Hiring video editor is an easy task if you follow the right strategy. But one of the main factors while hiring a video editor is determining the cost. Video is now a popular method of marketing. Besides, it serves different purposes also. Therefore, everyone now wants to hire a video editor to make their business strategy better. Hiring an in-house video editor is different than hiring a freelance video editor. For this reason, you should know how to determine professional video editing costs. Because it can help you to save a significant amount from your overall budget.
So, how much does it cost to produce a video? It's hard to say because every video is different. However, there are some key factors that can help you determine the pricing of your video. In this article, you will find how to determine professional video editing costs.
Factors To Consider Video Editing Cost in a Professional Way?
Determining the video editing cost can be a tough decision. There are many variables such as video lengths, types, the complexity of the project, and many more. Besides the editor’s experiences, post-production requirements, deadlines also play important roles in the costs. Here are the main factors which can help you to determine the overall cost for professional video editing.
1. Video length
The longer a video is, the more it will cost. Because there will be a lot of scenes if you want to make a long video. Therefore, a video editor will need a long time to edit all the scenes, such as color grading, transition, effects, trimming. If you want 3 minutes to 5 minutes long video, then a professional has to work with more than 2-3 hours long video. He has to select the perfect scenes, then trimming them and rejoining the final parts. That is a lot of work. Besides, if you want post-production editing, then the overall price will rise. Therefore, the total video length plays a vital role in determining the video editing costs.
2. Video types
The next deciding factor is video types. There are many types of videos, such as wedding and events videos, commercial and brand videos, personal videos, documentary videos, short films. The list goes on and on. Each category has a separate price range. For example, personal video editing doesn’t need that much effort. With some basic editing, you can get what you want.
But when it is about wedding and event videos, you have to use different types of templates. Besides, without custom-created effects, those types of videos won’t be able to serve the purpose. For this reason, wedding and event video costs are high.
Next are commercial and brand videos that have a big field. You need to provide the script, voiceovers, and raw footage for video editing. The video editor has to work hard for the best output for this type of video. Because if your video is not engaging, then customers won’t find it worth watching. Therefore brand and commercial videos need extra care, and you have to pay a high amount for the best output.
3. Number of cuts per minute
The number of cuts per minute actually refers to how many cuts are in a one-minute finished video. This number is consistent for a single video. For instance, if a video contains 15 cuts per minute, it will take less time to edit and export the video. But if the video includes 30 cuts per minute, then it will take a lot of time to edit the video. However, 30 cuts per minute provide better output than 15 cuts per minute video. Therefore, if you need a better result and a very complex video with lots of cuts, then you have to pay high for the editing.
4. Special Effects and Graphics
To make a video more beautiful, video editors use different types of special effects and graphics. But it is also a determining factor. Because it needs time to create a special effect. Besides, a professional video editor uses his experience to sync the best motion graphics that go with the video. Because motion graphics are more engaging than typical videos. To make a motion video, an editor has to research and analyze the script; then, he makes the whole scene with elements, effects, and graphics. Moreover, it needs technical knowledge and experience. Therefore, motion graphics cost more than regular videos.
Experience also matters when it comes to video editing. The more experience an editor has, the higher the cost will be because they can produce a better quality video in less time. They can create engaging videos that provide the best result. But if you have a very tight budget, then you can go for amateur editors, but they cannot ensure the quality. That is why it’s better to hire professional video editors for video editing. Though they charge high, you won’t regret it after getting the output.
As you can see, there are many factors that determine how much professional video editing will cost. Professional video editing can cost anywhere from $100 to over $5,000. It also can cost more. It all depends on the factors we have mentioned above. Hope this video will help you to understand how to determine professional video editing costs.