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What are the other production companies in your region? Which sort of clients do they serve? If there are 10 wedding videographers and 0 corporate event video production production companies, then you should seriously consider being the first and only corporate production company in your area. You should lean more towards wedding videography, if there are 10 movie companies and only a wedding videographers. When it's about the same in the two categories, consider serving both markets or simply choose.
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Low quality video production takes away from the message. Poor audio distracts. As professional as you want to be, choose.