Shopping For Video Production Quotes.
When potential clients are shopping for quotes from production companies, some are unfamiliar with the details considered when creating a budget. Therefore, when approaching producers for a quote, they are usually unprepared with a frame of budget. It is helpful for the producer to know how much they have to work with when visualizing the needs of a production. Different production companies produce different levels of production values – from low budget productions to high budgets. There are decent videos produced with low budgets; however, there is truth behind higher budgets allowing for higher quality productions. It is important that you invest your dollars in a corporate video that will reflect the quality of your company.
Budgets and Higher Quality Video Productions.
Here is a general description of what goes into your quote. For starters, all production staff and crew have to be paid a day rate. This includes the producer, director, camera operations, and lighting/sound department. These are the primary positions for every shoot, every size. Equipment rental packages are also necessary to be considered (cameras, dollies, cranes, etc.). These prices will vary. Some productions will require casting, which comes with a fee separate from the actors’ pay. If a company is unable to provide a filming location, location permits and fees become another factor. Of course, a production is being budgeted per day of shooting. Therefore, all fees and rates are multiplied per day. There are many other details considered depending on the size and demand of the production.
It is the producer’s responsibility to delegate where your dollars should be invested. Different aspects of your business could be highlighted more than others to enhance the image of your company. If a shoot is coordinated for four days, maybe a crane is only needed on one day. This will enhance your image and definitely make your company look good. And by choosing to shoot the crane shots on one day will allow you to spend money on highlighting other dynamics, as they should be.
When it comes to post production, editing sessions will either be an hourly or fixed rate depending on the editor. If you are interested in incorporating motion graphics, this also comes with an additional price. Another aspect to consider is music. You can pay to have music composed or purchase the rights to available music.
It is up to you and your company to determine your frame of budget. What can you afford? Do you want a big production with actors and cameras on cranes? Or just a simple interview? It is your decision, but keep aware of the relationship between budgets and higher quality productions. And remember the image you want your company to reflect.
We would love to have you as a client! For a quote on your next video project contact Seven Pictures at (323) 462 – 0987 or complete our Get a Quote form.