So how much does it cost to build a VR experience? $20,000 or $100,000 or $1 Million? The answer is Yes, Yes, and Yes!
Pricing a virtual reality project can be confusing due to the variety of elements involved. Before diving into that, it’s important to figure out where to begin and why you’re beginning there.
It’s often said the building a VR experience is like producing a movie. Some are low budget indie films while others are big studio blockbusters. Both can be equally as enjoyable as long as the fundamentals are strong, and they’re being shown to the correct audience.
With that metaphor in mind, one must consider that the same story can be told in many ways with significant cost variation. Therefore, it’s important to start with a defined budget and then adjust the “production value” accordingly. The steps below outline the general process and elements to be considered when creating and pricing a VR Experience. The variability will come with how much time and money is spent on each given their relative importance to the final product.