Haggling is the act of negotiating a better price for a purchase. Now, don't expect to walk into a discount store like Walmart or Kmart and haggle them down on the price. But according to recent trends there are opportunities to haggle for a better price.
Here is a list of 10 tips to Haggle (from an article on PalmBeachPost.com)
Rule 1: Be friendly and polite.
Rule 2: Leverage your loyalty.
Rule 3: Don't take coupons at face value.
Rule 4: Build personal relationships.
Rule 5: Embrace rejection.
Rule 6: Offer to pay cash.
Rule 7: Avoid an audience.
Rule 8: Keep an eye out for opportunity.
Rule 9: Outsource your negotiating. Sites such as Amazon.com, Priceline.com, Hotwire.com, Hotels.com and Restaurant.com let you compare prices.
Rule 10: Sometimes it's OK not to negotiate.
Where there's room to negotiate
Here are products and services that are ripe for haggling, based on a Consumer Reports survey showing how often haggling was successful:
Hotel rooms: 83%
Clothes: 81%
Cellphone service: 81%
Jewelry: 79%
Airfare: 78%
Appliances: 75%
Electronics: 71%
Furniture: 71%
Credit card fees: 62%
Medical bills: 58%
Wednesday, February 3, 2010
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