Amazon Wang Hanhua: Admire Liu Qiangdong For Exposing Bad Habits In The Industry

December 21st,

Wang Hanhua announced for the first time that Amazon plans to launch a platform and other businesses can open stores.

At present, the invited businesses can join the Amazon platform. They are in the trial operation stage and are in good operation. They will be launched in the first quarter of next year.

Amazon is also hurt by industry monopoly.

Wang Hanhua said at the Longmen arena, "why does this book price war happen? We should pay more attention to the background of price war.

I admire Liu Qiangdong's exposure to bad habits in the industry, and monopolize the behavior so that the publishers do not supply and suppress their competitors.

Asked whether Amazon was also under pressure, he admitted: "Amazon has also been hurt."

"In any industry, we want to have a fair competition environment rather than compete against laws, which is the underlying reason for price war."

Respond to price war: do you dare to provoke me to follow up?

Wang Hanhua said that he did not agree with the price war, because the price war was only beneficial in the short term, but in the long run, the price war destroyed the whole industrial value chain.

"Amazon's business philosophy is" genuine goods, low prices every day ", in order to ensure low prices every day, anyone will provoke price war, we will follow up.

He disclosed that he had negotiated with the publishing house, hoping to avoid the price war and chose to follow up without any result.

In December 21st, after Dangdang and Jingdong mall opened 40 million and 80 million promotions respectively, Amazon announced that it would spend 100 million yuan to launch a large-scale promotion plan and extend the lowest price to 28 commodity categories, including books.

Want to break the unsuccessful mantra of the pnational Internet Co in China

Wang Hanhua said that China's Internet has a pattern. Multinational corporations, especially foreign Internet Co, can not succeed. "I want to say a word here, I want to break the curse here," Wang Hanhua said.

Answer the three questions of consumers: are they expensive, expensive or fast?

Wang Hanhua believes that the next 5 years will be the 5 year of e-commerce. The essence of e-commerce is simple, that is, to solve the needs of consumers and answer three questions of consumers.

The first question is: is there anything I want to buy on this website? The second question is whether the price is competitive; the third question is when to receive the goods.

If you arrive faster than other websites, consumers will choose you.

"When the industry is developing vigorously, there are many temptations, many hot headed people and lots of money. The competition is very complicated. We should focus our energy on the persistent demand of consumers.

He said.

Comment on the listing boom: Wall Street's hunger for Chinese assets

Wang Hanhua believes that the tide of China's e-commerce listing is related to China's position on the international stage. The whole Wall Street is hungry for Chinese assets. The next 10 years will be the 10 year of BRIC development, and China's investment risk is the smallest.

He believes that listing does not mean success. Listing is not the ultimate goal. It is the victory of the battle, not the victory of the war.

To deal with the two extremes of stock price rising or letting go a thousand li, we should not be happy or sad. The key is how to operate after listing.