When planning a video project knowing the cost drivers of video production will help when comparing quotes different vendors or in the negotiation process to get a video project at a reasonable cost. Even if a company internal produces a video, paying close attention to these cost drivers can be beneficial to understanding the essentials to produce a quality online video.
Corporate Video Production – How Much Will it Cost?
When choosing a video production company, you will be quoted a range of prices based on their understanding of the video project. Do video production companies end up at their ballpark price? Sometimes, but there are a lot of project variables to scope before a vendor can give an exact quote. Be prepared with as many details or samples when you engage with a video production company.
Corporate Video Production – Questions to Narrow the Scope of the Video Project
When planning a video production project, a video production vendor might ask a few questions about the video project. The answers help the video production vendor get a feel for the type production value needed to create a perfect video. This information also narrows the scope of the video project, so an accurate quote for the video project can be developed.