An exclusive report is a piece of news that only one journalist or media outlet has access to before sharing it with other outlets. This can be a great way to generate excitement and build relationships with journalists, but it also comes with risks. If the organization goes back on its word and gives the same story to other outlets or fails to honor an embargo period, it can damage future relationships and credibility with those journalists.
Exclusives are typically only worth pitching to a media outlet when they are truly unique or worthy of attention. This means the news must be highly time-sensitive, relevant to a specific audience, or be something that has never been done before, such as a round of funding that is closing with interesting investors or a new partnership that has the potential to reshape an industry. It is also important to carefully select the journalist or media outlet you pitch an exclusive to, considering their reach, editorial focus and past coverage of similar topics.
When executed well, a strategy that leverages exclusive content can increase engagement and user loyalty. Scarcity is a powerful psychological motivator, and people are more likely to feel inclined to share limited-time offers or valuable information with their friends and networks. However, organizations should be careful not to overgating content, as this can frustrate users and reduce overall engagement. Consistently delivering high-quality exclusive content is essential to maintaining engagement and justifying the cost of limited access.