Customers always like to bid down prices of products. And for smart business people, they always tell customers a higher price than what they intend to sell. And they expect the customers to bid down to the price range that the seller wants. Is this a good negotiation strategy?
Do you give customers a higher price for them to bid down to your desired level?
- Thread starter Kross
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I only use this strategy for customers that wants to exploit me in the name of trying to negotiate for a favourable price to them.
eLdavis
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Yes i do this most times in my business, i know they would definitely want to bit down the price, so i often give them a more higher price so they can bit it down to the one i have in mind.
The business that I work for has a fixed price and no negotiation. You have to pay what is mentioned to you as a customer.
Yeah this is the natural or normal thing in this part of the world. You nedd to bargain before buying
