Effective Business Presentation Using Multimedia Hardware Equipment

May 28 2023 Published by admin under Uncategorized

Are you planning to replace your old multimedia equipment? Are you looking for ways to improve your industrial productivity and to enhance office operations? Are you searching for ways to change your business presentations? Are you planning to buy new equipment for the conference room? If so, you can select from variety of technological innovations that suit your budget, your needs, your preferences and you lifestyles.

Technological innovations become the byword of everyone in the world attributed to its benefits to companies, households, schools and individuals like you. It revolutionizes the lives of both companies and consumers by lowering the prices of goods and services and providing easy access to information.

Multimedia equipment is one of the myriad technological innovations in the market. Equipment like projectors, flat screen plasma television and touch screen television and monitors not only help employees and students in their school and business presentations, but it also serve as a medium in advertising and marketing products and services of companies. It also aids journalists in delivering quality news to the public.

Regardless of the venue of multimedia business presentations, either in a boardroom or classroom, you can have a unique and effective presentation using user friendly applications. Knowing how to use and integrate these applications help you obtain a successful presentation.

Tips to consider in business presentations:

  • You should allocate enough time to prepare all the things needed in your presentation. Make sure that you arrive earlier than the scheduled time.
  • Assess first who are your audience, the purpose of the presentation. When you use PowerPoint slides, avoid integrating background music because it affect your discussion. Avoid talking over videos, instead give your discussion before or after the video.
  • Use graphics, photographs, charts and graphs to your presentation. These visual makes your presentation unique and original. It also enhances the overall issues and message that you want to impart to your audience.
  • When using a slide, use a blank slide or a simple slide containing a logo as a background visual for parts without audio or visual components. In this way, you can prevent your audience to continue watching the slide show.
  • Timing is vital in every presentation. In a PowerPoint presentation, use manual transition instead of automated to give you control to when you advance to the next part or your topic. It also gives more time for the audience to raise questions and to keep them engaged.
  • It is important that you choose the right equipment for the task, like projectors, computers, flat screen monitors and many more. Before the scheduled presentation, double-check with facility operators to know the availability of the equipment and to evaluate if all of them are properly functioning and without complications. You should also use wireless equipment if possible, like laser pointer or wireless computer mouse. Never forget to keep your presentation space organize.
  • Allocate time to practice your presentation before your schedule. During the event, make it a point to establish eye contact with your audience and speak clearly. If you are nervous, take a long deep breath to remove the tension.

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How to Organize Your Presentation and Make Your Point

May 27 2023 Published by admin under Uncategorized

How you choose to organize your presentation has a major impact upon your success as a presenter. It’s true that there’s more to it than preparing a PowerPoint slide deck. But organizing your presentation doesn’t have to be hard work.
You can begin by building a purpose for your presentation. Your purpose might serve one or several of the following aims:

  • Entertain
  • Inform
  • Inspire
  • Motivate
  • Persuade
  • Advocate

In each instance you should note the impact your presentation will have on your audience. Take some time to consider how your audience will feel about the subject after your presentation. Ponder what their views will be once you have finished. Think about how their knowledge might be enhanced by your presentation. And, if you are successful, think about what actions they will take following your presentation.

Now you should consider the points you want to make. Inevitably there will be several. Write down all of them. Once you have listed them all, you have the chance to rationalize the list.
Aim for three good points in your presentation. At a pinch you might succeed with four or five. But any more points will not be remembered by your audience so it’s best to plan for brevity.

Aim to delete some points, edit them or aggregate them. Some of the points on your list might be better used to illustrate or support more powerful points. And others might be turned into examples, vignettes or stories. However you organize them it’s best to remember that each point should be self-standing, powerful and memorable. Each point should serve the purpose of your presentation and bring relevance.

Your three main points provide the basis for your presentation — its theme or thesis. Writing down the presentation thesis, the central argument, is useful for the next stage. And, of course, it’s invaluable when you want to promote your presentation beforehand. There are three easy ways to organize your points.

  • Time Line. A chronological order to your points might be appropriate. Using a rigid time line works with a strong story but it isn’t always the best option for a presentation. You could reverse the time line. Or you might want to mix it further. Painting a vision of the future and then detailing the steps needed to get from here to there might be appropriate. If you do mix up the chronological order, aim to explain each step very clearly.
  • Tell them. You might adopt the simplest of techniques in which you tell the audience what you intend to tell them. Then you tell them. And then you tell them what you have just told them. It’s neat and simple and it includes plenty of repetition of the main points. Probably ideal for internal events, it might be overly simple for external presentations.
  • Problem, cause, solution. In its simplest form this organizing method highlights a problem or issue. It addresses its cause. And it presents a solution. In reality the problem typically has more than one facet. The cause has more than one dimension. And there are many solutions. But the problem, cause, solution approach provides ample scope for more detailed consideration of your three main points and their supporting evidence.

Whichever option you choose, a well-organized presentation has a better chance of success. And a well-organized presenter is also more likely to be successful. With well-structured points and a coherent central argument your presentation will be understood by your audience. And, importantly, it will be remembered.

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Amazing PowerPoint Presentation Design Ideas

May 27 2023 Published by admin under Uncategorized

Good presentation needs design skills, technical knowledge and personal style. Irrespective of your topic, designing effective PowerPoint Presentations that can engage your audience need a lot of practice and skill. You need to have a command over PowerPoint design tools, keen attention to the presentation processes, and display consistent style.

How to create good PowerPoint presentation designs

Create your own design for slides:

Think deeply whether you really want the custom PPT template which is boring for presentation. Skip them as they are overly used and unattractive. Create clean presentations with ideas that are new and fresh. Keep it simple with plenty of white space. Do not feel compelled to fill the empty areas with unnecessary graphics.

Limit use of bullets:

Bullets spoil the presentation. Limit its use. Do not fill the slides with too much of text and bullet points. Sometimes, the best slides do not have a text at all. Visuals do the talking.

Pay attention to less text:

Do not use more that 6 lines in your slides. Too much information can become harder on your audience. They will not be able to retain all that you say.

Try to share one idea with one slide:

Audiences will not remember all the points that you mention on the slide. But they will remember the points of good slides. Use each slide to tell them your story.

Use of fonts:

Let your fonts be readable. Size the fonts appropriately so that audience seated at the back too can easily read. Stick to traditional Helvetica for body text than serif.

Make your message pop up:

This can be possible by creating bold contrast between text and background. Use contrasting colors in your content to draw attention. Otherwise, it is easy to miss your point.

Limit your designs:

For a good presentation, use a single image with visual appeal in a slide than many. It can have minimal text or no text at all. Use powerful visuals to create an emotional response and to support your message. Eschew distracting transitions and spend time in a slide sorter as the audience will comprehend better when information is presented in a logical flow and in small segments.

Professional PowerPoint Templates

You can download professional PowerPoint Templates and save hours of work. There are several hundreds of such templates to match your content. You can create your own presentation with professional PowerPoint Templates in minutes. For corporate branding, you can choose company presentation template that helps you present the details of your company in clear and customizable slides. It will share your company`s story in a simple and powerful way with line graphs, timelines, map for market penetration. These slides can be easily edited and filled with personal data. Icons can be moved, colors changed and fonts resized. With professional PowerPoint marketing templates, you can communicate your business plan to your audience with slide layouts that cover your product, price, and ways of promotion in targeted locations. It will have infographics explaining social media metrics, customers, market analysis and other key statistics. With graphs and charts, all your raw data will transform into clear visuals in the well-structured slides.

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10 Proven Negotiation Tips in Business – Best Business Negotiation Techniques

May 23 2023 Published by admin under Uncategorized

If you want to be a good business person, you have to know how to negotiate. There are a number of ways to do this, but a lot of people end up failing miserably with their attempts. To avoid falling into some of the traps of negotiating, follow the strategies listed below.

1 – Know Your Points ahead of Time
You need to think about your points of debate ahead of time. Make a list of your argument’s biggest features and keep them in mind at all times.

2 – Plan Your Approach
Figure out if it would be better to come across as the good guy or as the interrogator. The difference between the soft and hard approach will greatly impact how well the negotiation will turn out.

3 – Focus on Your Strong Points
From the points you made in tip one, form a plan that focuses around your best arguments. Bring them up at the beginning and work others in for support.

4 – Kindly Point out Their Faults
If there are noticeable faults in the competition, figure out what they are early on. Then bring them up in a way that makes you look knowledgeable, not mean.

5 – Stay on Track
A lot of people will try to change the subject in the midst of a negotiation. If you fear that things are going off track, refocus to the topic at hand.

6 – Keep Emotions at Bay
Don’t let your emotions get to you. Think of this as a purely business ordeal. If you get too riled up, you’ll only make yourself and your case look a lot worse.

7 – Remain Calm
Always keep your cool when you’re trying to make a point. Negotiations are frustrating, but you can get over that if you are strong enough to remain calm. Let your opponent be the one who blows up.

8 – Acknowledge the Other Side
Make sure that you do show respect to the other side’s point. You can’t go in without having the ability to make adjustments. You will never win if you aren’t willing to concede in some regards.

9 – Find a Compromise
Once you figure out what will work well from the other side, suggest a compromise that is mutually beneficial. Negotiate terms that work in your main points, as well as the comparable ones form the other side.

10 – Accept the Results
Once you have a compromise, accept it. Complaining will only make future negotiations worse.

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Car Negotiating – Three Verbal Tricks Dealerships Use To Get More Money Out Of You

May 22 2023 Published by admin under Uncategorized

This is extremely stressful. What most people don’t realize however, is that “the grind” you go through is a tactic dealerships use, on purpose, to maximize profit from you!

As an ex-car salesperson (or is it a reformed car salesperson?) in Phoenix, I know the verbal tactics dealerships use during the car negotiating process to create confusion and diversion – designed to get you to say “yes” to buying that shiny new vehicle for the absolute most they can get out of you!

Here are the three most common verbal tricks salespeople use during car negotiating to confuse you and maximize their profit.

Verbal Trick #1 – “If I Could Get This Vehicle In Your Price Range”

Phrases like this are better known as giving you “hope for gain.” You hope that the price is right. You hope the payments fit your budget. Whatever your trigger is, the salespersons job is to focus in on that and give you hope that it can be achieved.

For instance:

Good news! You’re looking over the lot and you see the perfect truck. It’s low miles and clean inside and out. Bad news! It’s about $2,000 more than you’re budgeted for. The salesperson sees that you’re in love with this truck, so they ask, “if I could get this truck around the price you want would you buy it today?”

Naturally you think that the salesperson is offering to discount the vehicle. But pay attention to the words, “if I could.” A promise was NEVER made to discount the truck. In fact, nothing has been promised at all! You were given hope that the truck will be discounted to fit your budget, but never actually promised anything. And this is before any car negotiating has truly begun!

How To Counter This:

First – Know what make, model, year, etc. you are looking for and basic prices by shopping online first. Better yet, work through one lender and a trusted dealership. Get the vehicle you want without having to shop all over town. If you’re looking for a used car know the approximate resale values by looking in Auto Trader or at dealerships inventory online.

Just keep in mind – if one dealership is advertising a particular used vehicle for thousands less than their competitors there is probably something wrong with the vehicle! It’s either really scratched up, has high miles, or has had a hard life prior to trade-in. This is the ONE vehicle to avoid!

Second – Get pre-approved! This way you will know your budget and the salesperson won’t be able to convince you to purchase a higher priced vehicle.

Third – DO NOT walk on a car lot assuming that the dealership will come down by $3,000 or $4,000 dollars during the car negotiating. Most cars today are not marked up that much. Ask for a discount of $1,000 to $2,000 and you should get it. This will leave $500 to $1,000 profit for the dealership (that’s reasonable) and you’ll get a good vehicle for a fair price.

Verbal Trick #2 – “If I Can Get Your Payments Around Where You Want Them Will You Buy Today?

This “hope for gain” tactic usually happens during the second or third pass in the car negotiating process.

For example: You are budgeted for $500 payments and tell the salesperson that up front (bad move by the way. Discuss payments LAST not FIRST when car negotiating).

The salesperson presents you with payments at $750 a month. You tell him that you can’t afford the car at that payment and reiterate your $500 budget. If you hold your ground during one or two more passes attempts to bump you by the salesperson they will usually ask, “If I can get your payments around where you want them will you buy this vehicle today?”

Once again, listen to the words. A promise is NOT being made to get your payment exactly where you want it. Any good salesperson will tell you that the term “around” means $50 to $100 a month higher than you are asking for in payments!

How To Counter This:

First – Get pre-approved! Then crunch the numbers and see how much vehicle you can purchase to fit the payments you want BEFORE you go shopping. Why? Because by shifting interest rates or stretching payments the dealership can usually get within range of what you want for payments without discounting (or minimally discounting) the vehicle.

Second – During the car negotiating process take each element of the sale piece-by-piece. Get them to agree to a purchase price FIRST. Then a trade-in value and finally lock in the payments – which should be easy if you are pre-approved.

Third – Never talk about payments until the very end of the car negotiating process. If a salesperson asks you “how much you were hoping your payments to be?” don’t answer them. Just keep focused on the price of the vehicle. By diverting you to payments the salesperson can take your focus OFF how much they are charging you for the vehicle, the REAL value of your trade-in and the interest rate they are charging. Through interest rate manipulation, stretching payments or talking you into more money down they can reap a larger profit for themselves!

Verbal Trick #3 – We’ll Pay Off Your Trade!

The final hope for gain tactic during car negotiating goes something like this: “OK. Mr. or Mrs. Smith. Here’s the price of the car, and with your trade-in, tax and documentation fees, paying off your trade, your payment is $700 a month.”

Often you hear this phrase “paying off your trade” used in advertising. “Bring in your car – no matter what you owe – and we’ll pay it off!”

This word trick is designed to make you think the dealership is offering you exactly what you owe on your trade-in vehicle. No matter what it’s actually worth! So, with a subtle phrase they leave you with the impression that if you owe $14,000 on a car that’s worth $10,000 they will still give you $14,000 for it anyway.

Here’s what they are really saying: Your trade-in will be paid off, by using what they give you in trade, and rolling the remaining amount into your new car loan. When the money comes from the lender for your new vehicle, the dealership will “pay off your trade” by mailing them a check!

How To Counter This:

First -

Know what your trade in is worth. A simple visit to Kelley Blue Book or Edmunds will give you an approximate value of your trade-in. Keep in mind that these are estimates only and actual values may vary by market. But if during car negotiating the dealership is offering you thousands less than Kelley Blue Book says your vehicle is worth walk out of that dealership – fast!

Second -

Keep focused on the price of the car and the actual amount they are offering you for your trade while car negotiating. Instead of focusing on payments, which can be manipulated based on lowering the interest rate and stretching the payment out, negotiate on the price and real trade-in value.

Third -

Get pre-approved. This way you know exactly how much you can spend on a car and what your payments will be. It takes THEM out of the drivers seat and puts you in it!

So now you know the three most common verbal tricks that salespeople use to confuse you and take your focus off the price of the vehicle and the actual trade-in value of your car during car negotiating. Don’t be fooled by these word tricks! Listen to what they are saying and get everything in writing!

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Debt Negotiation

May 21 2023 Published by admin under Uncategorized

Debt Negotiation happens in two basic ways: by a professional, or by yourself.

Here are a few strategies the professionals use when handling a debt negotiation on your behalf.

In this discussion, we are only looking at “unsecured debts”, which includes credit cards or medical debts most commonly. It simply means any debt which has no collateral, such as a car loan, home loan, boat loan, etc.

Before you start any debt negotiation, you should expect that you’ll take a “hit” on your credit score. Any creditor who lent you money is not going to just let you get out of paying any less than the full balance and let you retain perfect credit.

That said, all credit automatically repairs itself when all future payments are made on time. In many cases someone can suffer credit damage from a debt negotiation and within two years, provided all future payments are made on time, have an excellent “A+” 730+ fico score.

In addition, many people confuse credit “Score” and credit “ability”. If you have a perfect 850 fico score, but do not qualify for more financing because you are carrying too much debt already relative to your income, then you have zero credit ability. Frankly, the creditors have worked hard to make you believe these are the same, so that you keep paying. If you are looking for debt negotatiation, you are probably carrying too much debt. If you’re willing to stop using your credit cards for a while and don’t plan to buy a home or car in the near future, then it may save you many thousands of dollars.

The most common strategy the professionals use is to stop making payments, and instead save the money up so that a single lump-sum payment can be offered.

In addition to this, a debt negotiation professional will also prepare a specially formatted letter containing a legitimate reason why you could afford the debt before, but cannot afford it any longer, and if things continue, it will end in bankruptcy or charge-off. This usually contains a factual story, referred to by professionals as a “hardship”. This can include medical events, loss of job or income, dramatic increase in expenses due to some sudden unforseen reason i.e. divorce or adjustable mortgage changes, or a natural disaster.

There are a few reasons why a debt negotiation professional can reach a better, lower debt negotiation settlement offer than you doing it yourself.

First, debt negotiation companies deal with thousands of clients at a time, so they’re able to reach higher up the chain of command. A consumer will usually reach a lower-level technician, who is not authorized much leeway for debt negotiation. An attorney or non-attorney professional can speak with a vice president because they are offering sometimes hundreds of thousands of dollars spread over many accounts based on certain status and net discount amount.

Second, debt negotiation companies know how to say and how to package what needs to be said, at the right time, to the right people.

Third a debt negotiation expert knows the system and averages for each company. A creditor has the legal right to sue you in court for non payment, which could result in a legal judgement, which can mean garnishment of wages directly from your employer, additional court fees, and more credit damage. A professional debt negotiation company can minimize the risk of being sued while still reaching a settlement around 42 cents on the dollar.

Last, because a debt negotiation company has either attorneys on staff, or non-attorney trained negotiators on staff (depending on your state’s laws, and your file), they know the creditor’s tricks. The credit card industry makes literally billions of dollars per year in profit, and they don’t make this by being nice. However nice the customer service representative may seem on the phone, they have one agenda: to get as much money from you as possible. Most typically, for anyone in a bit of debt trouble, the creditor will suggest “Credit Counseling”.

The dirty secret about credit counseling is that “Credit Counseling” was invented by the credit card companies. They want you to feel like they’re helping, but when you enroll in these programs, you’ll repay 100% of your debt plus interest, suffer credit damage, and they’ll often collect a monthly fee on top of it ($49 a month x 48 months, for example is $2,352 in fees, not including interest). They usually won’t tell you this, but they also get a 15% “fair share fee” from the credit card company, so the IRS has revoked the “non-profit” status of many of these companies.

Like plumbing, taxes, or fixing your computer, you can handle debt negotiation yourself, or you can hire a professional. Those willing to educate themselves to learn how to do it right can definitely save some money. That said, for the reasons stated above, often times the settlement amount offered on a debt negotiation you conduct yourself may not be as discounted as what a professional may get, and therefore the service in almost all cases pays for itself. For example, if you get offered $.80 on the dollar, but a professional gets $.42, then it’s actually cheaper even with the cost of service to have a debt negotiation service handle your case.

One dangerous byproduct of staying in debt is not having enough time to invest for retirement. Most people don’t know exactly how much money they’ll need to retire. Do you? The sooner you use debt negotiation to clear your debts, the sooner you can build your investments to ensure you can retire the way you want – instead of living your golden years as a burden on family, with lower standard of living, or working past retirement.

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The Role That Power Limits Play In Negotiations

May 20 2023 Published by admin under Uncategorized

In a negotiation, nobody is operating without constraints. We all have limitations on what we can and cannot do. It’s how we deal with these power limits that can have a big impact on the outcome of the negotiations. As negotiators, we need to understand that we are dealing with limits and then come up with ways to deal with them.

Time As A Power Limit

One of the most common limits that we will all run into during the course of a negotiation is time. It can be all too easy for us to judge ourselves based on how much time we have and how much time a negotiation is taking. We often judge ourselves much more harshly than anyone else does.

If we feel that we don’t have the amount of time that we believe that the negotiation will require to do properly, then time will be a real power limit for us. A great deal of this can be related back to the concept that “time is money” and the more time that we have invested in a negotiation, the more that we feel we have invested in a successful outcome. Taken together, we may find our options to be limited.

Money As A Power Limit

Another power limit in a negotiation is money. This all has to do with our ability to commit the amount of money that this particular opportunity is going to cost. Not having enough money to make a deal happen is what can cause money to act as a limit.

If during the negotiation you start to feel as though you are not going to have enough money to pull off a deal, then things start to happen. Specifically, you’ll discover that how you go about conducting your negotiations will start to change based on this belief.

In order to deal with this type of limit, you need to take action before the negotiations start. Your best bet is to take the time to discover what limitations the other side of the table are operating under. Once you know this, you can work it into your negotiation tactics and you’ll be able to overcome this limit.

What All Of This Means For You

In a negotiation, nobody has a free reign, We all operating under power limits. The key is to make sure that we understand what our limits are and find ways to deal with them.

One of the key limits that shows up in most negotiations is time. When we feel that we don’t have enough time to negotiate properly, we start to feel as though our options are limited. Additionally, money can also create a power limit in a negotiation. Taking the time to understand what limitations the other side has can help to equal things out.

Realizing that we are dealing with power limits is an important first step in dealing with them. Once we know what may be limiting our ability to successfully negotiate with the other side, we can start to take steps to deal with these power limits. Once we master them, we’ll find that we’re able to create better deals and do it faster.

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How To Obtain and Exercise More Control In Negotiations

May 20 2023 Published by admin under Uncategorized

Everyone seeks to obtain and exercise control in a negotiation. Thus, the more control you have and exercise it the more enhanced your negotiation efforts will be. Since all parties involved in a negotiation are attempting to exercise more control throughout the negotiation, obtaining control can be a dicey proposition.

This article explores how to obtain and exercise more control in your negotiations.

Obtaining Control:

Control in a negotiation is perceptional. Thus, both negotiators will presume they have some form of control at different stages of the negotiation. To assess the degree of control you have versus that which the opposing negotiator has, try to understand his mindset. Some people are more easily controlled than others, simply because they seek to be controlled. They want you to lead them. You can exploit that aspect of their negotiation mindset but be cautious not to project that you’re attempting to take advantage of such a person. If you’re negotiating with someone of that ilk, oblige, by leading them. Make sure that they’re not giving the appearance to be led for the purpose of having you disclose your game plan for the negotiation.

Another way to obtain control is to act human. Saying, I’m sorry to someone in the appropriate situation humanizes you. It also sends the subliminal signal that indicates you don’t think you’re so great that you can’t make a mistake. While saying you’re sorry can be beneficial in a negotiation, you must also be aware that it can give the opposing negotiator a mental boost if he thinks you’re weak in doing so. Thus, when controlling a situation you must be aware to what degree expressing your sorrow enhances or detracts from your negotiation position.

Exercising Control:

In exercising control in a negotiation, you have to understand the purpose for which you seek control. Identify the psychological reasoning behind your efforts. Question to what degree you may be seeking control to sooth or enhance your ego (i.e. even the score from a prior negotiation, positioning so as not to be taken advantage of, matching the style of the opposing negotiator, etc.) Seek any and all sources that may be motivating you. It’s very important to understand your own mindset that drives you to seek control. Understanding your mindset will give you a sense as to why you engage in certain actions during the negotiation. Assess the mindset of the opposing negotiator for the same reason.

Body language Signals:

When considering the validity of the body language emitted by the opposing negotiator, observe a softer voice tone from one that may have been used previously, possibly sitting/pulling back from the negotiation table, and/or a lowered head. Such body language signals will denote a subdued mindset. Be aware when such demeanor changes. That could signal the beginning of efforts to regain control.

There are a lot of moving pieces when seeking, obtaining, and exercising control in a negotiation. The more observant you are per the above insights, the more attuned you’ll be to signals that indicate when to seek control and how to validate it. In so doing, you’ll become a more consistent winning negotiator… and everything will be right with the world.

Remember, you’re always negotiating!

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