Do you hate haggling? If so, you’re not alone. In fact, many consumers are so reluctant to haggle that they take whatever deal they’re offered.
If that sounds familiar, then this post may be just what the doctor ordered…
A few years ago, I ran across one of the best (and easiest) price negotiation tips that I’ve ever encountered. It’s quick. It’s easy. It’s painless. And it works great even if you’re otherwise averse to haggling. Without further ado, here it is…
Seven magical words
Whenever you’re faced with a financial negotiation, simply ask the following:
“Is that the best you can do?”
And then wait for a response. More often than not, those seven magical words will score you a better deal — sometimes a significantly better deal. And even if they don’t, there’s almost zero chance that you’ll scuttle the deal.
When and where?
The beauty of this strategy, aside from the fact that it hardly even feels like you’re negotiating, is that it can be used in nearly any circumstance. Think yard sales, major purchases, salary negotiations, etc.
In fact, it even works in situations where you might not otherwise have considered negotiating. For example, while standing at the front desk of a hotel or when making a last minute deal at the car rental counter.
Of course, this also works if you love to negotiate. In that case, hold it back until the end stages when you think you’ve very nearly reached the bottom line. Then trot out the seven magical words in an attempt to squeeze out a few more bucks.
Bottom line: Do yourself a favor and try this out. Seriously. Do it the next time you have an opportunity to negotiate. You won’t be disappointed.