
Bargaining is common in markets and stalls in many parts of Asia as well as in South America and Asia. It is an advantage to have an idea of how to bargain in order to avoid being cheated as well as strike a good deal.
Bargaining should be done with goodwill so that neither party’s integrity is undermined. It is indeed an art that has to be mastered. Use smiles and good humour. Beware of the fact that the business of bargaining can be brutal!
Here is how I approach a bargaining process:
A vendor starts quoting a product for, let’s say, $20. I say ‘No, too much.’ The vendor then says, ‘OK, $15.’
I say, ‘No,no. I will take it if you sell it for $10.’
The vendor says, ‘Oh, too low. $13?’
I say ‘$11. I have to go soon because my bus is waiting. If you don’t give me I will have to go.’
The vendor says, ‘No no. $13 or I cannot break even.’
I say ok, I will take it for $12. I have to go now if you can’t give that to me.’
Voila! A deal is struck. That’s a 60% price difference!
In such cases, I get to buy two of the same items such as souvenirs by asking for $24. Doubling the items will be a win-win situation for both as the vendor gets to sell more at one go.
Shopkeepers have a healthy tourist margin built in and will always aim high, taking full advantage of a good profit from the unsuspecting shopper. I try to say no gently but firmly and laugh with them and quote a lower price.
In many cases, I tend to successfully strike good deals by getting a price for 60% less than the original. If I am lucky, I get to buy an item for 50% less. Bargaining can be fun and satisfying when a good price is struck. It may not work with everyone but it takes some practice to be good at it.



