Tag Archives: prices

The Best Ways To Negotiate A Discount

13 Nov 2 comments Shopping , ,

Asking for a discount isn’t tacky, it’s being financially savvy. You really have nothing to lose by asking for a discount. But in order to increase the chances of walking away with a better-than-advertised deal, follow these tips on how to negotiate a discount.

  • Big ticket items. When buying big ticket items your odds of getting a discount are great. You can almost always negotiate the price of a house, a car, HDTV or a wedding dress. But you won’t get anywhere asking for a $2 discount on $8 sunglasses. So target the larger items to get big savings.
  • Small stores. The smaller the store the better the chances of getting a discount. When you’re at a family owned business or some other small store, you’re likely going to be dealing with a decision maker. This person knows their profit margin and is more likely to give you the discount.

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How Japan Crisis Might Affect Supply and Prices

23 Mar No comments Shopping

The Japanese tsunami and nuclear crisis is causing some problems with the just-in-time inventory of some commodities imported from Japan that could cause a shortage in supply or a rise in prices, or both. The reason for this is that some of the electronic parts are manufactured in Japan and with the disruption in manufacturing and shipping; inventories are quickly dropping with no new replacements available for a while. Not only will it take time to get certain products from Japan, if at all, but the demand will quickly outstrip supply, potentially leading to higher prices.

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