How much does video cost?
You know what we’re going to say, don’t you? How long is a piece of… videotape.
Well, videotape is long gone and so have some of the prohibitive cost of making videos. Kit is smaller, lighter and you can move quickly but as you can imagine, costs can still vary wildly depending on the project specifics and it’s all about the detail.
The below costs are ballpark figures, actual projects can vary wildly in complexity and procedures.
Video testimonial costs
Ideally, you’d be looking at a 2 person team (director and a skilled lighting camera operator) and at least 2 cameras. Setup time will be around 2 hours, filming will probably take around 1 – 2 hours and acquiring some strong B-roll footage would likely take another couple of hours. You could expect to get a first draft around 3 working days later and with up to 2 rounds of amends your finished article could be available 7 working days later.
Cost: in the region of £4,000
The cost of Animation
With a bespoke animation, a lot of the cost is in the pre-production and design stages. You’re aiming really to get the script and storyboard as close to the final thing before production starts so the animators are only making assets and movements once. With a good brief and responsive sign-off procedure, a script and storyboard could take a minimum of 3 working days. Depending on the complexity and if assets need creating or not, the first draft animation could take a further 5 days. Amends and voiceovers might take another 2 days and a final animation could be ready within 10 working days from start to finish.
Cost: in the region of £6,000
Corporate video cost
This can be a very open brief, but if we take the 2 routes a corporate video often takes we can put some guesswork in. The cheaper route might involve writing the script, storyboarding and arranging voiceovers, product demos and stock footage. From a good brief, this could take 10 working days and have a cost of around £5,000 (not including stock footage costs). The more creatively crafted and professional route might mean filming which means crew, travel. If we consider additional motion graphics, maybe some drone capture and a lot of creative editing.
This could easily take 20 working days and have a cost of around £15,000
Product launch or commercial
If you want to get really creative this is where it’s at. It could involve a lot more project management, shooting footage in multiple locations, building sets, arranging actors and props, recording voice overs, applying visual effects all with some incredible attention to detail. The result will be unique, highly polished and have creative flair, but this takes time.
You could expect to take 30 working days and require a budget of around £35,000.
These are all finger-in-the-air costs and timescales, but we hope they at least give you some sort of idea of how affordable or expensive video can be in general.
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