Field Guides / Pricing / Calculator

Pricing Calculator: your day rate and a quote that holds

Two calculations, the same ones every time. First your floor and day rate, from real overheads and the days you can actually sell. Then a quote built in four sections with the fee and contingency on the page. Nothing leaves your browser. The method behind it is in How to price a video project so every quote isn't a guess.

Step one: your floor and day rate

Enter your monthly numbers. The floor is what a day has to earn before you make anything. The day rate is the floor plus the margin you've decided on.

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Total monthly overheads (salary included)$18,000
Your floor per day (overheads divided by sellable days)$1,500
Your day rate (floor plus margin)$2,100

Step two: build the quote

Price the three sections, then the fee and contingency go on as visible lines. Use your day rate above to price the days in each section. The fee is 15 to 30 per cent: toward 15 for retainer and repeat clients, toward 30 for new clients, tight turnarounds, or jobs with more unknowns.

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Subtotal (the three sections)$9,000
Production company fee$1,800
Contingency (billed only if used)$900
Quote total$11,700
What a day-rate-only quote would have asked for (the subtotal, and hope nothing changes)$9,000
The work you'd have given away$2,700

The number you can explain

This is the quote in words, built from your figures. Copy it into the quote, or keep it beside you on the call.

What the numbers mean

The floor is the line you never quote under, the fee is work you were already doing, and the margin is a decision you make once.

The full method, with the worksheet, the quote skeleton, the ballpark script and what to say when a client pushes back: How to price a video project so every quote isn't a guess. For ranking the clients you already have by profit per day, use the Client Profitability Calculator.