Command+Edit Podcast

The post-production podcast that goes beyond the desk

How much does a video cost? : Cmd+Edit 053

Nick MontgomeryComment
Command Edit Podcast Episode 53 How much does a video cost budgeting estimate

We are often asked the question "How much does a video cost?" The short answer: It depends.

As a comparison you could ask "How much does a house cost?" and then point out the many factors that affect the cost of a house: location, size, materials, how quickly it needs to be built, etc.

A video production can cost many things many prices

You want to ask specifics from the client early on to determine what kind of video they are expecting to receive, but you also don't want to scare them off with an overwhelming inquisition. You want to ask the right questions to just get the information you need to produce an accurate quote or estimate. That way you ensure that you are giving an accurate number for your services and your client can rest easy that that number won't change (much) during production.

Some standard questions that you can ask a client are:

  • Who is the audience?
  • Will a script be provided?
  • What materials are already produced and available (graphics, stock footage...)?
  • Will we require actors or spokespersons from the company on-screen?
  • Will their be voiceover or narration needed?
  • Do we have to licence music?
Be up front with the client and avoid confusing them with several questions

In building your quote there are two ways to go about it: create a flat rate for the entire project or list off line items (similar to ordering off a menu). Each freelancer develops their own way of building a quote and you will have to, as well.

LINKS MENTIONED IN THIS EPISODE:

  • Audio Network is a plugin for Adobe Premiere Pro that allows you to browse, preview and purchase music tracks for your edit ALL WITHOUT LEAVING YOUR PROJECT. It embeds a panel directly into the Premiere interface making the music licensing process completely seamless. Sign up and give it a try. (http://www.audionetwork.com/)
  • How to Quote a Video Production? via Sound and Vision Media

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