Infographic: Those who don't haggle are missing out
By Kristin McGrath and Juan Rodriguez
Although fewer than half (48 percent) of shoppers say they haggled for goods and services in the past three years, those who did were handsomely rewarded for their efforts, according to a July 2013 survey from Consumer Reports. Eighty-nine percent of hagglers were successful at least once, saving an average of $100 on bank and credit card fees, $200 on appliances and $80 on cellphone plans.
Consumer reports measured a drop in haggling since its 2007 survey, when 61 percent said they haggled. The sharpest drop was in the "bank and credit card fees" category, in which haggling fell by 25 percent. Consumer Reports credits the CARD Act of 2009, which among other consumer protections, requires that banks give 45 days' notice of fee increases.
The chart below shows what consumers were willing to haggle for and how much they were able to save.
To use the graphic on your site, use the following code:
Published: July 12, 2013
- Young consumers most cautious about online payments – A survey shows that showing that young consumers are the most cautious when paying for their purchases ...
- Digital wallets: Merchants to pave the way for consumer acceptance – Despite security concerns, more Americans are willing to use digital wallets, if merchants oblige ...
- Infographic: Debit, credit cards still killing off checks – The Fed’s 2015 shows checks account for only 12 percent of U.S. noncash transactions compared to 16 percent in 2012 ...