They get paid commission so I know they can bring the price down.
But how? Any tips?
There is a $200 necklace i want to purchase, but I know it couldn’t have cost the store more than $30 probably. How can I haggle and get this for cheaper? It’s a cultured pearl and diamond necklace.
just ask, “can you give me a better price”.
ask them when will it be on sale ?
if not then say thanks anyway…they will come up with something i’m sure.
Get a picture of this necklace and take the picture to a privately owned jeweler that makes items from scratch. See what price they will give. Chains really do not go down on price
Using a gun has had remarkable results on getting the item for the price you want. Other than armed robbery though, you could try striking up a conversation with one of the associates within the store. Tell them that your interested in the item, but your not wanting to buy it at the $200 price listing. If they are allowed to, they might reduce the price. Simple as that.
Most jewelry stores are corporate owned and the employees do not have the ability to change prices at the customers request. Try going to a small, privately owned shop. You will have a better chance there.
make sure you do your homework….do u know of any other places that sell that necklace or something close to it. Tell them that you really want to put the money in their pockets, and be willing to use cash. They could probably take 10-20 percent off the price.
You ain’t gettin any diamonds for 30 bucks unless its sh… quality. If you buy it at a Department Store that’s what you have to pay, because retail clerks can’t change any prices and they get paid their wages no matter what. Go to a small jewelery store and talk to the owner, but you probably end up paying the same, because the momma and papa store can’t buy stuff in big quantities and at the end you pay the same.
if your looking for an awesome price on jewelry, than check out the home shopping networks…they really do have amazing deals
below are searches from lowest price to highest price on shopnbc, hsn, and qvc
Come on now these people have to make a living…
Does it have diamonds on it?
Is this a private store, or a chain store (Like Rogers)?
Is it in a stand alone building, or in a mall?
These are all factors. Rogers, for example, is hard to negotiate with. You may get a better deal on upgrades at a place like that and little or no deal on the original purchase.
In a privately owned store, you should negotiate. When the clerk asks to help you, tell the truth, to start. like..”Um, yeah, well, maybe you can help me. I really like that necklace, but it’s more expensive than I had hoped to spend. Can you show me something similar in a lower price range”?
Their next question should be, “Well, how much do you plan to spend” (or some variant of that question).
Then, give them a range… “I was thinking 100 to 150 dollars.”
Most likely, they will pretend to talk to a manager or something, or they will make you nervous with a fantastic act of appearing as though your offer is just under a reasonable price.
Once they offer you a price within this range, which will be right at the top of this range, this is when you begin your act of fidgitting nervously and say something like…”That really does run me a little thin” then you can continue to negotiate downward, or, if you feel good about their offer, you can say the same thing, but add, “If you can give me that price, OUT THE DOOR, I’m prepared to make this purchase.”
Out the door means, taxes included. In other words, you will give him $149 cash, and that’s it.
My friend, I just bought an engagement ring that had a $2,995.99 price tag on it at a privately owned store for $1,200 plus tax. There’s room to negotiate. I was lucky, and didn’t know that I was negotiating directly with the owner, who can do anything he wants, if you appeal to him the right way.
Good luck!
John G
What makes you think that because they are paid commission they have the authority to set/change the price?