How much discount to ask is fair for both parties?

[Spider27]

Hello,

 

I usually purchase good condition secondhand speakers if I shop for speakers but a friend of mine is looking for a brand new pair that comes with warranty around $1K and he asked me for an advice but I do not have any idea hence asking more experienced members here.

 

Haggling too much is not good for audio store that also needs to make decent profit to run a business which is totally understandable. 

On the other hand, I guess that no one purchase at listed price?

 

May I ask what is good percentage discount to ask for a brand new pair of speakers that is listed say $800 or $1000?

 

If I understand correctly, higher priced speakers, more room to negotiate. Not sure about $1K speakers. 

 

If you have experience in purchasing budget speakers about $1K, what is the typical discount that you would feel fair for both parties?

 

Any feedback would be greatly appreciated.

 

Thank you.

[Mendes]

43 minutes ago, Spider27 said:

On the other hand, I guess that no one purchase at listed price?

Not sure about that.

In the current market situation having something in stock can be king for many reasons.

They can only sell a product but once until new stock arrives (then maybe at a higher price and also a lot later).

This will not be for all items, but if you really want it just buy it.

Just my $0.02

 

Good luck.

[Nickelle]

I am sure if you are a serious buyer a shop will meet you at an agreeable price that gives them a profit to cover shop running costs. Any offer is better than none if the stock is n ot moving, there is a rumoured recession ahead. Just my $1 

[MrBurns84]

4 minutes ago, Nickelle said:

I am sure if you are a serious buyer a shop will meet you at an agreeable price that gives them a profit to cover shop running costs. Any offer is better than none if the stock is n ot moving, there is a rumoured recession ahead. Just my $1 

Agreed.  Ask your friend to negotiate as each retailer have different operational costs and margins to maintain. 

[aussievintage]

1 hour ago, Spider27 said:

what is the typical discount that you would feel fair for both parties?

 

There is no "typical" discount.  Do a bit of research to see what they sell for at other places.  Then you will know if the asking price is high (or low).  Factor in the convenience of stock ready to buy locally.  Also factor in the value of local help and experience, especially if something goes wrong later.

 

In the end, unless everyone else is selling it much cheaper, I really recommend you pay the asking price.  There's a lot of value in avoiding haggling and possible bad feelings afterwards.  You'll probably enjoy the speakers more as well, as a result.

[075Congo]

Yep I'd do research and establish the price range then see if a retail outlet of choice can match the lower price. I did that this morning and a rrp of $2140 became $1700 but I have to wait for it to come from Denmark. Got to be patient re the "in stock" issue. Not many audio outlets are offering the 10% discount any more.

[colinm1]

an important issue for me is ,

1 yes the good price

2 after sales service

buy at a silly low price and who in their right mind would bend over backwards to service the item

if anything went wrong

end of the day it could cost the shop more than the (small) profit  to do so 

in many cases i found in retail 

the less one is prepared to pay for an item the more issues that customer may well precent 

i would rather buy at a fair price ,

from a reputable hi fi shop 

[Cloth Ears]

2 hours ago, Spider27 said:

Hello,

 

I usually purchase good condition secondhand speakers if I shop for speakers but a friend of mine is looking for a brand new pair that comes with warranty around $1K and he asked me for an advice but I do not have any idea hence asking more experienced members here.

 

Haggling too much is not good for audio store that also needs to make decent profit to run a business which is totally understandable. 

On the other hand, I guess that no one purchase at listed price?

 

May I ask what is good percentage discount to ask for a brand new pair of speakers that is listed say $800 or $1000?

 

If I understand correctly, higher priced speakers, more room to negotiate. Not sure about $1K speakers. 

 

If you have experience in purchasing budget speakers about $1K, what is the typical discount that you would feel fair for both parties?

 

Any feedback would be greatly appreciated.

 

Thank you.

I generally don't ask for a percentage, or haggle. I simply say "is this the best price you can do for me?" It works in many places (not just JB and The Good Guys) and can sometimes realise a much bigger discount than I was expecting. Even on smaller items - I got a 2TB SSD for Mrs CE at Good Guys the other day, $224 down from $299.

[audiofeline]

Same here.  I do my research first, then when I've established that I'm a genuine buyer (and not before) I will ask "is this the best price you can do?".  When they give a price, I thank them, then ask if they could improve it.  If they can't I will acknowledge the first offer and accept it.  When they set the price, they can't argue that I've done anything wrong. 

 

I do recall once when the salesperson put on an act and saying things like "ooh, your'e killing me", etc. with some underlying manipulation as the motivation.   He couldn't cope when I calmly replied that I wasn't killing him, I just asked if a better price was possible or not possible. 

[Kaynin]

Yeah, I just ask for their best price.  If I like them, then their best price is sweet with me.  No pre-conceived percentages at all.