Sales Training Tip: Getting What You Need From Your Sales Calls By Deploying Effective Negotiation Techniques
If sales courses don't always teach influencing skills, how then can you convince other people to favourably consider your proposals?
Believe it or not, there is a science backed up by more than 60 years of research that has informed our knowledge of the use of influence to satisfy our needs and wants in sales negotiation. The world's leading authority on the science of persuasion, Dr Robert Cialdini, has discovered 6 principles of persuasive communication in his research:
Reciprocation
Liking
Commitment & Consistency
Authority
Scarcity
Social Proof
Whilst persuasion will always be an art, it is astonishingly helpful to harness the power of the 6 principles identified by scientific research to increase your chances of persuading others to give you what you really want.
Let's start by examining at what I believe to be the most important principle from a negotiation viewpoint - reciprocation.
Reciprocation means that we return to others the same behaviour that they exhibit 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 use it to get what you need?
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 marketing a widget and you need to obtain $ 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 are able to make a concession by discounting 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 cash on the spot or to take care of 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 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 prepared 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 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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