Episode 61: The Seven Immutable Laws of Sales Negotiation

Ron Hubsher

Podcast Description

In this episode of the Value Coffee Talk podcast, hosts Tom Pisello and April Morley welcome Ron Hubsher, a sales performance consultant and author of ‘Closing Time: The Seven Immutable Laws of Sales Negotiation.’ 

The conversation explores Ron’s journey into sales, the importance of systematic sales processes, and the nuances of negotiation. Ron shares his insights on the seven immutable laws of sales negotiation, emphasizing the need for sales professionals to understand their value, anticipate price squeezes, and know when to walk away. 

The discussion highlights the significance of proactive negotiation techniques and the impact of effective negotiation on customer relationships and business outcomes.

Takeaways

  • A systematic approach to sales can lead to repeatable success.
  • Understanding the buyer’s risks is crucial for effective negotiation.
  • Sales professionals should anticipate price negotiations.
  • Never give discounts without receiving something in return.
  • Knowing your walk-away price is essential in negotiations.
  • Teaching negotiation skills can improve overall sales performance.
  • Building relationships through negotiation can enhance customer satisfaction.
  • Quantifying value helps in defending price during negotiations.

Chapters

00:00   Introduction to Value Selling and Guest Introduction

03:01   Ron Hubsher’s Journey into Sales and Negotiation

05:53   The Importance of Systematic Sales Processes

08:55   Understanding Negotiation Types and Strategies

12:00   The Seven Immutable Laws of Sales Negotiation

17:51   Proactive Negotiation Techniques and Trade-offs

22:56   Knowing When to Walk Away in Negotiations

26:52   Final Thoughts and Key Takeaways

 

Checkout the book by Ron Hubsher: Closing Time: The 7 Immutable Laws of Sales Negotiation – Amazon Link:

https://www.amazon.com/Closing-immutable-Sales-Negotiation-Hubsher/dp/0981789005

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