What Will an Event Video Cost to Produce?
What Will an Event Video Cost to Produce? Event highlight videos represent an opportunity for you to share your corporate event with a wider audience either during, or after your event.
Most event videos are produced post-event to allow for adequate production times and editing, but live event video streaming is also gaining popularity. The production of an event video can have varied expenses which are challenging to define upfront without various informational inputs to help determine the total cost. If you’re wondering, “what will an event video cost to produce?” We believe it’s important to consider the following.
Event Video Production Crew Rates
First, you need to know what the cast and crew rates are for production of a corporate event. These rates are typically defined in a per-day, per-hour, or percentage of the total cost rate.
Expect to pay for the following professional crew members if you hire a video production team to capture your event video:
● 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
Each of these production crew members will work for several hours on your event video. Cameramen will likely spend several hours on-site working on your film while the editor and other crew members such as a narrator will work on your event video after the event occurs. Keep this in mind when budgeting for an event video.
Event Video Production Totals
The average corporate event video is between 1 minute and 15 minutes long. This really depends on where the video will be hosted and what you wish to achieve with the video.
Some examples of how long an event video should be for various platforms or uses are listed below:
● Facebook – event videos such as teasers can be between 2 and 3 minutes long.
● Instagram – event videos should be between 15 and 30 seconds long.
● YouTube – event videos can be up to 4 minutes long but rarely will the video be viewed longer.
● Twitter – event videos should be between 15 and 45 seconds in total length.
● Sales – videos that are produced for the purpose of increasing sales should be 3 minutes or less.
● E-Mail – videos produced to share in an email should be between 30 seconds and 2 minutes long.
As a general rule, event videos are most frequently between 1 minute and 2 minutes for most purposes. At an average rate of $1,000 to $10,000 per finished minute, you can expect to spend at least $1,000 on your event video and this rate will increase based on:
● Video length.
● The complexity of the shoot.
● Presence of actors or the use of special talent in your video.
● Technical skills involved in the shoot.
● The use of graphics, animations, or other add-ons.
Still, wondering what an event video will cost to produce? Give Beverly Boy Productions a call! We’ll help you figure it all out.