Sales And Negotiation Skills - Notes, Syllabus & Materials | YNetStudyHub

Sales And Negotiation Skills

Comprehensive curriculum, topic notes, practice questions, and past examination papers for Sales And Negotiation Skills on YNetStudyHub.

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10 Practice Questions
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Updated 4 months ago

Topics & Syllabus 10

#1 Introduction to Sales and Negotiation Skills
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#2 Sales Techniques and Strategies
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#3 Negotiation Styles and Approaches
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#4 Building Rapport and Trust in Sales
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#5 Handling Objections and Overcoming Challenges
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#6 Sales Ethics and Professionalism
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#7 Effective Communication in Sales and Negotiations
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#8 Sales Presentation Skills
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#9 Closing Techniques and Deal Closure
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#10 Negotiation Tactics and Strategies
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Unit Outline 30h

Learning Objectives

5 objectives
  • Understand fundamental concepts of sales and negotiation and their importance in business.
  • Apply various sales techniques and negotiation strategies effectively in real-world scenarios.
  • Develop skills to build rapport, handle objections, and close deals ethically and professionally.
  • Demonstrate effective communication and presentation skills tailored to sales and negotiation contexts.
  • Analyze and adapt negotiation styles and tactics to achieve mutually beneficial outcomes.

Content Outline

Preview

1. Introduction to Sales and Negotiation Skills

  • Definition and importance of sales
  • Overview of negotiation in business
  • Relationship between sales and negotiation

2. Sales Techniques and Strategies

  • Consultative selling
  • Solution selling
  • SPIN selling technique
  • Relationship selling
  • Prospecting and lead generation

3. Negotiation Styles and Approaches

  • Competitive vs. Collaborative negotiation
  • Distributive vs. Integrative negotiation
  • Understanding BATNA (Best Alternative To a Negotiated Agreement)
  • Cultural considerations in negotiation

4. Building Rapport and Trust in Sales

  • Importance of rapport in sales success
  • Techniques for building trust
  • Active listening and empathy
  • Non-verbal communication cues

5. Handling Objections and Overcoming Challenges

  • Common types of objections
  • Techniques for objection handling
  • Turning objections into opportunities
  • Managing difficult customers

6. Sales Ethics and Professionalism

  • Ethical considerations in sales
  • Maintaining transparency and honesty
  • Avoiding manipulative tactics
  • Professional conduct and accountability

7. Effective Communication in Sales and Negotiations

  • Verbal and non-verbal communication skills
  • Questioning techniques
  • Persuasion and influence
  • Listening skills

8. Sales Presentation Skills

  • Structuring a sales presentation
  • Using visual aids and technology
  • Engaging and persuading the audience
  • Handling questions during presentations

9. Closing Techniques and Deal Closure

  • Recognizing buying signals
  • Different closing techniques (e.g., assumptive close, urgency close)
  • Negotiating terms and conditions
  • Finalizing agreements

10. Negotiation Tactics and Strategies

  • Preparation and planning
  • Anchoring and framing
  • Concessions and trade-offs
  • Managing deadlocks and conflicts
  • Post-negotiation evaluation
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Parent Course
Certificate in Entrepreneurship

This unit is an integral part of the Certificate in Entrepreneurship syllabus.

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