I'm Starting my own business in video production. My Market is Syracuse NY, which is known for not having very good producers for video. I am gonna use a Sony NEX VG20, priemier, after effects.
The top production house in syracuse is solon quinn studios, there is one other production house, ottvon media, both of these firms are actually good, In terms of talent, i have an equal amount of talent in each area of production as each of solon quinns team members (4 people). i watched everything they produced, and concluded that with similiar resources i can easily produce the same or better quality by myself. both these studios are known to charge 10,000 for at the most 5:00 of video.
I am currently making my own website which will look pretty good, by the time i fully launch i will have about 10 projects on my website in my portfolio, that i will certainly make them to the same quality found in solonquinn studios portfolio.
since i am just starting, what do you guys think would be a reasonable charge rate for a :30 spot, 1:00 spot, 1:30 spot, and a long form video of 5:00, considering this, i can shoot and edit top quality :30 spot in about 10 hours including high quality motion graphics, 1:00 being about 15 hours of work for real good quality, and 1:30 should take me about 20 hours max for top quality, long form it depends on the travel time, but for a really well produced 5:00 - 8:00 video it takes a good 10 hours to edit with good motion graphics
my second question is, eventually im gonna run into situation where i need actors, i cant find a actors guild in syracuse NY, so what methods do you guys have for finding actors for videos and how much should i pay them.
here is a longform video i produced for boces, i did this for free to get a portfolio project, but they are going to pay me to do 3 other projects after seeing what i did, they didnt plan on paying anyone to do those projects at all till i did this free project for them. this was my first professional project with decent equipment after i finished my degree, ive done more since then but i havent uploaded them onto youtube yet.