Not necessary. While some professionals in the industry prefer software like Adobe Premiere Pro and Final Cut Pro. But there are also many free and affordable options available that you can go for as a beginner.
Speaking of statistics, video editing is booming. And this is probably the best time to turn your passion for video editing into a profitable venture.
In fact, this growth is so rapid that the video editing industry is expected to grow by 14% from 2021 to 2031, which is higher than any other media technician and operator job. (Source: Backstage)
So, whether you’re a seasoned pro or just starting out, in this read, I’ll share 11 proven ways to make money with your video editing skills.
Let’s start!
1. Assist YouTubers in editing their videos
When you go to YouTube, you can see an abundance of a variety of videos. Most creators just don’t have time or a sufficient level of training to make their videos perfect for sharing. You can go to Upwork or Fiverr to find suitable projects. Projects can bring from hundreds to thousands of dollars of profit.
Do You Know?
According to SendShort, the video editing software market is expected to hit a staggering valuation of $5.13 billion by 2032 with a CAGR of 5.8% from 2023 to 2032.
2. Become a brand’s social media content creator
Brands know that social media is a gold mine. TikTok’s average engagement rate reaches approximately 6%.
A person who can produce short-form content for renowned platforms and edit videos according to the platform’s requirements is a real asset. Knowing the most popular editing techniques like split-screen edits, text overlays, and transitions will help you stay relevant.
3. Offer VHS-to-Digital conversion services
People store an abundance of precious memories on their VHS tapes. Not everyone knows how to convert VHS to digital. You can start offering this service locally as well as online, and you’ll see a surge of clients. Moreover, some people might want to improve the quality of their family films and your video editing skills would be relevant.
4. Engage in wedding video editing
Memories from the wedding day are the most cherished ones. However, many couples deal with unaccountable video editing specialists who may delay editing wedding videos for months. In this regard, you can partner with local wedding videographers or advertise on wedding forums.
5. Work for corporate clients
Think about how many videos companies produce. They make training videos, marketing clips, product demos, etc. If you can focus on clean and professional edits, you can help brands improve their recognizability.
6. Edit music videos
Aspiring musicians are focused on crafting trendy and professional music rather than video editing. You can become an affordable editor if you are creative enough to come up with love storytelling and unique music video plots.
7. Become a teacher
There are a couple of ways you can help people master video editing and make money from it. You can engage in creating an online course on Udemy or offer offline or online tutoring.
8. Create and sell video templates
There are hundreds of templates that video editing software offers. Still, creators are always on the lookout for new and unique ones. You can become a template creator and sell them on platforms such as Envato or Motion Array.
9. Make video tours for real estate agencies
Real estate is a lucrative industry. Recently agencies have started to offer their customer property video tours. By focusing on seamless transitions and vibrant colours in video tours, you can make hundreds of dollars per project.
10. Generate content for e-learning platforms
Platforms such as Udemy, Coursera, and Teachable produce a plethora of online courses that include educational clips. As this market is booming, platforms are always in search of professionals who specialize in captions, clean edits, and engaging transitions.
11. Collaborate with nonprofits
Nonprofit organizations need videos for fundraising. Alas, they often have limited budgets. As part of building your portfolio, you can collaborate with them in exchange for testimonials or referrals.
Conclusion
Top-tier video editors can unlock powerful earning potential. There’s a plethora of opportunities, whether it’s working with companies on corporate clips or creating wedding videos, you can find an option that suits you best.
- 1. Assist YouTubers in editing their videos
- 2. Become a brand’s social media content creator
- 3. Offer VHS-to-Digital conversion services
- 4. Engage in wedding video editing
- 5. Work for corporate clients
- 6. Edit music videos
- 7. Become a teacher
- 8. Create and sell video templates
- 9. Make video tours for real estate agencies
- 10. Generate content for e-learning platforms
- 11. Collaborate with nonprofits
- Conclusion