Sales Negotiation

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Sales Negotiation

Sales Negotiation
The case describes a schedule sales negotiation between an apparel manufacturing
company and a potential corporate client, SmartLook. An experienced salesperson is expected to
seal a deal with an executive group to place large orders for their apparel products. The case
reveals that the Apparel Company cannot deliver huge orders as likely to be the case for
SmartLook, which prefers placing large orders unless investment is made in the facilities.
Further to that, SmartLook prefers to “buy low” while ‘selling high’ is preferred by my company
but in small quantities. SmartLook teams is seeking to have bulk buying in the trial period of
two weeks after the terms have been agreed but the company capacity can deliver in a month’s
time and trial quantity is far below what the company is willing to accept. Given the case,
flexibility from both parties is vital in closing a sales deal.
The paper explores various ways for resolving the issues in order to strike a sales deal
with SmartLook team. The key components covered include the application of adaptive selling,
relevant negotiation principles, creation of value-added presentation, the contributions of various
departments in the company to build and sustain long term partnership, and relevant opportunity
management techniques.
Question 1: Adaptive selling in dealing with issues
In this strategy, the sales approach is customized to various factors such as including
customer needs and prevailing sales situation. In this case, research on customer and their needs
is essential guidelines to aid negotiation with SmartLook team. The issues mentioned in the case
can be addressed using adaptive selling strategy by customizing sales style to suit the nature and
behaviors of SmartLook team (Manning, Ahearne, Reece, & MacKenzie, 2015). The strategy
will require careful listening to their needs to form the basis of my customized presentation.