Haggling or bargaining is expected in most countries, I’ve got abit of a head start being a professional buyer means that I’ve had my fair share of practice but it can be daunting if you’re not used to it. I’ve listed a few tips below that will help you along the way if you’re completely new to haggling.
- It will be expected that you will try to haggle the price, because of this, the first price offered is almost always inflated. Never accept the first price.
- A little bit of local knowledge goes a long way. Knowing what something should cost, gives you a good starting point. A quick google search can give you an estimate of taxi prices per KM etc. You can save a fortune by just spending 10 minutes online before your fly.
- If you are taking a taxi, always agree the price before you get in, it’s to late too try and haggle after the event.
- Don’t be afraid to walk away, if the vendor is being uncooperative then the chances are you will find another one who is willing just around the corner. Never feel pressured into paying to much.
- Most importantly, remember to be realistic and ethical, sure you can buy this £2 sunglasses for £1 if you try hard enough, but is it really worth it? Remember that the vendors all have families to feed and bills to pay. There’s nothing wrong with expecting to pay a fair price, but make sure it’s fair for both sides.
Some people will argue that if you can afford to travel to a foreign country then you are instantly richer than the majority of its population and therefore should be willing to pay over the odds to help the local economy. However by paying to much you can have a negative effect by inflating prices for the local people and pricing them out of the market.
Let me know if you found this useful.