How I Learned to Love
Haggling
I Hated Negotiating Prices but Was Determined to
Overcome My Fears.
By Demetria Gallegos of the Wall Street Journal (WSJ)
Never underestimate the
negotiating skill of a hungry 12-year-old.
Isabella fleeced the pastry-selling vendor at the medieval fair,
scoring pumpkin pie and a scone for just $3, a fraction of the full cost. It
was late in the day and deals were being struck at booths all around us.
***
That our kids are so adept in the art of bargaining is to their
dad's credit. Since they were little, John has encouraged them to stretch their
dollars at garage sales and secondhand shops.
John is scary good. He can get a lower price or added perks
anywhere, even in chain stores. When I asked John how he developed the skill,
he explained it came from his years in airline sales.
"We had a class at TWA about negotiations," he says.
"They urged us to negotiate over everything. You go buy clothing, you
negotiate, you get a tie thrown in with the suit."
I, on the other hand, am reluctant to ask for a discount. I
suspect it comes from childhood feelings of being at a financial disadvantage.
I grew up in a family without much money, and I never wanted that to be
obvious.
I know there's a difference between being poor and negotiating for
a good price. But I tend to freeze at the very idea of having to strike a
bargain. If anything, I find myself empathizing with the sellers and wanting to
see them win, even at my own expense.
Still, as much as I dread haggling, I feel it's important to be
capable of doing it, because there are times when it's just stupid not to. I
consider my aversion a weakness, an irrational phobia that I would like to
overcome.
"I used to believe that negotiating was insulting," says
my friend Mike. "Americans believe it's cheap to haggle." But then he
began traveling overseas, where prices aren't nearly as rigid.
His negotiating mantra—learned from his broker when he bought his
first house—is simple: "The person who cares least always wins."
If the buyer cares less, he won't give the full asking price. Mike
used the lesson on a later home purchase. After negotiations failed, he walked
away. Two weeks later, the owner called him back.
Mike understands that haggling isn't always appropriate—for
instance, he would never dicker in a restaurant. He also says he negotiates
politely, and sometimes has had sellers respond politely that the item isn't
subject to negotiation. He finds nothing embarrassing or disrespectful about
it.
Mike was struck by how personal my fear was that any efforts to
negotiate would be rejected. "You can't take a sales transaction
personally," he says. "It's just a matter of money."
In the end, he views prices as arbitrary. And he agrees with John
in believing that "it's always worth trying."
My cousin Rosella offers this advice: "Just be fair and
ethical. Don't take advantage of someone's need to make a profit."
She recounted helping her sister get a major break on some
handmade furniture in New Mexico. Rosella knew the likely markup and kept
telling her sister, "Not at that price." The seller just kept
dropping the number.
Rosella says she occasionally deals with sellers who are
"horribly offended" when she tries to bargain. She'll apologize. Her
intent isn't to hurt their feelings, so she's mindful of her body language,
making eye contact and conveying sincerity. She keeps the bidding light.
"When you negotiate aggressively, you do put people on the spot," she
says. "You almost shame them into giving it to you free."
She also says it's good to be knowledgeable about the value of the
item. "When you get a fair price for yourself, that's where you
stop," she says. "You don't have to take them to the mat and beat
them up."
Her bottom line: "If you don't ask, you have a 'No.' If you
ask, you have a 50-50 chance of a 'Yes.' ''
***
I went into this exercise wondering how I could emerge the winner.
But Rosella helped me see a different outcome: "How can we both win?"
Another friend, Maria, said one more thing I'll carry into my next
transaction: "You have to believe that the seller is expecting you to
haggle and that you will both enjoy the process."
Rather than feeling shame, I'm learning that seeking a fair,
ethical price might actually feel good.
Poster's comment:
This post might help whomever you designate to
be your "barter" person if times should get hard.
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