In this video from the recent Casual Connect in Tel-Aviv, Omer Kaplan from Iron Source is giving some highly valuable lessons about the China market. If you are part of the mobile gaming industry, you must have spent a considerable amount of time thinking about this market. It’s already the biggest and it’s also the fastest growing. There are still lots of opportunities there and lots of money coming in and out of it.
China In vs. China Out
One of the interesting distinctions made in the presentation is that there are two ways to work with the China Market:
- China In – trying to bring western products and apps into China
- China Out – helping successful Chinese companies gain distribution in other companies (mostly referred to as Overseas by Chinese).
The path that Iron Source took is to start with the China Out and only then try to go China In. The presentation also includes some useful tips about what’s required in order to be interesting for Chinese companies in the China Out model. One of the interesting observations is that the companies who are looking to spread out of China are the ones that already dominated that market. It means that they are massive companies with hundreds of millions of users and they are looking for opportunities that move the needle. If you don’t have that level of scale (hundreds of millions of users) you will probably not be able to be a good partner for these giants.
For the full lecture – see the video below.