Photo by World Economic Forum

Negotiation is an art and at the same it is a skill that can be acquired. The key to be successful in the process is patience. It is the only virtue that can assure you to be fruitful in your negotiations.

1) For instance, a bargain with a shopkeeper will be in your favor only if you are polite to
him. Never try to be clever and cunning when you are on for it. Your reasoning reflects the output of your negotiation since it is the driving force that convinces the other party.

2) If you are up to mark then the process of negotiation would be smooth enough when it comes to negotiating remunerations whether it is a contract or your salary.

3) If you are backed with performance then you can go ahead for what you want with a polite and elegant manner for it else you will either need to wait for some more time
or just give a try without any anticipation of getting success.

4) The kinesics which means the body language has a great influence since it reflects your feelings and shows how genuine you are.

5) Do not be too demanding and at the same time timid but try to stand on the dividing line between them.

6) Your attempt must be at the right time at the right place with the right person in a right mood.

7) Try to make the negotiation mutually beneficial to make it successful and sustain.

Be truthful, realistic and practical while trying to make the other side believe. This
will make things happen to you like a cakewalk.

9) Estimate the interests and demands of the other party whether he is your boss or a shopkeeper or a businessman and prepare your talk respectively.

10) Provide options to the other party at the same time preserve your interests. Mention
few valid, proven and genuine reasons for why you deserve the change.

You might have a fear of spoiling your working relationship so to avoid this happen see that you are reasonable. Prepare with alternatives so that you can present them if you do not get what you want. If you are supposed to make promises in return then see that they are meet at least majority them. These things will count and simplify your future attempts. Whether it is a lease, buyout, acquisition, salary, deals or penalty try to be realistic as well as do not compromise if you deserve it to happen.

Never mind if your attempt does not help you but remember that they do not harm you. After all it is business so end of the day money matters.