article thumbnail

3 Tips for Responding to the Inevitable ‘Your Price Is Too High’ Rejection

Success

Your price is too high,” the prospect says. Or perhaps they tell you, “Your competitor has a much lower price.” These objections make you squirm not only because a price cut reduces your profit, but also because a concession would make it difficult, if not impossible, to provide products and services at your typical high standard.

Expenses 205
article thumbnail

Why The Fed Is Worried About Growing Wage Expectations

Allwork

Despite the Fed’s interest rate hikes making moves to cool inflation, consumers are still eager for higher wages in order to regain purchasing power. However, this could lead to the unwanted wage-price spiral, in which wages grow due to price increases, and prices increase due to higher wages. .

Salary 278
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Elon Musk Faces Lawsuit Claiming Stock Manipulation

Allwork

“Musk proceeded to make statements, send tweets, and engage in conduct designed to create doubt about the deal and drive Twitter’s stock down substantially in order to create leverage that Musk hoped to use to either back out of the purchase or re-negotiate the buyout price,” the complaint reads. .

article thumbnail

Elon Musk Says “Twitter Deal Temporarily On Hold”

Allwork

The Street will view this deal as 1) likely falling apart, 2) Musk negotiating for a lower deal price, or 3) Musk simply walking away from the deal with a $1 billion breakup fee,” said Dan Ives, tech analyst at Wedbush Securities. Murmurs of Musk walking away from the deal have emerged in recent weeks.

Twitter 246
article thumbnail

Trust Me on This: Building a Business Clients Love

Tips From T. Marie

Why Trust Is Non-Negotiable Imagine going on a first date and your companion spends the entire time on their phone. According to a PwC survey, 87% of consumers stated that trust is a deciding factor in their purchasing decisions. Doesn’t exactly scream “trustworthy,” does it? Let’s break it down: 1.

article thumbnail

2023 Financial Forecast: How to Prepare for the Year Ahead

Success

The rate of inflation, or measure of price increases, hit the highest level in more than 40 years in 2022. If you’ve found yourself grumbling about higher prices, your days of grumbling may not be over quite yet. In turn, that could mean workers have less bargaining power in negotiating things like raises, he adds.

2023 299
article thumbnail

How to Create Strategic Partnerships

Success

When a client comes to me and asks for a service outside my area of focus, I refer them to one of my partners, with whom I have a pre-negotiated referral fee. We agreed to sell C4’s product for the manufacturer’s suggested retail price and cross-promote the two companies’ products by discounting our goods.

2012 234