Although we don’t create estimates based solely on length of finished video, we can better estimate, based on years and years of projects and the type of project, how much it might cost. For post only we have a range from $400-$1000 per finished minute for post only projects and from $2000-$5000 per finished minute including production depending on the scope of the project.
After almost every project we take the final billables and divide it by the length of the final video(s) to get cost per finished minute. After you do fifty of these or so, you will have a pretty good idea of how much to estimate for a given project.
So although we don’t simply estimate on length we do use it in “crafting” our estimates to the client. It also helps us to articulate to them that if the length changes during the project it will certainly affect the final cost. We have found that you can bank on it….if the length changes, so does the cost.
Rich Rubasch
Tilt Media
Editor, Designer, Compositor, Writer, Producer, Compressionist, Business Owner, Photographer, Duplicator, COW Contributor
Multiple winner of WAVE Awards, ADDY Awards, Telly Awards, Pele Awards, Auroroa Awards, and many, many more.
https://www.tiltmedia.com