Find » Seniors » The Benefits of Haggling

The Benefits of Haggling

Consumer Report Shows Haggling Works!

By Irene Lynn, published Oct 09, 2007
Published Content: 285  Total Views: 204,129  Favorited By: 97 CPs
Embed:  
Rating: 4.7 of 5
In the November issue of Consumer Report, it reveals the benefits of haggling and how 90 percent of shoppers who attempt to haggle usually are successful. Consumer Reports explains that people haggle in a lot of areas, from from medical bills to buying a car. Yes, even medical bills can be negotiated. Consumer Report shows that 93% of those people who haggle over their medical bill usually will get a price reduction. Most times, these fees are based on the standard fees for the area and the doctor can easily drop it in order to settle things quicker.

I love to haggle! My first experience in haggling came from watching my father when he used to buy cars. He was good! He didn't care what the salesman thought of him however; he didn't hesitate to tell the salesman if he didn't like what he was saying. He was sort of the bad cop, bad cop version. Never flinching and he would walk out if he didn't get his deal.

When I was a sophomore in high school, I took a trip to Mexico. That was my first haggling experience on my own. It is very common to haggle in Mexico as well as many other countries. In fact, it's a way of life. The scenario there would be that you would always tell them that you found the article cheaper at another store and start walking out of their store. They would quickly run after you and drop the price. Mexico though is an extreme in haggling compared to the United States where many feel, they should just pay what is asked.

Today, I take it one step further. If I don't like the customer service I will let them know via over the phone, in person, or in writing. Whether it is disappointing food served in a restaurant or cutting into a bad onion that I just bought from the grocery store, I will let the right party know. If it is in a restaurant, I might get a free dessert, price reduction off the bill, or even my meal free. The produce manager doesn't think twice in replacing my bad onion. They want you to come back. You are doing them a favor letting them know what is happening. If it is happening to you, most likely other people are experiencing a similar situation. They want your feedback.

The Benefits of Haggling
The Benefits of Haggling

This was my first experience with haggling. As a sophomore in high school we went to Mexico and this is what I brought back

Credit: Irene Lynn

Copyright: Irene Lynn

Takeaways
  • It reveals the benefits of haggling and how 90 percent of shoppers are successful hagglers.
  • This is the best way to haggle is when both parties are satisfied.
  • Do your homework so that you know the fair price.
Did You Know?
Even medical bills can be negotiated. Consumer Report shows that 93% of those people who haggle over their medical bill usually will get a price reduction.
Comments
Showing Comments 1 - 12 of 12
 
 
Interesting article! I didn't realize that 90% of haggles are successful. Good information.

Posted on 11/21/2007 at 1:11:00 PM

 
I love to haggle too. This reminds me of the time I embarrassed my first husband when I asked someone if they could take less for a pair of jeans at a yard sale. It didn't embarrass me at all! Yard sales are for haggling. I choose my words wisely by asking if they're firm on their price. People don't like saying no, so it doesn't put them on the spot. It doesn't pay to be shy. I asked if Wal-Mart could take less for a pie once because the crust was totally busted around the edges, but they wouldn't. Wal-Mart just doesn't haggle. I'm sure it ended up on the rack of marked-down bakery items anyway. Great article!

Posted on 11/20/2007 at 8:11:00 AM

 
you go Jcorn! good for you!

Posted on 10/10/2007 at 3:10:00 PM

 
Using your suggestions, I got 25% more off a summer outfit, still quite nice, but we ARE heading into Fall now.

Posted on 10/10/2007 at 3:10:00 PM

 
I love to haggle also. Good information! I always like to mention when I talk about haggling though to not do it too far - there are some people that could use the money :)

Posted on 10/10/2007 at 2:10:00 PM

 
I only try this at garage sales, except my sister told me she haggled at a very upscale furniture store and it worked...oh I forgot, yes I did haggle at Circuit city when I bought my digital camera...I printed an ad for the same camera from an online website and they honored the price...thanks for the tips...

Posted on 10/10/2007 at 10:10:00 AM

 
I absolutely believe in this. Of course, haggling is expected at many flea markets and garage sales as well as some overseas locations where "tourist shops" expect travelers to "negotiate" the final price. In a retail store, I'd probably be a bit chicken to try this, unless I had PROOF that the exact same item was available elsewhere for much less. Some stores will automatically reduce the price to meet competitors' levels.

Posted on 10/10/2007 at 3:10:00 AM

 
Great tips! I don't have a skill for this. Like Charlotte, I am too chicken. Maybe I will have to start trying harder.

Posted on 10/09/2007 at 7:10:00 PM

 
I have done this overseas but not in the States - nice article.

Posted on 10/09/2007 at 6:10:00 PM

 
My daughter does this all of the time. I'm too chicken to even try. Thing is, it works for her most of the time because she finds little flaws with the item, etc.

Posted on 10/09/2007 at 5:10:00 PM

 
I agree the consumer should always be treated with respect and haggling might be a good idea sometimes. However I had a friend once that I will not goanywhere with anymore as everywhere we went she made a fool out of herself demanding refunds for things she did not buy at that store, Telling the restaurant owners after she had eaten half her food that the food was terrible, so she could get it for free. After while, it was embarrassing. As long as you are a honest consumer haggling is fine, but some folks get carried away with it.

Posted on 10/09/2007 at 5:10:00 PM

 
This is so true. Consumers should not accept overpriced goods and services. Great article.

Posted on 10/09/2007 at 5:10:00 PM

Type in Your Comments Below - (1000 characters left)
Your name:

Submit your own content on this or any topic. Get started »
Showing Comments 1 - 12 of 12
 
Most Commented On