Ir al contenido principal

Mauro Libi: How to negotiate when you are not an expert trader

Trading in these complex times require extraordinary skills, especially if the partners belong to other cultures.

The trading rules are varied. At first it is important to understand that everything in the business world can be negotiated. Local businesses looking to expand into the international market should drive the negotiations always based on knowledge of the product to be exported and the market that is intended to penetrate.

Entrepreneurs proposed goals should be to expand, open up new markets, gain more customers. Today's market is a global economy. If you want to make more money, then you must learn how to trade across borders, think globally, and make the necessary adjustments to adapt your operations, to the demands of international markets.

Entrepreneurs seeking international objectives must execute a marketing plan that includes strategies to adapt to new consumer.

Also should set the pricing structure  to each different market by considering aspects such as competition, objectives, demands, exchange rate, local laws, among others, to then decide the final price will place your bid.

International entrepreneurs determine the best distribution channels and maintain product quality. They should evaluate the market segment that gets its offer, which will guide the customer about what they are buying, what can you get, how much it will cost and who offers it.

The legal department is very important at this stage of expansion and should take into account the regulations that each country has to import, what trade agreements the country has signed, with whom and what kind, how commercial instruments work, and what advantages they offer companies looking to leave the borders.


Before starting any type of negotiation, what kind of trading is sought, one in which all parties feel satisfied with the achievements, or one where you win all or lose it all should be established.

Comentarios

Entradas populares de este blog

Mauro Libi: Where is the performance evaluation points going?

On some occasions, we have recall to the performance evaluation but only in a lateral way, so in this opportunity we will talk a little bit more about the subject, in particular, on the trends of this system.Let us define that the performance evaluation is a formal system which objective is to estimate the accomplishment of the worker’s labor obligations.The idea is to document the performance and productivity of an employee to point out what areas they could improve. This instrument allows the managers to evaluate their workers and then, use the evaluation results at the moment to decide a promotion, transfer, dismissal or a salary increase of these employees.With performance evaluation, team leaders, managers or directives have the possibility to carry out a quantitative and qualitative analysis of the efficiencyrank that the workers show in the performance of their tasks. The issue that keeps us occupiedhas to do with the validity and reliability of the traditional ...

How does technology help in business communication?

One of the elements which has undoubtedly worked to support our growth, expansion and excellence projects in the last years, has been technology applied to business communication. I still remember when everything was reduced to memos, billboards, advertisements, photos and one or another printed publication in order to communicate inside the company; at the same time absolutely massive Advertising in existing media was in charge to go to the great public which included our customers and prospects.  Today we can say that with the advance of humankind, communication needed is also appearing. And our times make use of digital communication to improve business processes with more efficient and functional ways which allow more interaction, and overall, business productivity. Technology in communication expressed in the use of Internet, and with it, the Web, social networks, e-mails, multimedia resources (videos, infographics, memes, podcast, live broadcast, etc.); joine...

Mauro Libi: To succeed we must work hard

One of the secrets revealed by Bill Gates, who for over 22 years has held the top spot in Forbes magazine as the richest man in the world is that in order to reach the first place we must work tirelessly, focusing on target , tirelessly and remain convinced that the chosen path will lead to the goal.  And the people who succeed tend to stand out from the rest because they are always ready for action, always available to do more, and to generate expanded opportunities , do not usually complain of life, or the people and work. They are creating Positive changes in its wake. They are creative and know how to locate the possibilities where others see adversity. Bill Gates says he was always willing to work 20 hours a day if necessary and nowadays he does the same, despite being the world's richest man. Successful people know that the road to the top is hard. It does not always yield the expected immediate results. They know that at the end of the tunnel is the goal and they in...