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440 Forums _ Independents, Business _ How Much To Charge? That Is The Question...

Posted by: uvbnskoold Sat 20 May 2006, 04:54

Hi there,

Just wondering if anyone can help out... I've been doing music for videos for a while now... but now that I've got experience under my belt and people like my work, I'm getting requests for quotes.

Now, I don't know what the "standard" rate is... I know that things can be more expensive or less expensive based on certain circumstances, but can anyone shed some light on what the standard rate for music is?

Take corporate videos for example... something I've gotten into. What is a good rate to charge? And to you do it based on the whole or on a per min/music basis?

And films for example... what is the standard there?

Any help would me MOST appreciated.

Uvee.

Posted by: simpleman Sun 21 May 2006, 22:26

I would say this might take some time. You might want to negotiate with clients and see how high they will go on the price, eventually you'll get yourself a standard rate by doing this.

have you thought about price ranges??

what makes a video standard, or a premium video, what types of enhancements would a client get out of a premium video with features, this could add value to your product

Posted by: Mac-Dee Mon 22 May 2006, 03:18

Hey there,

every job is different and negociable............

1) find out what the jobs / your clients Budget ?
2) is it commision work ..? or will you retain copyright ownership ?
3) work out your costs ..(materials, postage, to run your gear, insurance)
4) work out what you think your times worth (not what others think) ?

in regards to 4) ...work out whats involved to make the product ...everything .. your input is it your ideas etc not just your camera work or whateva your case is just work out everything you need to do ..

I compose music and like to offer my clients different options
after working out the above i quote them ...
but a big one for me was knowing what i am worth to my self and sometimes if you dont get that price dont be afraid to walk away from the job .. so as you attract the right group of people you want to work with .

Day rates are good ! , Hour rates are ok ... but if there are mass amounts of hours you will scare clients of say if your charging $50 and above

a good starting rate would be $50 per hour because it is a skill ....
Maybe $200-400 a day depending on whats involved etc above list

working out a package deal for a client works well .....
or a disscount rate eg ... 1 video clip X amount ', 2 video clips X amount - 5% , 3 video clips X amount - 10% so on ... Just negociate , dude its all about that

see you may like a project and want to own some copyright ownership and may be able to disscuss that with the director/client and make it cheaper eg ( they might be starting out ) .

Oh i should say one thing to do so that you are well Priced

Reasearch who is doing what your doing and ring around for quotes ( pretend to be a customer or something) and see what they charge.

Cool good Luck hope that helps you out

D




Just wondering if anyone can help out... I've been doing music for videos for a while now... but now that I've got experience under my belt and people like my work, I'm getting requests for quotes.

Now, I don't know what the "standard" rate is... I know that things can be more expensive or less expensive based on certain circumstances, but can anyone shed some light on what the standard rate for music is?

Take corporate videos for example... something I've gotten into. What is a good rate to charge? And to you do it based on the whole or on a per min/music basis?

And films for example... what is the standard there?

Any help would me MOST appreciated.

Uvee.
[/quote]

Posted by: uvbnskoold Sat 27 May 2006, 04:26

Thanks for your help, guys.

I do realized I need to find out what the client/director/producer's want how long it will take and how much my time is worth to me... my only fear was that I'd scare too many people off. I'd hear random things like... charge $100 US per min of music and stuff like that. I'd also heard that for a 30 sec commercial composers make anywhere from $200-$800. So I was kinda at a loss.

I know that with negotiating you want to start high too. Just not so high as to scare people away... but I know what I'm worth. I think I'll take your advice (Mac-Dee) and scout around to see what others are charging. I was going to do it... but I don't like being dishonest... but hey, it's just research. smile.gif

Thanks for your help, both of you!

Uvee.

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