Tuesday, 24 May 2016

How to bargain like an Indian

How to bargain like an Indian

Learn how to bargain like an Indian: I would say that Indian’s are the best negotiators or bargainers I have ever encountered. They are incredibly good at going for your emotions, very comfortable with numbers and know how to up sell until the cows come home. If you want good deals, this is an essential skill and in fact may help you with negotiation once you return to your home country.
Quickly learn how the bargaining process works. The main thing is start out real low and then immediately offer a little higher so that they know you want to bargain.
Look for fixed rate shops if you don’t want to bargain. These shops have the prices already set and are generally fair.
Know that “maximum retail price” is not the price tag. Most items that are packaged will have MRP written on it. This is the maximum retail price but it is always possible to bargain that price down but you definitely shouldn’t pay more than that price.
Shop around and compare prices. Before making large purchases and if you have the energy you can get better deals by comparing prices. Usually certain shops (such as jewelry) are grouped together making it easier to shop around.
Ask help from some local friends. If you befriend a local, they will likely get great joy helping you bargain down to rock bottom prices. Although, you may have to be out of sight so the shop owner doesn’t know what’s going on.
Have fun with it. The main thing is to not take things too seriously (especially since your savings may only be few dollars) and enjoy the process. Otherwise it can quickly get very emotionally and physically draining.
The entrepreneurial abilities of Indians in general has amazed me for years. It seems that Indian culture produces an uncommon blend of innovative thinking, business-minded aggression, and comfort with numbers. And, no matter what price you pay — if the sales guy is smiling when you leave — guess who won…

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