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Home: Video University Forums: Marketing & Business:
Promo/Marketing Video

 

 


X-Ken_S
Imported Account

Apr 3, 2003, 6:03 AM

Post #1 of 4 (679 views)
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Promo/Marketing Video Can't Post

A well-known racetrack has asked me to produce a marketing video for them. This would involve attending and videotaping several major events throughout the year and editing the final footage. I am assuming they also want narration (script), BG music, etc.
This racetrack also markets nationally. So my question is : Should I charge a flat fee for my services, per units sold (royalties on the production), half-day and/or day rate for shooting and editing ? Should I go with VHS, VCD or DVD ?
The video will be directed to race car fans (mainly). And this particular racetrack has un-Godly admission fees, although I would probably gain access to the track for no charge (I'm assuming).
Need suggestions. Thanks.
-KS


X-jes_E
Imported Account

Apr 3, 2003, 11:13 AM

Post #2 of 4 (679 views)
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Re: Promo/Marketing Video Can't Post

: A well-known racetrack has asked me to produce a marketing video for them. This would involve attending and videotaping several major events throughout the year and editing the final footage. I am assuming they also want narration (script), BG music, etc.
: This racetrack also markets nationally. So my question is : Should I charge a flat fee for my services, per units sold (royalties on the production), half-day and/or day rate for shooting and editing ? Should I go with VHS, VCD or DVD ?
: The video will be directed to race car fans (mainly). And this particular racetrack has un-Godly admission fees, although I would probably gain access to the track for no charge (I'm assuming).
: Need suggestions. Thanks.
: -KS

Hi Ken,
Because this is through out the year you really cannot charge them a flat fee, as you dont really know your expenses.
You can figure out a price per finished minute I charge $1,500.00
this covers all costs.
This doesnt sound like they are going to sell it, so you can forget about
royalties, remember, the footage is theres, they hire you to shoot.
I have clients that have me shoot for their marketing videos and I
use VHS and DVD. Still plenty of VCR out there and its still the convienience of
this that keeps me using VHS. Also, you might want to do special sections
on the DVD menu. inteviews special interest etc. works great and
looks impressive for the client.
Make sure they cover your entry costs and get it in writing.
I have done quite a few of these marketing videos for sports teams, PGA events and
IT companies so if you need more info contact me off the board.
Sounds like a fun project!
Remember: marketing videos should be no longer that 4-5 minutes tops!
upbeat, fun and informative otherwise you loose the audience and your clients objective.
jes


X-Ron_Bridegroom
Imported Account

Apr 3, 2003, 10:26 PM

Post #3 of 4 (678 views)
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Re: Promo/Marketing Video [In reply to] Can't Post

KS,
it sounds like you need to get more information from the race
track about what they want. You need to find out how many events
they want you to cover -- also, will they want you to shoot activities
prior to the events -- like in the garages as the race teams prep
the cars, perhaps to interview some of the race drivers, car owners,
etc. You also need to find out or figure out if you are to video taping
just the race (and if so, from how many angles and thus how many
cameras and camera operators) or are you going to also interview
people who attend the race, drivers, winners, etc.
They may not know the answers to these questions. They may want
you to propose what should be done. A key here is to know who they
are going to market the video to, what "image" they want to present
and if at all possible, what is the production budget they are looking
at.
You really need to know who they want to reach with this marketing effort
and what is the "image" that they want to present. Then you can
propose concepts of how they can do this and what media types (VHS,
DVD, etc.) make sense.
Are they planning on sending out videos to race car fans? Are they
thinking of selling a video and advertising it in race magazines? You
mentioned national marketing, would this be done via a 30 second
spot broadcast via satellite nationally?
Yes, you want to make sure that you and your production team can gain
free access to the racetrack. I have to admit that I do not understand
this question. I say this because a customer representative should
be with you and your shooting team when you shoot the video to
approve the shots you take.
Any marketing video will require close coordination and cooperation
on the part of the customer so I would think that there would be
no issue at all about your video team being charged to enter the
facility.
I hope this helps,
Ron
Innovative Video Services
ShowStoppersFX.com


X-Ed_Ertl
Imported Account

Apr 4, 2003, 2:09 PM

Post #4 of 4 (678 views)
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Re: Promo/Marketing Video [In reply to] Can't Post

If you want help with your product pricing you will want
to get THE free Pricing Masters Course at
mailto:tpmsecommtools@sitesell.net
Now, it was your mention of BG music that got me going here.
Years ago I bought some videos of US bombers with "round"
engines, expecting to get an earfull of the music that only
multiple 28 cylinder radials can sing. But what did I get?
You guessed it: BG drum music that completely denied the
pleasure that was promised.
If your videos contain BG music, I swear your product will
not realize it's true potential. Fans of anything with a
motor in it do NOT need BG music to keep them focussed.
Believe me. I believe in you.
Ed Ertl