How much does video production cost in the UK 2023?
Video production is a vital aspect of any modern advertising and marketing plan; video helps businesses to create engaging and informative content that can be used to promote their products and services. However, video production can be a costly endeavor, and businesses must be aware of the costs involved. In this blog post, we will explore the typical costs of investing in video production.
The cost of video production in the UK varies depending on the type of video being produced, the length of the video, and the complexity of the production. A basic corporate video can cost from £900, while a high-end commercial can cost upwards of £50,000. The average cost for a 2-minute corporate video is around £5,000 - £10,000.
One of the biggest costs in video production is the cost of the equipment. A professional video camera can cost anywhere from £1,500 to £15,000 plus, professional editing software and plugins can vary in price. Additionally, lighting, sound equipment and other accessories can also add to the cost.
The cost of the video production team is another significant factor to consider. The cost of hiring a video production company can vary depending on the size and experience of the team. A small video production company may charge around £500-£1000 per day, while a larger company may charge up to £3000 per day.
Another important cost to consider is the cost of location and travel. If the video is being shot on location, then the cost of location scouting, permits, and transportation must be taken into account. The cost of location can vary from as little as £500 to several thousand pounds, depending on the location and the type of shoot.
Finally, post-production costs should also be taken into account. This includes the cost of editing, color correction, sound design, and the cost of creating any special effects. The cost of post-production can vary from £500 to £10,000 depending on the complexity of the video.
These figures are not being pointed out to put you off having video, but to educate you on the investment that creative companies make into having the tools to create clients’ visions.
We have set rates which allow us to build our quotes for enquires that come through. For our projects we will normally charge from £990+VAT, this includes a day of filming + editing for 1 video of 60 to 90 seconds, the price normally starts here and then increases with add ons like animation, extra crew, studio rental and additional edits. We are certainly not the most expensive but we definitely are not budget focused with our pricing; that is because what we deliver is a powerful story driven piece of media which is going to help a business spread their message and encourage custom.
In conclusion, the cost of video production in the UK can vary greatly depending on the type of video being produced, the length of the video, and the complexity of the production. A basic corporate video can cost as little as £500, while a high-end commercial can cost upwards of £50,000. Businesses should be made aware of the costs involved by their chosen or prospective production company and plan accordingly to ensure that their video budget is sufficient.