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ReplystuAb.docx

 Reply stu A:

From my experience, bargaining over electronic appliances in stores has not been a common practice in most of the stores which sell these items in the United States. Normally, most people purchase these electronics at the prices which are indicated in the price tags and it that has remained to be the norm. people presume that the prices which have been indicated in the price tags are the least-most which the store could offer but fail to understand that the stores still want to make sales and cannot easily dismiss a customer who haggles for the price to be reconsidered by a minimal percentage. In the market, there are many vendors who sell electronic appliances and the salespeople in every store understand this. Therefore, they will not dismiss a customer who bargains as long as the price they offer is still profitable to them. Therefore, from my experience, I feel that bargaining over electronic appliances in electronic stores will become normal and widespread in the United States in the future. One of the contributing factors is that recent buyers have more knowledge and information on the range of specific prices of electronic appliances due to the high information availability provided online. Therefore, they have a price reference on the price range of their favorite phone, television or laptop even before they visit the store. The negotiation was handled from an information-rich point of view and prior price investigation for the common goods which gives the negotiator the confidence and basis of haggling with the vendor. Further, the presence of competition in the market also gives the buyer an added advantage when haggling and in this, the negotiation will be handled with much understanding and compromise. 

Stu B:

Hello everyone

As the market continues to change, more and more products, different prices, different product advantages. Many companies want to create more profits by saving costs. In life, we will also save our own expenses by bargaining. “By knowing prices before you go into a store, you don’t need to haggle,”

In my experience, bargaining is divided into two types, one is the price reduction, while the quality remains the same, the other is the price reduction, and the quality is also lowered. First, the best way to bargain on the price is to conduct a survey of the collection before the purchase, try to find his reserve price and cost price, which will be more active in your communication and negotiation with others. Now the network is very developed, and the price of many related products can be compared through a web search, find the cost price or find the market price of the supplier. Second, when buying, you are not in a hurry to reach direct cooperation. You can shop around and look for other suppliers to consult prices. Due to the competitive relationship in the same industry, we can try to get the price of one and then lower the price by 20%. Business. In my work and life, I often use this method to get a lower price product for the company. Third, to provide businesses with a long-term cooperation vision, so that to a certain extent, get the price below the market price, just like the wholesale price.

On the other hand, cost reduction will also lead to low quality, but this will not affect your normal use. Because of a lot of products and projects in life, we will pay more money, in terms of providing convenient services, or brand value, in fact, the money can be omitted. For example, many people choose the LV brand when purchasing a wallet, but as far as I know, the wallet of the luxury brand of LV is not leather, and the cost is very low. Most of people's consumption is used in this brand value. Relative to a few hundred dollars of wallet, we can choose the same function of Levi's wallet, and many of Levi's wallets are leather, the price is also about 30 dollars. The same is true for buying a car. Many cars use a lot of multimedia and technology experiences as a gimmick to raise prices. In fact, when driving a car normally, 80% of the cool multimedia features are not available. Therefore, when buying things, we must first recognize what we really need and the core use and then reposition our purchase needs, which can save a lot of money.

 

Vanessa Richardson. 2011. 7 ways to haggle for the best bargain.  https://www.bankrate.com/personal-finance/smart-money/7-ways-to-haggle-for-the-best-bargain/