Videomaker – Learn video production and editing, camera reviews › Forums › General › Video and Film Discussion › HOW MUCH SHOULD I CHARGE FOR A MUSIC VIDEO › If I’m having trouble figu
If I’m having trouble figuring out how much to quote someone for an event, I’ll typically charge an hourly rate, which would be the same from preproduction all the way through post. For example, for one video I just did, I told the gentleman up front that we run $100/hr, with everything included, and I guessed it would be about 10 hours work (3 hours on location, 7 in post). It turned out to be about 9-1/2 hours work.
Just remember, if you give someone an hourly quote and you’re way off the mark, they won’t be happy. If you quote a project at 20 hours and it takes 40, you’re almost better off explaining the extra time, and offering to compromise, than to try and demand all the extra. In fact, if your quote is in writing, some states have laws that will require you to honor your quote, unless there is an agreement to the contrary. To that measure, some video producers will write into their contracts that extra charges may be incurred above and beyond quotes, but I get really nervous about that stuff. If I tell someone that a project will cost them $500, I wouldn’t be able to sleep at night if I wound up charging them $1000. But that’s just me.