68% of Shoppers Are Getting Ripped Off

by Lynn Truong on 17 December 2013 0 comments

Haggling is no longer limited to car dealerships, swap meets, and yard sales. Nor do you have to follow strict retailer rules on price-matching (like not accepting Amazon pricing). Walk into any big brick and mortar retail store and you can haggle down the price of anything -- even up to 10% under a competitor’s price.

Stores like Best Buy, Home Depot, Lowe’s, and Kohl’s are authorizing their managers to offer deep discounts (but only if you ask). High end stores like Nordstrom and Bloomingdale’s also have price matching policies that shoppers rarely know about. But here’s the thing: they are able to offer these deals because the majority of shoppers won’t ask -- 68% in fact.

If you’re not haggling, you’re not only paying more than you have to, you’re also subsidizing someone else’s discount.

The next time you walk into a retail store, fill up your cart and then speak to the manager. Whip out your phone and point to a competitor’s price and ask for a discount (10-15% is reasonable). If you don’t, someone else will.

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