Buying wholesale (or even retail) in shopping destinations in the Philippines like Greenhills and Divisoria involves more than just getting your goods and heading to the checkout counter. The prices are almost always negotiable, which means you can haggle for a lower price.
Haggling is like a dance between the seller and dancer, the climax of which is arriving at an agreed price and eventually ending in a sale. I grew up shopping with my father in places like these, and would see him haggle for half the price. He wouldn’t get all of them at that price though, but would always end up buying products at 20 to 40 percent off its real price.
So how do you haggle and save money when you buy? Allow me to share a few tips that you might find useful:
1. Start with 50% the price.
This may sound and seem weird, but it gives you a good place to start. You may not get the product at 50% off but at least you can work your way up and get the price that you actually want.
2. Buy in bulk.
The more you spend, the more you save. If you buy in bulk, it is easier for you to command a lower price, and it is usually harder for the seller to say no because you’re purchasing a lot of their products. Buy at least half a dozen so that you can get the wholesale price, which you can haggle, too.
3. Ask for the last price.
This is another trick that can hasten your negotiations. The last price refers to the lowest price that the seller is willing to give you. If the seller quotes the original price for the last price, then walk away. If the seller quotes a lower price, try to haggle for something tad lower – he or she might just agree.
4. Walk away.
One of the best methods that have also been found to work is to walk away. If a selling lady or “tindera” refuses to give in to your asking price, simply shake your head politely and walk away. There’s a high chance that she’ll call you back and give the products to you at a lower price. This may not work all the time, but you can try. If it does not work, then at least you are free to check out other sellers carry your product of choice.
5. Be respectful.
At the end of it all, it is still the seller’s prerogative to you the products at a lower price, so be friendly and be respectful when asking. If you can’t get the product at the price that you want no matter how you try, then let it go and shop somewhere else. Don’t let it ruin your whole shopping experience, which should be enjoyable at best.