Saturday, December 7, 2013

Chinese Entertainment Industry experts


            Cheng Tian Qiao is the board president of Chinese Ministry of Electronic Information Industry. In December 1999, he established Shanda Interactive Entertainment Limited, which is the biggest game developer and publisher company in China. Under his leadership, Shanda has become a top interactive entertainment company with annual income revenue of more than one billion dollars. Moreover, the tax contribution of Shanda Game to the government has ranked the number one in Chinese entertainment industry in 2011. His theories of success are innovating, keeping an open mind, entertaining and understanding customers’ needs.
Before 1999, there were many small game companies in China, but these companies were only focused on the table games, such as poker cards, chess board games and mah-jongg gambling. After he graduated from university, he wanted to make a change of the traditional game. Then, he decided to move the table games to the PC so that people could play with computer anytime. He created the mah-jongg game into a PC version in the end of 1999. He did not realize the PC game would be so popular and attractive to people.  He continued to cooperate with the game leaders, Nintendo and EA to establish the game service in China. In 2003, he created the Zheng Tu 3D game, which was the most popular PC game at that time in China. His success has influenced the growth of the game industry in China.
            Jack Ma is the most successful and influential Network company leader in China. He has been selected as one of the world’s best B2B website business leaders for five times by Forbes. He has advanced vision. His business plan takes advantage of competitors. He studied English at Hangzhou Normal University but was not good at studying, so he failed examinations many times at the school. After he graduated, as a pioneer, he came to America to learn Network technology. When he came back to China, he found there was no network company there, and then he began to create Chinese Yellow Page with American friends.
            When eBay was very popular and shared 50% of the Chinese C2C Internet market, he invented Taobao online shopping mall, which was free to every business owner and customer. After several weeks, eBay dropped out from Chinese C2C Internet market. He decided to expand his business and created another company called Alibaba. He took advantage of eBay by sharing B2B Internet market to target American consumers. In the arrangement, he allowed Alibaba customers to use eBay's PayPal and some eBay customers using Alipay in China. Alibaba has carved out a niche in the world and helped Chinese businesses vendors to sell products overseas.           
Cheng Tian Qiao and Jack Ma show successful entertainment businesses led by different managing styles. Cheng Tian Qiao shows that a man who is the vanquisher in all-game industries depends on innovating and entertaining. Jack Ma profiles one whose success depends on sharp insight into the first Internet market by knowing peoples’ needs.

                                                                        

Wednesday, November 13, 2013

The Influence of Social Media in Digital Marketing


        Digital marketing is so widespread that customers have the access to information about their favorite product at any time and any place they want.  The old days are gone when marketing was only limited to traditional marketing such as telemarketing and newspaper advertisements. The introduction of digital technology has led to newer and more accurate forms of digital marketing. According to the research, the advertisement of printed format has reduced 30% in five years because the cost of the digital format is lower and easy to manipulate.  Digital marketing is growing exceptionally fast each day providing easy access to all sources of entertainment, news, and shopping. Customers are now exposed to social interaction with what your friends are buying and trending, the new buzz and hype, the news about the products and the brand they like. They can share their experience with friends, family and peers, which in turn creates a new form of reach called social marketing and trending. People want brands they can trust, products that are personalized and relevant, and are tailored to their needs and preferences. As a result of these new demands, social media has proved to be one of the biggest and the best way to market digitally to ensure a huge outreach. Facebook continues to be one of the best places to do marketing. According to research the number of users on Facebook, YouTube and Twitter are rising, giving marketers opportunities to interact with audiences in innovative ways. Advertisements that are tailored to specific customers will ensure a better brand exposure, and this is a huge advantage for a company. The best marketing team understands that it’s important to create quality promotions and new innovative ways to do digital marketing. This not only attracts more customers but also makes them remember your brand.
 


Digital marketing is influenced by technology changes. The following graph shows the increasing in new trends and methods of ways how customers and consumers interact with advertisements and promotions. With the availability of a smartphone in everyone’s hands, marketers and promoters are now shifting towards mobile marketing.

Picture resource: http://www.socialmediaexaminer.com/marketing-trends-2013/

Thursday, October 31, 2013

Digital marketing makes the world better place


In this 21st century, an era where everyone and anyone holds a cellular mobile device or a tablet, has forced marketing to evolve and adapt into the digital world. Digital marketing is the most important form of promotion and advertising. With all the new technology available, traditional marketing is almost taking it’s last breath.

When was the last time anyone ever looked into the giant billboards at the corner of the street? The entertainment industry has quickly adapted to change their marketing strategy for the digital world. Print billboards has been transformed into digital billboards, that makes it easier for advertisers to just change the image digitally instead of hiring a crew to put up and take down large paper posters up. Nowadays everyone has social media accounts such as: Facebook, Twitter, YouTube, etc. Social promotion will ensure visibility and audience interaction. One promotion on Facebook has the potential to reach millions of consumers around the world that will guarantee the sale of a promotion.

Digital Marketing can be defined as promoting of brands or products and services using all forms of digital advertising. Digital marketing uses Television, Radio, and Internet, mobile and any form of digital media to reach customers in a timely, relevant, personal and cost-effective manner.

Magazines and newspapers are also to become digital as well. You can watch CNN and BBC online, or watch it on YouTube Live. Internet marketing is also important. News agencies advertises on their news website because of a huge number of people are connected with it. And lets face it – everyone at one point of their life has gone to YouTube by now. No wonder there is so many advertisements in front of a video on YouTube.  Once can question why has there been such a shift to Internet marketing? – Well to put it simply, it’s cheaper to use Internet and it’s the most easy access entity for consumers and audiences. And it is the main reason why everyone shifted to digital marketing.

Picture source: http://www.smartinsights.com/wp-content/uploads/2010/10/Digital-Marketing-Radar-SmartInsight-2010.png