Chapter 1308 Some Things Cannot Be Learned
As Thanksgiving approaches, similar topics are getting more and more attention. What is a little surprising is that William White's companies don't seem to have much response to this year's Thanksgiving.
Um, is this because of the attack?
It doesn't seem to matter.
"Boss, that's it?"
"What, Tom, are you weird?"
"Ahem, ahem, boss, everyone is speculating about our promotion plan now. At this time in the past, we have already started an advertising campaign." Fat Cat Tom stopped talking, he was a little dizzy now. I just don’t know if those guys waiting for the promotion will get away with it.
Of course William White wouldn't care about this. World Mall has just started here. He has an interest in woolen yarn promotions. If he likes to buy, buy, but if he doesn't, get out.
Bringing supermarkets to the Internet is such a huge project. He would not rashly try any promotions before straightening out the logistics system.
On the other hand, he does not want consumers to think that it is cheaper to buy in physical stores. Ever since, passive promotion is his current mentality.
Anyway, that's all that matters, buddy, give up some space and see if you can create a miracle. Isn’t it the end of the world? Why buy so many things?
Well, the real reason is simple. The Thanksgiving season of 1999 was a big pit. A bunch of businesses gearing up have not been recognized by consumers.
That being the case, why buck the trend?
As long as it is a new thing, there must be people who support it and people who are against it. For the American people, the Internet business was initially disapproving, and then became a little curious.
As for now, many people are actually panicking.
Yes, compared with those physical business giants, be it Amazon or eBay. The gap between this cannot be calculated by reason. As for that World Mall, ahem, it's William White. If you were to change it to someone else, with this name, you would probably laugh out loud.
So the question is, since the difference is so huge, what else do you need to care about?
Of course, you need to pay attention. In the past two years, the growth rate of commercial sales data has continued to be weak. If the bonus of Internet commerce is removed, this data will be even more disastrous.
Well, the Internet took this piece of the cake.
Regarding this, retail giants led by Walmart are naturally unhappy. Because in their view, this kind of competition is not fair at all. You don’t need a store or sales staff. If everyone's purchase price is the same, this is undoubtedly unfair.
Not to mention anything else, just look at the current physical bookstores and you will know. With the advent of these Internet businesses, the size of various bookstores has been decreasing.
If one day, commercial retail is replaced by this model. Please tell me how to deal with such a huge unemployed population. The number of these people far exceeds that of automobile workers.
Now that the Internet is in full swing, the only discordant noise appears here. Some say that taxes need to be increased, some say that fair competition is needed, and some say that more social responsibilities need to be assumed.
Of course, behind these noises are nothing more than those unwilling old guys.
Indeed, they were a little scared. The widespread closures of bookstores and video stores really frightened them. Coupled with William White's new World Mall, they have reason to believe that this guy was sent by Satan.
As for the reason?
destroy!
With such a mentality, William White still hopes to cooperate. I have to say, this guy's brain is not very easy to use. What he thought was an olive branch was already regarded as a scourge.
"Haha, Charlie. Those who are optimistic about the Black Friday index this year will be disappointed." Buffett took two puffs of his cigar and said with some gloating.
"What should I say? Old man, why do I look okay? Or, William White is planning to do something wrong. In recent years, he has brought many surprises to the capital market, but also brought many scares. .”
Hearing the ridicule in Charlie Munger's words, Buffett didn't care. As a few discerning people, they can naturally see that William White's actions to reduce positions are very obvious.
What you say is actually all bullshit. The only thing that best explains the problem is your personal account.
"Warren, this guy is not shorting. To be honest, I really don't understand. Could it be that, as the rumors say, this guy is making so much money that he can't use it up even if he rolls around."
Buffett shook his head. He didn't think this was the William White he knew. In fact, that guy's greed for money was simply outrageous.
"Aristocratic family, he created a noble family out of thin air. I believe that a hundred years from now, well, this may be the ancestral precepts of the family."
Charlie Munger was silent, he could also think of this. In other words, anyone with a discerning eye can see it.
The White family was not prosperous, but when it came to William White, it was even more like a seedling in a thousand acres of land.
Ahem, if there hadn't been such an adventure, this family, which was quite prominent at the time, would have been destined to be lost in the dust of history.
Of course, Buffett and Charlie Munger can't understand this guy's weird ideas. American society is relatively fragmented, and many people don't take the so-called family glory seriously. Most American emperors are more self-centered, and their wives and children do not play a big role in their minds, let alone family.
Besides, William White, with so many illegitimate children, how will you inherit the family business in the future?
Hey, the two old guys looked at each other, quite gloating about their misfortune. As soon as you kick your legs, you will immediately be attacked by corpses regardless of wearing armor.
"Larry, how is the operation of the database? I feel that the response speed is not very fast. Is there something wrong with our algorithm?"
"Ahem, ahem," Larry Ellison choked. “Boss, this big data calculation method far exceeds what Amazon is using.
The problem now is that we don’t have enough users, so this data is still somewhat distorted. "
"Is that so?" William White was a little confused. He was a little confused, how could something like this happen if World Mall had such a high starting point.
"Boss, it's true. Look at this classified data. We can predict the end-user data when it comes to book sales.
Based on users’ usage habits, we can also push relevant information in a timely manner. Although we talk about AI now, without a large amount of data support, it really cannot achieve the expected goals.
However, even so, the value of this system is immeasurable. "
"Well, maybe it's a flaw in the logistics system. Larry, have you ever thought about what our opponents would look like if the user's waiting time is less than 48 hours?"
Larry Ellison was speechless. It turned out that the boss was not open-minded, but that he was holding back his energy to embarrass Amazon.
Did you see it? Do you think you really learned it?
joke!
A cat acts as a teacher for a tiger. Do you really think he can teach him everything?
childish!
"Boss, I believe it. Jeff Bezos is very surprised now. The book sales they started with are not doing well recently. I think it would be a joke if this guy can't see this."
"Hehe, of course he can see that, after all, this was all done by him. If he is still confused now, what qualifications does he have to be an opponent? Or, this guy is also planning to do logistics by himself!" William White smiled evilly, hehe , demo, let you burn bridges across rivers.