Comments on: How to Negotiate Prices at Retail Stores http://www.moneyunder30.com/negotiate-prices-retail-stores Simple, Honest Financial Advice Thu, 09 Feb 2012 22:53:06 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: anthony http://www.moneyunder30.com/negotiate-prices-retail-stores/comment-page-1#comment-2710 anthony Wed, 05 Aug 2009 18:36:05 +0000 http://www.moneyunder30.com/?p=2342#comment-2710 working at a large chain retailer for 18 months really opened my eyes to how easy it is to ask for discounts on merchandise. this post is rather thin on specifics, here's what i would suggest: - managers can give you a discount, the front line floor employees can't. - you generally want to position yourself in a way that suggests "i want to buy this, but...". the "but" is your leverage. does the chair you want have a minor imperfection in the fabric? is the box to the item damaged? if you want to pay less than 100% of the cost, try to establish that the item is less than 100% perfect in some way. - timing is important. if the store is packed on a weekend afternoon, the employees don't have any reason to spend time bargaining with you. if you're the only one in the store 30 minutes before closing on a tuesday night, you'll get a lot more attention. - managers can look up any item and see exactly how much it cost the company to purchase and ship that item to the sales floor. therefore, the manager has more information than you do when it comes to negotiation. if they won't budge below a certain price, it's not because they're playing hardball, it's because they know the exact amount at which they'd lose money on a sale. - 10% is, in general, the amount they will knock off for you. trying to get more than that is pushing it. 10% is the boundary between accommodating a savvy shopper and dealing with a pushy shopper. - although employees see thousands of customers a week, any abnormal behavior will make you stand out. if you go to the same store repeatedly and try to haggle, you'll be "that customer" and will likely see diminishing returns on your efforts. working at a large chain retailer for 18 months really opened my eyes to how easy it is to ask for discounts on merchandise. this post is rather thin on specifics, here’s what i would suggest:

- managers can give you a discount, the front line floor employees can’t.
- you generally want to position yourself in a way that suggests “i want to buy this, but…”. the “but” is your leverage. does the chair you want have a minor imperfection in the fabric? is the box to the item damaged? if you want to pay less than 100% of the cost, try to establish that the item is less than 100% perfect in some way.
- timing is important. if the store is packed on a weekend afternoon, the employees don’t have any reason to spend time bargaining with you. if you’re the only one in the store 30 minutes before closing on a tuesday night, you’ll get a lot more attention.
- managers can look up any item and see exactly how much it cost the company to purchase and ship that item to the sales floor. therefore, the manager has more information than you do when it comes to negotiation. if they won’t budge below a certain price, it’s not because they’re playing hardball, it’s because they know the exact amount at which they’d lose money on a sale.
- 10% is, in general, the amount they will knock off for you. trying to get more than that is pushing it. 10% is the boundary between accommodating a savvy shopper and dealing with a pushy shopper.
- although employees see thousands of customers a week, any abnormal behavior will make you stand out. if you go to the same store repeatedly and try to haggle, you’ll be “that customer” and will likely see diminishing returns on your efforts.

]]> By: M.Wanzer http://www.moneyunder30.com/negotiate-prices-retail-stores/comment-page-1#comment-2711 M.Wanzer Wed, 05 Aug 2009 16:51:03 +0000 http://www.moneyunder30.com/?p=2342#comment-2711 I myself have never been able to get a good deal that I wanted. My mom on the other hand is a master at this. She went with me to buy my 2nd car and got them to come down to 9K from 12,900, I was shocked. I always felt like you can not negotiate with people at stores like Best Buy, but only at Mom and Pop stores. My mom has definitely proved me wrong on this. On thing she always says to me is never take a no from someone who probably does not have the power to give you a yes. She has often times got the results she wants by going past the sales clerk and talking directly to a manager. I myself have never been able to get a good deal that I wanted. My mom on the other hand is a master at this. She went with me to buy my 2nd car and got them to come down to 9K from 12,900, I was shocked. I always felt like you can not negotiate with people at stores like Best Buy, but only at Mom and Pop stores. My mom has definitely proved me wrong on this. On thing she always says to me is never take a no from someone who probably does not have the power to give you a yes. She has often times got the results she wants by going past the sales clerk and talking directly to a manager.

]]> By: Live for Improvement http://www.moneyunder30.com/negotiate-prices-retail-stores/comment-page-1#comment-2709 Live for Improvement Wed, 05 Aug 2009 15:00:24 +0000 http://www.moneyunder30.com/?p=2342#comment-2709 This is especially important on big purchases. Just yesterday I purchased a large quantity of patio pavers for my backyard. After talking to the manager I was able to knock off 10%, saving me about $130.00. You would be suprized how often simply finding the courage to ask for a discount will pay off. -Dan Malone- This is especially important on big purchases. Just yesterday I purchased a large quantity of patio pavers for my backyard. After talking to the manager I was able to knock off 10%, saving me about $130.00.

You would be suprized how often simply finding the courage to ask for a discount will pay off.

-Dan Malone-

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