Tips to a Successful Business Transaction

Have the Best Deal for You and Your Customer
In the world of business, we all have to know the basic strategies and tactics going on in selling. Below are the most basic tactics and strategies of both service/product providers & customers happening in the phase of selling.
Review the prices of your competitors. This way, you will know how high or low you can go. If you are within the price range, just prove the quality of product or service you are offering.
The magic of smiling. Your customers become more pleasant while bargaining if they find you friendly and nice.
Treat your customers fairly. Respect is the major key in building professional relationship with your clients. Some clients haggle more but they might be the one to give you the best business deals in the future.
Sweet talk. Be courteous and friendly but firm. It is never a mistake to do sweet talks when selling but make sure you're not going over the limit.
Sense of Humor. Don't be too serious, make friends by making them laugh. You can always have the better deal as a friend.

Tips for Customers:
• Pretend disinterested. The supplier might realize the potential sales they about to lose.
• Foresee a possible long term business connection. Having to say that you're happy to have another deal in the future may give you a good discount.
• Request for a time to think about it. You might not get a good deal if you show too much interest in the product or services as the seller might think he's your only choice.
• Haggling is ok. Don't waste the supplier's time. Try not to haggle if you have no intentions of buying.
Tips for Providers:
• Emphasize on additional service rather than offering a discount.
• Always give a customer better price for bulk purchases. This will surely make your customers coming back to you regularly.
• Don't be afraid of dealing with installments. Just make sure to escalate the customer's financial capacity in paying the specific amount.