Bargaining is an effective way to get a better deal on your shopping expenses. However, it can be difficult to execute it well because there are so many different types of bargaining techniques and strategies. This article will teach you how to bargain effectively in stores and in person.
- Prepare ahead
Prepare yourself before you go. Do your research and find out what the item costs in your town, the price range, determine your budget and the highest amount of money you are willing to pay for it.
If you don't have time to do this, ask a friend who knows what they're doing for advice or to come with you. Sometimes getting someone else involved can give you an idea of where things stand but also may help your bargaining skills as well!
2. Be polite and friendly
This is the most important part of any negotiation. It sends the message that you are a person who will treat others with respect, not just someone trying to take advantage of them. A warm smile, witty banter and an upbeat tone can go a long way in convincing retailers that you are serious about buying their product or service. Don't become aggressive or rude if they refuse your request for a discount — ask questions instead and leave them with the impression that there is still room for negotiation.
3. Be prepared with alternatives
If there's something else that would suit your needs better, at a more affordable price, go for it! The best way to do this is by asking if the seller has any other brand variations of the items requested. A lot of times brands have varying prices for a single item.
4. Buy in bulk
Another way that people can get discounts on products is by buying multiple items at once instead of buying each item separately. Retailers are more willing to reduce costs when you buy in bulk.
5. Ask what the best price they can offer is
A lot of times the initial price given by the retailer is not the ‘last price’. So, don’t be afraid to ask for the best possible price for the items you want to purchase.
6. Threaten to walk away
If the salesperson is refusing to go for your offer and is insisting on a certain price, don’t just accept it — threaten to walk away. The retailer seeing that they are about to lose a sale might have a change of mind, and call back to you. Just be prepared to drop your ego, and walk back, tail between your legs, if they don’t.
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