Report on Pitching and Negotiation Skills for Business Success

This report delves into the critical skills of pitching and negotiation, essential for business development and securing contracts. It begins by defining pitching and negotiation, highlighting their significance in launching new products and services. The report explores the development of effective pitches, emphasizing the importance of purpose and content in attracting customers. It examines the positive outcomes of successful pitches, such as gaining competitive advantages and fulfilling obligations through appropriate treatment of stakeholders. The report references academic sources to support its findings, concluding that mastering pitching and negotiation is key to achieving business goals. The report provides an overview of the negotiation process, its importance, and key stakeholders within the context of Walmart. The report aims to highlight the concept of pitching and negotiation within Walmart.

Pitching and Negotiation
Skills

Introduction
This presentation is going to show effectiveness and reasons of developing a pitch. Further, it will also
show potential outcomes of pitch as how it can help them out in meeting their goals.

P5 Developing an appropriate pitch
along with principles
 Companies often make pitch or presentation when they want to launch their new product and services in the market. One of
the main purposes of developing pitch is to attract customers, selling products. A pitch can be made successful when
companies focus on some content or elements such as:
 Purpose: Before developing a pitch company need to identify the main purpose for having clear understanding and making
pitch accordingly. They also need to add that reason or purpose in pitch by using relevant content for making target people
aware about.
 Content: After making plan and identifying the main reasons of developing or making a pitch presentation, companies
require making use of appropriate and attractive content. Content is one of the important things which can help them out in
attracting target market. Content should consist of the main message and features of products and services.

P6 Outcome of pitch
 Development of pitch or small presentation by companies who want to launch their new products in a market can allow
them in accomplishing goals. There are several other effective outcomes of an effective pitch presentation such as:
 Competitive advantages: By making an effective pitch, companies can take advantages of several external opportunities
and one of the main opportunities is taking competitive advantages. By making a pitch and using appropriate content,
company can make their target market aware about effectiveness of their products and attract them to the great extent.

P7 Ways to fulfill obligations from a
pitch There are several factors which need to be considered. For which purposes companies develop pitch plays an important
role and they all need to be fulfilled. For fulfilling obligations from a pitch companies requires following some steps such
as:
 Appropriate treatment: There are some followers or follow ups of company for whom company develop pitch. Investors
should be treated in an effective manner and they also should make them feel valued. When companies treat to their
followers and stakeholders as like their partners then it makes them feel valued and motivated. It can help them out in
accomplishing goals and obligations as well.

CONCLUSION
 From the above presentation it has been summarized that developing a pitch can help companies in
accomplishing the main goal. Further, this presentation discussed effective or positive outcomes of a pitch
along with fulfilling obligations.

REFERENCES
Books and journals
 Campanella, P., Parente, P., Vukovic, V., Ianuale, C., Ricciardi, G. and Specchia, M.L., 2016. Economic
impact of schizophrenia on health systems [Pitch presentation]. In 9th European Public Health Conference
“All for Health-Health for All” (Vol. 26, No. Suppl 1, pp. 177-177).
 Carini, E., Pezzullo, A.M., Frisicale, E.M., Cacciatore, P., Di Pilla, A., Grossi, A., Gabutti, I., Cicchetti, A.,
Boccia, S. and Specchia, M., 2019. Measuring organizational performance. A review of the dimensions of
hospital performance indicators [Pitch presentation].