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  • 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

  • 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

  • of creepy to where you get off topic

  • 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

  • towards you

  • 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

  • deal

  • 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

  • deal

  • 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

  • buyer's remorse for buying it

  • 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

  • them and you ask for their name

  • 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

  • deal until they are doing better this will get you out of any sticky situation

  • without hurt feelings

  • now if possible and you're getting towards the end of the deal but they

  • still want X amount of money maybe they need that extra fifty bucks to pay off

  • their loan you can start asking for things to throw in when you go into

  • shake their hand and ask them their name also be looking around the environment

  • to see if there's anything else that they could throw into the deal for

  • example if you're buying a car maybe they can throw in some cleaning tools

  • offer an extra tire make sure that you're not being offensive when you ask

  • for something extra make sure that it's appropriate and that you're being

  • sensible and this will vary with every situation if you can try not to do it

  • towards the beginning of arrangement more towards the end of the arrangement

  • maybe when you get towards a price that the seller wants but you still think

  • it's too high suggest adding in a smaller extra to accept his current

  • price and continue with the next tip so the next step is clinching the deal

  • no sales person will toss you out of the shop for ? down as long as you do it in

  • a well-disposed and gracious way now tools are there to be done particularly

  • in an emergency if you see someone needing money on craigslist ad or a

  • facebook post then you are at the advantage when you get that

  • better-than-average deal the feeling of fulfillment you feel is not just about

  • the money you've saved it is also demonstrating something about yourself

  • that you've set yourself a test and you came through it as a champ and the more

  • you do it the better you'll get your negotiation skills are just like any

  • other skill you can develop them and cultivate them with practice and i hope

  • these tips get you off the floor running in that you can go out and practice this

  • new haggling and negotiating school if this video added value to your life

  • click the like button and if you have any extra thoughts leave a comment below

  • thanks for watching and subscribe for more

  • yeah

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

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