31
Social Market Intelligence. 3 Hot Startup Models in China Lucas Englehardt

3 Hot Chinese Internet Markets - barcamp shanghai '10

Embed Size (px)

DESCRIPTION

Groupon's explosive growth in the West has fueled 400 (yes, really) Chinese clones. An overview of how the websites and market compare to the original. Additionally, a look at the private buying club model in China (like Gilt Group) and China social games.

Citation preview

Page 1: 3 Hot Chinese Internet Markets - barcamp shanghai '10

Social  Market  Intelligence.

3  Hot  Startup  Models  in  ChinaLucas  Englehardt

Page 2: 3 Hot Chinese Internet Markets - barcamp shanghai '10

   1.    Group  buying  -­‐  “Tuan  Gou”  is  new  again

   2.    Fashion  E-­‐commerce-­‐  Not  so  private  buying  clubs

   3.    Social  games  -­‐  Chinese  are  crazy,  Happy  Farmers

Page 3: 3 Hot Chinese Internet Markets - barcamp shanghai '10
Page 4: 3 Hot Chinese Internet Markets - barcamp shanghai '10
Page 5: 3 Hot Chinese Internet Markets - barcamp shanghai '10
Page 6: 3 Hot Chinese Internet Markets - barcamp shanghai '10
Page 7: 3 Hot Chinese Internet Markets - barcamp shanghai '10
Page 8: 3 Hot Chinese Internet Markets - barcamp shanghai '10
Page 9: 3 Hot Chinese Internet Markets - barcamp shanghai '10
Page 10: 3 Hot Chinese Internet Markets - barcamp shanghai '10
Page 11: 3 Hot Chinese Internet Markets - barcamp shanghai '10

Groupon  -­‐  with  Chinese  characteris;cs Group  buying  is  well  established  in  China

Currently  400+  Groupon’s  have  appeared  in  3  months

Groupon  clones  focusing  on  discounts  /  products

CreaPve  markePng  campaigns  (-­‐1  RMB  mystery  box)

Very  early,  companies  sPll  just  geXng  started

Page 12: 3 Hot Chinese Internet Markets - barcamp shanghai '10

E-­‐commerce  has  finally  arrived

Page 13: 3 Hot Chinese Internet Markets - barcamp shanghai '10

Fashion  E-­‐commerce

Page 14: 3 Hot Chinese Internet Markets - barcamp shanghai '10

Fashion  E-­‐commerce   Taobao  (and  Alipay)  dominate  the  market

Largely  Cash  on  Delivery  (COD)  -­‐  60%+

Consumers  are  spoiled  already,  expect  Zappos  style  service  and  return  opPons

Generally  very  price  sensiPve,  looking  online  for  deals

Page 15: 3 Hot Chinese Internet Markets - barcamp shanghai '10
Page 16: 3 Hot Chinese Internet Markets - barcamp shanghai '10
Page 17: 3 Hot Chinese Internet Markets - barcamp shanghai '10
Page 18: 3 Hot Chinese Internet Markets - barcamp shanghai '10

Not  so  Private  Buying  clubs Open  plaborms  -­‐  people  weren’t  sharing  deals  enough

Consumers  are  weary  of  “grey  market”  fakes

Limited  reliable  service  providers  -­‐  companies  doing  everything  in-­‐house

PredicPon:  this  space  will  explode!

Page 19: 3 Hot Chinese Internet Markets - barcamp shanghai '10
Page 20: 3 Hot Chinese Internet Markets - barcamp shanghai '10

China  Social  Games China  social  game  developers  very  fragmented

Game  themes  and  mechanics  translate  between  China,  Facebook  and  other  markets  (universal  love  for  farming  games)

Chinese  social  gamers  are  more  compePPve  than  their  FB  counterparts:  status  and  stealing  play  a  large  role

Games  generally  lagging  behind  Facebook,  being  copied  here

Page 21: 3 Hot Chinese Internet Markets - barcamp shanghai '10

A  happy  farming..

Page 22: 3 Hot Chinese Internet Markets - barcamp shanghai '10
Page 23: 3 Hot Chinese Internet Markets - barcamp shanghai '10

Social  games  conPnuing  growth Zynga  acquires  XPD  (Medical  Mayhem),  joins  Rockyou  and  others  in  sourcing  games  from  China

Increasing  government  control  -­‐  “pick”  don’t  “steal”  vegetables

Most  games  aren’t  making  money  domesPcally,  simply  posiPoning  for  the  long  run

Shameless  plug:

Page 24: 3 Hot Chinese Internet Markets - barcamp shanghai '10

Social  Market  Intelligence.

3  Hot  Startup  Models  in  ChinaLucas  Englehardt

Page 25: 3 Hot Chinese Internet Markets - barcamp shanghai '10

What  is  BloggerInsight?BloggerInsight  delivers  unique  market  intelligence  and  analysis,  100%  customized  to  your  needs.  Get  the  knowledge  you  need  to  thrive  in  China,  Korea,  and  Japan.

We  tap  our  network  of  expert  bloggers  to  answer  your  ques;ons  about  the  Internet,  high  tech,  and  new  media  markets  in  Asia.  Launching  a  new  product?  Entering  a  new  market?  Our  network  of  industry  experts  has  the  answers.

Why  bloggers  as  experts?  Our  bloggers  have  been  screened  rigorously  and  are  at  the  forefront  of  their  respecPve  industries.  They  provide  objecPve,  insider  opinions  on  the  latest  trends.

Page 26: 3 Hot Chinese Internet Markets - barcamp shanghai '10

…  in  your  industry.

MOBILEApplicaPons,  WAP,  gaming

GAMINGSocial  gaming,  MMOs,  mobile,  casual  gaming

INTERNETSocial  networking,  

new  media,  web  2.0,  cloud  compuPng

HARDWAREIT,  hosPng,  consumer  technologies

Page 27: 3 Hot Chinese Internet Markets - barcamp shanghai '10

Our  Unique  Approach

  INSIGHT  FOR  SMART  DECISIONS.     BloggerInsight  translates  the  most  insighbul  responses  and     creates  a  white  paper  that  delivers  your  needed  insight.

Providing  the  insight  you  need  to  make  smart  decisions.

1

2

3

  DEFINE  YOUR  SCOPE.     BloggerInsight  works  with  you  to  develop  a  customized  list  of     quesPons  that  address  your  individual  situaPon.

  WE  ASSEMBLE  YOUR  FOCUS  GROUP  AND     COLLECT  THE  ANSWERS.     A  task  force  of  industry-­‐  and  country-­‐  specific  bloggers     researches  and  analyzes  your  case  to  answer  your  quesPons.     Bloggers  rate  and  discuss  each  other’s  answers.

Page 28: 3 Hot Chinese Internet Markets - barcamp shanghai '10

Our  Insight,  Your  Strategy.What  You  Can  Achieve  With  BloggerInsight

Evaluate  new  opportuni;es.  How  feasible  is  market  entry?  Be  the  first  mover  in  your  industry.

Forecast  industry  trends.  What  will  be  the  next  big  thing?  Get  insider  opinions  from  our  experts.

Understand  consumer  preferences.  How  do  your  target  consumers  behave  differently?  Know  the  market  inside  and  out.

Localize  your  product  offering.  Avoid  culture  shock  by  understanding  what  you  have  to  tweak  with  our  usability  tests.

Adapt  your  business  model.  Successfully  monePze  your  product  or  service  in  your  target  markets.

Enhance  your  brand.  What  markePng  tacPcs  are  most  effecPve?  What  messages  appeal  most  to  local  consumers?

Page 29: 3 Hot Chinese Internet Markets - barcamp shanghai '10

Why  Partner  with  Us?

Customized  insight.  We  recruit  the  most  relevant  experts  to  deliver  the  specific  knowledge  you  need  to  make  smart  decisions.

Insider  opinions.  Get  feedback  from  bloggers  who  follow  the  industry  and  know  the  market  inside  and  out.  

Fast  and  forward-­‐looking.  In  a  constantly  evolving  industry,  we  provide  the  most  up-­‐to-­‐date  intelligence.  Each  case  is  completed  in  2-­‐4  weeks  and  provides  knowledge  at  the  forefront  of  the  industry.

Page 30: 3 Hot Chinese Internet Markets - barcamp shanghai '10

Client  Case  StudyAn  established  European  company  approaches  us  looking  to  enter  the  Chinese  social  networking  market.  BloggerInsight  performs  in-­‐depth  research  to  help  them  make  smart  decisions.    The  final  100-­‐page  report  includes  our  expert  bloggers’  responses  on  four  topic  areas:

� Advanced  product  reviews  –  Detailed  recommendaGons  on  everything  from  the  sign-­‐up  process  to  website  design.

1. Compe55ve  landscape  –  In-­‐depth  insights  regarding  advantages/disadvantages  of  local  compeGtors.

� Market  poten5al  analysis  –  OpportuniGes/threats  within  the  social  gaming  market  and  the  client’s  potenGal  for  entering  the  Chinese  market  with  its  SNS  plaMorm.

� Market  entry  strategy  –  RecommendaGons  for  establishing  brand  presence  and  localizing  the  client’s  site  for  the  Chinese  market.

Page 31: 3 Hot Chinese Internet Markets - barcamp shanghai '10

Get  your  insight  today.

START  YOUR  CASE!  Contact  us  at  [email protected]  to  develop  your  customized  case.  Provide  us  with  a  brief  overview  of  your  desired  insight.

LEARN  MORE.  QuesPons?  Ask  us  to  learn  more  about  the  BloggerInsight  advantage.     [email]    [email protected]   [phone]    +86  21  5252  5558  (Shanghai  office)   [address]    1118  Changshou  Rd,  Bldg  B  Suite  9G                Shanghai,  200042  PRC