China Business Breakdown

adgogo.co

Learn from China’s greatest entrepreneurs and the companies they built. We uncover the business models, strategies and tactics they are using to get traction with their target market, so you can find ideas to use in your own business. Check us out at adgogo.co to learn how we can help you grow your business in China. Hosted on Acast. See acast.com/privacy for more information.

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    Pico VR: How It Went From Manufacturing Oculus Headsets To Winning +50% China’s VR Market

    Vincent and Ivan from twitter.com/adgogoco deconstruct Pico VR’s sales and marketing funnel in China. Pico might be the "Oculus of China" in more ways than one. 👀 It was spun out from the same OEM (original equipment manufacturer) that produces all of the Oculus headsets. In this episode we retrace Pico’s founding story through the Bytedance acquisition and then unpack the marketing and sales strategies they are using to win +50% of China’s VR market share. Timestamped chapters: 00:00 - Introduction 02:09 - Metaverse, Chinese vs Western understanding 07:23 - Comparison, Meta Quest vs Bytedance Pico 12:07 - Oculus founder 12:54 - Pico founding story 16:16 - Will Pico or Meta ultimately win? 18:00 - Pico physical stores 23:20 - Pico’s China funnel 30:16 - Pico’s livestream 32:10 - Pico WeChat Posts 33:25 - Pico's Weibo 34:20 - Pico on REDBOOK 36:18 - KOL Pico Campaign 37:06 - Pico WeChat Ad 39:03 - Regulatory policy, implications for Meta 41:54 - How Quest could sell to enterprise users in China 44:23 - Protecting IP 45:59 - Being competitive in China 47:30 - Pico’s esports play LINKS: 📧: Sign up for the Adgogo Newsletter: https://www.adgogo.co/en/newsletter 🚀: Grow in China with the help of our full stack China agency: Quickeast.com 📚 : Learn more from the ChinaAdLibrary.com Hosted on Acast. See acast.com/privacy for more information.

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Learn from China’s greatest entrepreneurs and the companies they built. We uncover the business models, strategies and tactics they are using to get traction with their target market, so you can find ideas to use in your own business. Check us out at adgogo.co to learn how we can help you grow your business in China. Hosted on Acast. See acast.com/privacy for more information.