Here are some of the main factors that affect the costs of video production so you can get a better idea of what is involved.
As we have years of experience working on many types of videos, clients often ask us quite a lot of questions. Many are keen to learn the process that is adopted when creating a corporate video from scratch whilst some wonder how the cost is allocated.
There are many factors that affect the cost of video production and as long as you find a reputable company to shoot your video, you will be pleased with the results. These companies (like ours) are also passing on savings to clients as unlike other everyday items the cost of video production has actually declined over the years. There are also many options available to businesses, allowing your video to cost as much or as little as you would like depending on the features you rank as the most important.
These include (but are not limited to)
The experience of the video production company – the more experience your chosen company has in the production of the video the more money you will save. Without the skills to shoot perfectly you could find your budget being spent on editing, dubbing and tweaking when you could have got it right the first time. A good production company will also advise on motion graphics for the video incorporating them seamlessly adding to the overall quality of the content.
To have a video that sells your product or service or gets your information across perfectly you need a good marketing brain. A video may look fancy and may be a feast for the eyes, however if you’re spending money to increase your profits you need to know it will do the job. A good marketing script writer will be able to put your message across in a clear and concise way that uses psychology to encourage your viewers to do what you want, whether that’s to listen, buy or contact.
The editors are the ones behind the scenes who take the best dialogue, the best angles and shots and turn them into a free flowing video that you are proud to promote. Without editors, you would be left with a ten minute video that includes the tea lady, slight shifts of camera and lines that are fluffed. No matter how great the cameraman an editor is always needed and their magic can be astounding as they turn a hum drum reel into a crowd pleasing triumph.
The choice of equipment can make a difference to the overall cost, as a HD camera will cost more to hire than a simple camcorder. Quality also differs between each piece of equipment. This also applies to other equipment as a video production team may have access to a wonderful array of tools allowing motion shots or even shots from above. The costs all depend on your idea of the finished results and what equipment you think will be needed to get there.
Experienced video producers don’t need a crew of more than two to shoot a good video, however if on location the numbers may rise a little. You may also be considering actors, presenters or models, all of which add to the overall cost of a video.
Going direct to the video production company can save huge amounts, as a third party will add on their own fees and expenses. Some companies offer it all, the web design, the copywriting and the video production, however do they do the video production themselves or are they outsourcing to someone like us? By coming direct to us you could save huge amounts.
This is not a comprehensive list as there are over thirty factors to take into account when producing a video. However we’ve chosen what we feel are the most important.