presentation china innovation trip 2008 (interimic and marketingfacts)
DESCRIPTION
China Innovation Trip 2008: a brief summary for Netwerk 2.0 event (www.chinareis2008.nl)TRANSCRIPT
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China Innovation 08
The Dragon is Unleashed
Yuri van Geest / Netwerk 2.0
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Cross digimedia
Yuri van GeestMobile Monday Amsterdam (MoMo)
Innovation
Emerce Marketing
Sales
Reddion
HP
Freelancer
yuri.typepad.com
Mediakabel/ManyCast
Nuon
MarketingfactsErasmus Univ.
MIT
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China in 1996Combine economic growth and stability
Industrially developed
Infrastructural challenges
Confucian culture still dominant
Imitation > innovation challenges
Environmental problems
Western people are idealized
Uncertainty due to Hong Kong and Deng Xiao-Ping transition
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Roadmap 1996-2010
Distributed and balanced regional economic growth
Radical educational and scientific improvement
Application of new technologies within SOEs
Development of new technologies (ICT, biotech, new materials, energy)
Development of financial infrastructure
Controlled integration with the world economy
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China 2008
More than doubled GDP since 1996
Most Roadmap Goals completed successfully
More market economy while politically stable
Competition intensified
Advertising everywhere (even odd places)
Materialistic culture
Optimistic and can-do culture
Different economic regions booming (Chengdu is new Shanghai)
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Culture
Less Confucianism
Collective, feminine, risk averse and hierarchical -> less collective and more risk taking
Ambitious
Materialistic
Self awareness and self-confidence
Positive and growth
Open-minded (sexual revolution)
Introvert
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Economics
Incredible growth (10% yearly)
Higher costs (labor, real estate, inflation)
Availability of thousands of students
Infrastructural improvements
Digital media explosion (online and mobile) Own brands (Baidu, Alibaba, Legend, Tudou etc.)
Environmental degradation
Better legal protection (copyrights, patents, etc.) due to WIPO and WTO
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Digital Media
220 million internet users 164 million PC internet users 56 million mobile internet users
UMTS just arrived -> 4G/LTE coming around 2010/2011
400.000 iPhones in China; Lower mobile access / data charges (as well as voice)
Internet: more social and entertainment than informational Web 2.0 (Tudou, QQ, CallMe, Yaawa, CIC Data) booming Enterprise software (Hinge Software) Gaming/MMORPGS/Virtual Worlds booming (Zlong Games, Cool Games) Incredible amounts of space (Zhizu, EUSIC) and money (Innotech)
Censoring
Local brands booming and protected
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Digital Media (2)
Tuangou -> Group Buying booming -> LetsBuyIt
TaoBao -> eBay
Pioco -> Bluetooth Advertising booming
Average (highly qualified) worker/student costs around 300 euro a month (quite higher in Shanghai)
Loads of capable Flash designers, Photoshop artists and PHP programmers !!!
Free hardware, software, services and connectivity for 6 months in Chengdu (EU sponsored) for new European startups within digital media
Real estate costs -> 5 euro per square meter !
Less regulatory restrictions (no opt-in policies)
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Digital Media (3)
220 million internet users:18% adoption -> upside towards 1 billion within 10 years ? 80% under 35 years Higher education and post higher education Access from internet cafes and work outside Beijing, Shanghai and
Guangzhou
75 million use (web 2.0) communities (BBS)
50 million bloggers (25% ; higher than NL (10%))
17 hours a week online Chinese (higher than Dutch)
More IM than e-mail; more social/viral economy than market economy
Internet stars are popstars in China; online books are bestsellers in China
Lower CPM rates in China than NL ; less advanced CPC, CPL, CPA deals
Mobile VAS still very embryonical; starting in 2008 with UMTS and WiFi
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Future ?
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[email protected] www.mobilemonday.nl SPRX Mobile
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