One of the best and most effective tools in your online marketing arsenal is explainer videos. How much does it cost to have an explainer video? Explainer videos are a great way to introduce a product or service to potential customers. They are concise, informative, and engaging. However, one of the most frequently asked questions is, "How much does an explainer video cost?".
In this blog post, we will delve into the intricacies of pricing for explainer videos and shed light on how Digital Alchemist Media Productions can help you create impactful and cost-effective explainer videos tailored to your needs.
We will explore the factors that influence the cost of an explainer video and provide a rough estimate of how much you can expect to pay.
Before we explore the cost factors, let's break down the key components that contribute to an explainer video:
Scripting: Crafting a compelling script that succinctly communicates your message is vital. It establishes the foundation for a successful explainer video.
Animation/Design: The visual appeal and animation style play a significant role in holding the viewer's attention and reinforcing your brand identity.
Voiceover: A professional voiceover artist with the right tone and cadence can enhance the impact of your explainer video.
Music and Sound Effects: Adding background music and sound effects enriches the viewing experience, making it more engaging.
Video Length: The duration of the video is a critical aspect to consider, as it affects the complexity of the animation and overall production time.
Factors Influencing Explainer Video Cost
The complexity of Animation: There are various styles of explainer videos, such as whiteboard animation, 2D animation, 3D animation, and live-action. Each style requires a different skill level and effort, resulting in different costs. For instance, a whiteboard animation video may cost around $3,500 - $6,000, while a 3D animation video may cost around $15,000 - $20,000.The level of animation intricacy can significantly impact the cost. Simple 2D animations tend to be more cost-effective than complex 3D animations.
Video Length: The longer the video, the more time and effort it will take to produce, resulting in a higher cost. Typically, a 60-second explainer video will cost around $5,000 - $7,000, while a 90-second video will cost around $7,000 - $10,000.Longer videos require more content creation, resulting in higher production costs. Striking a balance between message delivery and duration is crucial.
Project Deadline: Urgent projects may incur additional costs due to expedited production schedules and dedicated resources.
Customization: Tailoring the explainer video to your brand's unique requirements may involve extra effort and, therefore, impact the overall cost. The cost will be higher if the video requires a lot of detailed animation, custom illustrations, or unique characters. The video may also require additional services such as scriptwriting, voice-over recording, and sound effects, adding to the cost.
Revisions: The number of revisions and changes you request during production can influence the final cost. We usually allow three minor revisions after the first draft is delivered to our clients. After that, the extra revisions will be done at an extra cost.
To summarize, the cost of an explainer video depends on several factors, such as length, style, complexity, and the production company's experience. Therefore, it isn't easy to provide an exact estimate without knowing the specifics of your project. However, this blog post gives you a rough idea of how much you can expect to pay for an explainer video.
With Digital Alchemist Media Productions by your side, you can rest assured that your investment will yield exceptional returns. Our team of skilled professionals is committed to delivering compelling explainer videos that effectively convey your message to your target audience.
Contact us today for a personalized quote, and let's transform your ideas into captivating explainer videos that make your brand shine online. Remember, investing in an explainer video is an investment in your business's success!