Vuulr offers you several ways to express your interest in a piece of content:
2. Request for Proposal
3. Send an Enquiry if you have questions
In this article, we'll explain what Request for Proposal is all about.
What is Request for Proposal?
Prior to releasing the Request for Proposal feature, we enabled Buyers to submit Enquiries and Make Offers. Over time, we realized there was a gap, functionality that didn't really cover the case where a Buyer was interested in a piece of content, knew what kind of Rights Formats and other constraints they needed, but didn't know how to price an offer. Thus, Enquiries were used in several cases where the Buyer wanted to know how much a piece of content went for.
Introducing Request for Proposal!
Similar to Making an Offer, but...
The purpose of Requesting for a Proposal is to give the Seller enough information about your (the Buyer's) needs for the Seller to make a proposal. When creating a Request for Proposal (or RFP in short), you still need to state what countries, time period and Rights Formats you wish to License the content in. This part is the same as Making an Offer. What differs, however, is you will not need to specify a price. This will then be up to the Seller once they choose to convert it into an offer.
Don't hesitate to let us know if you have any questions!