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Sales Training Tip: Obtaining What You Want From Your Sales Opportunities By Deploying Effective Negotiation Techniques
In Sales training programmes, negotiation skills are often overlooked. One might say that the reason most of us feel the need to negotiate with others 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 consider seeing things our way. If you had no wants or needs, there would be little reason for you to negotiate with others.
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 persuasion to satisfy our needs and desires in sales negotiation. The world's leading authority on the science of persuasion, 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 incredibly helpful to harness the power of the 6 principles discovered by scientific research to increase 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 point of view - reciprocation.
Reciprocation means that we return to others the same behaviour that they demonstrate towards us. If you have done me a favour, then I should do you a favour. 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 happy to receive.
Let's say you are trying to sell a widget and you need to get $ 100 for the widget.
If you want to apply 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 offer a concession by discounting your asking 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 cash 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 could reduce the price from $ 105 to $ 100". This way you give an indication to your counterparty that you are prepared 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 went away from a negotiation to review 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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