The Art of Making a Deal Online

Written by jacquelynrose on February 10th, 2008

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After spending quite a few years online, you tend to learn a few things about the internet- such as marketing, networking, and of course, making money. I have done my fair share of it all. My favorite activity, believe it or not, is making deals with people online. Why do I enjoy it? Well, who doesn’t love to negotiate? Haggling is a great way for both parties to get what they want under their own terms and standards. One of the best aspects of negotiating is that you do not have to be wealthy in order to get what you want; you simply need to drive a good bargain.

Although it can be fun, there are some rules to making the deal. Let’s face it- you may not know who is on the other side of the computer screen. You need to watch out for scammers, liars, and crooks. Unfortunately, I have had my fair share of dealings with these folks. I’m sure that I’m not alone in loving to negotiate and barter for goods and services. So, I’d like to take a minute to share some tips based on my own experiences with any like-minded individuals out there. When you want to conduct a deal, you should:

1) If you want to strike a deal with someone you met in an online community, the first step is to check their status within that community. Even if you’re a little familiar with the person, it’s also best to seek out some objective opinions before making your final decision. If you have never met this individual before, then ask them for some references; an honest person won’t mind taking a few steps to reassure you.

2) Get to know the person you are interesting in making a deal with. Visit their website or blog. Comment and contact them if you have any questions with anything that they are currently doing. Research is the key to forming an opinion of this individual; remember, you may want to conduct business with them again in the future.

3) Nobody wants to get the short end of the stick, so make sure that your deal is fair for all parties involved. Do not ask for too much and make sure you offer something just as valuable in return. I always make sure that I have something to offer someone, even if they do not want anything in return. It’s all about playing fair and sharing. If you can do both, then not only will they want to work with you again, but it will also leave them with a positive impression of you. They will remember you as being trustworthy and for caring about the person that you are negotiating with.

4) Sometimes, it’s easy to get caught up in the moment and jump the gun. Before you contact another party with your proposal, make a checklist so that you won’t forget any pertinent details. You’ll want to let this person know who you are, a little bit about your background, what you’re looking for, and what you are able to offer in return. Once you’ve reached out to this person, don’t pester them for a response. Wait a suitable amount of time before attempting a follow up. Nobody likes to feel harassed; it can definitely ruin any potential deal.

All kinds of people make deals online and everyday: Internet Marketers and Affiliate Marketers have Joint Ventures, Bloggers ask for Reviews and Guest Posting, and even Work At Home Moms trade products or services. Just remember to keep it honest and fair in the process. Not only will you build a new relationship, but it will be win-win for you both.
Jackie
http://www.jackiesbizblog.com

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10 Comments »

Comment by Mike Huang
2008-02-10 19:50:04

Great post Jacquelyn!

-Mike

 
Comment by Jason Boom
2008-02-11 00:51:23

Nice post! I’ve found being fair is the best policy. :)

 
Comment by Stock Exchange News
2008-02-11 01:21:27

Thank you for this post. Really informative. Art and science of deal online.

 
Comment by Ninja Steve
2008-02-12 21:55:28

Not meaning to be the party pooper, but I wish that you had taken us through a good example there Jacquelyn. Reason being that this type of information is pertinent to me at the moment, as I’m in the process of starting an online business.

 
Comment by segun
2008-02-14 18:39:21

Great post, highly informative

 
Comment by Syed Balkhi
2008-02-19 11:40:42

thanks for the nice information. It does require alot of experience to acquire this knowledge. Thanks for sharing with us.

 
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