Custom vs Standard Training Video Cost

Custom Training Video Creation Cost vs Standard Off-the-Shelf Training Video Cost

Often the cost of a custom training video can be ten times the cost of a standard off-the-shelf training video. This post and the associated article will explore these two options and hopefully provide some additional insight. The goal is by lowering training costs, an organization can afford to provide more training to their employees or students.

First, let's define the two for the purposes of this post/article ...

Custom Training Video: 

When a company, school, or other organization hires a third party to create a training video for them from scratch. (May or may not include a film crew collecting unique footage.)

A warranted custom training video example would be a company hiring a company to create an onboarding training video of a company's processes unique to that company or facility. For example, a video explaining the application of a Lean principle specific to that company's facility. Another example is how to operate a machine or system when the vendor of the machine does not already have an operating procedures video for its customers.

An example of an unwarranted custom training video creation/purchase would be a company having one made for a topic like a general standard topic like "What are Lean Manufacturing Principles?" when there are videos readily available in the market to teach the exact same thing.

Standard Off-the-shelf Training Video:

A common practice or core knowledge training video that is already on the market and is readily available for organizations to purchase and use to train their employees or students.

Examples of a standard off-the-shelf training video for this topic of "Lean Manufacturing" would be the Lean Manufacturing Training Videos bundle BIN95 offers. The examples of off-the-shelf training video topics are almost endless. Like math, electricity, mechanical, soft skills, and many other topics that are standard regardless of application, location, or industry.

With infinite combinations of training video needs out there, one may even decide to reduce cost with a hybrid approach. For example, a company may have employees watch a machine vendor's off-the-shelf operating instructional video, followed by having them watch a custom video they had made explaining additional tasks only required by that one company's use of the machine. Which would be a lot less expensive than having both videos custom-made from scratch by a third party.

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Comparing Costs of Corporate Training Videos