TIPS & TRICK
How to Negotiate to Get the Best Price ?
Negotiation is a vital part of grabbing some Good Finds on DADDYBIN. But let’s be honest, it can feel pretty awkward if you’re new to it. That’s why we’ve created this handy guide full of etiquette tips for an effortless negotiation experience
Research and be Transparent
Researching similar products and ads helps both sides with their bargaining abilities. It means that sellers can set a reasonable price that allows room for manoeuvring (usually by pumping up the price a bit to begin with). Buyers can use research to make sure they’re not making a totally unrealistic offer or getting a bad deal. If you’re a seller who’s not comfortable with bargaining, or a buyer who doesn’t want to go above a certain threshold, it’s worth making that clear within your ad or your first messages so that things are straightforward.
Take a look at How to buy safely on Daddybin to make sure you have the best possible experience when bagging your bargain
It can be hard to negotiate a price from behind a computer screen because you don’t get a real representation of the item. So, bargaining face to face can be the better option. Meeting to exchange an item can be as awkward as a first date, though. You can make a good first impression by being polite and respectful – perhaps try utilising a bit of classic British small talk about the weather or the traffic on the way. Building a good relationship with the other party often opens the way to better negotiation. Of course, safety is super important anytime you’re going to meet someone. It’s a good idea – maybe a necessity – to have somebody accompany you
Checking isn’t cheeky
The old saying ‘if you don’t ask, then you don’t get’ rings true here. As a buyer, it’s important not to be scared to ask for a discount; the worst that can happen is that the seller says no. Checking over the item for any possible issues that might knock the price down is also perfectly fine – as long as you don’t rubbish the item in the hopes of getting money off. That runs the risk of ruining any rapport that you’ve built with the seller.
Trade, don’t haggle
Rather than merely focusing on price, you might consider what you could exchange to sweeten the deal. Buyers can think about things they might offer in return for a knocked down price, whether that’s physical items, helping with the delivery or paying with cash. Sellers can throw in extras to get the full price on an item – for example, if you’re selling a bike, why not include a lock and helmet.
Know your ‘walk away’ point
To make negotiations straightforward, both parties should know when to walk away. If you’re a buyer, it’s a good idea to set the top price you’re willing to pay in stone. And, if you’re a seller, you should know your bottom line and stick to it. It’s vital to respect the other party if they say no. There are plenty more Good Finds on Daddybin – you’re sure to find one that’s meant for you.
Negotiating isn’t hard when you know how. Plus, buying second-hand is more than just a way to save money, there are environmental benefits too. Why not head over to Daddybin to create an account ? You can get great prices on a huge range of products.
SELLING VIA DADDYBIN
- Identify unused items: Make a list of all the items around your house that you don’t use anymore. Where possible, include details such as how much you bought them for and what condition they’re in.
- Be descriptive: Describe the product you’re selling, including its features, a brief history and reasons for selling the item. The more information you provide, the more likely you are to make a sale at the price you’re looking for.
- Make your Ad visual: You will have more success with potential buyers if they can visualise the item you are selling, so it is very beneficial to include a range of images.
- Be honest: Be upfront, honest and accurate when listing an item – it’s good for you and our community. Don’t oversell the product or fail to acknowledge any key flaws.
- Meet the buyer: Arrange to meet locally in a busy public place if possible and bring a family member or friend with you. For added peace of mind, it can be beneficial to ask a buyer to show their personal identification before you hand over any goods for inspection.
- Be responsive: If you’re going to be unreachable for an extended period, simply pause your listing so you don’t keep people hanging. There will be plenty more buyers when you return.
- Show up on time: If you’ve set a time to meet a buyer, stick to the plan and show up on time. If you can’t make it, these things happen, just let the person know as soon as you can so they’re not left waiting.
- Creating ads is an art and you must take time to create ads.
BUYING VIA DADDYBIN
- Know your budget: Dedicate time to researching what’s out there and the average price of similar items.
- Ask questions: When first contacting the seller, don’t be afraid to ask a lot of questions:
- How long have you had the item for?
- Has the item had any faults you should be aware of?
- Where was the item bought? Ideally the seller or the previous owner bought the item new.
- Ask if there are any receipts or warranties.
- Be a time saver: It’s great to shop around to see what’s available in the community, just be respectful of other people’s time. Hold off meeting up with a seller until you’re serious about buying an item.
- Meet the seller: For personal ease and safety, arrange to meet locally in a busy public place if possible and take a friend or family member with you. Inspect the item for any damage.
- Negotiate fairly: Do your research and negotiate on a price you think is fair – not an unrealistic amount.
- Show up on time: If you’ve set a time to meet a seller, stick to the plan and show up on time. If you can’t make it, these things happen, just let the person know as soon as you can so they’re not left waiting.