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It can also be a good idea to go to a shop without buying anything, but just to see how low the price will go before the vendor stops going down. That gives you
by Joeri 14y ago
It can also be a good idea to go to a shop without buying anything, but just to see how low the price will go before the vendor stops going down. That gives you a rough idea of the typical markup in that neighborhood. I've known street vendors in thailand to give 90% off.
But the thing is that these people need the high margin sales to make a living. They'll sell at the lowest price that they're still making money, but if all of their sales are like that they're not making a living. That's why you shouldn't haggle all the way down if you like the vendor.