How to Make Money Editing Videos
Making money editing videos is one of the trending business nowadays
Videos have become the go-to medium for content creation
Whether for commercial, entertainment, or marketing purposes
They have become the most liked and preferred form of content over the internet, especially social media
The video industry is currently flourishing
With an increasing number of people and brands wanting professional assistance to create high-quality video content
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Video editing is not easy
It is the process of arranging and modification of video content
It is a creative and technical ability that requires the addition of special effects, structuring, and other elements to videos
There are plenty of ways you can make money as a video editor
You can monetize your video editing skills by various means, including both full-time and part-time jobs
So, if you're already skilled at video editing, hang on tight because we've got a list of jobs curated especially for you
In this post, I am going to discsuss how to make money editing videos so let's get started
1- Freelance video editor
Freelancing is most preferred by those in the field of creative work
Freelancing is often termed self-employment
Since there are no formal terms of employment
The best thing about working as a freelance video editor is that you can choose the amount you want to charge a client for a project
Whether it may be per hour or per-project basis
Also, you have the flexibility to choose your work schedule, i.e., workdays and work hours.
The most common work that freelance video editors do is making money editing videos for online content creators
Especially YouTubers and Instagram influencers
To become a freelance editor, you'll need a well-crafted portfolio to present to clients as your sample work
This portfolio should contain your best work
Being a freelance video editor is an excellent way to start your career in video editing
Since you will have numerous opportunities to practice and build expertise
To start, you can either register yourself as a video editor on websites like Fiverr and Upwork
Or work as a freelancer for video editor websites
You can also score gigs on your own through independent clients via references, social media, etc.
The amount you earn as a freelancer depends on the amount of work and hours you are willing to put into the field
But in general, a freelance video editor charges as low as $20/per hour to as high as thousands of dollars per project
2- Become a content creator
The job or role of a content creator is no longer limited to a few individuals
Nowadays, more and more people are opting to become content creators on internet platforms like YouTube and Instagram
There are various ways you can make money as a content creator
Such as sponsorships from brands, affiliate marketing, creating advertisement videos, etc.
If your channel is popular and viewed often, you can make more money
As a video editor, you can create content on various topics or subjects
You can consider vlogging, where you can share snippets of your day-to-day life as a video editor
You can create how-to or learning videos, guiding others with your expertise in video editing
Or you can choose to upload unboxing videos of the gear you use
One of these ideas incorporated in a well-edited video can work the charm, garnering thousands or even millions of views
You can expect to earn between $3 and $5 for 1000 views
It may not seem like much
But if you had 100 videos that received 1000 views each day, you would easily earn $400/per day
Additionally, when you make more videos and become popular as a content creator
You will make a lot through advertisements and sponsorships from various brands
3- Sell video editing courses online for money
If you are an experienced filmmaker
You should think about sharing your expertise with others
There are always folks who want to work in this sector
But don't know where to begin
You can establish your position as a veteran by publishing courses or subject matter videos on your industry niche
People will respect you and come to you for guidance
You could conduct workshops or webinars, guiding and teaching others with your hands-on experience in video editing
Similarly, you can create an online course comprising various modules, instructional videos, and study material
Online courses are more preferred, and you can sell them as many times as you want and keep improving them over time
The course could be a one-time purchase, subscription-based, or pay-per-view
Such an online course can easily make you over $100k/per year if promoted correctly through marketing on suitable platforms
4- Selling stock footage or templates
You may not be aware
But you can generate and sell stock footage and video templates online
Stock footage is a type of short video that you record and sell
It can be about anything
On the other hand, video templates are videos that you edit and sell not as a video that can be watched
But as a project that the buyer can access and edit
Stock footage is usually very basic videos such as someone walking, viewing the sunrise or sunset, driving in traffic, etc.
Templates can be anything, including visual effects, intros, outros, motion graphics, etc.
You can make these at your own pace and decide to sell them individually or as a package
There are numerous stock footage websites and video editor websites where you sell footage and get paid right away
In such circumstances, the revenue will be split equally between you and the website hosting the stock footage
As your fame grows, you can begin selling your footage directly from your website, maximizing your revenues
Conclusion
The first step that you need to ensure is to master the craft of video editing
Make yourself a cunning portfolio and reputation in the industry
As your work gets recognized, you get the attention and the chance to monetize that attention
You should collaborate with other successful editing professionals to learn new skills, diversify your portfolio, and increase your audience reach
The key to generating money from your videos is to persevere in your efforts
You should be willing to go above and beyond to create exceptional content
In the beginning, you may have to make and edit videos for free to establish your internet presence
However, with good planning and work, the world of videos may provide you with a plethora of money-making options
Michael launched Wealth of Geeks to make personal finance fun. He has worked in personal finance for over 20 years, helping families reduce taxes, increase their income, and save for retirement. Michael is passionate about personal finance, side hustles, and all things geeky.