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Sales Negotiation - Effective negotiation skills

effective negotiation skillsAre your customers pressuring you to negotiate earlier in the sales cycle?

Do you find yourself making more concessions to win business in this tough market?

Are you making concessions without getting anything in return from your customers?

While most sellers talk about “win-win,” few really know what it means or how to achieve it.

Sales people don’t know how to establish common ground or isolate negotiable issues. They don’t adequately prepare for negotiations. Sellers typically negotiate too early and wind up having to make concessions or lower their pricing to win business.

As a result, effective negotiation skills that used to work become a battle of wills, in which the customer is usually the winner—and for good reason. The seller has given the customer no reasonable alternative.

Great sellers never mistake selling and negotiation as being the same thing.

They have a clear sense of where one ends and the other begins. As revealed by Huthwaite's study of real-world negotiations, great negotiators use very specific behaviours that are observable, repeatable and measurable. The best negotiators have an acute sense of when each behaviour will be most effective.

Huthwaite combines its understanding of customer value and these sales negotiationg behaviours to help sellers attain genuine "win-win" negotiations. We enable sellers to:

  • Identify the important distinctions between selling and negotiating
  • Plan effective negotiation skills to ensure a win-win solution
  • Create the conditions necessary for successful negotiations to occur
  • Choose effective negotiation skills appropriate to each situation
  • Assimilate questioning skills into proven successful negotiating models
  • Make only concessions that will have the greatest impact
  • Negotiate real needs, not just positions
  • Recognise and counter negotiating dirty tricks

Huthwaite runs regular negotiation training workshops. More info here.

Developing Effective Negotiation Skills:

sales strategies
Download our latest whitepaper: "Developing Effective Negotiation Skills".
This free whitepaper provides some great negotiation strategies to employ and some to avoid.
Download it here.

 

Or visit our sales tips blog for some more interesting articles on this topic:

View all our sales negotiation topics here.

 

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