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Okay. we are going to have a little bit of a follow up
we're gonna have a little bit of a follow up here and so what I like to do
here. And so what I'd like to do is very
is very quickly talk about what we just saw in our discussions in our
quickly talk about what we just saw in
conversations so getting more information is key
our discussions, in our conversations. So
what do we mean when we talk about getting more information look back at
getting more information is key. What do
the conversation that the dialog you can see that each side is trying to say all
we mean when we talk about getting more
know your information is wrong let me tell you my information
information? Look back at the
no no your information is wrong let me tell you my information so both sides
conversation, at the dialog. You can see
are always trying to influence or give out that information because information
that each side is trying to say, "Oh no
is king and negotiation information is everything this is key to assess
your information is wrong. Let me tell
successful distributed bargaining before goals of the negotiator include one find
you my information. Oh no no your
out the other side's resistance . to influence the other side's guesses three
information is wrong let me tell you my
influence the other side's outcome evaluations and for influence the cost
information." So both sides are always
of delaying or leaving the negotiation the ways to actually get this done are
trying to influence or give out that
called the tactics and we kind of mentioned these already right let me
information because information is king
just review them quickly because they're so key right
in a negotiation. Information is
what we want to do is we want to keep our secret secret and we want to get the
everything. "This is key to a
other side secret information we want to try to figure out the resistance . if we
successful distributive bargaining." "The
can we wanted if we could get their target price that would be good
four goals of the negotiator include one
we want to influence what they think of us and then we want to influence what
find out the other side's resistance
they think the value really is and now we're going to look at a few specifics
point. 2.) Influence the other side's
it's a little bit too tiny here for the screen but you can look inside your book
guesses. 3.) Influence the other side's
and get the details what we're doing is we're looking at very specific tactics
outcome valuations. and 4.) Influence the
to see so what we do is we started out at the beginning talking about the big
cost of delaying or leaving the
idea making some goals getting a gold package and we talked about some overall
negotiation. The ways to actually get
strategies the four big strategies now we're talking about distributive
this done are called the tactics." And
negotiation then we get down to how do you actually do it what is the actual
we've kind of mentioned these already
tactics that you use and now we're down to the very specific kinds of words you
right? but we just review them quickly
can use and the specific kinds of tactics you can use i'm not going to go
because they're so key, right? What we
over each one in a super detail but what I would like to do is just quickly shoot
want to do is we want to keep our secret
over a few of them in direct assessment for example in direct assessment means
secret, and we want to get the other side
how can you find out what the other side resistance point is how do you find out
secret information. We want to try to
what that resistance is how do you find out what that target is you can try to
figure out the resistance point if we
check information maybe check the newspaper check some articles check the
can. We want to, if we could, get their
accounting public accounting statements of the other company so you can always
target price. That would be good. We want
try to get information check the internet so you can find something out
to influence what they think of us, and
about the other side and that information will help you understand
then we want to influence what they
this product or this price that you're negotiating over now so indirect meaning
think the value really is. Okay, now we're
try to find some information from another way direct assessment means find
going to look at a few specifics. It's a
information directly from the other side
little bit too tiny here for the screen,
how do you do that well you could just ask right it's very doubtful though tell
but you can look inside your book and
you but you never know they might not be careful about keeping their secret
get the details. What we're doing is
information secret so you could just ask another one is when they talk listen
we're looking at very specific tactics,
carefully to what the other side says they may be giving you a clue about the
you see. So what we did is we started out
resistance . and me giving you a maybe maybe giving you a clue about their
at the beginning talking about the big
limits you are you listening in other ways you can just ask somebody on the
idea, making some goals, getting a goal
team or maybe you have friends of friends of friends maybe you know
package. Then we talked about some
someone who knows someone who knows someone at the company that's another
overall
way it's also kind of it sounds indirect but actually a little bit direct because
strategies, the four big strategies. Now,
you're getting information from people there that
we're talking about distributive
another direct way actually screening selected presentation emotion all of
negotiation. Then we get down to how do
these are ways to observe the other side or influence the other side to make them
you actually do it? What is the actual
think something which you want them to think we can make them react in some way
tactics that you use? And now we're down
to give you some information you can also use logic and hide information from
to the very specific kinds of words you
the other side keep your secret information secret hide some information
can use and the specific kinds of
like what is your inventory what are your sales numbers
tactics you can use. So I'm not going to
what is your cost what is your capital cost what is your manufacturing capacity
go over each one in a super detail, but
you can keep these things secret even hide them and that could actually
what I would like to do is just quickly
influence the other side so you can use logic you can use outside partners you
shoot over a few of them. Indirect
can change the schedule of the meeting for example I were supposed to meet this
assessment, for example. Indirect
morning but actually we can't make it we have to postpone the meeting until
assessment means how can you find out
tonight or maybe the other team is flying in on an airplane and fly for 12
what the other side's resistance point
hours on a flight then you scheduled a meeting for early in the morning the
is? How do you find out what that
next day and they only get a few hours sleep so you can schedule things or
resistance is? How do you find out what
change schedules to make the other side more tired how does this help you
that target is? You can try to check
it may mean that they're not so good at keeping their secret they make mistakes
information. Maybe check the newspaper.
and tell you information that they would rather not tell you i know that all
Check some articles. Check the accounting,
sounds a little bit kind of sneaky little bit harsh but these are tactics
a public accounting statements of the
that are used in negotiation again the key point to remember is you want to get
other company. So you can always try to
the other side secret information anyway you can so now i want to look at some
get information. Check the internet. See
negotiation positions we kind of talked about this earlier in another unit when
if you can find something out about the
we talked about how do you begin the first offer how do you do a follow-up
other side, and that information will
offer so what I want to talk about is the tactics tactics you use to actually
help you understand this product or this
influence or to give the signal to help you win
price that you're negotiating over now.
as you negotiate remember first that distributive bargaining is all about
So indirect meaning try to find some
getting something from the other side so it's important that the other side give
information from another way. Direct
up something and you don't give up something where the other side gives up
assessment means find information
more and you give up less the key to this is the start with an opening offer
directly from the other side. How can you
that is not close to the resistance . remember that even your target . right
do that? Well, you could just ask, right?
we talked about what your target price what's your resistance now you want to
It's very doubtful they may tell you, but
be away from your resistance and then you want to even be a little bit away
you never know. They might not be careful
from your target because the other side will push you over your target now of
about keeping their secret information
course once you begin you can say things like in this example I won't give up
secret so you could just ask. Another one
anything I I want to help you but I'm not going to give up anything so this is
is when they talk, listen carefully to
kind of the stand you need to take I'm trying to cooperate but i'm not going to
what the other side says. They may be
give anything up
giving you a clue about the resistance
I want to help you but I'm not going to give in i would like to come to an
point.They may be
agreement but this is my bottom line
giving you a clue about their limits. Are
so this is the kind of normal negotiation stand you take with your
you listening? In other ways, you can
position you try to sound like you're helpful but actually you're going to
just ask somebody on the team or maybe
keep a solid position you're not going to move now that's what you present to
you have friends of friends of friends
the other side that's what you make the other side here so that they think
maybe who know someone who knows someone
you're being positive and actually you're trying to also be tough
who knows someone at the company. That's
so what we have you are basically two attitudes friendly I'm trying to help
another way. That....
you and tough
sounds indirect, but it's actually a little
I cannot give you anything more friendly I want us to be happy I want us to win
bit direct because you're getting
win but tough this is my bottom line
information from people there. That's another
so these two ideas together these two attitudes these two ways these two
direct way actually. Screening, selective
tactics to express yourself call them friendly and tough one way is friendly
presentation, emotion-- all of these are
one way is tough now when you negotiate you mix these together of course but you
ways to observe the other side or
tend to prefer one are you going to be mostly friendly are you going to be
influence the other side to make them
mostly stuff so if you're going to be mostly friendly than the opening offer
think something which you want them to
is going to be further from the resistance . and if you're going to be
think or to make them react in some way
tough
to give you some information. You can
in other words if you're going to be friendly then your resistance . you need
also use logic and hide information from
to begin much further away because you're going to have to give up more can
the other side. Keep your secret
you trying to be nice you're trying to be friendly okay i'll give you something
information secret. Hide some information
i'll give you something i'll give you something
like what is your inventory? what are
this makes the other side think that you're you're being friendly
your sales numbers? what is your cost?
you're cooperating so you give up more and then they give up more and then you
what is your capital cost? what is your
come to a conclusion sooner the other ways to be tough and it's gonna be tough
manufacturing capacity? You can keep
that means I don't give in i don't give you one cent I don't get one dollar you
these things secret. You can hide them
keep saying it's my bottom line I cannot give you any more but if you do that
and that could actually influence the
then you must begin closer to your resistance . because the other side is
other side. So you can use logic. You can
going to keep trying to push you but you're not going to move you begin very
use outside partners. You can change the
very far away and you're very very tough it's going to be very hard to get an
schedule of the meeting for example. "Oh,
agreement because you're so far and you're not going to move and remember in
we're supposed to meet this morning, but
negotiation it's a process you have to give things up
actually we can't make it. We have to
you cannot give nothing up right but the question isn't distributive can we give
postpone the meeting until tonight." Or
up les and can we get more
maybe the other team is flying in on an
even though the other side may not like the tough attitude this approach can
airplane, and they fly for 12 hours on a
make the negotiation shorter because you begin closer to your resistance and you
flight. Then you schedule the meeting for
say that's it that's all I'm going to do and I'm not going to change and if you
early in the morning the next day, and
give something you get very very little bit at one time and then the other side
they only get a few hours sleep, so you
gets tired and then you come to a conclusion faster on the other hand if
can schedule things or change schedules
you're going to be friendly you need to begin further away and if you begin
to make the other side more tired. How
further away from your resistance . you have to give up something give up
does this help you? It may mean that
something talk talk talk to give up something give up something and it takes
they're not so good at keeping their
more time so the tough negotiation
secrets. They may make mistakes and tell
although it seems like it's harder actually in the end may make the
you information that they would rather
negotiation shorter not always but it is possible
not tell you. I know that all sounds a
once the other side sees how hard it is they're going to give up they don't want
little bit kind of sneaky, a little bit
to keep fighting and then you can move forward okay but if you're too tough
harsh, but these are tactics that are
if you're too hard what happens well if you're too tough
used in negotiation. Again, the key point
if you're too hard if you're too far from the resistance . and you're over
to remember is you want to get the other
the other side resistance . to just walk away
side's secret information any way you can.
they will give up they will not negotiate that's possible
So now I want to look at some
ok now let's go ahead and look at a nice simple diagram here in this diagram we
negotiation positions. We kind of talked
can see what i'm talking about a little bit more graphic goal right let me give
about this earlier in another unit when
you a nice killed clear look at that so we have an average right and this is
we talked about how do you begin the
moving through time moving through time so we're going to be moving across time
first offer? How do you do a follow-up
from the opening offer up here over to opening attitude first concession more
offer? So what I want to talk about is
concessions final offer over there at the end so we begin and then we continue
the tactics, the tactics you use to
until the end
actually influence or to give the signal
so what happens when we have our opening offer
to help you win as
well
you negotiate. Remember first that
let me give you a nice clear shot here nice close-up opening offer don't start
distributive bargaining is all about
to close to your resistance . start further away and then opening attitude
getting something from the other side. So
means you start out friendly or tough you can be friendly or top of course you
it's important that the other side give
have a little bit of both baby mostly friendly or mostly top but you can't
up something, and you don't give up
really be half tough and half friendly because the other side will be confused
something, or the other side gives up
at one minute you say I will not give it give anything
more, and you give up less. The key to
this is my bottom line okay i'll give you what you want but that's my bottom
this is to start with an opening offer
line
that is not close to the resistance
okay i'll give you that too but that's my bottom line okay i'll give you $MONEY
point. Remember that? Even your target
but that's really my bottom line this is my last bottom line is sealing system
point, right? we talked about, what's your
very strange right
target price, what's your resistance. Now,
can't really do that so what do we do if you're going to be friendly start
you want to be away from your resistance,
further away from your resistance . if you're going to be tough
and then you want to even be a little
the game closer but try to be mostly one or the other so as you move across you
bit away from your target because the
have a consistent attitude if you take a strong stand then your first concession
other side will push you over your
will be tiny if you take a friendly one and maybe bigger and you may get more
target. Now, of course, once you begin, you
and then you give more concessions
can say things like in this example, "I
how many do you give if you're being friendly you give many if you're being
won't give up anything. I want to help
tough you give you and finally you get to the final offer
you, but I'm not going to give up
so the key point here is to remember the negotiation has a beginning and an end
anything." So this is kind of the stand
you gotta move through time as you move through time you're going to give
you need to take. "I'm trying to cooperate,
something
but I'm not going to give anything up. I
how much do you give and how much time does that take those are key questions
want to help you, but I'm not going to
are you being friendly or are you being tough
give in. I would like to come to an
ok let's do a little bit more follow up here and then this follow-up if the
agreement, but this is my bottom line." So
concessions are made in negotiation when I move for what does this mean if you
this is the kind of normal negotiation
don't give anything you cannot possibly move forward
stand you take with your position. You
you gotta give something gotta give something kind you cannot give nothing a
try to sound like you're helpful, but
tough stand fewer concessions a friendly Stan more concessions in both cases
actually you're going to keep a solid
concessions are important so I don't want to tell you be tough and you never
position. You're not going to move. Now
give anything to give something but how many concessions and how much do you
that's what you present to the other
give depends on your stand concession should become smaller though even if
side. That's what you make the other side
you're being tough even if you're being friendly your concession should become
hear, so that they think you're being
smaller and smaller
positive when actually you're trying to
in this way the other side will think the concessions are nearing the
also be tough. So what we have here are
resistance . let me give you a little picture here to show you what i mean so
basically two attitudes: friendly, I'm
I like this picture but it's very easy to understand so what we're seeing in
trying to help you, and tough, I cannot
this picture here is as the negotiation moves forward you give more concessions
give you anything more. Friendly-- I want
you begin you give something you give something to give something
us to be happy. I want us to win win, but
ok now what you can do is you can say i'm going to give you something for
tough-- this is my bottom line. So these
dollars or you can say i'm going to give you nothing zero dollars so I'm going to
two ideas together, these two attitudes
give you nothing i'm not going to give I'm not going to give up anything i'm
these two ways, these two tactics to
not going to change at all or I can say here four dollars so what does this mean
express yourself, call them friendly and
what I give you four dollars up i'll cut the price for dollars for you and then
tough. One way is friendly. One way is
you sell thank you okay
tough. Now when you negotiate, you mix
blonde and then I say okay I cut the price another four dollars for you using
these together of course. But you tend to
okay thank you but you know the price is still too high and I say okay i'll cut
prefer one. Are you going to be mostly
the price for dollars for you to follow me
friendly or are you going to be
so if I keep giving you four dollars four dollars four dollars
mostly tough? So if you're going to be
what do you think you think what he gave me four dollars and he gave me four
mostly friendly, then the opening offer
dollars and he gave me four dollars
is going to be further from the
can give me another four dollars so if you give up more and you keep giving the
resistance point, and if you're going to
same amount then the other side will think you can still give more but a
be tough, in other words, if you're going
better way is you begin by giving four dollars and then next time you give two
to be friendly, then your resistance
dollars then next time you give one dollar and in this way it looks like
point, you need to begin much further
you've already given everything you can give so I begin by giving up a little
away because you're going to have to
bit more then i give a little bit less then I give a little bit less and each
give up more beacuse you are trying to be nice.
time I give less now it looks like i have no more to give you see so over
You're trying to be friendly. "Oh Ok. I'll
time if you're being tough or if you're being friendly the same thing is just
give you something. I'll give you
how long does it take you give up less and less so that the other side thinks
something." They'll give you something.
you don't have anything more to give up
This makes the other side think that
you cannot give nothing you cannot just say i give you nothing because then it
you're being friendly. You're
won't move for you have to give some concessions but how much do you give
cooperating, so you give up more, and then
well it depends on are you being tough
they give up more, and then you come to a
are you being friendly and then you need to overtime change that to be less and
conclusion sooner. The other way is to be
less
tough. And if you're gonna be tough, that
so as a negotiation gets very near the end you give less and less the other
means I don't give in. I don't give you
side gives less and less what happens as you get to the end that's when the
one cent. I don't give one dollar. You keep
negotiation make it very hard at the beginning I give something you give
saying it's my bottom line. I cannot give
something we both give something that's normal but then we get to the hardest
you any more, but if you do that then you
questions the hardest part
must begin closer to your resistance
this is when we need to have that final push this is very normal negotiation we
point. Because the other side is going to
spent a long time you worked out many things you made a lot of progress now is
keep trying to push you, but you're not
the final push and that is not easy
going to move. If you begin very, very far
so how do you final push to find your agreements
away, and you're very very tough, it's
what's the things you can do that tactics you can do for the final push
going to be very hard to get an
here we have a few things in our book for example provide alternatives
agreement because you're so far and
maybe you can give something else or do something else another thing you can do
you're not going to move. And remember in
is assume a deal this is very common what does sumideal mean it means that
negotiation, it's a process. You have to
we're talking talking and I want I need one more dollar and you say no I will
give things up. You cannot give nothing
not give you a dollar it's just a dollar and you say no I cannot give you a
up, right? But the question in
dollar and then I say okay it's a deal and you said no no well why didn't give
distributive is can we give up less, and can
you a dollar so no that's okay i know you're gonna give me a dollar i assume i
we get more? "Even though the other side
assume i just say well we can do it it's okay i think you'll do it I trust you I
may not like the tough attitude, this
believe you and you just say it's a deal
approach can make the negotiation
it's not really a deal but sometimes that works you can also split the
shorter." Because you begin closer to your
difference with the split the difference
resistance, and you say, "That's it. That's
half and half the little bit that's left just cut it in half and deadlines offer
all I'm going to do, and I'm not going to
means i'm going to give you some time and before this time if you agree it's
change." And if you give something, you get
ok but after this time
very, very little bit at one time, and
game over i'm walking away that'll give the other side pressure to push to the
then the other side gets tired, and then
end
you come to a conclusion faster. On the
sometimes you can do what's called a sweetener sweetener means you give
other hand, if you're going to be
something extra maybe you promised to buy more where you promise to in the
friendly, you need to begin further away.
future
And if you begin further away from your
buy from them again whereas a supplier you promised to give them a new product
resistance point, you have to give up
if
something. Give up something. Talk, talk
nature or a product they don't have today or product is very popular in the
talk. Give up something. Give up something.
future like in our example so to sum up today a lot of material in this chapter
And it takes more time, so the tough
a lot of technical material a lot of detail material especially on the
negotiation, although it seems like it's
vocabulary and those charts showing you the different tactics
harder, actually in the end, may make the
why so much detail because today's chapters about tactics
negotiation
how do i do it it's easy to talk about but how do i actually do it and then
shorter. Not always, but it is possible.
what's the main point today we take away from this chapter this unit we take away
Once the other side sees how hard it is,
this idea of you've got to make the other side lose something so you can
they're going to give up. They don't want
gain something there's just no other way and distributive bargaining how do I do
to keep fighting, and then you can move
that
forward. Okay, but if you're too tough, if
well you've got to give something you've got to give something but make sure what
you're too hard what happens? Well, if
you give is smaller than what you get
you're too tough, if you're too hard, if
how do you do that carefully make sure as you're moving forward to the
you're too far from the resistance point,
negotiation you make the other side think I cannot give any more
and you're over the other side's
I've given you four dollars have given you two dollars are giving you one doubt
resistance point, they will just walk away. They
that's all I don't have anything more to give
will give up. They will not negotiate.
by making the other side think this you create a situation where they will soon
That's possible. Okay, now let's go ahead
stop or the other thing is get their secret information if you know the
and look at a nice simple diagram here.
resistance . if you know their target . when you're able to make offers that
And in this diagram, we can see what I'm
benefit you more not easy to do
talking about, a little bit more
how do you do it talk to them ask them watch them carefully listen to them
graphical, right? Let me give you a nice
watch their group who is saying something maybe ask friends of friends
clear look at that. So we have an
check information
arrow, right? And this is moving through
ok so a little bit detailed hope you didn't fall asleep
tim, moving through time, so we're going
good luck with your negotiation and see you next time
to be moving across time, from the
yeah
opening offer up here, over to opening
yeah
attitude first concession, more
concessions final offer, over there at
the end. So we begin, and then we continue
until the end. So what happens when we
have our opening offer? Well, let me give
you a nice clear shot here, a nice
close-up. Opening offer-- don't start too
close to your resistance point. Start
further awa. And then opening attitude
means you start out friendly or tough.
You can be friendly or tough. You, of
course, could have a little bit of both
there. You could be mostly friendly or
mostly tough, but you can't really be
half tough and half friendly because the
other side will be confused. At one
minute, you say, "I will not give
anything. This is my bottom line okay
I'll give you what you want, but that's
my bottom line. Okay. I'll give you that
too, but that's my bottom line, OK. I'll
give you but that's really my bottom
line. This is my last bottom line." You see
that's very strange, right? Can't really do
that. So what do we do? If you're going to
be friendly, start further away from your
resistance point.
If you're going to be tough, begin
closer. But try to be mostly one or the
other. So as you move across, you have a
consistent attitude. If you take a strong
stand, then your first concession will be
tiny. If you take a friendly one, then
it may be bigger and you may give more.
And then you give more concessions. How
many do you give? If you're being
friendly, you give many. If you're being
tough, you give few, and finally you get
to the final offer. So the key point here
is to remember the negotiation has a
beginning and an end. So you've got to
move through time. As you move through
time, you're going to give something. How
much do you give and how much time does
that take? Those are key questions. Are
you being friendly? or are you being
tough?
Okay. Let's do a little bit more follow
up here, and then this follow-up: "If no
concessions are made, the negotiation will
not move forward. What does this mean? If you
don't give anything, you cannot possibly
move forward. So you got to give
something. You got to give something. You
... cannot give nothing. A tough
stand, fewer concessions. A friendly stand,
more concessions. In both cases,
concessions are important. So I don't
want to tell you be tough, and you never
give anything. You give something, but how
many concessions and how much do you
give depends on your stand. Concessions
should become smaller though, even if
you're being tough, even if you're being
friendly, your concession should become
smaller and smaller. In this way, the
other side will think the concessions
are nearing the resistance point. Let me
give you a little picture here to show
you what I mean. So I like this picture
because it's very easy to understand. So
what we're saying in this picture here
is as the negotiation moves forward, you
give more concessions. You begin and you
give something. You give something. You
give something, okay. Now, what you can do
is you can say, "I'm going to give you
something, four dollars" or you can say "I'm
going to give you nothing, zero dollars."
So I'm going to give you nothing. I'm not
going to give. I'm not going to give up
anything. I'm not going to change at all.
Or I can say, "here four dollars." So what
does this mean? "Well, I'll give you four
dollars. I'll cut the price four
dollars for you", and then you say, "oh
thank you. Okay. blah blah blah. Then I say
"Okay, I cut the price another four
dollars for you", and you said, Okay, thank
you." But you know the price is still too
high, and I say, "Okay, I'll cut the price
four dollars for you." You follow me? So if
I keep giving you four dollars, four
dollars, four dollars, what do you think?
You think, "Well, he gave me four dollars,
and he gave me four dollars. Then he gave
me four dollars. He can give me another four
dollars." So if you give up more, and you
keep giving the same amount, then the
other side will think you can still give
more. But a better way is you begin by
giving four dollars, and then next time,
you give two dollars. Then next time, you
give one dollar, and in this way, it looks
like you've already given everything you
can give. So I begin by giving up a
little bit more, then I give a little bit
less, and then I give a little bit less,
and each time I give less. Now it looks
like I have no more to give you, see. So
over time, if you're being tough or if
you're being friendly, it's the same
thing. It's just how long does it take?
You give up less and less so that the
other side thinks you don't have
anything more to give up. You cannot give
nothing. You cannot just say I give you
nothing because then it won't move
forward. You have to give some
concessions, but how much do you give?
Well, it depends on are you being tough?
Are you being friendly? And then you need
to overtime change that to be less and
less.
So as the negotiation gets very near the
end, you give less and less. The other
side gives less and less. What happens? As
you get to the end, that's when the
negotiation may get very hard. At the
beginning, I give something, you give
something, we both give something, that's
normal. But then, we get to the hardest
questions, the hardest part. This is when
we need to have that final push. This is
very normal in negotiation. You spent a long
time. You worked out many things. You made
a lot of progress. Now is the final push,
and that is not easy. So how do you final
push to find your agreements? What's the
things you can do, the tactics you can do
for the final push? Here, we have a few
things in our book. For example, provide
alternatives. Maybe, you can give
something else or do something else.
Another thing you can do is assume a
deal. This is very common. What does assume
a deal mean? It means that we're
talking, talking, and I want, I need one
more dollar. And you say, "No, I will not
give you a dollar." It's just a dollar and
you say, "No, I cannot give you a dollar."
And then I say, "Okay, it's a deal." And you
say, "No, no well. I didn't give you a
dollar." I say, "No, no. That's okay. I know
you're gonna give me a dollar." I assume. I
assume. I just say, "Well we can do it. It's
okay. I think you'll do it. I trust you. I
believe you." And then you just say, "It's a
deal." It's not really a deal, but
sometimes that works. You can also split
the difference, whether split the
difference half and half. The little bit
that's left, just cut it in half. A
deadline offer means I'm going to give
you some time and before this time if
you agree, it's okay. But after this time,
game over. I'm walking away. That'll give
the other side pressure to push to the
end. Sometimes you can do what's called a
sweetener. The sweetener means you give
something extra. Maybe you promised to
buy more or you promised to in the
future buy from them again. Or as a
supplier, you promised to give them a new
product in the future
or a product they don't have today or
product that's very popular in the
future, like in our example. So to sum up
today, a lot of material in this
chapter, a lot of technical material, a
lot of detail material, especially on the
vocabulary and those charts showing you
the different tactics. Why so much detail?
because today's chapters about tactics
how do I do it? It's easy to talk about,
but how do I actually do it. And then
what's the main point today we take away
from this chapter, this unit? We take away
this idea of you've got to make the
other side lose something so you can
gain something. There's just no other way
in distributive bargaining. How do I do
that? Well, you got to give something.
You've got to give something, but make
sure what you give is smaller than what
you get. How do you do that? Carefully
make sure, as you're moving forward
through the negotiation, you make the
other side think, "I cannot give any more.
I've given you four dollars. I've given
you two dollars. I've giving you one dollar.
That's all. I don't have anything more to
give." By making the other side think this
you create a situation where they will
soon stop. Or the other thing is get
their secret information. If you know the
resistance point, if you know their
target point, then you're able to make
offers that benefit you more. Not easy to
do. How do you do it? Talk to them, ask
them, watch them carefully, listen to them.
Watch their group, who is saying
something. Maybe ask friends of friends.
Check information. OK. So a little bit
detailed. Hope you didn't fall asleep.
Good luck with your negotiation and see
you next time.