Stock Opportunities in China

Posted on 11/20/2009 by Jim Pickerell | Printable Version | Comments (1)

As part of an effort to assess the demand for stock photography in China, an American photographer recently talked with the creative director of the Ogilvy & Mather office in Beijing. The creative director said:

“Stock? Yes, we do use stock from time to time, though most of what we find are ‘hokey’ images of Chinese people... As to who do we use, it’s Getty and, uh, I guess, Corbis. Actually, I think Corbis went out of business, didn’t they?! Hey guys,” he motioned to a group of 6 creatives gathered in the room, “does anyone here know anything about Corbis?”

This creative director has been working in Beijing for over 10 years and worked on Madison Avenue in New York during the 1990s.


Copyright © 2009 Jim Pickerell. The above article may not be copied, reproduced, excerpted or distributed in any manner without written permission from the author. All requests should be submitted to Selling Stock at 10319 Westlake Drive, Suite 162, Bethesda, MD 20817, phone 301-461-7627, e-mail: wvz@fpcubgbf.pbz

Jim Pickerell is founder of www.selling-stock.com, an online newsletter that publishes daily. He is also available for personal telephone consultations on pricing and other matters related to stock photography. He occasionally acts as an expert witness on matters related to stock photography. For his current curriculum vitae go to: http://www.jimpickerell.com/Curriculum-Vitae.aspx.  

Comments

  • Alexander Mares-manton Posted Nov 22, 2009
    While this is a rather amusing story, it should not be taken as the norm in China at all. Having personally interviewed clients all over both Shanghai and Beijing over several years, the China stock market is much more sophisticated than this short story would lead one to believe. There is a lot of decent Chinese content out there, there are good stock agencies selling it, and many clients are very well informed of the industry (nearly all quote Getty and Corbis as their main suppliers).

    Let's not forget that the average educated Chinese knows a lot more about the US than the average educated American knows about China.

    Just my two cents.

    Alex (an American living in Asia)

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