Negotiate price

Description

Arrange an agreement on price of products or services provided or offered.

Alternative labels

negotiate the price
agree on prices
discuss prices

Skill type

skill/competence

Skill reusability level

cross-sector

Relationships with occupations

Essential skill

Negotiate price is an essential skill of the following occupations:

Green coffee buyer: Green coffee buyers purchase green coffee beans from producers all around the world commissioned by coffee roasters. They have a deep knowledge of the process of coffee from the fruit to the cup.

Sales account manager: Sales account managers serve as intermediators between clients and the organisation, managing both sales and long term relations with the client. They have knowledge about products and services and develop contracts with customers.
Tourism contract negotiator: Tourism contract negotiators negotiate tourism-related contracts between a tour operator and tourism service providers.
Hospitality entertainment manager: Hospitality entertainment managers are in charge of managing the team which creates entertainment activities for the guests of a hospitality establishment.
Location manager: Location managers are responsible for procuring locations for filming outside of the studio and all the logistics this includes. They negotiate site use, and manage and maintain the site during shooting. Location managers manage the safety and security of the film crew on site.
Shipbroker: Shipbrokers act as intermediaries between buyers and sellers of ships, cargospace on ships and charter ships for the transfer of cargo. They inform clients on the shipping market mechanisms and movements, report on vessel and cargospace prices and sales, and negotiate not only the cost of the vessels, cargospace or cargo but also the logistical requirements for the transfer of the vessel or commodity cargo to the buyers.
Door to door seller: Door to door sellers sell goods and services door to door.
Hawker: Hawkers sell goods and services on established routes, street and market locations.
Timber trader: Timber traders assess the quality, quantity and market value of timber and timber products for trade. They organise the selling process of new timber and purchase stocks of timber.

Optional skill

Negotiate price is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.

Baker: Bakers make a wide range of breads, pastries, and other baked goods. They follow all the processes from receipt and storage of raw materials, preparation of raw materials for bread-making, measurement and mixing of ingredients into dough and proof. They tend ovens to bake products to an adequate temperature and time.

Commodity broker:
Commodity brokers act as intermediary between buyers and sellers of movable and immovable property such as raw materials, livestock or real estate. They negotiate prices and receive a commission from the transactions. They research market conditions for specific commodities in order to inform their clients. They make bid offers and calculate the cost of transactions.
Forwarding manager: Forwarding managers plan and organise cargo shipments within national and international areas. They communicate with carriers and negotiate the best way to send the cargo to its destination which can be a single customer or a point of distribution. Forwarding managers act as experts in supply chain management. They know and apply the rules and regulations for each specific type of cargo and communicate the conditions and costs to the clients.
Equine yard manager: Equine yard managers are responsible for the day to day running of the yard including managing staff, care of the horses, all aspects of health and safety and dealing with clients and owners.
Specialised goods distribution manager: Specialised goods distribution managers plan, coordinate and manage the distribution of specialised goods to various points of sales. They oversee employees and ensure that operations run efficiently such as the storage, transportation and delivery of specialised goods.
Lumber grader: Lumber graders inspect lumber, or wood cut into planks. They test the lumber, look for irregularities and grade the wood based on quality and desirability of the pattern.
Market vendor: Market vendors sell products such as fruit, vegetables and household products on organised outdoor or indoor market places. They use sales techniques to recommend their goods to passersby.
Commodity trader: Commodity traders use negotiation techniques to sell and buy physical goods and raw materials such as gold, cattle, oil, cotton and wheat on the trading floor. They receive and implement purchasing and selling instructions and negotiate the terms of sale and delivery of commodities. Commodity traders do research about market conditions of specific commodities, their price trends and demand in order to inform their employers, they make bid offers and calculate the cost of transactions.
Street food vendor: Street food vendors sell food preparations, dishes and products on organised outdoor or indoor market places, or on the streets. They prepare the food in their stalls. Street food vendors use sales techniques to recommend their products to passers-by.

 


 

References

  1. Negotiate price – ESCO

 

Last updated on September 20, 2022