Thesis Final Report (long)

Do you see this bag which i am using i bought it from

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Do you see this bag which I am using, I bought it from you. S: Baji but there is difference in quality. B: Ok tell me what your last price is? S: Price is perfect baji, Rs 3500 is fine. B: No! I want this bag but not at this price. S: Ok Rs 3200 only for you. B: You’ve hardly reduced anything. S: We don’t have high margins; I have already quoted a reasonable price. B: Ok give it to me in Rs 2500 Seller asks his boss and his boss says final price Rs 3000 B: Please give it for Rs 2500 because I don’t have Rs 3000 S: Sorry baji I even asked my boss, Rs 3000 is the last price. B: Give it for Rs 2500 I am your regular customer. S: This is the reason we have reduced the price to Rs 3000 for you, Rs 2500 is very less. B: Ok final price is Rs 2700 S: Sorry baji The seller hangs the bag and the buyer walks away Observation: The shopkeeper always has a bargaining margin in their quoted price and they are ready to bargain with the customers but to a certain extent. After that they simply refuse to bargain and they don’t take interest to sell the product to that particular customer as they know that there are other people as well willing to buy their product. OBSERVATION 9 161
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Shop: Bag shop Customers: 2 ladies Buyer: Show me that bag Seller shows it to her B: what is the price? S: Rs 2500 B: So expensive, its better to buy it from Forum then S: This quality is different baji Buyer puts the bags and leaves with out any bargain Observation: There are also customers who ask prices and leave without even attempting to bargain. The reason being that the price is very high and they see no point of bargaining as the product is not worth that price. OBSERVATION 10 Shop: Used Shoes shop A lady comes to this stall with her husband. B: Please show that shoe Lady tries it B: It’s not looking nice, ok show me the other one. Seller shows the other shoe B: It’s not comfortable, show me that blue one, this is nice. Lady shows it to her husband who likes it and then comes forward for bargain. Husband: What is the price? 162
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S: Rs 500 only sirjee H: Rs 500 for an old shoe? I haven’t come here for the first time, Don’t make a fool out of me. S: Ok sir how much will you give for it? H: Rs 250 S: Half price? H: If you want to give it for 250 then give otherwise we are leaving. S: Increase few Rs please Husband starts to walk S (shouts): take it sirjee Seller packs it and gives it to him. Observation: Women also come with their husbands who bargain for their wives. In case of second hand products there is room for bargain. Seller always quotes a high price and buyer according to his bargaining power bargains for the product. Seller also sells the product on your price even if your price is 50% of the quoted price as the product is used and its cost price at the seller end is low. OBSERVATION 11 Shop: Used Socks When asked upon, the seller said that the socks were new but the condition was very bad and some were faded and torn as well so he was lying.
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