Negotiation Strategies

By: A Staff Writer

Updated on: Oct 22, 2024

Get What You Deserve 🤝

Whether it’s with vendors, clients, or job offers, strong negotiation skills pay off.

• Preparation is Paramount: Know your BATNA (Best Alternative to Negotiated Agreement), and your walkaway point.
• Aim High, Expect Compromise: Start with an ambitious ask, leaves room for bargaining.
• It’s Not Personal: Focus on the deal, separate emotions for clear, effective communication.
• Leverage Information: The more data you have, the stronger your position (market comps, etc.).
• Seek Win-Win: Finding solutions that benefit both sides creates lasting partnerships.
• Practice Makes Perfect: Role-playing low-stakes negotiations builds confidence for high-pressure situations.

Negotiation isn’t about ‘beating’ the other side, it’s about achieving the best possible outcome.