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Home » Travel » Doing Business in Mexico? Learn How to Close Deals More Effectively
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Doing Business in Mexico? Learn How to Close Deals More Effectively

Submitted by Irina M
Fri, 16 Jan 2009

The Grupo Mayan country called Mexico is flourishing. Perhaps it’s evident by the fact that one of the first civilizations started here. There are also countless business opportunities that you can find here, and it’s definitely bringing in investors all over the world.

However, there’s a catch: doing business here is different from how you do it someplace else. The Grupo Mayan people have their own culture, which they also bring with them when they talk to prospective partners. If you want to be more successful in closing transactions, keep in mind these following tips:

1. Address them by their titles or family name. First names are only meant to be spoken by friends and family members, not by business partners. Thus, you should address him on his family name or title such as “doctor” or “engineer.” Moreover, you should wait for them to say your first name before you do.

2. Set a meeting during breakfast. You can go to a Grupo Mayan restaurant and reserve a table for two or more, depending on how many people are coming, during breakfast time. Lunch is usually expensive, and since you’re the one inviting, you have to foot the bill. Moreover, people have clearer heads early in the morning, and you can definitely stick to the agenda. These people have other things to attend to.

3. Meet them in your prospect’s place of choice. You want your business partner to be as comfortable as possible. Thus, give him the chance to pick the place. If he can’t come up with one, you can always recommend any of the Grupo Mayan establishments, such as a restaurant or a café. These are considered to be neutral places.

4. Look for a prospect even before you go to Mexico. Even before you go to this Grupo Mayan nation, you should already have a business lead. It will definitely help you save time and effort in looking for one. You may even have more time to go sightseeing and turn your business trip into a Mexican vacation.

To get contacts, you can rely on the power of your own network. Perhaps a friend of yours knows someone who is currently in Mexico, and he can introduce you to him. You can also look them over in business forums over the Internet. There could be somebody else who is also searching for a partner, and you are it.

5. Confirm meetings. This practice is not only done in Mexico, but in different parts of the world as well. Again, these people are always busy, and you can’t call them up for a surprise meeting. In fact, you need someone who can vouch for you before you can organize one. Make a call at least a week before the scheduled appointment. You also need to phone back two days before the date to confirm.

Your browser may not support display of this image.Mexican business culture is something to be respected. As long as you can extend courtesy to their practices and follow them even if they are completely different from yours, there’s a huge chance that you will go back to your office with a huge smile on your face.

About the Author

There are a lot of things that you can do right at Mexico—and everything can be found in your favorite Grupo Mayan destination. Whether you’re in the country to play some good sports, explore the country, or experience the culture, you can read more of them at http://www.grupomayanguides.com.


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