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Secret Of Successful NegotiationSet your goal: educate your self in the subject: act as an innocent: follow 70/30 rule: know the state of mind of your opponent: "no" & "why" key of negotiation: don't open your card first: There was a time when I hesitate to negotiate because I was green. Now negotiation is “FUN” for me because I know what I am doing. Now I believe “everything is negotiable”. But don’t be mistaken it is a child game. You should learn the art of negotiation. Here I bring secrete of successful negotiation which I have discovered over the years. SET YOUR GOAL: First you should know what you want to achieve. Like before starting your car you should know where you want to end up. EDUCATE YOUR SELF IN THE SUBJECT: Always gather the basic information / Knowledge about the subject-before commencing negotiations. You can not negotiate unless you are willing to challenge the validity of the fact of opponent. ACT AS AN INNOCENT: If you will start “I am new to this”, “I don’t know” “you have great knowledge”, “thanks for educating me”. You will find opponent try to rush in to help you out. And he will reveal the fact/knowledge which he wants to cover. FOLLOW 70/30 RULE: Listen 70 percent of the time and talk only 30 of time. When you listen carefully enough, you may discover the true motives of opponent, and the rock bottom deal may get out form opponent mouth. KNOW THE STATE OF MIND OF YOUR OPPONENT: If you can read the mind of your opponent it means you hit the road. You should analysis how much desperate opponent is for closing his deal? What pressure he is caring to close the deal? This will help you to mold him according to your wish. “NO” & “WHY” KEY OF NEGOTIATION: Make
the opponent impatient by asking for what he wants and then refusing to
take “No” for an answer. In this situation he will come up with new
deal DON’T OPEN YOUR CARD FIRST: If you will purpose something for closing the deal it may possible you could have get the best form your opponent. Article Tags: Successful Negotiation Source: Free Articles from ArticlesFactory.com
ABOUT THE AUTHORI am a Facility & Administration professional; I have 5.5 years experience in this industry. I am MBA in operations; I also studied marketing management, rail transport management, and MA in history. Specialties: New office set up and it’s whole life cycle, in technology driven organizations. Competitive analysis, vendor negotiation, process compliance & improvements, policy and procedure drafting, lease deed / Agreement drafting, new formats / forms drafting. |
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