How Much Does it Cost to Make a Professional Video?
Hiring a video production team to help you create professional video content for your business or brand is important, but it’s also important to remain on budget. You’re probably wondering, “How much does it cost to make a professional video?” The truth is, most video production crews have pretty general rates that they charge for production on an hourly, half-day, or full-day basis.
Production costs will increase based on time, location, equipment, and various other individual needs. While the average cost of a professional video is around $1500-$20,000 per finished minute, the majority of the projects completed are in the $3,000 per finished minute range.
Let’s take a look at how we can answer your question, ‘how much does it cost to make a professional video?”
Average Production Expenses
First, you can expect to have various production expenses that just about every professional video project, be it a branded video or a testimonial or a television commercial, will have.
Expenses range from the hiring of a camera crew to the securing of appropriate equipment to bring your professional video production to life.
The most common expenses for professional production include:
● Film Director – >$250 per hour
● Script Writer – >$150 per hour
● Cameraman – >$400 per hour
● Editor – >$175 per hour
● Actors – >$500 per hour
● Equipment – up to 100s per hour
● Studio Shooting – up to $400 per hour
● Narrator – >$400 per hour
● Audio Files – up to $1000
● Video Rendering – up to $75 per hour
● B-Roll – expect to pay a percentage between 10 and 50% of your total cost
● Miscellaneous Fees – can cost very little up to 1000s extra
Keep in mind that your professional video rates will also depend largely on the number of production days required to make your film come together. The addition of a half-day in production can add substantially to your cost because most crews will not charge you half the day rate — half-day rates are typically more than 50% of the full day rated cost.
Factors Influencing the Cost to Make a Professional Video
Now that you know what to expect in terms of expenses, let’s take a look at how you can minimize the total costs associated with production should you need ways to curb your professional video production budget.
Several factors go into the total cost of your professional video production including hidden or lesser thought of costs like travel expenses associated with hiring a production team that isn’t local and equipment rental expenses associated with hiring a crew that doesn’t have the professional gear necessary to produce the film. Don’t let these costs inflate your professional video production!
Look to hire a production crew that is local and comes equipped with the professional film gear needed to bring your project to life. Beverly Boy Productions has camera crews throughout the United States and Worldwide in most major cities. Give us a call for a free quote on your professional video project.