
Threatening to walk away from a negotiation might sound like a powerful tactic. But what happens when someone calls your bluff?
In this episode of Sales Today, Fred Copestake is joined by Mark Raffan, the Negotiations Ninja, to explore why walking away from a deal isn't always the clever negotiating move people think it is.
Mark challenges the common misconception that walking away is a negotiation strategy, explaining why having genuine alternatives, preparing properly and understanding what you actually want are far more important than making empty threats.
Fred and Mark also discuss the psychology behind negotiation tactics, why salespeople are often too quick to offer discounts, and where the line sits between persuasion and manipulation.
In this episode:
- Why threatening to walk away can seriously backfire
- The difference between walking away and having a genuine BATNA
- Why preparation is essential for successful negotiation
- How buyers use simple tactics to encourage concessions
- Why salespeople shouldn't panic when a customer says no
- The surprising role of CRM in negotiation preparation
- The difference between persuasion, manipulation and ethical negotiation
Because good negotiation isn't about winning a battle. It's about finding an agreement that works for both sides.
Connect with Mark:
LinkedIn: https://www.linkedin.com/in/markraffan
Website: https://negotiations.ninja
Follow Fred: https://linktr.ee/fredcopestake
Watch this episode on YouTube: https://youtu.be/LK5-wxsMKGQ
Watch Fred's FREE YouTube Course: Sales Mastery for Engineers: https://bit.ly/Sales-Mastery-For-Engineers
Useful resources
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Check how well your sales approach fits today's buying environment https://collaborativeselling.scoreapp.com/
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