SnowRockThe headline price is one part of a deal. The permitted use and the cost of delivery matter too.
Define what is being priced
Before discussing a number, define the material, volume and rights included. A limited test license and a broad training license are different offers. An exclusive arrangement and a non-exclusive one are different offers too.
The parties should also agree whether the license includes future updates, repeat deliveries or help from subject experts. These obligations affect the work and cost.
Account for preparation
Someone must select the material, review restrictions, handle sensitive information and prepare the agreed format. Decide who performs and pays for each part.
Compare the payment with these costs and any ongoing obligations. A larger headline price can produce less profit if delivery takes much more work.
Put payment dates in the agreement
State the sample review period, acceptance criteria, invoice trigger and payment deadline. Set a process for correcting or rejecting a delivery.
SnowRock’s fee and the seller’s license payment should be clear to both sides. No payment should be assumed simply because an introduction or sample review has taken place.
Talk to SnowRock about your data or your next sourcing request.