Posts Tagged ‘walking away’

Why A Missing Person May Be A Negotiator’s Best Friend

Friday, August 26th, 2011
Image Credit When Somebody Isn't There, They Control The Negotiations

When Somebody Isn't There, They Control The Negotiations

Is it possible that a person who is not present at a negotiation could be the one person who controls how the negotiation turns out? The answer, somewhat surprisingly, turns out to be an unequivocal yes! If you want to make this negotiating technique work for you (and learn how to defend against it), we’re going to have to have a talk…

What Is The Missing Person Authority Tactic?

In order for a sales negotiation to wrap up, you always need a person on your side of the table to approve the final deal. Once you’ve got all of the details worked out, the final step in the process is for the deal to be presented to this person in order to get their stamp of approval.

The missing person tactic occurs when after all of the negotiations have wrapped up, this very important person is nowhere to be found. If they can’t be found, they can’t sign off on the deal that has been reached. This means that things go into a weird sort of suspend animation while everyone waits for that person to reappear.

How Can You Use A Missing Person To Your Advantage?

The power associated with this tactic comes from the simple fact that all that waiting can play havoc with the other side of the table. As the days slip away, the simple fact that they are so tantalizingly close to having a completed deal starts to eat at them.

Soon they start to become desperate to close the deal. As they search for ways to move things to a close, they start to offer to make additional concessions. Perhaps small concessions in the beginning, but these can become much larger offers as time moves on. Although they are giving something up by making these offers, they view it as a last ditch effort to salvage a deal that seems to be slipping away.

The secret to the missing person tactic is that more often than not, the person with final approval authority really isn’t missing. Instead they just didn’t want to sign the deal as it originally stood. By making themselves “unavailable” they were able to ratchet up the pressure on the other side of the table and improve the quality of the deal that was finally presented to them.

How Can You Defend Against The Missing Person Tactic?

Hopefully you can see how powerful the missing person tactic can be. This does bring up the awkward question about what you should do if you find yourself in a situation where this tactic is being used against you.

Clearly you can’t stop someone from employing the missing person tactic against you; however, you can change how you and your firm react to it. The reason that this tactic is so successful is that it uses time to cause you to do things that you normally would not do.

When you find yourself being subjected to this tactic, the #1 thing that you need to do, and do quickly, is to let everyone at your company understand what is happening. You need to let them know that the negotiations have gone into a sort of “hold mode” and that they will remain there until the other side of the table decides to move things forward.

Your best defense is to do nothing. By not allowing the passage of time to get to you, you’ll take away the power that this tactic gives to the other side of the table. Eventually they’ll have to either make the missing person available to approve the deal or they’ll have to come back to the table and open up negotiations once again.

What All Of This Means For You

The world of negotiating is filled with different ways to bend the other side of the table to your way of thinking. The missing person tactic is a classic way of doing this.

By ensuring that a person who is required to approve any deal that is made becomes “unavailable”, you have the ability to put pressure on the other side of the table. As time drags on they’ll become more and more desperate to close the deal. This is when they will start to make more concessions just to wrap things up. You need to be careful to not fall into the same trap when this tactic is applied to you.

Time is a constant factor in any sales negotiation. Using the missing person tactic allows you to harness the power of time and make it work for you. As with all tactics, you need to be careful when and how you use this approach. Done wisely, and the missing person may turn out to be the most important member of your negotiating team!

- Dr. Jim Anderson
Blue Elephant Consulting –
Your Source For Real World Negotiating Skills™

Question For You: What do you think would be the right “trigger” that would cause you to start to use the missing person tactic?

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What We’ll Be Talking About Next Time

I love to negotiate. Give me an objective, sit me down across the table from somebody who has what I want and let me at them. However, as gung-ho as I am, there are times that I run out of new things to say. I’ve said it all. What should I do next?

Learn To Say “No” From A Russian

Friday, March 26th, 2010
Image Credit
Sometimes The Best Way To Get To “Yes” Is To Say “No

Sometimes The Best Way To Get To “Yes” Is To Say “No

So What’s So Hard About Saying “No”?

As I work with sales negotiators and teams of negotiators I am constantly surprised by just how hard it is for them to say one simple word: “No” . I’m not sure if it’s the way that we’ve been raised or if we all have some built-in need to make other people happy, but we sure seem to like the word “yes” more than we like the word “no”. Normally, this is no big deal – I mean who wouldn’t want to hang out with somebody who is always agreeable. However, this inability to say “no” can spell disaster when you are in a negotiation…

There Are A Lot Of Ways To Say No

The classic Russian sales negotiator is always shown as sitting on the other side of the table saying “no” (or “Nyet” if you prefer) over and over again. Why can’t we be more like them?

When you are in a sales negotiation, it’s sorta like you are dancing with the other side of the table. You go back and forth as you both try to drive the best deal for your side. However, there is one important difference between this interaction and dancing: you have a goal that you are trying to reach.

What the Russians know and we need to learn is that by saying “no” we can drive the other side closer to the goal that we want to achieve. If we don’t learn how to do this, we can get trapped in a sales negotiation that just keeps going on and on and on.

As with all things in life, saying “no” isn’t just as simple as saying the word and then being done with it. Instead (and as the Russians have shown us in countless international negotiations) there are a 1,000 different ways to say no and you really should learn them all.

The simplest way to say no is to simply say it. And then say it again. And again. And again. Often times the first few times that you say it, the other side of the table will ignore you – this isn’t what they want to hear. However, if you keep saying it over and over again, they will eventually get your point.

For variety, you can get up and storm out of a sales negotiating session. They do say that actions speak louder than words and by physically leaving you are very clearly saying “no”. When you return, that “no” is still on the table and the discussions can pick up from there.

Finally, silence is a very powerful way of saying “no” . Just by sitting there and not saying anything you send a very powerful message to the other side of the table and they’ll quickly get your point.

How To Say “No” And Leave The Other Side Happy

Clearly if you become known as the sales negotiator who always says “no”, you’re going to develop a reputation. You want to be careful and make sure that you use this powerful weapon to help reach a deal with the other side.

The power of the “no” comes from the simple fact that after you’ve been saying “no” for awhile, any time that you say “yes” to the smallest concession, the other side will experience a thrill that will make them happy. You can use this to your negotiating advantage.

What All Of This Means For You

All too often we try to hard to make others happy all the time. When we are involved in a sales negotiation, we need to turn this tendency off otherwise it may inhibit our ability to strike the best deal possible with the other side of the table.

The ability to say “no” is a powerful tool that we all have. There are many different ways to say “no” and as a sales negotiator you need to learn to use them all.

The real power of saying “no” is that when you finally get around to saying “yes” you’ll be that much closer to reaching your negotiating goal.

Question For You: Do you think that it is possible to say “no” too much during a negotiation?

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What We’ll Be Talking About Next Time

How many times have you really wanted something only to discover that its price was too high? What did you do then – give up and go away? As sales negotiators we are taught that everything can be negotiated; however, in our personal lives (as well as our professional lives), if we see a price written down, we shrug our shoulders and say “well, that’s that” . Turns out that we’ve been getting it wrong all this time…