Definition of Negotiation "reaching the most satisfactory outcome for ALL concerned" |
The Art of Haggling
Did you know that at one time in this country that there were no fixed prices on anything. You would go into a store and find an item you needed then you would begin the process of negotiating the price. This might seem foreign to us today, but it use to be the rule. In a later article I'll talk more about the history of price negotiation in this country, but today I want to give you some pointers about how to negotiate well. To begin with you can negotiate the price on just about any item today. You would be surprised at just how many stores will gladly talk to you about a price reduction, but before we get to the techniques of negotiation,we need to remember some simple rules of negotiation. First never negotiate the price of an item that you do not intend on buying. It is unfair to the seller and to other shoppers who are serious about a purchase. Secondly, be reasonable and not greedy. The seller needs to make a profit to stay in business so don't make outrageous price reduction demands. He will be easier to work with if he believes that you are being fair and not just trying to cheat him. Thirdly, please be patient and courteous at all times. Remember that your goal is to get the best deal you can, so go slow enough that the seller believes that you really care about the item in question. Now on to the techniques of negotiating. If you take my advice and go slow, this part will be much earier. Ask the seller about the item and let him tell you what he knows. Show genuine interest in the item and if you are not all that interested after he has told you about it, then thank him for his time and dismiss yourself. Most sellers will appreciate this approach more than an abrupt exit and also remember to always ask for some type of card so you can be sure of who you talked to should you want to see the item again. If after he has shown you the item and you are still interested, then clarify the asking price. Occasionally the seller will allow for a modest discount with as simple a request as "Is that the lowest that you can go" on your part. If the seller offers a price reduction and it is suitable to you, then complete the transaction and leave. Should the seller need for someone else to approve a price reduction, then wait patiently for them to arrive. Do not appear to be impatient or irritated. When the person arrives who can give you a price reduction, be sure to immediately thank them for taking their time to help you. Ask them about the item and remember they are not aware of what you have discussed with the other person. So do not assume they are aware of what you are requesting. Do not use complaints as the basis of your request and use the same approach as you did with the other person. If a price can be agreed to, then you leave happy and they have made a sale. But let's say that you are unable to get the reduction you desire, then thank them for their help and ask if the item may be available at a lower price in the future. This lets them know that you are interested in the item and not just trying to get something for nothing. Finally remember that not all attempts will be successful and you do not have to get a reduction on everything you buy. So pick your items carefully and be consistent. You'll be surprised at just how many things can be purchased for a reduced price. I hope you the best of luck in the future as you use these simple rules. P.S. I've used them and they do work, Steve. Steve Havard is the owner of Havard Printing and is currently writing several books. Steve writes about a wide range of subjects from religion, to computers. He can be reached at havardprinting@hotmail.com or you can view his website at http://havardprinting.netfirms.com.
MORE RESOURCES: Russia wants Kursk back before negotiations. Ukraine isn’t budging. The Washington Post Putin does not want negotiations with Ukraine – German Ambassador Ukrainska Pravda Teacher negotiations head into weekend with no signs of progress Marblehead Current Gloucester mayor raises middle finger while leaving tense negotiations with striking educators Boston.com "They wanted to keep me" - New UAE Team Emirates rider Florian Vermeersch reveals negotiation difficulties with Lotto Dstny CyclingUpToDate.com Belarus Demands a Seat at Russia-Ukraine Negotiation Table The Jamestown Foundation USD School of Law Client Advocacy Negotiation Team Advances to National ABA Negotiation Competition University of San Diego Website One AI to Another: Is That Your Best Offer? IEEE Spectrum Arbitration delays have negotiations between Stonington schools, paras at a standstill The Westerly Sun ILA-USMX’s automation divide halts negotiations again Supply Chain Dive The Negotiation Advantage: How Women’s Relational Skills Drive Better Deals Columbia University Polarities course explores benefits of recognizing, negotiating ‘interdependent opposites’ Harvard Law School More Than 1,700 Fossil Fuel Lobbyists at UN Climate Negotiations Yale Environment 360 After years of negotiation, Port of Olympia ratifies contract with union representing marina and boatyard employees The Jolt News Medicare Drug Price Negotiation Program: Negotiated Prices for Initial Price Applicability Year 2026 CMS As Trump pushes Ukraine to negotiate, Britain’s MPs say UK must ensure ‘just terms’ The Guardian M&A Negotiation Simulator: Open-Source Release of Alpha Prototype Stanford Law School Negotiate with Hackers? Buchanan Ingersoll & Rooney Discuss Cyber Magazine ‘No to Conservatives’: Socialists Walk Away From Negotiation Table on EU Commissioners The European Conservative ILA, USMX negotiations break down Recycling Today Behind the Scenes, Preparations for Russia-Ukraine Negotiations Carnegie Endowment for International Peace Entertainment law competition Nov. 6-7 becomes newest negotiation event at Tulane Law Tulane Law School | Inside graduate workers’ contract proposal and past negotiations The Stanford Daily Twelfth meeting of the Intergovernmental Negotiating Body (INB) for a WHO instrument on pandemic prevention, preparedness and response World Health Organization Impact of federal negotiation of prescription drug prices Brookings Institution As Negotiations Drag On, Animation Guild Members March on DreamWorks Hollywood Reporter Medicare Drug Price Negotiation Program: CMS Releases New Discounted Prices for 2026 Selected Drugs Wiley Rein ‘Think About Negotiation As Relationship Management Rather Than A Dealmaking Skill’ Chief Executive Unions walk away from US East Coast ports contract negotiations Seatrade Maritime News Labor Negotiations on City Council Agenda Beverly Hills Courier HHS issues final guidance for second cycle of drug price negotiations American Hospital Association Overturning Chevron Doctrine Could Impact Medicare’s Drug Selections For Price Negotiations Forbes Why is Elon Musk Negotiating With Iran? The New Republic Scholz urges Putin to "enter into negotiations" with Ukraine in first phone call in two years EURACTIV Trump wants to bring Ukraine, Russia to negotiating table, national security advisor nominee says Kyiv Independent Negotiate Like a Pro HBR.org Daily What Medicare Negotiation Tells Us About Drug Pricing In The U.S. healthaffairs.org Students practice statecraft, diplomacy, negotiation skills James Madison University EU accession: Ukraine presents legislation for key negotiation cluster to European Commission Ukrinform United Airlines Flight Attendants Are 'Livid' After Federal Mediators Suspend Contract Negotiations Until 2025. paddleyourownkanoo.com AHA submits comments on CMS draft guidance for Medicare drug price negotiation program American Hospital Association PPC Webinar | Policy Matters: Tracking Plastic Laws After Global Treaty Negotiations Plastic Pollution Coalition Ihab Khatib named 2025 Fisher Fellow in negotiation and conflict resolution Harvard Law School Striking teachers in one North Shore district accuse school committee of stalling negotiations WCVB Boston Lower Drug Prices Announced Under Medicare Negotiation Program AJMC.com Managed Markets Network Anheuser-Busch accused of retaliation for Seattle plant closure amid worker contract negotiations KIRO Seattle Trump ‘respects’ a negotiation — Seoul should stand up for its interests at the bargaining table, says expert The Hankyoreh Lior Frankiensztajn named 2024 Fisher Fellow in negotiation and conflict resolution Harvard Law School ILA dockworker negotiations stall, raising chance of a January strike at Baltimore’s port Baltimore Sun UA holds rally amid stalled negotiations over pay Oregon Daily Emerald Striking teachers allege possible spying during negotiations The Salem News CMS readies changes for 2nd round of drug price negotiation program Fierce healthcare Iran signals willingness to negotiate nuclear program safeguards following Trump reelection Washington Examiner IGA-455: Climate Leadership: Persuasion, Advocacy and Negotiation Harvard Kennedy School The First-Ever Government Negotiation Process for Drugs Has Finished, But the Politics Are Ongoing KFF Blog: Key insights from climate negotiations - Lessons from successive Commonwealth Summits Commonwealth Despite the threat of a strike, SEPTA CEO ‘still hopeful’ while contract negotiations carry on KYW CropLife Retail Week: The Andersons Acquisition, Longshoremen Negotiations, and Drones Market Future CropLife |
RELATED ARTICLES
Can a Corporate Executive Really Use The Beautiful Mind; To guide decision making? I would like to comment on the "A Beautiful Mind" movie and the book, which was actually much better. I just finished reading another book on the similar side of John Nashs' assertion of working together rather than competing against. Negotiations: The Art, Science, & Sport of Online Deals Negotiations can seem as complex as physics, and in fact, people go to college to study the science of negotiating just as they would the laws of nature. At the same time, negotiation is like an ancient art form, some sort of Zen mental jujitsu. Negotiate to Your Advantage The hardest and most important part of any negotiation is knowing when to walk away.Few things are sweeter than a successful negotiation session where both parties leave the table with a winning solution. Negotiate Your Way to a Better Salary 1. Be persuasive: It's hard to force your boss to increase your compensation, and trying to do so can potentially damage your working relationship. Win-Win Power Negotiating Let's talk about win-win negotiating. Instead of trying to dominate the other person and trick him into doing things he wouldn't normally do, I believe that you should work with the other person to work out your problems and develop a solution with which both of you can win. Can a Service Be a Commodity Well Enron dealt with this a little for instance an intangible such as the available bandwidth in fiber optic lines. So what is a commodity in a service business? Well, a commodity could be considered are capacity to wash cars for a mobile car wash business like the company I own, the additionally created capacity coming from increased efficiency in studying production rates. Do You Want a Paycheck or a Passion? 10 Qualities Managers are Looking for in Hiring You Based upon my research of over 300 managers in the last two years, I have found what qualities are most important to hiring managers.You will be in a more competitive advantage if you do a self-assessment to determine if you possess these qualities. How to Change Somebody's Mind Believe me, it's not easy! And sometimes, it doesn't work at all.But while researching my book on how to produce more memorable writing, I stumbled upon these "mind changing" ideas from multiple sources. What Are The Four Types Of Negotiating Outcomes? Negotiating outcomes are the types of results that can happen at the end of a negotiation. All negotiations end up with one out of four possible outcomes: one party wins and the other loses, both parties lose, they get stuck in a stalemate, or both end up winning. The Most Powerful Persuasion Skill Youll Ever Learn Criteria ElicitationThis is without a doubt the most important persuasion skill that you can learn. If you'll learn to apply this to every situation in which you find yourself you'll be amazed at the positive results! Many of the hypnotic skills I'll be sharing with you have a parallel in old sales training techniques. Negotiating Tactics: How To Strike A Negotiable Opening Shot There is no right or wrong to fire up your opening negotiation.. Cross Cultural Negotiations Cross cultural negotiation is one of many specialized areas within the wider field of cross cultural communications. By taking cross cultural negotiation training, negotiators and sales personnel give themselves an advantage over competitors. Writing an RFP (Request for Proposal) A while back, a potential client provided me with some general details of the writing work he wanted me to do for his company. Then he asked me to send him a proposal. Communicating Across Time Horizons There was a time in my life when I sold life insurance. Well, to be frank, I tried to sell life insurance. Better Internal Proposals A colleague of mine has a problem. We belong to the same association and he's been trying for quite some time, without success, to get support for one of his proposals. Negotiating Skills: Ask For More Than You Expect To Get It creates some negotiating room, and you might just get what you're asking for.Whether playing the role of buyer or seller in a sales transaction, asking for more than you expect to get is a classic opening position in negotiations. Four Ways To Work Out Business Disputes Business owners have four options to resolve disputes with partners, vendors or customers. Each option is based on different assumptions, and entails a different cost. The Art of Negotiation in 535 words I want to get better at negotiation, but where to start? UK Amazon currently has 2332 books on negotiation. Google indexed nearly 4 million relevant (yeah right) pages. Determine Your Rate And Negotiate Carefully With Unreasonable Clients Consultants who offer executive assistant or computer services on a virtual basis must know their value and be prepared to gauge their billable rate to meet the circumstances.At some point everyone encounters potential clients who expect professional work at rates that are less than appropriate. Resolve Conflict In 6 Easy Steps - The BEDROL Method The principles of Negotiation can work for you in any situation, but often people ask me, "Well, its often a fact that conflict happens unexpectedly. What if I don't have time to prepare? Can negotiation skills be used on the spur of the moment?" The answer is YES. |
Home | Site Map | Disclaimer | Privacy Policy |
© Career Consulting Limited 2015 |