Peer Review

· Be reasonable.

· Tell them your story so they can get a better idea of what you’re looking for.

· Don’t be afraid to walk away.

· If they can’t change the price, find another avenue to sugarcoat the deal.

· Always be a good customer.

· If they can’t give you the deal you’re looking for, ask for their boss.

· Understand the local business culture.

· Don’t be too aggressive.

· Be quiet when it counts.

So what?

A lot of the information I found relates back to being prepared, and being in a good position to negotiate. This was all so similar to what we have been going over in class, and even if someone isn’t preparing for a wedding in particular, they can take this information and apply it anywhere else. If you are searching for a car, or purchasing a house, you can still use skills like not being afraid to walk away, understanding the local business culture, etc. All you really need to do is change what you are looking for, and apply these standards to whatever you are negotiating. This is really just one example of where to use this tool. The applications of this are limitless.