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Tip 13: Agree on an Exit Plan during the Negotiation Phase. Pre-nups are exit plans. You should look at it as an essential element of your negotiation and design phase. There is often a debate if this plan needs to be part of the businessplan or the alliance contract.
This is the complete, seven-step structured alliance process as described by ASAP: Step 1: Alliance-specific strategy Step 2: Analysis and selection Step 3: Building trust and value creating negotiation Step 4: Operational planning Step 5: Alliance structuring and governance Step 6: Launching and management Step 7: Transform, innovate and exit.
It generally includes a businessplan outlining the target audience, marketing plan, and sales strategy. They show this through digital behavior like downloading an ebook or joining a webinar. Business case: The prospect tests the product through a free trial or POC to see if it can solve their needs.
For customers outside the green band, the conditions given here are too large concerning revenues and the sales team should negotiate. Reconstruct the conditions that arrived at the price level and analyse where you can re-negotiate. Download the free eBook now. Help me to build a Price Corridor with Pricing Analytics.
I will publish my ebook “25 tips for successful Partnerships and Alliances” in parts here on my website. If you prefer to read the tips in the ebook faster rather than wait a full year then click here to purchase your own copy of the book. Build and maintain your businessplan from the early stages on.
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