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Cost calculator for video production
Allocate your video production budget sensibly according to priorities:
Start with a clear definition of the project scope. Understand the purpose, length and complexity of the video and prioritize key expenses such as team, equipment and location. A well-structured plan will help you avoid unnecessary costs.
Contact multiple vendors for locations, equipment rentals and talent. A price comparison can reveal cost savings and ensure you get the best value for money.
Always reserve 10-15 % of your total budget for unforeseen expenses. This reserve can help you cope with last-minute changes, extra shooting days or unexpected fees without stress.
Explore cost-saving options such as using public locations, archival footage or working with volunteers or up-and-coming talent. These resources can help you achieve professional results without breaking your budget.
Plan your editing requirements in advance by defining transitions, effects and final outputs early on. This helps to minimize changes and additional editing costs.
Use a budgeting tool or spreadsheet to monitor your spending in real time. Update your budget regularly to ensure you stay on track and avoid overspending.
Adapt the production quality to the distribution platform. High-quality equipment is often not required for social media videos, for example, while TV commercials require first-class quality.