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Why do most sellers give you a poor first quotation? Two types of buyers: savvy and not. Savvy buyers negotiate, buy in bigger volume, are long-term, and can be less headache. Starting at a high price deters bad customers or accepts their business only at high margins.
This is an example of non-declarative knowledge. Most sellers do this and have done so for decades. If you ask them why, they probably couldn’t tell you. They might just say “because it works”.
Going in, do you know how much you'll be able to negotiate a seller down in price? Is there a rule of thumb, or depends?
Usually not, but if it’s really important you can figure it out. There is certainly a way of determining roughly where you’ll end up.
Whenever I sell a product or whatever on eBay I start at unreasonably high price and every day lower price by around 0.5-2% until it sells
Unless it gets massive amt of views and interest then I slow that process down to every 2-4 days
Treat all buyers as savvy. Best way to control the selling cycle.
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