Most consumers have been programmed to believe that the price of things is set in stone. While this is true in some cases, in many others situations, you could be over-paying by not learning the fine art of haggling.
Haggling can seem like it is something that takes extra time we all don’t have, but if you are trying to save some money, it can be the best tool you have to do so. Anyone can haggle, too. You don’t have to have a powerful name or lots of money to back you up. It is all about attitude and sometimes, knowing the right things to say. Here are some tips for haggling for the best price on just about anything.
How to Haggle for the Best Price
Ask for a better price. You would be surprised how many service providers and store owners are willing to just give in that easy. Some may have lots of competition, and others may simply be looking to build a loyal customer base, but many businesses are willing to drop their prices when folks simply ask.
Use the “language”. The language is simply knowing what kinds of phrases let the other guy know you are serious. Say things like, “I may just need to shop around a bit for a better deal”, “I know I saw this cheaper at (competitor)” or simply, “That is too expensive – I am not willing to pay that much” and you may find yourself on the good end of a bargain.
If you can’t negotiate on price, negotiate on extras or freebies. This works best for service providers such as cell phone or cable TV, but letting the company know up front that you think you would be getting a better deal if they threw in A and B too will open the board up for haggling.
Be friendly but firm. No one wants to haggle with a person that insults them. Don’t belittle a company in order to get what you want. In fact, complimenting them may just catch you a better deal in the end. Simply say that you heard they were good at such and such or if you have been a long time customer and are haggling on a new contract, point out that you really would hate to go elsewhere because they are so good at _____.
Come prepared. This means knowing what competitors are offering and if possible, bring in mobile or paper adds. While most companies are aware of what their competition is doing, they hope the customer isn’t quite as aware and if you seem like you did your homework, they will often be willing to match or beat a price you can show them.
Talk to someone that can make changes. While some hourly employees and associate have some power to adjust prices, sometimes you need to talk to upper management. Ask to speak to one matter-of-factly and this could be your ticket to being able to haggle with the right person.