Vancl re-gained tens of millions of finance surpassing Joyo
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July 29, direct e-commerce website shirts Vancl (where passengers Eslite) Foreign confirmed that the company completed the third round of tens of millions of dollars of financing, this financing in addition to the introduction of a new venture capital investment institutions outside the blind, IDG, the A source of policy and Softbank as a former two-rich investors were also conducted with the cast, from October 18, 2007 on-line operators, by the Aged, Lei Jun, who founded the Vancl in the third round of financing In the valuation of more than hundreds of millions of dollars, more than two Joyo.com, was acquired by Amazon’s price of 75 million U.S. dollars.
"PPG mode" can be said that in 2007 one of the hottest marketing MeSH. As the first half of this year about 80 million U.S. dollars has been financing the PPG funds strand breaks, and other sources of exposure, this makes it the PPG has been red-hot brand’s destiny Xishi. Vancl and the financing, it will usher in "PPG model," the ultimate mode of dawn »
Marketing costs much lower than the PPG
In this financing, Vancl founder Chen Nian said, "growth and development potential, which is investing IDG, a policy of constant source of replenishment of the reasons." In addition, Vancl in marketing costs are much lower than the PPG Investors optimistic about the cost of another important reason.
2007, "Yes! PPG" the once popular TV ads, but in this PPG has explained that "Internet advertising is only applicable to mature brand promotion, the new brand will still have to build in the traditional media for advertising." However In making PPG brand become highly visible at the same time, this also make PPG in 2007, the marketing costs to more than 200 million yuan, said Chen Nian, PPG ads "too money-losing effort" and did not do a good job in the corresponding services, is its deadly Weaknesses.
While PPG is also with a similar business model, and catalog sales network will introduce men’s shirts in the field of standardization, through significant reduction in traditional clothing sales channels costs, so that consumers can buy at a lower price, "targeting white-collar" clothing, The Cuban origin on the Internet, in Vancl used in the promotion model, mainly through the "pay-performance" of Internet advertising.
Next year is expected to achieve a comprehensive profit
It is learnt that, Vancl within the next year is expected to achieve a comprehensive earnings, but also began to consider the issues listed.
However, Vancl competitors did not give up efforts, including Bono from the traditional garment industry, and other sites, for which Chen Nian said, "They have their own burden, the online line under the price gap, can not be too , Thus, unless completely abandon the traditional channels, or network marketing of the price advantage, they can not share. "