K&R Success Stories published
Posted on January 28, 2009 | Filed Under K&R Success StoriesLeverageMotivations, Objectives, RequirementsNegotiation Success Range™ (NSR™)Questions & AnswersSellingTerms Cost MoneyValue | Leave a Comment
K&R Negotiation Associates has published a few representative success stories on the K&R Web Site. Here are excerpts and links to more information:
- K&R’s client turned a $150K annual loss into a $50K annual profit, while at the same time raising their own client’s satisfaction with the service. (more)
- K&R’s client realized 6.7M€ of revenue in their current fiscal year, and 60.2M€ additional revenue within two years. (more)
- K&R’s client benefited between $13.5K and $250K. The ultimate buyer saw a clear ROI from the total $837K investment in our Client’s products. Both our client and our client’s client were rewarded through the application of K&R negotiation principles. (more)
- K&R’s client did not offer expensive guarantees and rebates as part of their services package. This will positively affect profitability as the agreement executes. The result was generated by carefully understanding client needs before offers were made. (more)
- K&R’s client closed $2M higher than expected, using a few simple K&R principles. (more)
- K&R’s client benefited by up to $65K, and began the process of breaking a pattern of discounting with their client, which will repeat in every transaction. Our client’s client was satisfied, because they understood the value of what they were buying. (more)
- K&R’s client closed for $1.6 to 2.1M more than they expected to, using K&R’s value principles. (more)
A Negotiator’s Resolutions for the New Year
Posted on January 5, 2009 | Filed Under Motivations, Objectives, RequirementsValue | Leave a Comment
With the pressure of year-end closing behind us, it is time to look forward. This is no time to rest on our laurels – unless we want to go through another insane end of year, hoping that the customer will have pity on us and sign, even if they are not convinced. To that end, as good negotiators, repeat after me…
I resolve to do my preparation early in 2009, and as a result, have a terrific year.
To that end, I resolve:
- To persuade my buyers by describing the value of my solution – in their business terms, not mine, using references and proofs of concept as needed.
- To articulate that value to each decision maker or key influencer for the agreement. The articulation will be customized and relevant to the role of the customer person I am speaking with, and I will get confirmation from them that it is relevant.
- To quantify the business benefit that my solution provides, in customer terms. I will use real customer data as much as possible, and develop the model for the business benefit jointly with my customer.
- To get a confirmation from my customer that the quantified business value is important to them, and if possible, that they will use our jointly-developed models in their decision-making process.
- To understand and describe accurately how only my solution offers certain key characteristics that solve the customer problem.
- To be proud that I have brought a solution to my customer which provides them with a real business benefit, at a fair price.
- To enjoy the journey and have a great year.
Negotiate Wisely! (td)
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- The Dynamics of Credibility and Leverage
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