Negotiation and Closing Strategies

Learn how to use the sales cycle and come fully prepared with strategies and tactics to the negotiation table.
4.61 (9 reviews)
Udemy
platform
English
language
Sales
category
Negotiation and Closing Strategies
76
students
7 hours
content
May 2023
last update
$59.99
regular price

Why take this course?

🎓 Master the Art of Negotiation and Closing Deals with Anders Lindstrom's Course! 🚀


Course Title: Negotiation and Closing Strategies

Headline: Learn how to use the sales cycle to your advantage and come fully prepared with strategies and tactics to the negotiation table.


Course Description:

Welcome to our comprehensive course on Negotiation and Closing Strategies! Throughout this engaging online experience, you'll learn how to navigate the sales cycle effectively, prepare for successful negotiations, and ensure customer satisfaction that will set the stage for even greater success in future negotiations. 🤝🌟


Module 1: The Sales Cycle Explained

We kick off our journey by demystifying the sales cycle. This module sets the foundation for your understanding of how a deal flows from initial contact to final closure and beyond. You'll gain insights into the course structure and what you can expect as you progress through each module. 📈


Module 2: Preparation is Key 🔍

During this phase, preparation is not just important—it's critical! Here's what you'll learn to master the art of preparation:

  • What Drives a Purchase Decision: Understand the factors influencing your client's decision.
  • Negotiation Roles: Identify and play your role effectively within the negotiation team.
  • Preparing Negotiation Strategies: Develop robust strategies tailored to the deal at hand.
  • Influencing the RFQ: Learn how to shape the Request for Quote to your advantage.
  • Understanding Competition: Analyze and leverage your knowledge of competitors.
  • War Room Team Preparation: Build a team that can provide diverse insights and strategies.
  • Fulfilling the Customer's Must-Haves: Ensure you meet all critical requirements before entering negotiations.
  • Identifying Value Drivers: Pinpoint what truly adds value for your customer.
  • Understanding Time Constraints: Learn to work within tight timelines effectively.
  • Understanding the Bargaining Zone: Find the sweet spot in negotiation where deals are made.
  • BATNA (Best Alternative to a Negotiated Agreement): Strengthen your position by knowing what you can walk away with.
  • Plan Concessions & Asks: Learn when and how to offer concessions and ask for what you need.
  • Prepare More than One Offer: Be ready with multiple options to ensure a mutually beneficial deal.
  • Build Rapport: Foster trust and connection with your counterpart.

Module 3: The Heart of Negotiation 🗣️

In this module, you'll apply the strategies from your preparation phase to the negotiation table. Key topics include:

  • Manage Expectations: Set realistic goals and expectations for both parties.
  • Useful Negotiation Strategies & Tactics: Deploy advanced techniques to navigate complex discussions.
  • Listen and Observe: Master the art of listening actively and observing the subtle cues in negotiations.
  • Manage Biasing: Recognize and mitigate biases that could hinder your negotiation process.
  • Focus on TCO (Total Cost of Ownership): Go beyond price to discuss the full value proposition.
  • Avoid the Commodity Trap: Differentiate yourself from commodity providers.
  • Persuasion Techniques: Learn how to persuasively argue your case without being aggressive.
  • They're 20% Cheaper than You...: Address price objections confidently.
  • Useful Phrases: Employ language that facilitates negotiation and builds rapport.
  • Closing the Deal: Know how to bring a negotiation to a successful close.
  • To Leave or Not to Leave: Decide with confidence whether to walk away or stay at the table.
  • How to Manage Tough Wins: Handle winning tough concessions responsibly.

Module 4: Closing the Deal and Beyond 🎭

As you wrap up your negotiation, this module will guide you through the final steps:

  • Test Questions: Test your knowledge with interactive quizzes to reinforce your learning.
  • Course Summary: Review all key concepts and strategies covered throughout the course.
  • Further Reading: Discover additional resources to continue honing your skills.

By the end of this course, you'll have a deep understanding of how to strategically plan your negotiations and execute them with confidence and skill. Whether you're a seasoned negotiator or new to the art, this course promises to elevate your game and lead to more successful deals. 🏆

Enjoy the journey of learning, and here's to your future successes in negotiation! Let's get started! 🚀✨

Course Gallery

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5293384
udemy ID
26/04/2023
course created date
27/10/2023
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