SALES POLICY AND RULES
LES PUBLICATIONS CONDÉ NAST interactive
Appliable from 1st February 2007
I. All the signature of an advertising order comply the complete acceptance without exception of the following general conditions, no other condition is accepted unless agreed in advance and signed by us before the deal is started. All the orders both from an advertiser or a third party is not valid unless returned to us signed and with the company stamp within 3 weeks from the reception to LES PUBLICATIONS CONDÉ NAST (with a copy of the mandatory letter if the case). The orders signed and sent back via fax are valid.
II. If the cancellation request is received less than two weeks prior the online of the campaign, the order cannot be cancelled and the total investment will be due. In case of recession between 2 and 4 weeks before the kick off of the campaign, the penalty will be of 50% of the total investment. If the cancellation arrives more than 4 weeks before the start of the campaign no penalty will be charged. All cancellation arriving during the online of the campaign will be invoiced for the correspondent amount to the delivered impressions topped up with 50% of the cost agreed at the order signature as damage refund. The errors in adserving performed either by the advertiser or the third part are not considered a condition for contract cancellation. The increase in price will be applied as total right
III. LES PUBLICATIONS CONDÉ NAST uses the tool Open Ad Stream by Real Media for the delivery of ad impressions on its sites. Only the reports supplied by Open Ad Stream will be considered valid in case of dispute between LES PUBLICATIONS CONDÉ NAST and the advertiser or third part. The reports generated by Open Ad Stream are accessible on the Internet 7d/7 and allow the advertiser or the third part to measure the performances of their campaign.
IV. The advertiser or third part will have to supply the creative formats to LES PUBLICATIONS CONDÉ NAST via e-mail 8 working days before the date of kick off listed in the order. The ads must be compliant with the maximum size and weight indicated in the order. The delay or non conformity of the formats will not allow a cancellation of the campaign or any request of refund by the advertiser or third part. LES PUBLICATIONS CONDÉ NAST is not responsible for delays in case of late delivery of the adv formats by the advertiser or the third part out of the 8 days before the campaign kick off relkated to the date written in the signed contract. In any case, LES PUBLICATIONS CONDÉ NAST will do its best to cover the delay according to the inventory availability on the website and the total amount of the campaign could be modified. All delays or interruption of the delivery of the ad resulting from a temporary technical failure of the site or a disfunction of the net, cannot give space for a refund for the advertiser or the third part. In case of under delivery due to non planned low audience of the site, LES PUBLICATIONS CONDÉ NAST will live the campaign online till the reach of the objective, with no other refund to the advertiser or the third part.
V. The adv spaces are invoiced based on our price list for the year 2007 the day of the order approval. We reserve the right to change the rates with one month advice. The modification in price will be applied to all orders after that date. LES PUBLICATIONS CONDÉ NAST reserves the rights to modify the sales policy at any time.
VI. Advertising goes online under the exclusive responsibility of the advertiser. The Editors reserves the right to refuse, at any time, and advert for proper reason, and usually if the nature of the text or the graphical display seems opposite to the spirit of the site or capable to issue the complaints of the users. LES PUBLICATIONS CONDÉ NAST is not responsible for refusal and will not refund the advertiser or the third part. LES PUBLICATIONS CONDÉ NAST cannot guarantee that competitors will not be present on the site in spaces near or next to one another in a same period.
VII. All complaints to be valid must be presented in written within 3 days after the start of the campaign.
VIII. In order to be able to accept orders issued by third parts we need to receive a mandatory letter by the advertiser. In this case we will issue the invoices to the advertiser and copy the third part. The total of the invoice excluding taxation will be added VAT and/or all other taxation to be charged to the advertiser at the date of the invoice issue. The advertiser and the third part are entirely responsible for the invoice payment.
IX. The payment of the adv campaigns is due by rates, cheque or bank transfer: 1) 30 days end of the month after the invoice date. In any case, LES PUBLICATIONS CONDÉ NAST reserves the right to ask for a payment in advance if it is considered necessary. 2) the payment terms will be decided in agreement with the advertiser or the third part at the order issue moment. In case of rateal payment, the rates have to be signed and returned to us with the domiciliation within 8 days.
X. In case of payment delay, the order could be suspended by LES PUBLICATIONS CONDÉ NAST without any indemnity to the advertiser or third part. The entire delivered campaign will be due. Besides this, payments received after the deadline show in the invoice and after the deadline agreed in the general conditions format will see the application of a passive interest at a rate one and a half time higher than the legal rate effective at that moment and calculated on the total expired amount and for the days of delay related to the invoice deadline..
XI. Without any change to the point X, the missed payment of any invoice on the due date will activate, in full right, the request of immediate payment: 1) of the total remaining invoices due for orders placed in the name of the same advertiser or third part whatever the previously agreed payment terms. 2) of a legal indemnity of 15% of des the total remaining invoices due for orders placed in the name of the same advertiser or third part, topped up of the total amount of eventual legal expenses
XII. DISCOUNTS
1. Volume : a discount will be applied to all the advertisers based on the gross investment shown on the order form.
2. Fidelisation : a fidelisation discount is applied to all the advertisers present on the website the year before. This is added to the discount linked to the volume and it is calculated on the total gross investment.
3. New Advertisers : a discount is applied to all the new advertisers that were not present the year before. This is added to the discount linked to the volume and it is calculated on the total gross investment.
4. Third parties cumulated investment : this applies to all order forms signed by the same third part and involving at least two advertisers planned on the websites of LES PUBLICATIONS CONDÉ NAST. The total amount will be calculated on the gross investment, for the orders according to the Sales Policy and on the rates excluding special projects and promotions. On this amount the professional kickback will be applied. This adds up to the volume, fidelisation and new advertiser discount.
5. Synergy : a discount is applied to all advertisers planning the same campaign both on a magazine and a website (VOGUE/Vogue.com or GLAMOUR/Glamour.com) or on 2 internet sites represented by LES PUBLICATIONS CONDÉ NAST published in the same year. The discount is calculated on the total gross investment
6. Third parts : if the order is placed by a third part intermediating for the advertiser, the total net investment (only on spaces hosted on our sites) is reduced, for the advertiser by a professional kickback of 15%
The minimum discount % as well as the total minimum investment are included in our Sales Rates
XIII. No material is archived once the campaign is over, they are destroyed right after the end of it
XIV. The interpretation and execution of the general conditions expressed in this document, as well as all the documents linked to it, are according the French law. All disputes will be presented to the Commerce Tribunal of Paris. The effects of the commercial deal or the acceptance of the present rules are not changing or cancelling this point
Sales General Policy Les Publications Condé NAST
2007
1. Total orders: >2 -2%
>3 and + -3%
2. Frequency:
Kick back new advertiser -5%
Kcik back fidelisation (minimum 8 000€ on previous year) -3%
(with an increase of +10%) -5%
3. Volume Discount:
8 – 9.99K€ 3%
10 -14.99K€ 4%
15 - 19.99K€ 5%
20 - 24.99K€ 6%
25 - 29.99 K€ 7%
30 - 34.99K€ 8%
35 - 44.99K€ 10%
45 - 59.99K€ 12%
+ 60K€ 15%
4. Synergy magazine+website (vogue.com/glamour.com)
(Same campaign same year) -5%
5. Agency Commission -15%