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The Art of Bargaining
One of the oldest and most
basic human skills is bargaining, but many
westerners have completely lost the art.
To bargain successfully the
single most important factor is the apparent
ability to walk away from the deal. Everyone
knows you are relatively rich and can afford an
exorbitant price. Therefore you must look
convincing when replying to the pick-up truck
driver who is asking $10 for a ten-mile
ride--when other passengers are paying only a
few dollars--"No, that's too much, I'll
walk."
Your bargaining power is
severely eroded if you look dead-tired, if you
have already loaded your pack into the back, or
if your over-protected-Danish-daughter companion
is pleading with you to accept any price.
There is absolutely no need
to pay $10 for the ride. The driver is not going
to leave good money behind. That would be as
foolish for him as you paying the first price he
asks.
Bargaining
Tips
- Take your time. You don't
have to rush into anything, including the
back of a truck, taxi, or airplane. Make
inquiries to find the average price. If you
can't spare the time to discover the true
value and quality of something, do you
really want it?
- You are bargaining from a
position of strength if, and only if:
a) You are willing to walk away,
or
b) You look like you're
willing to walk away.
- Offering a price half
what the seller originally offers and
working up from there is not always a good
strategy. Some sellers quote at ten times
true value. If you bargain to half or
three-fourths of that--which many
backpackers assume must be a reasonable
price--you are still paying an outrageous
mark-up. Such prices are often asked by
hawkers who approach on the street with
beads or jewelry. Aggressive sellers are
usually looking for a sucker.
- Merchants are usually
motivated to sell at the beginning and at
the end of the day.
- Never fall for the age
old bargaining scam of offering a fair price
for the item, even if the price is very
low. Once you have spoken, you have
lost your advantage because you are now
trying to buy from vendors rather than
having to sell to you.
- avoid making purchases at
congested tourist sites. Vendors at
these type of locations are less inclined to
give you a good deal.
- If you are interested in
buying several of the same item, buy the
first one at the best price you can
get. Find another shop with the same
item, inspect the quality carefully and let
it be known that you purchased the same item
from another vendor. The second vendor
will ask you how much you paid and may
quote a lower price because he does not
expect you to buy. The other way to
bargin with the second shop keeper is to
offer a price 20 to 30% below the price you
paid and see what happens.
- Involve a supposedly
antagonistic partner that tells you in front
of the shopkeeper that he or she does not
want to you buy the item, or that you don't
have enough money for it. At that
point you offer less than what is asked, but
within reason. You might
win.
- Presenting the correct
amount you are offering in cash at the end
of the bargaining deal might be you last
ditch effort before you walk out of the
store. if you are close, you probably
have a good chance if it's at the end of the
day.
Beware of Purchasing
Counterfeit Products
In recent years, commercial
counterfeiting throughout the world has reached
epidemic proportions, expanding beyond phony
Rolex watches and knock-off French purses. Today’s
commercial counterfeiting operations are
organized, international crime rings,
replicating everything from cameras, computers,
clothes, medical devices and aeronautical goods
to compact discs and agricultural
equipment. You name it it has probably
been made into a counterfeit knock off
goods.
Be very wary of purchasing
electronic goods from small stores overseas,
it's a good bet that the product could be
fake. Other issues that have occurred to
travelers purchasing good from small electronic
stores are; bait and switch scams. You are
shown an item such as a Nikon camera. You
decide to purchase it and you are provided one
in an un-opened box. When you return home,
a closer inspection of the lens of the Nikon
camera states "Nikkon".
Another reported scams have
included purchasing electronic equipment with
name brand shells (or body's) and inferior
interior mechanisms
Remember when you purchase
goods overseas always purchase from legitimate
chain stores or else you might have to really
understand the meaning of "Caveat Emptor -
Buyer Beware."
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