How often have you gone abroad, confident that you'll pick up some brilliant bargains only to find yourself swindled or set upon by vigorous vendors? Our handy infographic shows you how to haggle on holiday without breaking a sweat!
<a href="https://www.travelinsurance.co.nz/haggling-on-holidays-infographic"><img src="https://www.travelinsurance.co.nz/assets/tinz/haggling-on-holidays-infographic.jpg" width="100%" alt="haggling on holidays infographic"/></a><br /> Infographic by: <a href="https://www.travelinsurance.co.nz">Travelinsurance.co.nz</a>
Be buyer savvy: Do your homework- haggling isn’t always acceptable so find out about local practice before you hit the shops.
Start small: Ditch the large sum notes- It’s easier to haggle with small denomination notes and coins.
Shop around: Comparing prices in multiple shops can give you an idea of the general going rate and what you can reasonably ask for.
Poker face: The less emotion you show the more leverage you stand to gain over your item.
Stay firm: When you’re dealing with experienced vendors, it’s easy to get discouraged. Avoid manipulation tactics.
Walk away: When in doubt, just walk away. This powerful strategy will work if the vendor is keen to close the sale.
Be vigilant: Examine your item for any flaws. Imperfections may help to lower the price.
Keep cluey: Know the exchange rate or use a currency converter app so you can know if you are getting a ‘good price.’
Pick your time: Occasionally the best bargains occur at the end of the day when sellers are looking to shift their remaining stock.
-Haggling can save you at least 20%-50% of the asking price!
-55% of travellers prefer to haggle on holidays
-Vendors in Beijing markets will inflate their prices by up to 300%
-In many Asian countries, haggling is common practice. The first sale of the day is often heavily discounted due to popular superstition.
-Egyptian vendors tend to be very direct and straight to the point so fronting up with a poker face can show that you mean business
-Anywhere in Latin, America, Africa or Asia, haggling is expecred. However haggling or negotiating prices is not really part of japanese culture.
-An aggressive, cocky tone is rarely well recieved in Vietnam. Opt for a confident yet polite tone.
-49% of people say they never haggle
-40% of people say they sometimes haggles
-61% of respondents who 'always haggle' are male vs 38% of females
-Women are 2.5 times more likely to feel uncomfortable about haggling
Don't forget, any precious bits and bobs you pick up along your travels (or bring along with you) deserve to be looked after. Travel insurance will ensure that your haggled over items will be covered should they go AWOL!
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