Are you looking to put your skills to the test as a freelance video editor? If so, I’ve got some excellent news for you professional video editors are in higher demand than ever before. According to the bureau of labor statistics, this rate will increase exponentially over the next decade primarily because the digital economy is booming. Whether a social media influencer, small business owner, or a newly married couple, There will always be work for a professional video editor.
All around the world, video editors are looking for work in today’s rapidly growing gig economy. With an average salary of $54,795 and a projected growth rate in the film and video editors and camera operators’ space of 29% starting from 2020 to 2030, it’s not hard to see why. So, making great money is almost a given. The real question is which industry category fits your specific skill set and will help you reach your financial goals.
On average, freelance video editors operating within the United States make a salary of 54,795 per year, an hourly rate of $26.34. The top 10% can earn hourly wages of up to $46.67, equaling up to $91,000 per year, with the bottom 10 percent only making around $32,000 per year. Therefore, it’s imperative to be aware of crucial factors, such as city or state payment averages, your level of experience, and the average salary in your field of expertise.
What skills are essential to becoming a freelance video editor
Now that you have a better idea of the income potential, let’s talk about some critical skills that video editors we’ve come across have had in common:
1. Strong ability to tell a story through video; this includes knowing how to frame shots, choose music, and create a narrative that engages viewers.
2. Strong computer skills- a professional editor needs to be comfortable working with different editing software programs and use other cameras, lenses, and audio equipment to get the best shots possible.
3. Attention to detail is critical to ensure that the final product looks polished and professional.
Freelance video editing can be lucrative, but if you’re new to the game, it’s wise to invest time in sharpening your skills in any way possible. It could make your work more valuable and help you grow your business more quickly.
How to Start a Freelance Video Editing Business
Freelance video editors are intelligent and creative, with 76% having at least a bachelor’s degree. Some might say they have too much education for the trade-focused work often associated with “freelancers.” However, you can still make it in this industry without formal training if all your skills translate well to what companies look out for when hiring freelancers.
However, there might be times someone’s lack of education or skill set could make them a less desirable candidate for specific projects. Therefore, it could be beneficial if you have a track record or previous experience as a reference.
You may find your experience especially helpful against video creators who have held positions as interns or production assistants at some point in time. Where they more than likely learned video editing and how to produce quality content from start to finish.
How to get freelance video editing jobs
1. Do your research.
The first step is to research and identify reputable websites or job boards where you can find freelance video editing jobs. Here are a few suggestions:
Once you’ve identified a few good sources, take some time to browse through the available jobs and assess your skills and experience. Ensure that the jobs you apply for are a good fit for your skill set and experience level.
2. Create connections with other video editors
Hosting a networking event is a great way to make connections within your industry. You can reach out to people interested in the same things as you and get them together for coffee. You will likely spark a conversation with someone, and it could end in a job opportunity.
3. Submit proposals to businesses.
Start submitting proposals to businesses looking for freelance video editing services! Please personalize each submission, explain how you can help with their project, and highlight your skills and experience. If you have any questions about the job or the project requirements, ask them in the proposal. Showing you’re interested in the position and taking the time to understand what’s involved.
4.) Gig-centric websites can help you make a profile and find work quickly.
Look for freelance video production work. A few places you can search are right here on HandyHubb or Upwork, which have great resources for finding short-term or long-term projects. You can also contact video production companies directly and inquire about opportunities.
Tips and advice from already successful freelancers video editors
First and foremost, it’s essential to have a strong understanding of the craft. You need to be able to tell a story through your editing and understand how to use different techniques to engage viewers. Also, making connections within the industry can be extremely helpful when trying to find work and opportunities. Finally, staying organized and efficient in your career will help you meet deadlines and keep your clients happy.
Another crucial tip is to continue learning. The industry is constantly changing and evolving, so it’s vital to stay updated on the latest trends and technologies. Additionally, it’s helpful to diversify your skillset. For example, consider learning motion graphics or animation if you’re a great editor. These will make you even more valuable to potential clients.
It’s also essential to be proactive in marketing yourself. Please do not wait for clients to come to you; go out and find them. Attend industry events, create a solid online presence, and network with like-minded individuals.
Most importantly, always remember the basics. No matter how technology changes, the principles of great editing remain the same. If you keep these things in mind, you’ll likely experience incredible success and have a great time doing so.