Has anyone ever priced or know the average time and cost to develop a 5-minute training video?

How many hours would it take to develop this 5-minute video? This would be if you were to hire a training/video company to do the project.

What is the average cost? This would be for professional video filming and voiceovers, Flash animation (putting it all together in Flash), instructional design/scripting, editing, and production.

Would appreciate the help!
Thanks!

I actually got a quote for $11,000 for everything listed above (including duplication of 125 CDs with labels). The company said it would take a total of 5 weeks from the date the contract is signed.

Is this quote about right or is it too high or too low?

Jason, this seems high to me, but then again many companies will have price minimums. Whether it's 5 minutes or 5 hours, you would still have to do the packaging, etc.

I've sent this on to a couple of video companies I've worked with locally though, just to see their reaction. I'll let you know.

Jay

Here is a reply I received already. It looks like your $11K bid is right in the middle of her initial reaction.

"Well it really depends on a lot of factors: content; inside/outside, tech/CRM, actors/employees, script/tech manual, VO/dialogue, animation/still graphics, amount of animation/graphics, stock library footage, crew number based on several of the above factors. Lowest most likely $6500-15,000."

Hope this helps,

Jay

Thanks Jay! That definitely helps!!!