what to charge

jecst29 wrote on 3/1/2005, 5:43 PM
I recently completed a video slide show project consisting of over 500 pictures, transitions and music background for the entire length. The total time of the slide show was 44:00. This was the first project that I was paid for. I know I got no where near the going price for the work but it was for a friend. Is there any guideline for price for video projects? By total rendered minutes or time on project or other criteria. I know this question has probably been asked many times before, but any help would be appreciated. Thanks

Comments

rdolishny wrote on 3/1/2005, 5:52 PM
You're right, it has been asked a million times before. Please do a search! :)

But while you're searching consider how many hours you worked on the project, or maybe if you did it again how many hours you would charge.

I found a handy 'hourly rate' xls file on the dv.com web site, sorry no link but it was on their home page for a while.

Congratullations on your paying gig.

- R
farss wrote on 3/1/2005, 6:05 PM
I always bear in mind too what it's worth to the client and what they can afford. This means I do loose on some jobs but as I have about zero overheads that's OK. What it does mean is my name gets out there, remember the old Six Degrees of Separation rule.
I now make very good money just because of a job I did for someone who just mentioned my name in passing to someone else. Believe me, money cannot buy advertising that comes from a happy client and the great thing is they can open up opprotunities that no one else is exploring.
Bob.
TheHappyFriar wrote on 3/1/2005, 6:15 PM
Bingo.

I recorded, edited (multi-camera), & made DVD's of a musical for someone. I didn't charge that much 1) because it was my first gig with her & 2) I do this as a hobby & don't want to make mad $$$ off it.

I'd say it depends on WHY you're doing the editing. I never charge someone more then they can afford & always give them an estimate first. ex: normally I say "it will cost at MOST this, but could be less". That way they know what to expect.

In fact, I'm doing a short video for someone & quoted them between $250 & 300. Ends up it won't cost them more then ~$200.
JackW wrote on 3/1/2005, 6:21 PM
We figure we can process about 35-40 pictures an hour -- that is, capture them, crop them and add them to the timeline with transitions. We capture using a copy stand and digital camera to acquire each image so we can re-compose pictures as needed. We crop using a variety of shapes, and vary the transitions between pictures.

I'm sure that many Vegas users would argue that acquiring images with a scanner is faster and they're probably right. We're used to working with the copy stand and find that having clients work along with us, framing shots on the copy stand, is an excellent way to involve them in the project.

With pictures on screen for an average of 5 seconds it takes 12 pictures for a minute of finished tape. So a 10 minute finished photo montage has roughly 120 pictures in it and takes about 3 to 3.5 hours to put to tape.

Figure another hour to add music, titles and captions and you're looking at 4 to 5 hours total for a 10 minute piece. Multiply this by your hourly rate for editing and you've got the price for the job.

If someone brought us 500 pictures to be put into a montage, I'd give them an estimate of 17 to 20 hours for the finished project. This time would include capture, cropping, to timeline with transitions, adding titles and captions, adding and adjusting music, and review with client. Client changes -- there are almost always some -- could increase this time.

Obviously the length of time involved will depend on how much you do with each photo.

Congratulations on your paying job: hope you get many, many more.

Jack
PeterXI wrote on 3/1/2005, 10:23 PM
Easy: 5$ per slide, minimum charge 50$. Use DSE's lazy boy's photomatage creation tool in Ultimate S or so it yourself with Pan?Crop. We refuse to use any music we do not hold licenses for and don't do "nudge-nudge...I won't tell who put Billy Ray Cyrus on there..." Unethical and, more significantly for me, highly illegal. Extra tweaks anbd titles are 100$ per hour. Hope that helps.

Peter
(formerly known as PB and unable to chnage handle)
ScottW wrote on 3/2/2005, 8:26 PM
I am clearly in the wrong market area. We typically do $1.20/picture (on average) for a photo-montage type deal and still get folks who think we're charging too much - I finally gave up on the music issue (though I started out with a "no tolerance" policy); we were losing too much business if we didn't do Billy Ray or whomever (sorry, but that's the way it is - when I see these guys doing wedding video's at WEVA pulling in 6 figures/year who don't care about sync licenses, I'm not going to worry about what we do - yep, we bad, and if the music folks ever give me a way to pay for this I will happily do it).

I don't think our market would support $100/hour; it might, but we're still getting some push-back at $50/hour.

--Scott
Chanimal wrote on 3/2/2005, 8:58 PM
For photo type personal videos with some actual footage (I take or capture from older tapes), for weddings, graduations, 40th birthdays, etc.), I do for FREE. Always have (about 60 such videos within the last two years). I have had people willing to pay (and I live in an affluent area), but I just do it to help out (plus I get invited to the party).

However, for company videos (sales presentations, commercials, product introductions, corporate videos) I charge a flat $100/hour (period). This includes scripting, filming, scanning, editing, sound work, initial duplications, etc. It is more than competitive (my $4,000 video cost a fortune 100 company over $30,000 the last time they made a similar one).

I charge $50 when I get business from an ad agency (I consider it gravy).

Of course, I have a full-time regular career, but this pays for the equipment and satisfies my fix.

***************
Ted Finch
Chanimal.com

Windows 11 Pro, i9 (10850k - 20 logical cores), Corsair water-cooled, MSI Gaming Plus motherboard, 64 GB Corsair RAM, 4 Samsung Pro SSD drives (1 GB, 2 GB, 2 GB and 4 GB), AMD video Radeo RX 580, 4 Dell HD monitors.Canon 80d DSL camera with Rhode mic, Zoom H4 mic. Vegas Pro 21 Edit (user since Vegas 2.0), Camtasia (latest), JumpBacks, etc.