question archive Summarize a personal experience where the multiple option closing technique was used during a negotiation that you were involved in, or observed

Summarize a personal experience where the multiple option closing technique was used during a negotiation that you were involved in, or observed

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Summarize a personal experience where the multiple option closing technique was used during a negotiation that you were involved in, or observed.

- Did you find this technique to be effective as a means to finalize the negotiation? Please explain Why.  

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When I was in school I tried to sell some school supplies to my school mates and class mates , the first thing that I do is I have seek to know what specific products that I would sell to them that they won't struggle to think if they gonna buy or not, so I bought an actual school supplies that they really need ,then next I add enough profit margins to every products that I offer ,and if some of my classmates can't afford the products that I introduced to them on that day, basically I talked to them carefully and make a deal that if they want the product emmidiately and they don't have any money just to pay for the products,they will do installment schemes with interest,

 

And I also use installments schemes in lending money to my classmates with interest, but their are some of students that I know that if they borrow money from me the chances of getting it back are really hard,in that situation what I do is if they borrow $10 probably I will give them $5 below not just to tell them that they are not worthy enough to lend $10 but the factors of paying quickly and smooth as possible, the lower the money the high chances of getting pay it back.

 

Next example is when I go to the public market and I search for rubber shoes ,and I easily found my prospect product,but my budget it not compatible so I make bargain to the seller,and I request that I'll buy 2 pair shoes if they give me a 30% discounts and the deal was closed and I got it.

 

In closing a deal you have to know the position of the clients so you have the feeling that if they actually buy the products, and taking the win win deals that means that both parties have enough benefits.

 

Negotiators need to adopt these negotiating tactics in order to launch an effective negotiation campaign: Never take victory for granted in a dynamic, multiparty environment. Identify possible allies and cultivate them until you need their help. At the start of the process, define all of your likely and potential opponents.

 

Negotiating tactics for

Problem solving: both sides are committed to carefully reviewing and debating problems before entering into long-term negotiations that need careful examination.

Contending to persuade the negotiating team to admit to your result whether you are negotiating in one-off negotiations or over big wins'

Step-by-step explanation

I carefully analyzed the given questions and use my prior knowledge about what I have learned about this subject and I also took some research to support my details, the first step I do is I tell about the closing deals that I have do back when I was in school,and its circumstances, then I gave what Is the importance of closing a deals.

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