The Negotiator's Toolkit: From Fees to Exclusive Mandates
Webinar Structure:
The Negotiator's Toolkit : Achieving Better Outcomes - From Fees to Exclusive Mandates
Event Details:
Date: 31st Jan 2025
Time: 11am-1pm
Target Audience: MDs, Founders, Owners of Recruitment Firms
Panelists:
Panelist 1 – Recruitment Industry Expert
Panelist 2 – Negotiation Specialist
Panelist 3 – Business Consultant for Recruitment Firms
TakeAway : Actionable negotiation strategies to improve client agreements, secure exclusive mandates, and enhance their recruitment business profitability.
Agenda Overview:
1. Welcome & Introduction (5 Minutes)
Host/Moderator: [Will Be Announced ]
Brief overview of the agenda, purpose of the webinar, and introduction of panelists.
2. Why People Fail to Negotiate Effectively (15 Minutes)
Panelist Name : Domain Expert Name
Discuss common reasons for negotiation failures:
Lack of confidence
Fear of losing clients
Inadequate preparation
Misunderstanding client needs
Over-committing or compromising too early
Key Takeaways:
Understand the barriers to successful negotiation.
Learn why it’s crucial to stand firm on your terms.
3. Positioning Yourself to Negotiate on Your Terms (15 Minutes)
Panelist Name : Domain Expert Name
Building credibility through:
Showcasing results and success stories
Demonstrating industry knowledge
Client testimonials and case studies
Key Takeaways:
How to make your business indispensable to clients.
How to build trust and highlight your unique value to secure better terms.
4. Pain Points and Negotiation Tactics (4 Key Areas)
This segment will cover each of the 5 negotiation points that recruitment firms face, with actionable insights.
4.1. Negotiating Professional Fees from 8% to 10% (20 Minutes)
Panelist Name : Domain Expert Name
How to justify higher fees:
Benchmarking against industry standards
Demonstrating ROI
Showing value-add services
Key Takeaways:
Strategies to make clients see your worth and agree to higher fees.
4.2. Reducing Free Replacement Period from 6 Months to 2 Months (20 Minutes)
Panelist Name : Domain Expert Name
How to set clear expectations with clients:
Positioning replacement policies as part of risk management
Reinforcing the quality of your recruitment process
Using case studies of successful placements
Key Takeaways:
Convincing clients that shorter replacement periods reflect quality over quantity.
4.3. Shortening Payment Terms from 90 Days to 30 Days (20 Minutes)
Panelist Name : Domain Expert Name
Negotiation tips for faster payments:
Offering incentives for quicker payments (e.g., early payment discounts)
Structuring payment schedules that align with your business needs
Key Takeaways:
Balancing client expectations with your firm’s cash flow.
4.4. Extending CV Validity from 6 Months to 12 Months (20 Minutes)
Panelist Name : Domain Expert Name
Negotiating for longer candidate validity:
Showcasing candidate retention rates
Highlighting market trends and challenges
Crafting clear terms in contracts
Key Takeaways:
How to negotiate terms that benefit both your firm and your clients.
4.5. Negotiating Exclusive Mandates for Entry, Middle, and Senior Management to C-Suite Searches (20 Minutes)
Panelist Name : Domain Expert Name
Securing exclusive mandates for different management levels:
Demonstrating expertise at each management level
Building trust with clients by delivering targeted, high-quality candidates
Showcasing value through faster, more precise recruitment processes
Key Takeaways:
Learn how to negotiate for exclusive mandates and differentiate your service at every stage—whether entry, middle, senior management, or CXO-level search.
5. Q&A Session (10 Minutes)
Open the floor for participants to ask questions related to negotiation strategies and specific challenges they face.
Closing Remarks (5 Minutes)
Host/Moderator: [Insert Name]
Summarize key points and thank the panelists and attendees.
Encourage participants to implement these strategies in their next negotiation.
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