Video Production Industry China Market Intelligence

Are you looking for answers on Video Production Industry China category?

Are you looking for answers on Video Production Industry China category?

  • What are the key trends in Video Production Industry China category?
  • Am I paying the right price?
  • Am I working with the right supplier?
  • What are the major challenges and risks in Video Production Industry China industry?
  • How is Video Production Industry China industry performing?

Over 50,000+ users trust Beroe

Report Coverage

  • How is the video production industry in China? How is it different from the North America, European and other Asian markets?
  • How is the supply and buyer market positioned: Porter's Five Forces Analysis?
  • What are the trends on currently adopted by buyers and production houses in  this market?
  • Who are the top agencies in the advertising production space?
  • What are the key services that these advertising production agencies have?

Table of contents

  1. Video Production Industry In China Category Intelligence Summary
  2. Category Intelligence Summary
  1. Video Production Industry In China Category Strategy
  2. Pricing and Contract Model
  3. Cost and Price Drivers
  1. Video Production Industry In China Supplier Analysis
  2. Supplier Shortlist Criteria
  1. Video Production Industry In China Market Analysis
  2. Market Outlook: Video Production Industry in China
  3. Porter’s Five Forces Analysis: China
  4. Production Trends/Technology Adopted in China

Want a more detailed personalised report?

Regional Market Outlook on Video Production Industry

  • Most of the Fortune 500 buyers are currently engaging with their creative agency to avail production services. This is mainly due to lack of understanding of the supply market, due to fragmented supply base
  • High spend buyers are looking for opportunities to engage directly with production houses by signing them on short-term contracts on project-based models

Pricing and Contract Model

Retainer Model

  • Suitable for long-term contracts, as it helps in consolidating the spend and increase the scope for negotiation
  • The production companies get assurance of business from the marketer

Hourly Basis

  • Hourly-based pricing model is chargeable for third-party equipment cost that are paid on hourly basis
  • This includes technologies, such as the CGI, SFX, etc., which require to be upgraded on regular intervals

Project-based Pricing Model

  • Typically used for tactical activities that does not need involvement of specialist and is usually managed by engaging local production companies

Hybrid Model

  • This is a combination of retainer + project based. The industry will have a retainer model with their production company for a set of projects
  • Some projects are billed on project basis, depending on the requirement

Cost and Price Drivers

Prior understanding of elements, like billing rates, agency cost structure, allocation of junior vs. senior staff requirements, and other external cost factors help the to be in a better position to negotiate with production companies.

Key Insights–Internal Cost Drivers

  • Wage Growth Rate: Wage rate contributes to 60% of the overall cost. Any fluctuations in the wage growth rate will have an immediate impact on the cost of creative services
  • Infrastructure & Technology: With the advent of new technologies, especially in the digital and interactive platforms, it is becoming inevitable to improve the infrastructure of agencies at regular intervals. This is leading to a periodic technological cost, which is written off over a period of time
  • Service Requirements: As creative requirements are becoming more niche and product specific, local agencies are forced to hire skilled talents to cater to the same

 

Complimentary 12-month access to Beroe LiVE

Any more questions?

Get in touch with us quickly and easily.