How to Negotiate professionally to stop money going down the drain

Post on 11-Aug-2014

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Kentinvicta B2B presentation to Ashford Chamber sold out breakfast meeting July 2014. How to make more money by better negotiation or how to stop throwing money down the drain because of poor negotiation. Tip, techniques and tricks from Master negotiator and negotiating speaker - Derek Arden

Transcript of How to Negotiate professionally to stop money going down the drain

Seven secrets to improve !your Negotiating!

Results

www.derekarden.com

•Click to edit Master text styles

Life is one

MASSIVE Negotiation

!

6

The Negotiators Toolbox

Increase in margins, price, value

Decrease in costs, purchases,professionals, people

Increase in value of relationship management,

business, employee personal

£5000

£3000

£2000

TOTAL £10000

Most people know what to do

and then don’t do what they know

Rate your Negotiating Skills on a scale of !!

!0----------100

Email

Telephone

Skype

Face to face?

How do you negotiate?

There are two types of people in the world! !1 - Those who don’t negotiate!!2 - Those who do negotiate

There are two types of prices in the world! !1 - For those who don’t negotiate!!2 - For those who do negotiate

www.derekarden.com

•Click to edit Master text styles

7 Secrets

Discount code for today!!

negotiation discount dvd!!negotiation discount download !

!

£247 with permission !to use the license

www.derekarden.com

•Click to edit Master text styles

MindsetBrain in gear - 1st negotiation in is with …?

#1

Proper Preparation

6P’s!You!

Your brand

Impression!management

#2

BP - TP - WAP!!

AP

Know what you want !

Research what they might want !

You must always have options

Positions#3

www.derekarden.com

Positions

BP - Best Position

TP - Target Position

WAP - Walk away position

AP - Alternative position

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ZOPA Zone of potential agreement

BP

BP

TP

TP

WAP

WAP

ZOPA

Ask and Listen!

Asking high quality questions and!

active disciplined listening

#4

Read people! and situations!

Notice what other don’t notice

#5

Psychology of tactics!Dirty or not?

#6

Good Guy / bad guy Higher

Authority

FlinchingTime

Bargaining?!Trading!Haggling

Trading “If you - then we”Have room to manoeuvre

Separate the people from the problem

#7

Creativity!Inventing solutions

#8

Confidence

#9

Rate your Negotiating Skills on a scale of !!

!0----------100

Discount code for Kent B2B!!

“negotiation discount dvd” !£57! !“negotiation discount download” !£37

£247 with permission !to use the license

www.derekarden.com

•Click to edit Master text styles

Discount code for Kent B2B!!

“negotiation discount dvd” !£57! !“negotiation discount download” !£37

£247 with permission !to use the license

www.derekarden.com

•Click to edit Master text styles

You become who you

spend the most time with

RULES - In pairs !

The objective of the game is to score as many lines as possible.

The game is the same as noughts and crosses.

TWO BOARD NOUGHTS AND CROSSES

Sign up sheets

Rate your Negotiating Skills on a scale of !!0----------100

The truth

about lying

Research - preparationAsking and listening

Positioning - BP-TP-WAP- AP

Confidence

Read people and situations

Haggle

Tactics

MEGA TIPS

Create solutions - variables

The Negotiators Toolbox