1. Negotiation objective

For many the purpose of negotiation is a substantive outcome and material gain. In China the deal is all about the relationship and there is no better way to succeed in doing trade than through a close alliance, so consider investing a lot of time in this pre-negotiation stage.

The goal of negotiation is not the signed contract and unexpected events are resolved through the partnership; the agreement is more a sign of the meaning to do business together than a legally binding record. Trust is the foundation of the agreement and the fact that you have signed an agreement does not actually mean that the deal is sealed; it means that a relationship has been recognised.

2. Negotiation approach and communication style

The Chinese negotiation style is one of teamwork and problem solving whilst still focused on the bottom line.

The communication approach is expressed by using titles, following procedure and being very respectful and alert in discussions. Always start with a formal approach, using first names and relaxed style is dangerous and can be considered offensive and interpreted as an insult.

When you negotiate, listen carefully to determine the exact meaning. It is unusual to hear a direct no and you will more likely be told "it is difficult" which in fact does mean you must not pursue it. Do not anticipate to receive direct clear answers, because you will try to resolve something that "is difficult" when in fact it can't be resolved.

3. Time perception

A lot of time is expended in developing a relationship which is a symbol of respect and which is expected to be reciprocated. For Westerners time is valuable and the Chinese usually exploit this fact. Preparation is therefore important, create options and let the otherside know that they are is not the only one who can walk away from the deal. Do not forget that "tomorrow" or "next week" often doesn't literally mean the following day or week; instead this could mean "in the future".

4. Negotiation approach

What for most Westerners may seem to be innocent socialising is in fact their way of gathering information.

Chinese negotiators are well versed in the art of positioning & framing, the complexities of pricing and the use of time as a negotiation tactic. They have good negotiation skills and will often use negotiation tactics to humiliate or shame the other party in order to create pressure and gain the advantage. Take the blame if a problem develops whether you are accountable or not and do not react with disrespect.

Your whole team is advised to attend the appointments and it's very important to arrange for someone with a position of authority within your business to make the introductions and to accompany you during meetings. Without visible official support, you will be delivering the wrong message about how genuinely you view the negotiations.

5. Team based negotiations

The Chinese almost never negotiate unaccompanied. It is not always clear who the leader is and who has total authority to decide matters. Although decisions are made by consensus, there is usually one leading authority who may not be very involved during negotiations. Gain the attention of their lead negotiator and direct your most persuasive and logical arguments towards him. The rest of the team normally plays the role of an advisory body.

Sales Coaches To Boost Your Sales Personnel
Whether you are starting your own business or you have a well established firm, increasing clients and sales are the most vital things needed to keep a business growing. To achieve the best business results, you should hire a sales coach.

One Easy Negotiation Skills Method That Will Instantaneously Produce Improved Negotiation Outcomes
Research has proven that high objectives will constantly outdo low aspirations and if you therefore exaggerate your expectations at the negotiation table, you will continously influence your negotiation outcomes positively

Two Critical Elements Of A Successful In-Company Negotiation Training Initiative
Merely depending on the negotiation abilities of individuals is a familiar oversight businesses make. Developing a strong negotiation capability is contingent on critical factors: The negotiation strategy, process, the individual's skills and the supporting network.

Best Practice Planning: Using Purchasing Training To Uncover The Key Factor To Unlock A Successful Negotiation
The amount of time used to plan is the key success factor of business negotiation best practice. Exploring the framework and the deal objectives are some of the most important factors in aid of your negotiation endeavours and decision making processes.

Sales Training Tip: Getting What You Need From Your Sales Calls Through Efficient Negotiation Skills
Sales training tip explaining how you can readily increase the likeliness of getting what you want from sales and business negotiations.

Have You Thought What Makes A Great Negotiator With Excellent Negotiation Skills?
This is a question that many people before have tried to answer, but this is the wrong question and this is why.

Important Elements To Take Into Consideration When Applying Your Negotiation Skills During Cross Cultural Discussions
We could easily make the mistake of stereotyping people according to their national culture whilst ignoring the other elements of culture that will contribute to the success in your negotiation.

Business Breakdown: Using Your Negotiation Skills To Guarantee Your Stability
In times of market instability, it is advisable to move away from price as the key negotiation factor and concentrate on 'loss framing', creating more alternatives, reciprocation and value in order to reach agreement and realise your objectives in negotiations.

Discover And Purchase The Very Best Land For Sale In Alabama
When you start to look for land for sale in Alabama you will quickly realize that narrowing down you search is going to make your task a lot easier and quicker to carry out.

Associated Articles

Associated Resources


 
 
 
Login