Undercover Savings: Easy ways to talk yourself into a discount - WMC Action News 5 - Memphis, Tennessee

Undercover Savings: Easy ways to talk yourself into a discount

CHARLOTTE, NC (WBTV) - Some people call it haggling, but it is really the art of talking yourself into a deal.  A tactic usually reserved for flea markets and garage sales which is now becoming more commonplace in retail stores.

"I understand the seller needs to make a profit but at the same time do they need to make that much?" said shopping and saving expert Teri Gault.

In a special hidden camera investigation we sent Teri into four stores to test her proven haggling techniques.

She visited Best Buy, Dick's Sporting Goods, Lowe's Foods, and a mom-and-pop gift shop called Paper Skyscraper.  At each location she searched out a specific item and worked her magic.

At the grocery store, she got $48 worth of steaks at half the price and a $5 pie for $3.  Teri says the butcher's counter and the bakery are the two places where you can search out the "sell-by" dates and ask for a discount on items set to expire today or tomorrow.

At Best Buy, Teri was armed with a competitors price for a web cam printed off the internet.  It was $10 cheaper than the same model in the store and simply by presenting that lower price to a manager, proving it was an apples-to-apples comparison, she got the online price.

It was a little tougher to get the deal on the sports watch she was looking at inside Dick's Sporting Goods.  At first she was told a discount wasn't available on the model she wanted.  By using kind persistence she got the manager to discount the watch by $5.

The only place she didn't get a discount was inside Paper Skyscraper where they said it's simply their policy not to discount items.

"Usually it's easier to get a discount at a mom-and-pop but this time it just didn't work that way," Teri said.

Perhaps a sign of the economy, she offered, and the need for small businesses to keep every dollar they earn to stay afloat.

There are several tactics Teri says you can use to get a deal.

If simply asking for a discount doesn't work,  try offering to pay in cash.  Credit card transactions are costly and a retailer may be willing to give a discount on cash purchases.

Ask if the item ever goes on sale, and if it does, ask if you can have that future sale price now.



More info:

For more money saving tips from grocery expert Teri Gault, click here.

Copyright 2009 WBTV-TV. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Powered by Frankly