Learning Negotiation From The Young: Choosing The Right Strategy For Your Sales Negotiations.

Have you ever tried to reason with with a 2 year old?

Were you surprised with their negotiation skills?

Well, my son is now almost 2 and half years old and has now discovered that he has a will - a very strong will at that. Typical of children his age, he is far more interested in getting what he wants than with complying with his mother or father's wishes.

It seems to me that as children we tend to be assertive rather than accommodating in our communication with others. We are only concerned with meeting our own needs and wants rather than satisfying the needs and wants of those around us.

It is only as we grow older that we learn the world does not in fact revolve around us and that we have to fit into our environment in a responsible and positive way. We learn that we can not only do as we wish but also have to consider the rights, feelings and desires of others.

This made me think about the 5 fundamental negotiation approaches and how you can use them to support the achievement of your negotiation goals.

1.Competitive negotiation

This is a way of negotiation that is primarily assertive and focused on your own needs, wants and goals.

2.Accommodating negotiation

This is a style of negotiation that is primarily focused on the needs, wants and goals of your counterparts whilst ignoring your own needs. Sales training seminars often advocate this negotiation strategy as the most suitable strategy.

3.Compromising negotiation

Probably the most famous of all negotiation strategies. This is a mode of negotiation where you meet your counterparts halfway. You get some of your needs, wants and goals met and you do the same for your counterpart.

4.Collaborative negotiation

This is a mode of negotiation where you attempt to meet all of the needs, desires and objectives of your counterpart and they do the same for you.

5.Avoiding negotiation

This is a way of interaction where you do not regard negotiation as the best way to attain your objectives.

The key factors which will determine which of the above approaches should be in your negotiations is to respond to the following 3 questions:

a.How important is an ongoing relationship to you?

If the relationship is important, then you will not be able to be only assertive, you will have to at least compromise with your counterpart. If you do not satisfy the desires of your counterparts, then it is unlikely that a meaningful relationship will develop.

b.How many options are available to you?

If you have a host of alternatives available, you can afford to be more competitive. On the other hand, if you have only one option, then you will be required to be more accommodating.

c.How much time do you have available?

If you have a lot of time available, then you can afford to be more competitive. The less time you have, the more accommodating you will have to be.

As you can see, it is important to ask yourself these three questions before you start negotiating so that you can pick the approach most suited to the situation at hand rather than just pursuing a negotiation strategy solely based on your preference.

It is also important to remember that you should be flexible in your approach. You may want to change your strategy as new information becomes available during your negotiations.

Why It Is Imperative To Create Teamwork In Order To Maximise Your Home Business
Attraction marketing these days is all about relationships. The concept of attraction marketing has become exceptionally popular because it focuses on just that, creating valuable relationships, giving something not just simply trying to sell something. Reciprocity is of utmost importance, giving to receive is absolutely the key here :)

Coaching Training: The Best Formula For Business Success Today
These days, the term "coaching training" has been widely used in newspapers and business magazines. It seems to send an atmosphere of joy and excitement in the business world. What is the concept of "coaching training", and why has even world class business leaders accepted the term without any resistance?

Don't Lose Money On A Bank Card Processing Account For Your Business.
The merchant account marketplace can be very complicated. Read this article to find out what you need to know.

The Merchant Card Account Market, The Merchant Warehouse And The Amount Of Customer Service Required
Merchant accounts are very complex and can be much more expensive than they first seem. Read this article to find out how to avoid the pitfalls.

Offering Settlement Flexibility To Your Clients With The Use Of Merchant Accounts.
Getting the wrong merchant account can be very expensive. Read this article now to understand ways to find the best and cheapest processing companies.

What Are The Procedures To Get Listed?
There are different ways to go public in the US. There are three major levels of listing: OTC PinkSheets, OTC Bulletin Board, and major exchanges.

Methods To Protect Your Invention To Combat Copycats As Soon As You Have An Innovative Invention Concept
When you come up with a new invention idea its like having that magic Eureka moment. One of the first things you should do is look to get a patent to protect you from copycats.

Minimize The Costs Of Your Respective Legal Transactions Along With Free Legal Documents On Line
You can save a lot of money in everyday legal transactions by going online. Here you can find a wide range of free legal documents that can be downloaded and printed off.