Artwork
iconShare
 
Manage episode 491738351 series 3648513
Content provided by Scott Davison. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Davison or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

I share the step-by-step process I followed to reduce my annual car-insurance premium by $472 in less than 30 minutes.

After walking through the personal example, I outline how AI can also assist with more complex business negotiations, from supplier contracts to six-figure SaaS renewals.

With AI as your partner, there is no excuse to go into any negotiation unprepared.

  • Turning ChatGPT into a policy analyst – how I asked the model to review my renewal documents and highlight every potential saving.

  • Building a like-for-like market comparison – the prompt that produced a clear table of alternative quotes from seven insurers.

  • Preparing a concise negotiation script – the structure ChatGPT suggested for my opening request, follow-up questions, and closing statement.

  • Implications for comparison websites – why instant, AI-driven analysis may change how we shop for insurance and other services.

  • Simple privacy safeguards – the setting changes you should make before sharing any personal document with an LLM.

  • Applying professional negotiation models to larger deals – mapping the process to frameworks such as Harvard Principled Negotiation, the Seven-Elements checklist and the Toulmin Model

  • Resources and Links mentions

  • Let's continue the discussion

    Have you used AI to reduce a household bill or improve a business deal? I’d enjoy hearing your experience. Connect with me on LinkedIn or post your comments below.

    Chapters

    00:00 Introduction - how i saved $472 on car insurance using AI

    03:11 Step 1: review your current policy

    05:39 Step 2: conduct a market comparison using AI

    07:50 Step 3: Summarise key negotiation points and competitor rate, including a sample script

    08:15 Step 4: get on the phone and negotiate a better price.

    09:46 What does this mean for comparison sites?

    10:14 How to protect your privacy

    12:16 How to use AI for complex business deals and contract negotiation

    18:50 My way or the AI way Remix - courtsey of Mubert - 5 sec.mp3

      continue reading

    18 episodes