How do you calculate the price of a video?

How do you calculate the price of a video?

How much should I charge for video production?

A 2- to 3-minute professionally produced corporate video typically costs anywhere from $2,000 to $7,000. Most production companies agree that the average cost of video production is usually around $1,000 to $5,000 per finished minute, and we agree that it is a good starting point to consider when budgeting.

How do you calculate production cost in Excel?

Production Cost per Unit = Product Cost / Production Volume

1. Production Cost per Unit = $10.5 million / 3.50 million.
2. Production Cost per Unit = $3 per piece.

How much should I charge for filming a day?

A great starting point for your day rate is $150/day. Videography is a specialized skill, so $150/day comes out to $18.75/hour. As such, it’s above the wages of an unspecialized skill.

How much should I charge for a 1 minute video?

The answer is not as simple as it would seem. With production rates ranging from about $1,000 to $10,000 per finished minute, you can expect to pay somewhere between there for your 1 minute video. A good rule of thumb is to budget about $3,000 for a 1 minute video.

How much should I charge for a 5 minute video?

5-Minute Video Cost. Depending on the type of video, pricing generally ranges anywhere from $1,500 to $10,000 per finished minute. It’s better to refer to averages when creating your budget, so a safe estimate for 5-minute videos would be $3,000 per finished minute.

How do you charge a videographer?

Your best bet is to offer an hourly rate. I’ve seen numbers ranging from $25 an hour to $75 an hour, for just basic Premiere Pro editing projects. You can be flexible, but the biggest way to ensure fair value is to be upfront about your expectations, based on the project.

How much should I charge per hour?

Calculate Your Hourly Rate. Business schools teach a standard formula for determining an hourly rate: Add up your labor and overhead costs, add the profit you want to earn, then divide the total by your hours worked. This is the minimum you must charge to pay your expenses, pay yourself a salary, and earn a profit.

How much should a freelance video editor charge?

Freelance video editors typically charge a per-hour, or per-day rate. Professional rates are circa $30 to $150 an hour based on experience and specialism. Few editors charge per minute of edited video as production complexity varies so greatly.