How Much Does it Cost to Produce a Video?
Every church that wants a video made for its website, youth gathering or promotional material needs to be cautious about its budget. A church that doesn’t have a member capable of video production should look into hiring an outside company.
Before searching for the right video production company, churches must know their budget.
How Much Does it Cost to Produce a Video?
Most companies charge between $500 to $1200 per minute for a finished video.
The Time
The video cost depends on what type of video they are making and the company. Some companies charge an hourly fee for the entire work involved in preparing, shooting, editing, and finishing the video. Others set prices based on the length of the finished video.
Businesses and churches should consider the pre-production costs, the gear costs, and the time it will take to edit the video.
Hire a company that charges per day. Think about how long you will need it. A lot of times, churches and businesses hire production companies for half-days in the hope that they get a better deal. Companies will often charge more for half-day rates, which can lead to problems. They believe they won’t be able to book another job in the afternoon and need to make up that time.
Costs will also be affected by the turnaround time required for your video. It is better to plan before you have a video produced. Last-minute work and short deadlines can increase the cost of your video production.
Video Type
The cost of video production is also affected by the type of video. Any company looking to hire a video production firm should be very clear about their expectations and the type of video they are looking for.
Professional animators are required for animated videos. These videos require different skills from different professionals to design and edit. These professionals can be hired to increase the cost of your video production.
Creating a video featuring actors, normal staff, or church congregants will cost you less. Although there are some costs associated with creating and editing the video, you don’t need to hire a professional animator.
Many businesses and churches may have great ideas for video production, but they assume animation is cheaper. Talk to the video production company to find out the cost of production and the prices for different types.
Crew and equipment
The crew is the most expensive part of hiring video professionals. However, the equipment is a close second. The cost of production can vary depending on the availability of crew members in a particular area. This means that companies might charge more for hiring their crew.
This is especially true when you require a crew member with a high level of expertise since they can charge more. This crew member is an animator or a professional sound technician.
Video production requires a director of photography and an editor to finalize the video. A sound technician and a grip/gaffer are also required. Depending on the type of video you are making, you may also need actors and a drone operator.
Equipment will increase the final production cost along with the crew. Even if the company does not need to rent equipment, it will still need to pay for it. This is because they must protect against wear and tear and make sure they can afford new equipment in the future.
These expenses are typically included in the day rate. However, adding additional equipment to the mix will increase the video production cost. These include drones and specialized cameras.
Conclusion
Many factors will affect the cost of professional video production. This can make it hard to decide how much to budget. This can seem overwhelming, but there are some things you can do to make sure you are ready.
You should plan your video’s accomplishments and the type you wish to create. You can cut down on costs by having a script you like.
It would be best if you also planned to edit and shoot your video before you need it to be completed to avoid any rush charges.
Video production costs include overhead, creative editing, and project management. It makes sense that these costs will be higher than you might expect. It is a good idea to budget for approximately $1000 per minute.
Ask the video production company you’re considering working with if they charge per minute or daily. This can help you to save money. For a day of shooting, some companies charge between $3000 and $5000. This can make it more economical in certain situations.