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Cost of corporate video production can and does varies from agency to agency. Professional corporate video production for your company does not have to be expensive. However, there are several fees involved with video production, which we’ll discuss in this article. If you’re searching for a precise estimate for your corporate video production you may contact us for a quote. Learn about 10 elements that influence how much a corporate video would cost in Malaysia.
Typical Hourly Rates: For a recent film school graduate, expect to pay RM100 per hour, while for a seasoned video production expert, expect to spend RM500 per hour. The executive producer of the production normally gets a fixed wage in KL, Selangor, and comparable metro regions.
Typical Rates: For an experienced scriptwriter to generate a video concept, storyboard, and script for your video, you can anticipate paying between RM200 and RM600 per hour.
Typical Hourly Rates: Actors, models, and voiceover artists often charge between RM200 and RM2000 per hour, depending on demand, experience, and union fees.
Stock photographs, videos, and graphics are more widely available and less expensive than custom-made versions. You don’t have exclusive rights to stock photographs, which is a disadvantage. They can also be used by others.
Typical Rates: Stock pictures may be as little as RM20 per image, while 4K and HD stock footage can be as low as RM90 for each clip. High-quality stock photos can set you back significantly more. Cutaways and B-roll shots often account for 15% to 50% of total filming/shooting costs. This will be determined by the amount of time required to capture the additional video as well as the type of camera employed.
Typical Rates: Simple graphics are required for certain videos, while others are totally animated. Basic editing costs between RM300 and RM1000 per hour. Special effects, on the other hand, might easily cost between RM400 and RM1500 per hour. The cost of high-quality 3D animation is determined by the animator’s expertise and the project’s complexity.
Typical Rates: The overall length of time necessary for production is the most important component in calculating location expenditures in your video production prices. You can accomplish a lot in a short period of time if you prepare well (which is another reason why scripting and storyboarding are so important). If a studio is required, rates in the city range from RM400 to RM1600 per hour, depending on the size of the studio.
Typical Rates: For a 2 to 3-minute track, royalty-free music for video starts at RM750. If you engage an audio engineer to create a song for your video, it might cost anywhere from RM2000 to RM8000 or more, depending on the musician’s talent and experience, as well as the project’s demands.
Typical Rates: In the city, key staff such as the director, director of photography (DP), and editor earn between RM300 and RM600 per hour. Sound engineers with their own equipment make between RM200 and RM350 per hour while lighting engineers earn between RM100 and RM250 per hour.
Typical Rates: Costs for video rendering and compression might be bundled with other services such as editing, or they can be added to the budget as an hourly price. Prices range from RM100 to RM350 per hour, depending on the computer’s processing speed.
Typical Rates: Is it an RM800 smartphone or an RM100,000 RED camera you’re using? The bottom line when it comes to camera prices is that the more costly the camera package, the more noticeable the difference in the end output will be. You might pay anywhere from RM400 to RM8,000 each day or more depending on the camera bundle you pick. Teleprompters, jibs, Steadicams, and other similar items can cost anything from RM100 to RM4,000 per day.
Bottom line, how much does it cost to make a video?
Here are some statistics that you might use as a starting point for budgeting. A properly produced 2 to 3-minute corporate video normally costs between RM8,000 and RM30,000. The typical cost of video production is usually approximately RM4,000 to RM20,000 for each finished minute, according to most production companies, and we believe that this is a fair starting point to consider when budgeting.
When working with a production company, be transparent with your budget. Our finest video production projects begin when our clients say, “Here’s my budget, these are my aims, what can you do for me?”
The production business will have to guess at a budget if you don’t start with one. Working with a video production business that provides you single pricing for a video or series of videos without explaining what goes into that price point should be avoided.
Whether you need a corporate video, marketing video, training video, or explainer video, our team has over 10 years of experience working with various businesses to create engaging and impactful content. Please fill out the form below to let us know the type of video you’re planning to make. We will get back to you with multiple options and price quotes tailored to your requirements.
Cost of video production is dependent on the following factors:
Depending on the specific requirements of your project we will provide you with a custom quote. Contact us to get your custom quote today.
Animation video rates depend on the intricacy of the animation and the duration of the final edit. There are various types of animation we provide:
Depending on the animation style or your ideas we can provide you with a custom quote for your video. Contact us to get your custom quote today.
Yes we will provide you with a script for your video which you can use or suggest to make changes. To develop your script we will understand your business objective and come up with a draft copy. Alternatively, you can provide us with a script which we can help you to polish up to make it into a captivating video.
Contact us today to find out more about our script writing services.
Once the script is finalized we will provide you with a detailed storyboard. We need all our clients to approve the storyboard before they go into production.
The storyboard helps all stakeholders to visualize the final video and allows us to make changes easily if something is not according to your requirements. Contact us today to find out more about storyboarding.
Each corporate video is developed in 3 stages: Pre-Production, Production and Post Production. The pre-production stage consists of the script, storyboarding and recce of the locations. Production is the actual shoot and voice recording stage. The post production involves editing, music and special effects.
Considering 1 week for each stage of the process we normally estimate 3 weeks for the production of a corporate video. However, there has been cases where we have done corporate videos in much shorter duration for our clients.
Contact us today if you are planning for a corporate video within a tight timeline.
Revisions at every stage is as per follows:
Video production is a co-creation process and at every stage you (the client) will be involved to give feedback and suggest changes.
Our objective at Neon is to make sure 100% customer satisfaction and realization of your vision in a video format. To know more about our process, please contact us today.
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