Business Negotiation English

05.Closing the negotiation

  • Summarizing
  • Raising concerns and giving reassurance
  • Delaying and accepting

1. Summarizing

Amy: So, let’s go over what we’ve decided so far. You’d like 500 units of model X2 for this month’s order. Delivery will be on September 4. And our maintenance team will visit your factory on October 5 for our semi-annual routine check on the machines. The total price with tax is $45,890. Do we have a deal?

Sam: There’s one other issue. What about delivery costs?

Amy: There’s no charge for orders of more than 200 units.

Sam: Great. Let’s start the paperwork.

Useful expressions

Let’s just confirm the details, then.
Let’s make sure we agree on these points.
Let me go over what we talked about.
So, here’s what we’ve agreed to.
1. Customer and supplier2. Employee and manager
Quantity: 300 units
Price: $42/unit x 300 units = $12,600
Delivery: 100 units on May 23, 100 units on June 12, 100 units on July 17
Future orders: undecided
Salary: 5% raise
Bonus: 7% of annual salary
Dental cover: yes
Vacation days: 15 days
Company car: undecided

2. Raising concerns and giving reassurance

Pre-listening questions

  1. What are the customer’s concerns?
  2. How did the supplier give reassurance?
  3. Did they close the deal?

Track 8

Listen to a supplier giving reassurance to a customer over her concerns.

Raising concernsGiving reassurance

Give reassurance about the following concerns.

  1. I’m still worried about the presentation I have to give tomorrow.
  2. I don’t think we can finish this project on time.
  3. Think of your own example.

3. Delaying and accepting

Track 9

Track 10 Track 11 Listen to three customers delaying making a deal.

Reason for delayingCustomer’s action
Customer 1
Customer 2
Customer 3

Useful expressions

We need to do a little more research to come to a decision.
I’d like to consult with my superiors before making a decision.
I’ll need a little more time to think about this.
I’m not quite ready to give you an answer.

I think we have a deal.
We are ready to accept your offer.
This agreement is acceptable to us.
It’s my pleasure to say that we accept your offer.

Use the prompts to delay a deal.

  1. Poor quality so need to do more research.
  2. Too expensive so need to consult boss.
  3. Doesn’t meet needs so need more time.

4. Putting it all together

Role A: employee

You are the youngest member in your department. You are also the best employee. You usually finish your work and leave at 6:00 p.m. while others in your department work until 9:00 or 10:00 p.m. You feel that you should get a raise as you are more productive than the others. Negotiate a raise with your boss.

Role B: boss

Some of your staff have complained about a new employee in your department. He/she is very young and energetic but makes a lot of mistakes. Your staff often have to work late correcting these mistakes while the new employee goes home at 6:00 p.m. Go talk to this new employee.

Tip!

Once you make an offer, don’t add to or change it until you get a response.

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