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Originally Posted by Mark Pocock 20 pence for every extra £1 my sales letter generates for them. |
In addition to what's already been sugguested...
Make sure this potential client has at least 100 unique customers who've purchased this specific product in the last 90 to 120 days, unless it's a high-ticket item (then 10 is okay.)
The numbers 100 and 10 are arbitrary, they could be 1,000 and 100 for you. The key is to make sure the product is already selling.
In my pay-for-performance work, I try to work against a proven control. If they don't have one, at least they have customers to interview and a selling process to model.
It's also nice for them to have at least 2 direct competitors.
If you're not 100% clear about this, why not do the job for a fixed price? Get your 50% deposit up front, 25% at the first draft, and 25% upon completion. (Again, could be 20%, 40%, 40%; or, 1/3rd, 1/3rd, and 1/3rd.)
And, get a lawyer familiar with intellectual property to write your agreement.
Ask them to create a boilerplate you can use for other projects. Money well invested.
Best,
Justin