How to Estimate the Cost of Corporate Video Production for Your Business

How to Estimate the Cost of Corporate Video Production for Your Business

Well, the importance of corporate video production in the success of your business needs not to be exemplified. It holds capabilities to take your business achieve new prestige. However, nowadays it is quite tricky to estimate the budget of video production.

Most of the companies in Houston don’t “showcase” their prices. It gets difficult to have an idea about the budgeting as well. However, for video production Houston, there are some points to be considered which might help you regarding planning of your budget. They are as listed below.

Video production stages

The first thing to be kept in mind while consulting a video production company is their “day rates.” The company you think of hiring may charge the amount on per-day basis since it can make it easier for them.

  • Concept Planning

After you have approximate idea about your potential company’s rate, the second step is to sit down with a pen and paper and discuss the whole concept. It might take an hour or two, but as per the concept, the costing gets easier to decide for sure.

  • Pre-Production

This stage has important factors not to be missed out. Your concept meeting helps to create a short list of necessary items, and also the requirements of videographer (camera setup, lights, etc.). This also can be added to the budget as well.

  • Video Shoot

This is the final stage to be thought of. What you have imagined so far will be on the display. This is an obvious factor of the video production cost. Mostly, single videographers shoot in only one location. However, there can be multiple locations involved along with an additional team, so the spike in cost may be expected.

Post-Production

Most people think that work is done once the video is shot. In fact, the real work begins after the shoot, i.e. post-production. This is the final setup for your commercial and the place most of videographers spend their time into.

  • Logging Raw Video
  • Creation of Script
  • Editing Video
  • Wrap

These are the stages included in the post production stage. Post production plays a key role in estimating budget. It takes 2 – 5 days for a videographer to complete your video (and also receive his pay as well!).

The video production is a bit expensive. Make sure that you hire a reliable video production services.