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The Art Of Negotiation

The Art Of Negotiation

Know What You Want To Pay

I start negotiating when I buy something and don’t like the asking price. Research the cost of the item you are trying to purchase before shopping for it. If you can buy the same thing at another store, ask the store if they can bet the other store’s price. Generally, they can beat their fee by 5 to 10 percent. Go online and research what the item you wish to have is selling for. I would instead buy local if I could then buy online. You do not have anyone local to repair an item you buy online. Customer service means a great deal to me.

Negotiate With The Owner Of The Business

Starting a negotiation with the business owner rather than with one of his employees is much easier. I have negotiated deals on furniture, appliances, carpet, cars, outdoor equipment, etc. The money you save can be used to buy groceries, clothes, books, and much more for your family. I have held $75.00 on a new stove, $150.00 on a new recliner, and $50.00 on a chainsaw. They will negotiate a better deal with you if you are a repeat customer.

When You Sell Something, Leave Yourself Some Wiggle Room

Some people will try to buy something for nothing. I like people that negotiate within reason. I once owned a store, and a man came in and offered me $20.00 for a $200.00 couch. He became mad when I told him I could not sell it to him for that figure. He told me he would tell all his friends not to come to my store. I told him, please do it. I do not want that type of customer in my store anyway. Start your price higher so you can come down in price. Most people will never ask for more than 15% off your asking price.

Do Not Be Pressured Into Buying Something

Some salesmen will tell you that you must buy the item they have today or tomorrow it will be much higher in price. I have said that ten people are interested in what I am looking at and that it will most likely be gone tomorrow. I buy things on my terms, not their terms.

Be Patient And Tell Yourself You Do Not Have To Buy The Item of Your Dreams Today

If you see something in a store that you want to buy and cannot afford it, wait at least a month, and they will lower the price if they can. If a store sells the item of your dreams, you will find another one eventually, unless it is a scarce item you should buy if you can agree on the selling price. I waited for one thing for 20 years and finally purchased it. I did not mind waiting for it as it made it more precious.

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The Art Of Negotiation

184Fans
81Followers
338Followers