Consumer Reports: It Pays to Haggle on Everyday Items

Nine out of 10 Americans save money by haggling

   

Consumer Reports: It Pays to Haggle on Everyday Items

bargain 185x185 Consumer Reports: It Pays to Haggle on Everyday ItemsConsumer 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.

To read the full article follow the link.


Article printed from InvestorPlace Media, http://investorplace.com/2013/07/consumer-reports-it-pays-to-haggle-on-everyday-items/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.