Tuesday, November 30, 2010

6 Tips For Negotiating a Deal

From the U.K. Money Saving Blog.

"Many of us have poor price negotiation skills and end up compromising our frugal goals because of it."

1. Identify your ideal price (do your homework in advance to know what the item is worth BEFORE you go)

2. Highlight the flaws in a product

3. Review the offer before accepting it

4. Adopt an air of confidence

5. Work with the right person
(usually a manager--he/she has the authority to sell something at a lower price)

6. Negotiate for more than just a lower price (sometimes the phrase "Is this the best you can do?" or "But I'm your best customer!" does it for you)


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