How much to spend on developing key art, and when to spend that money, is one of the many important decisions a filmmaker has to make. Yet like many aspects of the filmmaking process, there is no one-size-fits-all standard. When we were discussing the prospect of my writing this post, one of my colleagues at TFC remarked that for a film that costs, say, $250K to make, a $10-20K or more spend on developing key art (and mind you, this is separate from a marketing budget where you have to pay to get that key art out into the world, and separate still from designing and maintaining a web site) is not unreasonable, assuming one wanted to hire a top agency. Other filmmakers get someone they know to do it for free, if for no other reason than they are out of funds. Most micro-budget indie filmmakers will undoubtedly fall in between these two polar extremes in terms of what they will end up paying, but in the end, what you produce, and when you produce it, is a decision that should not be rushed or taken lightly.
Most filmmakers would agree that good key art is essential…it can be the factor that decides whether somebody will click further to watch your trailer, or move on to another film. If it is carried over to your website effectively, it should inspire confidence in your brand. Good key art can endure and even come to possess an iconic existence of its own that will represent with your film for years or even decades to come.
But good key alone is probably not going to work miracles.
Via Jeremy Wilker