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Re: [OM] [OT] Price haggling

Subject: Re: [OM] [OT] Price haggling
From: mnmitch <mnmitch@xxxxxxxxxxxxx>
Date: Thu, 04 Jan 2001 21:01:08 -0800

Lex Jenkins wrote:
> 
> Some recent threads discussing prices and haggling bring to mind a theory of
> mine: in some cultures, not haggling may be regarded as foolish, even
> impolite.  Any opinions from listfolk who are better traveled than I?
  
  
  My travels in the Pacific and South East Asia taught me the value of
haggling. Not so much as to get a lower price but as part of the sell.
The seller expected you to argue over prices.This was evident even in
most department stores. The price tags were just a reference point.A
rule of thumb was to offer 1/3 the price tag and that would usually
start the deal off. Expect to discount the price tag or starting price
by at least 50%, sometimes more,if the seller liked the way you
conducted yourself during the exchange. I don't know if this is the
current way of doing business but that's the way it was 18 or 20 years
ago.

later,
mike m.

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