"without realizing it, many companies have systematically taught their customers the art of blackmail."* When we approach business negotiations by tactically reacting to customers' requests, by merely giving in because they ask us to do so, seemingly disparate transactions have the effect of "rolling upward" and defining our negotiation strategy. We teach the maketplace, our customers and our competitors, who we are based on the deals we do. By rolling over in negotiations, we run into several problems:
B2B Street Fighting Blog
strategic negotiation and why you need to embrace it
Posted by Marie Dudek Brown on Thu, Feb 02, 2012 @ 01:56 PM
5% of sales forces rank themselves "highly effective" negotiators
Posted by Brian Dietmeyer on Wed, Feb 01, 2012 @ 10:15 AM
In fact, after completing negotiation training, negotiators "highly effective" rating jumps to a whopping 6.8%!!! (makes you want to run right out and sign up for one of those courses advertised in the airline magazines, doesn't it?).
Tags: business negotiations
strategic sales negotiation: an uncommon goal
Posted by Marie Dudek Brown on Mon, Jan 30, 2012 @ 10:22 AM
It's not unusual to see situations in which neither side has a clear idea of what they really want out of a business negotiation beyond one or two simple items. When people are asked about their negotiation goals, a great many state they have no goals at all. This is, at least in part, because they approach negotiation with a tactical rather than a strategic mind-set and, as a result, are much more concerned with figuring out how to get there than with where they want to go. This is a problem because, among other things, not knowing where you want to go can make it very difficult - if not impossible - to get there!
An anchor is a starting point for one aspect of a negotiation or, in some instances, an entire negotiation. An anchor can be true or false, appropriate or inappropriate, in any given negotiation.* Nevertheless, only anchors that are both true and appropriate can be beneficial to both you and your customer, as only such anchors will enable you to create value.
changing the sales negotiation conversation
Posted by Marie Dudek Brown on Thu, Jan 26, 2012 @ 11:37 AM
In the vast majority of organizations, every negotiation is seen as zero-based and different from every other negotiation. But, on a basic level, all business negotiations ultimately follow the same blueprint:
Tags: business negotiations
three rules for creating value in business negotiations
Posted by Marie Dudek Brown on Mon, Jan 23, 2012 @ 01:39 PM
There's an element of creativity involved when you broaden the business deal and clarify the "it" you are negotiating. A world-class salesperson looks for avenues to add value to the deal being negotiated.
B2B Street Fighting on Washington Post top 5 titles
Posted by Marie Dudek Brown on Fri, Jan 20, 2012 @ 01:51 PM
Tags: business negotiations, books
strategic negotiation: changing the conversation from price to solutions
Posted by Marie Dudek Brown on Thu, Jan 19, 2012 @ 09:09 AM
The past 30 years have been an exciting time in the field of business negotiation. We moved past the era of "win-lose" negotiations training and beyond the simplicity of "win-win" messages. Leading thinkers in negotiation now realize that it is critical to think simultaneously about creating value and claining your share.
business negotiations and courage at the bargaining table
Posted by Marie Dudek Brown on Tue, Jan 17, 2012 @ 01:13 PM
What does your company really sell? Technically speaking, Ferrari sells cars. But the Ferrari brand is all about ego, luxury, money, status, cachet, etc. If the B2B street fighter is marked by any one skill, value or trait, it is courage. Courage colors every moment of a street fighter's waking life. It's not just how she acts under pressure; it's how she acts all day, every day, whether she's under the microscope or, more importantly, when no one is looking.
strategic sales negotiation: it's all about the strategy
Posted by Marie Dudek Brown on Mon, Jan 16, 2012 @ 03:37 PM
Why do you need a negotiation strategy? This question relates to the motivation for developing a strategy in the first place, that is, the reason for wanting to make a change. Often the term "strategy" spawns nebulous phrases or written statements that get tucked away in a boardroom somewhere, never to be heard from again. Your goal is just the opposite: keep it simple, actionable and clear that the cure is not worse than the disease.
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