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What are the fatal mistakes of a sales person during the negotiation process?

During the negotiation stage, any mistake that you make will affect your chances to get the deal. Your counter part may ignore some mistakes, but which mistakes are fatal?

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Question added by Ibrahim Hussein Mayaleh , Sales & Business Consultant and Trainer , Self-employed
Date Posted: 2014/08/11
Hiras Kariyattil Muthunny
by Hiras Kariyattil Muthunny , Chief Marketing Officer , Smart Consulting Solutions Pte Ltd

Lack of information about the product 

Unable to communicate the information

Not being a good listener 

 

mohd jalal judi
by mohd jalal judi , Business Development Manager , ALinma Tokio Marine

Try to burn the process and bad listener

padmakumar pathiyil
by padmakumar pathiyil , Marketing Consultant , Management Consultancy

Poor listening skills and being aggressive can be fatal during negotiation.

Socrates Chinniah
by Socrates Chinniah , Manager - Strategic Planning , TechnipFMC India

1) Inconsistent statements 

2) Being very aggressive or being pushy 

3) Not being attentive / Causal attitude

Charles Kahwa
by Charles Kahwa , Head Waiter , HILTON HOTEL HABTOOR

  1. lack of information about what your selling to the customer
  2. poor negotiation skills
  3. lack of confidence 
  4. poor communication skills

Junaid parkar
by Junaid parkar , Senior Accountant , Takenaka - New Doha International Airport (Emiri Terminal and mosque)

being very aggresive and pushy

Sidvin Shetty
by Sidvin Shetty , Trade Marketing Executive , Al Khayyat Investments

In a Negotiation 'A Salesmen' should know the Objective of the negotiation process & understand the 'Buyer's' Perspective before even initiating the process of Negotiation.

Most Salesmen FAIL because:

They forget the process of creation of Value to the Buyer, they forget to realize that he needs to show the benefits of the product, what value it is going to create in the Buyer's Portfolio:

Either it could be increased sales, More outlet attention, activities of the brand (BTL) etc

If he fails to realize this, he already started the negotiation to LOSE ...

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