Turning Low Offers into High Gains (Negotiation Masterclass)
? Faced with a lowball offer and unsure how to respond? Discover Chris Do’s effective counteroffer strategy: propose a pay-for-performance deal to your clients! ?
➡️ Following up on a viral role-play session, we're unpacking the strategy behind the negotiation tactics: https://youtube.com/shorts/C6IxevS4zwc?si=FYcgEh4sZUqWuRDb
Chris Do strategically introduces a counteroffer that could change the game: a performance-based payment model. This session is perfect for those seeking to understand how to respond to lowball offers by proposing terms that benefit both parties. Learn how to turn a lowball offer into an opportunity by suggesting a compensation model that aligns payment with the results delivered. This approach minimizes client risk and incentivizes your success.
What You'll Learn:
? The mechanics of performance-based compensation: why it works.
? Setting measurable outcomes to ensure clarity and fairness.
? Techniques for transforming hesitant inquiries into enthusiastic partnerships.
? Navigating client negotiations with tact and foresight.
? Balancing risk and reward to secure your worth, while catering to client budgets.
✏️ In this Episode:
00:00 - Intro
00:30 - Negotiation Key Concepts
06:22 - Lifetime Customer Value
10:46 - Cost Per Acquisition
16:20 - Choosing the Right Clients
19:32 - Sales Rep Investment
26:31 - No Risk, No Reward
39:52 - The Real Cost of Guaranteed Results
45:32 - Identifying High-Value Clients
46:19 - Case Study
51:09 - Conclusion
52:15 - Outro
Ideal for freelancers, agency owners, and entrepreneurs, this video will empower viewers to shift the dynamics of any negotiation, ensuring they are compensated fairly while also addressing client concerns about budget and risk.
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#businessstrategy #businessgrowth #negotiations
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Host: Chris Do (Bald Asian Guy Talks About Business)
Cinematographers/Editors: @RodrigoTasca