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Re: Freelancer in need of charging advice

COW Forums : Event Videographers

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Mark Suszko
Re: Freelancer in need of charging advice
on Jul 13, 2017 at 6:31:05 pm

You should bill hourly or by day rate.... but if the client wants a flat price, it's not hard to convert the hourly into a "package price". The trick is in doing an accurate enough estimate that you don't under-charge or over-charge, and that comes with experience plus getting as much intel on the project up-front as possible. Post time can vary wildly, depending on how much added work you'll need to do, say, repairing bad audio, or adding-in graphics, and creating and mixing music.

Relative costs and time shift between production and post-production; for example, if you can live-switch a multicam feed of an event, you're basically done at the end of the event, except for cleaning up any little mistakes and adding in some titles, maybe color-correcting, and bam, you're burning DVD's or BluRays or sending out FTP's. But, to get there ,that means the shoot's more expensive, because you've got multiple camera operators, a diector, and the switcher to rent. But you shaved maybe six hours of post production over having to ingest, log, and line up a multicam edit. So the estimate on hours is dependent on variables like those, and others.

The safest path I think is to make your best estimate, based on time x rate, then add in a few percentage point's worth of contingency fees.

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