Breaking It Down: How Much Should Making Videos ACTUALLY Cost?

Videos are the way to go in marketing your business, with their easy to consume content, instant shareability, and lasting impressions on your viewer. You might have considered producing a video for your own business, but thought it wouldn’t be worth the trouble. Think again!

We analysed 25 local production houses for their services provided, and averaged out the costs. In this article, we will be going through how much making a video would typically cost in Singapore, as well as the services you can get based on your budget.

Services to consider:

1. Script & storyboard

Have no idea where to start in terms of the story and flow of your video? Then you’ll need help with creating the storyboard and script.

The price will vary depending on the complexity and length you want your video to be. A longer video length = more ideas needed with the script and story!

2. Film crew

Is it time to roll the cameras yet? The budget depends on whether you want to hire a basic videography team or a full crew (that includes a lighting technician, a sound guy, multiple cameramen, etc.).

If you’re in need of video help, ThunderQuote is the place to go. Simply submit a quotation request for free and we’ll get up to 5 video producers linked up to you ASAP!

3. Director and/or producer

If you’re not fully sure how to translate your creative vision on tape, then you might need a director and producer to take on the reins.

Their fees could increase depending on how long your video will take to shoot. Though not completely necessary, it could be a big help to getting your video to perfection.

4. Actors

Have you decided who will be in front of the camera? If you and your colleagues are camera shy, you’ll need to hire an actor instead.

5. Hair and makeup

You’ll also need to consider hiring someone to do hair and makeup. Just don’t get too ambitious with wardrobe changes and crazy looks!

6. Location

Don’t forget location costs, which varies according to the venue itself.

7. Editing

Editing costs vary greatly according to the type of video you are looking to produce. Do you need basic editing or are you planning to make a more cinematic or documentary style video? Editing is hard work, so make sure to set aside a good amount of your budget for that.

Voiceovers and subtitles might be necessary too, and the cost will depend on the length of your video. Some voiceover artists will charge by the minute, so do keep that into account.

Background music is important too, and their rights need to be purchased before they can be used in your video.

Pricing average

Here’s a breakdown of the average pricing for each service we just mentioned:

 

Your video should range from $1500 – $5000, depending on your ideas and requirements of course.

Now that you have a rough idea on how much your video idea should cost, it’s time to start shooting! Not sure how to start? Submit a request on Thunderquote to get up to 5 free quotes from video production houses today!

ThunderQuote is the most comprehensive business services portal in Singapore, Australia and ASEAN , where hundreds of thousands of dollars of procurement contracts are sourced every month by major companies like Singapore Press Holdings, National Trade Union Congress and more.

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If you Google “tips on media production”,  like every other searches, you will come across thousands of articles, video blogs and E-books. Ranging from short videos to professional filmmaking production.

For the purpose of this article, let’s focus on marketing media production because video marketing is definitely the way to go right now, especially with Youtube video ads and the new addition to Facebook video ads. Might be bad news for users, but amazing news for marketers!

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How Much Does An Explainer Video for Your Business Cost in Singapore

More and more marketers are using explainer videos as a marketing tool to promote their brand or company. This is because they have realized videos have a much higher impact on people as opposed to reading an article or explanation. Explainer videos provides a much better clarity as they saying goes a picture speaks a thousand words. 90% of the information transmitted to our brain is visual hence videos gives you a clearer view.

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The Top Reasons Why Online Videos Are The Future Of Marketing

In the past 10 – 15 years, technology has become so powerful and knows no boundaries. It has changed the way we do things in the matter of a few short years. People have moved on from laptops and computers to their phones and tablets to search the web and interact with people. To keep up with the fast paced world, the way your market your product also has to change. And today we are looking at video marketing as the way to go in businesses as it is in line with our on-the-go lifestyle that keeps changing rapidly and also because of its flexibility.

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5 Ultimate Reasons To Have A Video Marketing Strategy

Millions of people are creating new video content daily. But how many videos have you seen versus how many are out there on the web? Without a strategic marketing tactic to get it noticed and stay relevant, there is little purpose behind creating a video that will just take up space on your web page. Establishing a video marketing strategy can sound intimidating, especially for a startup. Chanel invested $33 million commercial video starring Nicole Kidman, how do you develop a video strategy when your entire budget is about 0.01% theirs? 

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