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February 27, 2008
On Negotiation
This conversation occurred a couple of years ago over brunch with a friend of mine:
Me: So I wanted to get these posters framed at the framing store in Cambridgeport, but they wanted something like $200 for each one! So I decided against getting them framed. Then the saleswoman told me that there was a "poster special" where using a certain frame would cost only $50 for each poster, so I went for that.Since then, I have noticed that I overpaid for a camera battery I bought from Best Buy, but I needed it on short notice.Friend: You're always such a good haggler with these things.
Me: No I'm not. I'm actually way too shy for all of that kind of haggling over prices.
Friend: Oh yeah? Name the last thing you feel like you over paid for.
Me: ..... Um... Huh. I guess you have a point.
I was reminded of this conversation when I found what must be one of the most valuable posts I've ever seen on a blog: Readers share their negotiating stories. These are great tips and anecdotes.
My favorite negotiating tactic, however, is this: know exactly how much something is worth, and refuse to ever pay more than that amount of money.
Posted by Dean at February 27, 2008 9:11 PM
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Dean Christakos