Consumer Reports conducted a survey that found nine out of 10 Americans who haggle save money.
35% of people who answered the survey refuse to haggle at all, reports PR Newswire.
Consumer Reports also highlights successful strategies when haggling.
- Give sellers a reason to negotiate – Repeat customers can remind retailers of their loyalty as a bargaining chip for discounts.
- Ask open-ended questions – Question that can be answered with a “yes” or “no” don’t help. Instead try asking what the retailer is willing to give as a discount.
- Decide on a fair price – Don’t just go in and blindly demand a discount. Research the product and find similar retailers that offer it cheaper and try to negotiate a price match.
- Seek a discount for cash – Paying with cash eliminates fees that retailers would have to pay to credit-card companies.
- Find flaws – Look for damage on merchandise. Scratches and dings can be used to argue for a lower price.
- Be willing to walk away – If a store isn’t willing to budge then try a different store.
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