January 2017
Beginner
480 pages
27h 32m
English
How do you respond to a buyer who says, “My final offer is $3,300, take it or leave it”? A price concession is, of course, one option. However, this is likely to reduce profits for the company and lower your commission. An alternative strategy is to confidently review the superior benefits of your product and make another closing attempt. Appealing to the other person’s sense of fairness also may move the discussion forward. If the final offer is totally without merit, consider calling a halt to the negotiation to allow the other party to back down from his position without losing face.49
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