6 Tactics to Negotiate the Best Deal Possible

Nothing is absolute. When it comes to getting what you want, whether it’s the deal you’re trying to close or the car you’re buying, nothing is set in stone. You really can negotiate just about everything. 

 

Think about that a minute. You don’t have to pay the price listed whether you’re in a store shopping or talking to a vendor at a flea market. In fact, with the right tactics, you can negotiate the best deal possible, no matter where you are. 

Here are some tips to get you started:

 

Never Bother the Salesperson

 

To negotiate, you need to start with whoever is at the top. This means asking to speak to the store owner or the manager. The person in charge is the only one with the power to give you what you want. There’s no point in wasting time with anyone who doesn’t have the power to make a decision.

 

Put on Your Game Face

 

If you’re gushing about the product, you’ve already lost any power you might have had in the negotiation. A good poker face is essential. Never let on just how important something is to you.

 

Let Them Bid First

 

Negotiating is a game of back and forth. The trick? Never be the one to make the first move. Let them offer the opening price before making your offer. Then once you’ve put in your bid, wait for them to respond with a counteroffer before bidding again. Why? If you make the first bid, you might inadvertently start at a higher price than they were considering. Also, by taking turns, you never wind-up bidding against yourself, a tactic guaranteed to end in failure.

 

Lighten Up

 

Laugh. Smile. Keep things from getting too serious. Good negotiation happens when everyone is relaxed and enjoying themselves. This also has the benefit of keeping you from appearing too serious. If they think you’re not interested, they might offer up a better deal.

 

Try Email

 

Negotiating through another medium such as email slows down the process considerably and gives you time to really think about what you’re doing. It also provides a detailed record of the entire negotiation, so everyone is clear on the expectations and what the parameters of the final deal are.

 

Find a Training Ground

 

Wanting to negotiate something big and important like the purchase of a house or car? Spend some time practicing the art of negotiation. Flea markets, garage sales, and farmer’s markets are all great places to hone your skills. While there, watch how other people do it for additional insight.

 

In the end, you’ll be amazed at just how easy it is to learn how to negotiate to get what you want. With a little practice, you’ll be surprised at just how far you can go!