High Impact NEGOTIATION STRATEGIES

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  1. Featured image for “How to Use the Decoy Effect in Procurement Negotiation”
    April 24, 2025

    How to Use the Decoy Effect in Procurement Negotiation

    In procurement, smart framing beats force. This article breaks down how to use the Decoy Effect—a behavioural science tactic—to guide suppliers toward your ideal outcome without pressure. Includes ready-to-use negotiation structures for…

  2. Featured image for “How to Negotiate in India: A Strategic Guide for Business Success”
    April 24, 2025

    How to Negotiate in India: A Strategic Guide for Business Success

    India is a land of immense opportunity—and complexity. To succeed in business negotiations here, foreign professionals must understand the nuances of hierarchy, relationship-building, and communication styles deeply embedded in Indian culture. This…

  3. Featured image for “The Contrast Principle in Procurement Negotiation”
    April 18, 2025

    The Contrast Principle in Procurement Negotiation

    In high-stakes procurement, perception is leverage. This article explores how elite buyers use the contrast principle to frame negotiations, control supplier expectations, and turn tough demands into easy “yeses.” Includes real-world examples,…

  4. Featured image for “Mastering Procurement Negotiations with Loss Aversion”
    April 17, 2025

    Mastering Procurement Negotiations with Loss Aversion

    In today’s procurement landscape, price cuts and supplier collaboration are no longer enough to drive meaningful results. This article explores how procurement professionals can apply the principle of loss aversion—a powerful cognitive…

  5. Featured image for “The High Cost of Low Leverage in Supplier Negotiations”
    March 28, 2025

    The High Cost of Low Leverage in Supplier Negotiations

    Procurement teams don’t lose negotiations in the room—they lose them in the preparation. This article explores five leverage-killing challenges and offers practical, actionable strategies to take back control. From benchmarking tactics to…

  6. Featured image for “How to Write a SaaS Price Negotiation Letter/Email”
    March 26, 2025

    How to Write a SaaS Price Negotiation Letter/Email

    If you’re responsible for negotiating SaaS contracts, this is the playbook you can’t afford to ignore. Learn how to craft a high-impact price negotiation letter using real-world procurement strategies, usage audits, competitive…

  7. Featured image for “Winning Negotiations with Software Providers”
    March 26, 2025

    Winning Negotiations with Software Providers

    Are ineffective software negotiations impacting your bottom line? Discover essential strategies with the BNA Procurement Negotiation Training and Software Negotiation Playbook to confidently tackle vendor tactics, hidden costs, and achieve measurable cost…

  8. Featured image for “How to Use SWOT Analysis Effectively in Supplier Negotiations”
    March 25, 2025

    How to Use SWOT Analysis Effectively in Supplier Negotiations

    Discover how to effectively apply SWOT analysis in supplier negotiations. This guide offers detailed insights, actionable strategies, and practical examples to leverage internal strengths, manage weaknesses, exploit market opportunities, and mitigate threats…

  9. Featured image for “How to Negotiate with the Chinese: A Strategic Guide for Business Success”
    March 20, 2025

    How to Negotiate with the Chinese: A Strategic Guide for Business Success

    Negotiating in China requires more than just business acumen—it demands cultural intelligence, patience, and the ability to build long-term relationships. Unlike Western deal-making, which often prioritises efficiency and contracts, Chinese negotiations are…

  10. Featured image for “Turning the Tables in Supplier Negotiations: How to Shift the Power Dynamic”
    March 14, 2025

    Turning the Tables in Supplier Negotiations: How to Shift the Power Dynamic

    In supplier negotiations, power dynamics dictate outcomes. Procurement teams often negotiate reactively, responding to supplier-driven pricing and terms. However, by using the Supplier Power vs. Buyer Power Mapping Model, procurement professionals can…