Bilibili Boss Xu Yi Visits

The two hands separated less than two seconds after gripping, and Lin Feng then introduced the internal situation of the company to Qu Qiongying. Hearing this, Qu Qiongying shook her head greatly.

In Qu Qiongying's opinion, the current situation of Xingtu Technology, both internally and externally, was extremely bad, simply a mess.

Firstly, the internal management of the company was chaotic, with management systems practically nonexistent. Furthermore, the production environment was dirty, disorganized, and lacked clear responsibilities.

In addition, Xingtu Technology had no marketing team at all. The only teams remotely related to marketing were the small customer service teams for Taobao, Tmall, and JD.com.

As for the external environment, Xingtu Technology's sales had actually begun to slow down, and the fatal crisis was starting to emerge.

The free advertising from the "I Love Invention" program and the negative public opinion stirred up by Professor He, although the final outcome was good.

After all, Xingtu Technology had successfully sold 100,000 units in a short period, up from the initial sales of just over two thousand units.

This resulted in a pre-tax profit of 31 million yuan for Xingtu Technology. If they hadn't outsourced the production of the Handwriting Robot, the profit would have been even higher.

Theoretically, selling so many units should be a good thing, but the problem was that this surge in sales was too intense.

The Handwriting Robot was, after all, a niche product. These 100,000 units had effectively sold off nearly one to two years' worth of future sales in advance.

The consequences of this sales overdraft were already evident. Previously, they could sell over two thousand units a month.

According to the current sales decline trend, in two months, they would sell at most just over a thousand units, a drastic drop in sales.

This was because everyone who wanted to buy one already had, and those who didn't want one wouldn't buy it. This was the fatal flaw of niche products.

Niche products were destined to serve a niche market, which limited their sales volume and growth potential.

In this situation, Xingtu Technology had two paths forward. The first was to advertise.

But what advertising effect could compare to the previous "I Love Invention" program and the negative public opinion events stirred up by Professor He and others?

As for the second path, it was to explore new markets. If one gold mine had been depleted, then go to a new gold mine to continue extracting gold.

However, this path was not easy to navigate. After all, the national conditions of each country overseas were different, and each country had its own characteristics.

Something that sold well in one country might not sell well in another due to different national conditions, thus carrying the possibility of failure.

And failure would mean that all the advertising fees, marketing expenses, and branch construction costs for exploring new markets would be wasted. Therefore, the risk of expanding into overseas markets was very high.

However, none of these difficulties could stump Qu Qiongying. The situation faced by DJI Drones back then was not much better, equally dire.

After all, Little Xinjiang Drone, founded in 2006, was actually just a small company, and drones were also a niche product.

But Qu Qiongying still successfully found the market positioning for drones through her own abilities.

Ultimately, through creative advertising and precise ad targeting, she managed to get Little Xinjiang Drones into the hands of consumers at the lowest possible cost.

With this achievement, which changed the future destiny of Little Xinjiang Drones, Qu Qiongying rapidly rose to become the Marketing Director of Little Xinjiang Drones Company.

Suddenly, from a distance outside Lin Feng's house, the roar of motorcycles and the sound of car engines grew closer.

"Old Ma."

Hearing the sound, Lin Feng and the others noticed the person arriving on a motorcycle. It was Old Ma, the neighborhood committee director.

Approaching Lin Feng, Old Ma smiled and explained the situation.

"Lin Feng, this is Xu Yi, the boss of Bilibili. They just found us and asked for help with directions, so I brought them over."

"I see."

Nodding slightly, Lin Feng stepped forward and greeted Xu Yi, the boss of Bilibili.

"Hello, it's a pleasure to meet you. Your act of establishing Bilibili back then was a historical event worthy of being recorded in history."

"Not at all. Compared to me just establishing a small website, your invention of the Handwriting Robot and the Coin-style Electromagnetic Rifle are truly worthy of being recorded in history."

After speaking, Xu Yi extended his hand, and the two shook hands, both smiling.

"Come, let me introduce you. This is Qu Qiongying, the general manager of my company, and this is my mother, He Xueqing."

Lin Feng smiled and introduced the people with him to Xu Yi, the boss of Bilibili. As for Lin Feng's father, he had gone to BiyaDi's contract manufacturer to oversee product production.

BiyaDi was the manufacturer that produced the Handwriting Robot for Xingtu Technology. Xu Yi also smiled and introduced a partner he had brought along.

The reason for having a partner was that before He Rui joined Bilibili in his previous life, Bilibili had struggled to find a path to profitability for a long time.

During this period, Bilibili's daily operations could only be sustained by continuous financing. Because of this, in his previous life, founder Xu Yi only held 13% of the shares by 2024.

As they introduced each other, both parties arrived at the reception room on the third floor. After they were seated and his mother went to prepare tea, Lin Feng couldn't help but ask the question on his mind.

"May I ask why you've come this time?"

Upon hearing this, Xu Yi took out a contract from his bag and then said with a smile:

"Actually, we've come this time to cooperate with Boss Lin. If Boss Lin agrees to only release videos and live streams on our Bilibili for the next 20 years in China, we can offer you 0.5% of our shares as a gift."

Ever since Lin Feng's live stream directly took nearly 30% of Bilibili's traffic last time, Xu Yi had deeply recognized Lin Feng's potential and terrifying capabilities.

To prevent similar situations from happening again, he had to tie Lin Feng to Bilibili.

This way, not only could they continuously attract traffic through Lin Feng, but Bilibili would also gain an additional trump card.

"0.5% of the shares?"

Lin Feng fell into thought, and no one could discern his thoughts.

At this moment, Qu Qiongying glanced at the pensive Lin Feng, then thought for a moment, and suddenly spoke.

"Mr. Xu, isn't 0.5% too little?"

"It's not little. My current shares don't exceed 40% either."

Xu Yi quickly shook his head.

If not for Lin Feng's immense influence on Bilibili right now, and seeing Lin Feng's astonishing potential through a series of events, he wouldn't have wanted to give him any shares at all.

After all, just this 0.5% stake could fetch millions in funding, giving Bilibili enough operating capital to last for one or two months.

However, Qu Qiongying ignored Xu Yi's headshake and continued on her own:

"Before I joined Xingtu Technology today, I spent the last two days gathering a lot of intel and have come to understand our boss's situation and his talent.

Currently, our boss has already reached 610,000 followers on Bilibili, 380,000 on AcFun, 210,000 on Youku, and an even more impressive 3.41 million followers on Weibo!

It can be said that our boss is already an internet celebrity. While his fame might not be on par with singers and movie stars, he definitely possesses significant power to draw in traffic.

I think Bilibili's traffic over this period must have increased by several times, possibly even doubled, compared to before. All that new traffic was brought in by Lin Feng!"

Seeking recommendation votes, monthly votes.