Leverage a direct deal in the Distribute platform to sell your data to a buyer based on a private agreement of price, volume, and data constraints.
As a supplier in Narrative, you have the ability to sell your data both on the Marketplace and through Direct Deals with a preferred buyer. A direct deal will have the same components as an open market Sell Offer, allowing you to choose the type of data you want to sell, the price point, and which buyer to sell to.
Direct Deals require corresponding deals by both the supplier & the buyer for transactions to start.
Creating a Direct Deal in Distribute
Under the Sell tab, select the option for Direct Deal. Once on the home page, select New Direct Deal on the right hand side.
Now create a new Line Item that will live under the Direct Deal -- a Direct Deal can have multiple line items, typically differentiated by a certain data type or buying strategy.
All data package types & constraints are available under Direct Deals, same as they are for open market sell offers. Choose the appropriate package type and select the constraints for the data you want to sell.
Once your sell settings are complete, choose the appropriate Transacting Company:
Next, define the budget constraints. You can choose between hourly, daily, monthly, or as a one-time sale.
Executing a Direct Deal
Your direct deal will begin transacting only when:
- Both the Sell & Buy side direct deals are active
- Both orders are using corresponding data type, constraints, and budget
- Timeframe to buy & sell data is live for both orders
Interested in setting up a direct deal with a current buyer in Narrative? We would be happy to connect you! Reach out to your Partner Success Manager today or contact us at email@example.com.