Retailers See Haggling as a Price of Doing Business
Hilary Stout - The New York Times
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December 17, 2013
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James Myers of Walton, Ky., bought his 60-inch TV with the help of a bargaining site, Greentoe.com. (Luke Sharrett/New York Times)

Pay no attention to the price on that tag.

Or even the markdown.

This year some shoppers are quietly taking the art of bargaining up the escalator to the floors selling cashmere or over-the-knee leather boots, building on the haggling skills they acquired in the last few years getting big-box store deals on TVs and the like.

Armed with increasingly sophisticated price-tracking tools on their smartphones and other devices, consumers have become bolder, and they know that they often have the upper hand during a tough season for retailers. Recognizing the new reality, some retailers, desperate for sales and customer loyalty, have begun training their employees in the art of bargaining with customers.

Last month, Best Buy essentially invited consumers to bargain when it announced that it would match the prices of any competitor this holiday season if customers showed proof of the lower price.

But other retailers are doing the same with less fanfare, or even making steeper concessions. DealScience, a new website that collects, compares and ranks online deals from thousands of retail brands, discovered that at least 20 percent of big-box retailers had price-matching policies, though many do not advertise them.

Read the rest at The New York Times

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