1. How can you ensure that the terms of the deal are what you
had in mind? Read on to find out how to do just that! NEGOTIATION
PLAYS AN IMPORTANT ROLE IN EVERY WALK OF LIFE. W W W . K R E D X .
C O M
2. W W W . K R E D X . C O M N E G O T I A T I O N T I P S F O
R Y O U R N E X T B U S I N E S S D E A L
3. Research well B E W E L L - P R E P A R E D Gather
information regarding the deal, the trends, the current market
price and most importantly, the other party involved
4. DECIDE YOUR TERMS BEFOREHAND Do not wait till the last
moment to decideon thetarget price and walkaway terms. Get the
entire team onboard : Helps in quick decision making, speeds up
processes & shows professionalism
5. DO'S DONT'S Be confident Sit up straight Talk loud and clear
Be assertive Fidget Mumble Talk too fast Be distracted B E A W A R
E O F Y O U R B O D Y L A N G U A G E
6. BE IN CONTROL OF YOUR EMOTIONS Always go to business
meetings with an open mind Negotiate effectively and clearly Do not
take anything said during the meeting personally Most importantly,
keep calm
7. This helps set a benchmarkprice and a standard closer to
your target price M A K E T H E F I R S T O F F E R
8. L I S T E N Listen to every word. You just might hit upon
gold that could be a game changer
9. S H A R E I N F O Encourages the other party to reciprocate
with their info. This helps in transparency and building a
rapport.
10. D O N T H U R R Y I N T O C O U N T E R O F F E R S Trick
the other party into thinking that theyve bargained to their
maximum potential and have got the price closest to their target
price TAKE BABY STEPS
11. W E A R Y O U R B E S T S M I L E A N D Y O U R E O N Y O U
R W A Y T O S U C C E S S ! There is nothing that confidence and a
positive attitude cant solve W W W . K R E D X . C O M
