Blogs.
Wondering what we are up to next or what's on our minds? Check out our latest blogs. This is where you can gain a peek into the world of RED BEAR and find our latest thinking along with practical tips on negotiation and collaboration.
28 Sep, 2023
These last few years have laid the foundation for a new era in sales negotiation.
21 Sep, 2023
Even in today’s fast-paced world of sales, the timeless art of sales negotiation remains an irreplaceable asset.
BATNA, or Best Alternative to a Negotiated Agreement, is all about planning out the best alternative in the event negotiations fall through.
7 Sep, 2023
The Sales Process Has Changed
The dawn of the new year or quarter means fresh targets, renewed objectives, and a reinvigorated sales drive. For sales professionals, this period isn’t just about setting lofty...
Positive framing is as much art as it is practical. To get it right, you need to not only understand your own value and strength but also the power of perception.
Power is a critical part of any negotiation, and understanding the power dynamic between you and the other party can lead the discussion toward more successful outcomes.
There is no denying the power that AI and related technologies bring to the table. But, with any revolution comes disruption.
Unless you’ve lived under a rock these last few years, you’re likely well aware of the uncertain economic environment sales professionals need to navigate in 2023.
In the corporate world, a Request for Proposal (RFP) serves as a vital tool to solicit proposals from various service providers.
Even with some of the COVID-related disruptions starting to appear in the rearview mirror, procurement professionals still struggle with the same stubborn issues.
Whether it’s strained supply chains throttling operations or geopolitical pressures from across the globe halting business, these last few years have been, in a single word,...
Building agile and adaptable cross-cultural negotiation processes is becoming a mission-critical task for any business working with people from other cultures.
The MedTech industry is in a unique position in 2023. While the global medical devices market share is expected to grow from $512 billion in 2022 to $799 billion in 2030, the...
15 Jun, 2023
The aerospace industry has always carried a reputation for innovation and progress.
Due to inflation, the purchasing power of the U.S. dollar declined around 7.4% between 2021 and 2022. This unprecedented economic environment is pushing supplier, raw material,...
There’s no mistaking the unique environment facing CPG professionals in 2023.
As the world becomes more interconnected, it’s the telecommunications industry that is driving advancements in the communications technology that powers a new era of digital...
RED BEAR Negotiation Training was on the ground at the ISM World Annual Conference last week.
11 May, 2023
A recent study showed that around 82% of supply chain leaders agreed that supply chain challenges would worsen or stay the same over the next year.
These last few years have marked a particularly tumultuous time for the energy industry.
In March of 2023, the Manufacturing Purchasing Managers Index (PMI) fell 4.7%, marking a fourth month of contraction after a 30-month period of expansion.
20 Apr, 2023
The technology sector has always carried a reputation for disruption — and volatility.
13 Apr, 2023
Organizations have needed to navigate strained relationships, inflexible shipping constraints, and a heightened geopolitical environment in the post-COVID era.
In today’s modern workplace, companies need to stay ahead of trends in employee engagement, retention, and recruitment to hire and keep the best talent.
To build effective negotiation strategies for your team, you need to leverage the power of proper planning.
23 Mar, 2023
Negotiations are an everyday reality in almost every industry. Whether it's procurement for a Fortune 500 company or sales at a high-growth startup, effective skills start with...
14 Mar, 2023
The high-tension environment of a sales negotiation is nothing to fear. Becoming familiar with the tension and learning to navigate it tactfully is the key to closing deals and...
7 Mar, 2023
During the concessions portion of a negotiation, a strategic balance of give and take is critical to a successful outcome for both parties.
23 Feb, 2023
A lack of confidence undermines negotiations. This is true in any economy, but especially true when sales leaders and reps are operating in uncertain times like these.
Sustainability imperatives, cost reduction efforts, supply chain disruptions: there’s an endless list of issues that impact procurement.
Negotiation is all about nuance. It’s about what is said and not said. About decoding ideas, needs, and requirements to reach consensus.
It’s a brand new year. A year for which experts have the following projections:
6 Apr, 2022
Negotiation is the foundation to business discourse. Everything is a give and take. Productive negotiations actually form strong relationships, help companies get ahead, resolve...
20 Mar, 2022
Successful negotiations with suppliers have never been more critical. With every penny saved going directly to your bottom line, you need highly skilled negotiators to help...
Everyone makes occasional negotiation mistakes. Recognizing any miscalculations and learning how to avoid them is the key to future success. With negotiations, ignorance is not...
The evolving conflict involving the Russian and Ukrainian governments presents an interesting negotiation case study.
7 Jan, 2022
In today's highly competitive business world, negotiation skills are critical for any businessperson. Companies need to ensure the entire organization has the means to secure the...
26 Nov, 2021
Cross-Cultural negotiations are rife with challenges as diverse groups come together to reach a mutually beneficial agreement.
14 Sep, 2021
One of the first steps to becoming a master negotiator is to learn 5 key negotiation behaviors and how they work within the 3D Negotiation Model to your benefit.
The Principle of Conceding According to Plan is a critical tenet of masterful negotiation and is rooted in the psychology of reciprocity.
31 Aug, 2021
The Principle of Placing Needs Over Wants will help negotiators uncover and address the other party’s underlying concerns, issues, and motivations for wanting to do business with...
Knowledge, as they say, is power. And when you’re at the table negotiating with suppliers or a potential customer, this is truer than ever. That being said, it’s not only...
Do you often feel that even after you’ve said everything there is to say in a negotiation, the other party still doesn’t truly see the value in your proposal?
Do you often feel your negotiations leave value on the table? If so, you’re not alone.
RED BEAR’s 6 Principles of Negotiation are used by high performers to negotiate more profitable agreements. These guidelines provide the skills and behaviors used to manage...
27 Jul, 2021
If you’re reading this, you likely work in a demanding environment that requires a lot from you personally and from your team. Inevitably, these high-output environments add...
20 Jul, 2021
As automation sweeps across the business world, professionals need to ask themselves: what value can a human offer, that can’t be replicated by a machine? The answer, according to...
There are generally two types of negotiators when it comes to purchasing negotiation: the fight-fair camp, which is inclined towards compromises to reach an agreement, or the...
The main goal of using negotiation tactics by a customer is to fundamentally alter the negotiation in the customer’s favor. Negotiation tactics are tricky for a reason but can be...
28 Jun, 2021
As humans, we’re naturally averse to dwelling within a state of tension — it’s uncomfortable, it makes us feel vulnerable, and it often leads to behavior that dissipates as much...
21 Jun, 2021
The best way to avoid gridlock in internal negotiations is to maximize information flow. The free exchange of ideas and opinions are often the explosive fuel required to break...
14 Jun, 2021
A negotiation is a gestalt process: a series of events that, when taken together, lead to an outcome greater than the sum of its parts. That’s why it’s important to treat every...
You spent hours doing prep work, researching your potential customer, and getting ready for your meeting. You envision your perfect closing scenario and sit down for your meeting.
No business is an island – especially in a world of global supplier networks and transnational partnerships. What’s more, companies are increasingly outsourcing roles and...
24 May, 2021
In a previous blog post, we offered five guidelines to navigate the often slippery slopes of customer price pressure in a negotiation. But in the words of a prospective customer...
The secret to effective negotiation is simple: agree on the right price. Easy, right?
29 Mar, 2021
There’s an old Buddhist story involving a group of blind men who encounter an elephant on their travels. Each attempts to describe the creature to the others based on their sense...
10 Mar, 2021
When tension increases, our automatic reflex tends to be to talk more and listen less. Tension makes us uneasy, and when we feel uneasy, we lose sight of the long view and get...
The world’s best negotiators understand that managing information skillfully is critical. When you’re sitting across the table in any negotiation, everything you do and say tells...
17 Feb, 2021
Every year people all around the world resolve to become better people. They look to build new habits or break old ones. Some pick up a hobby. Others hit the gym. In fact, there...
It’s been over a year since RED BEAR launched our Virtual Instructor-Led Training workshops. Originally developed to address increasing client demand for remote instruction due to...
Beauty, and value, are in the eye of the beholder – it’s our role as negotiators to help the other party see our case at its highest value possible; anchoring their perceptions to...
3 Dec, 2020
In order to be successful in business, it is important to establish healthy relationships with players in and around your industry. When negotiating deals, this can prove to be...
11 Nov, 2020
There isn’t much silence in modern life. We’re constantly bombarded by notifications and information on social media platforms like LinkedIn, Facebook, Twitter, and Instagram. Our...
Whether you’re heading into a negotiation, preparing for an important conversation, or tackling a creative endeavor, you’re going to need to utilize a Framing skill to be able to...
10 Sep, 2020
One of the most important principles of sales negotiation is to satisfy needs over wants, and negotiables serve as one of the primary levers to do so.
What comes to your mind when you hear the word “contention”?
29 Jul, 2020
In previous blog posts, we’ve explored how effective negotiators balance competition with collaboration to pave the way towards creative, mutually beneficial outcomes. But this...
16 Jul, 2020
In any negotiation, information is an incredibly valuable commodity. (After all, Managing Information Skillfully is one of our 6 Principles of Successful Negotiation.) But, is it...
Any sales negotiator is likely to meet with a variety of negotiation tactics and styles throughout their career. There’s the hardball negotiator who doesn’t budge an inch, the...
Every negotiation is going to involve one or more concessions. However, there’s more to conceding than simply giving the other party what they want. It’s not just what you...
19 Mar, 2020
In case you are unfamiliar with the term Virtual Instructor-Led Training or are unsure as to what distinguishes VILT within the broad category of online learning, let’s start with...
24 Feb, 2020
The most important aspect of negotiation is often not about the product or service, but about the sales process itself. This is why you must develop a new skill: Positioning the...
12 Feb, 2020
Hopefully, you’re not guilty of the negotiation mistakes mentioned in this blog. But, chances are good that you’ve probably committed a few of these errors before, if not...
10 Jan, 2020
If you’re wondering, “How do I improve my negotiation skills?”; this article will introduce the six principles of negotiation and outline the negotiation skills experts use to...
Sometimes internal negotiations can feel like herding cats.
3 Dec, 2019
Modern technology has made it easier than ever before to communicate with people on the other side of the planet. And in addition to the social benefits of being able to engage...
26 Nov, 2019
Every negotiation is an exercise in excavation. When you initially sit down with the other party, you have a mental picture of their case and organization. But over the course of...
21 Nov, 2019
There’s an old Aesop tale that tells the story of the wind and the sun arguing about which was more powerful. Seeing a traveling man walking down the road, they saw a chance to...
Concessions are an inevitable part of every negotiation. However, moving a negotiation to a satisfactory close is almost always going to require a series of concessions.
12 Nov, 2019
There’s little worse than stepping into a team meeting that’s dull, uninspired, and unproductive. No one really wants to be there, few – if any – new ideas are being put forward,...
7 Nov, 2019
To succeed in any negotiation environment, a negotiator needs to be able to adjust their approach according to the situation. Much like a soldier on the battlefield doesn’t use a...
Most negotiation analogies involve some kind of sport or strategic game, such as boxing, poker, chess, basketball — you name it. This is because most people see negotiation as an...
Humans have been fascinated with magic for a long time, and the psychology of it is pretty interesting. On one hand, we love magic tricks because they’re a drastic departure from...
29 Oct, 2019
“Art consists of limitation. The most beautiful part of every picture is the frame.” – G. K. Chesterton
Demand statements are powerful strings of dialogue that can either cut like a well-maintained samurai sword or a dull razor depending on your execution. In order to take your...
We’ve chatted a fair bit about the ins and outs of negotiation skills on the RED BEAR blog, but let’s quickly take a lesson from a different industry. There’s a common...
You’ve likely heard that pressure makes diamonds, and in much the same way, tension makes creative solutions.
15 Oct, 2019
Power can mean very different things to different people. To a dictator, for instance, it means having absolute control over the lives of their people; to a musician, it’s...
10 Oct, 2019
When you enter into any kind of negotiation – be it a sales negotiation, a salary discussion, or even asking someone out on a date – how easy it is to get what you want depends on...
Everyone wants to make a good impression. In some instances, we go as far as to put on a carefully curated positive version of themselves.
3 Oct, 2019
“If you are curious, you’ll find puzzles all around you. If you are determined, you will solve them.” — Erno Rubik
It’s anniversary night and you’re trying to decide on the perfect place to eat. Since it’s a special occasion you’re willing to pay a bit extra, but you also don’t want to spend...
26 Sep, 2019
We’ve all been there. You’re coming to the final stages of a negotiation and everything seems to be going well. Then suddenly you hit a brick wall. The other party has taken a...
20 Sep, 2019
Does it feel as if your negotiations are missing a little bit of that secret sauce that magically moves things into your favor? Well, you might be surprised to find that the...
11 Sep, 2019
Making concessions is a key part of any negotiation. After all, it’s the difference between artfully exchanging value in a way that encourages a long-term partnership and standing...
Negotiation is a lot like a game of poker, in that it often rides on how well you know the person sitting across from you: their tells, their style of communication, how they...
11 Sep, 2019
When a person enters into a negotiation, they can either wing it – ultimately leaving its outcome to fate – or they can arrive with a clearly defined game plan informed by...