Sales Negotiations in Professional Service Firms
An Exploratory Study on Agenda Setting and Issue Management
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Beschreibung
This research study brings theoretical insights on real-life negotiations in sales of professional services in Spain and Germany. From the interview data obtained through an exploratory study based on a grounded theory approach, several factors that affect and determine agenda setting and issue management have emerged. It has been spotted that industry standards rather than negotiation strategy determine agenda setting and that issues about content are usually agreed on before negotiating price and bureaucratic conditions, being the degree of "productization" of Professional Service Firms a variable that needs to be taken into account. Moreover, a pattern has been found in sales negotiations of consulting companies dealing with client companies with an organized purchasing department, which has been labeled as "multi-party sequential negotiation model".
Contents
- Agenda setting
- Issue management
- Multi-party sequential negotiation
- Productization of Professional Services
Target Groups
- Researchers and students in the field of business management andnegotiation
- Professional Service Firms' decision makers, Sales Managers, Purchasing Managers and professionals dealing with negotiations
The Author
Mireia Prat studied Business Management at Universitat Pompeu Fabra of Barcelona, and obtained her Master of Science degree in Management and Marketing at Freie Universität of Berlin.
This research study brings theoretical insights on real-life negotiations in sales of professional services in Spain and Germany. From the interview data obtained through an exploratory study based on a grounded theory approach, several factors that affect and determine agenda setting and issue management have emerged. It has been spotted that industry standards rather than negotiation strategy determine agenda setting and that issues about content are usually agreed on before negotiating price and bureaucratic conditions, being the degree of "productization" of Professional Service Firms a variable that needs to be taken into account. Moreover, a pattern has been found in sales negotiations of consulting companies dealing with client companies with an organized purchasing department, which has been labeled as "multi-party sequential negotiation model".
Study in the field of economic sciences Includes supplementary material: sn.pub/extras
Autor*in
Mireia Prat
Themen in »Sales Negotiations in Professional Service Firms«
Agenda Setting Issue Management Multi-party sequential negotiation Negotiation Professional Service Firm