People Who haggle prices on everything

[UA_Iron]

Well I hope it doesn't break and I hope you didn't buy their extended warrenty program because they are just about to go out of business!

I dont buy extended warranties. If I owned a laptop I would though.

 

[chazk]

If you're coming down on price - you're admitting that you're overpriced and others can do it cheaper.

If your product kicks ass, or is the lowest, or supply is limited - you don't have to do shit. Cuz you know they can't get it better or cheaper. You have the upper hand.

So concentrate on that. During summer a/c salesmen don't have to lower shit. Hot strippers don't have to lower squat. The hottest actor doesn't have to lower his salary. The inventor of a product that custs your cost 50% doesn't have to haggle, the greatest programmer can always set his own salary, the model who's in demand around the world, can go to the higest bidder for her time, etc. etc. etc. You get the point.

I sell my services. I'm mindblowing in what I know and do. I don't have to lower my price for anyone. "The power in negotiations is in the person who has the power to say no". Memorize that (works in relationships too hehe).

r

what about power of the buyer thats says " NO thanks i'll go else where "

 

[Razorguns]

what about power of the buyer thats says " NO thanks i'll go else where "

Go where? If you have the best or cheapest product - then they're clearly stupid.

r

 

[ponyfitness]

Go where? If you have the best or cheapest product - then they're clearly stupid.

r

Some people are just stupid.

I was in a deal with a woman who ended up signing with the other guy based on monthly lease cost (I told her flat out I wouldn't match it). Only to find out that their lease was 72 months compared to mine at 48.

When she called me a month later complaining about the deal and asking if there was anything I could do I told her to call me in six years when she was done paying for her snap decision.

 

[JayC9]

In my business it's not common, but it does happen.

Not to be racist, but the most of my indian customers tend to kill me

It's never low enough

the Thais have a saying about Indians which translates as ‘if you see a snake and an Indian, you should pick up a stick, and always be sure to strike the Indian first’

 

[shrimp poboy]

Thanks for the good posts so far

 

[ortiz34]

True, but once you earn their business, they're loval for life. I did a loan for an Indian guy that owns a chain of magazine stores. He ruined me on the pricing, but I eventually got the deal. I've done loans for every one of his local friends and family members since, and they never once batted an eye at what I charged.

dude , one of my installers who works for another store(who gets ALOT of indian clients) said the SAME thing you just said. Once you get them, they're cust. for life.

Still waiting on my first

 

[ortiz34]

yeah, great thread for all the frustrated sales people to vent.

 

[jnevin]

Wife and I always try to get a deal.
We are not rude about it or anything.
I ask questions like
" do you beat other stores advertised prices "
" is this the best price you can do "
" If I buy more then one would i get a discount"
" any special promotions or sales going on"

Pretty basic questions . Usually the store sales man always has a 10% off coupon laying around or is willing to knock a few bucks if you buy right then.

What i usually do is goto 2-3 stores and see what the best deal is on the same product ,then go to the lowest price store
for instance when we bought our new stove,fridge,dishwasher and microwave
I found the best deal online at a store out of state Lowes was willing to meet the price give a aditional 10% off then give fee delivery.
Ofcoarse the 10% off saved us 400$ upfront then 75$ in delivery cost.

But as far as nickle and diming every person I dont do anything like that unless we are at a yardsale ,bazzar or flea market where i know the people might give a decent deal if you make a fair offer.

And if they stay firm on the price you have her flash the sales rep and let him think he's going to get laid. Or maybe throw an extra bum out by the off ramp to beg for the difference.