Do you give customers a higher price for them to bid down to your desired level?

[Kross]

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?

 

[Fidelia]

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]

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.

 

[Trush Jodie]

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.

 

[Augusta]

Yeah this is the natural or normal thing in this part of the world. You nedd to bargain before buying