In Sales training programmes, negotiation skills are often overlooked. 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 want. Being human, we all believe that our opinion is important and that everyone else should at least consider seeing things our way. If you had no wants or requirements, there would be little reason for you to negotiate with anyone.
If sales courses don't always teach influencing skills, how then can you convince other people to favourably consider your suggestions?
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 persuasion to satisfy our needs and wants in sales negotiation. The world's leading authority on the science of influence, Dr Robert Cialdini, has identified 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 incredibly helpful to harness the power of the 6 principles uncovered by scientific investigation to maximise your chances of persuading 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 point of view - 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 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 employ it to get what you need?
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 trying to sell a widget and you need to receive $ 100 for the widget.
If you want to deploy the principle of reciprocation, then you should start 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 offer a concession by discounting your required 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 pay for 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 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 improve 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 revised offer as a new proposal, not as a concession.
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