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Sales Training Tip: Getting What You Need From Your Sales Calls Through Efficient Negotiation Skills
In Sales training programmes, sales negotiation skills are often missed altogether. One might say that the underlying reason most of us feel the need to negotiate with anyone else is so that we can find a way to get what we need. Being human, most of us believe that our viewpoint is important and that everyone else should at least think about seeing things our way. If you had no desires or needs, there would be little reason for you to enter in into negotiations with anyone.
If sales courses don't always teach influencing skills, how then can you convince other people to favourably consider your proposals?
Believe it or not, there is a science supported by more than 60 years of research that has evolved our knowledge of the use of influence to meet our needs and desires in sales negotiation. The world's foremost expert on the science of influence, Dr Robert Cialdini, has discovered 6 principles of persuasive communication in his studies:
Reciprocation
Liking
Commitment & Consistency
Authority
Scarcity
Social Proof
Whilst influence will always be an art, it is astonishingly helpful to use the power of the 6 principles discovered by scientific research to optimise your chances of convincing others to give you what you really want.
Let's start by closely looking at what is believed to be the most important principle from a negotiation viewpoint - reciprocation.
Reciprocation means that we return to others the form of behaviour that they demonstrate towards us. If you have helped me, then I should help you. If you invite me to your birthday party, then I should invite you to my birthday party. If you make a concession to me, then I should make a concession to you.
So what does this mean to you and how can you use it to get what you would like?
Here's how:
Ensure that when you negotiate you ask for a little more than you would like to receive.
Let's say you are marketing a widget and you are planning to get $ 100 for the widget.
If you would like to use the principle of reciprocation, then you should start by requesting a little more - let's say by asking for $ 105.
If your counterparty does not agree to paying you $ 105 for the widget, then you are able to make a concession by reducing your asking price to $ 100 in exchange for your counterparty also making a concession to you. A concession that your counterparty could make in this case could be to pay you immediately on the spot or to take care of shipping etc.
The key is for you to offer the concession - don't wait for your counterparty to make a concession. Just make sure that you use the word 'if' when you offer your concession:
"If you are prepared to hand over the cash right now, then I will reduce the price from $ 105 to $ 100". This way you give an indication to your counterparty that you are willing to be flexible and you will now significantly enhance the likeliness of them also being flexible and offering a concession in return.
Just be sure to use this principle 'in the moment' whilst you are negotiating. If you walked away from a negotiation to reconsider your proposal, your counterparty will be more likely to regard your revised offer as a new proposal, not as a concession.
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Your Insufficiently Developed Business Negotiation Skills Ability Could Cause Critical Negotiation Interventions To Fail Due To Poor Planning The main reason to a profitable business negotiation result is the quality of your planning. If you don't plan, prepare to fail and expect to not reach your goals.
Enhance Your Negotiation Skills By Discovering The One Thing That Separates The Men From The Boys During A Negotiation Deal Understanding your counterparts interest in your negotiations is one of the most imporant elements to attain and ensure profitable, gratifying and long term business relationships.
Applying Negotiation Skills During The 5 Stage Process To Achieving Lucrative Deals In China In order to achieve success in your business negotiations in China, you will have to understand that as an outsider, doing business is completely different than what most people are familiar with.
Effective Negotiation Training Can Illustrate That Failing Can Be Better Than Winning Instead of indicating to your opposite number that supporting my offer will assure a deal, it may be even better to say and specify what they are going to squander if they do not support it.
Secret Method Of Moneymaking Advertising There are three factors that can influence a person. These three things are imagination, language, and perception systems. Combine these three factors and you will win the competition.
Include This Suggestion In Your Negotiation Skills Training To Ensure These Three Things Never Occur If you are getting ready for a non-competitive negotiation, deploy some effective negotiation skills and make every effort not to make any of the most common mistakes during your dealings with your counterparts.
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