Time
There are all kinds of factors that can be considered. Think of the timing of delivery. further shipment . progress reports, closing dates, deadlines. Think through the elements of your own sale or purchase and use those elements to advantage
A number of my clients run subscription-based services, where the contract is an annual membership fee. It is quite costly to renew these customers each year and there are some genuine savings if a customer will agree to a two- or three-year contract. It makes sense to offer something for those extended agreements when necessary.
Another variation is offered by the Marketing Guild which has a nominal annual membership fee payable by direct debit on till forbid' basis. If you will sign up on a standing order at one of the public events, they will refund the entire cost of that day's event.
A useful way to probe for a concession is to say, 'We will accept your figure if you make it a three-year contract instead: or, 'We will agree your figure if you agree to a six-monthly implementation review.
When you are in buying mode, think through some variables that you could beneficially use. If you know you need the product or service for three or more years, why not suggest, We could pay you what you are asking but not quite yet. What we could do is pay 90 per cent of your asking price this year, 95 per cent next year and your current quoted price in year three. If that was acceptable, we could sign a three-year contract subject to conditions
Time There are all kinds of factors that can be considered. Think of the timing of delivery. further shipment . progress reports, closing dates, deadlines. Think through the elements of your own sale or purchase and use those elements to advantage A number of my clients run subscription-based services, where the contract is an annual membership fee. It is quite costly to renew these customers each year and there are some genuine savings if a customer will agree to a two- or three-year contract. It makes sense to offer something for those extended agreements when necessary. Another variation is offered by the Marketing Guild which has a nominal annual membership fee payable by direct debit on till forbid' basis. If you will sign up on a standing order at one of the public events, they will refund the entire cost of that day's event. A useful way to probe for a concession is to say, 'We will accept your figure if you make it a three-year contract instead: or, 'We will agree your figure if you agree to a six-monthly implementation review. When you are in buying mode, think through some variables that you could beneficially use. If you know you need the product or service for three or more years, why not suggest, We could pay you what you are asking but not quite yet. What we could do is pay 90 per cent of your asking price this year, 95 per cent next year and your current quoted price in year three. If that was acceptable, we could sign a three-year contract subject to conditions
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