Haggling down a price on your adventures is a guaranteed way to ensure you stay in the black come the end of a holiday. While you won’t always be able to use these 5 haggling tips for your next vacation to try and haggle down a price at a market stall.
1. Keep a straight face
A Stonewall and emotionless expression is a major upper hand when it comes to haggling for a price in a busy market stall. If the vendor has no idea what’s going on behind your cold steely eyes, there’s a good chance you’ll gain the mental edge.
It’s fairly difficult to maintain an emotionless facade when in a heated conversation, but Wikihow provide some useful tips, including:
- Relaxing your face
- Maintaining steady eye contact
- Looking straight ahead
- Keeping your body habits and fidgets down to a minimum
2. Know your market
Not all markets are trying to exploit you. Some will actually be offering pretty good deals, where haggling down further has the potential to not only offend, but cut into their slim profit margins. Naturally, this won’t be true everywhere.
TINZ point out how in most regions of Beijing markets inflate their prices by 300%, with foreigners often tending to get charged even more across most of Asia and Africa.
3. Start ridiculously low
The lower you start, the farther the vendor will have to go to really strap you for cash. Chances are, they won’t have the patience for this. As such, you’re in good shape to ensure you avoid getting bamboozled for a huge wad of dough.
Even if the seller initially laughs you off, you can raise the price yourself by a marginal amount. It sounds like you’re doing their job for them, but the increment can be tiny. Regardless, they’ll still see it as a step in the right direction and will be more likely to accept the new (still low) amount.
4. Check out the item
This is probably more of an all-round buying tip than anything else, but it’s important to remember not to purchase something which is damaged or in any way inferior.
You’d be surprised how many people fail to properly check out an item before they go in for the buy. Make sure to inspect every element before striking the killer blow. As the Spruce suggest, if something is slightly damaged, but you still really want it, you can use this as a bartering tool.
5. Know when to walk away
It takes a big person to walk away when they know they’re beaten. This is one of the primary skills when it comes to the perfect haggler. Don’t settle for a price just because you can’t budge a vendor.
If you’re truly unhappy with the final figure you’re being offered, just drop tools and take a stroll. Half the time they’ll probably offer you a much better deal as you’re walking out the door.
Bear these haggling tips in mind when you next head to a market stall on your adventures. They could help to save you a considerable amount in the long term.