There's a lot that goes into producing a high-quality video. From pre-production planning to post-production editing, there are many steps involved in the process. And each step can add to the cost of your video production.
The cost of video production can vary widely depending on several factors, including the type of video, shooting location, the video's length, and more.
Here is a breakdown of some typical costs associated with different types of video production (excl. GST):
To help you understand what goes into the cost of producing a video, we've put together a breakdown of the typical costs associated with each stage of production for an online corporate/commercial video production in Melbourne.
The cost of a video including:
Now, let's look step by step (cost is GST exclusive).
This is the planning stage of your video production. It's when you determine what type of video you want to produce, your target audience, and what message you want to communicate. Pre-production also includes writing the script, finding/scouting locations, and hiring talent. These costs can range from $1,000 to $10,000 or more, depending on the scope of your project. At MSN Digital, for a typical corporate/commercial video, we charge a flat fee for all necessary production works, from pre-production to post-production.
This is the cost for actors and extras.
In Melbourne, the typical range of the talent cost is:
If the project is a TV commercial, depending on the talent, the cost generally will be higher.
This is the cost of hiring a filming location. Depending on the project, it can be $500 per day for a studio or $7000 per day for a high-end place for large commercial productions or feature films.
We use the latest Canon cinema cameras at MSN Digital to shoot videos. We also have much other equipment for most corporate/online commercial videos, saving your hiring budget for filming equipment.
For a larger project, when we need a high-end cinema camera and lenses, it will cost from $500 - $2000 per day for a camera; $200 - $1000 per day for a set of cinema lenses.
At MSN Digital, we have a small production team to shoot videos. Depending on the size of the project, we may need to hire a director, director of photography, gaffer, camera assistant etc. Our quote will include all the crew costs.
All of our videos come with royalty-free music, which allows you to share your videos on any platform, including social media, cinema, and TV.
If your video requires a voice-over, we will send you samples from different VO artists. For example, a voice-over script of 800 words generally costs $500 - $800.
Our fees include editing, colour grading and simple titles. If your projects require complicated visual effects, the cost will be different. Please get in touch with us for more information.
If you need help creating a video for your business, short film or music video, we will help you with all aspects of your video project.
Typically, for an online commercial/corporate video, we charge a flat production fee of $4500 + GST for one shoot day, including script writing, casting, shooting, etc. Our simple pricing model includes all productions cost, from pre-production to post-production.
If you are looking for a Melbourne-Based video production agency, don't hesitate to contact us to discuss your project.
MSN Digital is a video agency specialised in helping small to medium business produce videos in an affordable way, based in Melbourne, Australia.