Name: 8 Best Psychological Negotiation Tactics and Strategies - How to Haggle
Uploaded: 2021-08-20T07:51:08.000Z
Duration: 7 min 45 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

Future simple

hey guys its practical psychology here and today we're going to learn how to

haggle better if you don't know what haggling is it's basically the same

The comparative

thing that bartering is which is basically trying to negotiate a lower

price when you're buying something so many people stay hesitant to haggle

better some of the time because they feel like they're intruding on to

someone else whenever they try to lower the price so I'm going to give you some

amazing tips on how to handle better so the first tip is to do your research

start by asking a very important question how much do you want to spin

and when you set your financial plan be objective is to arrive at a deal that

provides value to you and the person that is selling a product so you have to

do your research on the product itself need to research the item and figure out

what a fair prices then you can lower it just a little bit maybe by like ten

percent and find out what an actual good deal is so what do you actually want

from the item there's no reason to be paying for additional components that

you'll never use look around and try to find the best item that you think will

suit your situation and spending plan you can check ebay amazon craigslist and

other online marketplaces for the best deal you'll find out that in different

places the prices will be different and if you're buying a locally and with

someone that you may barter with we can move on to the next steps but if you're

buying it from someplace like Amazon or maybe newegg or some other online

marketplace where the price is non-negotiable then you might want to

close this video now so the next step is to build a rapport with the salesperson

so what's the principle thing you should do when you first meet the salesperson

you need a grin and ask for their name and this is very important if you've

ever read how to win friends and influence people this is a huge tip you

need to know their name and you need to use it frequently now when they give you

their name you can also give them your name and it's stunning how basic trick

like this and begin to separate any obstructions in the negotiation process

so some cheerful visit and discussion and maybe just talking a little bit

about how your day is going and how their day is going can build rapport and

it will make you guys start to like each other if you're stuck for a thought try

to talk about the climate or check out my other videos on conversation tips and

it truly doesn't make a difference what you talked about as long as it's not

something too touchy like religion or politics and try to keep the

conversation long enough to break the ice but not long enough to make it kind

you forget what you're doing there so have some good time and try to develop a

friendship but always remember that you're there to win a deal so

psychologically if you can get a salesperson to gain an unconscious bias

that is they like you they will be much more compelled to give you a better deal

so the third tip is to wait a lot of people want to go in and just try to

haggle and negotiate the price down as quick as possible but persistence is

very important haggling or bartering and try not to be in too much of a rush to

do a deal and if it's possible try not to even say the price that you're

thinking of within the first five minutes but the salesperson think and if

you can try to go back to an off-topic discussion and it's generally great to

give the salesperson a chance to inform you about the item before you actually

buy it let them teach you about the product and if you have to play dumb you

may know more than they know about the product but if you have to play dumb and

act like you don't know much because simply them telling you about it letting

them teach you will give them a bias that they start to like you because we

like people that we can teach we like people that we add value to so give them

a chance to demonstrate the offer that they're presenting and they might even

have the audacity to offer a markdown or a price clearance on a specific product

since it lacks a feature that you're wanting also why they're introducing the

products you be on the lookout for flaws as we'll discuss these in the future

step so the fourth tip is to stand your ground now discussion and conversation

gives you the chance to discover more about the individual you're dealing with

and maybe their motive on selling the product maybe they need some money to

pay for college maybe they need to pay off alone if their attempt is to make a

swift and smooth and to get X amount of money maybe they're only looking for two

thousand dollars or fifty dollars and they're not going to go any lower

this is ok but you may want to back out however if it feels like they're just

really wanting to sell the product they're trying to steamroll you into a

it might be because they're hiding something keep asking questions and

trying to break down barriers and learn about this product as much as you can

try to figure out what they're truly thinking about and if they actually feel

like they're getting a deal from this sale and if you buy it really quickly in

the future you'll find something wrong about it you're going to have buyer's

remorse and even if there's something not wrong about it you still may feel

quickly so the next step is going to be about numbers so when you start

negotiating never ever give your price floor never go the lowest amount of

money that you will pay for a product or the price ceiling that is the highest

amount of money that looking for a product now when you go into offering

the first price try to get a decent deal low enough that it's almost annoying if

it costs them one hundred dollars to buy it and you can buy a new one for fifty

dollars on ebay try offering twenty bucks

it may seem like a scam at first but of course they will most likely say no but

if they say yes to a higher price than the rest of the day you'll be wondering

how low you could have gotten so the first offer

see if you can get them to say no you wanted to be low enough that it's

annoying but not low enough that its offensive and here's another tip

whenever they are talking after you asked for a price

make sure not to say anything else until they talk a lot of people try to fill

this gap up with some other conversation after you announce a price stick with it

until they say something else they may think for a couple seconds which might

make you uncomfortable but work through the silence make sure you smile and keep

your body language open and friendly keep your toes pointed towards them and

remove any objects between youtube and oh yeah the first time that you meet

make sure to shake hands and also shake hands after the deal is done

another trick is a have a get-out-of-jail card and this is

basically you have to come up with a reason to make sure that you're not

there more than the amount of time that you want to be there for example say

that you have a dentist appointment in two minutes or that you have to pick up

someone from the school or that maybe your wife is sick and you can't make the

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8 Best Psychological Negotiation Tactics and Strategies - How to Haggle

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