Rules and Tips for Price Negotiations

Negotiating and Bargaining
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Negotiating and Bargaining > Forum

Mohammad Hamdan, Russian Federation
Whether you are an owner of an investment project or a manager, an employee or an executive director, you will find yourself in many situations as a seller or buyer. How can you, as a buyer, get the lowest possible price? And how can you, as a seller, get the highest possible price? Below you can review the most important rules that should be followed at the stage of negotiating prices to close the deal and get the best possible price for you and your company, whether you are a buyer or seller. A) Rules for the BUYER to reach a LOW price:
  1. DO YOUR HOMEWORK Make sure that you carry in your negotiating bag the necessary information that will give you leadership in the negotiations and control of prices. Be sure to know the cost price of the seller, competitors' prices, the existence of a deadline for the seller to sell the goods/products, knowing the seller's goal of selling: is it with the aim of making a profit or with the aim of getting rid of the product? If you have (...) Read more? Sign up for free

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More on Negotiating and Bargaining
Summary
Forum
Negotiation Strategies and Tactics
Rules and Tips for Price Negotiations
The Ethics of Negotiations
Contract Lifecycle Management
How to Avoid Legal Pitfalls of Negotiating Contracts?
🔥What is a Pre-Negotiation Agreement? Good Faith
Best Practices
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Negotiating for Personal Purposes (Kolb)
Negotiating while Making Multiple Equivalent Simultaneous Offers: THE MESO STRATEGY
Issues in the Negotiation Process (Manning & Robertson)
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Asking Advice to your Counterpart in Negotiations
Different Negotiating Types / Bargaining Styles
Negotiation Intentions of Mastenbroek
Tripartite Social Dialogue to Build Trust and Collaboration Among Government, Business and Labour
Negotiation: The Final Offer Arbitration Challenge
BATNA: Should you Accept or Reject a Deal?
Stages in the Negotiation Process (Manning & Robertson)
Collective Bargaining : Role of Chairman?
Is Negotiation a Science or an Art?
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Influence of Collective Bargaining in Public Sector
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Negotiating and Bargaining
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