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Sales Training Tip: Getting What You Need From Your Sales Meetings By Deploying Efficient Negotiation Techniques
In Sales training programmes, sales negotiation skills are often missed altogether. You could say that the reason most of us feel the need to negotiate with anyone else is so that we can find a way to get what we would like. Being human, we all believe that our opinion is important and that everyone else should at least think about seeing things our way. If you had no desires or requirements, there would be little reason for you to negotiate with anyone.
If sales courses don't always teach persuasion skills, how then can you convince other people to favourably consider your propositions?
Believe it or not, there is a science backed up by more than 60 years of research that has evolved our knowledge of the use of influence to meet our needs and wants in sales negotiation. The world's leading authority on the science of influence, Dr Robert Cialdini, has uncovered 6 principles of persuasive communications in his research:
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 identified by scientific research to optimise your odds of influencing others to give you what you really want.
Let's start by examining 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 exhibit towards us. If you have done me a favour, 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 deploy it to get what you want?
Here's how:
Make sure 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 obtain $ 100 for the widget.
If you want to use the principle of reciprocation, then you should commence by asking for a little more - let's say by requesting $ 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 price to $ 100 in return 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 facilitate shipping etc.
The key is for you to make the concession - don't wait for your counterparty to offer 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 increase 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 went away from a negotiation to reconsider your proposal, your counterparty will be more likely to regard your amended offer as a new proposal, not as a concession.
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