Bargaining, or haggling, is an age-old tradition of negotiating the prices through intense discussions. It is mostly practiced in local markets and street shopping.
Learning the art of haggling is very important; especially if you are a shopaholic. Do you know how to bargain price?
Let us help you. Here’s a list of best bargaining techniques that will surely help you bargain like a pro.
#1. Find The Right Situation
Before you start bargaining, it is important that you observe the surroundings. A shopkeeper will never agree to bargain the prices when he has other customers to attend. Wait for a few people to leave, so that the shopkeeper agrees to reduce the price for you without letting other customers know about it.
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#2. Always Have Your Cash Handy
We usually bargain during street shopping. The vendors are smart enough to come down to a value which involves change. While you go out on a shopping spree, make sure you carry enough cash, especially change money, so that you never end up paying more than you should.
#3. Make A Fair Argument
Vendors are used to bargaining with customers and therefore, do not give up too easily. Make sure you pick up some valid points and give him an impression that you are a regular customer who is aware of the market prices. It is surely going to make him reduce the prices.
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#1. Do Not Express Excitement Or Fondness
Just like shopping, haggling too is an art. It’s an art which needs two artists, one the customer and the second is the shopkeeper. While you browse through the multiple sections of clothes and finally pick the ones you like, it is extremely important to contain your excitement. If a shopkeeper notices your fondness for a particular merchandise, he would never agree to bargain.
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#2. Bargain As Much As You Can
Do not shy away from quoting a price that is too less than what the vendor demanded. You can literally drop down the original price by 25-30%. Vendors are reluctant initially, but sooner or later, they come down to your prices.
#3. Walk Away
The most popular amongst the haggling techniques is to walk out of the shop if the vendor disagrees to your quoted price. A shopkeeper will never be okay with letting a customer walk away because of a minor bargain. He will most definitely call you back and agree to sell you the product at your price.
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Here are few examples on how you should bargain.
Example 1: (In Case You End Up With A Nagging Customer)
Customer: I am really interested in buying this television. How much is it for?
Shopkeeper: This TV is for $2500.
Customer: That's too expensive for me.
Shopkeeper: This television is of very high quality.
Customer: I'll buy it for $2000.
Shopkeeper: I'm sorry, but the price is final.
Example 2 : ( In Case You Go Out For Street Shopping)
Customer: How much for this dress?
Shopkeeper: $40 Mam.
Customer: $40 for a dress? That is too expensive.
Shopkeeper: It’s fine quality, durable and the latest fashion
Customer: I am well aware of the fashion trends. I will pay you nothing more than 18$.
Shopkeeper: At least give me $25?
Customer: Not a penny more than $20?
Shopkeeper: Okay !!
Do you love to bargain while you go on street shopping? Let us know in the comment section below.
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