Ever wanted to know how to get money as a video editor? Well, in this blog post I will be teaching you the basics of what it takes and share with you 7 ways how to get money from your video editing skills. You'll learn how much you need to charge per hour and more!
Today in the world of media everyone needs a video to represent their company. Whether it's a small business, a YouTube channel, or a large corporation, they all want professional quality videos for their audiences. But not every company has the budget that it takes to hire a full-time video editor and there is only so much you can do with stock footage. This is where you come in as a self-employed video editor with editing skills that will get people talking.
How Much Should You Charge As A Video Editor?
If you're just starting out, then many places online suggest that you should start off charging $10-$15 an hour. This price might seem very low to you, but remember that in order to get the first work you need to be within a budget that's affordable for the customer. If they perceive your price to be too high, then this will lower their trust in you and make them more hesitant in hiring you. If you want to be successful as a video editing freelancer, it's important that you don't go too low with your prices.
For intermediate video editors, I would suggest charging at least $20-$30 an hour, especially if the job is for something you really enjoy doing. If it's a simple task that shouldn't take more than 3-4 hours to complete, then by all means stick with the lower price range. However, remember that you work hard on your videos and should be compensated accordingly. There is also good news... video editing skills pay off!
If you're an experienced, professional video editor, well you will probably know the rate, but if you are in intermediate level, and wondering what is the standard industry rate, it is about $50-$80 per hour. This is what the professional video editor charges for their services.
Just remember to be very specific about what you're willing to charge per hour and set a minimum price for yourself so that you're not undercutting your value as an editor.
1) Promotional Videos
You can look for companies or people who are looking for promotional videos. These are the best jobs if you have a good theoretical knowledge and understanding of these videos. If you would like to edit promotional videos, remember to search jobs on freelance platforms and Facebook group pages, so that you get the most results possible. Make sure that your end product looks like it's worth money because that will reflect on your value as an editor. Just remember that the things you edit don't have to be mind-blowing, but just the right style, a modern look, and a feel to it.
2) Short Films And Documentaries
Another great thing you can do is edit short films. Now, this takes a bit more of a learning curve because you need to have a good understanding of lighting, framing, and other creative skills. If you already have some of these skills then it would be a good idea to seek out artists that need help bringing their projects to life. If you're just starting out in this field, then I'd suggest setting up accounts on Freelancer.com and Upwork so that you can be easily found when people are searching for an editor.
3) Music Videos
Music videos are another thing you can edit, but the process is very different than editing a short film or promotional video. You not only have to think about what's in the best interest of the artist, but also what's good for the music. There are some creative things that you can do with music videos that would make the end result look unique and stand out from other music videos. One way to go with this type of job is to find people who are already established in their industry and approach them about creating a video for them. This work is best for video editors that like to spend time on creative effects, transitions, and footage combinations.
4) Corporate Videos
There are many companies out there who need help making their videos more interesting for their audience. If you're into business meetings, then this can be a good opportunity for you. The process of editing corporate videos is usually very organized, but you also need to be creative when it comes to showing how certain products are used. If you're interested in opportunities like this then I would suggest using freelancing platforms like Upwork, Freelancer.com, and Peopleperhour to connect with other people who are looking for help, also you shouldn't forget LinkedIn. It's a great place to connect with business managers and let them know that you're looking for video editing jobs.
5) Sports Videos
Sports videos take a very specific type of editing and oftentimes you would need to look for work in the specific sport that your video is about. If you come across a job like this, then you'll have to do a lot of research on the type of style that's appropriate for that particular sport. This job is really good for people who know how that sport works, and it is common to find these jobs through freelancing platforms and Facebook groups.
6) Private Clients
If you want to work directly with a client, then that can be a very rewarding experience for both parties. This type of job is usually done one on one so you get to have a very close connection with the client, which means things get personal really quickly. This is a good job for video editors who like to get creative with their work and get more artistic freedom. The main problem of working one on one with the client is finding them in the first place, one of the best ways to find private clients is to check your friends and family for possible leads.
7) YouTube videos
Don't know where to start? Doing some small jobs on Fiverr or Upwork is a great way to warm up in the video editing industry. Most of these jobs don't pay much, but they might help you get some experience and make some extra money. Editing youtube videos for clients is one of the best ways to get started - there is a ton of youtube channels that seek help with their videos. The nuance of working with youtube clients is that sometimes they are impatient, so you'd have to be able to handle some emotional outbursts if things don't go the way they wanted, but it completely depends on the client. You can easily find a Youtube video editing job on any freelance platform, but why not reach out to your favorite Youtuber if you see that you can improve their videos?
The biggest advice I can give to anyone who wants to get started in this industry is that you need to learn how to market yourself properly because without good marketing it would be very difficult for clients or potential employers to find out about your services. Marketing yourself might seem intimidating at first, but usually, the best way of doing it is to share your work on social media platforms and in groups. You can also check your friends, family, and acquaintances if they know anyone who is looking for a video editor - word of mouth is usually the best method to get new jobs through.
To summarize, video editing is a great job that can lead to many other successful careers in this industry. There are plenty of different opportunities for people who are creative, and as long as you can properly market yourself then there will always be work for people like us. If you just starting doing this kind of work or want to get better projects, then I advise you to go on video editing forums, take some online courses and learn how to be better at your job. Good Luck! If you have any questions, feel free to ask me in the comments section, and I will be happy to share my own experience.