Negotiating Tactics
Negotiation Tactic #55 – Building a Bridge
Summary: Sometimes you need to toss your counterpart a rope or build a bridge that provides a path to a win-win negotiation. Example Squeaky Clean, a window washing company, is trying to get a large…
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Negotiation Tactic #54 – Conditional ‘No’
Summary: Offering less than a counterpart is asking for, hoping to make her go away. This tactic is designed for all the really nice people in the world who find it just too difficult to…
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Negotiation Tactic #53 – These Boots Are Made for Walking
Summary: Walking away from an unacceptable deal. In any relationship, the side with the least commitment to continuing the relationship has the most power. Being able to walk away from the bargaining table when the…
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Negotiation Tactic #52 – Feel, Felt, Found
Summary: Using empathy to show understanding for a counterpart’s concerns and to explain one’s own point of view. Feel, Felt, Found is effective for helping your counterpart understand your point of view. Example The buyer…
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Negotiation Tactic #51 – Putting It in Writing
Summary: Putting the terms of the agreement in writing to ensure that both parties are on the same page. Whenever you and a counterpart reach agreement in a negotiation, you should be the one to…
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Negotiation Tactic #50 – The Power of Competition
Summary: Using competitive bids to put pressure on a counterpart. In most businesses, The Power of Competition can be devastating. The seller, who knows that a customer can easily go to the competition for the…
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Negotiation Tactic #49 – Losing the Battle to Win the War
Summary: Conceding on a deal point that is not as important to one as the larger goal. To promote the long-term best interest of a relationship or accomplish a larger goal, conceding a deal point…
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Negotiation Tactic #48 – Massaging a Big Ego
Summary: Appealing to a counterpart’s sense of power to get him to make a decision. Asking a question like, “Do you have the power to make this deal happen?” can be an effective tactic. Some…
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Negotiation Tactic #47 – Stalling for Concessions
Summary: Delaying a negotiation or decision to encourage the impatient counterpart to make a better offer. Salespeople are typically short on patience when they smell a deal in the air. In fact, sales trainers sometimes…
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Negotiation Tactic #46 – Electronic Shark in the Moat
Summary: Stalling a negotiation by creating the perception one is too busy to respond to a counterpart’s request. To be an effective negotiator, you need access to the person who has the knowledge and ability…
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