Contrary to their reputation as obstacles to the progress of deals, anchors are a great opportunity to expand value, but you must know how to respond when the opportunity arises. Today, Tim Caito speaks about the benefits anchors can bring when properly handled and how they tie into successful trading with customers. He goes into detail about:
The importance of having the right negotiation mindset.
Why anchoring can be a double-edged sword.
How to recognize an anchor and steps to take when you hear one.
Using anchors as opportunities to expand value.
Practicing your negotiation and trading strategy with your Champion.
Visit Ascender, a platform designed solely for salespeople who own a quota. If you enjoy the Audible-Ready Sales Podcast, Ascender is perfect for you! We put out content every day with insights to help you level up in your sales career. Check out the platform here: https://my.ascender.co/Ascender/ Subscribe here: https://my.ascender.co/Ascender/PlanComparison Check out this and other episodes of the Audible-Ready Sales Podcast on Apple Podcasts, Spotify, or our website.
Activity
The Audible-Ready Sales Podcast • Navigating Anchors and Trades in Sales Negotiation • Listen on Fountain