Friday, July 18, 2008

Getting Every Penny On The Table

Writen by Don Doman

In my younger days I was a member of the Jaycees (Junior Chamber of Commerce). Membership at the time was limited to young men 21-35. In Tacoma, our largest fundraiser was the yearly fireworks stand.

Near the end of June we would sign a contract for an order of fireworks based on the previous year's sales. The fireworks company would deliver the modular panels of the fireworks stand to its location (the same street corner each year), and we would screw and wire it together.

The fireworks chairman would schedule husbands and wives for their shifts and we would all do our duty. It wasn't hard work. Actually, it was fun. We talked and joked with each other as we waited for customers, just like most businesses. We cleaned up our messes and sometimes like little children we would set off a few fireworks from time to time to alleviate boredom. The last crew would generally close up and then cross the street to the Mountain Tavern for a beer or two and a game of pool.

In selling fireworks we would see single adult males, parents, grandparents and children . . . lots of children. The fireworks were labeled "safe and sane" so we could legally sell fireworks to any age. Most of us had grown up playing with fireworks both legal and illegal.

It didn't take me long to develop my sales attitude. Having worked at my parents' motel from the seventh grade up to college, I knew about selling to the public. And as the son of small business owners I knew how important each sale was. For the Jaycees this was the fundraiser that allowed us to run many of our projects during the year, and we had a whole bunch of community projects.

When kids came up to the stand they would usually take all of their money out of their pockets. With money in hand they would make their purchasing decisions. Since I could easily see what they had to work with, I could put together special packages for them that magically took every single penny from their eager little paws. They were thrilled. I was thrilled.

When the parents and grandparents came I would listen and watch the interaction of the adults to the children and judge my packages accordingly. I would fine-tune my pitch when it was time to give them their change. My goal was always to take every penny . . . sometimes that meant selling a single punk. I always tried.

This is the same mentality it takes in negotiation. I hate to leave money on the table, unless I figure it's seed-money that I can get later. Now, don't get the idea that I take unfair advantage of people. I give value for value. It's just that I want those pennies and if I know they're there, I try to get them. Isn't that what sales and negotiation is about? Getting every penny should always be our goal.

Author Don Doman: Don is a published author of books for small business, corporate video producer, and owner of Ideas and Training (http://www.ideasandtraining.com), which provides business training products. Don also owns Human Resources Radio (http://www.humanresourcesradio.com), which provides business training programs and previews 24-hours a day.

How To Change Somebodys Mind

Writen by Rix Quinn

Believe me, it's not easy! And sometimes, it doesn't work at all.

But while researching my book on how to produce more memorable writing, I stumbled upon these "mind changing" ideas from multiple sources.

Remember, I'm a writer, not a psychologist. So the methods shown here come mostly from writers and speakers who've successfully altered perceptions through presentations and persuasive reports.

1. Wear the other person's shoes – Ask questions to find out why someone holds a completely different view from yours.

2. Ask that person to amplify his/her position – Are your opponent's views based on actual data, or on disputed or second-hand information that might be challenged?

3. If that person's views are based on data, is the source of that data credible?

4. What common positions do you hold? Politicians can often win a hostile audience by first discussing values everyone shares. If we can agree on common goals, perhaps readers/listeners will follow us when we lead them down new pathways.

5. Can some position be compromised? In negotiations, I often give away a small point in order to show willingness to arrive at an agreement.

6. Point out your side's best points. Remember the fence-painting episode from "Tom Sawyer"? Tom makes his task seem so appealing his friends offer him all sorts of prizes if he'll let them participate.

7. Speaking of "good points" – Sometimes negotiation can become a "listing" contest. Can you reinforce your position by listing a number of positive things about your proposal? Example: "Ten reasons you should vote for Proposition A."

Rix Quinn offers lots of writing and persuasive ideas in his book "Words That Stick." It's available from your local bookstore, or http://www.amazon.com/exec/obidos/ASIN/1580085768/qid/

Thursday, July 17, 2008

Negotiating For Fruit In The Baghdad Open Market

Writen by Lance Winslow

For those who are not use to the Islamic way of life and their free market way of trading and negotiation, perhaps you might like to walk with me in the open market for produce and such in Baghdad Iraq. You see here everything is for sale and the price is simply a negotiation starting point. But do not get discouraged because a savvy negotiator can make some great bargains here and in doing eat very well for not so much money.

What is available at the Baghdad Iraq open market, well just about anything you can think of and even fruit from as far away and the United States and Brazil. Some quality merchandise too. You can get Bananas from India, Peaches from Georgia, Oranges from Brazil and pomegranates from, well I really cannot tell you who knows where they are from? I know lets ask this gentleman shall we?

Dear Sir what is your name; Abdul. Okay Abdul can you please tell us were these Pomegranates are from; Oh they are from the finest gardens in all of Spain my friend, I make you a deal. Indeed so Abdul how much? Well these fine specimens are from the royal gardens of Spain and shipped here fresh each day, there are no finer pomegranates in all the land, what is you bid?

How about $2.00 each Abdul? $2.00 these are $10.00 but for you maybe I come down to eight this one time, if you no tell nobody of this great offer? No way Abdul I pay you $4.00 for 1 or $9.00 for 3? Oh I cannot lose money on these fine fruits, but I will sell them at you my cost for $6.50 each. It goes on and on like that and we settle at $4.90 each and that is a bargain here in Iraq. So consider all this in 2006.

"Lance Winslow" - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net/wttbbs/