Made-up example. The hours and the hourly value below are invented to show the method. They are not market rates and not advice on what to charge. Use your own numbers.
A local creator covers a college fest and delivers three reels.
The numbers in this example
| Item | Value |
|---|---|
| Pieces | 3 |
| Hours for one piece | 1 planning, 4 shooting, 5 editing, 1 revisions = 11 hours |
| Hourly value (made up) | Rs 300 |
| Costs paid by the creator | Rs 500 |
| Add-ons | tax and fees set aside 5% |
The working
- Time for one piece: 11 hours x Rs 300 = Rs 3,300.
- Time for 3 piece(s): Rs 9,900.
- Plus costs of Rs 500: subtotal Rs 10,400.
- With add-ons the price before tax and fees is Rs 10,400.
- Tax and fees: the price is raised so that the creator keeps the amount after setting aside 5% of the final price, giving Rs 10,947.
Quote: Rs 10,947 (Rs 3,649 per piece)
Open this in the calculator and change the numbers
What to learn from it
The price is a sum of parts you can explain. If the brand wants less, remove a part (the rush, the exclusivity, a round of changes) instead of cutting your hourly value. Read how to price a collaboration, usage rights and negotiating.