5 Steps For Preparing For Your Next Sales Negotiation

So let's say that you were going to drive toyour starting offer is going to be for each of
some place far, far away. Let's go a step fartherthese points. Many negotiators do this step and
and say that you sorta knew where you werethen forget to do the next part - make up your
going to go to, but that you had never beenmind as to where you are going to be willing to
there before. Can you imagine yourself justend up on this point.
jumping into the car and driving with doing any- Deal With "No": Arguably the word "no" is one of
planning? Believe it or not, this is exactly howthe most powerful words in the English language
some sales negotiators jump into a negotiation.and it can stop any sales negotiator in his / her
What, Me Plan?tracks if you aren't prepared for it. Before the
So how would you get ready for that long carnegotiation starts you need to assume that the
ride? I'm betting that you'd fill up the gas tank.other side is going to say "no" to every proposal
You might check the air in the tires. Probablythat you make. Knowing this, you need to decide
you'd pack some food and bring along somein advance how you are going to react when
tapes / CDs to listen to. You might even go sothey say it.
far as to get a map (or these days a GPS- Pick Your "Gets": It's a fact of life during any
system) and figure out how you were going tonegotiation that you're going to have to give in on
get from here to there.some points. Knowing that this will happen, before
It turns out that the same set of basic stepsthe negotiation you need to make a list of what
need to be taken by a sales negotiator beforeyou're going to get from the other side when you
starting any negotiation. During a car trip you suremake a concession to them.
don't want to run out of gas, go hungry, or lose- Set The Scene: All too often it's after a
your way. The same can be said of a salesnegotiation has started that a negotiator
negotiation.discovers that where and when the negotiation is
5 Things You Have To Do Before You Start Anyhappening is not in their best interests. Take some
Negotiationtime before the negotiation is even scheduled to
To help get you properly prepared for your nextpick where and when you want it to happen -
sales negotiation, I've got some suggestions. Heremake sure that it's easy for you to get to (and
are five steps that you need to take before youto leave) and that it works with your schedule.
sit down at the negotiating table:What All Of This Means For You
- Create A "Want" List: How can you beThere's probably not a sales negotiator out there
successful during a negotiation if you don't knowthat won't agree that taking the time to do a
what you want? Take the time to create a list ofgood job of planning is a key factor in determining
what you want to get out of the negotiation. Behow a negotiation comes out. However, all too
careful here: not all wants are created the same.often we just don't do this well.
Make sure that you distinguish between the onesIt turns out that there are a sequence of planning
that you can't live without and the ones thatsteps that you need to perform before every
would just be nice to have.negotiation. By doing these steps, you'll be cool,
- Pick A Start And An End Point: Before you startcalm, and collected when things happen during the
any negotiation, you can pretty much identify thenegotiation and you can keep your focus on what
main issues that will be coming up during thematters the most - getting the best deal!
negotiation. Take the time to determine what