How to Haggle made Simple

Waffennacht

With this event I've ran into several players whom don't seem to know about or how to "haggle" (or as Richard Rawlings would say, "gettin ya some of that," lol, other famous people come to mind but are more divisive lmao)

Simply put - When some asks for amount of currency for an item, they are more than likely asking roughly 30% more than they are willing to take.

I.e. if I ask for 60k gold for a motif, in reality I'm probably willing to take 40-50k for it (that "-" is where the "deal" comes in)

If I ask for 60k, you should hit me back with an offer between 30-40k (depending on whom you deal with) if I accept good for you! I'll probably come back at you with 45k-50k (depending on your offer) if you accept good for me! But this back and forth goes until an agreement is made (or not - never feel like you "have" to make a deal)

To sum up
Do not assume the asked price is the final price
Be willing to invest time to make the deal
Be willing to walk away
Don't call the person crazy for their initial asking price and run away

jedtb16_ESO

i don't haggle.... if selling stuff i give the price i will accept. if buying i will make one offer. both are based on extensive research into the 'value' of the pixels in question.

imnotanother

That would work in a perfect world.

Usually it goes down like this:
Player 1: WTS (insert item)
Player 2: how much?
Player 1: make offer
Player 2: 50k
Player 1: nah

Waffennacht

imnotanother wrote: »

That would work in a perfect world.

Usually it goes down like this:
Player 1: WTS (insert item)
Player 2: how much?
Player 1: make offer
Player 2: 50k
Player 1: nah

Yes, yes it does. Or an argument about how the item is sold for "x amount in zone"... When you're selling in zone... Lol kinda hoping to help a few out and vent some frustration at the same time lmao

geonsocal

Ultravylence

Before the late 1800s, in most cases, retail goods did not have a fixed price, and each customer would be expected to haggle with the store clerk. The Quakers, who found it immoral for different customers to pay different prices (now known as price discrimination) were an exception. In the 1870s, Quaker owned retailers in New York and Philadelphia began affixing physical tags to items, eliminating haggling.

SpiderKnight

According to pre-pubescent teens that play the game, the correct reponse to WTS:
"Lololol, I bought those for x amount yesterday you ______."
"No, considering I buy these daily for 10k, I'll be generous and buy them from you for 20k."
"Scammer."
"Lol, good luck."
"1k and a potato, lmaorofllol."

Waffennacht

Ultravylence wrote: »

Before the late 1800s, in most cases, retail goods did not have a fixed price, and each customer would be expected to haggle with the store clerk. The Quakers, who found it immoral for different customers to pay different prices (now known as price discrimination) were an exception. In the 1870s, Quaker owned retailers in New York and Philadelphia began affixing physical tags to items, eliminating haggling.

I did not know this! Awesome!

redspecter23

I don't play the haggle minigame. If I'm buying, I will either pay the asking price or if no price is listed, I'll make my best offer. If I don't like their listed sale price, I just don't bother. If I'm selling, I'll accept my posted price or if I don't list a price, I have one in my head that I will take if offered. I don't have time to play back and forth with other people outside of PvP. It's just a waste of time for both sides.

Caleb_Kadesh

Prices are set based on the desperation of the buyer verses the seller. Better known as supply verses demand.

Typically in ESO folks are buying and selling based on someones previous negotiation.

OP you've done a service and here's hoping that folks will learn to "haggle" in a safe environment like ESO.

personman_145

When I sell, I usually look at the TTC price, look at the bottom end, and sell it a bit cheaper just to get it over and done with.

When I buy it's usually off the TTC website and finding the merchant. No haggle stuff. The one time I did what might be called haggling was simply because I didn't have all the money they wanted, and I got my stuff, but meh. Haggling over gold that isn't even real seems sorta petty to me, I'd rather use the time saved other ways, like killing monsters.

Maybe I'm wrong though, what you all think?

Tryxus

https://www.youtube.com/watch?v=1xpzyk8Uo3E

imnotanother

Waffennacht wrote: »

imnotanother wrote: »

That would work in a perfect world.

Usually it goes down like this:
Player 1: WTS (insert item)
Player 2: how much?
Player 1: make offer
Player 2: 50k
Player 1: nah

Yes, yes it does. Or an argument about how the item is sold for "x amount in zone"... When you're selling in zone... Lol kinda hoping to help a few out and vent some frustration at the same time lmao

I totally agree with you.
I love to trade with someone who knows how to haggle.
It is rare though.

Stewart1874

My experiences with haggling have been a bit mixed.

Generally as the buyer I have to make the opening bid which is annoying as there is no bloody indication to go on what ballpark the seller is expecting. It makes it a bit more difficult to snag a bargain. So because of that I never make my best offer first. If I was selling I'd automatically look to inflate the price by like 25% of whatever the person offers because my assumption would be that they're trying to bid low If i'm happy with the price theres still room to make a bit extra.

I as buyer have also had to be very pushy to actually get the sale through.

But yes, the OP is correct haggling and negotiation does work in this game and its about being flexible and accommodating. No deal has to be pure cash, Motifs as make weights or stacks of materials are also valid enough imo.

I think due to the nature of the game I expect a degree of haggling and flexibility. If the seller won't engage then I won't buy from them. If you want to be obtuse then don't sell in zone chat and use the guild trader. IMO if you try and punt goods in the zone chat you are going for the quicker sale and thus should expect to sell below guild trader market value.

dannymcgr81b14_ESO

Tryxus wrote: »

https://www.youtube.com/watch?v=1xpzyk8Uo3E

You beat me to it!

Kiralyn2000

redspecter23 wrote: »

I don't play the haggle minigame. If I'm buying, I will either pay the asking price or if no price is listed, I'll make my best offer. If I don't like their listed sale price, I just don't bother. If I'm selling, I'll accept my posted price or if I don't list a price, I have one in my head that I will take if offered.

This. I didn't grow up in 'haggling' culture. It's not part of my background or nature. You go in a store, look at the price on the shelf, and either pay it or not. This whole haggling thing just seems so...... ech.

Waffennacht

.

Kiralyn2000 wrote: »

redspecter23 wrote: »

I don't play the haggle minigame. If I'm buying, I will either pay the asking price or if no price is listed, I'll make my best offer. If I don't like their listed sale price, I just don't bother. If I'm selling, I'll accept my posted price or if I don't list a price, I have one in my head that I will take if offered.

This. I didn't grow up in 'haggling' culture. It's not part of my background or nature. You go in a store, look at the price on the shelf, and either pay it or not. This whole haggling thing just seems so...... ech.

That's fine, if you wanna pay my initial asking price, great! Just know most will take less . Also, there's the guild traders for that kind of experience (where I usually go to as well) just during the event there's a lot of people entering the market that never had this kind of experience before.

Keep in mind, when in zone, there's no "price tag", you're thinking like a grocery store - think more flea market, the people selling are there for a reason, a quick sale for a discounted price most likely. A listed price at a flea market is more like a set of guidelines rather than rules.

ForsakenSin

Happend last night

Player " Selling motif"
Me" how much"
Player" make offer"
Me" 50k"
Player" LOL LOL LOL this sells for $90k"
Me in my head.. then why did you ask me to make a offer?
Me" really? yesterday there was a player selling this item for $60k i should of bought it but i missed out"
Player "good"

Me.. wtf just happen......?

Waffennacht

ForsakenSin wrote: »

Happend last night

Player " Selling motif"
Me" how much"
Player" make offer"
Me" 50k"
Player" LOL LOL LOL this sells for $90k"
Me in my head.. then why did you ask me to make a offer?
Me" really? yesterday there was a player selling this item for $60k i should of bought it but i missed out"
Player "good"

Me.. wtf just happen......?

I hate the "make offer" bit. I usually go super low on purpose to force them to tell me what's on their mind. He tells you with the 90k part. I think you did it perfectly myself.

If I were he, I woulda prob hit ya with 75k

ForsakenSin

Waffennacht wrote: »

ForsakenSin wrote: »

Happend last night

Player " Selling motif"
Me" how much"
Player" make offer"
Me" 50k"
Player" LOL LOL LOL this sells for $90k"
Me in my head.. then why did you ask me to make a offer?
Me" really? yesterday there was a player selling this item for $60k i should of bought it but i missed out"
Player "good"

Me.. wtf just happen......?

I hate the "make offer" bit. I usually go super low on purpose to force them to tell me what's on their mind. He tells you with the 90k part. I think you did it perfectly myself.

If I were he, I woulda prob hit ya with 75k

exactly and then i would counter "how about we split the difference 65k and i will throw in 4 treasure map for free "

Waffennacht

ForsakenSin wrote: »

Waffennacht wrote: »

ForsakenSin wrote: »

Happend last night

Player " Selling motif"
Me" how much"
Player" make offer"
Me" 50k"
Player" LOL LOL LOL this sells for $90k"
Me in my head.. then why did you ask me to make a offer?
Me" really? yesterday there was a player selling this item for $60k i should of bought it but i missed out"
Player "good"

Me.. wtf just happen......?

I hate the "make offer" bit. I usually go super low on purpose to force them to tell me what's on their mind. He tells you with the 90k part. I think you did it perfectly myself.

If I were he, I woulda prob hit ya with 75k

exactly and then i would counter "how about we split the difference 65k and i will throw in 4 treasure map for free "

Lmfao, I'd be tempted to say, I'll do 60 if you keep those dirty things away from me!!

If someone is civil and is willing to work with me, I'll end up going lower than I normally would.

Also, if I recognize your name from PvP, I give you one hell of a deal

Kiralyn2000

Waffennacht wrote: »

Keep in mind, when in zone, there's no "price tag", you're thinking like a grocery store - think more flea market, the people selling are there for a reason, a quick sale for a discounted price most likely. A listed price at a flea market is more like a set of guidelines rather than rules.

Well, there either is a "price tag" - the price the person yelled out ("WTS Worm Cult Chests 60k"), or there's no price tag ("make an offer") in which case I'd never bother responding to them. Because there's no price tag.


(haven't really been to many flea markets in my life. If I did go, I'd just pay whatever the item was tagged with. That's why there's a price tag on it. /shrug)

Waffennacht

Kiralyn2000 wrote: »

Waffennacht wrote: »

Keep in mind, when in zone, there's no "price tag", you're thinking like a grocery store - think more flea market, the people selling are there for a reason, a quick sale for a discounted price most likely. A listed price at a flea market is more like a set of guidelines rather than rules.

Well, there either is a "price tag" - the price the person yelled out ("WTS Worm Cult Chests 60k"), or there's no price tag ("make an offer") in which case I'd never bother responding to them. Because there's no price tag.


(haven't really been to many flea markets in my life. If I did go, I'd just pay whatever the item was tagged with. That's why there's a price tag on it. /shrug)

I'm just saying, they hope you do that lol, you're playing right into their hands!

redspecter23

Waffennacht wrote: »

Kiralyn2000 wrote: »

Waffennacht wrote: »

Keep in mind, when in zone, there's no "price tag", you're thinking like a grocery store - think more flea market, the people selling are there for a reason, a quick sale for a discounted price most likely. A listed price at a flea market is more like a set of guidelines rather than rules.

Well, there either is a "price tag" - the price the person yelled out ("WTS Worm Cult Chests 60k"), or there's no price tag ("make an offer") in which case I'd never bother responding to them. Because there's no price tag.


(haven't really been to many flea markets in my life. If I did go, I'd just pay whatever the item was tagged with. That's why there's a price tag on it. /shrug)

I'm just saying, they hope you do that lol, you're playing right into their hands!

But they may also lose potential sales to someone that looks at the price and thinks to themselves "that's overpriced by about $15" and the seller is thinking "I'd totally take $20 less than asking if only someone would ask".

maxjapank

The other day, I wanted to buy this person's motif. I asked how much. They listed an MM price of 50-60k gold. But my MM listed it from 25-35k. I told them I'd be willing to buy it for 30k. I would of probably gone up to 35k if they had countered with that. But they said NO WAY. So they next day I bought one off a trader for 25k. And there were numerous ones listed at that price all over. Perhaps the dude got his 50-60k price. I doubt it, though. They are probably trying to get rid of it at 25k and under. They should've sold it to me for 35k.

Saucy_Jack

When I sell in zone, I give the price of the item, and it's the price I'll take. Generally I'm willing to barter; if I'm offering something for 60k, I might take 50k plus a couple of kuta, or 52k plus a tempering alloy - something that gets the person in the ballpark of 60k.

However, inevitably someone posts lowball MM or TTC prices in zone right after. I'm not sure why they do this; some say it's because they're helping other players "not get ripped off".

NOTE: just because a seller doesn't list at the absolutely lowest price all the time doesn't mean they're trying to rip people off.

Bobby_V_Rockit

If I really want the item I’ll haggle, but usually I just wander off after the first “offer” or “price”

VaranisArano

I usually get it the other way.

Player: anyone have [crafting mat] willing to buy?
Me: sure, Ive got some
Player: price?
Me/Player: we compare MM/TTC
Player: offers price below MM
Me: no thanks, I can sell it for MM or more on my guild store
Player: your loss
Me: successfully sells it for MM or more on my guild store

jssriot

ForsakenSin wrote: »

Happend last night

Player " Selling motif"
Me" how much"
Player" make offer"
Me" 50k"
Player" LOL LOL LOL this sells for $90k"
Me in my head.. then why did you ask me to make a offer?

Because they were hoping you'd offer something higher than 90k.

I don't sell in zone and the only time I'll buy in zone it's clearly someone who'd just trying to make a honest, quick trade because they want gold for tempers or gear or whatever, I'll help them out and might even give them a little more than what they asked for because i'm not hurting for gold. I don't have time for hustlers.

firedrgn

I spammed zone for a dubious recipe.. had a one whisper me to make an offer. I said i had see them in zone go for 50k , which i had.. i told him that but would pay 112k because thats everything i had. I got told no thanks.

Bought one an hour later for 70k no haggling required.

DanteYoda

Me WTS ............

Crickets...

Me puts in bank..