📺 Stream EntrepreneurTV for Free 📺

4 Tips for Hiring a Great Video Production Company With video becoming so popular, there's been a recent surge in the number of production companies -- and not all of them will deliver the quality you expect.

By Jennifer Jager

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Shutterstock

Hiring a team to create videos for your business can be a substantial investment but one that's well worth it, if you end up with a superior product that effectively markets your company. Yet choosing a production company can be risky business: You pay up front (at least in part) for a product that hasn't yet been created. It requires a leap of faith.

Below are a few insider tips for finding a production company that will create the video your business deserves.

Related: How to Edit Videos: YouTube Basics

1. Don't get dazzled by a demo reel.

A lot of production companies host a demo reel on their homepage. Typically, it's a minute-long series of clips from past projects set to music. The purpose is to prove to you that they're an established company with a variety clients. Sounds good, right? What demo reels don't show you is what those finished projects really looked like. You need a video that does more than look pretty: It needs to be effective for your business and communicate the message you're intending to send. Dig deeper into their website and find the actual videos they were hired to create. Don't see any? It's a red flag.

2. Find their most recent projects.

I'll admit it: The company I work for -- Plum Productions -- doesn't always showcase our most recent projects on our website. Updating our website is time consuming, so we only refresh the videos every few months. Our most recent projects can be found on our Vimeo and Facebook pages, because it takes just a few clicks to upload them to those sites, and I can easily send direct links to specific videos to potential clients.

Visit a production company's social-media sites to see what their most recent works look like. Recent projects deliver an accurate representation of the current equipment and talent they'll bring to your shoot.

Related: Tricks to Creating a High-Quality Video With Your iPhone

3. Get several quotes.

Getting several estimates is the only way to make sure your project is priced right. It can be time consuming going through the bidding process with several vendors but well worth it in the end as pricing can vary wildly.

Last year, we had our team assess our pricing structure to see where we fit in our local market. We sent out a fake RFP to see how other companies would bid on a project compared to us. (Yes it was very sneaky, but how else could we do it?) What we found was that for the same project bids came in anywhere between $800 and $20,000!

Consider the price along with the quality of their past projects. The company that seems like the best value is the one you should choose.

4. You really do get what you pay for.

No matter what your budget, you'll be able to find someone to create videos for you. If your finances are really tight, there's nothing wrong with hiring a college student who does production on the side, or someone who's really new and just trying to build up his portfolio. Just know that the production quality won't be the same as if you hire a professional team. On the flip side, if you have a bigger budget, use it. Professionals who command higher rates do so because they're confident in their product. They have the bells, whistles and experience to make your video sizzle.

To find a local production company, visit a site like ProductionHUB. You can simply post an RFP and let companies bid on it (be prepared to get inundated with phone calls and emails) or browse listed companies and contact those who are a good fit. Remember, doing some legwork up front is the best way to ensure the end product is what you had envisioned.

Related: Determining the Right Kind of Video for Your Message

Jennifer Jager

Creative Director at Plum Productions and Host at MyVideo101.com

Jennifer Jager is the creative director at Plum Productions, a South Florida-based production company. She's also the coach at MyVideo101.com, an online video-production training site for small-business owners.

 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business Solutions

Lock in Microsoft Office 2021 for Only $50 This Week

Set yourself or a team member up with a reliable suite of office programs.

Side Hustle

When This Entrepreneur Couldn't Decide What to Name His Business, He Started a $2,000-a-Month Side Hustle to Help — Now It Earns Over $10 Million a Year

Darpan Munjal, founder and CEO of AI-powered startup ecosystem Atom, offered $50 to anyone who could help with the creativity block.

Business News

JPMorgan Chase CEO Jamie Dimon Says He Is Worried About 'Stagflation' — Here's Why

The CEO of the largest bank in the U.S. is "cautious" about the economy.

Marketing

Boost Your Business's Visibility in Local Search Results by Combining These 2 Key Strategies

Integrate local listing marketing and social media to enhance your business's visibility on Google.

Franchise

From Pups to Profits — These Are The Top Pet Franchises For 2024

From dog training to traditional grooming to swanky pet spas, explore the highest-ranking pet franchise opportunities and tap into the thriving pet industry.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.