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Skillful Negotiation Strategy Contributes to Business
Elinor Stutz  --   Top One Percent Influencer and Sales Performance Guru Elinor Stutz -- Top One Percent Influencer and Sales Performance Guru
For Immediate Release:
Dateline: Washington, DC
Thursday, September 22, 2022


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Skillful Negotiation Strategy Contributes to Business

Our collaborative blog tackles the topic about how skillful negotiation strategy contributes to business growth. Reasonable negotiations are essential for the success of any business. They contribute significantly to avoiding future problems and conflicts and can help build better relationships with clients, suppliers, and employees. 

Long ago, negotiation was about strong-arming the other party to secure what one desires. More modern times paved the way for a gentler approach. The essentials include incorporating the goals of each other’s business and each desired outcome from the negotiation. Being friendly and respectful serves everyone well.

Below you will find insights into the importance of good negotiations in business and tips on improving your negotiation skills.


Skillful Negotiation Strategy for Business

Photo by Andrea Piacquadio

Good negotiation skills can be the difference between success and failure in business. Strategic negotiating with suppliers, customers, partners, or employees can help you get the best possible terms and reach mutually beneficial agreements for all parties involved. While some people may be natural negotiators, others may need to work on developing their skills. If you’re not sure where to start, here are some tips:

  1. Understand the basics of negotiation theory and practice. Many books and articles can help you learn the basic concepts.
  2. Know your goals and objectives. What do you want to achieve through negotiation? What are your bottom lines?
  3. Do your homework. Thoughtful research about the other party is to include their needs and what they are likely to demand in negotiations.
  4. Be prepared to compromise. In most negotiations, both parties need to give something up to reach an agreement.
  5. Practice, practice, practice! The more experience you have negotiating, the better you’ll become at it.

If you’re still not comfortable negotiating on your own, there’s no shame in seeking help from professionals like Karrass. However, sometimes it’s worth paying for expert help to get the best possible outcome.

Whatever route you choose, remember that practice makes perfect. The more experience you have negotiating, the better you’ll become at it, and the more likely you will achieve business success.

How Successful Negotiations Can Benefit a Business

There are many ways in which good negotiation can benefit a business. For example, it can help to:

  • Build better relationships with clients, suppliers, and employees.
  • Get the best possible terms for contracts.
  • Avoid or resolve conflicts.
  • Improve customer satisfaction.
  • Increase profits.

Why Diplomatic and Skillful Negotiation Skills Are Important

In today’s business world, negotiation skills are more critical than ever. In addition, with the globalization of economies, businesses are increasingly dealing with people from different cultures and backgrounds. Accordingly, it can make negotiations more challenging, as there may be differences in communication styles, values, and expectations. Diplomacy is essential and includes respectfully asking for clarification for terms not entirely understood.

Varying Types of Skillful Negotiation Strategy

There are many negotiation strategies, and the usage of the best one depends on the situation. However, some standard negotiation strategies include:

  • Win-win is a cooperative approach in which both parties try to find a mutually beneficial agreement.
  • Win-lose is a more aggressive approach in which one party tries to get the best possible deal, regardless of what the other party gets.
  • Lose-lose is when both parties walk away from the negotiation without reaching an agreement.
  • Compromise: This is when both parties agree to make concessions to reach an agreement.

Negotiation can help you build better relationships, agreement on the best terms, avoid or resolve conflicts, and increase profits. Good negotiation skills are essential for businesses. For most, negotiation is a scary topic and one that is pushed aside. However, with practice on small matters, you will learn to negotiate well and welcome doing so on more significant issues.

In Conclusion: Embrace Skillful Negotiation Strategy

Growing a successful business requires knowing how to utilize a skillful negotiation strategy. It is an essential piece of the sales cycle because no two people are alike, requiring that you approach common ground to move forward. It becomes necessary to set fear or anxiety aside to learn better methods. Adapting the suggestions above to your authentic style will assist with business growth.

For More Insights:   Visit Elinor’s Amazon Author Page

“Communicate to Attract Interest”

Authentic Relationships Are Essential

Be A Story-Teller

As the CEO of Smooth Sale, after her near-death experience, Stutz adapted the motto, 

 “Believe, Become, Empower

 ” Nice Girls DO Get the Sale is an International Best-Selling and Evergreen Book – among the classics;

 HIRED! Helped many to secure the job they desired. 

Related Blog Stories:

Retain the End Goal During Negotiation
Embrace A Positive Mindset
Build Relationship As You Negotiate

Sales Tips: Skillful Negotiation Strategy

  1. To enjoy a pleasant and skillful negotiation strategy, begin by inquiring about the other person’s goals upfront.
  2. Ask those in the room about their wants, do not wants, and preferred order of importance.
  3. Upon receiving an answer, relay what you can and cannot provide; inquire if an issue may exist.
  4. Should an issue arise, request the background leading up to the problem to determine if there is a workaround.
  5. Offer your thought on how you may together avoid interference for moving forward.
  6. Inquire if the other party has additional concerns and requests.
  7. Address each concern and request individually, and then ask if your answer is acceptable.
  8. Inquire if additional suggestions come to mind for consideration.
  9. When everything seems in order, ask the other party how they may like to proceed to finalize an agreement.
  10. Celebrate Success!

Today’s insights are provided to help you achieve the Smooth Sale!


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Elinor Stutz, CEO of Smooth Sale, delivers inspirational keynotes at conferences and authored: The International Best-Selling Book, Nice Girls DO Get the Sale: Relationship Building That Gets Results.” In addition to being translated into four languages, it reached the remarkable and unique level of being hailed Evergreen. Stutz’ commitment to community service led to the writing of her second best-selling book, HIRED! How to Use Sales Techniques to Sell Yourself On Interviews.”

Kred proclaimed Stutz as a “Top 1% Influencer for Social Media,.  CEO World Magazine named Stutz as one of “The brightest sales minds to follow on Twitter”.  Bizzhum and NowISeeIt both named the Smooth Sale Blog as one of the “Top 100 Most Innovative Sales Bloggers.”  Stutz consults and speaks worldwide.

Connect with Stutz:

Twitter: @smoothsale  
LinkedIn: Elinor Stutz

Youtube:  Elinor Stutz

Elinor Stutz (she/her/hers)
International Bestselling Author, Top 1% Influencer, Inspirational Speaker
Smooth Sale 



News Media Interview Contact
Name: Elinor Stutz
Title: CEO, Speaker, Author
Group: Smooth Sale
Dateline: Ashburn, VA United States
Direct Phone: 408-209-0550
Main Phone: 408-209-0550
Cell Phone: 408-209-0550
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