As a filmmaker you are going to get asked a ton, How much is a Video? What are your rates? How Much do you Charge? What do you charge to edit? and it goes on.. Today I am going to tell you exactly how I Price My Video Production Work hourly so that it is super easy to send proposals and invoices to future clients and you will always know your dase price to tell people asking for a quick answer. This is my video production pricing formula and method how ever it is scalable for any size budget or production.
Formula: Base Price + Hourly Production Rate + Pre-Production + Post Production + Add-ons – Discounts = Total Production Cost Margin – Minimum 20% of your total day rate. (if not more) Base – 20% of your Day Rate Retainer – 40% of your total production cost If you are hiring DPs I would suggest charging double their rate to allow for added expenses and to pay them extra for good work. (50% margin on all crewmembers)
Download the Pricing Calculator from my Website At: jamesdbuzzard.com/product/video-production-pricing-calculator