In-house trainingSales Negotiation
Key Outcomes
Prepare before the conversation, not during it
e.g., set your target, your walk-away point and your best alternative before the buyer calls
Find what the buyer needs behind the demand
e.g., a "10% off" request may really mean "I need to justify this to my director"
Trade concessions instead of giving them away
e.g., "If you can commit to a 12-month term, we can adjust the price"
Read indirect signals and keep goodwill
e.g., notice when "we'll consider" means "no", and ask a gentle question to find out why
Why teams need this
When a buyer pushes on price, most salespeople do one of two things. They give a discount at the first push, or they dig in and the buyer walks. Either way, margin or the relationship pays for it. In Malaysia there is an extra risk. Asialink Business notes that Malaysians "will seldom provide a direct negative answer", so a salesperson can miss the signs that a deal is slipping.
