3 ms·
Heh. I have the opposite problem. I am learning that you can't negotiate when the market is not favourable (i.e., current times). Applies to all big ticket item
by bubblethink 5y ago
Heh. I have the opposite problem. I am learning that you can't negotiate when the market is not favourable (i.e., current times). Applies to all big ticket items - cars, rent, real estate, etc. I have internal metrics for what things should be worth, and if you stick to it, as I have, you end up getting nothing.
- mikepurvis 5y agoMaybe that's not so bad? Having a firm internal sense of something's value that prevents you from overspending on it even when it's on discount? Feels like a lesson every gamer with a Steam Sale backlog could stand to learn.
- Dracophoenix 5y agoWhat are some of those internal metrics? How did you come across or develop them?
- bubblethink 5y agoHistorical trends, geographical trends, plain old intuition and gut, or any number of angles that you think make sense, but all that goes out of the window if you are in a bad market. The price is what the market is willing to bear, as they say.
- bawolff 5y agoI mean, if you consider that "a problem" then your sense of what things are worth is probably wrong, since if you're valuing things correctly then you should be happy with a "no deal" outcome for things that are to expensive.
- hackerfromthefu 5y agoI use a similar strategy often and agree it's an issue, but overall quite a good strategy. The solution of course is to actively keep in touch with changing market dynamics. The last couple of years have had rapid changes through the shortages and inflation, so you need to consider todays value not yesterdays.