Golden Rule No. 2: When Asked for a Concession, Always Respond First With a Defense of Your Offer
The other party may attack your offer in two ways. First, by raising an objection: “The price you’re quoting is unreasonable,” “The payment terms in your draft contract are absurd.” And second, by making a direct request for a concession: “Make an effort!”
To Make an Immediate Counteroffer Is a Mistake
In Response to an Objection
In response to an objection, naturally you must defend your offer. Under no circumstances meet an objection with a proposed concession!1
Points to note:
- A concession may cost you dearly, while defense of your offer costs nothing.
- In no way does raising an objection indicate that your counterpart will not ultimately accept ...
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