Advanced level · Module 5: Production Management and Freelance Practice · Lesson 3 of 4
Pricing and Contracts
Price video work fairly and agree clear terms.
In this lesson you will
- Price video projects
- Write contracts covering usage and revisions
Key concepts
day ratesequipment and post costsusage rightsrevisions and payment
The lesson
Price from days of pre-production, shooting and editing, plus equipment, travel, music licences and storage.
Contracts state deliverables, revision rounds, timelines, payment (often a deposit), usage rights and who owns raw footage.
Quote changes outside the scope before doing them.
Step by step
- Estimate days for each phase.
- Add costs.
- Write the quote.
- Draft the contract.
Practice activity
Write the capstone quote and contract.
Expected result: A clear quote and contract.
Check your understanding
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Name three costs to include in a video quote besides editing time.
Show answer
Equipment, travel, music licences or storage.
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What should the contract say about raw footage?
Show answer
Who owns it.
Taught live by an instructor — online or in person. Free course lessons are for self-study and do not lead to a certificate — see registration options.