The Most Important Questions to Ask when Negotiating an Exclusive Coverage Agreement

Australian Business
Print

Offering a reporter or media outlet an exclusive can give them a huge incentive to cover your story. Every outlet wants to be the first to cover a big story, so offering them an exclusive is a great way to pique their interest while at the same time building their trust and taking the relationship to the next level. Not only that, when that outlet is the first to run with your story, they’ll be highly motivated to promote it and get as much traffic to it as possible.

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Of course, there is a flipside to offering exclusive coverage to a journalist, and things aren’t always guaranteed to work out so beautifully. When you pin all of your hopes for your story on a single outlet, the consequences can be pretty severe if things don’t quite go as you had hoped.

So, what can you do to mitigate the risks? It comes down to asking the right questions when negotiating your exclusive coverage agreement.

Here are some key questions that must be answered:

 

 

What are your thoughts on offering a journalist an exclusive? Leave a comment to let us know!

This article is written by Mickie Kennedy, founder of eReleases (http://www.ereleases.com), the online leader in affordable press release distribution. Grab three ebooks, including My Facebook Formula, a free report on Facebook and why you should be using the largest social network for your business, here: http://www.ereleases.com/offer/freebooks.html

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