Negotiating Terms Print

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Reaching agreement.

WHAT TO ESTABLISH FIRST

What they actually need, as opposed to what they asked for.

HOW

Ask why that matters to them.

WHY

It frequently reveals a cheaper way to satisfy it.

WHAT TO DO WITH ANY REQUEST

Trade, rather than concede.

WHAT TRADING SOUNDS LIKE

We can do that if the term extends to two years.

WHY IT WORKS

It preserves value and signals that concessions have cost.

WHAT TO NEVER DO

Concede without asking for something.

WHY

It teaches that asking works, and more asks follow.

WHAT TO AVOID

Conceding several things at once Negotiating against yourself Improving your offer before they respond

WHAT NEGOTIATING AGAINST YOURSELF LOOKS LIKE

Offering a discount after silence.

WHAT TO DO ABOUT SILENCE

Ask what they are thinking.

WHAT TO CONCEDE LAST

Price.

WHY

It is the hardest to recover and it sets the baseline forever.

WHAT TO CONCEDE FIRST

Things that cost you little and they value.

WHAT TO DO WHEN THEY PUSH HARD

Pause, and consider.

WHY

Immediate answers under pressure are usually concessions.

WHAT TO SAY

That you will consider it and respond.

WHAT TO DOCUMENT

Everything agreed, as you go.


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