Characteristics of Great Sales Negotiators
by Kelley Robertson
author of Stop, Ask, and Listen
Virtually everyone in sales is required to negotiate. After conducting
hundreds of workshop and working with thousands of people during the last
decade, I have discovered that most sales people are not as effective at
negotiating as they could be.
However, I do come across great sales negotiators from time-to-time and have
noticed that they typically have a few things in common. Here are the
characteristics they usually possess.
Understanding of the negotiating process. Highly effective negotiators
recognize that negotiating is a process, not just something that is done when
discussing the terms and conditions of a solution. Negotiating is much more than
haggling about price. It requires an understanding of the dynamics that affect
the process and influence the behavior of people. Great negotiators invest time
learning different tactics and strategies and how each technique contributes to
the overall outcome.
Focus on win-win. Win-win means that both parties feel good about the
outcome of the negotiating process. Some books that state win-win solutions are
not possible in business negotiating; the authors write that someone usually
gives away more than they should and the outcome becomes a win-lose situation.
Great negotiators don't believe that. They help their customer try and solve
problems and look for opportunities to give as much value as possible. They also
know how and when to limit their concessions, give-aways, and discounts so they
can work out an agreement that is equitable for both parties.
Patience. Too many people search for the quick fix try to close the
sale as fast as possible so they can move on the next prospect. Great sales
negotiators recognize that patience is a virtue and that rushing the process
often leads to an undesirable outcome. They don't hurry to reach an agreement.
Instead, they take time to gather the necessary information. They think
carefully about possible solutions. They take their time during the entire
process. This is critical because major mistakes are made when we try to reach
an agreement too quickly. We rush through the process, not giving the other
person's offer ample attention, and often end up with an outcome that is
win-lose. Simply because we were in a hurry.
Creativity. Most great negotiators are also very creative. They use their
problem-solving skills to determine the best solution and look for unique ways
to achieve their goal. A friend of mine was once embroiled in a bitter lawsuit
with a company and after months of negotiation, he came up with a solution that
ended the suit. He stretched out beyond the normal answers and developed an
alternative that was accepted by the other party. In other words, he got
creative.
Willingness to experiment. Negotiating is a very dynamic process
because no two people are alike. What works extremely well in one situation can
backfire in another. That's why great negotiators practise using a variety of
concepts and techniques. They experiment with different strategies, solutions,
and tactics. And a small failure does not prevent them from experimenting with
new ideas in the future.
Confidence. Great negotiators are confident when they enter a negotiation. They
aren't arrogant or rude or cocky-they are simply confident. They have developed
a high belief in their ability to reach an win-win agreement. They are confident
that they can handle anything that comes their way in a negotiation and this
confidence is developed through experience. Great negotiators evaluate
themselves regularly. They learn from their mistakes and victories. They focus
on improving their skill. They develop an internal confidence that is
unshakable.
Keen listening skills. People will tell you virtually everything you
need to know if you ask the right questions AND listen carefully to their
answers. I personally believe that this one attribute is the most important
skill in selling and negotiating. I remember my wife talking to a prospect on
the telephone and at one point during the conversation she sensed that he had
more to say. She waited patiently and listened carefully and the other person
eventually gave her valuable information that helped her close the sale.
Unfortunately, too many sales people simply wait for their turn to talk, or even
worse, interrupt their prospect. This lack of listening means they often miss
hearing key information that will assist them in the negotiations.
Negotiating is not a skill that is easily acquired. It takes time, effort and
energy. If you want to improve your negotiating ability you must be ready to
work at it. Invest the time learning the dynamics and science of negotiating.
And be prepared to push yourself out of your comfort zone.
Copyright 2007 Kelley Robertson, All rights reserved.
Kelley Robertson, President of the Robertson Training Group,
works with businesses to help them increase their sales and motivate their
employees. He is also the author of Stop, Ask, and Listen: Proven Sales Techniques to Turn Browsers Into Buyers . For information on his programs, visit
his website at
www.RobertsonTrainingGroup.com.
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