There are several ways to make money by editing videos. Actually, video editing work varies from collaborating with companies to make the ultimate product advertising video to sportsmen looking to impress prospective universities.
Market Demand for Video Editors
Jumping into the video editing field professionally might be a fantastic way to make money online. A skill that is both in demand and expanding at a rate of 12% yearly is video editing. It certainly should not even be too surprising when you consider the countless channels on platforms like youtube, Daily Motion, Twitter, Facebook , TikTok videos, and Instagram reels. The typical annual salary for full-time video editor in a first world country is $50,000, and depending on experience, freelancers can expect to earn $40/ hour or more.
What does a Video Editor do?
A Video Editor puts together images, clips, audio, effects any many more elements to convey a message. Given that video is used in every aspect of life, the video editing industry is large and diverse. Some Video editing examples include:
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TV Drama and Film Production.
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Adding special effects.
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Trimming/ Re-sequencing.
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TV Advertisements.
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Online Marketing Videos (for different channels).
The everyday responsibilities of a video editor include working with the client or team to accomplish the creative goals of the project. In this job, they use video editing programmes like Adobe Premiere or Final Cut Pro can be used or many of the simpler free online tools may be used too. Video Editors may work for a company or for different types of clients as freelancers.
Skills Required for Video Editing
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to be diligent and pay attention to detail.
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To have excellent communication skills.
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To have skills in video editing software, as well as everyday software for documentation, collaboration, and communication related to the project.
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To be capable of working well with others.
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To be flexible and adaptive and tolerant of change.
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To be capable of embracing criticism and perform under pressure.
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To have expertise of mass communication and interaction.
Steps to earn money as a Video Editor
As a video editor, there are numerous ways to earn money. In this post, we’ll go through some of them that you will find quite effective and useful. Read on to learn how to earn more money doing what you love, whether you are just starting out or have been editing videos for years!1.
Make your portfolio
For the type of work that you have selected, you need to showcase your work so that potential customers can see it and opt to engage with you. Create short videos for demonstration purpose and be sure to NEVER violate any confidentiality agreement with your client(s). If you want to include any client work in your portfolio, you must seek the client’s permission in writing.
Showcase your work
Next, you can showcase your work on multiple sites to maximize your chances of being discovered by potential clients. Some options to show case include
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Kimeo
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YouTube
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Behance
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Veed
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Wistia
The above is not an exhaustive list, this is to give you an idea of some of the options available to you. You should decide the platform(s) based on your audience.
Give option(s) to your customers to contact you
Create your own website and/ or register on one or more freelancing sites such as Upwork and Fiverr. You can link all your sites to your portfolio.
These platforms are widely available whereby freelancing video editors can promote themselves and find employment relatively easily as compared to driving traffic to their own website.
People who look for many kinds of services, such as marketing, video editing, and data entry, can find freelancers on websites like Fiverr, Jooble and Upwork. The creation of your profile and the promotion of your services are both usually free on these sorts of platforms. You only have to make a few listings, decide on your pricing, and start working.
You should be aware that the freelance platforms deduct a percentage of your earnings. Contemplating how often potential customers use their websites on a frequent basis, this is a minimal price to pay in my view.
Other Types of Related Services
Video Tutorials
If you have any video editing experience, you can start your freelancing career by creating video tutorials and put them up for sale. This is an excellent way to generate passive income that can be very cost effective.
If you do not wish to sell online video tutorials, you can upload them to YouTube and develop a channel about them. There are various channels that are doing this. They add value to their channel by posting How-To Guides on Editing, formatting trends, equipment they use, and many other things.
This is an excellent way to earn a living as a content creator because you are not only making profit but also expanding your knowledge of video editing. This will enable you to become a better and more productive video editor.
Wedding Videos editing work with videographers
Annually, around 2 million weddings take place, and a large number of couples want to have a video to celebrate their special day. Even if you do not intend to shoot video footage at the wedding, you may well be able to make money just from editing it. An expert videographer may charge approximately $2,000 and $5,000 and is quite often ready to split their service charge with a video editor.
Go meet with your local videographers and ask about how they presently manage video editing. Maybe you could offer to take a free shot at one event to demonstrate yourself, and then work out a paid collaboration.
Documentary-style wedding videos are as of now the most popular, as they give space for a lot of creativity in creating an enjoyable and unforgettable experience.
Consulting
This may come with a surprise, but there are certain content creators who are trying to save money; therefore, they would rather take lessons from someone who has already done it and do it their unique way. This is an ideal opportunity because then you can advise these companies or individuals on video editing techniques, time-saving suggestions, and, most notably, video screenwriting.
When you have a diverse and comprehensive editing experience, you would be able to work with them and start charging for your time.
How can TutorBees.net help you earn as a video editor?
If you or someone around you is interested in becoming a video editing freelancer or looking for courses that can improve their video editing skills, then TutorBees.net is the best place to visit. They have a team of high trained and experienced professionals who are always eager to teach and help. All sessions take place online and with flexible schedules, hence making it easy for all the students.