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Showing posts with the label Competition

LET’S TALK – WHY NEGOTIATE

The Why…. Understanding why we enter into negotiation with another party is critical to the outcome of the negotiations. The following are some business reasons; To grow existing market – Penetration Expand in a particular area of expertise -Specialization Improve present position by allegiance – Expansion Broaden offering to market – Diversification To strengthen market position – Competitive advantage For business continuity – Sustainability Companies need to remain viable and even dominant in their given markets. A great example is Coca-Cola and Pepsi. Both brands have managed over decades to rotate at number one and two positions in beverages worldwide for decades. The boardroom and local markets have seen some incredible negotiation tactics as their rivalry is legend! Negotiation with people and leveraging relationships in negotiations have made the difference in international presence! Tip Negotiations take place for a reason. Understanding why  can change ...

The View From My Week Blogging

"Make the best of your opportunities when you see them!" Opportunities are not hidden from us. They are there waiting to be discovered and we just have to be ready to find them. The world sends us adventure disguised as challenges so being intuitive and a risk taker helps. It is a process of awareness 'discovering opportunities' and can be quite rewarding when found! This week D-Wordslayer  continued with two minute daily tips to help focus on an essential part of any business- Customer Service. Getting the tips to be relevant to a wide spectrum of industries and people was interesting. Tapping into my seemingly  limitless box of experiences was the biggest challenge. Nothing went as planned but everything was better than expected. When the unexpected happened  I was not  ready, and not consistent with timeliness. My daily posts went out late, because the artwork was not ready on one day and I did some substituting. The final review before publishing most da...

LET’S TALK.. COMPETITION!

Being the best You to win! Competition is the other people , who want to be better than you at what you do. Maybe they are – so let’s keep it real and focus on improving our position in our chosen field or market! The road to being ahead of the rest means giving more than expected continuously. Or to say it differently – doing it so well no one wants to look around! What makes you different?  What makes your company, its products & services different? These are questions we should be able to understand and have a response for. The ability to stand out in a crowd can help attract attention to you  – both positive and negative reactions. Let’s be real ; if the competition has positioned their product on price maybe they will attract an initial big audience. If quality, service, accessibility and reputation can back them up, you have to find an area of uniqueness to gain your own market share. It’s a lot easier when the competition is not great at anything – but do y...