cover of episode 232 (Sell) The Perfect Deal Negotiation Process (Armand Farrokh, 30MPC)

232 (Sell) The Perfect Deal Negotiation Process (Armand Farrokh, 30MPC)

2024/7/16
logo of podcast 30 Minutes to President's Club | No-Nonsense Sales

30 Minutes to President's Club | No-Nonsense Sales

Frequently requested episodes will be transcribed first

Shownotes Transcript

TOP ACTIONABLE SALES TAKEAWAYS:

  • Act surprised and maintain confidence when faced with resistance on price; don't normalize discounts or concessions easily.

  • Make each concession painful for the customer; show that every request comes with effort and negotiation, preventing them from expecting easy wins.

  • Act as if achieving approvals for concessions is difficult and uncertain, emphasizing the rarity and challenge of gaining internal approvals.

  • Finish negotiations in two parts if necessary, using options to force a final trade-off that emphasizes the value of each choice, encouraging a more strategic decision-making process.

ARMAND'S PATH TO PRESIDENTS CLUB:

  • Founder @ 30MPC

  • VP of Sales @ Pave

  • Director of Sales @ Carta

RESOURCES DISCUSSED