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Learn how to effectively negotiate higher budgets for short-form digital content production. Discover strategies to maximize rates based on experience, quality, context, and equipment used to secure better compensation. Enhance your credibility and boost your earnings in the competitive digital content space.
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HOW TO NEGOTIATE BIGGER BUDGETS • SHORT FORM DIGITAL CONTENT
QUICK NOTE: - SHORT FORM CONTENT MADE FOR THE WEB
QUICK NOTE: - SHORT FORM CONTENT MADE FOR THE WEB - ONE PERSON CREWS
QUICK NOTE: - SHORT FORM CONTENT MADE FOR THE WEB - ONE PERSON CREWS - 60 SEC TO 5 MIN
HOW NETWORKS BUDGET THEY HAVE SET ONLINE BUDGETS
HOW NETWORKS BUDGET THEY HAVE SET ONLINE BUDGETS THE OPERATE WITHIN A BUDGET RANGE
HOW NETWORKS BUDGET $500 - $1200 $700 - $1500 $500 - $3000 $500 - $2000 $300 - $700 $1000 - $1800 $200 - $400 AJ+ New York Post Univision Great Big Story (CNN) Fusion Discovery Digital Networks Now This
HOW NETWORKS BUDGET NETWORKS KEEP BUDGETS CONSISTENT
HOW NETWORKS BUDGET NETWORKS KEEP BUDGETS CONSISTENT MOST PAY BASED ON FLAT FEES (NOT DAILY RATES)
HOW TO NEGOTIATE WE NEGOTIATE THE BEST POSSIBLE RATE WITHIN THE RANGE
HOW TO NEGOTIATE WE NEGOTIATE THE BEST POSSIBLE RATE WITHIN THE RANGE $700 $3500
HOW TO NEGOTIATE [ASSETS AND VARIABLES]
HOW TO NEGOTIATE [ASSETS AND VARIABLES] 1) EXPERIENCE & QUALITY OF PORTFOLIO 2) CONTEXT AND DIFFICULTY 3) EQUIPMENT USED
EXPERIENCE & QUALITY OF PORTFOLIO - MORE EXPERIENCE WITH LARGER NETWORKS MEANS CREDIBILITY IN THE EYES OF THE STORY EDITOR
EXPERIENCE & QUALITY OF PORTFOLIO - MORE EXPERIENCE WITH LARGER NETWORKS MEANS CREDIBILITY IN THE EYES OF THE STORY EDITOR - WHEN TO BRING UP: DURING THE STORY PITCH
EXPERIENCE & QUALITY OF PORTFOLIO - FIND THE STRENGTHS OF YOUR PORTFOLIO. WHAT’S THE BEST WORK YOU’VE PRODUCED?
EXPERIENCE & QUALITY OF PORTFOLIO - FIND THE STRENGTHS OF YOUR PORTFOLIO. WHAT’S THE BEST WORK YOU’VE PRODUCED? - HAVE YOU PRODUCED PIECES IN DIFFERENT COUNTRIES? INTERNATIONAL EXPERIENCE IS HIGHLY VALUABLE
CONTEXT AND DIFFICULTY THIS IS AN OBJECTIVE, TANGIBLE VARIABLE.
CONTEXT AND DIFFICULTY THIS IS AN OBJECTIVE, TANGIBLE VARIABLE. - WORKING IN A CONFLICT ZONE?
CONTEXT AND DIFFICULTY THIS IS AN OBJECTIVE, TANGIBLE VARIABLE. - WORKING IN A CONFLICT ZONE? - INHERENT RISKS IN THE AREA? (THEFT, KIDNAPPING)
CONTEXT AND DIFFICULTY THIS IS AN OBJECTIVE, TANGIBLE VARIABLE. - WORKING IN A CONFLICT ZONE? - INHERENT RISKS IN THE AREA? (THEFT, KIDNAPPING) - TRAVELING NECESSARY?
CONTEXT AND DIFFICULTY THIS IS AN OBJECTIVE, TANGIBLE VARIABLE. - WORKING IN A CONFLICT ZONE? - INHERENT RISKS IN THE AREA? (THEFT, KIDNAPPING) - TRAVELING NECESSARY? - INTERPRETERS NEEDED?
EQUIPMENT USED - NEWER/UPDATED EQUIPMENT WILL BE MORE VALUABLE
EQUIPMENT USED - NEWER/UPDATED EQUIPMENT WILL BE MORE VALUABLE - THE MORE GADGETS YOU USE IN THE STORY, THE HIGHER THE EDITOR WILL GO ON THE BUDGET (BUT JUSTIFY IT)
SUMMARY EXPERIENCE + QUALITY OF WORK = CREDIBILITY
SUMMARY EXPERIENCE + QUALITY OF WORK = CREDIBILITY CONTEXT & DIFFICULTY = BOOST BUDGET
SUMMARY EXPERIENCE + QUALITY OF WORK = CREDIBILITY CONTEXT & DIFFICULTY = BOOST BUDGET UPDATED EQUIPMENT = TANGIBLE VALUE
SUMMARY EXPERIENCE + QUALITY OF WORK = CREDIBILITY CONTEXT & DIFFICULTY = BOOST BUDGET UPDATED EQUIPMENT = TANGIBLE VALUE {MORE MONEY PER PIECE}
QUICK TIP IF THE RELATIONSHIP ALREADY EXISTS, IT’S OK TO BRING UP YOUR VALUE AND REQUEST AN INCREMENT IN YOUR SUBSEQUENT WORK
QUICK TIP IF THE RELATIONSHIP ALREADY EXISTS, IT’S OK TO BRING UP YOUR VALUE AND REQUEST AN INCREMENT IN YOUR SUBSEQUENT WORK “I’M GLAD YOU’VE BEEN ENJOYING THE PIECES AND THAT MY WORK HAS BEEN PERFORMING WELL ONLINE. I UNDERSTAND YOU HAVE A BUDGET RANGE TO ADHERE TO. WOULD YOU BE OK WITH UPPING THE BUDGET TO (MAX AMOUNT OF BUDGET RANGE) ON MY NEXT PIECE?”