Bargaining Strategy

A bargaining strategy is a planned approach used when negotiating to reach an agreement that benefits you while maintaining a good relationship with the other party. It involves setting clear goals, understanding the other person's needs, and deciding on your priorities and limits beforehand. Effective strategies include making reasonable offers, listening actively, and being willing to compromise. The goal is to find a mutually acceptable solution through communication, patience, and flexibility, ensuring both sides feel satisfied with the outcome.