Negotiation Strategies and Outcomes

The video features a negotiation over a vintage 1930s tricycle. Initially priced at $160, Frank, known for his charm, attempts to negotiate a lower price. Despite his efforts, he ultimately agrees to pay Clyde's price of $125. The interaction highlights negotiation tactics and the influence of personal charm in bargaining.

What unique features does the tricycle from the 1930s have?

• Bluetooth connectivity and speakers

• Airflow handlebars and louvers on the wheels

• Electric motor and LED lights

• Adjustable seat and GPS

What was the initial price offered for the tricycle?

• $100

• $125

• $160

• $200

What nickname is Frank known by throughout the country?

• The Tricycle Expert

• The Southern Gentleman

• The Negotiation King

• The Bearded Charmer

What strategy does Frank use to try and get a better deal?

• He threatens to leave

• He offers a higher price

• He brings in a third party

• He tries to make Clyde feel special

What metaphor is used during the negotiation?

• Two negatives or two positives together

• A bird in the hand is worth two in the bush

• A penny saved is a penny earned

• The early bird catches the worm

What is the final agreed price for the tricycle?

• $150

• $110

• $100

• $125

How does Frank feel about the final negotiation outcome?

• He feels he lost

• He feels he won

• He is indifferent

• He is upset