimes and ticket prices at any time, select seats in advance, rate movies..."
"Another point: our country has a huge population. If you book tickets online, you still inevitably have to line up to pick them up offline; that efficiency is too low."
"So I suggest imitating airlines and designing a self-service ticketing and collection operating system to achieve a fully integrated, intelligent process for buying and picking up tickets."
Under Shen Yan's explanation, Wang Sicong had a clear understanding of the ticketing platform.
It had to be said that this concept was brilliant; from purchasing the ticket to finishing the movie, and then leaving a review for others to reference, the entire process was more advanced than those abroad.
And it wasn't difficult to implement.
From the user's perspective, this ticketing platform would definitely be very popular.
It would greatly facilitate the movie-going process.
What was truly amazing was the idea of imitating airlines to design a self-service ticketing and collection operating system.
Looking across the country, currently only airlines had such intelligent equipment; in the past, whenever he took a flight, he would marvel at how technology kept pace with the times.
But he had never imagined that this kind of operating system could be applied to other industries, such as buying movie tickets, or perhaps... train tickets.
"Slap!" Wang Sicong slammed his thigh and said excitedly: "Old Shen, you are truly amazing. I've never admired anyone my age in my life, but you are the first."
"Good! Good! It's a good thing you're not a woman, otherwise I'd suspect you'd fallen in love with me." Shen Yan joked on the other end.
"Get lost!" Wang Sicong rolled his eyes at him and said again: "I'll go ask my dad for the startup capital later, and we'll have a good go at it."
"As for the shares... how about we split them fifty-fifty?"
Shen Yan didn't care much about the ticketing website and said casually: "Let's split it like that. I won't take advantage of you. Once the website is created, I'll drive traffic to it from Kuaida Delivery."
Hearing this, Wang Sicong's eyes lit up immediately. Kuaida Delivery had tens of millions of users, mostly students, and every one of them was a netizen at the forefront of the times.
Once a large amount of traffic was drawn in, combined with the resources of Wanda Cinema Line.
It was like the white and black keys of a piano, compensating for each other's melodic flaws.
This business was definitely worth doing.
Before he even got home, Wang Sicong made a phone call to his father far away in Beijing.
Upon learning that his son was preparing to do something serious, that the plan was highly feasible, and that he was cooperating with Shen Yan, Wang gave his full support.
Without a second word, he immediately transferred ten million as the project's startup capital.
With the money in hand, Wang Sicong started preparing for the company matters with great enthusiasm, naming the website "Wanda Film" to represent that it was an industry under Wanda.
This would make it easier to gain the public's trust.
Just like the Xiaogu Company of later generations; as long as any product they produced carried the two characters "Xiaogu," countless fans were willing to pay for it. The brand effect was evident.
Shen Yan didn't manage the ticketing platform much, occasionally offering Wang Sicong some guidance.
Playing the role of a teacher.
The core of his career remained Kuaida Delivery and Easy Pay.
Of course, the investment business couldn't be left behind. With the 170 million remaining in his stock account, plus the income from Yancheng Clothing Factory and the delivery platform.
Shen Yan poured it all into Guizhou Moutai, and now his savings had reached as much as 300 million.
What should he invest in next?
Now, sitting on such a massive user traffic base from Kuaida Delivery, Shen Yan already had the capital to negotiate with others.
As an internet product, you don't have to be short of money, but users are always the foundation of your existence.
The goal he had set initially was to invest in Vipshop, iQIYI... Right! How could he have forgotten DJI? This was a future Fortune Global 500 company.
At present, it seems they are still developing their first product, making this the perfect opportunity to provide timely help.
Thus, Shen Yan contacted He Yichen and entrusted the matters of investing in the three companies to the Yuan Xianghe Law Firm.
The negotiation process had many twists and turns, but by the end of August, Shen Yan had spent a total of 100 million RMB to successfully acquire 5%, 15%, and 20% stakes in the three companies.
Time flies like an arrow, and before one knew it, the two-month summer vacation had come to an end.
Students packed their bags one after another and set off on the road back to school.
End of Chapter
