This document outlines Sandy Thurman's negotiation plan with the Coast News over advertising placements and policies. The most important issues to Sandy are limiting advertorials without labeling, controlling the back page and double spreads, and having more color ads and photos. Sandy's BATNA is to make a case to Pat Smith, reservation price is $150, and target is above $220. Key sources of power are new revenue needs, credibility, Smith's focus on results, and increased debt. The counterpart's priorities are limiting unlabeled advertorials and controlling inside page placements and colors. Their BATNA, reservation price, and target are also making a case to Smith but for above $100 and $150 respectively. Sources of power
This document outlines Sandy Thurman's negotiation plan with the Coast News over advertising placements and policies. The most important issues to Sandy are limiting advertorials without labeling, controlling the back page and double spreads, and having more color ads and photos. Sandy's BATNA is to make a case to Pat Smith, reservation price is $150, and target is above $220. Key sources of power are new revenue needs, credibility, Smith's focus on results, and increased debt. The counterpart's priorities are limiting unlabeled advertorials and controlling inside page placements and colors. Their BATNA, reservation price, and target are also making a case to Smith but for above $100 and $150 respectively. Sources of power
This document outlines Sandy Thurman's negotiation plan with the Coast News over advertising placements and policies. The most important issues to Sandy are limiting advertorials without labeling, controlling the back page and double spreads, and having more color ads and photos. Sandy's BATNA is to make a case to Pat Smith, reservation price is $150, and target is above $220. Key sources of power are new revenue needs, credibility, Smith's focus on results, and increased debt. The counterpart's priorities are limiting unlabeled advertorials and controlling inside page placements and colors. Their BATNA, reservation price, and target are also making a case to Smith but for above $100 and $150 respectively. Sources of power
What issues are most important to you? (list in order of importance) 1. Advertorials without an indication that they were not written by news staf 2. Advertising controls full back page and double truck 3. Color Ads 6 days/ News Banner 0 days 4. Advertising photos 6 days/ News color photos 0 days 5. 11:00 am delivery What is your BATNA? Reservation Price? Target? What are your sources of power? BATNA: Make case to Pat Smith Reservation Price: 150 Target: >220 Sources of power: 1. Need of new revenue 2. Already a credible newspaper 3. Smiths focus on results 4. Debt increased due to news press 5. Competitive advantage over news What issues are most important to your counterpart? (list in order of importance) 1. No Advertorials 2. Advertising allocated other inside pages of the section 3. Color ads 0 days/ News banner 6 days 4. Advertising photo 0 days/ News color photo 6 days 5. 1:00 pm What is your counterparts BATNA? Reservation Price? Target? BATNA: Make case to Pat Smith Reservation Price: >100 Target: 150 What are your counterparts sources of power? 1. Credibility of newspaper 2. Becoming a sell-out 3. Competition with News What is your opening move / first strategy? 1. Discuss about falling revenues 2. Cost of new press 3. Pressure by Smith Other important information / considerations There may be an opportunity to maximize gain for both the parties. Keeping in mind to ask for the other parties preference.