Going Into the World!

Octopus expansion is not necessarily a bad thing. It would be problematic if this were to be called indiscretion, but if GE were to rank 1-2 in every field as GE seeks, it would provide a new opportunity. Right now, J-Tunes is a combination of my record company, my Internet and software expertise, and my electronics company, so I'm eating sweet fruit that sells to terminals.

This is the "synergy effect" through the expansion of the true octopus appearance I seek. Of course, the problem is if the inner room becomes poor, but the Johnstone group is well-funded and I am not as reckless as I am greedy but not reckless.

Pizza.com was aimed at activating the online ordering system and the checkout payment system, which was thought to be a new money line rather than its own purpose. I can't imagine how many people order food over the phone in this big America. Even if only some of these people use our payment system, tens of millions to billions of dollars will come in a year.

The idea is to build a system that leads to payment, coupon and J-point management from online orders, and then take one step further to expand J-point cards to gas stations and general restaurants.

By selling handsets here, you can dominate the online commerce network across the United States and discover new opportunities. With this intention, Pizza.com, which began recruiting more than 500 merchants to retailers, soon grew to 2,000 merchants. In fact, I never imagined I'd be so popular.

Honestly, I started, but the more I planned, the more I thought, "Who would bother ordering pizza online?" It won't take long to call. ’However, when I opened the lid, it had unexpected results. I called a meeting to analyze the causes of my success and determine the direction ahead.

When I look around at the attendees, I can once again see the benefits of expanding the octopus. Johnston Consulting, Johnstone Electronics, President of the Johnstone Card and the associated executives of Myway, and the Planning Director Polo and the Marketing Team Leader sit around the long conference room table.

Looking at people's faces, I thought that we have everything we don't, so when we're working on the project, we just have to pick out what we need and move on.

Polo, the planning director, briefs me on my progress first.

"Pizza.com, which we have just launched as a pilot to go offline, is getting a better response than I thought. For the first reason, this is an avatar decoration and beta-testing avatar chat and social game launched by Myway. Avatar decoration is popular among young people, especially students, even when they order pizza to collect coupons or points for purchases in the Avatar Marketplace."

* Splash, splash, splash *

As I applaud, the executives sitting in the chair huddle and repeat. After a round of applause, Polo gives a proud smile and lowers his head slightly. The executives of the Johnstone group either managed to go back and forth to Korea or to bow slightly under the influence of guests who came to visit me from Korea. This is more natural for those who are close to me.

"Connecting Pizza, Avatar and Novel Games was a great plan. We took advantage of the Johnstone Group's advantages in the marketing of pizza consumers. Go ahead."

"If we analyze the merchants' data, we can see that students often come to the store and ask for coupons and J points, even if they didn't order online, so there's a lot more to issue coupons and earn J points than online orders. Coupons or points issued in stores receive a 0.5% commission, which is 50% of the total sales. ”

Ohh!

Elasticity comes from the mouths of the sitting executives. Neither do I. This means that offline sales are 50% regardless of Pizza.com. People who report, people who receive reports, and things like that are really nice to talk about and to listen to. I had little expectations, but when I had unexpected results, my joy doubled.

“Exactly how much is your total sales?” I asked the first question.

“The cost of signing up is about 360,000 dollars. And the fee came in last month at 230,000 dollars. The merchant still has a steady increase in subscriptions, so I think by the end of the year the subscription fee will be 20 million dollars, and the monthly commission revenue will be about a million dollars. ”

Although only the first month's merchants received $1,000 in subscription fees for 50% off, they received $2,000 from the second month, and now they have $3,000 in guaranteed benefits.

The reason for the increase in the subscription fee was to ensure the interests of existing merchants, but the profit would decrease if the merchant entered the same neighborhood. Psychologically, "I still made it cheap! to have the idea."

“This is expected to be everywhere, but the net revenue will be anywhere from 15 to 20 million dollars. Computer processing is done by Johnston Consulting, which is not expensive. And the rate of return on monthly fees is over 40%. The vast majority of the revenue is still linked to profit. ”

Polo has a detailed projected revenue stream in front of me, using a system that has already been built for the JTunes Web Store, and using the existing production line to create a handset, it is very cost-effective.

"Okay, okay. Thank you all very much."

I felt happy because I had free allowance. $20 million at best right now, but it's going to be huge. I looked around and everyone was warm in the meeting room with my compliments.

Some people sitting here receive salaries of at least hundreds of thousands of dollars, as much as 10 million dollars. Of course, I work a lot as much as I earn a lot of money, and I also spend a lot of time trying to accomplish things. It's because I'm standing in line to hit and climb.

CEOs and executives of many US companies tend to rely on short-term interests rather than the future of the company because they need to satisfy their shareholders immediately in order to justify their salaries and bonuses. However, the Johnstone Group, like my own, unwittingly sees my eyes as only one shareholder. The performance standards depend on what I think.

"Chairman, how about issuing a Student Card or Youth Card? When students purchase music on J-Tunes, they are most likely using their parent's credit card or checkout account. And Pizza.com needs parents to order, so there's a lot of restrictions on how it works. If you have Uscade when your parents give you allowance, you may be able to lead a healthy consumption life within the limits of that use. We can naturally increase our sales."

Alvin, who was only listening during the meeting, carefully gives his opinion. Alvin previously worked for American Express, and this year John Stone Card was assigned to the Americas branch office when he moved to North America as a "J Point." I have heard that I have worked primarily in the card industry in marketing and planning teams.

"Haha. Alvin, that's a great offer. This is it! It's all part of the discussion, so it's okay to be wrong. If you have an idea, I want everyone to be as proactive as Mr. Alvin."

Shit, but that's a really good point. At least 10 million MyWay users will have no payment method other than cash. No, most college students don't have credit cards, so there may be more than 20 million. But the older students won't even ask their parents to buy pizza, so they really need Uscade.

When I take a big compliment and look around, Alvin gives me a poignant look. But when I saw him trying to hide his elongated mouth smile, I thought, "I did it! 'I think he's yelling. Among the seated executives, there is a sad look that they could have done as well. We should encourage competition like this. That way I can do whatever I want. Hehe.

"Using checkout online and other payment methods offline and a J-point card can confuse consumers in some ways. I think it would be a lot more responsive if you could batch transactions and earn points on a single J card. So I'd like to incorporate the checkout into a J card at all. If you're just doing online transactions like PayPal, you're aiming for online and offline, just like us, and you have a card company in your group, so you don't have to run both."

This time, Charlie, the marketer, is having second thoughts because he's a vagrant, which is also true. I think it would be consistent and convenient if we all worked together as J While it may not be easy to get into the new credit card sector within the United States, linking online accounts, such as debit card concepts, PayPal linked to existing financial institutions, and checkout, to cards in balances in your bank account is not a big problem.

I also complimented Charlie to encourage morale. When I started feeling good, everyone started writing and giving opinions to the conference room.

JPoints,

JCard

JYouth Card

At the end of the discussion, he decided to consolidate the "Checkout" and "J Card" businesses and significantly expand the U.S. branch of the Johnstone Card. In addition, in consultation with various financial institutions such as banks, we also agreed to issue Jyuskad of the debit card concept on the account.

Avatar chat and online social games have been working together since last year. However, the development and commercialization of J-Tunes was a top priority, so we continued to push ahead with our priorities until we started beta-testing and saw the light.

The two businesses were arranged to have their online entertainment business dealt with in Johnstone consulting for a while. I could feel the enthusiasm of the social games going on slowly, but now there's too much going on, so I decided to keep an eye on the market. Of course, the department is going to try to float around, and they're going to panic on their own, so I might not even know it.

Some of the things that have been pushed around by J-Tunes are Grufon, a coupon site. When I started issuing coupons at Pizza.com, I naturally came back to sleep, which I created a separate department like Pizza.com, but I wanted to work closely with each other.

Creating a Groupphone homepage is simple for us. The problem is how many coupons are there and how good they are. I also asked businesses in the demonstration area to actively communicate with me to register coupons, such as recruiting pizza merchants, through Myway and Google.

Alvin noted that the lack of a professional call center in the Johnstone group is problematic. Now Pizza.com, Groupphone, Merchant Management and Common Consumer Communications (Cards and Points) have increased dramatically.

He was right again. He asked Polo to consult with Johnston Frapperty and Johnston to find a place with cheap wages and a lot of manpower and get a quote. Call centers don't matter in the countryside. Because I don't need any special skills.

Grufon, like Pizza.com, is also on the line for the J Card promotion. As a result of this discussion, we decided to create a way to not only register coupons for local businesses, but also to easily organize and manage coupons for consumers who need them, but also to naturally attract commerce triggered by coupons on an online site called Gruphone to a J Card. It all comes down to a J card.

But the ambition I have to create a credit card to defeat Visa or Masters is to say, "Not yet! 'No, I intend to leverage the online sector after pushing PayPal as a cornerstone payment method on eBay.

At this rate, it can generate $1 billion in annual revenue, and its growth is endless.

In particular, the infrastructure of the Johnstone Group's data centers and systems can be used as a pride, resulting in lower investment costs. Of course, it can yield an incomparable rate of return to PayPal.

If you make it to offline commerce successfully, you'll have a golden goose that can produce between $200 to $300 million next year and over $1 billion in profit in a few years.

Artwork Reviews

Based on PayPal's first quarter 2013 results, there are $1.5 billion in revenue, $680 million in profits, and 5 million new joiners in the quarter. A total of 125 million subscribers. So annual sales are six billion dollars in simple calculations.

eBay acquired an enzyme called PayPal in October 2002. PayPal was also responsible for over 40% of its sales this quarter. Not to mention the net income, according to Yahoo Phinens in January 2013, most of the net income on eBay has come from PayPal in the last few years.

If so, the quarterly net profit estimate shows that PayPal's annual revenue is more than $2 billion.