Negotiation =/= Combat
By: A Staff Writer
Updated on: Aug 30, 2024
Negotiation =/= Combat
Many see negotiation as adversarial. The best negotiators focus on collaboration for long-term success.
Getting aggressive or defensive tanks deals and damages relationships you may need later.
- Active listening is key: Understand their true needs/fears to offer solutions, not just counter-offers.
- “No” is just the start: Ask “What would it take to make this a yes?”. Opens up creative solutions.
- Get comfortable with silence: Don’t rush to fill the pauses, let them consider (and potentially sweeten) the offer.
- Trade-offs, not discounts: Can you budge on scope, timeline, etc., while maintaining your core rate?
- Document EVERYTHING: What’s agreed upon in writing prevents “misunderstandings” later.
- Aim for ‘good enough’ not ‘perfect’: Sometimes closing the deal beats squeezing out the absolute maximum.
What non-price terms are you willing to negotiate on to get a deal done?
Next time you negotiate, focus on LISTENING more than talking. See what shifts.