ProBlogger: 7 Essential Negotiation Skills for Bloggers and Marketers |
7 Essential Negotiation Skills for Bloggers and Marketers Posted: 21 Feb 2017 05:00 AM PST Simply muttering the word "negotiation" can strike fear into many bloggers and marketers. Negotiation may even evoke as much fear, anxiety, and stress as public speaking. "Fear in negotiations arises in a variety of circumstances," the authors of Emotions in Negotiation explain. "If we face an aggressive opponent, if we bargain without adequate preparation, if we sense that our opponent has superior bargaining power, if we feel insecure about our ability as a negotiator, we may experience moderate to extreme levels of fear." However, bloggers and marketers need negotiation skills as much as they do their creative process. So how can something so simple as an agreement between two parties be so daunting? Whether negotiating million dollar contracts or simply negotiating who will do the dishes, negotiation skills are used in nearly every aspect of life. Bloggers and marketers that embrace negotiation, honing those vital skills, will certainly reach new levels of success. Reasons Bloggers and Marketers Need Negotiation SkillsDeveloping the right strategy and employing key skills can certainly make you a savvy negotiator. Negotiation skills can be applied in almost any situation bloggers and marketers face. Bloggers and marketers negotiate a variety of things, especially when it comes to the allocation of resources like budget, time, and staff. Negotiation skills are also crucial for cultivating client, sponsor, and vendor relationships as well. Bloggers and marketers need to employ the art of negotiation when . . .
You need to be ready to negotiate at the drop of a hat, because you never know when a client may call to discuss contract terms. Or when an important project will begin to unravel. And being a savvy negotiator means being a leader, according to Harvard Business Review. "To persuade people to follow your lead, you need to appeal to their interests, communicate with them effectively, and sell your vision—all of which are part of effective negotiation." Be a leader. Leaders Know the Value of Negotiation SkillsBloggers and marketers are leaders. They lead and command a team of creative people, lead business in a profitable direction, and lead clients to success. Leaders know the value of negotiation skills, because without one, you simply can't have the other. As a savvy negotiator, you can leverage the best deal for the win-win, and keep your team employed. The value of negotiation allows you to . . .
Identifying Client BATNA is Essential to Your Negotiation StrategyIdentifying client BATNA is essential for bloggers and marketers prior to sitting at the negotiation table. BATNA, or Best Alternative To a Negotiated Agreement, is the X-factor in negotiations. BATNA is the key element that determines your negotiation power. It is the point when your client either signs on the dotted line, or walks away from the negotiation. It is simply all about the alternatives your client has at the moment of negotiation. Identifying client BATNA is also beneficial during contract renegotiation, or if a client is asking for deliverables out of scope. Here are a few quick BATNA questions to ask prior to client negotiations:
Bloggers and marketers need to identify their BATNA as well. This allows you to know when to walk away from a negotiation that simply isn't profitable or manageable. Now, let's get to specifics. 1. Negotiation Mantra: "I am the Best Option"You did your research and you know that your negotiation partner will certainly benefit from your services. There is no need to make lesser concessions, because they need you. It may simply be a confidence issue. Bloggers and marketers who touch on value during this critical negotiation moment are often more successful. Reassure the client that you understand their marketing challenges, and offer competitor comparison to seal the deal. 2. Set Big Goals and You Will Achieve ThemBloggers and marketers who set big goals will achieving them at the negotiation table. If you know the value of your services, and have identified your client's BANTA, success will follow. In fact, when negotiators set challenging goals, they close bigger deals, according to research conducted by Deborah Zetik and Alice Stuhlmacher of DePaul University. 3. Employ Active ListeningActive listening is one of the most powerful negotiation skills bloggers and marketers can possess. It allows you to approach any situation with supreme confidence at the negotiation table. Active listening allows you to key in on verbal and nonverbal communication. And when your negotiation partner truly feels you understand their marketing and SEO needs, you add value to your services. When employing active listening during negotiation, use the following key characteristics:
4. Communicate with Open-Ended QuestionsCommunicating with open-ended questions in any negotiation is best practice. Bloggers and marketers who use them will put their negotiation partner on the spot. This is especially useful if you know you are going up against savvy corporate negotiators. Open-ended questions force them to go off script and answer naturally. Here are a few great open-ended questions for your next budget negotiation:
This puts value on your services when budget becomes a discussion point at the negotiation table. Take the focus away from price and place it on the positive past experiences. 5. Understand Client EmotionsMost people buy based purely on emotions. Bloggers and marketers who understand client emotions will certainly have more success at the negotiation table. Develop an overwhelming enthusiasm when it comes to the relationships you have with your client, and it will surely spread. Let them feel like they are part of your team, inspiring the creative process. This gives clients a sense of ownership in what your team creates while building long-term relationships. 6. Powerful Planning for Negotiation SuccessBloggers and marketers that sit at the negotiation table with a well-developed plan will be far more successful in achieving their goals. And the goals of their clients. You want to get into the mind of your negotiation partner in order to define what it is they want, need, and why. Use these powerful planning questions prior to negotiation:
7. Be GraciousBeing gracious is certainly part of the negotiation process, especially if you are bidding on projects. You want your negotiation partner to feel completely satisfied with the results. Bloggers and marketers may not walk from the negotiation table completely satisfied. However, for creatives, the satisfaction comes after a client relationship blossoms into multiple projects. It is certainly essential for bloggers and marketers to hone negotiation skills. From closing deals with new clients to managing projects, the art of negotiation is needed for your growth and success. Your ability to negotiate effectively will also allow you to become more confident and authoritative, leading to a powerful edge within your industry. Nick Rojas is a business consultant who shares his expertise working with startups in publications like Entrepreneur, TechCrunch, and Yahoo. With 20 years of experience growing successful businesses, he has a passion for implementing strategies that foster growth through marketing, sales, and social media. The post 7 Essential Negotiation Skills for Bloggers and Marketers appeared first on ProBlogger. |
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