All Novel Sweet
Chapter 462
Chapter 462
Gareth moodily took a sip of beer in silence.
He often felt that Carlisle did not act like someone who had just started a business.
He had a phone company, a semiconductor company, Alumni Network, and a gaming company. Not only that, he had even invested in several phone hardware suppliers!
Who on earth would start a business at this scale?
Sean looked awkward as he said, "We don't have the appropriate channels for advertising. We could get customized promotional materials made for us and look for people in the major universities to promote it. But it would slow us down and require a lot of manpower..."
Carlisle thought of Emazon, the e-commerce platform that had become a listed company in just three short years.
He lifted his glass and downed the rest of his beer before saying, "Promote by promising rewards for bringing someone new in. I'm sure there'll be an unexpected result!"
Sean did not understand what Carlisle meant, so he turned to look at Gareth, who was staring straight at Carlisle.
Carlisle explained patiently. "For example, if someone registers an account with Alumni Network, they'll get an invitation code. When a new user registers their account using that invitation code, the owner of that code can get a reward. The more people they bring in, the bigger the reward."
"What's the reward?"
"Money," Carlisle said calmly.
He explained, "If they bring in one person, they get one dollar. The one who was invited needs to be verified via the National Student Website, after which they'll get a reward of two dollars.
"If they log in consecutively for a month, they'll get three dollars as a reward... If they manage to bring in 1000 people, they'll become elevated to the status of a campus agent. Every month, they'll get 200 dollars as a salary."
Greed was a staple of human nature.
In this era, most villages were still in poverty, and most university students came from those villages.
They lived frugally and would definitely not miss such an easy way to earn money.
"That is amazing!" Realization dawned on Sean, and he gave a thumbs-up as he complimented Carlisle lavishly.
Even Gareth gasped. "Why does it sound like you're doing multilevel marketing?"
Sean hunched his shoulders. "Carl, this isn't going to cause any problems, is it?"
Carlisle was miffed. "Have you seen any multilevel marketing group that doesn't ask for any money but gives out money instead?"
"How will we transfer the money to users?"
"With gift cards, phone credit, through bank transfers, or online banking..." Carlisle said.
Online transfers weren't as widespread in the current era, and there was still no WhatsApp. It was difficult to transfer money from person to person.
"One user can get six dollars, which means 10 thousand users would get 60 thousand. 100 thousand users can get 600 thousand, and a million users would get six million..." Sean woodenly took a sip of his beer.
Gareth laughed and said, "Six million isn't much. When I was promoting Scarlet Corporation, I burned through a hundred million in just half a year."
He paused and fixed an intense gaze on Carlisle as he continued, "Carlisle's plan is tantamount to buying users with money. A website with a million users would already be doing very well, and as the majority of these users are university students, they have great potential.
"When the website matures in a few years, these university students will have graduated and have purchasing power. At that time, we'll carry out traffic monetization, and the profits will be huge!"
"That'll take several years, though." Sean deflated, his mood dropping at once.
He had been planning to achieve financial freedom by the time he graduated from university.
Gareth laughed and said, "You won't have to wait that many years. My friend once did a survey which showed that starting from the year 2000, university students from the
countryside already made up 60 percent of the population.Nôvel/Dr(a)ma.Org - Content owner.
"That means that there are 40 percent who come from cities, and they have buying power. However, this demographic may not join Alumni Network for six dollars!"
As he spoke, Gareth looked at Carlisle, who was eating his steak. He seemed to want to confirm his theory.
Carlisle continued scarfing down his steak and did not even look up as he said, "That's because you don't understand Alumni Network!"