Financial blogger Kerry K. Taylor offers some tips for getting the price down:
Find the store manager.
Whether you're shopping for shoes or electronics, your golden path to discount nirvana usually starts with the person in charge. Most store managers have the power to instantly discount merchandise by up to 15 percent, while many employees don't have the authority to save you a dime. The key is to always be respectful of store employees since many work on commission, and kindly ask if the manager is available to answer a few questions.
Ask the right question.
"Is this the best price you can offer me?" It's a simple question to ask, and politely posing it to the right person is free. Just don't be disrespectful or difficult when you deal -- many stores were hit hard during the recession and may not be able to discount to your ideal asking price.
Offer to pay in cash.
Merchant credit card transaction fees can range from 2 to 8 percent, costing retailers big bucks. Offering to pay for your purchase in cash could easily save you money if the vendor is able to slash those built-in fees from a cash-only sale.
Click to comparison shop.
Before stepping foot in a store, educate yourself first by doing your research online. Always check online flyers and competitor prices to find the best deal of the day and to download printable in-store coupons. Vendors want your business and may beat a posted price if you can show them the competitor's deal.
Use secret online coupons.
Online shoppers can save even more money by searching the internet for secret promotional or coupon codes. Just launch your favorite Web browser, open your preferred search engine, and enter the retailer's name and the words coupon code. Depending on your search results, you may find several promotional codes that can be entered into your online shopping cart. See 8 Stealth Ways to Uncover Big Savings with Secret Online Coupons for more sneaky cost-cutting coupon tips.
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