162 sats \ 1 reply \ @DiedOnTitan 10 Jun \ on: How do feel about negotiating? culture
When you travel, and I am not talking about Orlando Florida, negotiation is mandatory. If you grossly overpay by not haggling, the vendor will consider you with nothing but contempt.
When you go to a market, observe the locals before you buy anything. Check prices for the same thing from different vendors and observe the price differentials. Offer an insanely low price way below what you are willing to pay. Then walk away. If they don't call you back, the price is too low. Next time, you have to adjust upwards, incrementally. If you offer a price, and they immediately accept, you have paid way too much. When you are within the margins, the dance begins. The golden rule is to never offer or accept a price that you are unwilling to pay. This would be considered an inexcusable horror.
Try buying a carpet in Turkey (it's practically mandatory). Right @Natalia? They have centuries of haggling experience and if you don't haggle, you are losing an incredibly valuable opportunity, along with money you could have bought more sats with.
In the U.S. you cannot haggle at WalMart. The price is the price. Take it or leave it. But for every contract, there are terms and conditions and pricing that are absolutely negotiable.
personally I don't like to negotiate, only necessary when it's being unreasonable or I simply walk away; and as a foreigner living in other places, you have to know how much around you should be paying things for, especially when living in hyperinflation counties, some ppl really no shame dare to overcharge you 10 times.
Try buying a carpet in Turkey (it's practically mandatory). Right @Natalia? They have centuries of haggling experience and if you don't haggle, you are losing an incredibly valuable opportunity, along with money you could have bought more sats with.
haha, it depends on where you are buying from! From resellers, you HAVE TO negotiate, because most of them are not being honest, especially seeing a foreign face; but I've learned buying directly from the makers, the price is quite good, so I don't need to negotiate much - it took some diggings and many travels, and these ppl normally offer a fair price, even give you discount without asking, maybe they appreciate that you came all the way to visit them, most of them are living in villages and only getting a tiny fraction of the reselling price. ( the manufacture world is quite dark, the real markers are not getting fair rewards. )
Also depends on the ppl; if they want to build a long term relationship with you, they generally will offer a fair price to keep things running instead of just one time big price.
My Strategy
- Knowing roughly the price from experience or comparing
- Choosing the right people to buy/ get things from
Prior, negotiating felt imposed on me by the person I was negotiating with, as if they wanted to take advantage of me.
as for @k00b's situation, remember that the price is always about supply and demand; make sure you always have options as backup and subtly let the other party be aware of that, so you won't be in the weak spot; and hinting that how many houses potentially damaged by bad renters. 😂 ( and look at how well I'm taking care of it )
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