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Sales Management: Select Champions

Select Champions Recruitment is the starting point in building a superior sales team. Most problems experienced by sales managers originate in the recruitment of inappropriate people for sales positions in the first place. Selection of the proper salespeople is one of the most difficult tasks you have, but it can account for as much as...

Negotiation: The Successful Negotiator

The Successful Negotiator WHAT ARE the marks of a successful negotiator and how can you tell if you are one? If you observe successful negotiators, you will find several common characteristics and practices. First, they view negotiating as a lifelong process; it is never-ending. They see all of life as a process of compromising and...

Negotiation: Negotiations Are Never Final

Negotiations Are Never Final NEGOTIATION SHOULD be seen as an ongoing process. No negotiation is ever final. If you get new information that changes your perspective on the situation, go back and ask to reopen the negotiation. We talked before about the “Chinese contract.” If you are negotiating with another party with whom you intend...

Negotiation: The Walk Away Method

The Walk Away Method THIS IS ONE of the most powerful tools in negotiation. In fact, you should never enter into a serious negotiation unless you are prepared to walk away if you do not achieve your most important goals in a transaction. Previously, we talked about the importance of developing options (Chapter Twelve) and...

Negotiation: Price Negotiating Tactics

Price Negotiating Tactics IN CHAPTER THREE, we talked about two types of negotiation: the short-term, onetime negotiation and the long-term business negotiation. In the short-term negotiation, your job is to get the very best price and terms at this moment, without concern for whether you will ever see or work with this person again. There...

Negotiation: Persuasion by Social Proof

Persuasion by Social Proof ONE OF THE most powerful influences on thinking is what other people “like me” have done in a similar situation. We are inordinately influenced by the behaviors of other people with whom we identify and to whom we relate. Keeping Up with the Joneses I remember a door-to-door magazine saleswoman coming...

Negotiation: Persuasion by Reciprocation

Persuasion by Reciprocation IN HIS BOOK, Influence, Robert Cialdini lists the factors that have the greatest impact on the way people think and respond to you. The most powerful of all influences, in his estimation, is the power of reciprocity. Extensive research shows that reciprocity—giving and receiving—is the most powerful way to gain agreement and...