Chapter 711: Chapter 255: Meeting Old Ma and Ten Years of In-Depth Partnership with Taojin! (Part 3)
Both sides sat down with hosts and guests in their respective places.
While making tea, Old Ma said, "I must represent Gold Rush Network to thank your company for the tremendous support to us!"
Since the establishment of Gold Rush Network, among the businesses that have joined, New Era is absolutely the most active, even the only one!
As soon as Gold Rush went online, New Era applied to register its online store.
When Wealth Treasure just launched, the back-end showed New Era was the first registrant and the seller in the first transaction.
"President Ma, you’re too kind. After all, New Era and Gold Rush are both local companies in Zhejiang Province. Helping each other is the way it should be, not to mention I’m quite optimistic about Gold Rush’s future. We might even have to rely on the big support of President Ma to earn a few more bucks in the future!"
Su Zelin said half-jokingly.
Old Ma squinted his eyes.
This young man truly understands the art of social interaction, bringing the two companies closer with just a few words, and cleverly set up by saying "helping each other is the way it should be."
In other words, today New Era is greatly supporting Gold Rush, and when Gold Rush rises someday, one would naturally feel obliged to repay this favor.
Otherwise, it would be akin to burning bridges after crossing the river.
But this setup was handled perfectly, achieving the goal without causing displeasure.
As expected from the founder of New Era, indeed extraordinary in many ways!
"Well said, well said, borrowing President Su’s words, I also hope there will be such a day for Gold Rush!"
Old Ma laughed heartily.
After drinking a few cups of tea and exchanging pleasantries for a while, Su Zelin gave Yang Fen a look.
Today they came to the Gold Rush headquarters to see Old Ma with a serious business purpose.
Although he is a major shareholder and founder of New Era, the detailed matters must be discussed by Yang Fen.
Brother Xiao Yang cleared his throat: "President Ma, to be honest, we came to you today to discuss how to deepen cooperation with Gold Rush."
"Oh, please go ahead, President Yang!"
Old Ma was not surprised.
There’s no visit to the temple without a reason; the three giants of New Era visiting together couldn’t simply be to chat casually.
"We think Gold Rush will soon launch online store advertising. We hope to invest five million, pay in full at once, and sign a ten-year value-added service contract with Gold Rush to show our determination in cooperation!"
Brother Xiao Yang stated the purpose of their visit.
Gold Rush’s revenue comes from various value-added services, such as sales commissions, and the series of promotional and marketing tools and activities launched by the platform like express trains, diamond booths, and group purchases continuously create profit for Taobao.
Old Ma’s eyes lit up.
Just like Tencent back in the day, Gold Rush now has some popularity, but how to monetize this traffic is a problem, and they also worry whether store merchants would buy the value-added services they offer.
Unexpectedly, someone came to the door so quickly, and it wasn’t a small deal.
Five million is no small amount these days!
It is worth noting that Ah Li’s first financing back in 1999 was only five million US Dollars.
However, this is a long-term contract, intended to be signed for ten years.
The development momentum of Gold Rush now makes Old Ma vaguely foresee that the enterprise he has created may possibly be extraordinary in the future.
Five million for ten years, from a long-term perspective, perhaps a bit of a loss.
However, right now it is timely fulfillment and assistance in a time of need!
After all, what you have now is just potential, not yet converted into strength, and even Old Ma himself did not expect the future achievements of Gold Rush to be so impressive.
To greedily demand a high price with just potential, that’s something he wasn’t shameless enough to do.
If other businesses and stores really feel that Gold Rush is so exploitative, they will probably all shy away, who would dare to buy your value-added services.
As it currently stands, New Era offering five million to purchase ten years of value-added service promotion from Gold Rush, and even paying in full at once, shows they are already full of sincerity.
If it were another company, asking someone to invest five million to buy your ten-year value-added service, I’m afraid most wouldn’t even consider it.
Old Ma couldn’t hide his excitement,
This is a five-million-dollar deal!
Gold Rush could finally earn a big sum.
Just like how Tencent made its first pot of gold from selling QQ outfits back in the day.
Moreover, Ah Li could boast a little with this.
Look, our value-added service was just launched and someone already bought it, even throwing in five million!
Even though both sides had intentions, a detailed negotiation still needed to be tabled.
The focus of the negotiation lay on how many resources Gold Rush needed to spend each year on promoting New Era, obviously, if New Era demands too many resources, that wouldn’t do.
Fortunately, the negotiations were smooth, the requirements New Era put forth were not excessive, and Ah Li made quite a few concessions.
After all, being the first big deal and the other side being so sincere, one’s own mindset shouldn’t be too small.
Two days later, the contract was successfully signed by both parties, and five million was promptly credited to Ah Li’s company account on the spot.
After cooperation was reached, naturally, the high-level representatives of the two major enterprises couldn’t avoid celebrating with drinks, and on the wine table, they got to know a few among the eighteen knights of Gold Rush.
As for Old Ma, he had become sworn brothers with Su Zelin.
After the banquet, outside the hotel private dining room, with a bit of drunkenness, Old Ma put his arm around Su Zelin’s shoulder: "Younger Brother Su, speaking from the heart, Old Brother has to thank you, this pot of gold gave me great confidence. But rest assured, I guarantee, that your five million will be well spent!"
He pounded his chest with a loud thud.
This was indeed speaking from the heart, something he wouldn’t say to just anyone.
However, Old Ma greatly appreciated Su Zelin.