Need a Rate Card or something for Comparison
Videomaker – Learn video production and editing, camera reviews › Forums › General › Video and Film Discussion › Need a Rate Card or something for Comparison
- This topic has 1 reply, 3 voices, and was last updated 3 years, 2 months ago by
mesodrunk11.
-
AuthorPosts
-
-
July 30, 2010 at 8:29 PM #43254
mesodrunk11
ParticipantHi! I’m starting my own post production edit house down here in FL and I was wondering if anyone could provide me with a sample rate card? it would be very helpful to see what people in other areas of the country are charging. And any advice for a newbie would be much appreciated! thanks in advance!
-
July 30, 2010 at 9:01 PM #181318
Grinner Hester
ParticipantIt depends on your gear, expereience and capabilities. Your rates have nothing to do with what established post houses who know what their work is worth charge. I know of not post house that has or needsa rate card.We charge by the hour and have that rate memorized. No need to write it down andwe don’t limit clientele by posting it.
-
July 30, 2010 at 10:39 PM #181319
composite1
MemberMeso,
A rate card is useful if you’re running a Rental House or if you’re a journeyman freelance crew type (i.e. cameraman, audio tech, grip and so on.)
When starting your own joint, a good place to start is to look at your state’s Department of Finance website or literature (whichever is available) to see what the standard rates for specific jobs and services are in your region. The standard rates will give you a good indicator of what your region’s market will bear. Armed with that info, you do as Grinner implied and set your rates according to your business assumptions concerning your specific overhead and expected profit levels.
Another thing you’ll have to factor in is the skill and quality level of services you’ll be providing. If you’re working with top of the line gear, software etc. you’ll need to set your prices to get all of that stuff to pay for itself in a timely manner. However, as a new house with probably little or no reputation you’re going to have to be reasonable with your initial pricing. Yeah, it would be easy to look at an established house and base your rates on theirs, but that’s not going to help you.
-
-
AuthorPosts
- You must be logged in to reply to this topic.