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How Much Does A Live Video Production Cost?

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How Much Does A Live Video Production Cost?

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Livestreaming is the newest expectation of audiences everywhere. But how do you budget for live video?
In these slides we cover:
-How to get started with livestreaming.
-How much to budget when you’re building a live video strategy.
-A checklist of equipment you will need.
-How to demonstrate real ROI from live video.

Livestreaming is the newest expectation of audiences everywhere. But how do you budget for live video?
In these slides we cover:
-How to get started with livestreaming.
-How much to budget when you’re building a live video strategy.
-A checklist of equipment you will need.
-How to demonstrate real ROI from live video.

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How Much Does A Live Video Production Cost?

  1. 1. How Much Does Livestreaming Cost?
  2. 2. Today we’ll cover: • How to get started with livestreaming. • Real ROI case studies. • How to build a budget for live video. How Much Does Livestreaming Cost?
  3. 3. Audiences increasingly expect live content from their favorite brands and performers. How Much Does Livestreaming Cost? Livestreaming is a crucial part of the marketing stack.
  4. 4. •75% of readers would rather watch a live video from a brand than read a blog post. •85% would watch online vs. on TV if it meant more behind-the-scenes access. In a New York Magazine audience poll:
  5. 5. Before You Go Live There are a few things you need to think about before you can start streaming successfully:  Content  Cadence  Distribution
  6. 6. Content What are you streaming? • Think about what you’re showing your audience before you go live. • Make sure participants are prepped and everyone is aligned on the video message. • When it’s live, you only get one shot.
  7. 7. Content What can you stream? • Internal communications • Trainings • Conferences + Speakers • Creating exclusive content for customers • Webinars • How-tos • Executive fireside chats • Creating video for social media
  8. 8. Cadence How frequently do you plan on streaming? Even if you’re only considering streaming for a large annual event, you can use live video for a variety of scenarios – why not stream more often? Livestream streams: • 2 webinars/month • 1 all hands/week • Conferences and events • Special events in office
  9. 9. Distribution Just because you’re streaming live doesn’t mean you have a built-in audience. • Are you streaming to your website or to a social platform? • Do you have a hashtag to create conversation around your livestream, or a comment section someone from your team can moderate? • Are you promoting the stream via email or social so your audience knows when to tune in and watch? • Post-event, are you recapping the stream or sending a follow up to viewers? All of these decisions should be locked in before you go live.
  10. 10. Real ROI: Case Studies
  11. 11. Real ROI: Case Studies Livestreaming unlocks your event to a larger audience than you could ever possibly reach with just physical tickets. Since audiences prefer to watch content live, you’re also creating an opportunity for built in social engagement and brand reach.
  12. 12. Real ROI: Case Studies 62% of audiences watching a live event will buy a ticket to attend that event in the future. When you gate or monetize your live and on-demand content, you create even more opportunities for return on investment.
  13. 13. Social Media Week Strategy • 4 global events a year streamed to ticket holders and PPV subscribers. • Stream in-venue across multiple event locations. Results • Better attendee experience. • A subscription-driven business.
  14. 14. Social Media Week “We made a big shift as a business from using Livestream as a way to reach more people to leveraging Livestream as a way to monetize our content. It’s a fundamental part of how we do business.” - Toby Daniels, Founder + CEO of Social Media Week
  15. 15. Social Media Week SMW relies on Livestream to grow that monetization: “Live is such a huge driver in terms of acquiring new customers and subscribers. When we have a major event, 75% of our subscribers sign up in the 90 days before the live event. Accessing live is important to them.”
  16. 16. Champions Centre Church Strategy • Several high-quality sermon and study broadcasts per week. Results • 20% increase in traffic. • 70% of donations online.
  17. 17. Champions Centre “Quality is the most important part of a successful broadcast. Numbers are relative. Whether you’re just starting out with no followers or you have many, being able to deliver your content professionally really makes the difference in whether or not people will come back.” - Mickey Elliot, Web Developer and Online Campus Media Director at Champions Centre.
  18. 18. EDGESport Strategy • Stream a mix of live and on-demand niche extreme sports globally. • Using Livestream and and an integrated PPV solution. Results • Expanded global audience. • Increase in revenue through subscriptions.
  19. 19. EDGESport “We needed a low cost solution for our rights holders. We have two Livestream accounts and use the API to serve video to our portal. We’re focused on growing our client’s audience and then building revenue through advertising.” - Mark De Couteau, EDGESport/WME
  20. 20. Budgeting for Live Video
  21. 21. The Starter Pack: $1,000 Who Is This For: Individual Content Creators, Students What You’ll Need: • Mevo Live Event Kit • Facebook Account You’re ready to dip your toe in the livestreaming waters. You want to stream to Facebook Live and stick to a small budget as proof of concept.
  22. 22. Easy Streaming: $3,000-$5,000 Who Is This For: Education, Non-Profit, Government, Small Houses of Worship, Small Start-ups What You’ll Need: • 2 Mevo Live Event Kits • Livestream Annual Plan Subscription • Studio Pro Streaming Software You’re streaming a small event, meeting, or performance. Your team is looking to stream your event simultaneously to Livestream and Facebook Live, or use two Mevos as part of a multi-camera production. You want this video to live on your website.
  23. 23. Pro Streaming: $15,000-$25,000 Who Is This For: Medium-sized Businesses, IT Departments, Growth Marketers, Large Houses of Worship Advanced Streaming: $25,000-$70,000 Who Is This For: Fortune2000 Marketers + HR professionals, Fashion and Retail, Small/Medium Size Agencies What You’ll Need: • Mevo Live Event Kit • Livestream Cloud Subscription • Onsite Training Additional Equipment • Microphones • Sound Mixer • Camera • 1 HD550 Switch + Encode Broadcast Tool
  24. 24. Pro Streaming: $15,000-$25,000 Ideal for any organization committed to regular streaming with some tech-savvy staff members who may already have some A/V equipment. This package is for monthly all-hands meetings for a medium-size brand with multiple office locations, a small conference, or house of worship with a large congregation. Your Livestream Cloud plan provides live embedding on your own channels, password protection for corporate or targeted streams, and white-labeling. Advanced Streaming: $25,000-$70,000 This option is for the large enterprise organization who plans to fully integrate live video into their corporate communications and marketing stack for global internal communications, product launches or fashion shows, and large-scale events.
  25. 25. Elite Streaming: $100,000+ Who Is This For: Fortune 500, Professional Broadcasters, Major Brands What You’ll Need: • Full Production Services • Livestream Cloud Subscription, including: o Advanced account management o Audience Engagement o Lead Capture o API o Custom Portal A custom platform plan provides cloud transcoding and RTMP input, lead capture, access to our API and custom development for creating live and on- demand platforms, and professional production services.
  26. 26. Recap: • Audiences demand live video. • Plan ahead:  Content  Cadence  Distribution • There is real ROI in live video. • There is a live video solution for any budget.
  27. 27. Questions? Thank you! amber.vanmoessner@livestream.com

Notes de l'éditeur

  • MENTION MEVO PREMIUM DEAL

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