Negotiate prices in markets, garage sales, and informal transactions—securing better deals while respecting sellers and cultural norms. Bargaining differs from formal negotiation: more informal, often expected in certain contexts (flea markets, garage sales, some countries), focuses primarily on price.
Techniques: research fair prices first (know value), start lower than target (leave negotiation room), be polite and friendly (relationship matters), show genuine interest (builds rapport), be willing to walk away (creates leverage), bundle items (better deal on multiple), point out flaws respectfully (justifies lower price), pay cash (immediate payment adds value).
Cultural awareness: bargaining expected in many countries' markets; offensive in fixed-price Western stores. Read context. Practice: garage sales (low stakes), online marketplaces (Facebook Marketplace, Craigslist), travel abroad. Confidence grows with experience. Significant savings over lifetime. Fun skill—game-like challenge.