How to Use "One Last Thing" as Leverage in Negotiation

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  • Опубликовано: 27 ноя 2024

Комментарии • 2

  • @shreeabraham
    @shreeabraham 9 месяцев назад

    🎯 Key Takeaways for quick navigation:
    00:00 🕵️ *Leveraging Closure as Negotiation Power*
    - Introduction to the concept of closure as an often unrecognized source of leverage.
    - Exploring how the willingness to close a deal can be a powerful negotiating tool.
    - Examples illustrating the strategic use of closure in negotiations, particularly in job offers.
    01:22 📈 *Assurance of No Further Negotiations*
    - Emphasizing the importance of assuring the other party that after a specific concession, there will be no more negotiations.
    - Providing a job offer scenario to illustrate how this assurance can be applied effectively.
    - Highlighting the psychological impact of closing the negotiation, making the other party more willing to agree.
    02:29 🤝 *Encouraging Trust Through Closure*
    - Discussing concessions that are often withheld until the last day of negotiations.
    - Explaining how offering closure builds trust and confidence in the negotiation process.
    - The strategic timing of presenting closure as a tool to incentivize the other party to offer more value.
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