Monday, February 04, 2008

How To Haggle

The Goal
In a nutshell, the goal of haggling is to come out of your purchases with a big smile on your face, knowing that you have not been cheated and that you paid a fair price for the product you purchased.

Too many people don't even realize the amount of money they are losing by simply not haggling. Sure, you may feel rude trying to bargain down a price, thinking that you are insulting the shopkeeper/vendor you are dealing with. A quick tip: If the shopkeeper acts like he's insulted, he's a good haggler. Its all an act in the world of commerce; of course the shopkeeper doesn't want to lose money so he will try to defend his set price but he also knows that he can sell for much cheaper and still come out with a profit, so he has priced his items in such a way that he can knock-off a few dollars and still walk away happy.

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