Useful information about
video production processCorporate video is a powerful media that can have a major impact on your sales campaign. Video production allows for versatility in that it can be played to a large audience at a conference or an exhibition or it can be used in smaller sales presentations or incorporated into a bid response. This document sets out to bring you a brief overview of some of
things you would need to know if you considering making a corporate video.
If you are thinking of a corporate video production,
first thing to do is arrange a meeting with a video production company. At this meeting
corporate video production company will aim to learn as much as possible about what you are seeking to achieve and will try to establish
following facts:-
(i)Who is
audience? (ii)What are
objectives of
corporate video? (iii)What is
likely lifespan of
corporate video? (iv)How is
corporate video is likely to be used? (v)What are
key messages? (vi)Who and what needs to be filmed and where? (vii)Does
programme need a script or can it be made up of interview clips? (viii)Does
programme need a presenter or will voice over suffice? (ix)Would
programme benefit from video graphics? (x)What format will
programme be delivered in - CD ROM, DVD or web clips? (xi)What are
timescales for
project?
It is likely you will not know
answers to all of these questions, but reputable video production companies will have a wide portfolio of work from other clients which they can show in
meeting to give examples of different approaches to programme production. Following this meeting
video production company will produce an initial draft scope.
A video production scope document is
reference document for all projects for both
client and
video production company. The document describes in detail
audience, objectives, messages, proposed treatment, filming schedule and budget for
programme. This budget is completely transparent in that it itemises
individual activities contained in
production process and states
daily rate and
estimate of time required for each activity.
The initial scope document produced may be agreed immediately or it may change as your ideas for
project develop and further meetings take place. However, once
scope is finalised
budget will be fixed and will not change unless you change
scope.
This process protects you from "budget creep" and protects
video production company from "scope creep". For example, if
video production company has underestimated one of their activities - editing for example - then this is their responsibility and no additional charge should be levied. If you alter
scope in any way during
project - adding an additional day of filming for example -
video production company will then amend
scope document, inform you of
increased charge and await confirmation of
acceptance of
charge before
additional work is undertaken.
Corporate and Training Video Production Costs
Corporate video is perceived as being expensive when compared with
development of other marketing collateral, though this is not necessarily
case. A corporate video can be produced for as little as £6,000 or as much as £50,000 depending on what is involved.
Advice on budget depends on
objectives of
corporate video and your likely return on investment. If
video is going to be used many times and be a key part of a long sales campaign to win a £500M outsource contract, a significantly larger budget would be required than a programme that is going to be played once at a conference.
The activities that will make up a video production budget are as follows:-
(i)Project Management. (ii)Script writing. (iii)Filming/studio. (iv)Presenter/voice over artist/sound studio. (v)Editing. (vi)Video graphics and grading. (vii)Stock footage (news or general footage purchased from BBC or ITN). (viii)Encoding (to CD ROM, DVD or web) (ix)Software authoring (CD ROM or DVD menu) (x)Artwork (on body disk label, interface design and packaging). (xi)Disk duplication.
A simple corporate video may be shot on location on a single day at your company headquarters or customer site,
content may be made up of interviews (so no script) and may be edited over three days, encoded and delivered as a simple master disk. Such as project could cost £6,000.