Does Haggling Work?

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Why is it that in many countries around the world haggling over the price of a purchase is perfectly acceptable, but here in the UK it is almost frowned upon, and scorned as rude or inappropriate? Do you haggle? A recent consumer advice column asked this question and a large majority of respondents said they would never haggle in case they embarrassed themselves. That's a pity because even in this country, haggling does work.
Haggling is a simple form of bartering over the price of an item. Although the majority of large high street chains, supermarkets and chain stores will not permit haggling over the price, there are many smaller privately run companies that will. In fact, many of them expect it in certain industries.
Privately run building merchants, scrap metal suppliers, car dealers, antique dealers, used book traders, boutiques and other independent retailers are all used to a little bit of haggling over price.
Don't be afraid of trying it. When you are purchasing an item you are entitle to ask if there are discounts available or offers, and you will be amazed by the savings you could make. Here are some real examples of how people have successfully negotiated a cheaper price or a better deal.
Satellite services - there are many people who are successfully making savings on their monthly subscriptions, simply by calling their provider and asking! Simply haggling a bit and pointing out that the services could be found cheaper elsewhere could result in them giving you a discount on the amount you pay monthly.
Car dealers - When you are buying a car, haggle! Find out how low they will go on the price. In addition, ask what extras will be added. We had one reader, who had £1000 taken off the price of their car, plus they got a full set of mats, an extra year warranty, and a full tank of fuel, were all added to the deal. And this was achieved because they haggled.
PC retailer - The large retailers don't usually offer discounts to individual customers, however, it's still worth asking them. One customer, although they did not get a cash discount on an expensive purchase of a PC, did manage to get some additional accessories and a free coffee maker thrown in!
The above examples are given to give you some suggestions. But really, wherever you shop, be aware that in today's highly competitive retail environment, they want your custom, and as a result most retailers and companies will do their utmost to keep you as a customer and have you buy from them. The best results seem to be achieved in privately owned businesses that are independent. The larger the chain, the harder it is to get cash discounts, especially on the high street.
Service providers are very different though. Mobile phone companies, TV and broadband providers and even some utility companies will all be able to give discounts on certain products. They won't promote the fact and you certainly won't be told the information voluntarily, but if you ask, there is every chance you will receive!
Think about where you are shopping and what you are paying for the items. As well as looking around for better prices, why not look around for alternative shops, independent suppliers and retailers who may be open to a little bit of healthy haggling.
On a monthly bill like a television subscription, a simple discount of £20 per month adds up to £240 over the entire year. That's a significant amount of money. And if you manage to achieve a saving and get a discount for two or three of your regular subscriptions and on some of your purchases, imagine how much money you could save!
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Blog, Updated at: 2:27 AM
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