How do you discipline without spanking?

I think one should have more and more conversations with kids. If we logically put things across, kids get them better rather than when we try to make them understand by scolding or spanking them. Because then, they do not listen and just get upset because you behaved badly with them. And if you talk to them and make them understand, they listen and imbibe what you are saying. They realise that their behaviour was bad and even then no one is spanking me or scolding me. They acknowledge the fact that you have been nice to them when you had the choice of spanking them too. And which is why the chances of them adhering to what you say are quite high. So, in my opinion, we should talk to kids and make them understand why is right or wrong rather than yelling or spanking.