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3 Quick Keys
To Successful Sales
Negotiating
A Quick Look At HowYou Can PrepareToWin Negotiations
And HaveYour Customer’s Feel LikeWinnersToo
© 2016 MyEureka Solutions LLC
The Three Keys
1.  As the seller, have a defensive negotiating
plan already in place before you close
deals
2.  Recognize how and why to create win-
win scenarios
3.  Check your ego at the door…and mind
your customer’s too
Key # 1
—  Most negotiating battles are waged over
price, though many elements can comprise a
deal and need to be leveraged.
Consider the Castle Defense:
—  An exterior mote
—  A high wall to climb
—  Battle on parapet
—  Interior fortifications around
the gold
Your Defense
—  The moat:
◦  Presents an obstacle to
slow down the invaders
—  Sounds like:
—  Reassurance, compliments, a
smile:
“I’ve been told you’re a good
negotiator so you should know I’ve
made sure you are getting a great
deal.”
Your Defense
—  The parapet:
◦  Battle those scaling the wall,
direct combat with those
that make it up the wall
—  Where buyers use gambits
(budgets, the flinch, good
cop bad cop, etc.
◦  Counter defenses must be
honed v. professional buyers
or savvy consumers
◦  You flinch you lose
Your Defense
—  The Interior:
◦  Don’t make it obvious
where you keep your gold
—  When you reach your last
line of defense be
prepared for blood
◦  To protect your gold how
hard are you willing to fight?
◦  Are you willing to give up
some of your gold to avoid
a death match?
Key # 2
—  Understand how to create the win-win scenario.
Use a venn diagram to find the common ground:
—  Be truthful not wishful
—  Have your client/prospect define
their wants/win (Listen to learn,
consider what they have to lose
(their ass on the line)
—  Minimize value you can’t confirm,
contract or promise
Key # 3
—  Check your ego at the door…
and mind your customer’s too!
—  Don’t win a battle but lose the war
—  Don’t act like the US Congress!
—  “Never hate your enemies, It
affects your judgment” –Mario
Puzo, The Godfather
—  Don’t be a baby…it’s just business
Successful Negotiating Summary
—  Before you negotiate line up your Castle
Defense with outer, wall and inner defenses
and know what is really at stake
—  Rather than hashing out prices and terms
discuss and listen to your customer’s
definition of needs, value and wins…and
what’s on the line
—  Know the difference between a small win
and small loss
—  Don’t let personal emotions and ego take
hold of your negotiations…check your ego
at the door!
Contact Info
Tom Fox
President
MyEureka Solutions LLC
1315 Park Ave.
Mamaroneck, NY 10543
P: 917 539-6617
tom@myeurekasolutions.com
www.myeurekasolutions.com
@TomFoxTrainer

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3 Quick Keys To Successful Sales Negotiating

  • 1. 3 Quick Keys To Successful Sales Negotiating A Quick Look At HowYou Can PrepareToWin Negotiations And HaveYour Customer’s Feel LikeWinnersToo © 2016 MyEureka Solutions LLC
  • 2. The Three Keys 1.  As the seller, have a defensive negotiating plan already in place before you close deals 2.  Recognize how and why to create win- win scenarios 3.  Check your ego at the door…and mind your customer’s too
  • 3. Key # 1 —  Most negotiating battles are waged over price, though many elements can comprise a deal and need to be leveraged. Consider the Castle Defense: —  An exterior mote —  A high wall to climb —  Battle on parapet —  Interior fortifications around the gold
  • 4. Your Defense —  The moat: ◦  Presents an obstacle to slow down the invaders —  Sounds like: —  Reassurance, compliments, a smile: “I’ve been told you’re a good negotiator so you should know I’ve made sure you are getting a great deal.”
  • 5. Your Defense —  The parapet: ◦  Battle those scaling the wall, direct combat with those that make it up the wall —  Where buyers use gambits (budgets, the flinch, good cop bad cop, etc. ◦  Counter defenses must be honed v. professional buyers or savvy consumers ◦  You flinch you lose
  • 6. Your Defense —  The Interior: ◦  Don’t make it obvious where you keep your gold —  When you reach your last line of defense be prepared for blood ◦  To protect your gold how hard are you willing to fight? ◦  Are you willing to give up some of your gold to avoid a death match?
  • 7. Key # 2 —  Understand how to create the win-win scenario. Use a venn diagram to find the common ground: —  Be truthful not wishful —  Have your client/prospect define their wants/win (Listen to learn, consider what they have to lose (their ass on the line) —  Minimize value you can’t confirm, contract or promise
  • 8. Key # 3 —  Check your ego at the door… and mind your customer’s too! —  Don’t win a battle but lose the war —  Don’t act like the US Congress! —  “Never hate your enemies, It affects your judgment” –Mario Puzo, The Godfather —  Don’t be a baby…it’s just business
  • 9. Successful Negotiating Summary —  Before you negotiate line up your Castle Defense with outer, wall and inner defenses and know what is really at stake —  Rather than hashing out prices and terms discuss and listen to your customer’s definition of needs, value and wins…and what’s on the line —  Know the difference between a small win and small loss —  Don’t let personal emotions and ego take hold of your negotiations…check your ego at the door!
  • 10. Contact Info Tom Fox President MyEureka Solutions LLC 1315 Park Ave. Mamaroneck, NY 10543 P: 917 539-6617 tom@myeurekasolutions.com www.myeurekasolutions.com @TomFoxTrainer