One most frequent question people often ask when it comes to video marketing is: How much does a 1-minute video cost? And, more importantly, why does it cost this much? T1-minute is, video production cost depends entirely on your personal budget and goals.
You can capture some footage using your mobile phone, edit it on free apps and then upload to social media websites – all for free. Or you can outsource your project to a professional video production company where you’d be looking at a budget ranging from $1,000 all the way up to a million dollars. It turns out that the exact numbers are very hard to come by.
There are many factors that affect the cost of video production (video type, duration, crew, equipment, travel expenses, etc.). For companies looking to outsource your video production, the good news is that many factors that affect the final costs have been dropping dramatically over the past few years.
To give you a better understanding of what to expect, the team at Make a Video Hub created the infographic below to help you better figure out video production costs by introducing the process behind what it takes to produce video content and breaking down the basic factors that drive video production costs. What’s more, it gives an estimate of the total cost for a 1~2 minute video depending on the quality level.
Check it out!