What's it worth?
How much will
I get for selling my story to a woman's magazine?
All magazines have different budgets relating to their size of circulation, advertising revenue and issues published per year. Generally fast-paced women weeklies pay more for real-life stories than glossy monthlies - who only have 12, instead of a fiercely-competitive 52 issues a years to turn out.
It's hard to say what fee you'll get without even knowing what your story is. You're usually talking hundreds of pounds or a thousand pound or more.
You might well wonder would you get a higher fee going direct without me - because obviously I get paid for my time spent on you and your story? I think, these days, you might actually get a higher fee if your story is picked up amongst the numerous approaches the magazines gets daily without a professional proposal, which is what I do first. The teams who work in the magazines on your story are top notch and you would be in excellent hands. There are some other differences though with going direct - I don't think you always get the same level of contact outside of normal office hours you might prefer and you would have to sign all rights away on your story so it could be sold on elsewhere and you won't get anything, or possibly even know. I secure an exclusive contract for you which prevents this and should any other publication be interested, they magazine would refer them on to me and I'd ask you first and secure an extra fee for you.Your fee covers your time and trouble - talking to us, sorting or even having some photos taken. You can treat yourself, your partner, your family, or make a donation to a favoured charity which we can include, or promote, at the end of your article.
How will I know I've got the best money for my story?
I will endeavour to approach a number of suitable magazines who may be interested in your story until we have success. That way you will know what they are offering for this type of story right now.
Does using you cost me anything?
No. My services are always entirely free to you. I get paid separately by the magazine or newspaper in line with NUJ rates for the job.
When will I know exactly what I'll be paid for my story?
Early on - then this is guaranteed to be paid after your article appears in a letter. There are no vague verbal promises regarding your payment. You will get the actual amount of cash you'll get from a named publication confirmed in writing FIRST by myself or the magazine before I do a full interview. You usually get paid directly from the publication just a few weeks after your article is published. I will agree "the rights" so that your story will not appear in any other publication without you knowing and agreeing first.
What do other types of magazines beside women's weeklies pay?
Prestigious monthly and glossy women's magazines, health, health and fitness and the teenage magazine market tend to pay you less than the women's weeklies, probably partly because they have fewer issues per year to fill than the fiercely competitive weeklies. Teen mags sometimes also give interviewees a much-coveted "goodie bag". Lower circulation/budget specialist magazines that cover supernatural true stories also pay lower fees or no fee at all - many people with a mysterious story just want to share and make sense of their paranormal/spiritual experience.
What is the payment method for my fee?
The magazines pay you directly, by cheque, a few weeks after publication. You can usually have the cheque "made payable" to someone other than yourself on request.
Can I make more money?
Yes. Sometimes more than one publication will want your story from me, as I've done before with stories I've had published in Bella and Cosmopolitan, Woman and Take it Easy (Sunday People supplement), The News of The World (in the 90s) and More magazine, etc.
A selection of my work has been syndicated internationally, with the interviewee's consent, such as to Elle in Mexico, Sarie and Fairlady in South Africa, etc.
I'll always put such options to you first and you get paid something every time your article is re-published.
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Copyright reserved Susan Wallace October 2007-15.