RAIN Group

SEPTEMBER 2, 2020

Sales negotiation is a critical part of the sales process. However, many sellers and organizations struggle with negotiating successfully. That means that less than one in three sellers does well in their virtual negotiations.

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Negotiation Virtual Selling Sales Organization 143

Hubspot Sales

MARCH 22, 2022

A lot of time and effort is spent creating them, and this happens through a process called contract negotiation. In this post, learn about the key stages of contract negotiation, strategies for running a smooth negotiation, and scenarios where it makes sense to negotiate your contracts. Contract Negotiation Examples.

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Negotiation Acquisition Manufacturing Communication 126

Software Sales Guru

APRIL 12, 2021

Create a Safe Negotiating Space In a career as a salesperson, chances are you will come across a professional negotiator. The post Create a Safe Negotiating Space appeared first on Software Sales Gurus. Someone who has been trained to get the best deal possible. But most deals are going to be with average buyers.

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Negotiation Software Software Sales 130

Hubspot Sales

JULY 1, 2020

Negotiations come in various shapes, sizes, and scales. Virtually any sale can involve some kind of negotiation, so naturally, as a salesperson, it's in your best interest to understand how to be a shrewd negotiator. Do everything you can to help yourself anticipate how your prospect is going to negotiate. Who are they?

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Negotiation Cybersecurity Decision-making Marketing 132

Sandler Training

JULY 14, 2021

The best negotiators always start negotiation by negotiating with themselves. The post DISC: A Powerful Negotiating Tool appeared first on Sandler Training. One of the communication tools that will help you better understand yourself and how others communicate with you is called DISC.

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Negotiation Communication 120

Account Manager Tips

MAY 1, 2021

Successful Sales Negotiation Strategy. As an Account Manager, there's always something to negotiate. But there's a simple sales negotiation strategy that works which is. Sooner or later, for one reason or another, you will have to negotiate. That puts you in the best position to negotiate - informed!

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Negotiation Suppliers Sales Decision-making 130

The Center for Sales Strategy

FEBRUARY 1, 2024

Negotiation is an art, often perceived with a mix of hesitation and intrigue. Especially in sales, negotiation is not just a skill; it's a necessity. But the essence of effective negotiation lies in the approach: it's about collaboration, not confrontation.

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Negotiation Sales 123

Account Manager Tips

MAY 1, 2021

A simple sales negotiation tactic. To do that, you need sales negotiation skills to convince them to buy more and, when the time comes, to renew. Here's a simple negotiation tactic that will help. A sales negotiation is challenging and means difficult conversations. What is a sales negotiation? Negotiation.

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Negotiation Key Account Management Suppliers Value Proposition 130

Sales Readiness Group

APRIL 19, 2023

Negotiation is a really important skill for anyone in a professional setting. In this article, we'll look at three different negotiation tactics and give you some examples of how to respond to each one effectively.

Negotiation 139

Negotiation 139

RAIN Group

NOVEMBER 11, 2021

Negotiations may be more competitive than ever, but the best negotiators are still confident, able to achieve target pricing, and more satisfied with the results of negotiations. But where do these negotiators excel?

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Negotiation Sales 119

Account Manager Tips

AUGUST 17, 2022

We all have to negotiate with our clients sooner or later, but for lots of reasons, most of us avoid it if we can. Anchoring is a simple tactic that can help you gain control of the negotiation and give you a bargaining advantage too. Why make the first move in a negotiation? Why make the first move in a negotiation?

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Negotiation Key Account Management Account Management Decision-making 130

RAIN Group

NOVEMBER 8, 2021

Maybe they've read about negotiation in books or were trained to use pressuring strategies. Some buyers are conditioned to try certain tactics to lower your price.

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Negotiation Sales 124

Sales Readiness Group

OCTOBER 16, 2023

In the modern, competitive sales landscape, negotiation is no longer simply about price. Smart sales professionals know that a deep understanding of how the deal will unfold and who will be involved is crucial to setting yourself up for a successful negotiation. It is about value.

Negotiation 118

Negotiation Sales 118

Sales Readiness Group

MAY 31, 2023

One frequently discussed issue by negotiation experts is when you should make the first offer in a negotiation. Conventional wisdom is to never make the first offer in a negotiation. After all, by making the first offer, you risk "showing your cards" too early and leaving money on the table.

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Negotiation Sales 127

Hubspot Sales

FEBRUARY 2, 2022

Sales negotiation is a delicate art. Even if you've properly qualified a prospect and correctly managed their expectations through the sales process, the deal can still end in a negotiation. That's why every salesperson needs to have a solid grip on how to negotiate effectively. Why is negotiation important in sales?

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Negotiation Decision-making Banking Construction 105

Hubspot Sales

MAY 24, 2023

Negotiation is a delicate balancing act. By the time you’ve reached the negotiation phase of the sales process, you and your prospect have a common goal: getting your company’s offering into their hands. Assuring your prospect the negotiation will be quick and easy won't put them at ease — it'll do the opposite.

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Negotiation Decision-making Stakeholders Meetings 119

Hubspot Sales

JUNE 7, 2023

Every step of your sales process is a struggle in its own right, so by the time you reach the negotiation stage, it can feel like you've run a marathon — but you still have a ways to go. So in the interest of showing you exactly what not to do, we've put together a handy, seven-step action plan for losing a negotiation. Don’t prepare.

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Negotiation Sales 116

Sales Gravy

MARCH 30, 2022

The buyers in procurement are professionally trained to negotiate. This can put you at a huge disadvantage with you are forced to negotiate with them. You'll learn the keys to mastering the sales negotiating chessboard and going toe to toe with professional buyers who are paid to extract maximum concessions from you.

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Procurement Negotiation Sales 106

The Center for Sales Strategy

AUGUST 28, 2024

This means that about three-quarters of all sales negotiations usually fail. However, in the entire process, the negotiation part is the most important. This article is a basic guide to sales negotiation. As a sales professional, you seek to improve your performance and fill the sales pipeline. It can make or break the deal!

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Negotiation Sales 103

Sales Readiness Group

APRIL 24, 2023

To help you and your team navigate these negotiations successfully, here are some practical tips and strategies. And on top of that, you might be asked to renegotiate existing contracts or propose fee increases to keep up with market conditions and company profitability requirements.

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Negotiation Profitability Marketing Management 117

RAIN Group

FEBRUARY 11, 2022

In our sales negotiation research , we studied the factors separating the best negotiators from the rest. According to buyers, six out of 10 sellers cave on price at some point in negotiations. While it may be tempting to concede on price to secure a sale, a single concession can make a buyer expect more later on.

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Negotiation Sales 105

Hubspot Sales

NOVEMBER 7, 2023

A successful negotiation is like a tango. And nothing ruins a productive negotiation like one of the participants using one of the 14 phrases listed below. 14 Phrases That'll Instantly Sabotage Your Negotiation 1. The focus must always be on the buyer — yes, even during the negotiation. I’ll be honest.”

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Negotiation Software Software Prioritization 105

Hubspot Sales

MAY 18, 2023

The ability to negotiate can bring you and your business tremendous advantages. Yet, many salespeople approach negotiations with trepidation. There are only a few occasions where we typically have the ability to negotiate, and they are usually high-stakes such as buying a house or taking a new job. Use the bracketing technique.

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Negotiation Profitability Meetings Sales 111

Holden Advisors

SEPTEMBER 8, 2021

If you don't discount, however, you reduce the likelihood of being put through the gauntlet in future negotiations. If you give the discount in the first test, you are going to face that gauntlet every time a new contract comes up. You passe d the test.

Procurement 369

Procurement Suppliers Negotiation Account Management 369

The Center for Sales Strategy

JULY 18, 2024

What is the best response when asked, “Is the price negotiable?” Your first reaction might be to lower the price to close the deal. Interpreting their question as a request will result in lowering the price. Offering to lower the price, only to find they will continually ask for more.

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Negotiation B2B Sales Meetings 108

Vantage Partners

OCTOBER 15, 2024

Despite all the expertise professional services firms demonstrate when negotiating on behalf of their clients, they struggle to negotiate their own fees with these same clients. Why is this?

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Negotiation 83

Force Management

JANUARY 18, 2024

Many companies mistake sales negotiation as a function conducted exclusively by sellers. We consider negotiation a team effort. In a complex B2B sales environment, it is rare for an individual seller to negotiate an entire deal on his/her own without the support, guidance and active participation from the rest of the organization.

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Negotiation Sales Environment Sales B2B 91

Vantage Partners

DECEMBER 2, 2024

Negotiators should always be seeking to know more—about their counterparts and what they care about, the context in which they see the negotiation, their emotional state and more.

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Negotiation 83

Holden Advisors

OCTOBER 14, 2021

When it comes to negotiation, very few sellers spend enough time planning. I encourage you to carve out time to get centered and think about some of the upcoming negotiations you have. Over the years, we’ve built a simple structure with four buyer types to help sellers plan their negotiations. They need lots of choices.

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Negotiation Organization 195

Holden Advisors

NOVEMBER 3, 2021

When only 30% of B2B buyers make decisions based exclusively on price (noted in Negotiating with Backbone ), it’s not surprising the other 70% care about value if they are thoughtfully informed about it. Is there a better example than dirt to prove that a commodity can be differentiated? Think about it.

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Procurement Finance Construction Government 369

PandaDoc

SEPTEMBER 28, 2022

A wide variety of possible price negotiation strategies exist but all of them have a common baseline. That’s why successful bargaining requires special knowledge of negotiation tactics and advanced negotiation skills. Expect to be much more efficient at the following: How do I negotiate the price politely?

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Negotiation Profitability Decision-making e-Learning 98

Vantage Partners

SEPTEMBER 26, 2023

It seems like negotiations are all over the news lately — strikes and threats of strikes, stalled contract discussions, and political negotiations of all kinds.

Negotiation 83

Negotiation 83

Vantage Partners

SEPTEMBER 26, 2023

It seems like negotiations are all over the news lately — strikes and threats of strikes, stalled contract discussions, and political negotiations of all kinds.

Negotiation 83

Negotiation 83

Strategic Account Management Association

SEPTEMBER 13, 2021

At that time, customers told us they were less focused on price in negotiations and more focused on keeping the business running, with expectations including: Changes (increase or decrease) in supply chain deliveries Delays in payment schedules Changes in allocation of volume contracted.

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Co-Creation Suppliers Management Supply Chain 520

Hubspot Sales

OCTOBER 3, 2022

Plus, how you can leverage BATNA's key negotiation tactics to ensure your business and your customers are both benefitting from a deal. BATNA stands for Best Alternative to a Negotiated Agreement. When you're negotiating, you need to ask yourself, 'What are the concessions I'm willing to make? What does BATNA stand for?

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Negotiation Software Software Construction 105

Vantage Partners

SEPTEMBER 4, 2024

Even if you could let AI negotiate your deals, should you? My answer is, 'It depends.' Let me share what I think the answer depends on and why.

Negotiation 83

Negotiation 83

Strategic Account Management Association

FEBRUARY 23, 2021

Unfortunately, the amount of teamwork expected in matrix structures has not materialized, and rather than focusing on making the best possible decisions, negotiated decision making is the norm. Most modern organizations follow a matrix structure. Entrepreneurial.

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Telecommunications Decision-making Account Management Organization 520