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First of all, negotiationg is a discussion aimed at reaching an agreement. persuading involves being able to convince others to win this agreement over.
Persuading is an art. Some are born with it but it can be obtained through practice and knowledge.
Listen carefully to the projected argument. Focus on the weaknesses and replace them with reasonable alternatives. Give great examples where your idea had a recognizable impact. Be very careful with your words or you might seem desrespectful or degrading the person you are dealing with!
Keep informing yourself by going through articles about human psychology, body language and persuasion techniques. You will be surprised how things go from there. Good Luck!
Confidence and Knowledge on the business
Communications, Presentation, Skills to play chess because you need to answer on spot and you need to practice.
You also need to read and do your home work about the person/company you are negotiating with and you need to be ready with data from the market. All of those will put you in the front.
The following are the skills and abilities required to enter the negotiation Business:
1. Open mindedness
2. Purposefulness
3. Listening skills
4. Analytical skills
5. communication skills
6. interpersonal skills
7. bargaining skills
What is Negotiation? It’s a process of giving and taking - one has to understand the valuations, for e.g. a seller wants to sell a car, and offers to give first year insurance free, now obliviously the free insurance given will cost the seller some amount, so the seller has to know the value of the free insurance given & must know how can he recover the cost, otherwise he will have to take a hit on his profit margins. The seller can offer to install a GPRS safety system (not a part of standard feature) and recover a part of the insurance cost. On the other had the buyer gets a free insurance and GRPS safety system may be a little costly but is assured of his / her car safety. In conclusion Negotiation is an art of giving and taking....
I think the best person would be who clearly convey his point of view and also have good listing skill.
Strong market knowledge.
Your profit margins.
effective Comunication and soft skills are important.