Some video production companies set their prices based on the runtime of the final video. Before entering an agreement with a video production company, make sure you know exactly what you are getting. Documentaries weave together event footage with interviews, photos and more. Therefore, among the editors we spoke with, the rates seemed to run somewhere in the $3000 – $3300/week range. Chris Do, founder of the very successful design agency Blind, explains the idea in this excellent video. For professional purposes, a highlight reel can be used as a commercial or to educate viewers about your product or cause. Back in the early years, most editors were members of the Motion Picture Editors Guild. Yes, they’re fun to work on. Normally, he’ll earn $1200-$1500/day for a commercial job as a freelancer, but even on a video for a major star, he lowered his rate to $800/day and had to pay for his own travel expenses. Day rates can vary based on location (Los Angeles and New York editors command the highest rates), but an experienced editor with a great reel can charge $750/day on the lower end to $1500/day on the higher end, working eight- to ten-hour days. The cost of the videographer will vary based the number of hours of raw footage, the size of the video crew required, the amount of editing and retouching, the final length of the video, the location, and any additional services you request. Time on the clock might include consulting with clients about goals, setting up and filming at the event, and doing post-production work such as editing, music overlay and more. You’ll get tons of exposure. Now that you have a foundation for getting paid what you’re worth, let’s look at those sub-industries we mentioned. It’s generally a somewhat lengthy process to get from industry newbie to lead editor. In those cases that means that the director is handing over a lot of creative control to the editor. On top of that, there are bar and bat mitzvahs, memorial tribute videos, birthdays and quinceañeras, and all sorts of corporate events including awards and honors, parties, and trade shows. This applies whether you’re looking at a full-time position or a one-off project. Most of the individuals we spoke with are freelancers who have carved out sustainable careers as working editors. They can edit films in their bedrooms and post them to YouTube in an afternoon. Larger events and a more elaborate vision could require multiple cameras and multiple crew members on-site the day of the event. Or worse, spend a lot of OT (as in, “own time”) getting it done if you’ve radically underestimated. These “small” advertisements are so widespread that they now take up a bigger piece of the commercial pie than the “big” advertisements do. A lot of time, equipment and labor goes into producing a top-notch video, and it pays to hire a professional videographer to create the best final product possible for your video needs. And while he knows that it’s important to remain flexible and collaborative, he’ll move on if he feels stuck creatively. All of this is key to being successful. You've heard of wedding videography, but have you considered event videography and all the other ways you can use a professional videographer? The best reason to join: your wages are fairly controlled, you’ll get paid overtime, and you’ll have better access to health insurance. $500-$1,500 for personal documentary videos. At some point, you’ll need to negotiate your rate. It doesn’t matter if you’re a freelancer, a company founder, or a staffer. So price yourself based on your own feelings, it doesn't really matter what other people are charging. Do spends 36 minutes with a roomful of young designers (and a whiteboard) breaking down pricing strategy. Ask yourself not just how they’re different, but how they might complement your business. Lee Gardner, a Los Angeles and Seattle-based commercial and corporate editor, makes it a point to network, both in real life (i.e., inviting colleagues to get together in person) and digitally. For more, check out our tips for. Popular requests from clients include taking raw footage of an entire event, recording and editing a full feature film (usually 30-40 minutes), or recording the event and then creating a highlight reel or short video (often 3-4 minutes). Info courtesy of Blue Collar Post Collective. Sometimes you’re competing with someone else in the business. What that also means is that if you look at the wage scales for union gigs versus non-union, it often looks as though the union jobs pay less (because they give you all the aforementioned benefits).
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