32A Seat at the Table

Let’s take a moment a review what we’ve learned so far about sales negotiations.

  • Sales negotiations are different from other forms of negotiation.
  • It is in your best interest to master sales-specific negotiation skills.
  • You must win first and then negotiate.
  • If you make concessions when you have not been implicitly or explicitly selected as the vendor of choice (VOC), you are negotiating with yourself.
  • Sales negotiation is about winning for your team while minimizing resentment at the same time; in sales, relationships matter.
  • Motivation, leverage, and power position form the chess board of sales negotiation.
  • Buyers almost always begin with a stronger power position than sellers.
  • Leverage lets you shape buyer behaviors, and you must never give it away for free.
  • Power at the negotiation table is derived from alternatives.
  • Sales process excellence and effective discovery improve your power position.
  • You must master your emotions in order to master sales negotiation.
  • The more you need the deal, the more you will give away to get it.
  • A full pipeline lowers your desire to make concessions and gives you greater emotional self-control.
  • In every sales negotiation conversation, the person who exerts the greatest emotional control has the highest probability of achieving their desired outcome.
  • Emotions are contagious, and people respond in kind.
  • The most powerful negotiating position is relaxed, assertive confidence.
  • Sales negotiation planning prepares you mentally ...

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