Bargaining
Bargaining is one of the easiest and most popular methods of negotiation. To bargain effectively, you don't need to have strong influencing skills. However, you do need higher levels of intuition because it can be costly to use bargaining at the wrong time, such as too soon in a negotiation.
For example, you're in negotiations with a large software firm, trying to get a lower price for a large number of software licenses for your company. Your manager has told you not to leave the negotiations until you get at least a 20 percent discount off the retail price. Once you sense that the sales representative really needs your business, you begin bargaining by asking for 30 percent off. You then go back and forth with the sales representative, bargaining for a lower price, until you both agree on a 22 percent discount.