Haggling 101

Did you ever go to a big box store, set your eyes on a product and then tried to bargain for a better price? If not, try it next time. Chances are hight that you will save some money.

Recently, I watched a special report on the evening news. Reporters tried to negotiate the price for TVs, refrigerators or even t-shirts. In more than half of the cases, they have been successful and saved hundreds of dollars. Sometimes, the salesperson couldn't help with the price but offered something else, like free delivery or free installation.

I would have never thought of trying to bargain in a store. To save money, I look out for sales or use coupons, but I never haggled - until now.

Consumer experts advise to be always polite and discreet, and not pushy. Further, it's important to offer a price that is fair and reasonable. If your offer is too low, the salesperson will just reject it without even considering it or making a counter offer. Also, make sure that you are bargaining with a salesperson who has the authority to offer a discount. If you are not sure about that, ask for the manager.

And last but not least, don't bargain if you are not ready to buy the product.