Simplify Negotiations with the Six Rules of Effective Communication

To negotiate effectively, you must be able to communicate effectively. Unfortunately, most salespeople and businesspeople don’t realize the importance of solid communication skills to the negotiation process. As a result, they lose sales or don’t get the best possible deal.

However, as a salesperson, you are not doomed to the mixed messages and meanings characteristic of poor communication skills. With a conscious effort, all business and sales professionals can overcome the communication barriers that block understanding in negotiation. With a little extra effort, you can improve the delivery of your message to your counterparts and work together toward a mutually beneficial agreement.

Use the following six rules for effective communication to connect with others at the negotiating table and in all forms of communication:

Rule 1: Organize Your Thoughts

Throughout the negotiation process, always allow yourself time to organize your thoughts to avoid conveying the wrong message or confusing the issues. Before you start the negotiation process, and even after it starts, take notes and plan what you’re going to say.

To help you express your thoughts clearly when the negotiations begin, outline in advance the main points you want to cover. Planning the gist of what you’re going to say is the most effective way to avoid sending mixed messages, but don’t stop with that. As the negotiations commence, continue to take notes and plan your responses as you go through the entire process. And remember, no law exists that says every statement must be met with a response within five seconds. Take your time. In fact, silence can be one of your most powerful negotiating tools.

Stop talking whenever you feel like you need to reorganize yourself and before you respond to anything that’s said. And make sure everything you say reflects the true meaning of your thoughts. This tactic not only helps you organize what you’re going to say, but it also helps you digest what your counterpart proposes.

Rule 2: Don’t Think About It; Think Through It

Thinking about something leads to confusion, but thinking through something leads to clarity. The difference between these two processes is a crucial distinction in communication. Many times, people approach negotiations with a mindset of, “Tell it like it is, then let the chips fall where they may.” But by processing an idea through to its logical conclusion, you can evaluate the possible responses you may get from the other side.

For example, if you make an offer and say, “Take it or leave it,” what kind of response would that produce? The other party may say, “Okay, we’ll take it.” They could say, “Thanks, but no thanks.” They could say, “We won’t take it, but here’s what we will accept.” Or they might say, “No one talks to us that way!” and walk out of the room.

A range of possibilities exists, and this tactic requires careful reading of the other person’s reactions. But if you feel from your experiences with the person that they will either accept your offer or your counteroffer, it makes sense to speculate and take the chance. So give some thought to your counterpart’s possible reactions to your points before you actually make them.

Rule 3: Recognize that Actions Speak Louder than Words

Experts say that seventy-five percent of communication is nonverbal. This means that the messages negotiators convey have more to do with their looks, their actions, and the way they say things, than with the actual words they say.

The best negotiators practice saying and doing things in ways that send precisely the message they want to send. The bottom line is that the better you become at using nonverbal communication and reading the nonverbal messages others send, the more effective you can be as a negotiator. Realize that everything you do at the bargaining table is part of the communication and negotiation process. So make sure you don’t send the wrong messages by doing something that conflicts with what you want to say.

Rule 4: Be Concise

Most people tune out a majority of what they hear, so you should always be concise and get right to your point. Say what you mean in as few words as possible, without being blunt. If you drone on, people will stop listening to you. To ensure your message reaches your counterpart, always oversimplify your message, and then elaborate as they ask questions. Repeat your main point several times to emphasize what’s most important.

To boost your negotiating power even more, practice saying everything clearly and concisely, then repeat your key points to yourself again and again. One main problem with negotiation communication occurs when your counterpart gets too wrapped up in what they want to say, that they don’t pay attention to what you say. This is why it is so important to organize your thoughts, and say your main points in a concise, compelling way.

Rule 5: Always Translate Your Message into Benefits for the Other Party

People always listen more carefully when they believe some benefit exists in your message for them. In negotiations, focus on that benefit, even when the underlying purpose of the message is in your favor.

For example, when you interview for a new job, you don’t talk about the huge salary the company can offer you. You talk about all the great skills you can bring to the company, for their benefit. You try to convince them that they’ll be ahead of everyone else by hiring you, regardless of the cost.

As a salesperson, you should always highlight the value of your product or service, rather than the cost. Always talk in terms of what benefits the other party receives as a result of the negotiation terms.

Rule 6: Listen Carefully to the Other Party

If you want to reach a mutually beneficial agreement, you must make sure your message are heard and understood. But don’t get so caught up in your own message that you don’t hear and understand what the other party needs to reach an agreement. Use the following tips for listening more effectively:

  • Open your mind and be receptive to the other party’s message.
  • Make a commitment to listen, and follow through with this commitment as soon as they start to talk.
  • Listen for feelings, as well as facts, and consider the other party’s concerns.
  • Eliminate distractions. Close your door, turn of the radio, and tune in to the other person.
  • Respond to the other party with questions that stimulate conversation and clarify your understanding of his or her message.
  • Take notes on the important points the other party makes, and keep these points in mind as you formulate your responses.

As you improve your listening skills, you increase your negotiating effectiveness by collecting more information to use in your search for solutions. Communication is the Key to Effective Negotiation Communication is a two-way street that requires everyone involved to exchange messages. To negotiate more effectively, you must relate to the other party with strong communication skills. By using these six rules for effective communications, you can overcome barriers, reach a higher level of satisfaction every time you negotiate, and win more sales in the process.

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Debt Relief Advice – Tips For Negotiating Debt on Your Own

Debt relief advice is very necessary for all those who are thinking of solving their liability issues through one of the debt relief options. Debt relief advice can be obtained free through different channels including: blogs, articles, government websites, online forums and private website.

One of the most viable and the most appropriate solution to all debt issues is debt settlement. Only those people can exercise this option that have owed more than $10,000 and have not yet paid it back. According to the rules of this method; the debtor has to negotiate with the lender on his own or he can hire a negotiation company. The debtor bargains and persuades the creditor to provide him with a huge percentage of discounts on the total money he has to pay back. Once the debtor gets the discount he can repay the remainder amount through easy loan installments which include minimum interest rate and maximum repayment time schedule.

As stated above that the debtor can use his own skills to negotiate; he should have the appropriate skills to do so. This is because it is not very easy to tackle a creditor. In older days negotiation was a huge issue because creditors never wanted to give a huge discount; now day’s creditors are themselves giving huge discounts because they get the remaining part of the amount from the government. So negotiating should not be a huge problem and it is not necessary to hire a settlement agency.

Hiring a negotiation agency has become very easy because the fraud companies have left the industry due to the new rules and regulations made by the government. As fraud companies have left; the amount of competition in the industry has even fallen and settlement companies have charging higher rates so sometimes it does not sound feasible to hire a settlement firm. So you can save money by negotiating on your own.

To negotiate on your own you need to be determined and you should be convicted towards attaining the goal. You need to acquire proper negotiation skills your negotiation skills should be equivalent to the negotiation skills of a lawyer. You should be persuasive and should be able to tackle the creditors. The creditors will not be very hard to persuade as they themselves are willing to allow you to settle the liability amount. This is because of the benefits that creditors experience if they allow their clients to settle the owed amount.

Essentials of Negotiation

Factors that affect your ability to negotiate

Most people who are successful are masters in the art of negotiating. There are many factors that could affect a person’s ability to negotiate. You may have all the means at your disposable but if you lack these basic abilities you may not be able to negotiate the right deal. Here are a few important factors that are considered to be essential if you want to master the art of negotiation.

a) Your negotiating skills are affected by your ability to get things done. For instance when you generate competition you have better negotiating power. You ability to get things done will be affected by your attitude, expertise, persistence and persuasion. When negotiating it is important that you get many people agree to you. When you have majority with you, it is easier to negotiate. When negotiating it is important that you take calculated risks but avoid taking stupid risk. When you take calculated risks you gain power to negotiate a better deal.

b) The time you have also plays an important role when negotiating. Usually, the party that has more time in hand has an advantage when negotiating. When negotiating never let the other party how important and urgent the matter is. You have to maintain you’re cool and always appear to be calm. You may have a deadline but never let the other person know your deadline.

c) When negotiating it is important that you have all the possible information. Do your research before you begin the negotiations. When you get any new information, make sure you act on information you receive. Keep your eyes and ears open as it will help you pick up some clues from the behaviour of the other party. There response to a situation will help you get valuable information.