Transformation Rate Sheet

iPOV has two approaches to pricing. The 'design to value' approach is iPOV's preferred method with first-time clients and the 'à la carte', item price method for returning, experienced partners.

Design to Value

For initial working relationships, iPOV strongly prefers to apply a design to value approach. In first meetings, iPOV typically knows more about its large toolkit of eLearning solutions, while the client typically knows which content has the greatest business value. By working together, iPOV and the client can jointly identify the combination of content and eLearning tools that will make the best use of the client's budget. By combining their distinctive competencies, iPOV and the client can maximize the 'bang for the buck'.

À la Carte

Some clients choose to create their own publishing process - using selected services from iPOV's detailed à la carte menu. In this model, iPOV adopts a role similar to a photofinishing lab - the client is responsible for design decisions, and iPOV does what the client asks it to do. The following table lists some of the commonly used unit prices.

Disclaimers:

• These rates are intended to serve as examples to illustrate iPOV's approach to pricing. For medium to large projects (i.e. more than 2 hours of video), we caution against simply multiplying the length of the raw video clips by these unit prices. That will generate an artificially high price. Effective application of iPOV's design-to-value approach, plus volume discounts, almost always results in a significantly lower final price.
• Prices as of 3/27/08 - subject to change without notice and subject to iPOV's standard terms and conditions at date of agreement )
• iPOV applies lean manufacturing techniques to eLearning production. That's why we can publish many of our unit production prices. However, for complete price quotes, please contact sales@ipov.net.

Service	Unit	Unit Price
Video Construction Services
single video	vm	$30
two-video combination (e.g., picture in picture)	vm	$40 to 50	(depends on complexity)
custom production services	labor hr	$75
assessment - customer-supplied multiple-choice quiz questions	question	$15
assessment - iPOV generated multiple-choice question	question	$25
assessment - specialty questions (e.g., video enabled)	question	quote
Video Enhancement Services
simple elements	item	$15
dynamic elements	item	$30
custom-engineered elements	item	quote
Video Restatement Services
preparation for validated voiceover	vm	$30
prepare searchable web archive for voiceover	vm	$20
verbatim transcript	vm	$20	(subject to volume discount schedule - S1)
subtitling	vm	$20	(subject to volume discount schedule - S1)
voiceover & final audio (staff voice)	vm	$25
voiceover & final audio (professional voice)	vm	$45
Video Translation Services
subtitling in foreign language
Spanish	vm	$25
Latin-based European languages	vm	$27
other languages	vm	$35
voiceover (from pre-existing subtitles)
Spanish	vm	$20
Latin-based European languages	vm	$22
other languages	vm	$30
Knowledge Extraction Services
extract text manual from video	vm	quote
Notes:
vm = duration of video clip measured in minutes (rounded up to nearest minute)
vhr = total duration of content measured in hours (rounded up to 1/4 hour)
item = individual Flash Animation feature
labor hr = hourly rate for iPOV staff time
day = person-day onsite at recording location (travel expenses are extra)
question= multiple choice question
Expenses: Clients will reimburse iPOV for direct, project-specific expenses (e.g., travel and lodging for on-site coaching).