You haggle for your house. You haggle for your car. But, do you haggle for your electronics and doctors bills? If you did, you would save a lot of money. According to a “Today Show” report, many businesses and services are willing to haggle. In fact, their prices are set to allow a bit of ‘wiggle room’.
Haggling for Furniture: If you pay full price for furniture, you are cheating yourself. Furniture stores purposely put big markups on furniture assuming customers are going to ask them for a discount. You are going to have your best success with small mom and pop stores and large retail chains. You will have the least amount of success with discount furniture stores. Nationwide, the success rate for getting discounts on a furniture purchase is 95%.
Haggling for TV’s and Electronics: You can usually get a discount on TV’s and other electronics. That is of course if you shop at a store that specializes in these items. If you purchase from a department store, your chances are slim. In many cases, the specialty store will let the item go for near cost as they make the bulk of their money on the extended warranties. (Watch for the annoyed look on the salespersons face after you get a discount and then tell them you do not want to purchase the warranty!)
Haggling for Jewelry: If you want to practice your haggling skills, go purchase a piece of Jewelry (at a jewelry store, not a discount department store). When they give you the store prices just say “Can you help me out?” or”Can you do better that that?” If you still do not like the price, say no thank you, and begin to walk away… slowly. At that point, THEY WILL offer you a lower price. (In the rare case that they do not offer a lower price, be willing to take your business elsewhere).
Haggling for Doctors’ Bills: One would think that doctors’ bills are set in stone. The most many think they can get from a doctor is an agreement to pay over time. However, medicine and medical procedures are necessities for which money is not always available. Doctors are aware of this fact. In 60% of cases, they will they give a discount, if you ask.
Haggling for Your Cell Phone and Cable: You can also negotiate with your cell phone and cable companies, but you need to first arm yourself with information. You need to be able to tell them what company is charging less than they are and threaten to move your service to that carrier. If they refuse, you can always switch to that other carrier.