By noam46
In Sales training programmes, sales negotiation skills are often missed altogether. You could 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 want. Being human, most of us believe that our opinion is very important and that others should at least think about seeing things our way. If you had no desires or requirements, 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 recommendations?
Believe it or not, there is a science backed up by more than 60 years of research that has informed our understanding of the use of influence to meet our needs and wants in sales negotiation. The world's foremost expert on the science of influence, Dr Robert Cialdini, has identified 6 principles of persuasive communication in his research:
Reciprocation
Liking
Commitment & Consistency
Authority
Scarcity
Social Proof
Whilst persuasion will always be somewhat of an art, it is astonishingly helpful to deploy the power of the 6 principles uncovered by science to optimise your chances of convincing others to give you what you really want.
Let's start by examining at what I believe to be the key principle from a negotiation viewpoint - reciprocation.
Reciprocation means that we return to others the form of behaviour that they exhibit 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 employ it to get what you would like?
Here's how:
Make sure that when you start a negotiation you ask for a little more than you would be satisfied to receive.
Let's say you are marketing a widget and you would like to receive $ 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 requesting $ 105.
If your counterparty does not agree to handing over $ 105 for the widget, then you can make a concession by lowering your required 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 pay for shipping etc.
The key is for you to offer the concession - don't wait for your counterparty to offer a concession. Just make sure that you use the word 'if' when you make your concession:
"If you are prepared to pay me in 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 improve 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 Commercial Negotiation Skills Capability Could Cause Critical Negotiation Interventions To Collapse Due To Poor Preparation
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.
Improve Your Negotiation Skills By Discovering The 1 Element That Divides 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.
One Simple Negotiation Skills Technique That Will Instantaneously Deliver Improved Negotiation Results
Research has proven that high objectives will constantly outdo low aspirations and if you therefore exaggerate your expectations at the negotiation table, you will continously influence your negotiation outcomes positively
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Whether you are starting your own business or you have a well established firm, increasing clients and sales are the most vital things needed to keep a business growing. To achieve the best business results, you should hire a sales coach.
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In the global economy of today's world that encompasses both virtual and actual opportunities, there are so many kinds and numbers of businesses for a potential customer to choose from that a business owner must use every possible advantage to generate sales
Effective Negotiation Training Can Prove That Failing Can Be More Valuable Than Succeeding
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.
Exactly What Are The Big Advantages Of Looking At Hunting Land Available On The Web?
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In Sales training programmes, sales negotiation skills are often missed altogether. You could 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 want. Being human, most of us believe that our opinion is very important and that others should at least think about seeing things our way. If you had no desires or requirements, 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 recommendations?
Believe it or not, there is a science backed up by more than 60 years of research that has informed our understanding of the use of influence to meet our needs and wants in sales negotiation. The world's foremost expert on the science of influence, Dr Robert Cialdini, has identified 6 principles of persuasive communication in his research:
Reciprocation
Liking
Commitment & Consistency
Authority
Scarcity
Social Proof
Whilst persuasion will always be somewhat of an art, it is astonishingly helpful to deploy the power of the 6 principles uncovered by science to optimise your chances of convincing others to give you what you really want.
Let's start by examining at what I believe to be the key principle from a negotiation viewpoint - reciprocation.
Reciprocation means that we return to others the form of behaviour that they exhibit 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 employ it to get what you would like?
Here's how:
Make sure that when you start a negotiation you ask for a little more than you would be satisfied to receive.
Let's say you are marketing a widget and you would like to receive $ 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 requesting $ 105.
If your counterparty does not agree to handing over $ 105 for the widget, then you can make a concession by lowering your required 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 pay for shipping etc.
The key is for you to offer the concession - don't wait for your counterparty to offer a concession. Just make sure that you use the word 'if' when you make your concession:
"If you are prepared to pay me in 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 improve 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.
Is Sales Funnel The Most Efficient Technique To Generate Results
I have outlined the most effective way, that I have discovered to set up my Sales Funnel for my MLM business. I lay out each step for you to easily follow.
Your Insufficiently Developed Commercial Negotiation Skills Capability Could Cause Critical Negotiation Interventions To Collapse Due To Poor Preparation
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.
Improve Your Negotiation Skills By Discovering The 1 Element That Divides 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.
One Simple Negotiation Skills Technique That Will Instantaneously Deliver Improved Negotiation Results
Research has proven that high objectives will constantly outdo low aspirations and if you therefore exaggerate your expectations at the negotiation table, you will continously influence your negotiation outcomes positively
Sales Coaching To Boost Your Sales Workers
Whether you are starting your own business or you have a well established firm, increasing clients and sales are the most vital things needed to keep a business growing. To achieve the best business results, you should hire a sales coach.
Sales Training: Pros And Cons Of Training To Get Consumers And Enhance Your Business
In the global economy of today's world that encompasses both virtual and actual opportunities, there are so many kinds and numbers of businesses for a potential customer to choose from that a business owner must use every possible advantage to generate sales
Effective Negotiation Training Can Prove That Failing Can Be More Valuable Than Succeeding
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.
Exactly What Are The Big Advantages Of Looking At Hunting Land Available On The Web?
When you go looking at hunting properties for sale your best move is to start by checking out online first of all if you want to make the best possible choice.
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