The definition of a bargain is an understanding between two people on the cost of goods or services. If someone agrees to sell a product at 10 percent off as long as the other person orders at least 12, that is an example of a bargain.

an advantageous purchase, especially one acquired at less than the usual cost: The sale offered bargains galore. an agreement between parties settling what each shall give and take or perform and receive in a transaction. such an agreement as affecting one of the parties: a losing bargain.

Something that is a bargain is good value for money, usually because it has been sold at a lower price than normal. At this price the wine is a bargain. I’ll make a bargain with you.

His attorney would have gone for a plea bargain . Personally, I like it best too, and I think it’s the best bargain . She had just under fourteen days left with the Black God until his bargain with her boss was up, and she could go home.

I made a bargain with Matthew. I’ll help him with his French homework if he helps me with math. He was able to get a good bargain by buying stuff in bulk. that he that does not ask will never get a bargain.

1 : to negotiate over the terms of a purchase, agreement, or contract : haggle The seller might be willing to bargain over the price.

sold at a low price, or a lower price than usual: bargain-priced stocks.

Vocabulary to Help you negotiate the Price in English

1. fixed budget – a maximum amount you can afford to pay.
2. tight budget – very little flexibility in what you can afford to pay.
3. particular budget – meets your estimate of what you are willing to pay.
4. to shop around – to look at many places.
5. discount – reduced price.

So, you can say: “I’ll give you £20 for it.” Slowly: I’ll give you £20 for it. Let’s break this down: ‘I’ll give you’ tells the person how much you want to spend. Next you say the price, which in this case is ‘£20’, followed by ‘for it’, which means the item.

10 Tips for Negotiating a Better Price on Anything

1. Do your homework.
2. Don’t be afraid to walk away.
3. Ask the right person.
4. Time it right.
5. Pay with paper instead of plastic.
6. Don’t fear awkwardness.
7. Be friendly.
8. Be firm.

To haggle is when two parties involved in a transaction such as the purchase of a good and service negotiate the price until both parties can mutually agree on a fair price. The process of haggling involves two parties making sequential offers and counteroffers to each other until a price is agreed upon.

A negotiation is a strategic discussion that resolves an issue in a way that both parties find acceptable. In a negotiation, each party tries to persuade the other to agree with his or her point of view. By negotiating, all involved parties try to avoid arguing but agree to reach some form of compromise.

Negotiation Stages Introduction

• There are five collaborative stages of the negotiation process: Prepare, Information Exchange, Bargain, Conclude, Execute.
• There is no shortcut to negotiation preparation.
• Building trust in negotiations is key.
• Communication skills are critical during bargaining.

There are various types of negotiation:

• Distributive Negotiation. Distributive negotiation is when two parties bargain over a single product or issue, such as price.
• Integrative Negotiation.
• Multiparty Negotiation.
• Team Negotiation.
• Positional Negotiation.

Definition of Ground Rules. Clarification and Justification. Bargaining and Problem Solving. Closure and Implementation.

Negotiation is a method by which people settle differences. It is a process by which compromise or agreement is reached while avoiding argument and dispute….Another view of negotiation comprises 4 elements:

• Strategy,
• Process,
• Tools, and.
• Tactics.

Prepare: Negotiation preparation is easy to ignore, but it’s a vital first stage of the negotiating process. To prepare, research both sides of the discussion, identify any possible trade-offs, determine your most-desired and least-desired possible outcomes.

Some of the most common are distributive negotiation, integrative negotiation, team negotiation, and multiparty negotiation. In distributive negotiation, parties compete over the distribution of a fixed pool of value. Here, any gain by one party represents a loss to the other.

How to negotiate (4 key rules to getting what you want)

1. Find what you can negotiate (most things are negotiable, but not everything)
2. Focus on win-win agreements (this is what the BEST do)
3. Do plenty of research before every negotiation.
4. Practice negotiating relentlessly.

10 steps to successful negotiations

1. Set your goals.
2. Do your research.
3. Identify the decision maker early on.
4. Build trust.
5. Be firm with your request, but empathetic.
6. Don’t accept the offer right away.
7. Carefully think through your questions.
8. Demonstrate your passion.

7 Must-Ask Questions in Any Negotiation

1. Would you explain the reasons for your position?
2. Is there any reason you can’t?
3. Why do you think this is a fair and reasonable term or condition?
4. Why is that point or provision important?
5. What part of my proposal gives you the most concern?
6. What documentation or proof do you have to validate your position?